Chubb Ltd CB Cash Flow

Chubb ltd (CB)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09
Cash flows from operating activities
Net Income (Loss) Attributable to Parent
252	1,173	1,091	1,150	1,040	355	1,231	1,294	1,082	1,533	-70	1,305	1,093	1,610	1,360	726	439	683	528	942	681	555	785	779	734	998	916	891	953	765	640	328	973	735	-39	594	250	978	675	677	755	953	494	535	567
Adjustments to reconcile net income to net cash flows from operating activities
Net Realized Gains Losses
-958	-55	-155	-223	-97	-687	19	18	-2	0	-10	101	-7	365	100	-216	-394	-60	-397	126	-89	-210	-120	-73	-104	154	40	104	206	272	-60	-394	260	83	-760	-73	-45	305	-50	9	168	373	-223	-225	-121
Amortization of Debt Issuance Costs and Discounts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	36	29	44	62	53	61	73	68	66	59	58	58	45	47	42	34	29	42	42	31	30	27	12	12	2
Amortization of premiums/discounts on fixed maturities
-87	-	-85	-91	-118	-	-143	-156	-155	-	-173	-169	-184	-	-182	-202	-174	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of purchased intangibles
73	76	76	77	76	86	83	85	85	66	65	65	64	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of UPR related to the Chubb Corp acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	525	570	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
13	-81	45	57	76	30	-117	69	2	376	39	-15	127	-109	61	-90	42	-60	55	-101	-7	-104	76	-117	0	-71	-71	-63	-35	53	-45	-2	1	-12	42	-27	-18	-126	-32	-14	62	-103	54	48	20
Unpaid losses and loss expenses
228	-534	37	178	62	134	703	153	-420	-652	3,200	-257	-154	-584	586	402	-72	-150	-138	233	-320	137	673	-1,091	598	-332	-337	-201	505	227	-1,074	152	492	783	175	15	-1,016	418	-510	362	90	-9	-424	141	-6
Unearned premiums
192	-10	253	534	274	-125	144	524	111	-76	-46	369	17	-133	-165	234	-616	-18	-67	208	212	-8	-145	324	270	-201	-90	426	267	-186	-72	515	265	-223	-246	353	125	-255	-301	424	394	-292	-378	433	339
Future policy benefits
31	67	47	60	41	65	26	86	58	31	52	94	40	59	23	78	28	59	43	66	48	55	42	83	56	42	32	73	44	49	55	27	27	27	14	82	-45	-46	54	-13	53	-38	8	75	22
Insurance and reinsurance balances payable
2	-188	-20	-107	13	148	-101	425	250	24	-31	26	252	699	-44	208	-15	49	-313	374	158	195	39	30	112	13	-19	223	-41	23	-114	66	-126	58	-291	496	-47	118	-274	106	-122	215	-19	121	117
Accounts payable, accrued expenses, and other liabilities
-392	-201	351	145	-502	547	317	235	-724	311	-225	-112	-491	12	-127	52	-34	358	-227	94	-46	143	-167	101	-64	213	-406	86	144	-294	261	56	-65	-469	505	80	-77	14	83	137	-104	86	68	-292	-68
Income taxes payable
109	-90	67	-250	266	-21	-42	136	88	-103	-159	-294	191	-161	241	-76	143	-140	112	-140	20	9	150	-71	15	-47	-18	-9	29	-211	44	-41	41	-35	165	-123	32	-136	86	-55	115	-46	42	-37	54
Insurance and reinsurance balances receivable
6	-101	-472	1,121	-278	-93	-55	955	174	-96	-236	605	-30	415	-37	839	-601	68	-347	572	-240	278	-53	508	-264	-33	46	566	45	-1,163	277	493	58	-886	525	808	-230	-38	304	-251	-65	157	446	-79	-405
Reinsurance recoverable
-116	1,264	139	-662	97	-1,384	397	-37	-141	-272	-1,288	434	-122	-117	-224	-211	194	-203	366	-130	185	-134	-293	68	478	237	12	103	435	-234	-20	204	422	398	429	421	-717	561	-281	174	172	65	-173	566	60
Reinsurance recoverable on policy benefits
-	-	-	-	-	-	-	-	-	-	5	-10	-5	-	5	-14	3	13	4	14	2	10	8	-12	-2	17	4	-8	10	5	-1	37	11	-1	-3	-3	32	37	1	12	-1	45	28	-34	-90
Deferred policy acquisition costs
65	78	72	131	63	31	57	138	75	61	77	120	59	133	274	562	480	81	118	108	128	91	78	129	99	112	123	147	121	80	101	87	72	-17	2	82	55	-2	5	76	91	55	59	122	73
Prepaid reinsurance premiums
-	-	-	-	-	-	-	-	-	-	-125	58	81	-	-21	2	-14	30	-79	229	32	48	-130	119	52	-38	-110	121	58	8	-168	200	83	-18	-104	163	-7	-154	-244	272	139	-201	-184	252	109
Other
-140	-464	153	68	205	-483	503	305	26	-379	160	293	-174	-559	96	-104	281	-359	194	-54	77	-386	159	57	21	-475	-115	284	94	-471	178	-97	55	132	-239	-94	-160	139	160	-331	-146	-184	236	202	-39
Net Cash Provided by (Used in) Operating Activities
1,712	1,429	2,205	1,386	1,322	1,583	1,700	1,646	551	1,092	1,771	627	1,013	1,455	1,684	1,133	1,020	1,165	808	816	1,075	1,274	1,126	846	1,250	1,286	928	895	913	970	1,642	811	572	472	935	1,060	1,003	771	1,084	868	823	1,003	1,010	760	562
Cash flows from investing activities
Payments to Acquire Debt Securities, Available-for-sale
6,474	6,068	7,212	7,005	5,561	7,912	4,491	6,325	5,972	7,242	6,218	6,010	6,250	6,922	6,760	8,973	8,104	3,011	3,850	4,874	4,305	3,686	3,907	4,438	3,522	4,980	5,582	5,332	5,446	6,224	5,826	6,093	5,429	4,740	5,742	6,151	6,890	7,223	6,139	8,118	8,505	6,548	7,321	11,464	6,456
Purchases of to be announced mortgage-backed securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	31	-	0	0	0	4	28	7	19	81	143	111	54	-30	143	299	343	143	408	637	83	-246	453	1,804	3,460
Payments to Acquire Held-to-maturity Securities
6	86	70	72	1	76	43	175	162	90	50	55	157	93	68	44	77	23	15	3	21	82	56	99	30	73	75	157	142	171	81	104	32	55	51	57	177	102	190	170	154	199	89	284	-100
Payments to Acquire Available-for-sale Securities, Equity
1,380	65	319	98	49	59	63	30	55	48	43	45	37	46	22	45	33	36	52	31	39	29	158	27	37	47	23	87	107	21	21	74	19	20	119	27	143	458	298	27	11	40	5	461	-152
Sales of fixed maturities available for sale
4,687	2,680	2,598	4,545	3,287	4,960	2,183	4,296	2,562	4,013	2,342	3,478	3,395	2,758	1,995	5,539	6,329	5,581	1,591	1,609	2,002	1,176	2,464	1,634	2,208	2,373	2,612	2,625	2,745	3,263	3,218	4,104	3,736	3,609	4,221	4,276	5,070	5,863	4,367	6,036	6,830	4,747	5,336	8,483	5,127
Sales of to be announced mortgage-backed securities
0	0	0	0	6	29	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	28	4	7	19	151	105	133	59	39	117	281	358	120	379	601	83	-124	464	2,152	3,469
Sales of fixed maturities held to maturity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	10	0	0	1
Sales of equity securities
131	34	311	206	60	68	164	43	40	35	48	58	46	37	31	171	761	33	48	74	28	348	277	18	27	43	37	31	31	62	24	7	26	12	17	30	317	342	121	128	183	170	28	921	153
Maturities and redemptions of fixed maturities available for sale
2,756	2,649	2,427	2,132	1,831	1,870	1,562	2,055	1,865	2,726	2,530	2,626	2,543	2,413	3,026	2,357	1,553	1,310	1,566	2,210	1,481	1,599	1,651	1,613	1,550	1,403	1,426	2,096	2,016	1,927	1,316	1,204	1,076	1,117	845	817	941	994	890	962	814	709	1,068	806	821
Maturities and redemptions of fixed maturities held to maturity
440	132	216	318	280	123	269	477	255	235	236	168	240	331	184	194	249	117	82	146	324	258	203	202	212	255	325	417	491	359	353	394	345	313	310	260	396	422	361	277	293	139	155	91	129
Net change in short-term investments
-552	1,319	-965	724	39	-452	337	330	-731	581	310	-122	-232	-484	-155	221	-11,932	8,637	-193	-483	255	-381	689	-470	765	1	-662	-550	687	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net derivative instruments settlements
-109	56	111	178	358	-62	51	34	-39	95	41	40	89	-13	88	71	22	83	-95	-18	51	60	-15	89	96	95	59	38	279	-77	225	-62	195	134	-113	-39	85	120	120	-170	39	69	28	-42	37
Private equity contribution
361	222	173	510	410	225	299	460	353	163	140	147	198	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Private equity distribution
211	417	193	412	368	237	330	212	201	340	257	172	315	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments for Other Deposits
1,550	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments to Acquire Businesses, Net of Cash Acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-14	14,262	-5	-4	-255	0	-	-	-	-	0	0	944	33	0	68	5	25	212	14	335	45	-	-	-	-	-	-	-	-
Other
125	411	99	640	87	302	91	108	32	211	75	138	106	428	55	-22	-59	125	67	-82	153	127	29	68	50	205	62	71	55	216	84	152	103	165	185	102	30	136	97	23	77	-172	-23	161	-65
Net cash flows used for investing activities
-1,010	-2,344	-1,274	-1,614	-673	-808	-867	-379	-881	-1,081	-1,464	189	-66	-1,048	-1,602	-1,057	-1,615	-4,869	-405	0	-1,020	-816	-229	-956	-503	-1,303	-763	-910	-1,466	-757	-1,432	-635	-615	-506	-631	-1,268	-631	-1,513	-1,201	-801	-666	-787	-822	-1,119	-496
Cash flows from financing activities
Dividends paid on Common Shares
339	340	343	335	336	336	340	331	330	330	332	322	324	322	321	312	218	218	217	213	214	216	218	214	214	174	174	167	2	331	166	159	159	117	119	111	112	112	113	105	105	105	104	270	-91
Common Shares repurchased
323	327	462	374	367	312	385	318	29	94	232	347	128	-	0	0	0	0	8	403	347	422	450	222	335	54	21	58	154	0	0	0	11	27	100	0	68	-	-	-	-	-	-	-	-
Proceeds from issuance of long-term debt
-	-	-	-	-	0	0	-4	2,175	0	0	0	0	-	-	-	-	5,290	0	0	800	0	0	699	0	0	0	0	947	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of repurchase agreements
952	423	410	1,513	471	457	558	606	408	555	455	590	753	853	553	51	853	551	151	850	477	151	850	551	426	851	151	911	659	850	551	851	681	1,253	674	1,911	1,400	-	-	-	-	-	-	-	-
Repayments of Long-term Debt
-	-	-	-	-	0	101	1,600	300	1	0	0	500	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of repurchase agreements
952	421	410	1,516	470	453	557	605	404	555	455	586	752	856	553	49	853	550	150	850	477	150	850	551	426	852	150	912	658	851	551	981	400	1,253	824	1,911	1,300	-	-	-	-	-	-	-	-
Proceeds from share-based compensation plans
47	49	60	60	35	29	26	26	34	42	20	47	42	50	25	41	51	42	43	7	39	33	19	35	40	23	50	41	21	53	18	27	28	57	6	33	43	-	-	-	-	-	-	-	-
Proceeds from exercise of options for Common Shares
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	-	6	2	1
Proceeds from Common Shares issued under Employee Stock Purchase Plan (ESPP)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	-	-1	6	5
Tax (expense) benefit on share-based compensation expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Policyholder contract deposits
135	138	139	122	115	184	77	74	118	130	103	100	109	49	199	156	118	152	116	134	101	177	64	74	51	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Policyholder contract withdrawals
162	82	83	60	78	136	53	64	105	96	86	67	58	6	144	54	49	62	52	67	40	110	29	19	14	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from (Payments for) Other Financing Activities
-3	-	-	-	0	-	-	-	-	-	-	-	-	0	0	0	-4	-34	0	0	-6	0	0	-6	0	-68	38	30	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash flows used for financing activities
-645	973	-693	199	-630	-567	-775	-2,216	1,567	-349	-527	-585	-858	-232	-241	-167	-102	4,472	-118	-992	333	-537	-615	-153	-472	-161	-106	-155	813	-279	-148	-262	139	-87	-363	-78	-37	1,014	-91	-98	-93	-291	-115	170	-85
Effect of foreign currency rate changes on cash and restricted cash
-45	-1	-17	4	34	-25	-2	-63	25	-4	-6	28	-17	-67	18	11	13	-31	-37	18	-95	-72	-70	10	-7	-11	30	-6	-20	-9	11	-12	5	-31	-8	4	8	13	27	-27	-7	2	15	-1	-4
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
12	57	221	-25	53	183	56	-1,012	1,262	-342	-226	259	72	108	-141	-80	-684	737	248	-158	293	-151	212	-253	268	-189	89	-176	240	-75	73	-98	101	-152	-67	-282	343	285	-181	-58	57	-73	88	-190	-23
Supplemental cash flow information
Taxes paid
107	179	211	508	14	190	90	130	93	84	142	456	54	302	101	153	106	114	92	167	96	99	102	88	60	68	62	45	43	115	64	187	72	154	41	219	46	138	40	181	75	-	-	-	-
Interest paid
91	185	41	201	85	218	71	250	82	240	77	252	75	252	71	248	71	71	61	79	48	78	52	83	51	84	52	86	31	84	37	82	37	83	39	81	31	74	29	72	29	-	-	-	-