Cna financial corporation (CNA)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09
Cash Flows from Operating Activities
Net (loss) income

1,000

813

899

859

479

691

937

628

628

759

481

Adjustments to reconcile net (loss) income to net cash flows provided by operating activities:
Loss on sale of subsidiaries

-

-

-

-

-

-251

0

-

-

-

-

Deferred income tax (benefit) expense

-46

-20

168

136

-150

3

77

147

188

326

177

(Income) loss from discontinued operations

-

-

-

-

-

-

-

-

-1

-21

-2

(Gain) loss on disposal of property and equipment

-

-

-

-

-

-

-

-

-9

0

-14

Trading portfolio activity

16

0

-9

9

-17

-16

10

23

-1

-153

164

Net investment losses (gains)

29

-52

93

50

-67

60

31

63

-2

86

-857

Equity method investees

-11

-330

-84

-238

-195

-83

323

89

-97

136

223

Net amortization of investments

89

70

40

27

-17

-3

24

55

64

117

198

Depreciation and amortization

68

79

88

77

84

83

101

125

79

78

-

Changes in:
Receivables, net

-137

229

-92

130

-82

-731

-44

-49

-1,020

-406

976

Depreciation

-

-

-

-

-

-

-

-

-

-

86

Accrued investment income

3

-19

4

3

1

0

9

-4

17

15

60

Deferred acquisition costs

26

6

24

8

-311

-44

-2

16

1

-29

-17

Insurance reserves

358

482

22

237

241

-363

-68

430

-237

-805

-612

Other, net

-225

-223

53

-

-

-

-

-

-

-

-

Other assets

-

-

-

95

79

48

27

-144

-175

-142

-99

Other liabilities

-

-

-

162

126

-48

525

-49

-187

53

-174

Other, net

-

-

-

29

-2

54

10

18

10

5

3

Total adjustments

-

-

-

557

908

749

267

622

1,076

-758

800

Net cash flows provided (used) by operating activities-continuing operations

-

-

-

-

-

-

-

-

1,704

1

1,281

Net cash flows provided (used) by operating activities-discontinued operations

-

-

-

-

-

-

-

-

-2

-90

-23

Net cash flows provided by operating activities

1,140

1,227

1,254

1,416

1,387

1,440

1,204

1,250

1,702

-89

1,258

Cash Flows from Investing Activities
Dispositions:
Fixed maturity securities - sales

5,842

8,408

5,438

5,328

4,390

4,914

6,869

6,123

7,579

12,514

19,245

Fixed maturity securities - maturities, calls and redemptions

2,997

2,370

3,641

3,219

4,095

3,983

3,271

3,699

3,055

3,340

3,448

Equity securities

214

89

46

81

57

31

103

86

178

341

901

Limited partnerships

479

343

192

290

174

167

108

165

57

126

-

Mortgage loans

143

128

26

207

26

57

22

7

2

0

-

Purchases:
Fixed maturity securities

8,661

10,785

9,065

9,827

8,675

9,365

11,197

10,299

12,168

16,704

24,189

Equity securities

186

258

166

0

62

67

77

54

72

99

269

Limited partnerships

198

419

171

252

188

271

223

228

215

381

-

Mortgage loans

298

128

274

120

123

137

129

-174

149

87

0

Change in other investments

-11

-12

-3

7

4

15

-22

22

17

-8

140

Change in short term investments

-535

168

-6

258

34

-388

425

-7

566

1,629

-327

Purchase of Hardy

-

-

-

-

-

-

-

197

0

0

-

Purchases of property and equipment

26

99

102

146

125

71

91

94

84

53

63

Disposals of property and equipment

-

-

-

107

0

0

-

-

-

-

-

Proceeds from sale of subsidiaries

-

-

-

-

-

198

0

-

-

-

-

Other dispositions

-

-

-

-

-

-

32

1

171

66

0

Other, net

-15

-18

-20

-2

-21

-16

-11

-16

-1

-7

2

Net cash flows provided (used) by investing activities-continuing operations

-

-

-

-

-

-

-

-

-1,062

691

-1,116

Net cash flows provided (used) by investing activities-discontinued operations

-

-

-

-

-

-

-

-

2

76

23

Net cash flows provided by investing activities

-225

-177

-424

-846

-372

-918

-898

-934

-1,060

767

-1,093

Cash Flows from Financing Activities
Acquisition of CNA Surety noncontrolling interest

-

-

-

-

-

-

-

-

475

0

0

Dividends paid to common stockholders

929

896

842

813

811

541

216

162

108

0

0

Dividends paid to Loews Corporation for 2008 Senior Preferred

-

-

-

-

-

-

-

-

-

76

122

Payment to redeem 2008 Senior Preferred

-

-

-

-

-

-

-

-

-

1,000

250

Proceeds from the issuance of debt

496

0

496

498

0

546

0

-

396

495

350

Repayment of debt

520

180

391

358

0

549

13

70

451

150

100

Purchase of treasury stock

23

0

0

-

-

-

-

-

-

-

-

Stock options exercised

-

-

-

-

-

-

-

-

2

11

1

Other, net

-12

-9

-18

0

4

25

-35

-7

-8

-22

1

Net cash flows provided (used) by financing activities-continuing operations

-

-

-

-

-

-

-

-

-644

-742

-120

Net cash flows provided (used) by financing activities-discontinued operations

-

-

-

-

-

-

-

-

0

0

0

Net cash flows used by financing activities

-988

-1,085

-755

-673

-807

-519

-264

-239

-644

-742

-120

Effect of foreign exchange rate changes on cash

5

-10

9

-

-

-

-

-

-

-

-

Net change in cash

-68

-45

84

-

-

-

-

-

-

-

-

Effect of foreign exchange rate changes on cash

-

-

-

-13

-11

-8

-3

4

0

1

10

Net change in cash

-

-

-

-116

197

-5

39

81

-2

-63

55

Net cash transactions from continuing operations to discontinued operations

-

-

-

-

-

-

-

-

-

-14

0

Net cash transactions to discontinued operations from continuing operations

-

-

-

-

-

-

-

-

-

14

0