First American Financial (FAF) trailing twelve month cash flow statement covering six trailing twelve month periods to June 30, 2023, as reported to the SEC.
A cash flow statement shows the cash that actually came in and went out, split between running the business, investing and financing.
| Jun'23 | Mar'23 | Dec'22 | Sep'22 | Jun'22 | Mar'22 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||||||||||||||
Net income | |||||||||||||||||||||
239,100 | 212,900 | 265,000 | 472,000 | 919,300 | 1,113,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net income | 239,100 | 212,900 | 265,000 | 472,000 | 919,300 | 1,113,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Adjustments to reconcile net income to cash provided by operating activities: | |||||||||||||||||||||
Provision for policy losses and other claims | |||||||||||||||||||||
408,900 | 445,900 | 486,000 | 523,000 | 547,900 | 571,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Provision for policy losses and other claims | 408,900 | 445,900 | 486,000 | 523,000 | 547,900 | 571,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Depreciation and amortization | |||||||||||||||||||||
176,000 | 171,500 | 167,000 | 164,000 | 161,600 | 161,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Depreciation and amortization | 176,000 | 171,500 | 167,000 | 164,000 | 161,600 | 161,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Amortization of premiums and accretion of discounts on debt securities, net | |||||||||||||||||||||
-4,600 | -9,400 | -19,000 | -32,000 | -42,300 | -47,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Amortization of premiums and accretion of discounts on debt securities, net | -4,600 | -9,400 | -19,000 | -32,000 | -42,300 | -47,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net investment losses | |||||||||||||||||||||
-340,800 | -480,800 | -516,000 | -395,000 | 106,700 | 326,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net investment losses | -340,800 | -480,800 | -516,000 | -395,000 | 106,700 | 326,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Excess tax benefits from share-based compensation | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Excess tax benefits from share-based compensation | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net other-than-temporary impairment losses | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net other-than-temporary impairment losses | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Share-based compensation | |||||||||||||||||||||
47,000 | 46,700 | 67,000 | 67,000 | 66,000 | 66,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Share-based compensation | 47,000 | 46,700 | 67,000 | 67,000 | 66,000 | 66,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Equity in earnings of affiliates, net | |||||||||||||||||||||
6,100 | 7,900 | 11,000 | 11,000 | 9,700 | 9,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Equity in earnings of affiliates, net | 6,100 | 7,900 | 11,000 | 11,000 | 9,700 | 9,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Dividends from equity method investments | |||||||||||||||||||||
8,700 | 10,200 | 11,000 | 12,000 | 12,100 | 11,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Dividends from equity method investments | 8,700 | 10,200 | 11,000 | 12,000 | 12,100 | 11,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Changes in assets and liabilities excluding effects of acquisitions and noncash transactions: | |||||||||||||||||||||
Claims paid, including assets acquired, net of recoveries | |||||||||||||||||||||
391,000 | 428,400 | 434,000 | 464,000 | 473,500 | 464,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Claims paid, including assets acquired, net of recoveries | 391,000 | 428,400 | 434,000 | 464,000 | 473,500 | 464,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net change in income tax accounts | |||||||||||||||||||||
-45,200 | -143,000 | -130,000 | -120,000 | 8,700 | 13,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net change in income tax accounts | -45,200 | -143,000 | -130,000 | -120,000 | 8,700 | 13,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
(Increase) decrease in accounts and accrued income receivable | |||||||||||||||||||||
-32,500 | -89,600 | -83,000 | -52,000 | -11,100 | 33,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
(Increase) decrease in accounts and accrued income receivable | -32,500 | -89,600 | -83,000 | -52,000 | -11,100 | 33,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Decrease in accounts payable and accrued liabilities | |||||||||||||||||||||
-66,300 | -222,900 | -266,000 | -229,000 | -156,800 | -49,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Decrease in accounts payable and accrued liabilities | -66,300 | -222,900 | -266,000 | -229,000 | -156,800 | -49,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Increase in deferred revenue | |||||||||||||||||||||
-8,600 | -17,200 | -28,000 | -29,000 | -48,100 | -51,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Increase in deferred revenue | -8,600 | -17,200 | -28,000 | -29,000 | -48,100 | -51,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net change in due to CoreLogic, net | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net change in due to CoreLogic, net | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other, net | |||||||||||||||||||||
-13,300 | 1,800 | 35,000 | 13,000 | -1,600 | -14,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other, net | -13,300 | 1,800 | 35,000 | 13,000 | -1,600 | -14,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Cash provided by operating activities | |||||||||||||||||||||
727,100 | 649,400 | 780,000 | 877,000 | 972,600 | 1,034,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cash provided by operating activities | 727,100 | 649,400 | 780,000 | 877,000 | 972,600 | 1,034,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Acquisitions/dispositions, net of cash acquired/divested | |||||||||||||||||||||
92,700 | 273,700 | 278,000 | 404,000 | 386,300 | 196,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Acquisitions/dispositions, net of cash acquired/divested | 92,700 | 273,700 | 278,000 | 404,000 | 386,300 | 196,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net decrease (increase) in deposits with banks | |||||||||||||||||||||
9,900 | -1,000 | -8,000 | -15,000 | -22,200 | -12,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net decrease (increase) in deposits with banks | 9,900 | -1,000 | -8,000 | -15,000 | -22,200 | -12,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Purchases of debt securities | |||||||||||||||||||||
2,476,500 | 2,483,100 | 2,980,000 | 3,153,000 | 4,246,100 | 5,473,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Purchases of debt securities | 2,476,500 | 2,483,100 | 2,980,000 | 3,153,000 | 4,246,100 | 5,473,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Proceeds from sales of debt securities | |||||||||||||||||||||
2,245,600 | 2,219,300 | 1,800,000 | 1,331,000 | 877,400 | 1,205,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from sales of debt securities | 2,245,600 | 2,219,300 | 1,800,000 | 1,331,000 | 877,400 | 1,205,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Purchases of debt and equity securities | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Purchases of debt and equity securities | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Proceeds from sales of debt and equity securities | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from sales of debt and equity securities | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Proceeds from maturities of debt securities | |||||||||||||||||||||
972,200 | 1,013,000 | 1,171,000 | 1,411,000 | 1,676,800 | 1,800,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from maturities of debt securities | 972,200 | 1,013,000 | 1,171,000 | 1,411,000 | 1,676,800 | 1,800,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Purchases of equity securities | |||||||||||||||||||||
191,700 | 169,000 | 157,000 | 199,000 | 224,900 | 201,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Purchases of equity securities | 191,700 | 169,000 | 157,000 | 199,000 | 224,900 | 201,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Proceeds from sales of equity securities | |||||||||||||||||||||
116,600 | 168,900 | 241,000 | 324,000 | 255,800 | 187,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from sales of equity securities | 116,600 | 168,900 | 241,000 | 324,000 | 255,800 | 187,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Investments in unconsolidated entities | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Investments in unconsolidated entities | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net change in other investments | |||||||||||||||||||||
8,600 | 8,700 | 7,000 | 3,000 | -38,000 | -7,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net change in other investments | 8,600 | 8,700 | 7,000 | 3,000 | -38,000 | -7,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net increase in other investments | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net increase in other investments | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Advances under secured financing agreements | |||||||||||||||||||||
12,335,500 | 13,055,700 | 15,658,000 | 19,686,000 | 23,229,700 | 25,024,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Advances under secured financing agreements | 12,335,500 | 13,055,700 | 15,658,000 | 19,686,000 | 23,229,700 | 25,024,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Collections of secured financings receivable | |||||||||||||||||||||
12,124,800 | 13,044,500 | 15,778,000 | 19,867,000 | 23,435,300 | 25,163,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Collections of secured financings receivable | 12,124,800 | 13,044,500 | 15,778,000 | 19,867,000 | 23,435,300 | 25,163,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Proceeds from notes receivable from CoreLogic | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from notes receivable from CoreLogic | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net paydowns on loans receivable | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net paydowns on loans receivable | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Capital expenditures | |||||||||||||||||||||
281,700 | 280,000 | 260,000 | 239,000 | 210,800 | 175,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Capital expenditures | 281,700 | 280,000 | 260,000 | 239,000 | 210,800 | 175,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Proceeds from sales of property and equipment | |||||||||||||||||||||
6,900 | 7,000 | 7,000 | 12,000 | 5,200 | 17,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from sales of property and equipment | 6,900 | 7,000 | 7,000 | 12,000 | 5,200 | 17,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Proceeds from insurance settlement | |||||||||||||||||||||
3,400 | 4,000 | 3,000 | 1,000 | 4,700 | 10,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from insurance settlement | 3,400 | 4,000 | 3,000 | 1,000 | 4,700 | 10,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Cash provided by (used for) investing activities | |||||||||||||||||||||
45,700 | 138,500 | -395,000 | -819,000 | -2,055,800 | -2,720,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cash provided by (used for) investing activities | 45,700 | 138,500 | -395,000 | -819,000 | -2,055,800 | -2,720,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net change in deposits | |||||||||||||||||||||
182,600 | 376,800 | 451,000 | 1,294,000 | 770,100 | 1,192,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net change in deposits | 182,600 | 376,800 | 451,000 | 1,294,000 | 770,100 | 1,192,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Borrowings under secured financing agreements | |||||||||||||||||||||
12,309,800 | 12,913,300 | 15,533,000 | 19,522,000 | 23,122,500 | 24,736,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Borrowings under secured financing agreements | 12,309,800 | 12,913,300 | 15,533,000 | 19,522,000 | 23,122,500 | 24,736,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Repayments of secured financings payable | |||||||||||||||||||||
12,140,200 | 12,956,800 | 15,695,000 | 19,798,000 | 23,322,700 | 24,839,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Repayments of secured financings payable | 12,140,200 | 12,956,800 | 15,695,000 | 19,798,000 | 23,322,700 | 24,839,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Repayment of senior unsecured notes | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Repayment of senior unsecured notes | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Borrowings under unsecured credit facility | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Borrowings under unsecured credit facility | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net proceeds from issuance of notes and contracts payable | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net proceeds from issuance of notes and contracts payable | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Proceeds from issuance of note payable to The First American Corporation ("TFAC") | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from issuance of note payable to The First American Corporation ("TFAC") | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Repayments of other notes and contracts payable | |||||||||||||||||||||
7,200 | 7,200 | 7,000 | 6,000 | 6,300 | 5,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Repayments of other notes and contracts payable | 7,200 | 7,200 | 7,000 | 6,000 | 6,300 | 5,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net activity related to noncontrolling interests | |||||||||||||||||||||
-7,300 | -2,500 | -2,000 | -3,000 | -2,100 | -2,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net activity related to noncontrolling interests | -7,300 | -2,500 | -2,000 | -3,000 | -2,100 | -2,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Repayment of debt to TFAC | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Repayment of debt to TFAC | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Excess tax benefits from share-based compensation | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Excess tax benefits from share-based compensation | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net payments in connection with share-based compensation | |||||||||||||||||||||
7,900 | 8,500 | 2,000 | 4,000 | 3,100 | 1,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net payments in connection with share-based compensation | 7,900 | 8,500 | 2,000 | 4,000 | 3,100 | 1,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Purchase of subsidiary shares from/other decreases in noncontrolling interests | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Purchase of subsidiary shares from/other decreases in noncontrolling interests | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Sale of subsidiary shares to/other increases in noncontrolling interests | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Sale of subsidiary shares to/other increases in noncontrolling interests | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Repurchases of Company shares | |||||||||||||||||||||
151,900 | 363,400 | 441,000 | 427,000 | 368,800 | 142,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Repurchases of Company shares | 151,900 | 363,400 | 441,000 | 427,000 | 368,800 | 142,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Payments of cash dividends | |||||||||||||||||||||
214,700 | 215,100 | 217,000 | 220,000 | 221,700 | 217,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Payments of cash dividends | 214,700 | 215,100 | 217,000 | 220,000 | 221,700 | 217,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Cash provided by financing activities | |||||||||||||||||||||
-271,000 | -496,400 | -376,000 | 366,000 | 616,100 | 1,365,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cash provided by financing activities | -271,000 | -496,400 | -376,000 | 366,000 | 616,100 | 1,365,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Effect of exchange rate changes on cash | |||||||||||||||||||||
- | -11,700 | -13,000 | -16,000 | -11,300 | -700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Effect of exchange rate changes on cash | - | -11,700 | -13,000 | -16,000 | -11,300 | -700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net increase in cash and cash equivalents | |||||||||||||||||||||
501,800 | 279,800 | -4,000 | 408,000 | -478,400 | -321,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net increase in cash and cash equivalents | 501,800 | 279,800 | -4,000 | 408,000 | -478,400 | -321,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Supplemental information: | |||||||||||||||||||||
Interest | |||||||||||||||||||||
108,600 | 94,900 | 87,000 | 81,000 | 70,200 | 71,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Interest | 108,600 | 94,900 | 87,000 | 81,000 | 70,200 | 71,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Premium taxes | |||||||||||||||||||||
90,100 | 99,300 | 113,000 | 113,000 | 109,200 | 101,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Premium taxes | 90,100 | 99,300 | 113,000 | 113,000 | 109,200 | 101,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Income tax refunds | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Income tax refunds | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Income taxes | |||||||||||||||||||||
96,300 | 184,200 | 189,000 | 249,000 | 278,000 | 338,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Income taxes | 96,300 | 184,200 | 189,000 | 249,000 | 278,000 | 338,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Noncash investing and financing activities: | |||||||||||||||||||||
Net noncash contribution from TFAC as a result of Separation | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net noncash contribution from TFAC as a result of Separation | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||