Principal financial group, inc (PFG)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Operating activities
Net income (loss)

1,444

1,553

2,324

1,361

1,253

1,176

936

825

674

680

645

465

884

Adjustments to reconcile net income to net cash provided by operating activities:
Net realized capital (gains) losses

-52

-75

524

171

-51

14

-225

114

-122

-190

-398

-694

-328

Depreciation and amortization expense

226

205

195

186

193

169

153

132

119

164

138

145

130

Amortization of deferred acquisition costs and contract costs

371

277

234

285

270

367

187

94

271

268

92

373

357

Additions to deferred acquisition costs and contract costs

515

443

421

402

390

404

-447

-428

-344

-329

-482

-680

-606

Income from discontinued operations, net of related income taxes

-

-

-

-

-

-

-

-

-

-

-

-

20

Stock-based compensation

82

77

82

84

84

75

68

63

43

47

37

31

72

(Income) loss from equity method investments, net of dividends received

111

76

68

0

-97

-

-

-

-

-

-

-

-

Changes in:
Accrued investment income

50

28

30

35

39

-26

-52

-30

-50

-25

-58

-23

52

Net cash flows for trading securities and equity securities with operating intent

-53

-133

-332

166

-201

-93

-76

335

110

188

-127

-348

-258

Premiums due and other receivables

247

-37

114

-98

211

-26

131

-70

130

102

126

39

-191

Contractholder and policyholder liabilities and dividends

3,599

3,610

3,296

2,140

3,283

1,634

1,614

2,054

1,017

1,303

1,530

2,394

2,276

Current and deferred income taxes (benefits)

211

274

-164

45

-66

175

211

18

17

41

65

-219

-70

Mortgage loans held for sale, acquired or originated

-

-

-

-

-

-

-

48

132

60

61

92

83

Mortgage loans held for sale, sold or repaid, net of gain

-

-

-

-

-

43

0

90

82

61

75

73

166

Real estate acquired through operating activities

64

89

82

58

44

49

107

46

37

-

19

77

48

Real estate sold through operating activities

136

133

1

229

53

158

24

43

141

121

5

24

43

Other assets and liabilities

-401

282

227

1

-145

-

-

-

-

-

-

-

-

Other

11

-35

17

-72

-102

189

490

42

-705

-190

-12

-544

-353

Net adjustments

4,049

3,602

1,863

2,496

3,123

1,926

1,285

2,255

2,038

2,110

1,597

1,759

2,075

Net cash provided by (used in) operating activities

5,493

5,156

4,188

3,857

4,377

3,102

2,221

3,080

2,713

2,791

2,243

2,224

2,960

Investing activities
Fixed maturities available-for-sale and equity securities with intent to hold: Purchases

14,137

13,909

13,371

13,763

9,920

9,054

9,025

8,263

6,742

7,187

7,933

6,605

10,520

Fixed maturities available-for-sale and equity securities with intent to hold: Sales

2,397

3,813

1,413

1,890

1,563

2,512

1,919

1,303

980

1,684

3,439

1,270

3,039

Fixed maturities available-for-sale and equity securities with intent to hold: Maturities

7,064

6,217

8,743

7,742

6,625

6,244

7,359

6,647

5,760

5,161

4,568

3,280

4,461

Mortgage loans acquired or originated

3,487

3,447

2,755

2,889

2,275

2,169

2,192

2,538

1,484

1,272

586

3,484

3,108

Mortgage loans sold or repaid

2,335

2,228

1,872

2,068

1,687

1,793

2,095

1,668

1,793

1,798

1,704

2,902

2,112

Real estate acquired

127

88

200

109

322

281

85

151

129

53

62

33

115

Real estate sold

96

63

481

35

208

-

-

-

-

-

-

70

53

Net purchases of property and equipment

132

92

164

154

136

136

59

38

56

21

26

105

98

Purchase of business or interests in subsidiaries, net of cash acquired

1,208

184

-

-

291

-

1,268

80

270

-

45

20

76

Net change in other investments

489

302

70

-26

307

81

-31

157

52

81

31

191

248

Net cash provided by (used in) investing activities

-7,688

-5,702

-4,052

-5,153

-3,167

-1,172

-1,226

-1,611

-202

27

1,026

-2,917

-4,499

Issuance of common stock

37

64

162

37

76

77

125

28

25

20

1,123

36

73

Acquisition of treasury stock

281

671

220

277

300

222

153

272

556

2

4

6

756

Proceeds from financing element derivatives

-

-

0

0

0

15

47

51

75

79

122

142

128

Payments for financing element derivatives

26

65

77

87

82

58

48

49

46

46

67

114

137

Excess tax benefits from share-based payment arrangements

-

-

-

12

15

9

10

10

2

1

0

3

10

Purchase of subsidiary shares from noncontrolling interest

1

31

13

2

22

227

52

-

-

-

-

-

-

Sale of subsidiary shares to noncontrolling interest

-

-

-

-

-

-

31

-

-

-

-

-

-

Dividends to common stockholders

606

598

540

464

441

376

288

231

213

176

159

116

235

Dividends to preferred stockholders

-

-

-

-

16

33

33

33

33

33

33

33

41

Preferred stock redemption

-

-

-

-

550

-

-

-

-

-

-

-

-

Issuance of long-term debt

504

80

2

656

804

38

38

1,493

-

2

745

7

0

Principal repayments of long-term debt

32

1

56

799

52

100

218

450

12

11

468

83

115

Net proceeds from (repayments of) short-term borrowings

57

8

-15

-131

157

-118

108

-68

3

1

-405

217

203

Investment contract deposits

9,200

8,308

10,154

10,770

6,492

5,638

6,716

6,900

6,302

4,283

4,224

11,349

9,958

Investment contract withdrawals

7,747

6,589

9,914

8,392

6,666

7,099

8,852

7,522

7,079

7,343

8,752

9,813

8,209

Net increase (decrease) in banking operation deposits

623

553

136

129

91

30

-225

32

-18

46

43

373

417

Other

5

-4

-2

0

-14

-12

-5

-14

-4

-4

-5

-5

-5

Net cash provided by (used in) financing activities

1,733

1,052

-384

1,450

-508

-2,438

-2,800

-126

-1,554

-3,182

-3,637

1,956

1,292

Net increase (decrease) in cash and cash equivalents

-461

506

-248

154

700

-507

-1,805

1,343

956

-363

-367

1,263

-246

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

2

Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-1

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-0

Net cash provided by discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

0

Supplemental information:
Cash paid for interest

157

150

148

162

149

137

144

127

154

123

129

111

115

Cash paid for (received from) income taxes

-8

-96

79

178

129

73

61

82

152

55

75

206

245

Supplemental disclosure of non-cash activities:
Lease assets established upon adoption of accounting guidance

168

-

-

-

-

-

-

-

-

-

-

-

-

Lease liabilities established upon adoption of accounting guidance

164

-

-

-

-

-

-

-

-

-

-

-

-

Assets received in kind from pension risk transfer transactions

1,225

-

-

594

-

-

-

-

-

-

-

-

-

Asset and liability changes resulting from exchange agreement to exit real estate joint ventures:
Real estate properties received

-

-

743

-

-

-

-

-

-

-

-

-

-

Long-term debt assumed on real estate properties received

-

-

269

-

-

-

-

-

-

-

-

-

-

Increase in other investments due to discontinuing equity method accounting

-

-

222

-

-

-

-

-

-

-

-

-

-