PRINCIPAL FINANCIAL GROUP, INC PFG Cash Flow

Principal financial group, inc (PFG)

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
Operating activities
Net income (loss)
285	315	284	392	452	231	460	459	402	842	813	314	353	338	327	327	369	258	300	264	429	280	252	319	324	250	259	236	190	226	198	178	221	142	74	249	208	181	151	144	203	154	204	164	122
Adjustments to reconcile net income to net cash provided by operating activities:
Net realized capital (gains) losses
-	-	-	-	-	-112	-5	67	-25	-39	676	-95	-16	-43	44	33	136	-41	38	-114	66	-26	-46	86	0	-43	-50	-80	-50	32	87	0	-6	-71	-30	37	-58	-57	-20	-66	-45	-113	-66	-155	-63
Depreciation and amortization expense
-	-	-	-	-	53	50	50	50	50	49	47	48	47	46	47	45	43	66	41	41	46	41	41	40	39	39	40	34	33	32	33	32	32	28	27	31	33	71	29	29	34	35	35	33
Amortization of deferred acquisition costs and contract costs
-	-	-	-	-	117	22	65	73	60	66	54	52	21	92	72	99	47	121	40	61	84	139	68	74	51	34	46	55	67	84	72	-129	48	122	62	37	57	61	77	72	21	34	-48	85
Additions to deferred acquisition costs and contract costs
-	-	-	-	-	112	105	118	107	114	97	105	104	108	92	98	103	100	481	-92	-99	695	-98	-97	-95	-108	-101	-112	-124	-130	-101	-98	-99	-90	-90	-81	-82	37	-119	-124	-123	-121	-107	-109	-143
Stock-based compensation
-	-	-	-	-	17	19	19	21	20	18	21	22	25	18	17	22	17	16	18	31	16	19	17	21	16	15	16	19	13	12	12	25	10	11	11	9	13	10	12	10	10	10	11	5
(Income) loss from equity method investments, net of dividends received
-	-	-	-	-	21	-12	32	34	-4	11	13	48	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in:
Accrued investment income
-	-	-	-	-	-21	32	-8	25	-24	29	-19	44	-32	50	-17	34	-21	68	-32	25	-39	48	-43	8	-39	5	-19	0	-30	24	-33	7	-48	41	-53	9	-44	41	-55	32	-50	46	-88	33
Net cash flows for trading securities and equity securities with operating intent
-	-	-	-	-	4	32	-63	-107	-387	-6	-47	109	140	66	-29	-11	-24	-144	-24	-8	-45	38	-67	-19	-35	-13	94	-122	200	54	74	7	304	-276	17	65	245	-117	209	-148	-26	-139	-36	74
Premiums due and other receivables
-	-	-	-	-	-71	60	-83	57	-44	144	-30	44	-29	-11	66	-124	46	117	60	-11	58	-34	23	-74	88	-0	53	-8	-4	16	14	-97	30	21	36	42	71	-1	20	12	20	50	12	42
Contractholder and policyholder liabilities and dividends
-	-	-	-	-	1,151	1,538	620	300	603	1,389	874	429	545	280	696	617	623	1,114	1,232	314	422	382	485	344	621	531	328	133	475	772	284	521	149	242	316	309	299	416	332	255	341	369	538	281
Current and deferred income taxes (benefits)
-	-	-	-	-	92	51	85	45	-620	362	42	50	-29	-35	53	57	28	-19	-8	-67	-28	90	99	14	36	39	-0	136	48	-11	14	-32	-21	43	-45	41	19	5	-20	37	-62	-21	140	8
Mortgage loans held for sale, acquired or originated
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0	5	20	22	14	27	63	25	18	14	11	15	19	20	10	10
Mortgage loans held for sale, sold or repaid, net of gain
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	34	0	8	0	-	-	-	-	-0	29	36	24	32	20	13	15	18	13	15	13	26	23	13	12
Real estate acquired through operating activities
-	-	-	-	-	9	21	27	30	27	28	15	10	27	9	9	12	11	3	11	18	5	8	14	20	25	27	37	16	20	11	11	2	-	-	-	-	-	-	-	-	-5	8	0	16
Real estate sold through operating activities
-	-	-	-	-	0	85	2	46	0	0	0	0	207	0	20	0	0	1	2	49	12	0	41	104	12	0	1	10	39	2	0	1	4	2	58	76	87	24	6	3	-	-	-	-
Other assets and liabilities
-	-	-	-	-	295	-39	170	-143	-15	-63	18	286	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	9	-21	-23	-0	2	29	4	-19	190	-189	-213	140	-116	-73	64	22	-191	69	48	262	28	208	472	-219	248	56	-5	-258	-178	19	-43	-502	143	38	-684	313	-86	26	-463	510
Net adjustments
-	-	-	-	-	1,210	1,615	432	344	-283	986	991	169	592	474	903	526	795	904	1,221	201	625	567	466	267	572	355	-48	405	480	672	421	680	685	25	340	986	680	293	686	449	293	175	301	827
Net cash provided by (used in) operating activities
1,589	1,028	1,786	1,502	1,176	1,442	2,075	891	746	559	1,799	1,306	522	930	801	1,230	895	1,054	1,205	1,486	630	905	820	786	591	823	614	187	595	707	871	600	901	827	99	590	1,195	862	445	831	653	448	379	465	949
Investing activities
Fixed maturities available-for-sale and equity securities with intent to hold: Purchases
3,190	5,440	2,924	2,885	2,886	2,917	3,627	4,033	3,330	2,945	3,188	2,929	4,307	3,173	3,113	3,918	3,558	2,867	2,224	2,608	2,220	2,458	2,002	1,933	2,659	2,012	2,090	2,474	2,447	1,796	2,555	1,851	2,060	1,563	1,771	1,741	1,666	1,961	1,072	1,925	2,228	1,332	3,632	1,196	1,771
Fixed maturities available-for-sale and equity securities with intent to hold: Sales
582	581	338	1,134	342	912	778	848	1,273	402	157	519	333	752	580	351	205	152	427	415	567	640	485	910	475	292	527	596	503	357	251	266	428	135	85	223	536	310	204	462	707	-330	2,146	857	765
Fixed maturities available-for-sale and equity securities with intent to hold: Maturities
1,984	2,334	1,703	1,477	1,548	1,514	1,411	1,737	1,555	2,166	1,955	2,160	2,460	1,906	2,168	2,051	1,616	1,605	1,384	1,941	1,694	1,745	1,533	1,470	1,495	1,576	1,827	2,164	1,790	1,944	1,600	1,490	1,612	1,410	1,217	1,407	1,725	1,552	1,362	1,417	828	1,422	1,096	1,156	892
Mortgage loans acquired or originated
827	615	864	1,383	625	1,100	1,021	683	643	719	671	891	473	772	918	722	475	617	600	545	511	555	657	637	319	172	241	1,167	610	726	500	391	919	414	470	475	123	609	225	218	219	314	90	88	92
Mortgage loans sold or repaid
581	615	477	861	382	660	473	762	331	574	454	513	329	627	530	431	479	512	400	366	408	473	454	530	335	524	490	524	555	501	350	454	361	523	340	605	323	559	448	339	451	457	385	578	283
Real estate acquired
39	38	40	38	10	34	17	21	14	86	16	6	90	19	23	21	44	66	51	116	87	34	52	11	182	26	12	23	23	37	75	18	21	86	25	11	7	30	5	8	9	12	8	38	3
Real estate sold
-	-	-	-	-	0	0	7	56	24	410	0	47	0	8	12	15	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	0	0
Net purchases of property and equipment
18	34	32	36	29	18	29	17	26	31	29	60	43	45	34	30	44	40	29	34	32	18	24	43	49	36	10	18	-6	3	10	7	17	24	14	14	4	10	2	4	4	5	4	3	13
Purchase of business or interests in subsidiaries, net of cash acquired
-	-	-	-	-	0	43	27	113	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,268	-	-	-	-	-	-	-	-	-	-	-	-	0	0	11	34
Net change in other investments
-14	165	69	40	213	310	-8	-67	68	119	-114	-20	86	-68	21	-24	45	290	-157	126	48	138	67	-54	-69	-62	1	-2	32	114	-47	16	73	-176	244	-84	68	90	-29	33	-12	-9	-10	37	13
Net cash provided by (used in) investing activities
-912	-2,762	-2,582	-852	-1,491	-1,293	-2,067	-1,361	-979	-735	-813	-673	-1,831	-656	-823	-1,820	-1,853	-1,400	-829	-707	-229	-345	-330	338	-835	206	489	-397	-1,525	107	-892	-136	-690	-113	-883	78	715	-278	738	29	-462	-129	-76	1,219	13
Issuance of common stock
9	6	8	16	5	11	7	12	32	19	29	42	70	12	14	1	10	4	41	11	17	7	43	10	16	45	42	17	20	4	13	2	9	2	12	1	9	0	10	0	8	0	-31	1,150	4
Acquisition of treasury stock
231	83	43	0	153	210	65	196	199	2	48	26	142	32	35	104	105	112	112	0	75	0	72	60	89	0	62	0	90	0	69	139	64	100	220	230	5	0	0	0	1	0	0	0	3
Proceeds from financing element derivatives
-	-	-	-	-	-	-	-	-	0	0	0	0	-	-	-	-	0	0	0	0	0	0	0	14	0	32	0	14	0	30	0	20	1	32	23	19	0	39	22	16	0	43	41	36
Payments for financing element derivatives
7	7	6	6	6	12	15	18	19	18	18	20	20	20	24	21	21	21	21	20	19	16	15	12	12	11	12	11	12	11	11	10	16	7	12	13	12	10	13	9	13	9	14	18	25
Excess tax benefits from share-based payment arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	6	0	0	5	0	1	1	13	1	2	0	4	1	1	3	3	1	-0	0	9	0	0	0	1	0	0	0	0	0	0	0	0
Purchase of subsidiary shares from noncontrolling interest
0	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	2	0	11	2	8	4	182	14	25	1	4	16	30	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends to common stockholders
153	152	153	150	150	152	150	148	147	141	135	132	130	123	117	112	110	110	111	112	106	99	99	94	82	76	76	67	67	61	61	53	54	-	-	-	-	-	-	-	-	-	-	-	-
Dividends to preferred stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	8	8	-	-	-	-	-	-	-	-	16	8	0	8	8	8	8	8	8	8	8	8	8	8	8	8
Issuance of long-term debt
-	0	1	496	6	14	25	23	18	-	-	-	-	645	7	0	3	4	3	794	3	2	9	13	14	14	15	5	3	890	593	8	1	-	0	1	0	0	0	0	0	-	-	-	-
Principal repayments of long-term debt
64	31	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	0	32	0	19	0	0	0	100	6	0	211	0	448	0	0	0	7	1	1	1	2	2	3	3	2	444	16	4
Net proceeds from (repayments of) short-term borrowings
24	-1	25	33	0	9	-28	-10	38	-20	14	-17	7	12	13	-97	-59	-	-	-	-0	-97	-20	0	-0	-	-	-	-	12	-236	163	-7	-	-	-	0	-25	-0	-3	31	-7	-51	-373	27
Investment contract deposits
2,725	2,997	2,575	1,755	1,872	2,080	2,031	2,413	1,783	1,910	1,294	4,320	2,629	2,662	1,230	2,901	3,976	2,302	1,467	1,445	1,277	1,454	1,536	1,328	1,319	1,446	2,112	1,737	1,419	2,101	1,912	1,268	1,618	2,234	1,723	1,451	893	1,268	882	1,082	1,051	785	757	794	1,886
Investment contract withdrawals
2,255	1,805	2,141	1,853	1,947	2,228	1,251	1,574	1,535	1,951	1,341	4,317	2,303	2,191	1,130	1,904	3,166	1,692	1,559	1,542	1,871	1,234	2,163	1,949	1,751	1,797	2,284	1,919	2,852	1,396	1,530	1,709	2,885	1,242	1,465	1,697	2,674	2,031	1,648	1,742	1,920	1,881	1,646	2,405	2,819
Net increase (decrease) in banking operation deposits
244	127	413	117	-35	393	33	1	124	56	80	-7	6	59	22	43	4	66	16	21	-13	33	13	23	-39	50	-252	-30	6	17	25	2	-13	-3	18	-8	-25	10	-1	-1	38	-36	12	32	35
Other
0	0	-0	0	5	-3	-3	-2	4	-3	-2	-2	6	-3	3	-3	3	-3	-3	-4	-2	-2	-3	-3	-3	1	-2	-2	-0	-8	-2	-2	-1	-1	-1	-1	-0	-1	-1	-1	-1	-1	-1	-1	-1
Net cash provided by (used in) financing activities
290	1,051	677	407	-403	-98	576	476	98	-148	-197	-161	123	227	-15	703	535	397	-126	33	-813	33	-961	-775	-734	-365	-507	-341	-1,586	1,083	653	-469	-1,393	684	47	-482	-1,804	-975	-742	-662	-801	-1,320	-1,390	-55	-871
Net increase (decrease) in cash and cash equivalents
966	-682	-117	1,056	-717	50	584	6	-135	-324	788	471	-1,184	501	-37	112	-421	50	249	812	-411	593	-471	349	-978	664	596	-550	-2,516	1,898	632	-5	-1,182	1,399	-735	185	106	-391	441	197	-610	-1,000	-1,087	1,628	91
Supplemental disclosure of non-cash activities:
Lease assets established upon adoption of accounting guidance
-	0	0	0	168	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease liabilities established upon adoption of accounting guidance
-	0	0	0	164	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets received in kind from pension risk transfer transactions
909	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-