PRINCIPAL FINANCIAL GROUP, INC PFG Cash Flow

Principal financial group, inc (PFG)

CashFlow / TTM

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)
1,277	1,444	1,360	1,535	1,603	1,553	2,164	2,518	2,373	2,324	1,819	1,334	1,346	1,361	1,281	1,255	1,193	1,253	1,275	1,227	1,281	1,176	1,146	1,152	1,070	936	912	852	794	825	740	616	687	674	714	791	686	680	654	706	726	645	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Net realized capital (gains) losses
-	-	-	-	-	-75	-3	679	515	524	520	-111	17	171	173	167	19	-51	-36	-121	80	14	-2	-6	-173	-225	-149	-10	69	114	9	-108	-71	-122	-108	-98	-202	-190	-245	-291	-380	-398	0	0	0
Depreciation and amortization expense
-	-	-	-	-	205	202	201	198	195	191	188	188	186	183	202	197	193	196	171	170	169	162	160	159	153	147	141	134	132	131	126	121	119	120	164	166	164	165	129	135	138	0	0	0
Amortization of deferred acquisition costs and contract costs
-	-	-	-	-	277	220	265	255	234	194	220	237	285	311	340	308	270	307	325	353	367	333	228	206	187	203	252	279	94	76	114	104	271	280	218	233	268	233	205	79	92	0	0	0
Additions to deferred acquisition costs and contract costs
-	-	-	-	-	443	445	437	424	421	415	410	403	402	394	783	593	390	985	405	400	404	-400	-404	-418	-447	-468	-467	-453	-428	-389	-378	-361	-344	-216	-245	-288	-329	-488	-477	-462	-482	0	0	0
Stock-based compensation
-	-	-	-	-	77	80	79	82	82	87	88	84	84	76	74	75	84	83	86	85	75	75	71	70	68	65	62	58	63	61	59	59	43	46	45	46	47	44	44	42	37	0	0	0
(Income) loss from equity method investments, net of dividends received
-	-	-	-	-	76	49	73	54	68	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in:
Accrued investment income
-	-	-	-	-	28	25	22	10	30	21	42	44	35	46	64	49	39	21	1	-9	-26	-26	-68	-44	-52	-43	-24	-38	-30	-49	-33	-53	-50	-46	-46	-48	-25	-32	-27	-60	-58	0	0	0
Net cash flows for trading securities and equity securities with operating intent
-	-	-	-	-	-133	-525	-564	-548	-332	196	269	287	166	1	-209	-205	-201	-223	-40	-82	-93	-83	-135	27	-76	160	227	206	335	439	109	52	110	51	210	402	188	-83	-104	-350	-127	0	0	0
Premiums due and other receivables
-	-	-	-	-	-37	-10	74	127	114	128	-27	69	-98	-22	105	99	211	223	72	35	-26	3	36	66	131	38	56	18	-70	-35	-30	-9	130	171	148	132	102	51	103	96	126	0	0	0
Contractholder and policyholder liabilities and dividends
-	-	-	-	-	3,610	3,062	2,912	3,167	3,296	3,239	2,130	1,953	2,140	2,217	3,051	3,586	3,283	3,082	2,350	1,604	1,634	1,833	1,982	1,825	1,614	1,468	1,710	1,665	2,054	1,727	1,198	1,230	1,017	1,168	1,341	1,357	1,303	1,345	1,299	1,504	1,530	0	0	0
Current and deferred income taxes (benefits)
-	-	-	-	-	274	-438	-126	-168	-164	426	28	39	45	104	119	58	-66	-123	-13	94	175	240	189	89	211	223	173	187	18	-51	3	-55	17	58	20	44	41	-40	-66	95	65	0	0	0
Mortgage loans held for sale, acquired or originated
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	48	63	85	128	132	135	122	70	60	61	67	66	61	0	0	0
Mortgage loans held for sale, sold or repaid, net of gain
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	43	0	0	0	-	-	-	-	90	122	113	90	82	68	61	63	61	68	78	76	75	0	0	0
Real estate acquired through operating activities
-	-	-	-	-	89	106	113	102	82	82	62	56	58	42	36	38	44	38	43	46	49	69	88	111	107	102	86	60	46	0	0	0	-	-	-	-	-	-	-	-	19	0	0	0
Real estate sold through operating activities
-	-	-	-	-	133	133	49	47	1	208	208	229	229	21	23	4	53	66	64	103	158	158	158	118	24	52	53	52	43	8	8	66	141	225	247	195	121	0	0	0	-	-	-	-
Other assets and liabilities
-	-	-	-	-	282	-28	-51	-203	227	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-35	-42	8	36	17	204	-14	-232	-72	-378	-262	15	-102	-177	-34	-50	189	409	548	972	490	710	558	80	42	-385	-423	-460	-705	-383	-364	-1,005	-190	-419	-431	-210	-12	0	0	0
Net adjustments
-	-	-	-	-	3,602	2,108	1,479	2,038	1,863	2,739	2,227	2,139	2,496	2,699	3,129	3,448	3,123	2,953	2,615	1,861	1,926	1,874	1,662	1,146	1,285	1,192	1,510	1,980	2,255	2,460	1,813	1,732	2,038	2,033	2,301	2,648	2,110	1,724	1,605	1,219	1,597	0	0	0
Net cash provided by (used in) operating activities
5,905	5,493	5,907	6,196	5,586	5,156	4,273	3,997	4,411	4,188	4,559	3,561	3,485	3,857	3,981	4,385	4,641	4,377	4,228	3,843	3,142	3,102	3,020	2,814	2,216	2,221	2,105	2,362	2,775	3,080	3,201	2,429	2,419	2,713	2,747	3,092	3,334	2,791	2,378	2,312	1,946	2,243	0	0	0
Investing activities
Fixed maturities available-for-sale and equity securities with intent to hold: Purchases
14,440	14,137	11,613	12,317	13,465	13,909	13,938	13,499	12,395	13,371	13,599	13,523	14,512	13,763	13,457	12,568	11,258	9,920	9,510	9,289	8,614	9,054	8,608	8,696	9,237	9,025	8,808	9,273	8,650	8,263	8,030	7,246	7,136	6,742	7,140	6,441	6,625	7,187	6,559	9,119	8,389	7,933	0	0	0
Fixed maturities available-for-sale and equity securities with intent to hold: Sales
2,637	2,397	2,728	3,168	2,882	3,813	3,302	2,682	2,353	1,413	1,763	2,186	2,018	1,890	1,290	1,137	1,201	1,563	2,051	2,109	2,604	2,512	2,163	2,205	1,891	1,919	1,983	1,708	1,378	1,303	1,081	916	872	980	1,156	1,274	1,513	1,684	1,043	2,986	3,381	3,439	0	0	0
Fixed maturities available-for-sale and equity securities with intent to hold: Maturities
7,499	7,064	6,243	5,951	6,211	6,217	6,869	7,413	7,837	8,743	8,484	8,696	8,587	7,742	7,441	6,657	6,547	6,625	6,765	6,914	6,443	6,244	6,075	6,369	7,064	7,359	7,728	7,500	6,826	6,647	6,113	5,729	5,647	5,760	5,903	6,048	6,058	5,161	5,030	4,764	4,503	4,568	0	0	0
Mortgage loans acquired or originated
3,689	3,487	3,972	4,129	3,429	3,447	3,066	2,716	2,925	2,755	2,809	3,056	2,886	2,889	2,733	2,416	2,239	2,275	2,213	2,269	2,361	2,169	1,787	1,371	1,901	2,192	2,746	3,005	2,229	2,538	2,226	2,196	2,280	1,484	1,680	1,434	1,176	1,272	977	842	712	586	0	0	0
Mortgage loans sold or repaid
2,535	2,335	2,381	2,378	2,279	2,228	2,142	2,122	1,874	1,872	1,925	2,001	1,918	2,068	1,952	1,822	1,757	1,687	1,649	1,703	1,867	1,793	1,844	1,880	1,874	2,095	2,072	1,931	1,862	1,668	1,690	1,680	1,830	1,793	1,828	1,936	1,670	1,798	1,695	1,632	1,872	1,704	0	0	0
Real estate acquired
156	127	123	100	83	88	140	140	124	200	133	140	156	109	156	184	278	322	290	291	187	281	273	232	244	85	96	158	153	151	200	151	144	129	73	53	51	53	35	38	68	62	0	0	0
Real estate sold
-	-	-	-	-	63	88	498	491	481	457	55	67	35	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Net purchases of property and equipment
121	132	117	114	95	92	104	104	147	164	179	184	154	154	149	143	147	136	114	110	119	136	154	140	115	59	26	26	14	38	59	63	70	56	42	31	21	21	17	18	17	26	0	0	0
Purchase of business or interests in subsidiaries, net of cash acquired
-	-	-	-	-	184	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,268	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	45	0	0	0
Net change in other investments
261	489	634	555	447	302	111	5	52	70	-116	19	14	-26	333	154	305	307	155	380	199	81	-119	-185	-133	-31	145	96	115	157	-133	158	57	52	318	44	161	81	-17	2	6	31	0	0	0
Net cash provided by (used in) investing activities
-7,110	-7,688	-6,220	-5,705	-6,213	-5,702	-5,143	-3,890	-3,201	-4,052	-3,974	-3,984	-5,131	-5,153	-5,898	-5,904	-4,791	-3,167	-2,112	-1,613	-566	-1,172	-620	199	-536	-1,226	-1,324	-2,707	-2,446	-1,611	-1,832	-1,822	-1,608	-202	-367	1,254	1,205	27	176	-639	551	1,026	0	0	0
Issuance of common stock
40	37	42	41	37	64	71	93	124	162	155	139	98	37	30	57	68	76	79	81	79	77	115	114	121	125	84	55	40	28	27	26	25	25	23	22	21	20	20	-22	1,127	1,123	0	0	0
Acquisition of treasury stock
359	281	407	428	625	671	463	447	277	220	250	236	314	277	357	434	330	300	188	148	209	222	222	212	151	153	153	160	299	272	372	523	614	556	456	236	6	2	2	2	2	4	0	0	0
Proceeds from financing element derivatives
-	-	-	-	-	-	-	-	-	0	0	0	0	-	-	-	-	0	0	0	0	15	15	47	47	47	46	45	45	51	52	54	76	75	75	82	82	79	79	83	101	122	0	0	0
Payments for financing element derivatives
27	26	31	41	53	65	71	74	76	77	79	85	87	87	88	85	84	82	77	71	64	58	52	49	48	48	48	47	46	49	46	47	50	46	48	49	45	46	45	46	55	67	0	0	0
Excess tax benefits from share-based payment arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	12	6	7	7	15	16	18	17	9	10	9	11	10	9	6	4	10	9	10	10	2	2	2	2	1	0	0	0	0	0	0	0
Purchase of subsidiary shares from noncontrolling interest
0	-	-	-	-	-	-	-	-	-	-	-	-	2	2	13	16	22	27	197	210	227	223	45	47	52	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends to common stockholders
609	606	605	603	601	598	588	573	557	540	522	504	484	464	451	445	445	441	430	418	400	376	353	330	303	288	273	258	244	231	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Dividends to preferred stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16	0	0	0	-	-	-	-	-	-	-	-	33	24	24	33	33	33	33	33	33	33	33	33	33	0	0	0
Issuance of long-term debt
-	504	518	542	69	80	0	0	0	-	-	-	-	656	15	11	805	804	802	808	27	38	50	56	48	38	914	1,493	1,495	1,493	0	0	0	-	3	3	2	2	0	0	0	-	-	-	-
Principal repayments of long-term debt
96	32	1	1	1	1	0	0	0	-	-	-	-	-	-	-	-	52	52	20	20	100	106	106	317	218	660	661	450	450	10	10	11	12	6	7	9	11	11	452	466	468	0	0	0
Net proceeds from (repayments of) short-term borrowings
82	57	67	14	-29	8	-21	21	14	-15	16	15	-63	-131	0	0	0	-	-	-	-118	-118	0	0	0	-	-	-	-	-68	0	0	0	-	-	-	-29	1	19	-31	-401	-405	0	0	0
Investment contract deposits
10,053	9,200	8,282	7,739	8,398	8,308	8,138	7,401	9,308	10,154	10,906	10,842	9,423	10,770	10,410	10,647	9,190	6,492	5,644	5,713	5,596	5,638	5,630	6,207	6,616	6,716	7,371	7,171	6,701	6,900	7,033	6,844	7,027	6,302	5,335	4,495	4,126	4,283	3,801	3,676	3,388	4,224	0	0	0
Investment contract withdrawals
8,055	7,747	8,170	7,280	7,001	6,589	6,313	6,403	9,146	9,914	10,154	9,943	7,530	8,392	7,893	8,323	7,961	6,666	6,209	6,812	7,219	7,099	7,661	7,782	7,752	8,852	8,452	7,698	7,488	7,522	7,368	7,303	7,290	7,079	7,868	8,051	8,096	7,343	7,193	7,191	7,854	8,752	0	0	0
Net increase (decrease) in banking operation deposits
903	623	889	509	393	553	216	263	253	136	139	81	131	129	135	130	108	91	57	54	56	30	48	-217	-271	-225	-259	18	52	32	11	4	-6	-18	-5	-24	-18	46	-0	12	47	43	0	0	0
Other
0	5	2	-0	-3	-4	-4	-4	-4	-2	-2	4	3	0	-0	-7	-8	-14	-13	-13	-11	-12	-8	-8	-7	-5	-15	-14	-13	-14	-7	-6	-5	-4	-4	-4	-4	-4	-4	-4	-5	-5	0	0	0
Net cash provided by (used in) financing activities
2,427	1,733	583	482	551	1,052	1,002	228	-408	-384	-8	173	1,038	1,450	1,621	1,510	840	-508	-872	-1,707	-2,516	-2,438	-2,836	-2,382	-1,948	-2,800	-1,352	-191	-319	-126	-524	-1,130	-1,143	-1,554	-3,214	-4,005	-4,184	-3,182	-3,527	-4,174	-3,567	-3,637	0	0	0
Net increase (decrease) in cash and cash equivalents
1,223	-461	271	973	-76	506	131	335	801	-248	576	-249	-608	154	-296	-9	690	700	1,243	522	58	-507	-436	631	-268	-1,805	-571	-536	9	1,343	844	-523	-332	956	-834	342	354	-363	-972	-2,501	-1,069	-367	0	0	0
Supplemental disclosure of non-cash activities:
Lease assets established upon adoption of accounting guidance
-	168	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease liabilities established upon adoption of accounting guidance
-	164	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets received in kind from pension risk transfer transactions
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-