REINSURANCE GROUP OF AMERICA, INCORPORATED RZB Cash Flow

Reinsurance group of america, incorporated (RZB)

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
Cash Flows from Operating Activities:
Net Income (Loss) Attributable to Parent
612	870	745	783	785	716	1,822	1,748	1,776	1,822	795	766	770	701	674	559	453	502	530	604	672	684	637	617	369	418	496	503	694	631	547	537	520	546	565	559	562	535	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Change in operating assets and liabilities:
Accrued investment income
20	4	56	7	-6	-7	-43	6	42	43	23	18	4	18	60	56	44	48	6	17	63	0	48	44	5	69	14	9	13	12	13	24	19	17	14	10	11	18	0	0	0
Premiums receivable and other reinsurance balances
52	-110	62	334	324	764	445	461	567	347	574	288	159	156	216	392	345	313	163	52	140	136	261	205	194	106	101	242	150	285	99	197	231	83	99	-73	-16	111	0	0	0
Deferred policy acquisition costs
268	198	260	242	138	107	-110	-138	-108	-154	-113	-72	-169	-31	38	77	148	66	126	58	-39	-101	-187	-119	-80	-58	-61	-102	-43	65	251	366	389	241	-46	-85	-84	-61	0	0	0
Reinsurance ceded receivable balances
74	178	95	61	-22	-66	-33	-22	64	124	95	120	65	53	46	-43	16	11	13	48	29	-39	-22	30	-38	-62	-52	-70	-4	-5	-103	-154	-210	-143	-63	59	76	53	0	0	0
Future policy benefits, other policy claims and benefits, and other reinsurance balances
3,468	1,537	1,846	1,731	1,246	1,593	1,259	1,173	1,391	1,321	1,313	1,175	831	810	1,752	1,893	1,991	1,867	1,483	1,397	1,484	1,625	1,160	1,205	1,547	1,429	1,391	1,842	1,512	1,792	1,708	1,393	1,297	970	864	736	753	1,580	0	0	0
Deferred income taxes
105	211	285	121	82	77	-1,091	-940	-863	-847	363	334	320	293	186	173	159	148	255	136	142	170	-1	273	255	230	573	272	176	198	11	205	186	168	468	277	381	425	0	0	0
Other assets and other liabilities, net
-163	-113	368	186	228	163	-115	-207	-211	-242	49	118	91	98	11	141	79	55	166	9	-18	17	-240	-12	204	186	556	265	56	37	-167	83	72	104	338	21	183	253	0	0	0
Amortization of net investment premiums, discounts and other
50	55	46	65	42	57	64	83	112	105	133	98	101	93	71	81	71	77	83	89	98	102	105	103	98	95	92	58	71	83	134	174	180	172	139	147	154	144	0	0	0
Depreciation, Depletion and Amortization
42	49	46	45	45	45	63	60	56	53	28	27	27	26	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Investments
-202	91	-69	-138	-161	-170	-2	40	107	168	149	213	275	94	39	-158	-293	-164	-159	-25	109	186	223	124	54	63	176	329	304	254	95	-119	-116	-36	86	208	204	212	0	0	0
Gain on repurchase of collateral finance notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	46	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Gains Losses On Extinguishment Of Collateral Finance Securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Excess tax benefits from share-based payment arrangement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3	-2	1	3	3	3	2	0	0	0	2	3	4	0	-0	-1	-2	0	0	0
Other, net
-46	57	-140	-43	-80	2	-128	-91	-2	-24	39	-9	-94	-117	-50	42	84	49	-95	-127	-177	-140	-103	-109	-41	-99	-113	-124	-204	-85	-243	-231	-148	-134	0	0	0	-	-	-	0
Net cash provided by operating activities
4,174	2,307	2,244	1,967	1,697	1,581	1,977	1,909	1,788	1,982	1,550	1,527	1,514	1,465	2,230	2,077	2,140	2,088	1,976	2,034	2,111	2,336	1,714	1,829	1,773	1,727	1,696	1,961	1,914	1,974	2,004	1,589	1,488	1,309	1,346	1,345	1,270	1,842	0	0	0
Cash Flows from Investing Activities:
Sales of fixed maturity securities available-for-sale
0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	4,365	4,309	4,161	4,487	3,418	3,629	4,332	5,603	6,213	5,465	4,797	3,133	2,301	3,165	3,124	3,620	3,429	3,319	0	0	0
Maturities of fixed maturity securities available-for-sale
994	907	779	737	627	627	664	603	583	589	508	512	557	472	447	480	461	439	528	533	522	539	389	331	231	155	141	104	145	145	145	158	169	218	238	241	212	150	0	0	0
Proceeds from Sale of Available-for-sale Securities, Equity
275	98	36	16	16	46	59	69	84	207	295	468	546	434	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments to Acquire Mortgage Notes Receivable
1,120	1,216	1,333	1,240	1,028	1,019	884	877	950	964	987	1,012	1,145	1,092	1,891	1,520	738	810	840	602	652	721	-196	321	533	613	608	511	495	491	442	389	255	209	152	115	148	132	0	0	0
Payments to Fund Policy Loans
0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	35	52	150	-3,198	-814	103	-47	3,302	917	0	50	56	58	58	0	0	0	-	-	-	-	95	0	0	0
Proceeds from Collection of Policy Loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	45	33	23	29	9	8	7	3	0	0	0
Principal payments on policy loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,496	4,011	4,294	4,823	4,437	4,854	0	0	0
Payments to Acquire Available-for-sale Securities
0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	7,235	6,129	5,683	2,078	3,383	4,766	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Payments to Acquire Available-for-sale Securities, Equity
324	312	77	57	13	13	32	60	68	81	121	208	578	584	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Sale and Collection of Mortgage Notes Receivable
189	490	463	397	346	445	422	418	383	340	273	283	563	442	1,448	1,209	350	383	273	1	260	479	-351	188	286	391	350	277	204	173	117	119	103	92	71	36	35	29	0	0	0
Payments for (Proceeds from) Policy Loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (Decrease) in Funds Held under Reinsurance Agreements
40	60	43	65	110	54	72	58	0	23	13	11	30	32	306	309	311	339	82	-121	-17	86	86	296	196	90	96	107	104	107	95	87	71	37	37	40	42	103	0	0	0
Payments to Acquire Businesses, Net of Cash Acquired
0	-4	-3	-0	3	32	31	29	24	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments to Acquire Property, Plant, and Equipment
29	34	32	31	34	29	31	90	32	44	77	12	61	44	-0	0	2	23	38	68	109	88	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in short-term investments
-116	-199	-248	-206	-167	-129	-21	-19	-15	-52	-112	-138	-364	-465	86	142	349	470	20	33	-21	-38	4	9	-57	-138	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Change in other invested assets
303	304	245	364	438	365	383	227	131	122	71	145	84	97	130	7	-50	-91	124	182	148	2	-21	-63	32	209	-46	280	298	216	263	-14	32	122	144	203	59	37	0	0	0
Net cash (used in) provided by investing activities
-3,827	-2,638	-1,648	-1,300	-620	-637	-520	-818	-1,420	-1,608	-1,634	-1,657	-2,227	-2,825	-3,494	-3,016	-1,637	-1,431	-979	-1,688	-1,670	-1,310	-1,337	-1,022	-1,094	-1,335	-1,455	-1,591	-1,844	-1,967	-1,193	-1,193	-1,289	-905	-1,249	-1,340	-1,069	-1,720	0	0	0
Cash Flows from Financing Activities:
Dividends to stockholders
169	163	156	150	145	140	134	128	122	117	111	105	102	100	98	96	94	93	91	89	88	87	85	84	81	77	74	70	66	61	57	53	48	44	39	35	35	35	0	0	0
Proceeds from (Repayments of) Secured Debt
-81	-91	-97	-95	-97	-96	-86	-97	-78	-68	-60	-52	-74	-64	-60	-37	-19	-19	-19	-17	-7	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of Short-term Debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from long-term debt issuance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	397	0	0	0	-	-	-	-
Net change in short-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	8	12	12	3	4	5	5	5	4	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of Long-term Debt
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	0	0	-	0	0	0	-	0	0	0
Proceeds from redemption and remarketing of trust preferred securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	154	0	0	0	-	-	-	-
Net repayments under credit agreements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Net borrowing under credit facilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Retirement of preferred income equity redeemable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Purchases of treasury stock
208	101	124	202	346	300	276	198	43	44	42	12	20	122	172	242	275	384	333	284	329	201	201	214	308	269	269	234	50	6	6	47	48	380	380	340	335	0	0	0	0
Excess tax benefits from share-based payment arrangement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3	-2	1	3	3	3	2	0	0	0	2	3	4	0	-0	-1	-2	0	0	0
Exercise of stock options, net
5	6	4	4	3	3	4	5	6	7	8	12	13	15	10	3	8	11	4	12	8	9	36	26	33	28	2	9	-2	-3	1	-9	12	6	2	9	-9	2	0	0	0
Change in cash collateral for derivative positions and other arrangements
-67	-163	-1	-53	-20	44	-40	-40	-41	-65	-44	-37	-17	26	16	140	61	52	139	83	163	162	78	6	-55	-73	-138	-149	-20	-132	5	208	136	231	68	-38	9	26	0	0	0
Deposits on universal life and other investment type policies and contracts
1,927	1,309	861	894	825	864	331	326	898	1,018	1,174	1,445	811	1,041	947	658	643	277	271	232	180	150	165	213	220	201	488	418	437	457	128	158	391	367	322	331	72	124	0	0	0
Withdrawals on universal life and other investment type policies and contracts
1,102	1,109	746	754	732	694	703	679	706	752	710	722	689	529	541	556	556	711	712	670	662	681	745	747	781	770	665	691	509	365	272	65	91	142	179	204	187	308	0	0	0
Net cash (used in) provided by financing activities
496	-121	330	232	-516	-322	-908	-815	-91	-324	-89	224	410	1,055	890	661	-70	-708	-287	-295	-394	-255	-654	-420	-530	-681	-378	-314	70	281	-26	-129	211	101	72	104	-284	-193	0	0	0
Effect of exchange rate changes on cash
-43	11	-21	-9	-50	-36	-22	-0	56	53	-1	-5	-21	-19	6	-23	-13	-68	-80	-92	-90	-47	-27	17	-23	-47	-42	-39	-13	8	16	-20	-4	-6	-0	43	26	22	0	0	0
Cash and Cash Equivalents, Period Increase (Decrease)
800	-441	904	889	509	586	526	274	332	103	-175	89	-323	-324	-367	-301	418	-120	628	-42	-43	722	-304	404	125	-336	-180	16	127	297	801	246	406	499	168	153	-57	-48	0	0	0
Supplemental disclosures of cash flow information:
Interest paid
179	180	169	171	170	170	168	167	165	173	171	178	174	156	158	141	147	148	146	143	140	136	135	125	125	116	99	110	92	100	119	102	112	100	92	94	96	95	0	0	0
Income Taxes Paid, Net
10	44	56	105	138	142	109	69	31	37	41	43	60	61	75	104	112	41	46	24	2	70	48	32	110	110	116	161	91	97	100	64	66	129	79	82	63	10	0	0	0
Transfer to Investments
5,554	6,275	7,070	7,452	4,751	4,636	4,802	1,647	3,889	3,286	2,364	2,362	121	120	1,754	2,094	2,093	2,092	2,343	421	2,001	2,001	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital Expenditures Incurred but Not yet Paid
0	1	0	1	1	0	0	0	0	-	-	-	-	-	-	-	-	0	25	26	28	24	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncash or Part Noncash Acquisition, Value of Assets Acquired
0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Noncash or Part Noncash Acquisition, Value of Liabilities Assumed
0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments to Acquire Businesses, Gross
0	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-