Travelers Companies, Inc. TRV Cash Flow

Travelers companies, inc. (TRV)

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
Cash flows from operating activities
Net income
600	873	396	557	796	621	709	524	669	551	293	595	617	943	716	664	691	866	928	812	833	1,038	919	683	1,052	988	864	925	896	304	864	499	806	618	333	-364	839	894	1,005	670	647	1,285	935	740	662
Net realized investment (gains) losses
-98	12	23	25	53	60	29	36	-11	70	61	80	5	35	23	19	-9	-32	15	10	10	22	40	16	1	11	-22	167	10	39	-2	4	10	14	2	19	20	44	226	-31	25	189	29	13	-214
Depreciation and amortization
203	182	180	190	211	194	198	199	212	202	202	198	211	202	211	200	213	198	191	204	225	211	211	215	227	225	207	216	219	209	206	196	216	203	194	197	208	204	197	195	216	195	187	209	206
Deferred federal income tax expense
6	-23	-20	-22	32	30	27	-14	-56	249	-18	-45	151	81	-46	-30	105	12	-37	9	133	28	-38	-22	153	35	-19	20	131	2	96	6	119	-96	22	-16	153	29	98	-25	76	167	77	-53	22
Amortization of deferred acquisition costs
1,178	1,181	1,169	1,134	1,117	1,122	1,117	1,081	1,061	1,072	1,059	1,032	1,003	1,013	1,012	989	971	972	987	963	963	983	984	965	950	970	953	950	948	977	986	976	971	976	982	970	948	957	966	950	929	949	967	953	944
Equity in income from other investments
67	55	64	98	34	81	115	74	95	97	90	101	109	118	70	27	17	4	80	91	43	74	155	118	139	110	72	101	74	71	43	114	114	2	48	109	122	122	45	71	45	85	41	-58	-194
Premiums receivable
326	-227	-168	345	434	-115	-152	263	397	-123	-92	323	286	-54	-227	174	393	-115	-186	228	258	-127	-129	274	189	-296	-161	248	155	-169	-161	317	151	-202	-103	375	167	-199	-154	285	97	-276	-282	150	44
Reinsurance recoverables
15	55	-61	-53	-98	79	50	-24	-5	-35	176	-63	-94	-362	68	-190	-126	-25	16	-194	-69	3	-197	-100	-106	-182	-355	-357	-390	473	-174	-257	-495	-563	-21	-7	-218	-549	-226	-442	-86	-523	-355	-371	-167
Deferred acquisition costs
1,215	1,128	1,211	1,223	1,185	1,063	1,141	1,160	1,124	1,020	1,080	1,092	1,065	965	1,034	1,048	1,014	922	1,007	1,004	987	933	1,004	1,003	986	897	950	958	954	909	1,005	1,016	984	893	1,015	1,009	964	898	998	991	939	882	970	997	948
Claims and claim adjustment expense reserves
388	120	598	331	-2	366	445	255	180	-101	1,063	164	334	-118	248	-613	226	-201	-48	-265	-561	-406	-238	149	-209	-3,741	556	377	751	656	-597	-95	-504	-586	-149	1,140	-251	-859	-420	-468	-224	-797	-448	22	-373
Unearned premium reserves
414	-342	392	407	551	-385	216	361	518	-331	163	214	475	-353	194	203	328	-294	180	177	185	-306	144	141	94	-456	138	158	187	-383	160	229	117	-424	217	220	175	-355	148	184	86	-348	25	163	64
Other operating activities
-636	444	355	194	-458	168	205	247	-430	50	284	281	-572	340	403	108	-395	-39	530	-85	-350	-118	731	-195	-355	78	534	-53	-297	22	497	-166	-147	112	259	-374	-384	108	236	-112	-179	-67	75	-327	-295
Net cash provided by operating activities
628	1,412	2,001	1,153	639	948	1,734	1,144	554	663	1,731	906	848	1,406	1,770	443	850	760	1,799	676	199	525	1,840	625	703	927	1,637	722	530	464	1,501	451	814	351	917	268	633	662	1,341	520	531	1,027	1,415	976	813
Cash flows from investing activities
Proceeds from maturities of fixed maturities
1,461	1,950	1,857	1,482	1,556	1,431	1,998	1,707	1,950	2,169	2,281	2,082	2,218	2,327	2,875	2,025	1,748	2,311	3,491	2,484	2,830	2,919	3,060	2,603	2,312	1,987	2,016	1,778	2,123	2,514	1,688	2,552	1,615	2,163	2,007	1,385	1,849	2,015	1,403	1,249	1,229	1,547	1,380	1,179	1,210
Proceeds from sales of investments:
Proceeds from Sale of Debt Securities, Available-for-sale
388	386	306	726	769	361	578	1,522	1,085	994	297	375	188	555	126	318	421	395	329	320	906	122	142	379	406	475	588	338	234	363	182	319	223	319	106	246	490	432	500	1,135	1,646	599	342	1,234	630
Equity securities
33	41	28	32	39	51	35	66	26	425	140	179	21	21	33	24	14	21	10	17	11	30	33	59	36	29	7	14	36	6	9	7	15	84	4	39	8	44	130	8	19	28	6	15	16
Real estate investments
-	-	-	-	-	-	-	-	-	0	3	9	11	0	0	0	69	16	5	3	7	10	0	4	1	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1	9	-	-	-	-
Other investments
64	113	106	135	105	241	81	75	114	127	108	111	122	-3	226	157	186	208	151	208	146	243	274	171	167	217	164	207	174	319	130	183	203	112	197	124	161	291	237	75	114	294	77	48	92
Purchases of investments:
Fixed maturities
2,630	2,477	2,526	2,794	2,914	2,664	2,910	4,032	3,920	3,847	2,730	2,617	3,056	2,605	3,299	3,005	2,700	2,118	3,733	2,914	3,325	3,088	2,788	2,734	2,715	2,975	2,004	2,149	2,339	2,770	2,477	2,596	2,604	2,480	2,677	1,723	1,824	1,618	1,227	1,765	2,175	3,297	2,079	2,006	2,265
Equity securities
35	32	21	19	22	31	26	40	20	266	27	144	22	15	10	14	12	18	9	14	8	5	7	22	18	7	10	27	13	9	6	23	10	13	15	52	51	32	10	14	5	2	4	6	12
Real estate investments
16	12	10	8	77	17	13	11	33	19	14	10	16	18	10	13	7	7	47	63	6	7	5	27	9	42	6	53	6	33	4	53	5	25	6	5	30	6	7	5	3	3	3	4	5
Other investments
103	128	107	116	146	145	117	133	142	149	133	135	124	158	132	128	162	145	114	107	168	148	180	113	113	134	103	114	95	242	71	107	114	131	129	522	107	141	146	123	104	87	76	74	112
Net sales (purchases) of short-term securities
-906	340	1,114	-606	109	-452	746	-792	-410	-964	566	473	-49	64	816	-596	-85	-456	1,215	-567	134	-665	1,223	-220	160	-2,004	1,974	28	-109	-158	408	-141	-226	-1,205	-216	-628	31	633	1,116	-848	-202	-1,715	122	772	451
Securities transactions in course of settlement
85	-274	209	-72	295	-229	-106	77	202	-169	-48	13	157	-532	50	170	291	-216	-80	-122	305	-37	-85	-36	240	-259	220	-120	180	-76	-24	-171	248	-	-17	79	134	210	-242	-93	95	-193	222	-32	398
Acquisitions, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	12	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other investing activities
69	82	74	87	82	86	80	99	53	55	58	65	63	98	86	75	79	82	44	88	90	96	110	92	60	119	97	57	100	94	96	41	92	123	105	74	69	98	75	70	75	55	66	121	84
Net cash provided by (used in) investing activities
84	-855	-1,346	-115	-586	-570	-1,302	-76	-381	174	-1,186	-675	-515	-593	-1,043	55	-146	808	-1,256	291	474	608	-889	412	75	197	-1,199	-211	303	186	-1,077	214	-295	915	-418	125	530	464	-553	1,246	952	546	-323	-539	-583
Cash flows from financing activities
Treasury stock acquired — share repurchase authorization
425	375	375	375	375	170	400	350	350	350	328	475	225	750	550	550	550	1,000	750	800	600	1,000	750	875	650	1,000	800	300	300	418	349	353	354	1,164	395	256	1,104	1,557	637	1,397	1,407	-	-	-	-
Treasury stock acquired — net employee share-based compensation
46	1	0	1	46	0	0	0	51	1	0	0	61	1	12	0	59	1	1	1	71	1	1	1	54	1	1	1	58	1	0	0	52	0	0	2	44	0	0	2	38	0	1	1	27
Dividends paid to shareholders
210	211	214	214	205	203	207	207	197	196	200	199	190	188	194	195	180	182	188	192	177	180	184	189	176	180	183	191	175	175	178	180	161	165	171	174	155	161	169	175	168	175	168	172	178
Payment of debt
-	-	-	-	-	0	0	500	100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	500	-	-	-	-	-	-	-	-	-	-	-	-	0	2	0	141
Issuance of debt
0	0	0	0	492	0	100	0	491	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance of common stock — employee share options
31	7	32	111	63	15	19	13	85	25	30	35	83	168	35	65	64	41	25	27	90	41	32	65	57	48	19	41	98	48	77	93	77	44	25	77	168	141	68	76	123	104	48	18	10
Excess tax benefits from share-based payment arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13	11	4	27	19	14	11	13	8	14	8	21	6	13	7	12	1	6	4	7	2	1	1	4	4	2	1	1
Net cash used in financing activities
-650	-580	-557	-979	-71	-358	-488	-1,044	-122	-872	-498	-157	-393	-771	-721	-589	-725	-1,529	-511	-962	-731	-1,121	-889	-989	-810	-1,125	-457	-443	-914	-540	-437	-691	-478	-1,284	-535	-359	-1,128	-1,226	-762	-1,747	-1,486	-1,606	-1,091	-410	-335
Effect of exchange rate changes on cash
-12	9	-6	0	2	-6	0	-6	2	0	4	5	2	-4	-2	-5	2	-3	-5	4	-8	-5	-6	3	-2	0	6	-3	-6	0	3	-2	3	1	-6	0	4	2	6	-4	-1	-	-	-	-
Net increase (decrease) in cash
50	-14	92	59	-16	14	-56	18	53	-35	51	79	-58	38	4	-96	-19	36	27	9	-66	7	56	51	-34	-1	-13	65	-87	110	-10	-28	44	-17	-42	34	39	-98	32	15	-4	-31	4	37	-105
Supplemental disclosure of cash flow information
Income taxes paid
15	61	42	320	5	164	6	182	56	47	144	321	2	244	181	404	63	325	285	471	126	362	58	634	93	333	229	468	27	-122	14	276	20	-59	-14	179	112	273	202	265	44	303	210	329	34
Interest paid
60	107	60	121	50	122	50	136	39	150	39	135	43	135	43	138	42	148	34	149	34	148	34	149	34	149	22	149	35	149	35	156	35	156	35	156	35	134	63	137	63	137	63	122	63