Alleghany corp /de (Y)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Cash flows from operating activities
Net (losses) earnings

890

54

100

460

562

680

629

702

143

198

270

147

Earnings from continuing operations

-

-

-

-

-

-

-

-

-

-

-

40

Earnings from discontinued operations, net

-

-

-

-

-

-

-

-

-

-

-

107

Adjustments to reconcile net earnings to net cash provided by (used in) operating activities:
Depreciation and amortization

119

127

135

160

163

178

246

464

27

33

32

25

Change in the fair value of equity securities

709

-228

-

-

-

-

-

-

-

-

-

-

Net realized capital (gains) losses

-6

-3

107

63

213

247

232

157

127

97

320

151

Credit losses for available for sale securities

19

1

16

45

133

36

44

2

3

12

85

243

(Increase) decrease in other assets

-

-

-

-

-

-

-

-

-

-

-

37

(Increase) decrease in reinsurance recoverables, net of reinsurance payable

-259

162

408

0

-101

8

-7

19

-24

-92

-78

41

(Increase) decrease in premium balances receivable

105

45

53

-8

68

8

90

-238

18

-17

-8

-17

(Increase) decrease in ceded unearned premiums

26

30

-10

10

5

11

18

5

-1

-16

-24

-35

(Increase) decrease in deferred acquisition costs

58

11

4

29

66

18

31

232

2

-3

-0

-3

(Increase) decrease in funds held under reinsurance agreements

11

38

114

357

104

-25

-

-

-

-

-

-

Increase (decrease) in other liabilities and current taxes

-

-

-

-

-

-

-

-

-

-

-

-24

Increase (decrease) in unearned premiums

299

84

6

99

241

68

60

-4

25

-49

-40

-86

Increase (decrease) in loss and loss adjustment expenses

-321

379

784

287

-797

-355

-287

-376

15

192

57

-198

Change in unrealized foreign currency exchange rate losses (gains)

18

-84

143

-155

-172

-172

40

84

-

-

-

-

Gain on bargain purchase

-

-

-

-

-

-

-

494

-

-

-

-

Other, net

-371

273

-224

-36

-208

140

-295

288

-33

-25

-60

-

Net adjustments

-175

347

345

332

-236

-307

-45

-206

-49

-137

-127

183

Net cash provided by (used in) operating activities

-

-

-

-

325

372

583

495

-

-

-

224

Net cash provided by operating activities from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

106

Net cash provided by (used in) operating activities

714

402

445

792

-

-

-

-

93

60

143

330

Cash flows from investing activities
Purchases of debt securities

6,726

4,716

5,805

5,960

7,474

6,783

7,763

4,031

707

1,038

-

-

Purchases of equity securities

520

1,041

4,574

2,093

3,496

1,521

2,381

1,150

689

1,183

-

-

Sales of debt securities

3,645

3,647

3,986

4,895

6,377

5,558

6,497

2,217

587

1,071

-

-

Purchase of investments

-

-

-

-

-

-

-

-

-

-

2,332

1,564

Sales of investments

-

-

-

-

-

-

-

-

-

-

1,725

1,149

Maturities and redemptions of debt securities

1,166

1,526

1,943

1,512

1,653

1,437

1,761

1,610

335

435

311

325

Sales of equity securities

2,296

1,609

4,315

2,067

3,172

1,043

2,134

782

1,342

458

-

-

Net (purchases) sales of short-term investments

21

316

-145

442

-326

-624

943

-867

831

1

-373

320

Net (purchases) sales and maturities of commercial mortgage loans

9

18

63

416

177

-

-

-

-

-

-

-

(Purchases) sales of property and equipment

47

23

-6

24

27

43

17

8

6

6

5

9

Purchases of affiliates and subsidiaries, net of cash acquired

218

235

244

180

156

8

-

436

-

-

-

-

Sale of Subsidiaries

-

-

158

-

-

-

-

-

-

-

-

-

Acquisition of equity method investments

-

-

-

-

-

-

-

-

-

-

-

50

Other, net

40

86

22

29

26

257

-92

163

-3

-35

0

-3

Proceeds from issuance of senior notes

-

-

-

-

-

297

-

399

-

298

-

-

Debt issue costs paid

-

-

-

-

-

3

-

3

-

2

-

-

Net cash provided by (used in) investing activities

-

-

-

-

171

51

-620

-313

-

-

-

-465

Net cash provided by investing activities from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

151

Net cash provided by (used in) investing activities

-476

345

-155

-672

-

-

-

-

33

-230

71

-314

Cash flows from financing activities
Repayment of senior notes

-

-

-

-

367

318

-

-

-

-

-

-

Treasury stock acquisitions

144

491

16

68

243

300

40

17

120

83

75

25

Increase (decrease) in other debt

81

104

-28

56

6

-

-

-

-

-

-

-

Cash dividends paid

-

153

-

-

-

-

-

-

-

-

-

-

Convertible preferred stock acquisition

-

-

-

-

-

-

-

-

-

-

117

-

Convertible preferred stock dividends paid

-

-

-

-

-

-

-

-

-

-

7

17

Tax benefit on stock based compensation

-

-

-

-

-

-

-

-

0

0

0

2

Other, net

-40

4

-19

-6

-4

22

-30

9

0

0

-0

2

Net cash provided by (used in) financing activities

-

-

-

-

-608

-302

-70

387

-

-

-

-37

Net cash provided by (used in) financing activities from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-5

Net cash provided by (used in) financing activities

-103

-536

-64

-17

-

-

-

-

-119

213

-200

-42

Effect of foreign exchange rate changes on cash

5

-10

18

16

-18

-14

-43

-5

-

-

-

-

Net increase (decrease) in cash

140

200

244

118

-129

106

-151

564

8

44

14

-39

Operating activities

-

-

-

-

-

-

-

-

-

-

-

-106

Investing activities

-

-

-

-

-

-

-

-

-

-

-

88

Financing activities

-

-

-

-

-

-

-

-

-

-

-

5

Net cash provided by (used in) discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-13

Supplemental disclosures of cash flow information
Interest paid

97

88

83

80

102

100

103

93

16

-

-

0

Income taxes paid (refund received)

61

33

8

83

59

335

75

116

32

70

105

179