Alleghany corp /de (Y)

CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
Cash flows from operating activities
Net (losses) earnings

80

890

149

337

331

54

917

318

122

100

11

480

455

460

547

485

591

562

545

634

600

680

746

673

637

629

330

342

338

702

832

726

632

143

143

160

211

198

0

0

0

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

124

119

116

119

121

127

124

129

132

135

151

155

161

160

153

151

155

163

171

181

186

178

181

191

215

246

303

385

484

464

365

231

65

27

28

29

30

33

0

0

0

Change in the fair value of equity securities

-205

709

-222

164

206

-228

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net realized capital (gains) losses

2

-6

-49

-37

-43

-3

72

89

92

107

47

42

86

63

172

174

206

213

207

238

193

247

334

292

278

232

133

128

140

157

183

193

160

127

74

78

105

97

0

0

0

Credit losses for available for sale securities

41

19

14

10

10

1

4

10

14

16

20

25

27

45

59

100

102

133

141

89

83

36

9

8

16

44

41

41

33

2

0

0

0

-

-

-

-

12

0

0

0

(Increase) decrease in other assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

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

-143

-259

-174

38

93

162

13

370

346

408

488

-55

32

0

-237

-182

-166

-101

68

58

34

8

-3

46

16

-7

99

12

-20

19

-86

-66

-26

-24

-58

-72

-93

-92

0

0

0

(Increase) decrease in premium balances receivable

145

105

89

133

90

45

-38

-20

49

53

81

-20

50

-8

73

30

116

68

-8

-15

-148

8

12

33

115

90

42

63

-183

-238

-134

-110

35

18

12

12

-8

-17

0

0

0

(Increase) decrease in ceded unearned premiums

35

26

30

34

26

30

20

11

-14

-10

0

-5

28

10

9

3

-6

5

-8

-16

12

11

15

12

16

18

20

31

23

5

12

1

0

-1

-5

-5

-14

-16

0

0

0

(Increase) decrease in deferred acquisition costs

52

58

34

34

20

11

-5

-1

12

4

17

3

5

29

82

80

79

66

-1

4

11

18

36

40

36

31

56

114

204

232

213

153

51

2

0

-0

-2

-3

0

0

0

(Increase) decrease in funds held under reinsurance agreements

55

11

-15

10

18

38

69

77

89

114

151

162

210

357

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in other liabilities and current taxes

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Increase (decrease) in unearned premiums

299

299

194

184

117

84

4

25

36

6

55

-10

44

99

303

285

267

241

-38

-20

44

68

144

149

134

60

20

1

14

-4

71

99

38

25

9

-7

-31

-49

0

0

0

Increase (decrease) in loss and loss adjustment expenses

211

-321

-220

116

140

379

-601

455

724

784

1,398

16

231

287

-364

-419

-655

-797

-284

-323

-626

-355

-742

-662

-387

-287

-199

-313

-188

-376

47

158

-4

15

60

94

171

192

0

0

0

Change in unrealized foreign currency exchange rate losses (gains)

-61

18

-62

-29

-120

-84

-53

8

159

143

57

22

-89

-155

-118

-156

-62

-172

-221

-316

-346

-172

-0

168

138

40

-7

25

-19

84

0

0

0

-

-

-

-

-

-

-

-

Gain on bargain purchase

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

494

0

0

0

-

-

-

-

-

-

-

-

Other, net

103

-371

117

-7

89

273

-484

-130

-145

-224

147

-156

-114

-36

-83

-55

-128

-208

-142

-35

28

140

67

-142

-100

-295

-3

113

232

288

70

61

-156

-33

0

0

0

-

-

-

-

Net adjustments

692

-175

357

89

9

347

-573

72

360

345

633

194

255

332

-209

-166

-443

-236

183

76

104

-307

-449

-344

-320

-45

223

252

343

-206

-411

-517

-469

-49

-40

-58

-211

-137

0

0

0

Net cash provided by (used in) operating activities

-

-

-

-

-

-

-

-

-

-

-

-

710

-

337

318

148

325

728

711

705

372

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) operating activities

773

714

506

426

341

402

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

420

208

162

93

102

102

0

60

0

0

0

Cash flows from investing activities
Purchases of debt securities

6,259

6,726

7,158

6,612

6,186

4,716

4,830

4,793

4,983

5,805

5,475

5,695

5,927

5,960

6,273

6,907

7,195

7,474

7,529

7,134

7,160

6,783

7,055

7,843

7,605

7,763

7,011

6,408

5,491

4,031

2,984

1,744

991

707

0

0

0

-

-

-

-

Purchases of equity securities

782

520

629

642

660

1,041

2,033

3,258

4,721

4,574

4,148

2,944

1,846

2,093

1,866

2,033

2,662

3,496

3,078

2,933

2,202

1,521

1,670

1,826

1,708

2,381

2,011

2,145

2,414

1,150

1,185

905

562

689

0

0

0

-

-

-

-

Sales of debt securities

4,618

3,645

4,017

3,855

3,620

3,647

3,429

3,460

3,650

3,986

3,778

3,824

4,444

4,895

6,035

6,540

6,582

6,377

5,712

5,448

5,486

5,558

5,824

6,434

5,987

6,497

5,773

4,766

4,203

2,217

1,584

1,107

676

587

0

0

0

-

-

-

-

Purchase of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Sales of investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Maturities and redemptions of debt securities

1,390

1,166

1,150

1,082

1,295

1,526

1,729

1,922

1,965

1,943

1,913

1,831

1,719

1,512

1,331

1,447

1,537

1,653

1,640

1,597

1,546

1,437

1,475

1,523

1,573

1,761

1,914

1,740

1,860

1,610

1,169

924

459

335

394

405

434

435

0

0

0

Sales of equity securities

1,388

2,296

3,338

3,290

2,947

1,609

1,877

2,612

3,124

4,315

3,840

2,914

2,764

2,067

2,050

2,142

2,706

3,172

2,707

2,685

1,861

1,043

1,098

1,353

1,585

2,134

1,796

1,479

1,179

782

1,483

1,600

1,490

1,342

0

0

0

-

-

-

-

Net (purchases) sales of short-term investments

-733

21

272

577

659

316

142

-176

-1,061

-145

-148

82

1,250

442

482

69

46

-326

-493

-46

-436

-624

-163

-240

152

943

715

-148

130

-867

-78

611

225

831

-237

-91

41

1

0

0

0

Net (purchases) sales and maturities of commercial mortgage loans

6

9

10

-4

12

18

46

59

44

63

134

222

339

416

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

(Purchases) sales of property and equipment

43

47

19

34

25

23

42

22

-0

-6

-5

-1

26

24

0

22

18

27

51

26

42

43

46

44

27

17

12

9

8

8

4

3

4

6

7

7

7

6

0

0

0

Net (purchase) sale of other invested assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

Purchases of affiliates and subsidiaries, net of cash acquired

245

218

209

190

128

235

0

0

0

-

-

-

-

180

254

231

113

156

0

0

0

-

-

-

-

-

-

-

-

436

0

0

0

-

-

-

-

-

-

-

-

Other, net

266

40

179

128

-10

86

-8

56

76

22

130

-31

-19

29

-84

277

48

26

7

-109

254

257

-16

53

-70

-92

359

35

139

163

-44

70

1

-3

26

-24

-38

-35

0

0

0

Net cash provided by (used in) investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-621

-

109

174

459

171

-169

-261

-379

51

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) investing activities

528

-476

27

47

201

345

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-292

-180

406

33

-23

-353

-206

-230

0

0

0

Cash flows from financing activities
Repayment of senior notes

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Treasury stock acquisitions

108

144

322

348

550

491

0

0

0

-

-

-

-

68

106

256

270

243

270

181

232

300

222

159

103

40

0

0

0

-

-

-

-

120

92

44

82

83

0

0

0

Increase (decrease) in other debt

136

81

80

111

102

104

49

35

-13

-28

-13

33

46

56

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash dividends paid

0

-

-

-

-

153

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

-25

-40

-40

-32

-11

4

5

1

-1

-19

-18

-17

-20

-6

-23

-9

-10

-4

12

12

21

22

23

-12

-12

-30

-19

1

1

9

0

0

-1

0

0

0

0

0

0

0

0

Net cash provided by (used in) financing activities

-

-

-

-

-

-

-

-

-

-

-

-

11

-

-448

-628

-637

-608

-576

-192

-235

-302

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by (used in) financing activities

-519

-103

-282

-268

-459

-536

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

352

297

-114

-119

-91

252

215

213

0

0

0

Effect of foreign exchange rate changes on cash

-5

5

-1

-3

-15

-10

-5

5

23

18

23

20

13

16

5

-1

1

-18

-27

-28

-34

-14

-6

-0

-17

-43

-46

-38

-31

-5

0

0

0

-

-

-

-

-

-

-

-

Net increase (decrease) in cash

777

140

250

201

67

200

-54

-20

86

244

132

132

114

118

5

-137

-27

-129

-44

228

56

106

192

-61

-93

-151

-156

76

54

564

480

319

455

8

-12

1

9

44

0

0

0

Supplemental disclosures of cash flow information
Interest paid

94

97

97

93

90

88

84

84

83

83

82

81

81

80

91

91

101

102

107

100

108

100

103

103

103

103

103

103

93

93

50

50

16

16

0

0

0

-

-

-

-

Income taxes paid (refund received)

126

61

66

-9

-26

33

12

-0

23

8

60

99

77

83

89

43

73

59

106

211

262

335

276

229

192

75

16

33

54

116

148

95

49

32

57

44

68

70

0

0

0