XYZ Property & Casualty Company - Statement of Cash FlowsNote and Disclaimer: These XBRL documents are presented solely as theoretical examples of XBRL application and should not be used or relied upon for any other purpose. XBRL-US makes no representation as to their accuracy or completeness, or that they fairly represent the financial disclosure(s) of any financial reporting entity, public or private.
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2003 | 2002 | 2001 |
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| Statement of Cash Flows - Indirect Method |
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| Net Cash Flows Provided By/(Used In) Operating Activities, Indirect |
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| Net Income |
3,766.2
|
2,001.9
|
1,234.2
|
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| Adjustments to Reconcile Net Income/(Loss) to Net Cash Provided By/(Used In) Operations |
|
|
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| Depreciation and Amortization |
267.9
|
251.7
|
243
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| Amortization - Bond Premium and Discounts |
33
|
0
|
0
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| Realized Gains/(Losses) on Sale of Investments |
-38.1
|
235.8
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335.7
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| Unearned Income |
1,771.2
|
1,762.8
|
240.6
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| Increase/(Decrease) in Operating Assets and Liabilities |
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| Increase/(Decrease) in Operating Assets |
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| Increase/(Decrease) in the Loss and Loss Adjustment Expense Reserve |
2,289.9
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1,725
|
754.8
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| Increase/(Decrease) in Accounts Payable and Accrued Expenses |
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| Increase/(Decrease) in Accounts Payable and Accrued Expenses - Total |
373.5
|
769.8
|
310.2
|
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| Increase/(Decrease) in Prepaid Reinsurance Premiums |
-54
|
-57.3
|
54.3
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| Increase/(Decrease) in Reinsurance Recoverable |
-166.8
|
-42.6
|
108.6
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| Increase/(Decrease) in Premiums Receivable |
-1,010.4
|
-737.1
|
209.7
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| Increase/(Decrease) in Deferred Policy Acquisition Costs |
-146.4
|
-140.7
|
-20.1
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| Increase/(Decrease) in Operating Liabilities |
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| Increase/(Decrease) in Income Taxes Payable |
-0.3
|
-195.3
|
90.6
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| Tax Benefit from Exercise of Stock Options |
132
|
57.9
|
73.2
|
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| Other Increase/(Decrease) in Operating Assets and Liabilities , Net |
93
|
104.1
|
69
|
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| Net Cash Flows Provided By/(Used In) Operating Activities |
7,310.7
|
5,736
|
3,703.8
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| Net Cash Flows Provided By/(Used In) Investing Activities |
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| Purchases and Payments for Investments |
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| Purchase of Investments |
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| Purchase of Marketable Securities |
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| Purchase of Fixed Maturity Securities |
-28,474.8
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-23,774.7
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-14,805.6
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| Purchase of Equity Securities |
-2,313.6
|
-2,042.1
|
-5,088
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| Disposal of Investments |
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| Sale of Debt and Equity Securities |
|
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| Sale of Fixed Maturity Securities |
21,567.9
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17,469.9
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10,006.5
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| Sale of Equity Securities |
1,013.4
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1,236
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4,308.9
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| Calls and Maturities on Fixed Maturity Securities and Mortgage Loans |
2,337.6
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1,782
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1,355.7
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| Call Maturities Equity Maturity Securities |
275.1
|
0
|
407.7
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| Increase/(Decrease) in Short Term Investments, Net |
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| Purchase of Short Term Investments, Net |
-240.6
|
-1,021.2
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-121.8
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| Net Unsettled Security Transactions |
-111.3
|
345.9
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-285.9
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| Purchase of Other Assets |
-513.3
|
-269.7
|
-224.7
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| Net Cash Flows Provided By/(Used In) Investing Activities |
-6,459.6
|
-6,273.9
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-4,447.2
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| Net Cash Flows Provided By/(Used In) Financing Activities |
|
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| Increase/(Decrease) in Equity |
|
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| Proceeds from Issuance of Equity |
|
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| Proceeds from Stock Options Exercised |
150
|
67.8
|
78
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| Increase/(Decrease) in Debt |
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| Increase/(Decrease) in Short Term Borrowings |
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| Proceeds from Short Term Borrowings |
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| Proceeds from Other Debt |
0
|
1,195.8
|
1,096.2
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| Repayments of Short Term Borrowings |
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| Repayments of Other Debt |
0
|
-2.4
|
-1.5
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| Payment of Dividends |
|
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| Payment of Dividends - Total |
-65.1
|
-63.3
|
-61.8
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| Repurchase of Common Stock |
-950.4
|
-642.9
|
-360.6
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| Net Cash Flows Provided By/(Used In) Financing Activities |
-865.5
|
555
|
750.3
|
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| Increase/(Decrease) in Cash and Cash Equivalents |
-14.4
|
17.1
|
6.9
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| Cash and Cash Equivalents - Beginning Balance |
50.7
|
33.6
|
26.7
|
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| Cash and Cash Equivalents - Ending Balance |
36.3
|
50.7
|
33.6
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