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Income Statement
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Cash Flow Statement
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CINCINNATI FINANCIAL CORP (CINF)

Cash Flow Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-23Dec-31-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21
   10-Q8-K10-Q10-Q10-K10-Q10-Q10-Q
Cash Flows From Operating Activities          
Net Income (Loss)  534.0 -811.0-273.01,470.0153.0703.0620.0
   
Adjustments to reconcile net income to net cash from operating activities:          
    Depreciation, amortization and other    49.029.049.023.023.023.0
    Investment gains and losses, net    1,155.0674.0-1,420.078.0-510.0-501.0
    Interest credited to contract holders    11.012.012.010.012.011.0
    Deferred income tax expense  81.0 4.0-85.026.0-40.023.0-34.0
    Changes in:          
        Premiums and reinsurance receivable    -245.0-182.040.085.0-199.0-166.0
        Deferred policy acquisition costs    -62.0-68.011.010.0-45.0-49.0
        Other assets    -9.0-20.01.011.010.0-33.0
        Loss and loss expense reserves    303.061.013.0273.069.0204.0
        Life policy and investment contract reserves    21.017.023.021.040.015.0
        Unearned premiums    307.0289.0-71.0-75.0236.0221.0
        Other liabilities    105.0-136.033.072.0103.0-80.0
        Current income tax receivable/payable  81.0 4.0-85.026.0-40.023.0-34.0
            Net cash provided by operating activities  615.0 557.0198.0463.0601.0563.0354.0
   
Cash Flows From Investing Activities          
Sale, call or maturity of fixed maturities    647.055.01,373.015.043.030.0
Sale of equity securities    122.056.013.0123.045.065.0
Purchase of fixed maturities    -482.0-460.0-557.0-603.0-761.0-467.0
Purchase of equity securities    -128.0-90.0-37.0-276.0-74.0-78.0
Changes in finance receivables    11.0     
Investment in building and equipment    -4.0-4.0-3.0-3.0-4.0-5.0
Change in other invested assets, net    -26.0-21.094.0-24.0-12.06.0
    Net cash used in investing activities    -162.0-162.0-166.0-365.0-373.0-153.0
   
Cash Flows From Financing Activities          
Shares acquired - share repurchase authorization    -151.0-45.0-104.0-12.0 -28.0
Changes in note payable    -5.0-5.0  2.03.0
Proceeds from stock options exercised    2.04.03.02.04.04.0
Contract holders' funds deposited    16.018.021.017.020.027.0
Contract holders' funds withdrawn    -30.0-32.0-42.0-29.0-42.0-33.0
Other    -7.0-29.0-16.0-32.0-18.0-32.0
    Net cash used in financing activities    -284.0-188.0-243.0-154.0-134.0-154.0
    Net change in cash and cash equivalents    111.0-152.054.082.056.047.0
   
Supplemental Disclosures of Cash Flow Information:          
    Interest paid    26.0 26.0 26.0 
    Noncash Activities          
    Equipment acquired under finance lease obligations    4.02.03.01.05.03.0
    Share-based compensation    -3.027.0-21.09.013.025.0
    Other assets and other liabilities    170.010.0-50.054.039.044.0

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