10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
CIGNA CORP | |||
Ticker: CI Fiscal Year: 2010 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2010 10-K/A (Amendment Filed: Feb 28, 2011) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | |
| Cash Flows from Operating Activities | |||
| Net Income | $ 1,349 | 1,305 | 294 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 292 | 268 | 244 |
| Realized investment (gains) losses | (75) | 43 | 170 |
| Deferred income taxes | 190 | 319 | (221) |
| Gains on sale of businesses (excluding discontinued operations) | (13) | (32) | (38) |
| Income from discontinued operations, net of taxes | 0 | (1) | (4) |
| Net changes in assets and liabilities, net of non-operating effects: | |||
| Premiums, accounts and notes receivable | 62 | 49 | 219 |
| Reinsurance recoverables | 37 | 30 | 63 |
| Deferred policy acquisition costs | (156) | (109) | (74) |
| Other assets | (3) | 452 | (860) |
| Insurance liabilities | 325 | (357) | 485 |
| Accounts payable, accrued expenses and other liabilities | (272) | (1,321) | 1,466 |
| Current income taxes | 2 | 55 | (72) |
| Other, net | 5 | 44 | (16) |
| Net cash provided by operating activities | 1,743 | 745 | 1,656 |
| Cash Flows from Investing Activities | |||
| Proceeds from investments sold: | |||
| Fixed maturities | 822 | 927 | 1,459 |
| Equity securities | 4 | 22 | 6 |
| Commercial mortgage loans | 63 | 61 | 48 |
| Other (primarily short-term and other long-term investments) | 1,102 | 910 | 492 |
| Investment maturities and repayments: | |||
| Fixed maturities | 1,084 | 1,100 | 872 |
| Commercial mortgage | 70 | 94 | 98 |
| Investments purchased: | |||
| Fixed maturities | (2,587) | (2,916) | (2,681) |
| Equity securities | (12) | (14) | (18) |
| Commercial mortgage loans | (239) | (175) | (488) |
| Other (primarily short-term and other long-term investments) | (810) | (1,187) | (776) |
| Property and equipment purchases | (300) | (307) | (257) |
| Acquisitions, net of cash acquired | (344) | 0 | (1,319) |
| Other (primarily dispositions) | (195) | 0 | (8) |
| Net cash used in investing activities | (1,342) | (1,485) | (2,572) |
| Cash Flows from Financing Activities | |||
| Deposits and interest credited to contractholder deposit funds | 1,295 | 1,312 | 1,305 |
| Withdrawals and benefit payments from contractholder deposit funds | (1,205) | (1,223) | (1,214) |
| Change in cash overdraft position | 59 | 53 | (17) |
| Net change in short-term debt, primarily commercial paper | 0 | (199) | 298 |
| Issuance of long-term debt | 543 | 346 | 297 |
| Repayment of long-term debt | (270) | (1) | 0 |
| Repurchase of common stock | (201) | 0 | (378) |
| Issuance of common stock | 64 | 30 | 37 |
| Common dividends paid | (11) | (11) | (14) |
| Net cash provided by financing activities | 274 | 307 | 314 |
| Effect of foreign currency rate changes on cash and cash equivalents | 6 | 15 | (26) |
| Net increase (decrease) in cash and cash equivalents | 681 | (418) | (628) |
| Cash and cash equivalents, January 1, | 924 | 1,342 | |
| Cash and cash equivalents, September 30, | 1,605 | 924 | 1,342 |
| Supplemental Disclosure of Cash Information: | |||
| Income taxes paid, net of refunds | (326) | (220) | (366) |
| Interest paid | (180) | (158) | (140) |
| External Links | |
| CIGNA CORP (CI) Fiscal Year 2010 | |
| Statements of 10-K/A in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K/A in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K/A in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |