← CNO Financial Group, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income From Continuing Operations | — | — | — | — | — | — | $630.6m | $276.5m | $420.8m | $229.3m | $279.6m | |
| Net Income (Loss) Attributable to Parent | $358.2m |
$175.6m
-50.98%
|
($315.0m)
-279.38%
|
$409.4m
+229.97%
|
$301.8m
-26.28%
|
$441.0m
+46.12%
|
$396.8m
-10.02%
|
$276.5m
-30.32%
|
$404.0m
+46.11%
|
$229.3m
-43.24%
|
— | |
| Depreciation, Depletion and Amortization | $275.0m | $265.4m | $292.2m | $267.9m | $303.9m | $319.5m | $345.3m | $267.4m | $292.4m | $318.5m | $329.4m | |
| Amortization of Deferred Charges | $253.3m | $239.3m | $264.3m | $232.1m | $268.1m | $281.1m | $309.6m | $227.4m | $251.2m | $278.0m | — | |
| Deferred Policy Acquisition Costs, Amortization Expense | $191.1m | $184.9m | $219.2m | $195.4m | $233.4m | $252.4m | $282.7m | $192.6m | $215.3m | $238.8m | — | |
| Amortization Of Securities | — | — | — | — | — | — | ($336.0m) | ($377.9m) | ($445.7m) | ($499.3m) | ($506.3m) | |
| Deferred Income Tax Expense (Benefit) | $173.0m | $72.0m | $93.1m | $39.3m | $100.5m | $62.6m | $88.7m | $12.0m | $87.9m | $400k | $17.6m | |
| Deferred Other Tax Expense (Benefit) | ($132.8m) | $142.1m | $107.8m | ($193.7m) | ($34.0m) | $0 | $0 | — | — | — | — | |
| Deferred Income Tax | — | — | — | — | — | — | $152.0m | $21.1m | $63.9m | $26.3m | $17.6m | |
| Deferred Tax | — | — | — | — | — | — | $152.0m | $21.1m | $63.9m | $26.3m | $17.6m | |
| Goodwill and Intangible Asset Impairment | — | — | — | — | — | — | — | — | — | $101.9m | — | |
| Asset Impairment Charge | — | — | — | — | — | — | — | $0 | $0 | $101.9m | $101.9m | |
| Change In Working Capital | — | — | — | — | — | — | ($374.7m) | $449.7m | $534.7m | $618.1m | $696.8m | |
| Net Cash Provided by (Used in) Operating Activities | $759.5m |
$613.1m
-19.28%
|
$317.8m
-48.17%
|
$696.7m
+119.23%
|
$735.5m
+5.57%
|
$598.3m
-18.65%
|
$495.4m
-17.20%
|
$582.9m
+17.66%
|
$627.7m
+7.69%
|
$675.7m
+7.65%
|
$698.9m
+3.43%
|
|
| Cash flows from investing activities: | ||||||||||||
| Debt Securities, Available-for-sale, Allowance for Credit Loss, Not Previously Recorded | — | — | — | — | $25.7m | $6.3m | $50.4m | $7.7m | $10.8m | $9.1m | — | |
| Gain (Loss) on Investments | $8.3m | $50.3m | $352.1m | $28.2m | ($36.2m) | $19.1m | ($135.4m) | ($69.0m) | ($49.9m) | ($54.7m) | $48.4m | |
| Payments for (Proceeds from) Other Investing Activities | $22.5m | $29.9m | $25.0m | $102.0m | $39.8m | $75.3m | $61.2m | $36.6m | $13.5m | $3.2m | — | |
| Net Other Investing Changes | — | — | — | — | — | — | ($61.2m) | ($36.6m) | ($13.5m) | ($3.2m) | ($4.0m) | |
| Net Cash Provided by (Used in) Investing Activities | ($742.4m) | ($239.6m) | ($525.7m) | ($555.6m) | ($608.4m) | ($1.5b) | ($1.8b) | ($872.3m) | ($1.5b) | ($1.7b) | ($1.8b) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | $0 | $0 | — | ($7.3m) | $0 | $0 | — | — | — | $1.5m | — | |
| Issuance Of Debt | — | — | — | — | — | — | $285.0m | $995.5m | $1.6b | $776.8m | $1.0b | |
| Long Term Debt Issuance | — | — | — | — | — | — | $285.0m | $995.5m | $1.6b | $776.8m | $1.0b | |
| Long Term Debt Payments | — | — | — | — | — | — | ($405.7m) | ($736.8m) | ($1.2b) | ($1.3b) | ($621.0m) | |
| Net Issuance Payments Of Debt | — | — | — | — | — | — | ($120.7m) | $258.7m | $355.6m | ($485.0m) | $405.8m | |
| Net Long Term Debt Issuance | — | — | — | — | — | — | ($120.7m) | $258.7m | $355.6m | ($485.0m) | $405.8m | |
| Repayment Of Debt | — | — | — | — | — | — | ($405.7m) | ($736.8m) | ($1.2b) | ($1.3b) | ($621.0m) | |
| Payments for Repurchase of Common Stock | $203.0m | $168.3m | $108.0m | $254.5m | $268.3m | $407.8m | $190.1m | $166.1m | $300.2m | $331.4m | — | |
| Proceeds from Issuance of Common Stock | $8.4m | $8.3m | $3.9m | $9.2m | $19.0m | $21.5m | $13.5m | $13.2m | $11.2m | $11.6m | $11.1m | |
| Common Stock Dividend Paid | — | — | — | — | — | — | ($64.8m) | ($68.1m) | ($67.7m) | ($66.2m) | ($66.4m) | |
| Common Stock Issuance | — | — | — | — | — | — | $13.5m | $13.2m | $11.2m | $11.6m | $11.1m | |
| Common Stock Payments | — | — | — | — | — | — | ($190.1m) | ($166.1m) | ($300.2m) | ($331.4m) | ($255.0m) | |
| Issuance Of Capital Stock | — | — | — | — | — | — | $13.5m | $13.2m | $11.2m | $11.6m | $11.1m | |
| Net Common Stock Issuance | — | — | — | — | — | — | ($176.6m) | ($152.9m) | ($289.0m) | ($319.8m) | ($243.9m) | |
| Repurchase Of Capital Stock | — | — | — | — | — | — | ($190.1m) | ($166.1m) | ($300.2m) | ($331.4m) | ($255.0m) | |
| Dividends paid | $55 | $60 | $65 | $67 | $67 | $66 | $65 | $68 | $68 | $66 | ($66.4m) | |
| Dividends Payable | — | — | — | $67 | $67 | $66 | $65 | $68 | — | — | — | |
| Cash Dividends Paid | — | — | — | — | — | — | ($64.8m) | ($68.1m) | ($67.7m) | ($66.2m) | ($66.4m) | |
| Net Other Financing Charges | — | — | — | — | — | — | $1.6b | $495.8m | $2.0b | $848.4m | $1.5b | |
| Net Cash Provided by (Used in) Financing Activities | $29.5m |
($274.0m)
-1028.81%
|
$107.2m
+139.12%
|
($143.0m)
-233.40%
|
$210.1m
+246.92%
|
$667.6m
+217.75%
|
$1.2b
+79.61%
|
$533.5m
-55.51%
|
$2.0b
+269.18%
|
($22.6m)
-101.15%
|
$1.6b
+7116.81%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | ($1.9m) | $337.2m | ($260.2m) | ($86.8m) | $244.1m | $1.1b | ($1.0b) | $1.3b | |
| Beginning Cash Position | — | — | — | — | — | — | $731.7m | $644.9m | $889.0m | $2.0b | $816.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $654.7m | $991.9m | $731.7m | $644.9m | $889.0m | $2.0b | $983.5m | $1.3b | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | — | — | $92.8m | $120.9m | $232.5m | $259.2m | $230.3m | — | |
| Income Taxes Paid, Net | — | — | — | ($2.4m) | $28.4m | ($19.8m) | $33.9m | $59.1m | $55.1m | $37.7m | — | |
| Additional Financial Items | ||||||||||||
| Gain (Loss) on Derivative Instruments, Net, Pretax | — | — | — | — | — | — | — | ($7.8m) | $77.1m | ($43.6m) | — | |
| Income Tax Expense (Benefit) | ($5.0m) | $304.9m | $50.2m | ($135.2m) | $42.5m | $126.7m | $120.5m | $80.3m | $114.3m | $64.1m | — | |
| Market Risk Benefit, Change in Fair Value, Gain (Loss) | — | — | — | — | — | — | — | $21.3m | $60.5m | $12.4m | — | |
| Proceeds from Stock Options Exercised | $8.4m | $8.3m | $3.9m | $6.9m | $16.5m | $18.4m | $10.4m | $9.2m | $7.2m | $7.4m | — | |
| Financing Receivable, Credit Loss, Expense (Reversal) | — | — | — | — | $5.1m | ($6.2m) | ($2.4m) | $7.4m | ($1.8m) | $7.3m | — | |
| Realized Investment Gains (Losses) | $8.3m | $50.3m | ($11.3m) | — | — | $21.3m | ($17.9m) | ($69.3m) | ($75.6m) | ($59.6m) | — | |
| Cash Flow From Continuing Financing Activities | — | — | — | — | — | — | $1.2b | $533.5m | $2.0b | ($22.6m) | $1.6b | |
| Cash Flow From Continuing Investing Activities | — | — | — | — | — | — | ($1.8b) | ($872.3m) | ($1.5b) | ($1.7b) | ($1.8b) | |
| Change In Cash Supplemental As Reported | — | — | — | — | — | — | ($86.8m) | $244.1m | $1.1b | ($1.0b) | — | |
| Changes In Cash | — | — | — | — | — | — | ($86.8m) | $244.1m | $1.1b | ($1.0b) | $490.0m | |
| End Cash Position | — | — | — | — | — | — | $644.9m | $889.0m | $2.0b | $983.5m | $1.3b | |
| Financing Cash Flow | — | — | — | — | — | — | $1.2b |
$533.5m
-55.51%
|
$2.0b
+269.18%
|
($22.6m)
-101.15%
|
$1.6b
+7116.81%
|
|
| Free Cash Flow | — | — | — | — | — | — | $495.4m | $582.9m | $627.7m | $675.7m | $698.9m | |
| Gain Loss On Investment Securities | — | — | — | — | — | — | $135.4m | $69.0m | $49.9m | $54.7m | $48.4m | |
| Investing Cash Flow | — | — | — | — | — | — | ($1.8b) | ($872.3m) | ($1.5b) | ($1.7b) | ($1.8b) | |
| Net Investment Purchase And Sale | — | — | — | — | — | — | ($1.7b) | ($835.7m) | ($1.5b) | ($1.7b) | ($1.8b) | |
| Operating Gains Losses | — | — | — | — | — | — | $135.4m | $69.0m | $49.9m | $54.7m | $48.4m | |
| Other Non Cash Items | — | — | — | — | — | — | $39.6m | ($122.9m) | ($288.3m) | ($173.8m) | — | |
| Purchase Of Investment | — | — | — | — | — | — | ($6.5b) | ($3.6b) | ($6.9b) | ($8.5b) | ($13.9b) | |
| Sale Of Investment | — | — | — | — | — | — | $4.8b | $2.8b | $5.4b | $6.8b | $12.1b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.