Cash flow Statement (Quarterly, GAAP
in millions $) |
(Sep 30 2024) 9 Months |
(Jun 30 2024) 6 Months |
(Mar 31 2024) 3 Months |
(Dec 31 2023) 12 Months |
(Sep 30 2023) 9 Months |
Income |
262.14 |
157.95 |
86.70 |
311.80 |
219.00 |
Depreciation & amortization |
7.50 |
4.82 |
2.39 |
9.35 |
6.90 |
Amortization of Other Assets |
0.28 |
0.22 |
0.11 |
0.44 |
0.33 |
Extraordinary Item, Gain (Loss), Insurance Assets, Accretion Expense
|
- |
- |
- |
- |
- |
Other Asset Impairment Charges |
0.98 |
- |
- |
- |
- |
Provision for Loan, Lease, and Other Losses |
- |
- |
- |
- |
- |
Inventories Decrease /-Increase |
- |
- |
- |
- |
- |
R & D, Environmental and Other Expense |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Property Plant Equipment |
0.03 |
0.03 |
0.03 |
0.00 |
0.00 |
Share-based Compensation |
- |
- |
- |
- |
- |
Income (Loss) from Equity Method Investments |
- |
- |
- |
- |
- |
Financial Instruments and Foreign Currency Transaction |
- |
- |
- |
- |
- |
Net Gain On Valuation Of Contingent Value Rights |
- |
- |
- |
- |
- |
Variable Interest Entity Consolidated Net Gain |
- |
- |
- |
- |
- |
Variable Interest Entity Consolidated Proceeds From Sale Of Investments |
- |
- |
- |
- |
- |
Variable Interest Entity Consolidated Payments To Acquire Investments |
- |
- |
- |
- |
- |
Gain Loss On Interest Rate Derivative Instruments Not Designated As Hedging Instruments |
- |
- |
- |
- |
- |
Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost |
24.75 |
17.13 |
9.23 |
26.01 |
10.31 |
Net Gain Loss On The Tax Receivable Agreements |
0.50 |
- |
- |
-0.51 |
- |
Netinvestmentgainlossofconsolidatedinvestmentproducts |
- |
- |
- |
- |
- |
Purchaseofinvestmentsbyconsolidatedinvestmentproducts |
- |
- |
- |
- |
- |
Proceedsfromsaleofinvestmentsbyconsolidatedinvestmentproducts |
- |
- |
- |
- |
- |
Net Changein Operating Assets and Liabilities of Consolidated Investment Products |
16.78 |
-2.87 |
-12.13 |
23.58 |
-9.85 |
Income taxes |
33.99 |
22.46 |
12.64 |
42.50 |
32.29 |
Gain (Loss) on Investments |
- |
- |
- |
- |
-11.33 |
Increase (Decrease) in Accounts Receivable |
-6.81 |
-10.14 |
-6.89 |
0.13 |
2.23 |
Increase (Decrease) in Accounts Payable and Accrued Liabilities |
122.98 |
91.95 |
87.12 |
27.39 |
100.06 |
Accrued Expense |
- |
- |
- |
- |
- |
Deferred Revenue and Customer Advances and Deposits |
- |
- |
- |
- |
- |
Increase (Decrease) in Prepaid Expense and Other Assets |
1.26 |
1.13 |
0.52 |
-0.09 |
0.43 |
Other Working Capital |
-0.80 |
-0.57 |
-0.73 |
-0.24 |
-0.16 |
Other Noncash Income (Expense) |
- |
- |
- |
- |
- |
Other net |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Operating Activities |
-127.91 |
-59.22 |
-31.97 |
-171.45 |
-136.05 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Operating Activities |
335.67 |
222.90 |
147.02 |
253.03 |
262.80 |
Capital Expenditures |
-1.11 |
-0.77 |
-0.12 |
-2.26 |
-0.59 |
Sale of Capital Items |
- |
- |
- |
- |
- |
Short-term Investments Proceeds |
- |
- |
- |
- |
- |
Short-term Investments Acq. |
- |
- |
- |
- |
- |
Real Estate Investments |
- |
- |
- |
- |
- |
Payments For Leasehold Improvements |
-3.19 |
-3.02 |
-1.75 |
-5.69 |
-2.73 |
Increase (Decrease) in Restricted Cash |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Loans |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Deposits |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investments |
-20.12 |
-20.87 |
-27.25 |
-29.54 |
-30.26 |
Payments for (Proceeds from) Federal Reserve and Federal Home Loan Bank |
- |
- |
- |
- |
- |
Acquisition Net of Cash Acquired |
- |
- |
- |
- |
- |
Interest in Subsidiaries and Affiliates |
- |
- |
- |
- |
- |
Cash Divested from Deconsolidation |
- |
- |
- |
- |
- |
Accounts payable |
- |
- |
- |
- |
- |
Receivables |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investing Activities |
- |
- |
- |
- |
- |
Other Net |
- |
0.00 |
- |
-12.75 |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
-24.42 |
-24.65 |
-29.11 |
-38.17 |
-36.53 |
Short-term debt Net |
- |
- |
- |
- |
- |
Other borrowing transactions |
- |
- |
- |
- |
- |
Long-term debt - borrowings |
- |
- |
- |
- |
- |
Long-term debt - repayments |
- |
- |
- |
- |
- |
Federal Home Loan Bank and Federal Funds |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Comm. Stock |
- |
- |
- |
- |
- |
Partnership and Parent Transactions |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Pref. Stock |
-33.45 |
-20.20 |
-4.12 |
44.73 |
-30.34 |
Deposits, Annuities, Contract Holders Funds |
- |
- |
- |
- |
- |
Other financing activities net |
- |
- |
- |
- |
- |
Other net |
-217.77 |
-199.73 |
-211.28 |
-315.46 |
-154.05 |
Payments Of Distributions And Capital Redemptions To Noncontrolling Interest |
- |
- |
- |
- |
- |
Payments For Capital Invested Launch Equity |
- |
- |
- |
- |
- |
Paymentsto Purchase Preferred Stock and Subsidiary Equity |
- |
- |
- |
- |
- |
Payments To Purchase Preferred Stock And Subsidiary Equity |
- |
- |
- |
- |
- |
Payments Of Tax Receivable Agreement |
- |
- |
- |
- |
- |
Non Cash Transaction Initial Establishment Of Deferred Tax Assets |
18.47 |
14.44 |
14.43 |
3.21 |
1.36 |
Non Cash Transaction Initial Establishment Of Amounts Payable Under Tax Receivable Agreements |
14.01 |
- |
11.55 |
0.83 |
1.02 |
Noncontrolling Interest Initial Establishment of Contingent Value Right |
- |
- |
- |
- |
- |
Tax Receivable Agreement Payments |
-36.66 |
-27.90 |
- |
-35.76 |
- |
Capitalcontributionstoconsolidatedinvestmentproducts |
- |
- |
- |
- |
- |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents |
178.47 |
178.47 |
178.47 |
143.25 |
143.25 |
Capital Contributionsto Consolidated Investment Products |
35.04 |
29.09 |
18.17 |
77.00 |
17.07 |
Payments of Dividends, Preferred Stock and Preference Stock |
- |
- |
- |
- |
- |
Dividends paid |
-164.03 |
-113.93 |
-71.01 |
-183.38 |
-138.45 |
Net Cash flow from
Financing Activities |
-205.92 |
-139.78 |
-63.79 |
-174.96 |
-134.31 |
Effect of exchange rate on cash flow |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
334.56 |
222.14 |
146.90 |
250.77 |
262.22 |
Total Cash Flow |
105.33 |
58.48 |
54.12 |
39.90 |
91.96 |