Cash flow Statement (Quarterly, GAAP
in millions $) |
(Dec 31 2023) 12 Months |
(Sep 30 2023) 9 Months |
(Jun 30 2023) 6 Months |
(Mar 31 2023) 3 Months |
(Dec 31 2022) 12 Months |
Income |
201.82 |
144.91 |
90.89 |
35.65 |
234.51 |
Depreciation & amortization |
40.96 |
28.11 |
19.41 |
9.84 |
45.43 |
Amortization of Other Assets |
- |
- |
- |
- |
- |
Extraordinary Item, Gain (Loss), Insurance Assets, Accretion Expense
|
- |
- |
- |
- |
- |
Restructuring & Impairment Charges |
- |
- |
- |
- |
- |
Provision for Loan, Lease, and Other Losses |
- |
- |
- |
- |
- |
Inventories Decrease /-Increase |
- |
- |
- |
- |
- |
R & D, Environmental and Other Expense |
- |
- |
- |
- |
- |
Gain (Loss) on Disposition of Assets |
- |
- |
- |
- |
- |
Share-based Compensation |
11.10 |
8.91 |
5.99 |
2.52 |
11.43 |
Income (Loss) from Equity Method Investments |
- |
- |
- |
- |
- |
Financial Instruments and Foreign Currency Transaction |
-2.79 |
-30.37 |
-7.07 |
-3.21 |
15.77 |
Impairment Of Investments |
- |
- |
- |
- |
- |
Tax Benefit From Stock Options Exercised |
- |
- |
- |
- |
- |
Gains Loss On Sales Of Other Real Estate Owned And Bank Premises Net |
- |
- |
- |
- |
- |
Issuance Of Common Stock Grants For Services |
- |
- |
- |
- |
- |
Valuation Expenses Related To Other Real Estate Owned Properties |
- |
- |
- |
- |
- |
Net Impact Of Amortization And Accretion Related To Acquisition |
3.53 |
2.55 |
1.29 |
2.27 |
1.01 |
Bank Owned Life Insurance Income |
- |
- |
- |
- |
- |
Gains Losses On Sales Of Other Real Estate Owned |
-0.80 |
-0.60 |
- |
-0.51 |
-0.63 |
Valuation Expenses Related To Foreclosed Properties And Former Bank Premises |
- |
- |
- |
- |
- |
Provision For Loan Lease And Other Losses Including Discontinued Operations |
1.93 |
1.34 |
0.11 |
4.77 |
4.57 |
Gains Losses On Sale Of Subsidiaries |
- |
- |
- |
- |
- |
Income taxes |
2.17 |
- |
- |
- |
25.06 |
Gain on Sale of Investments |
- |
- |
- |
- |
- |
Accounts Receivable |
- |
- |
- |
- |
- |
Accounts Payable |
- |
- |
- |
- |
- |
Accrued Expense |
- |
- |
- |
- |
- |
Deferred Revenue and Customer Advances and Deposits |
- |
- |
- |
- |
- |
Prepaid Expense and Other Assets |
- |
- |
- |
- |
- |
Other Working Capital |
-26.49 |
4.12 |
-8.23 |
-9.06 |
68.88 |
Other Noncash Items |
- |
- |
- |
- |
- |
Other net |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Operating Activities |
31.16 |
55.23 |
25.62 |
22.42 |
-1.56 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Operating Activities |
263.97 |
215.58 |
129.92 |
59.57 |
403.97 |
Capital Expenditures |
-5.10 |
-3.84 |
-3.23 |
-1.62 |
-2.86 |
Sale of Capital Items |
- |
45.81 |
- |
- |
- |
Short-term Investments Proceeds |
198.51 |
149.40 |
98.72 |
52.56 |
365.72 |
Payments to Acquire Held-to-maturity Securities |
-13.83 |
-13.83 |
-13.83 |
-13.83 |
-258.18 |
Proceeds from Sale of Foreclosed Assets |
56.46 |
5.85 |
4.81 |
0.53 |
13.54 |
Property Plant And Equipment Gross Period Increase Decrease |
- |
- |
- |
- |
- |
Real Estate Improvements |
- |
- |
- |
- |
- |
Proceeds From Sale of Available for Sale Securities and Restricted Stock |
- |
- |
- |
- |
- |
Proceeds From Bank Owned Life Insurance Settlements |
0.35 |
0.35 |
0.35 |
2.88 |
2.07 |
Proceeds From Sale Of Available For Sale Securities And Restricted Stock |
856.88 |
600.10 |
558.47 |
29.72 |
12.47 |
Restricted Cash and Investments Increase (Decrease) |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Loans and Leases |
-1,192.31 |
-839.54 |
-621.91 |
-145.26 |
-1,244.84 |
Payments for (Proceeds from) Deposits |
- |
- |
- |
- |
- |
Proceeds from Sale and Maturity of Other Investments |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Federal Reserve and Federal Home Loan Bank |
- |
- |
- |
- |
- |
Acquisition Net of Cash Acquired |
- |
- |
- |
- |
- |
Interest in Subsidiaries and Affiliates |
- |
- |
- |
- |
- |
Sale of businesses |
- |
- |
- |
- |
- |
Accounts payable |
- |
- |
- |
- |
- |
Receivables |
- |
- |
- |
- |
- |
Payments to Acquire Life Insurance Policies |
- |
- |
- |
- |
- |
Other Net |
-533.17 |
-425.43 |
-125.36 |
-45.63 |
-179.67 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
-589.21 |
-224.34 |
-60.34 |
405.57 |
-1,261.70 |
Short-term debt Net |
-398.00 |
-688.90 |
-388.98 |
-910.08 |
1,200.97 |
Other borrowing transactions |
- |
- |
- |
- |
- |
Long-term debt - borrowings |
- |
- |
- |
- |
- |
Long-term debt - repayments |
- |
- |
- |
- |
- |
Federal Home Loan Bank and Federal Funds |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Comm. Stock |
0.78 |
0.56 |
0.47 |
0.47 |
-44.36 |
Partnership and Parent Transactions |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Pref. Stock |
- |
- |
- |
- |
- |
Deposits, Annuities, Contract Holders Funds |
886.42 |
854.80 |
480.29 |
524.22 |
-679.43 |
Other financing activities net |
- |
- |
- |
- |
- |
Other net |
-2.49 |
-2.38 |
-2.20 |
-2.12 |
-3.23 |
Repurchase Of Preferred Stock And Warrant |
- |
- |
- |
- |
- |
Stock Redeemed Or Called During Period Value |
- |
- |
- |
- |
- |
Payments For Taxes Paid Of Net Share Settlement Equity Awards |
- |
- |
- |
- |
- |
Increase Decrease In Money Market Accounts |
- |
- |
- |
- |
- |
Adjustmentsto Additional Paidin Capital Warrant Canceled |
- |
- |
- |
- |
- |
Payments for Cancellation of Warrants |
- |
- |
- |
- |
- |
Payments For Cancellation Of Warrants |
- |
- |
- |
- |
- |
Adjustments To Additional Paid In Capital Warrant Canceled |
- |
- |
- |
- |
- |
Payments of Ordinary Dividends, Preferred Stock and Preference Stock |
- |
-8.90 |
-5.93 |
-2.97 |
-11.87 |
Dividends paid |
-103.29 |
-67.41 |
-44.92 |
-22.42 |
-86.90 |
Net Cash flow from
Financing Activities |
383.42 |
87.76 |
38.74 |
-412.88 |
375.18 |
Effect of exchange rate on cash flow |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
258.87 |
257.55 |
126.69 |
57.94 |
401.11 |
Total Cash Flow |
58.18 |
79.00 |
108.32 |
52.25 |
-482.55 |
Cash & cash equiv. at beg.
of the Year |
- |
- |
- |
- |
- |
Cash & cash equivalents at
end of period |
- |
- |
- |
- |
- |
Cash Interests paid |
- |
- |
- |
- |
- |
Cash Income taxes paid |
- |
- |
- |
- |
- |