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 |
348.41 |
337.53 |
290.35 |
36.98 |
203.16 |
Depreciation & amortization |
- |
- |
- |
- |
- |
Amortization of Other Assets |
66.53 |
43.47 |
17.98 |
- |
2.75 |
Extraordinary Item, Gain (Loss), Insurance Assets, Accretion Expense
|
- |
- |
- |
- |
- |
Restructuring & Impairment Charges |
-199.33 |
5.29 |
-226.48 |
3.42 |
4.03 |
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 |
7.55 |
6.19 |
3.92 |
1.85 |
7.50 |
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions |
2.93 |
0.86 |
0.47 |
-0.06 |
-9.33 |
Increase (Decrease) in Derivative Assets and Liabilities |
12.37 |
22.81 |
13.67 |
-4.12 |
56.90 |
Mortgage Loans On Real Estate Amortization Of Premium |
- |
- |
- |
- |
- |
Accretion Amortization Of Discounts And Premiums Other Investments |
- |
- |
- |
- |
- |
Gain Loss On Sales Of Mortgage Loans Held For Sale |
- |
- |
- |
- |
- |
Dividends Payable Current And Noncurrent |
- |
- |
- |
- |
- |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest |
- |
- |
- |
- |
- |
Payments For Origination Of Loans Held For Sale At Fair Value |
48.75 |
39.67 |
30.22 |
132.67 |
-1,998.00 |
Amortization Of Financing Costs And Intangible Assets |
- |
- |
9.77 |
-17.73 |
-10.30 |
Provision For Loan Losses Expensed |
0.54 |
12.69 |
-6.73 |
0.58 |
-2.85 |
Charge Off Of Real Estate Acquired In Settlement Of Loans |
- |
- |
- |
- |
- |
Increase Decrease In Repair And Denial Reserve |
-3.04 |
-0.94 |
0.20 |
-7.26 |
-3.61 |
Gain Loss On Derivative Instruments Held For Trading Purposes Net |
- |
- |
- |
- |
- |
Proceeds From Sale And Principal Repayments On Loans Held For Sale At Fair Value |
- |
- |
- |
- |
2,070.33 |
Realized Gains Losses Net |
-67.60 |
-49.55 |
-19.70 |
-61.10 |
-28.96 |
Increase Decrease In Assets Of Consolidated Vies Accrued Interest And Due From Servicers |
-18.43 |
-13.14 |
-9.92 |
-15.53 |
-9.65 |
Purchased Future Receivables Net Of Payoffs |
-14.59 |
-8.90 |
-3.92 |
-2.10 |
-1.27 |
Income taxes |
- |
- |
- |
- |
- |
Losses/ -gains on Investments net |
- |
- |
- |
- |
- |
Accounts Receivable |
34.53 |
-34.63 |
-42.95 |
-42.91 |
-44.23 |
Accounts Payable |
- |
- |
- |
- |
- |
Accrued Expense |
- |
- |
- |
- |
- |
Deferred Revenue and Customer Advances and Deposits |
- |
- |
- |
- |
- |
Prepaid Expense and Other Assets |
- |
- |
- |
- |
- |
Other Working Capital |
-91.89 |
-27.92 |
-7.66 |
-10.07 |
-5.17 |
Other Noncash Items |
- |
- |
- |
- |
- |
Other net |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Operating Activities |
-345.46 |
-218.44 |
8.11 |
14.08 |
-66.19 |
Discontinued operations |
-52.56 |
- |
- |
- |
- |
Net Cash flow from
Operating Activities |
51.13 |
80.78 |
37.24 |
-0.91 |
359.15 |
Capital Expenditures |
-12.46 |
-7.81 |
-3.97 |
-1.68 |
-10.97 |
Sale of Capital Items |
78.00 |
47.88 |
34.78 |
33.76 |
7.52 |
Proceeds from Sale of Mortgage Backed Securities (MBS) categorized as Available-for-sale |
8.06 |
- |
- |
- |
88.51 |
Payments to Acquire Held-to-maturity Securities |
-0.14 |
-0.14 |
-0.14 |
- |
-5.85 |
Real Estate Investments |
- |
- |
- |
- |
- |
Proceeds From Sale Of Real Estate Securities |
- |
- |
- |
- |
- |
Proceeds Received For Final Reconciliation Of Purchase Price |
- |
- |
- |
- |
- |
Origination Of Mortgage Loans Held For Investment |
- |
- |
- |
- |
- |
Payments For Origination Of Loans Held At Fair Value |
-868.85 |
-616.73 |
-283.37 |
-2,909.08 |
-2,302.05 |
Payments For Origination Of Loans Held For Investment |
- |
- |
- |
- |
- |
Payments For Participation Liabilities |
-7.92 |
-6.24 |
-0.78 |
-19.55 |
-20.11 |
Proceeds From Sale And Principal Repayments On Loans Held At Fair Value |
1,271.88 |
794.15 |
252.61 |
1,152.34 |
672.33 |
Proceeds From Sale And Principal Repayments On Loans Held For Investment |
- |
- |
- |
- |
- |
Payments For Origination Of Paycheck Protection Program Loans |
- |
- |
- |
- |
- |
Payments To Acquire Paycheck Protection Program Loans |
- |
- |
- |
- |
- |
Proceeds From Disposition And Principal Payment Of Paycheck Protection Program Loans |
- |
- |
- |
- |
- |
Restricted Cash and Investments Increase (Decrease) |
- |
- |
- |
- |
- |
Payments to Acquire Loans Held-for-investment |
- |
-1.73 |
-1.27 |
-0.52 |
-678.39 |
Payments for (Proceeds from) Deposits |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investments |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Federal Reserve and Federal Home Loan Bank |
- |
- |
- |
- |
- |
Payments to Acquire Businesses, Net of Cash Acquired |
38.71 |
38.71 |
38.71 |
- |
123.57 |
Interest in Subsidiaries and Affiliates |
-17.61 |
-18.33 |
-4.34 |
4.53 |
31.84 |
Cash Divested from Deconsolidation |
- |
- |
- |
- |
0.14 |
Accounts payable |
- |
- |
- |
- |
- |
Receivables |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investing Activities |
- |
- |
- |
- |
- |
Other Net |
161.00 |
136.57 |
98.66 |
43.34 |
734.21 |
Discontinued operations |
-1.91 |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
1,019.44 |
590.26 |
333.62 |
47.90 |
-1,556.43 |
Short-term debt Net |
-564.66 |
-464.37 |
-453.96 |
-363.38 |
263.43 |
Other borrowing transactions |
-32.21 |
-29.40 |
-21.13 |
-9.32 |
-43.83 |
Long-term debt - borrowings |
- |
- |
- |
- |
220.15 |
Long-term debt - repayments |
-115.00 |
-115.00 |
- |
- |
- |
Federal Home Loan Bank and Federal Funds |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Comm. Stock |
-18.00 |
-18.00 |
-17.99 |
0.11 |
86.52 |
Partnership and Parent Transactions |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Pref. Stock |
-0.01 |
-0.17 |
-0.10 |
-0.10 |
-14.32 |
Deposits, Annuities, Contract Holders Funds |
- |
- |
- |
- |
- |
Other financing activities net |
- |
- |
- |
- |
- |
Other net |
-186.60 |
-193.47 |
-125.67 |
-64.19 |
-756.91 |
Payments Of Dividends Common Stock And Noncontrolling Interest |
- |
- |
- |
- |
- |
Proceeds From Treasury Securities Repurchase Agreement Borrowings |
- |
- |
- |
- |
- |
Repayments Of Securitized Debt Obligations Consolidated Variable Interest Entity |
-770.56 |
-500.26 |
-86.35 |
-501.07 |
-390.58 |
Payments Of Borrowings Under Repurchase Agreements |
- |
- |
- |
- |
- |
Payment Of Guaranteed Loan Financing |
-92.33 |
-49.12 |
-31.56 |
-86.05 |
-61.91 |
Proceeds From Borrowings Under Repurchase Agreements |
- |
- |
- |
- |
- |
Proceeds From Issuance Of Securitized Debt Obligations Consolidated Variable Interest Entity |
1,120.82 |
988.84 |
482.27 |
1,735.34 |
1,735.34 |
Stock Issued During Period Shares Acquisitions |
- |
- |
- |
- |
- |
Deconsolidation Of Borrowings In Securitization Trusts |
- |
- |
- |
- |
- |
Stock Issued During Period Shares Issued To Investment Manager Pursuant To Management Agreement. |
- |
- |
- |
- |
- |
Sale Of Subsidiary Interest To Noncontrolling Interests |
- |
- |
- |
- |
- |
Transfer To Other Real Estate |
56.71 |
24.39 |
22.39 |
1.53 |
0.50 |
Dividends Common Stock Stock |
- |
- |
- |
- |
- |
Payments of Dividends, Preferred Stock and Preference Stock |
- |
- |
- |
- |
- |
Dividends paid |
-215.09 |
-150.31 |
-123.93 |
-47.18 |
-187.83 |
Net Cash flow from
Financing Activities |
-1,085.09 |
-656.08 |
-278.94 |
-97.31 |
1,170.98 |
Effect of exchange rate on cash flow |
-11.10 |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
116.67 |
120.85 |
68.05 |
31.18 |
355.70 |
Total Cash Flow |
- |
14.96 |
91.92 |
-50.32 |
-26.30 |
Cash & cash equiv. at beg.
of the Year |
- |
- |
- |
- |
- |
Cash & cash equivalents at
end of period |
- |
- |
- |
- |
- |
Cash Interests paid |
- |
- |
- |
- |
- |
Cash Income taxes paid |
2.01 |
0.54 |
0.65 |
0.13 |
29.16 |