Humana 2013 Annual Report Download - page 161

Download and view the complete annual report

Please find page 161 of the 2013 Humana annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 168

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168

Humana Inc.
SCHEDULE I—PARENT COMPANY FINANCIAL INFORMATION
CONDENSED STATEMENTS OF CASH FLOWS
For the year ended December 31,
2013 2012 2011
(in millions)
Net cash provided by operating activities ............................... $1,554 $ 1,611 $1,106
Cash flows from investing activities:
Acquisitions ................................................... 0 (1,235) (223)
Capital contributions to operating subsidiaries ......................... (521) (629) (214)
Purchases of investment securities .................................. (320) (338) (632)
Proceeds from sale of investment securities ........................... 35 127 10
Maturities of investment securities .................................. 104 316 548
Purchases of property and equipment, net ............................ (223) (284) (225)
Net cash used in investing activities ............................. (925) (2,043) (736)
Cash flows from financing activities:
Proceeds from issuance of senior notes, net ........................... 0 990 0
Change in book overdraft ......................................... 7 7 (21)
Common stock repurchases ....................................... (531) (518) (541)
Dividends paid ................................................. (168) (165) (82)
Tax benefit from stock-based compensation .......................... 8 22 15
Proceeds from stock option exercises and other ........................ 65 60 132
Net cash (used in) provided by financing activities ................. (619) 396 (497)
Increase (decrease) in cash and cash equivalents ........................... 10 (36) (127)
Cash and cash equivalents at beginning of year ............................ 151 187 314
Cash and cash equivalents at end of year ................................. $ 161 $ 151 $ 187
See accompanying notes to the parent company financial statements.
151