← AMERICAN 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
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — — — — $898.0m $852.0m $887.0m $842.0m
Net Income (Loss) Attributable to Parent $649.0m $475.0m $530.0m $897.0m $732.0m $2.0b $898.0m $852.0m $887.0m $842.0m
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $668.0m $477.0m $517.0m $869.0m $721.0m $2.0b $898.0m — — —
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — — — — — — $852.0m — —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — — $1.1b $898.0m — — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest — — — — — $914.0m $0 — — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent — — — — — — — $0 — —
Net Income (Loss) Attributable to Noncontrolling Interest $19.0m $2.0m ($13.0m) ($28.0m) ($11.0m) $0 $0 — — —
Depreciation, Amortization and Accretion, Net $134.0m $107.0m $210.0m $259.0m $299.0m $187.0m $100.0m $78.0m $81.0m $86.0m
Amortization of Intangible Assets $8.0m $8.0m $9.0m $11.0m $12.0m $6.0m $11.0m $15.0m $20.0m $20.0m
Deferred Policy Acquisition Costs, Amortization Expense — — — — — $580.0m $641.0m $720.0m $766.0m $775.0m
Deferred Policy Acquisition Costs and Present Value of Future Insurance Profits, Amortization $722.0m $744.0m $908.0m $860.0m $757.0m — — — — —
Amortization Of Securities — — — — — ($98.0m) $0 $0 — —
Deferred Income Tax Expense (Benefit) — — — — — — — — — $41.0m
Share-based Payment Arrangement, Expense $28.0m $30.0m $23.0m $23.0m $20.0m $16.0m $19.0m $18.0m $18.0m $18.0m
Impairment of Intangible Assets, Finite-lived — — — — — — — — — $2.0m
Marketable Securities, Realized Gain (Loss), Excluding Other-than-temporary Impairment Loss $135.0m $78.0m ($247.0m) $306.0m — — — — — —
Income (Loss) from Equity Method Investments — — — — — $321.0m $267.0m $99.0m $46.0m $56.0m
Income Tax Expense (Benefit) $119.0m $247.0m $122.0m $239.0m $127.0m $254.0m $225.0m $221.0m $237.0m $231.0m
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Other Operating Assets $467.0m ($13.0m) ($96.0m) $406.0m ($138.0m) ($344.0m) $138.0m $19.0m ($10.0m) ($62.0m)
Debt and Equity Securities, Realized Gain (Loss) — — — — — — — — $0 $10.0m
Debt Securities, Available-for-sale, Allowance for Credit Loss, Not Previously Recorded — — — — $68.0m $1.0m $5.0m $9.0m $26.0m $9.0m
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal $2.0m $0 $0 — — — — — — —
Equity Securities, FV-NI, Unrealized Gain (Loss) — — — — — — — $34.0m $80.0m $17.0m
Goodwill $199.0m $199.0m $207.0m $207.0m $207.0m $246.0m $246.0m $305.0m $305.0m $327.0m
Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims $2.8b $3.0b $3.0b $3.3b $3.3b $3.2b $3.6b $4.0b $4.5b $4.4b
Proceeds from Stock Options Exercised — $33.0m $29.0m $31.0m $14.0m $58.0m $7.0m $4.0m $6.0m $1.0m
Realized Investment Gains (Losses) $61.0m $23.0m ($265.0m) $288.0m $313.0m $1.1b ($110.0m) ($38.0m) $0 $12.0m
Beginning Cash Position — — — — — — $2.1b $872.0m $1.2b $1.4b
Cash Flow From Continuing Financing Activities — — — — — — ($1.4b) ($2.0b) ($1.1b) ($377.0m)
Cash Flow From Continuing Investing Activities — — — — — — ($1.1b) $414.0m $95.0m ($835.0m)
Change In Account Payable — — — — — — $115.0m $151.0m $5.0m $3.0m
Change In Other Current Assets — — — — — — ($138.0m) ($19.0m) $10.0m $62.0m
Change In Other Current Liabilities — — — — — — ($69.0m) $72.0m ($153.0m) $44.0m
Change In Other Working Capital — — — — — — ($183.0m) $305.0m ($80.0m) $70.0m
Change In Payable — — — — — — $115.0m $151.0m $5.0m $3.0m
Change In Payables And Accrued Expense — — — — — — $115.0m $151.0m $5.0m $3.0m
Change In Receivables — — — — — — ($644.0m) ($794.0m) ($769.0m) ($628.0m)
Change In Working Capital — — — — — — $186.0m $1.0b $238.0m $617.0m
Changes In Cash — — — — — — ($1.3b) $353.0m $181.0m $321.0m
End Cash Position — — — — — — $872.0m $1.2b $1.4b $1.7b
Financing Cash Flow — — — — — — ($1.4b) ($2.0b) ($1.1b) ($377.0m)
Free Cash Flow — — — — — — $1.2b $2.0b $1.2b $1.5b
Gain Loss On Investment Securities — — — — — ($1.1b) $110.0m $38.0m — ($12.0m)
Investing Cash Flow — — — — — — ($1.1b) $414.0m $95.0m ($835.0m)
Issuance Of Capital Stock — — — — — — $16.0m $15.0m $17.0m $12.0m
Net Business Purchase And Sale — — — — — — ($10.0m) ($208.0m) ($9.0m) ($4.0m)
Operating Gains Losses — — — — — ($1.1b) $110.0m $38.0m — ($12.0m)
Other Non Cash Items — — — — — ($44.0m) ($141.0m) ($31.0m) ($54.0m) —
Purchase Of Business — — — — — — ($10.0m) ($234.0m) ($9.0m) ($7.0m)
Repurchase Of Capital Stock — — — — — — ($11.0m) ($213.0m) $0 ($99.0m)
Sale Of Business — — — — — — $0 $26.0m $0 $3.0m
Gain (Loss) on Derivative Instruments, Net, Pretax — — — — — — — — $1.0m $13.0m
Net Cash Provided by (Used in) Operating Activities $1.1b $1.8b $2.1b $2.5b $2.2b $1.7b $1.2b $2.0b $1.2b $1.5b
Cash flows from investing activities:
Net Investment Properties Purchase And Sale — — — — — — ($55.0m) ($69.0m) ($103.0m) ($133.0m)
Net Investment Purchase And Sale — — — — — — ($827.0m) $663.0m $362.0m ($545.0m)
Purchase Of Investment — — — — — — ($6.3b) ($3.8b) ($4.5b) ($5.4b)
Purchase Of Investment Properties — — — — — — ($86.0m) ($72.0m) ($133.0m) ($135.0m)
Sale Of Investment — — — — — — $5.5b $4.4b $4.8b $4.8b
Sale Of Investment Properties — — — — — — $31.0m $3.0m $30.0m $2.0m
Payments for (Proceeds from) Other Investing Activities $83.0m ($2.0m) ($30.0m) $3.0m $1.0m ($32.0m) $4.0m $6.0m $5.0m ($7.0m)
Net Other Investing Changes — — — — — — ($4.0m) ($6.0m) ($5.0m) $7.0m
Net Cash Provided by (Used in) Investing Activities ($3.0b) ($3.3b) ($5.3b) ($3.1b) ($1.6b) ($436.0m) ($1.1b) $414.0m $95.0m ($835.0m)
Cash flows from financing activities:
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $4.7b $6.1b $4.9b $4.6b $5.7b $5.0b $2.5b $1.3b $2.1b $2.4b
Proceeds from Issuance of Long-term Debt $302.0m $712.0m $0 $315.0m $634.0m $0 $0 — — $344.0m
Issuance Of Debt — — — — — — $0 $0 $0 $344.0m
Long Term Debt Issuance — — — — — — $0 $0 $0 $344.0m
Net Issuance Payments Of Debt — — — — — — ($477.0m) ($21.0m) $0 $344.0m
Net Long Term Debt Issuance — — — — — — ($477.0m) ($21.0m) — $344.0m
Repayments of Long-term Debt $18.0m $745.0m $0 $150.0m $150.0m $0 $477.0m $21.0m $0 $0
Long Term Debt Payments — — — — — — ($477.0m) ($21.0m) $0 $0
Repayment Of Debt — — — — — — ($477.0m) ($21.0m) $0 $0
Proceeds from Issuance of Common Stock $35.0m $37.0m $33.0m $36.0m $22.0m $66.0m $16.0m $15.0m $17.0m $12.0m
Common Stock Issuance — — — — — — $16.0m $15.0m $17.0m $12.0m
Net Common Stock Issuance — — — — — — $5.0m ($198.0m) $17.0m ($87.0m)
Payments for Repurchase of Common Stock $133.0m $0 $6.0m $0 $313.0m $319.0m $11.0m $213.0m $0 $99.0m
Payments of Ordinary Dividends, Common Stock $185.0m $417.0m $394.0m $444.0m $334.0m $2.4b $1.2b $684.0m $788.0m $606.0m
Common Stock Payments — — — — — — ($11.0m) ($213.0m) $0 ($99.0m)
Cash Dividends Paid — — — — — — ($1.2b) ($684.0m) ($788.0m) ($606.0m)
Common Stock Dividend Paid — — — — — — ($1.2b) ($684.0m) ($788.0m) ($606.0m)
Proceeds from (Payments for) Other Financing Activities ($13.0m) ($4.0m) $0 $0 — — — — — —
Net Other Financing Charges — — — — — — $324.0m ($1.1b) ($295.0m) ($28.0m)
Net Cash Provided by (Used in) Financing Activities $2.7b $1.7b $2.4b $1.4b ($123.0m) ($2.0b) ($1.4b) ($2.0b) ($1.1b) ($377.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — — $496.0m ($679.0m) ($1.3b) $353.0m $181.0m $321.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — — — — $872.0m $1.2b $1.4b $1.7b
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — — — — ($1.3b) $353.0m $181.0m $321.0m
Income Taxes Paid, Net $308.0m $194.0m $156.0m $278.0m $179.0m $212.0m $242.0m $201.0m $201.0m $168.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.