# CINCINNATI FINANCIAL CORPORATION (CINF) FY2026 Q2 Statement of Cash Flows

- Company: CINCINNATI FINANCIAL CORPORATION (CINF)
- Period: 2026-04-01 to 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-07-27, accession number 0000020286-26-000045
- Page: https://plicit.ai/financials/cinf/fy2026-q2-cash-flow
- Chart image: https://plicit.ai/charts/cinf-fy2026-q2-cash-flow-sankey.png

## Chart details

Cash flows for Apr 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Mar 31, 2026. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Mar 31, 2026**: 1,210,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 700,000,000 US dollars. Net cash provided.
- **Net Income**: 1,255,000,000 US dollars
- **Depreciation, amortization and other**: 42,000,000 US dollars
- **Investment gains and losses, net**: negative 1,306,000,000 US dollars
- **Interest credited to contract holders**: 10,000,000 US dollars
- **Deferred income tax expense**: 139,000,000 US dollars
- **Premiums and reinsurance receivable**: negative 260,000,000 US dollars
- **Deferred policy acquisition costs**: negative 58,000,000 US dollars
- **Other assets**: negative 7,000,000 US dollars
- **Loss and loss expense reserves**: 520,000,000 US dollars
- **Life policy and investment contract reserves**: 22,000,000 US dollars
- **Unearned premiums**: 300,000,000 US dollars
- **Other liabilities**: 125,000,000 US dollars
- **Current income tax receivable/payable**: negative 82,000,000 US dollars
- **Investing activities**: 243,000,000 US dollars. Net cash provided.
- **Sale, call or maturity of fixed maturities**: 639,000,000 US dollars
- **Sale of equity securities**: 741,000,000 US dollars
- **Purchase of fixed maturities**: negative 955,000,000 US dollars
- **Purchase of equity securities**: negative 63,000,000 US dollars
- **Change in short-term investments**: negative 92,000,000 US dollars
- **Changes in finance receivables**: negative 2,000,000 US dollars
- **Investment in building and equipment**: negative 2,000,000 US dollars
- **Change in other invested assets, net**: negative 23,000,000 US dollars
- **Financing activities**: negative 403,000,000 US dollars. Net cash used.
- **Payment of cash dividends to shareholders**: negative 143,000,000 US dollars
- **Shares acquired - share repurchase authorization**: negative 216,000,000 US dollars
- **Proceeds from stock options exercised**: 5,000,000 US dollars
- **Contract holders' funds deposited**: 17,000,000 US dollars
- **Contract holders' funds withdrawn**: negative 37,000,000 US dollars
- **Other**: negative 21,000,000 US dollars
- **Changes in note payable**: negative 8,000,000 US dollars
- **Operating adjustment reconciliation**: 1,713,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
- **financing gross reconciliation**: 425,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **investing gross reconciliation**: 1,380,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **Exchange-rate effect**: 0 US dollars
- **Ending cash on Jun 30, 2026**: 1,750,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 2,153,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: 540,000,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: 0.56×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
- **Operating cash flow**: 700,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **Cash purchases of property, plant and equipment**: 2,000,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: 698,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

### Chart connections

- Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
- Financing contributions meet at a reconciliation junction before connecting to the net cash total.
- Investing contributions meet at a reconciliation junction before connecting to the net cash total.
- Operating reconciliation adjustments are not all independent cash receipts.
- Net income exceeds operating cash. The diagram allocates $700.00M of net income directly to operating cash and $555.00M to the adjustment junction, where it combines with other additions to reconcile deductions. This is an accounting presentation, not a tracing of cash receipts.
- Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
- The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
- Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 700,000,000 US dollars minus 2,000,000 US dollars equals 698,000,000 US dollars.