# The Hartford Insurance Group, Inc. (HIG) FY2024 Annual Statement of Cash Flows

- Company: The Hartford Insurance Group, Inc. (HIG)
- Period: 2024-01-01 to 2024-12-31
- Filing: FY2024 10-K, filed 2025-02-21, accession number 0000874766-25-000023
- Page: https://plicit.ai/financials/hig/fy2024-annual-cash-flow
- Chart image: https://plicit.ai/charts/hig-fy2024-annual-cash-flow-sankey.png

## Chart details

Cash flows for Jan 1, 2024 through Dec 31, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2023. Ending cash: Dec 31, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Dec 31, 2023**: 189,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 5,909,000,000 US dollars. Net cash provided.
- **Net income**: 3,111,000,000 US dollars
- **Net realized losses**: 61,000,000 US dollars
- **Amortization of deferred policy acquisition costs**: 2,282,000,000 US dollars
- **Additions to deferred policy acquisition costs**: negative 2,408,000,000 US dollars
- **Depreciation and amortization**: 356,000,000 US dollars
- **Loss on extinguishment of debt**: 0 US dollars
- **Other operating activities, net**: 329,000,000 US dollars
- **Increase in reinsurance recoverables**: negative 54,000,000 US dollars
- **Net change in accrued and deferred income taxes**: negative 100,000,000 US dollars
- **Increase in insurance liabilities**: 3,058,000,000 US dollars
- **Increase (Decrease) in Premiums Receivable**: negative 458,000,000 US dollars
- **Net change in other assets and other liabilities**: negative 268,000,000 US dollars
- **Investing activities**: negative 3,768,000,000 US dollars. Net cash used.
- **Fixed maturities, AFS**: 10,808,000,000 US dollars
- **Proceeds From Sale and Maturity of Fair Value Option, Fixed Maturity Securties**: 50,000,000 US dollars
- **Proceeds from Sale and Maturity of Marketable Securities**: 401,000,000 US dollars
- **Mortgage loans**: 740,000,000 US dollars
- **Limited partnerships and other alternative investments**: 238,000,000 US dollars
- **Fixed maturities, AFS**: negative 14,023,000,000 US dollars
- **Payments for the purchase of Fair Value Option Fixed Maturity Securties**: negative 52,000,000 US dollars
- **Equity securities at fair value**: negative 44,000,000 US dollars
- **Mortgage loans**: negative 1,025,000,000 US dollars
- **Limited partnerships and other alternative investments**: negative 664,000,000 US dollars
- **Net proceeds from (payments for) derivatives**: 35,000,000 US dollars
- **Net additions to property and equipment**: negative 145,000,000 US dollars
- **Net payments for short-term investments**: negative 80,000,000 US dollars
- **Other investing activities, net**: negative 7,000,000 US dollars
- **Financing activities**: negative 2,076,000,000 US dollars. Net cash used.
- **Deposits and other additions to investment and universal life-type contracts**: 108,000,000 US dollars
- **Withdrawals and other deductions from investment and universal life-type contracts**: negative 115,000,000 US dollars
- **Repayment of debt**: 0 US dollars
- **Net issuance (return of) shares under incentive and stock compensation plans, including related excise tax benefit**: 22,000,000 US dollars
- **Treasury stock acquired, including related excise tax paid**: negative 1,514,000,000 US dollars
- **Payments for Repurchase of Preferred Stock and Preference Stock**: negative 21,000,000 US dollars
- **Dividends paid on common stock**: negative 556,000,000 US dollars
- **Operating adjustment reconciliation**: 6,086,000,000 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**: 2,206,000,000 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**: 16,040,000,000 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**: negative 20,000,000 US dollars
- **Ending cash on Dec 31, 2024**: 234,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 6,098,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: 45,000,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: 1.90×. 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**: 5,909,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **Cash purchases of property, plant and equipment**: 145,000,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: 5,764,000,000 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 enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $2.80B after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced 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: 5,909,000,000 US dollars minus 145,000,000 US dollars equals 5,764,000,000 US dollars.