Travelers Companies, Inc. (TRV) FY2026 Q3 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-07-01 to 2026-09-30

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Travelers Companies, Inc. cash flow reconciliation, Jul 1, 2026 through Sep 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $1,917,000,000.00Amortization of deferred acquisition costs → Operating adjustments reconciliation: $1,856,000,000.00Claims and claim adjustment expense reserves → Operating adjustments reconciliation: $903,000,000.00Other operating activities → Operating adjustments reconciliation: $661,000,000.00Premiums receivable → Operating adjustments reconciliation: $241,000,000.00Unearned premium reserves → Operating adjustments reconciliation: $198,000,000.00Depreciation and amortization → Operating adjustments reconciliation: $174,000,000.00Net realized investment (gains) losses → Operating adjustments reconciliation: $34,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $1,961,000,000.00Operating adjustments reconciliation → Deferred acquisition costs: $1,907,000,000.00Operating adjustments reconciliation → Equity in income from other investments: $72,000,000.00Operating adjustments reconciliation → Reinsurance recoverables: $68,000,000.00Operating adjustments reconciliation → Deferred federal income tax expense (benefit): $59,000,000.00Proceeds from maturities of fixed maturities → investing reconciliation: $2,823,000,000.00Fixed maturities → investing reconciliation: $532,000,000.00Securities transactions in the course of settlement → investing reconciliation: $352,000,000.00Other investments → investing reconciliation: $78,000,000.00Equity securities → investing reconciliation: $18,000,000.00Proceeds from the divestiture of the Canadian business → investing reconciliation: $4,000,000.00investing reconciliation → Fixed maturities: $5,386,000,000.00investing reconciliation → Net sales (purchases) of short-term securities: $982,000,000.00investing reconciliation → Other investing activities: $130,000,000.00investing reconciliation → Other investments: $89,000,000.00investing reconciliation → Equity securities: $21,000,000.00investing reconciliation → Real estate investments: $12,000,000.00Net cash used in financing activities → financing reconciliation: $919,000,000.00Issuance of debt → financing reconciliation: $744,000,000.00Issuance of common stock — employee share options → financing reconciliation: $88,000,000.00financing reconciliation → Treasury stock acquired — share repurchase authorizations: $1,487,000,000.00financing reconciliation → Dividends paid to shareholders: $259,000,000.00financing reconciliation → Treasury stock acquired — net employee share-based compensation: $5,000,000.00Net cash used in investing activities → investing reconciliation: $2,813,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $621,000,000.00Net cash from operating activities → Cash sources and uses: $3,878,000,000.00Cash sources and uses → Exchange-rate effect: $1,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $766,000,000.00Cash sources and uses → Net cash used in investing activities: $2,813,000,000.00Cash sources and uses → Net cash used in financing activities: $919,000,000.00Net income: $1,917,000,000.00Net income+$1.92 BNet realized investment (gains) losses: $34,000,000.00Realized investment gain & loss+$34.00 MDepreciation and amortization: $174,000,000.00Depreciation & amortization+$174.00 MDeferred federal income tax expense (benefit): -$59,000,000.00Deferred federal income tax−$59.00 MAmortization of deferred acquisition costs: $1,856,000,000.00Deferred acquisition cost amort.+$1.86 BEquity in income from other investments: -$72,000,000.00Equity-method results−$72.00 MPremiums receivable: $241,000,000.00Premiums receivable+$241.00 MReinsurance recoverables: -$68,000,000.00Reinsurance recoverables−$68.00 MDeferred acquisition costs: -$1,907,000,000.00Deferred acquisition costs−$1.91 BClaims and claim adjustment expense reserves: $903,000,000.00Claims reserves+$903.00 MUnearned premium reserves: $198,000,000.00Unearned premiums+$198.00 MOther operating activities: $661,000,000.00Other operating, net+$661.00 MNet cash from operating activities: $3,878,000,000.00Operating cash+$3.88 BOperating adjustments reconciliation: $4,067,000,000.00Treasury stock acquired — share repurchase authorizations: -$1,487,000,000.00Common stock repurchases−$1.49 BTreasury stock acquired — net employee share-based compensation: -$5,000,000.00Stock-award tax withholding−$5.00 MDividends paid to shareholders: -$259,000,000.00Common dividends paid−$259.00 MPayment of debt: $0.00Issuance of debt: $744,000,000.00Debt issued, net of costs+$744.00 MIssuance of common stock — employee share options: $88,000,000.00Stock option exercises+$88.00 MNet cash used in financing activities: -$919,000,000.00. Cash required to fund net payments.Financing cash−$919.00 Mfinancing reconciliation: $1,751,000,000.00Proceeds from maturities of fixed maturities: $2,823,000,000.00AFS securities maturities+$2.82 BFixed maturities: $532,000,000.00AFS securities sales+$532.00 MEquity securities: $18,000,000.00Equity securities sales+$18.00 MReal estate investments: $0.00Other investments: $78,000,000.00Other investment proceeds+$78.00 MFixed maturities: -$5,386,000,000.00AFS securities purchases−$5.39 BEquity securities: -$21,000,000.00Equity securities purchases−$21.00 MReal estate investments: -$12,000,000.00Real estate investments−$12.00 MOther investments: -$89,000,000.00Other investment purchases−$89.00 MNet sales (purchases) of short-term securities: -$982,000,000.00Short-term securities sales, net−$982.00 MSecurities transactions in the course of settlement: $352,000,000.00Securities in settlement+$352.00 MProceeds from the divestiture of the Canadian business: $4,000,000.00Business sales+$4.00 MOther investing activities: -$130,000,000.00Other investing, net−$130.00 MNet cash used in investing activities: -$2,813,000,000.00. Cash required to fund net payments.Investing cash−$2.81 Binvesting reconciliation: $6,620,000,000.00Cash sources and uses: $4,499,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $621,000,000.00Beginning cash$621.00 MEnding cash: Cash, cash equivalents, and restricted cash: $766,000,000.00Ending cash$766.00 MExchange-rate effect: -$1,000,000.00FX effect−$1.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flowNot availableCash flow / Net income2.02×Operating cash flow ÷ net incomeNet cash change+$145.00 MEnding cash − beginning cash
Chart details

Travelers Companies, Inc. cash flow reconciliation, Jul 1, 2026 through Sep 30, 2026

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

Beginning cash on Jun 30, 2026
621,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
3,878,000,000 US dollars. Net cash provided.
Net income
1,917,000,000 US dollars
Net realized investment (gains) losses
34,000,000 US dollars
Depreciation and amortization
174,000,000 US dollars
Deferred federal income tax expense (benefit)
negative 59,000,000 US dollars
Amortization of deferred acquisition costs
1,856,000,000 US dollars
Equity in income from other investments
negative 72,000,000 US dollars
Premiums receivable
241,000,000 US dollars
Reinsurance recoverables
negative 68,000,000 US dollars
Deferred acquisition costs
negative 1,907,000,000 US dollars
Claims and claim adjustment expense reserves
903,000,000 US dollars
Unearned premium reserves
198,000,000 US dollars
Other operating activities
661,000,000 US dollars
Investing activities
negative 2,813,000,000 US dollars. Net cash used.
Proceeds from maturities of fixed maturities
2,823,000,000 US dollars
Fixed maturities
532,000,000 US dollars
Equity securities
18,000,000 US dollars
Real estate investments
0 US dollars
Other investments
78,000,000 US dollars
Fixed maturities
negative 5,386,000,000 US dollars
Equity securities
negative 21,000,000 US dollars
Real estate investments
negative 12,000,000 US dollars
Other investments
negative 89,000,000 US dollars
Net sales (purchases) of short-term securities
negative 982,000,000 US dollars
Securities transactions in the course of settlement
352,000,000 US dollars
Proceeds from the divestiture of the Canadian business
4,000,000 US dollars
Other investing activities
negative 130,000,000 US dollars
Financing activities
negative 919,000,000 US dollars. Net cash used.
Treasury stock acquired — share repurchase authorizations
negative 1,487,000,000 US dollars
Treasury stock acquired — net employee share-based compensation
negative 5,000,000 US dollars
Dividends paid to shareholders
negative 259,000,000 US dollars
Payment of debt
0 US dollars
Issuance of debt
744,000,000 US dollars
Issuance of common stock — employee share options
88,000,000 US dollars
Operating adjustment reconciliation
4,067,000,000 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
1,751,000,000 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
6,620,000,000 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 1,000,000 US dollars
Ending cash on Sep 30, 2026
766,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
4,499,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
145,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
2.02×. 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.

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 $1.96B 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.
Travelers Companies, Inc. (TRV) FY2026 Q3 Statement of Cash Flows Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

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