Voya 2013 Annual Report Download - page 399

ING U.S., Inc.
Schedule II
Financial Information of Parent
Statements of Cash Flows (Continued)
(In millions)
Years Ended December 31,
2013 2012 2011
Cash Flows from Financing Activities:
Short-term debt, net .......................................... (171.6) (309.1) (359.0)
Proceeds from issuance of long-term debt ......................... 2,146.8 3,048.5 548.5
Repayment of long-term debt ................................... (1,370.4) (902.5) (573.8)
Debt issuance costs ........................................... (26.5) (38.8) —
Net (repayments of) proceeds from loans to subsidiaries ............. (319.1) (2,037.3) (40.8)
Proceeds from issuance of common stock, net ...................... 571.6 — —
Dividends paid .............................................. (5.2) — —
Net cash provided by (used in) financing activities ...................... 825.6 (239.2) (425.1)
Net increase (decrease) in cash and cash equivalents .................... 282.7 356.2 (1.7)
Cash and cash equivalents, beginning of year .......................... 357.5 1.3 3.0
Cash and cash equivalents, end of year ............................... $ 640.2 $ 357.5 $ 1.3
Supplemental cash flow information:
Income taxes paid, net ........................................ $ 43.0 $ 5.2 $ 13.6
Interest paid ................................................ 90.6 33.4 52.6
Non-cash financing activity:
Debt extinguishment .......................................... $ — $ — $3,979.7
Capital contribution .......................................... — — 3,979.7
The accompanying notes are an integral part of this Financial Information.
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