2012 Q2 Form 10-Q Financial Statement

#000002117512000037 Filed on July 31, 2012

View on sec.gov

Income Statement

Concept 2012 Q2 2011 Q2
Revenue $2.246B $2.198B
YoY Change 2.18% -1.57%
Cost Of Revenue $1.342B $1.363B
YoY Change -1.54% 18.83%
Gross Profit $904.0M $835.0M
YoY Change 8.26% -23.11%
Gross Profit Margin 40.25% 37.99%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $309.0M $286.0M
YoY Change 8.04% -17.1%
% of Gross Profit 34.18% 34.25%
Operating Expenses $1.973B $1.979B
YoY Change -0.3% 13.09%
Operating Profit -$1.069B -$1.144B
YoY Change -6.56% 72.29%
Interest Expense $43.00M $43.00M
YoY Change 0.0% 16.22%
% of Operating Profit
Other Income/Expense, Net $111.0M $112.0M
YoY Change -0.89%
Pretax Income $230.0M $176.0M
YoY Change 30.68% -60.54%
Income Tax $64.00M $47.00M
% Of Pretax Income 27.83% 26.7%
Net Earnings $166.0M $124.0M
YoY Change 33.87% -56.18%
Net Earnings / Revenue 7.39% 5.64%
Basic Earnings Per Share $0.62 $0.46
Diluted Earnings Per Share $0.62 $0.46
COMMON SHARES
Basic Shares Outstanding 269.4M shares 269.3M shares
Diluted Shares Outstanding 269.8M shares 269.6M shares

Balance Sheet

Concept 2012 Q2 2011 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $310.0M $300.0M
YoY Change 3.33% -11.76%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $46.00B $43.38B
YoY Change 6.05% 0.34%
Other Assets $127.0M $376.0M
YoY Change -66.22% -55.56%
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $56.50B $55.77B
YoY Change 1.3% 0.18%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $83.00M $0.00
YoY Change
Total Short-Term Liabilities $83.00M
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $2.526B $2.648B
YoY Change -4.61% 17.48%
Other Long-Term Liabilities $3.231B $3.071B
YoY Change 5.21% 7.87%
Total Long-Term Liabilities $2.526B $2.648B
YoY Change -4.61% -48.09%
TOTAL LIABILITIES
Total Short-Term Liabilities $83.00M
Total Long-Term Liabilities $2.526B $2.648B
Total Liabilities $44.29B $44.03B
YoY Change 0.59% 0.53%
SHAREHOLDERS EQUITY
Retained Earnings $8.643B $8.171B
YoY Change 5.78%
Common Stock $2.824B $2.826B
YoY Change -0.07%
Preferred Stock
YoY Change
Treasury Stock (at cost) $99.00M $102.0M
YoY Change -2.94%
Treasury Stock Shares 3.643M shares 3.766M shares
Shareholders Equity $12.21B $11.60B
YoY Change
Total Liabilities & Shareholders Equity $56.50B $55.77B
YoY Change 1.3% 0.18%

Cashflow Statement

Concept 2012 Q2 2011 Q2
OPERATING ACTIVITIES
Net Income $166.0M $124.0M
YoY Change 33.87% -56.18%
Depreciation, Depletion And Amortization $309.0M $286.0M
YoY Change 8.04% -17.1%
Cash From Operating Activities $306.0M $300.0M
YoY Change 2.0% 38.25%
INVESTING ACTIVITIES
Capital Expenditures -$20.00M -$13.00M
YoY Change 53.85% 18.18%
Acquisitions
YoY Change
Other Investing Activities -$203.0M $184.0M
YoY Change -210.33% -228.67%
Cash From Investing Activities -$223.0M $171.0M
YoY Change -230.41% -211.04%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -41.00M -468.0M
YoY Change -91.24% 444.19%
NET CHANGE
Cash From Operating Activities 306.0M 300.0M
Cash From Investing Activities -223.0M 171.0M
Cash From Financing Activities -41.00M -468.0M
Net Change In Cash 42.00M 3.000M
YoY Change 1300.0% -113.04%
FREE CASH FLOW
Cash From Operating Activities $306.0M $300.0M
Capital Expenditures -$20.00M -$13.00M
Free Cash Flow $326.0M $313.0M
YoY Change 4.15% 37.28%

Facts In Submission

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ReductionOfNetUnrealizedGainsOnInvestmentsIncludedInAociDueToShadowAdjustment
940000000 USD
CY2011Q4 cna Reduction Of Net Unrealized Gains On Investments Included In Aoci Due To Shadow Adjustment
ReductionOfNetUnrealizedGainsOnInvestmentsIncludedInAociDueToShadowAdjustment
723000000 USD
CY2011Q4 cna Reinsurance Receivable
ReinsuranceReceivable
6092000000 USD
CY2012Q2 cna Reinsurance Receivable
ReinsuranceReceivable
5822000000 USD
CY2011Q2 cna Total Pretax Favorable Unfavorable Net Prior Year Development Excluding Life Group
TotalPretaxFavorableUnfavorableNetPriorYearDevelopmentExcludingLifeGroup
-72000000 USD
cna Total Pretax Favorable Unfavorable Net Prior Year Development Excluding Life Group
TotalPretaxFavorableUnfavorableNetPriorYearDevelopmentExcludingLifeGroup
-107000000 USD
cna Total Pretax Favorable Unfavorable Net Prior Year Development Excluding Life Group
TotalPretaxFavorableUnfavorableNetPriorYearDevelopmentExcludingLifeGroup
-118000000 USD
CY2012Q2 cna Total Pretax Favorable Unfavorable Net Prior Year Development Excluding Life Group
TotalPretaxFavorableUnfavorableNetPriorYearDevelopmentExcludingLifeGroup
-75000000 USD
CY2011Q2 cna Unrealized Gains Losses Recognized In Net Income On Level3 Assets And Liabilities Held
UnrealizedGainsLossesRecognizedInNetIncomeOnLevel3AssetsAndLiabilitiesHeld
-15000000 USD
cna Unrealized Gains Losses Recognized In Net Income On Level3 Assets And Liabilities Held
UnrealizedGainsLossesRecognizedInNetIncomeOnLevel3AssetsAndLiabilitiesHeld
USD
cna Unrealized Gains Losses Recognized In Net Income On Level3 Assets And Liabilities Held
UnrealizedGainsLossesRecognizedInNetIncomeOnLevel3AssetsAndLiabilitiesHeld
-18000000 USD
CY2012Q2 cna Unrealized Gains Losses Recognized In Net Income On Level3 Assets And Liabilities Held
UnrealizedGainsLossesRecognizedInNetIncomeOnLevel3AssetsAndLiabilitiesHeld
2000000 USD
CY2012Q2 cna Unrecorded Unconditional Purchase Obligation Due Thereafter
UnrecordedUnconditionalPurchaseObligationDueThereafter
6000000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
dei Document Period End Date
DocumentPeriodEndDate
2012-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000021175
CY2012Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
269397139 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
CNA FINANCIAL CORP
CY2012Q2 invest Derivative Notional Amount
DerivativeNotionalAmount
113000000 USD
CY2011Q4 invest Derivative Notional Amount
DerivativeNotionalAmount
46000000 USD

Files In Submission

Name View Source Status
0000021175-12-000037-index-headers.html Edgar Link pending
0000021175-12-000037-index.html Edgar Link pending
0000021175-12-000037.txt Edgar Link pending
0000021175-12-000037-xbrl.zip Edgar Link pending
cna-20120630.xml Edgar Link completed
cna-20120630.xsd Edgar Link pending
cna-20120630_cal.xml Edgar Link unprocessable
cna-20120630_def.xml Edgar Link unprocessable
cna-20120630_lab.xml Edgar Link unprocessable
cna-20120630_pre.xml Edgar Link unprocessable
cna2012q2.htm Edgar Link pending
cnaex311063012.htm Edgar Link pending
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