The information presented below is as reported in WellPoint’s 2012 Annual Report on Form 10-K.

WellPoint, Inc.

Consolidated Statements of Cash Flows

Years Ended December 31

(In millions)

2012

2011

2010

Operating activities

Net income

2,655.5 

$ 2,646.7 

$ 2,887.1 

Adjustments to reconcile net income to net cash

....
provided by operating activities:

......
Net realized gains/losses on investments

 (334.9)

 (235.1)

(194.1)

......
Other-than-temporary impairment losses recognized in income

 37.8 

 93.3 

 39.4 

......
Loss on disposal of assets

 4.7 

 3.3 

 1.9 

......
Deferred income taxes

 127.5 

 74.3 

 101.8 

......
Amortization, net of accretion

 633.6 

 541.5 

 497.7 

......
Impairment of goodwill and other intangible assets

— 

— 

21.1 

......
Depreciation expense

 107.1 

 95.7 

 103.1 

......
Impairment of property and equipment

 66.8 

95.3 

......
Share-based compensation

 146.5 

 134.8 

 136.0 

......
Excess tax benefits from share-based compensation

 (28.8)

 (42.2)

 (28.1)

......
Changes in operating assets and liabilities, net of

........
effect of business combinations:

..........
Receivables, net

 189.9 

 (401.8)

 109.7 

..........
Other invested assets

 (38.9)

 (8.9)

 5.1 

..........
Other assets
79.2 

  (259.2)

 (320.1)

..........
Policy liabilities

 (53.7)

 978.0 

 (330.7)

..........
Unearned income

 (193.7)

35.1 

 (158.6)

..........
Accounts payable and accrued expenses

 (406.5)

 (208.7)

 (58.2)

..........
Other liabilities

 (132.8)

 (13.6)

 (208.4)

..........
Income taxes

 (73.9)

(44.6)

 (1,239.8)

..........
Other, net

 (40.8)

 (14.2)

 (43.5)

Net cash provided by operating activities

 2,744.6 

 3,374.4 

 1,416.7 

Investing activities

Purchases of fixed maturity securities

 (15,040.4)

 (11,914.8)

(10,567.2)

Proceeds from fixed maturity securities:

....
Sales

 13,675.9 

 10,446.2 

 7,215.1 

....
Maturities, calls and redemptions

 1,781.5 

 1,891.3 

 3,321.7 

Purchases of equity securities

 (292.6)

 (355.6)

 (350.9)

Proceeds from sales of equity securities

 422.7 

 287.4 

 197.9 

Purchases of other invested assets

 (303.7)

 (207.9)

 (91.4)

Proceeds from sales of other invested assets

 35.5 

 29.4 

 34.5 

Changes in securities lending collateral

 307.9 

 28.9 

 (504.8)

Purchases of subsidiaries, net of cash acquired

 (4,597.0)

 (600.0)

 (0.3)

Purchases of property and equipment

 (544.9)

 (519.5)

 (451.4)

Proceeds from sales of property and equipment

 0.4 

 3.7 

 0.8 

Other, net

3.1 

 (31.1)

 (75.5)

Net cash used in investing activities

 (4,551.6)

 (942.0)

 (1,271.5)

Financing activities

Net (repayments of)  proceeds from commercial paper borrowings

(229.0)

 463.6 

(164.4)

Proceeds from long-term borrowings

 6,468.9 

 1,097.4 

 1,088.5 

Repayments of long-term borrowings

(1,251.3)

(705.1)

 (481.7)

Proceeds from short-term borrowings

 642.0 

 100.0 

100.0 

Repayments of short-term borrowings

(492.0)

(100.0)

Changes in securities lending payable

(307.8)

(29.0)

504.9 

Changes in bank overdrafts

 (17.6)

 264.3 

 (28.0)

Repurchase and retirement of common stock

 (2,496.8)

 (3,039.8)

(4,360.3)

Cash dividends

 (367.1)

(357.8)

Proceeds from issuance of common stock under employee stock plans

 110.8 

 245.0 

 143.6 

Excess tax benefits from share-based compensation

 28.8 

 42.2 

 28.1 

Net cash provided by (used in) financing activities

 2,088.9 

 (2,019.2)

 (3,169.3)

Effect of foreign exchange rates on cash and cash equivalents

1.1 

 (0.4)

 (3.2)

Change in cash and cash equivalents

 283.0 

 412.8 

 (3,027.3)

Cash and cash equivalents at beginning of period

 2,201.6 

 1,788.8 

 4,816.1 

Cash and cash equivalents at end of period

$   2,484.6 

$ 2,201.6 

$ 1,788.8 

The information presented above should be read in conjunction with the audited financial statements and accompanying notes included in WellPoint's 2012 Annual Report on Form 10-K.