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Consolidated Statement of Cash Flows (Unaudited) (USD $)
In Millions
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Operating Activities:    
Net earnings, including noncontrolling interests $ 86 $ 188
Adjustments:    
Depreciation and amortization 96 97
Annuity benefits 241 226
Realized gains on investing activities (16) (15)
Net (purchases) sales of trading securities 6 (9)
Deferred annuity and life policy acquisition costs (126) (97)
Change in:    
Reinsurance and other receivables 156 571
Other assets 12 10
Insurance claims and reserves (12) (329)
Payable to reinsurers (18) (185)
Other liabilities 113 (28)
Other operating activities, net (4) 32
Net cash provided by (used in) operating activities 534 461
Investing Activities:    
Purchases of fixed maturities (2,302) (2,353)
Purchases of equity securities (104) (24)
Purchases of mortgage loans (91) (137)
Purchases of real estate, property and equipment (57) (54)
Proceeds from maturities and redemptions of fixed maturities 1,106 970
Proceeds from repayments of mortgage loans 224 27
Proceeds from sales of fixed maturities 374 932
Proceeds from sales of equity securities 41 8
Proceeds from sales of real estate, property and equipment 1 1
Managed investment entities:    
Purchases of investments (681) (394)
Proceeds from sales and redemptions of investments 754 441
Other investing activities, net (6) (124)
Net cash provided by (used in) investing activities (741) (707)
Financing Activities:    
Annuity receipts 1,578 945
Annuity surrenders, benefits and withdrawals (636) (617)
Additional long-term borrowings 2 30
Reductions of long-term debt (14) (6)
Managed investment entities' retirement of liabilities (8) (39)
Issuances of Common Stock 16 11
Repurchases of Common Stock (178) (151)
Cash dividends paid on Common Stock (34) (31)
Other financing activities, net 11 (5)
Net cash provided by (used in) financing activities 737 137
Net Change in Cash and Cash Equivalents 530 (109)
Cash and cash equivalents at beginning of period 1,099 1,120
Cash and cash equivalents at end of period $ 1,629 $ 1,011