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Consolidated Statement of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Operating Activities:    
Net earnings, including noncontrolling interests $ 383 $ 192
Adjustments:    
Depreciation and amortization 118 131
Annuity benefits 417 383
Realized gains on investing activities (299) (23)
Net (purchases) sales of trading securities 27 (44)
Deferred annuity and life policy acquisition costs (177) (187)
Change in:    
Reinsurance and other receivables (1,387) (519)
Other assets 6 (99)
Insurance claims and reserves 1,275 347
Payable to reinsurers 181 331
Other liabilities (56) 153
Managed investment entities' assets/liabilities (13) (22)
Other operating activities, net 12 18
Net cash provided by operating activities 487 661
Investing Activities:    
Purchases of fixed maturities (3,240) (4,062)
Purchases of equity securities (231) (365)
Purchases of mortgage loans (178) (132)
Purchases of real estate, property and equipment (61) (82)
Proceeds from maturities and redemptions of fixed maturities 1,617 1,455
Proceeds from repayments of mortgage loans 10 227
Proceeds from sales of fixed maturities 495 865
Proceeds from sales of equity securities 235 88
Proceeds from sales of real estate, property and equipment 4 4
Proceeds from sales of subsidiaries 302   
Cash and cash equivalents of businesses sold (34)   
Managed investment entities:    
Purchases of investments (1,246) (1,085)
Proceeds from sales and redemptions of investments 1,429 1,170
Other investing activities, net (40) (14)
Net cash used in investing activities (938) (1,931)
Financing Activities:    
Annuity receipts 2,433 2,468
Annuity surrenders, benefits and withdrawals (1,127) (971)
Additional long-term borrowings 344 2
Reductions of long-term debt (323) (17)
Issuances of managed investment entities' liabilities 456   
Retirement of managed investment entities' liabilities (704) (60)
Issuances of Common Stock 27 19
Repurchases of Common Stock (315) (263)
Cash dividends paid on Common Stock (50) (50)
Other financing activities, net 12 34
Net cash provided by financing activities 753 1,162
Net Change in Cash and Cash Equivalents 302 (108)
Cash and cash equivalents at beginning of period 1,324 1,099
Cash and cash equivalents at end of period $ 1,626 $ 991