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Consolidated Statement of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating Activities:    
Net earnings, including noncontrolling interests $ 281 $ 288
Adjustments:    
Depreciation and amortization 95 110
Annuity benefits 491 394
Realized gains on investing activities (48) (162)
Net (purchases) sales of trading securities (39) 20
Deferred annuity and life policy acquisition costs (144) (148)
Change in:    
Reinsurance and other receivables (459) (288)
Other assets (38) (108)
Insurance claims and reserves 505 (7)
Payable to reinsurers 162 126
Other liabilities (92) 161
Managed investment entities’ assets/liabilities (44) (23)
Other operating activities, net 4 25
Net cash provided by operating activities 674 388
Investing Activities:    
Purchases of fixed maturities (5,358) (4,903)
Purchases of equity securities (356) (334)
Purchases of mortgage loans (355) (100)
Purchases of real estate, property and equipment (34) (43)
Purchases of businesses (267) 0
Proceeds from maturities and redemptions of fixed maturities 2,252 2,356
Proceeds from repayments of mortgage loans 74 97
Proceeds from sales of fixed maturities 262 257
Proceeds from sales of equity securities 97 278
Cash and cash equivalents of businesses acquired 1,078 0
Managed investment entities:    
Purchases of investments (1,075) (1,061)
Proceeds from sales and redemptions of investments 1,153 1,515
Other investing activities, net 94 25
Net cash used in investing activities (2,435) (1,913)
Financing Activities:    
Annuity receipts 2,725 2,852
Annuity surrenders, benefits and withdrawals (1,289) (1,157)
Net transfers from variable annuity assets 36 25
Additional long-term borrowings 145 0
Reductions of long-term debt (1) (40)
Issuances of managed investment entities’ liabilities 538 747
Retirement of managed investment entities’ liabilities (571) (1,196)
Issuances of Common Stock 35 45
Repurchases of Common Stock (127) (70)
Cash dividends paid on Common Stock (59) (52)
Other financing activities, net 0 (3)
Net cash provided by financing activities 1,432 1,151
Net Change in Cash and Cash Equivalents (329) (374)
Cash and cash equivalents at beginning of period 1,639 1,705
Cash and cash equivalents at end of period $ 1,310 $ 1,331