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Consolidated Statement of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Operating Activities:    
Net earnings, including noncontrolling interests $ 172 $ 84
Adjustments:    
Depreciation and amortization 83 91
Annuity benefits 277 241
Realized gains on investing activities (57) (16)
Net sales of trading securities 5 6
Deferred annuity and life policy acquisition costs (129) (119)
Change in:    
Reinsurance and other receivables 212 156
Other assets 50 13
Insurance claims and reserves (167) (12)
Payable to reinsurers (79) (18)
Other liabilities (179) 112
Managed investment entities' assets/liabilities 40 (12)
Other operating activities, net (2) 8
Net cash provided by operating activities 226 534
Investing Activities:    
Purchases of fixed maturities (1,976) (2,302)
Purchases of equity securities (194) (104)
Purchases of mortgage loans (97) (91)
Purchases of real estate, property and equipment (52) (57)
Proceeds from maturities and redemptions of fixed maturities 993 1,106
Proceeds from repayments of mortgage loans 6 224
Proceeds from sales of fixed maturities 239 374
Proceeds from sales of equity securities 107 41
Proceeds from sales of real estate, property and equipment 3 1
Managed investment entities:    
Purchases of investments (925) (681)
Proceeds from sales and redemptions of investments 1,106 754
Other investing activities, net (36) (6)
Net cash used in investing activities (826) (741)
Financing Activities:    
Annuity receipts 1,710 1,578
Annuity surrenders, benefits and withdrawals (696) (636)
Additional long-term borrowings 223 2
Reductions of long-term debt (6) (14)
Issuances of managed investment entities' liabilities 359  
Retirement of managed investment entities' liabilities (633) (8)
Issuances of Common Stock 22 16
Repurchases of Common Stock (153) (178)
Cash dividends paid on Common Stock (33) (34)
Other financing activities, net 6 11
Net cash provided by financing activities 799 737
Net Change in Cash and Cash Equivalents 199 530
Cash and cash equivalents at beginning of period 1,324 1,099
Cash and cash equivalents at end of period $ 1,523 $ 1,629