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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Cash flows from operating activities:      
Net earnings $ 10,746 $ 13,494 $ 8,441
Adjustments to reconcile net earnings to operating cash flows:      
Investment (gains) losses and other-than-temporary impairment losses (1,274) (2,085) 2,837
Depreciation 4,683 4,279 3,127
Other 811 255 (149)
Changes in operating assets and liabilities before business acquisitions:      
Losses and loss adjustment expenses 3,063 1,009 2,165
Deferred charges reinsurance assumed (329) 147 (39)
Unearned premiums 852 110 (21)
Receivables and originated loans (1,159) (1,979) 697
Derivative contract assets and liabilities 1,881 (880) (5,441)
Income taxes 1,493 2,348 2,035
Other assets (1,601) (1,070) 2,438
Other liabilities 1,310 2,267 (244)
Net cash flows from operating activities 20,476 17,895 15,846
Cash flows from investing activities:      
Purchases of fixed maturity securities (7,362) (9,819) (10,798)
Purchases of equity securities (15,660) (4,265) (4,570)
Purchases of other investments (5,000)   (7,068)
Sales of fixed maturity securities 3,353 5,435 4,338
Redemptions and maturities of fixed maturity securities 6,872 6,517 5,234
Sales of equity securities 1,518 5,886 5,626
Redemptions of other investments 12,645    
Purchases of loans and finance receivables (1,657) (3,149) (854)
Principal collections on loans and finance receivables 2,915 3,498 796
Acquisitions of businesses, net of cash acquired (8,685) (15,924) (108)
Purchases of property, plant and equipment (8,191) (5,980) (4,937)
Other 63 (476) 1,180
Net cash flows from investing activities (19,189) (18,277) (11,161)
Cash flows from financing activities:      
Changes in short term borrowings, net 301 370 (885)
Acquisitions of noncontrolling interests and other (1,860) (95) (410)
Net cash flows from financing activities (2,217) 8,125 233
Effects of foreign currency exchange rate changes 2 (74) 101
Increase (decrease) in cash and cash equivalents (928) 7,669 5,019
Cash and cash equivalents:      
Cash and cash equivalents at beginning of year 38,227 30,558 25,539
Cash and cash equivalents at end of year 37,299 38,227 30,558
Insurance and Other [Member]
     
Cash flows from financing activities:      
Proceeds from borrowings 2,091 8,204 289
Repayments of borrowings (2,307) (430) (746)
Cash and cash equivalents:      
Cash and cash equivalents at beginning of year 34,767 28,223  
Cash and cash equivalents at end of year 33,513 34,767 28,223
Railroad, Utilities and Energy [Member]
     
Cash flows from financing activities:      
Proceeds from borrowings 2,290 1,731 1,241
Repayments of borrowings (2,335) (777) (444)
Cash and cash equivalents:      
Cash and cash equivalents at beginning of year 2,557 429  
Cash and cash equivalents at end of year 2,246 2,557 429
Finance and Financial Products [Member]
     
Cash flows from financing activities:      
Proceeds from borrowings 1,562 1,539 1,584
Repayments of borrowings (1,959) (2,417) (396)
Cash and cash equivalents:      
Cash and cash equivalents at beginning of year 903 1,906  
Cash and cash equivalents at end of year $ 1,540 $ 903 $ 1,906