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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash Flows from Operating Activities    
Net income (loss) $ 416 $ 358
Adjustments to reconcile net income (loss) to net cash flows provided (used) by operating activities:    
(Income) loss from discontinued operations    1
(Gain) loss on disposal of property and equipment 1 8
Deferred income tax expense (benefit) 81 96
Trading portfolio activity (44) (9)
Net realized investment (gains) losses, net of participating policyholders' interests (58) (28)
Equity method investees (8) (108)
Amortization of investments (33) (37)
Depreciation 39 38
Changes in:    
Receivables, net 70 139
Accrued investment income (10) (11)
Deferred acquisition costs (17) (19)
Insurance reserves 121 93
Other assets 43 37
Other liabilities 12 (153)
Other, net 5 9
Total adjustments 202 56
Net cash flows provided (used) by operating activities-continuing operations 618 414
Net cash flows provided (used) by operating activities-discontinued operations    (2)
Net cash flows provided (used) by operating activities-total 618 412
Cash Flows from Investing Activities    
Purchases of fixed maturity securities (5,169) (6,200)
Proceeds from fixed maturity securities:    
Sales 3,303 4,112
Maturities, calls and redemptions 1,566 1,825
Purchases of equity securities (27) (44)
Proceeds from sales of equity securities 61 153
Origination of mortgage loans (109) (112)
Change in short term investments (123) 514
Change in other investments 13 (131)
Purchases of property and equipment (42) (24)
Other, net 17 2
Net cash flows provided (used) by investing activities-continuing operations (510) 95
Net cash flows provided (used) by investing activities-discontinued operations    2
Net cash flows provided (used) by investing activities-total (510) 97
Cash Flows from Financing Activities    
Acquisition of CNA Surety noncontrolling interest    (426)
Dividends paid to common stockholders (81) (54)
Proceeds from the issuance of debt    396
Repayment of debt    (409)
Stock options exercised 1 2
Other, net (3) (13)
Net cash flows provided (used) by financing activities-continuing operations (83) (504)
Net cash flows provided (used) by financing activities-discontinued operations      
Net cash flows provided (used) by financing activities-total (83) (504)
Effect of foreign exchange rate changes on cash    2
Net change in cash 25 7
Cash, beginning of year 75 77
Cash, end of period 100 84
Cash-continuing operations 100 84
Cash-discontinued operations      
Cash $ 100 $ 84