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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash Flows from Operating Activities    
Net income (loss) $ 371 $ 280
Adjustments to reconcile net income (loss) to net cash flows provided (used) by operating activities:    
Impairment loss on sale of subsidiary 0 255
Deferred income tax expense (benefit) 32 48
Trading portfolio activity 1 17
Net realized investment (gains) losses (10) (34)
Equity method investees (48) 75
Net amortization of investments (13) 0
Depreciation and amortization 39 42
Changes in:    
Receivables, net (211) 6
Accrued investment income 8 (3)
Deferred acquisition costs (8) (10)
Insurance reserves 451 234
Other assets (60) (50)
Other liabilities (94) (201)
Other, net 82 (72)
Total adjustments 169 307
Net cash flows provided (used) by operating activities 540 587
Dispositions:    
Fixed maturity securities - sales 2,859 2,919
Fixed maturity securities - maturities, calls and redemptions 2,304 1,954
Equity securities 33 14
Limited partnerships 85 118
Mortgage loans 19 33
Purchases:    
Fixed maturity securities (5,029) (4,921)
Equity securities (30) (11)
Limited partnerships (78) (109)
Mortgage Loans (60) (43)
Change in other investments 8 10
Change in short term investments 33 (678)
Purchases of property and equipment (57) (27)
Other, net 0 7
Net cash flows provided (used) by investing activities 87 (734)
Cash Flows from Financing Activities    
Dividends paid to common stockholders (676) (406)
Proceeds from the issuance of debt 0 546
Other, net 6 23
Net cash flows provided (used) by financing activities (670) 163
Effect of foreign exchange rate changes on cash (2) 2
Transfer of cash to assets held for sale 0 (9)
Net change in cash (45) 9
Cash, beginning of year 190 195
Cash, end of period $ 145 $ 204