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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash Flows from Operating Activities    
Net income (loss) $ 549 $ 493
Adjustments to reconcile net income (loss) to net cash flows provided (used) by operating activities    
Loss on sale of subsidiaries 0 251
Deferred income tax expense (benefit) 27 81
Trading portfolio activity 17 16
Net realized investment (gains) losses 39 (72)
Equity method investees 127 65
Net amortization of investments (17) (1)
Depreciation and amortization 62 62
Changes in:    
Receivables, net 70 611
Accrued investment income (34) (37)
Deferred acquisition costs 11 14
Insurance reserves 195 (222)
Other assets (61) (49)
Other liabilities (32) (133)
Other, net 92 (32)
Total adjustments 496 554
Net cash flows provided (used) by operating activities 1,045 1,047
Dispositions:    
Fixed maturity securities - sales 3,590 4,005
Fixed maturity securities - maturities, calls and redemptions 3,101 2,901
Equity securities 43 23
Limited partnerships 156 133
Mortgage loans 22 36
Purchases:    
Fixed maturity securities (7,055) (7,457)
Equity securities (60) (44)
Limited partnerships (120) (218)
Mortgage Loans (81) (84)
Change in other investments 5 10
Change in short term investments 222 (556)
Purchases of property and equipment (84) (42)
Proceeds from sale of subsidiaries 0 198
Other, net 7 8
Net cash flows provided (used) by investing activities (254) (1,087)
Cash Flows from Financing Activities    
Dividends paid to common stockholders (744) (473)
Proceeds from the issuance of debt 0 546
Other, net 5 22
Net cash flows provided (used) by financing activities (739) 95
Effect of foreign exchange rate changes on cash (6) (3)
Net change in cash 46 52
Cash, beginning of year 190 195
Cash, end of period $ 236 $ 247