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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Cash Flows from Operating Activities    
Net Income (Loss) $ 66 $ 233
Adjustments to reconcile net income (loss) to net cash flows provided (used) by operating activities:    
Deferred income tax expense (benefit) 55 71
Trading portfolio activity (3) 13
Realized Investment Gains (Losses) (36) 10
Equity method investees 262 (91)
Amortization of investments (4) 0
Depreciation and amortization 21 19
Changes in:    
Receivables, net (317) (157)
Accrued investment income (22) (25)
Deferred acquisition costs (23) (13)
Insurance reserves 511 304
Other assets (89) (34)
Other liabilities (168) (235)
Other, net 9 19
Total adjustments 268 (139)
Net cash flows provided (used) by operating activities 334 94
Dispositions:    
Fixed maturity securities - sales 1,722 1,144
Fixed maturity securities - maturities, calls and redemptions 490 1,144
Equity securities 4 2
Limited partnerships 89 20
Mortgage loans 22 3
Purchases:    
Fixed maturity securities (2,238) (1,919)
Equity securities 0 (5)
Limited partnerships (169) (34)
Mortgage loans (19) (8)
Change in other investments 0 7
Change in short term investments 16 190
Purchases of property and equipment (33) (20)
Disposals of property and equipment 107 0
Other, net 0 2
Net cash flows provided (used) by investing activities (9) 526
Cash Flows from Financing Activities    
Dividends paid to common stockholders (609) (608)
Proceeds from the issuance of debt 498 0
Repayment of debt (358) 0
Other, net 0 5
Net cash flows provided (used) by financing activities (469) (603)
Effect of foreign exchange rate changes on cash (1) (6)
Net change in cash (145) 11
Cash, beginning of year 387 190
Cash, end of period $ 242 $ 201