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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash Flows from Operating Activities    
Net Income (Loss) $ 275 $ 371
Adjustments to reconcile net income (loss) to net cash flows provided (used) by operating activities:    
Deferred income tax expense (benefit) 63 32
Trading portfolio activity (7) 1
Realized Investment Gains (Losses) 20 (10)
Equity method investees 230 (48)
Amortization of investments (10) (13)
Depreciation and amortization 39 39
Changes in:    
Receivables, net (540) (211)
Accrued investment income 4 8
Deferred acquisition costs (25) (8)
Insurance reserves 666 451
Other assets (106) (60)
Other liabilities (27) (94)
Other, net 31 82
Total adjustments 338 169
Net cash flows provided (used) by operating activities 613 540
Dispositions:    
Fixed maturity securities - sales 3,066 2,859
Fixed maturity securities - maturities, calls and redemptions 1,247 2,304
Equity securities 72 33
Limited partnerships 124 85
Mortgage loans 109 19
Purchases:    
Fixed maturity securities (4,874) (5,029)
Equity securities 0 (30)
Limited partnerships (206) (78)
Mortgage loans (41) (60)
Change in other investments 11 8
Change in short term investments 281 33
Purchases of property and equipment (65) (57)
Disposals of property and equipment 107 0
Other, net 2 0
Net cash flows provided (used) by investing activities (167) 87
Cash Flows from Financing Activities    
Dividends paid to common stockholders (677) (676)
Proceeds from the issuance of debt 498 0
Repayment of debt (358) 0
Other, net (1) 6
Net cash flows provided (used) by financing activities (538) (670)
Effect of foreign exchange rate changes on cash (6) (2)
Net change in cash (98) (45)
Cash, beginning of year 387 190
Cash, end of period $ 289 $ 145