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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash Flows from Operating Activities    
Net Income (Loss) $ 618 $ 549
Adjustments to reconcile net income (loss) to net cash flows provided (used) by operating activities:    
Deferred income tax expense (benefit) 112 27
Trading portfolio activity 0 17
Realized Investment Gains (Losses) (26) 39
Equity method investees 265 127
Amortization of investments (17) (17)
Depreciation and amortization 57 62
Changes in:    
Receivables, net (311) 70
Accrued investment income (30) (34)
Deferred acquisition costs (24) 11
Insurance reserves 464 195
Other assets (96) (61)
Other liabilities 61 (32)
Other, net 47 92
Total adjustments 502 496
Net cash flows provided (used) by operating activities 1,120 1,045
Dispositions:    
Fixed maturity securities - sales 4,234 3,590
Fixed maturity securities - maturities, calls and redemptions 2,263 3,101
Equity securities 79 43
Limited partnerships 200 156
Mortgage loans 137 22
Purchases:    
Fixed maturity securities (7,472) (7,055)
Equity securities (1) (60)
Limited partnerships (222) (120)
Mortgage loans (88) (81)
Change in other investments 10 5
Change in short term investments 241 222
Purchases of property and equipment (94) (84)
Disposals of property and equipment 107 0
Other, net 2 7
Net cash flows provided (used) by investing activities (604) (254)
Cash Flows from Financing Activities    
Dividends paid to common stockholders (746) (744)
Proceeds from the issuance of debt 498 0
Repayment of debt (358) 0
Other, net 1 5
Net cash flows provided (used) by financing activities (605) (739)
Effect of foreign exchange rate changes on cash (8) (6)
Net change in cash (97) 46
Cash, beginning of year 387 190
Cash, end of period $ 290 $ 236