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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Cash Flows from Operating Activities    
Net income $ 532 $ 275
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Deferred income tax expense 122 63
Trading portfolio activity (11) (7)
Net realized investment (gains) losses (86) 20
Equity method investees 42 230
Net amortization of investments (21) (10)
Depreciation and amortization 43 39
Changes in:    
Receivables, net (195) (540)
Accrued investment income 1 4
Deferred acquisition costs (41) (25)
Insurance reserves 262 666
Other assets (118) (106)
Other liabilities (45) (27)
Other, net 30 31
Total adjustments (17) 338
Net cash flows provided by operating activities 515 613
Dispositions:    
Fixed maturity securities - sales 3,142 3,066
Fixed maturity securities - maturities, calls and redemptions 1,770 1,247
Equity securities 22 72
Limited partnerships 100 124
Mortgage loans 17 109
Purchases:    
Fixed maturity securities (4,840) (4,874)
Equity securities (8) 0
Limited partnerships (47) (206)
Mortgage loans (72) (41)
Change in other investments (3) 11
Change in short term investments 81 281
Purchases of property and equipment (68) (65)
Disposals of property and equipment 0 107
Other, net 17 2
Net cash flows provided (used) by investing activities 111 (167)
Cash Flows from Financing Activities    
Dividends paid to common stockholders (676) (677)
Proceeds from the issuance of debt 0 498
Repayment of debt 0 (358)
Other, net (1) (1)
Net cash flows used by financing activities (677) (538)
Effect of foreign exchange rate changes on cash 5 (6)
Net change in cash (46) (98)
Cash, beginning of year 271 387
Cash, end of period $ 225 $ 289