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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash Flows from Operating Activities    
Net income $ 291 $ 260
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Deferred income tax expense 29 72
Trading portfolio activity (1) (6)
Net realized investment gains (12) (36)
Equity method investees (2) 38
Net amortization of investments (15) (12)
Depreciation and amortization 20 21
Changes in:    
Receivables, net (215) 89
Accrued investment income (3) (26)
Deferred acquisition costs (29) (24)
Insurance reserves 311 135
Other assets (72) (37)
Other liabilities (99) (206)
Other, net 15 14
Total adjustments (73) 22
Net cash flows provided by operating activities 218 282
Dispositions:    
Fixed maturity securities - sales 2,576 1,359
Fixed maturity securities - maturities, calls and redemptions 531 823
Equity securities 7 16
Limited partnerships 69 57
Mortgage loans 11 3
Purchases:    
Fixed maturity securities (2,690) (2,097)
Equity securities (98) (7)
Limited partnerships (62) (18)
Mortgage loans (36) (23)
Change in other investments (4) (1)
Change in short term investments 208 271
Purchases of property and equipment (38) (30)
Other, net 15 1
Net cash flows provided by investing activities 489 354
Cash Flows from Financing Activities    
Dividends paid to common stockholders (624) (609)
Repayment of debt (150) 0
Other, net (7) 0
Net cash flows used by financing activities (781) (609)
Effect of foreign exchange rate changes on cash 1 1
Net change in cash (73) 28
Cash, beginning of year 355 271
Cash, end of period $ 282 $ 299