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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash Flows from Operating Activities    
Net income $ 897 $ 676
Adjustments to reconcile net income to net cash flows provided by operating activities:    
Deferred income tax expense 37 125
Trading portfolio activity 2 8
Net realized investment gains (25) (62)
Equity method investees 136 89
Net amortization of investments (48) (30)
Depreciation and amortization 59 66
Changes in:    
Receivables, net (47) 18
Accrued investment income 5 (31)
Deferred acquisition costs (24) (34)
Insurance reserves 108 248
Other assets (193) (121)
Other liabilities (107) (106)
Other, net 68 48
Total adjustments (29) 218
Net cash flows provided by operating activities 868 894
Dispositions:    
Fixed maturity securities - sales 6,622 4,167
Fixed maturity securities - maturities, calls and redemptions 1,838 2,635
Equity securities 69  
Equity securities   22
Limited partnerships 304 160
Mortgage loans 83 22
Purchases:    
Fixed maturity securities (8,244) (6,877)
Equity securities (177)  
Equity securities   (18)
Limited partnerships (380) (85)
Mortgage loans (112) (153)
Change in other investments (10) (2)
Change in short term investments 158 (29)
Purchases of property and equipment (87) (80)
Other, net 16 20
Net cash flows provided (used) by investing activities 80 (218)
Cash Flows from Financing Activities    
Dividends paid to common stockholders (801) (761)
Proceeds from the issuance of debt 0 496
Repayment of debt (180) (391)
Other, net (8) (17)
Net cash flows used by financing activities (989) (673)
Effect of foreign exchange rate changes on cash (4) 9
Net change in cash (45) 12
Cash, beginning of year 355 271
Cash, end of period $ 310 $ 283