XML 78 R7.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements Of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities      
Net income $ 1,231 $ 1,222 $ 1,419
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 426 338 303
Stock-based compensation 92 82 67
Net realized capital gains (22) (33) (11)
Provision (benefit) for deferred income taxes 42 (80) 22
Provision for doubtful accounts 37 26 31
Changes in operating assets and liabilities, net of effect of businesses acquired:      
Receivables (251) 326 (106)
Other assets (330) (253) (183)
Benefits payable 109 (41) 256
Other liabilities 313 300 194
Unearned revenues (24) (43) 26
Other 93 79 61
Net cash provided by operating activities 1,716 1,923 2,079
Cash flows from investing activities      
Acquisitions, net of cash acquired (187) (1,235) (226)
Proceeds from sale of business 34 0 0
Purchases of property and equipment (441) (410) (346)
Proceeds from sales of property and equipment 4 0 10
Purchases of investment securities (3,261) (3,221) (3,678)
Maturities of investment securities 1,077 1,497 1,623
Proceeds from sales of investment securities 1,592 1,404 1,259
Net cash used in investing activities (1,182) (1,965) (1,358)
Cash flows from financing activities      
Receipts (withdrawals) from contract deposits, net (150) (397) (378)
Proceeds from issuance of senior notes, net 0 990 0
Repayment of long-term debt 0 (36) 0
Common stock repurchases (531) (518) (541)
Dividends paid (168) (165) (82)
Excess tax benefit from stock-based compensation 8 22 15
Change in book overdraft 79 18 (103)
Proceeds from stock option exercises and other, net 60 57 72
Net cash (used in) provided by financing activities (702) (29) (1,017)
Decrease in cash and cash equivalents (168) (71) (296)
Cash and cash equivalents at beginning of year 1,306 1,377 1,673
Cash and cash equivalents at end of year 1,138 1,306 1,377
Supplemental cash flow disclosures:      
Interest payments 146 110 114
Income tax payments, net 734 745 874
Details of businesses acquired in purchase transactions:      
Fair value of assets acquired, net of cash acquired 196 1,535 266
Less: Fair value of liabilities assumed (9) (300) (40)
Cash paid for acquired businesses, net of cash acquired $ 187 $ 1,235 $ 226