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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash flows from operating activities:    
Net earnings $ 2,483 $ 2,285
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Change in receivables and advance premiums (29) (203)
Increase in deferred policy acquisition costs (319) (481)
Increase in policy liabilities 5,653 9,371
Change in income tax liabilities 422 385
Realized investment (gains) losses (379) 177
Other, net (672) (83)
Net cash provided (used) by operating activities 7,159 11,451
Securities available for sale:    
Fixed maturities sold 9,354 5,376
Fixed maturities matured or called 2,049 1,616
Perpetual securities sold 212 1,389
Perpetual securities matured or called 259 378
Securities held to maturity:    
Fixed maturities matured or called 5,619 1,579
Costs of investments acquired:    
Available for sale fixed maturities acquired (16,937) (12,815)
Held to maturity fixed maturities acquired (1,180) (15,629)
Settlement of derivatives (1,496) 0
Cash received as collateral on loaned securities, net (5,606) 5,752
Other, net 205 (145)
Net cash provided (used) by investing activities (7,521) (12,499)
Cash flows from financing activities:    
Purchases of treasury stock (307) (13)
Proceeds from borrowings 700 1,456
Principal payments under debt obligations 0 (340)
Dividends paid to shareholders (472) (445)
Change in investment-type contracts, net 1,138 1,095
Treasury stock reissued 59 19
Other, net 15 9
Net cash provided (used) by financing activities 1,133 1,781
Effect of exchange rate changes on cash and cash equivalents (63) 3
Net change in cash and cash equivalents 708 736
Cash and cash equivalents, beginning of period 2,041 2,249
Cash and cash equivalents, end of period 2,749 2,985
Supplemental disclosures of cash flow information:    
Income taxes paid 673 762
Interest paid 139 119
Noncash interest 72 [1] 66 [1]
Impairment losses included in realized investment losses 65 [2] 643 [2]
Noncash financing activities:    
Capitalized lease obligations 0 3
Associate stock bonus
   
Treasury stock issued for:    
Treasury stock issued 28 24
Shareholder dividend reinvestment
   
Treasury stock issued for:    
Treasury stock issued 18 19
Share-based compensation grants
   
Treasury stock issued for:    
Treasury stock issued $ 5 $ 3
[1] Consists primarily of accreted interest on discounted advance premiums
[2] Includes $0 and $70 for the three-month periods and $0 and $365 for the nine-month periods ended September 30, 2013 and 2012, respectively, for credit-related impairments; $0 and $27 for the three-month periods and $1 and $27 for the nine-month periods ended September 30, 2013 and 2012, respectively, for impairments due to severity and duration of decline in fair value; and $10 and $0 for the three-month periods and $64 and $251 for the nine-month periods ended September 30, 2013 and 2012, respectively, from change in intent to sell securities