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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 earnings $ 3,158 $ 2,866 $ 1,937
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Change in receivables and advance premiums (8) (199) 25
Increase in deferred policy acquisition costs (404) (643) (505)
Increase in policy liabilities 6,806 12,005 7,402
Change in income tax liabilities 993 712 266
Realized investment (gains) losses (399) 349 1,552
Other, net 401 (138) 165
Net cash provided (used) by operating activities 10,547 14,952 10,842
Securities available for sale:      
Fixed maturities sold 9,631 7,385 14,385
Fixed maturities matured or called 2,907 1,959 170
Perpetual securities sold 264 1,599 690
Perpetual securities matured or called 256 376 0
Securities held to maturity:      
Fixed maturities matured or called 6,515 1,859 728
Costs of investments acquired:      
Available for sale fixed maturities acquired (22,967) (19,533) (8,392)
Held to maturity fixed maturities acquired (6,756) (16,550) (18,995)
Settlement of derivatives (1,624) 0 0
Cash received as collateral, net 1,037 5,439 647
Other, net (354) 514 (62)
Net cash provided (used) by investing activities (11,091) (16,952) (10,829)
Cash flows from financing activities:      
Purchases of treasury stock (813) (118) (308)
Proceeds from borrowings 700 1,506 620
Principal payments under debt obligations 0 (341) (462)
Dividends paid to shareholders (635) (603) (552)
Change in investment-type contracts, net 1,790 1,457 733
Treasury stock reissued 88 32 26
Other, net 6 12 7
Net cash provided (used) by financing activities 1,136 1,945 64
Effect of exchange rate changes on cash and cash equivalents (90) (153) 51
Net change in cash and cash equivalents 502 (208) 128
Cash and cash equivalents, beginning of period 2,041 2,249 2,121
Cash and cash equivalents, end of period 2,543 2,041 2,249
Supplemental disclosures of cash flow information:      
Income taxes paid 754 788 828
Interest paid 210 178 164
Noncash interest 82 [1] 83 [1] 32 [1]
Impairment losses included in realized investment losses 199 [2] 977 [2] 1,901 [2]
Noncash financing activities:      
Capitalized lease obligations 0 4 6
Associate stock bonus
     
Treasury stock issued for:      
Treasury stock issued 36 35 32
Shareholder dividend reinvestment
     
Treasury stock issued for:      
Treasury stock issued 25 24 23
Share-based compensation grants
     
Treasury stock issued for:      
Treasury stock issued $ 4 $ 4 $ 2
[1] Consists primarily of accreted interest on discounted advance premiums
[2] Includes $45, $597 and $1,286 for the years ended December 31, 2013, 2012 and 2011, respectively, for credit-related impairments; $26 and $27 for the years ended December 31, 2013 and 2012, respectively, for impairments due to severity and duration of decline in fair value; and $128, $353 and $615 for the years ended December 31, 2013, 2012 and 2011, respectively, from change in intent to sell securities