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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:    
Net earnings $ 1,542 $ 1,781
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Change in receivables and advance premiums 24 29
Increase in deferred policy acquisition costs (85) (219)
Increase in policy liabilities 1,632 4,027
Change in income tax liabilities (83) 606
Realized investment (gains) losses (56) (357)
Other, net 158 (169)
Net cash provided (used) by operating activities 3,132 5,698
Securities available for sale:    
Fixed maturities sold 1,536 1,901
Fixed maturities matured or called 330 1,895
Perpetual securities sold 60 54
Perpetual securities matured or called 0 417
Securities held to maturity:    
Fixed maturities matured or called 4,759 5,586
Costs of investments acquired:    
Available for sale fixed maturities acquired (7,000) (8,660)
Held to maturity fixed maturities acquired 0 (629)
Settlement of derivatives, net (246) (1,562)
Cash received as collateral, net (3,058) (4,771)
Other, net 25 (41)
Net cash provided (used) by investing activities (3,594) (5,810)
Cash flows from financing activities:    
Purchases of treasury stock (522) (287)
Proceeds from borrowings 0 700
Dividends paid to shareholders (324) (315)
Change in investment-type contracts, net 1,023 381
Treasury stock reissued 21 39
Other, net 3 8
Net cash provided (used) by financing activities 201 526
Effect of exchange rate changes on cash and cash equivalents (30) (67)
Net change in cash and cash equivalents (291) 347
Cash and cash equivalents, beginning of period 2,543 2,041
Cash and cash equivalents, end of period 2,252 2,388
Supplemental disclosures of cash flow information:    
Income taxes paid 873 395
Interest paid 121 103
Noncash interest 39 [1] 37 [1]
Impairment losses included in realized investment losses 31 [2] 55 [2]
Associate stock bonus
   
Treasury stock issued for:    
Treasury stock issued 18 20
Shareholder dividend reinvestment
   
Treasury stock issued for:    
Treasury stock issued 14 12
Share-based compensation grants
   
Treasury stock issued for:    
Treasury stock issued $ 3 $ 4
[1] Consists primarily of accreted interest on discounted advance premiums
[2] Includes $0 and $1 for the six-month periods ended June 30, 2014 and 2013, respectively, for impairments due to severity and duration of decline in fair value; and $28 and $0 for the three-month periods and $31 and $54 for the six-month periods ended June 30, 2014 and 2013, respectively, from change in intent to sell securities