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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net earnings $ 1,550 $ 1,305
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Change in receivables and advance premiums (1) 8
Capitalization of deferred policy acquisition costs (716) (693)
Amortization of deferred policy acquisition costs 617 577
Increase in policy liabilities 1,346 1,326
Change in income tax liabilities (180) 368
Realized investment (gains) losses 131 196
Other, net 60 78
Net cash provided (used) by operating activities 2,807 3,165
Proceeds from investments sold or matured:    
Available-for-sale fixed maturity securities 3,869 2,574
Equity securities, FV-NI 216  
Equity securities, available-for-sale   157
Held-to-maturity fixed maturity securities 878 1,311
Other investments - loan receivables 358 90
Costs of investments acquired:    
Available for sale fixed maturity securities (6,798) (5,662)
Equity securities, FV-NI (233)  
Equity securities, available-for-sale   (178)
Other investments - loan receivables (2,705) (492)
Other investments, excluding loan receivables, net (175) (112)
Settlement of derivatives, net (36) (34)
Cash received (pledged or returned) as collateral, net 3,110 (129)
Other, net 73 (42)
Net cash provided (used) by investing activities (1,443) (2,517)
Cash flows from financing activities:    
Purchases of treasury stock (601) (813)
Proceeds from borrowings 0 524
Principal payments under debt obligations 0 (656)
Dividends paid to shareholders (396) (328)
Change in investment-type contracts, net 9 23
Treasury stock reissued 12 17
Other, net (12) 2
Net cash provided (used) by financing activities (988) (1,231)
Effect of exchange rate changes on cash and cash equivalents (20) (12)
Net change in cash and cash equivalents 356 (595)
Cash and cash equivalents, beginning of period 3,491 4,859
Cash and cash equivalents, end of period 3,847 4,264
Supplemental disclosures of cash flow information:    
Income taxes paid 744 293
Interest paid 90 103
Noncash interest 21 19
Impairment losses included in realized investment losses 12  
Impairment losses included in realized investment losses   19
Noncash financing activities:    
Capital lease obligations 10 3
Associate stock bonus    
Treasury stock issued for:    
Treasury stock issued 5 16
Shareholder dividend reinvestment    
Treasury stock issued for:    
Treasury stock issued 8 16
Share-based compensation grants    
Treasury stock issued for:    
Treasury stock issued $ 2 $ 1