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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash flows from operating activities:    
Net earnings $ 2,395 $ 2,021
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Change in receivables and advance premiums (27) (32)
Capitalization of deferred policy acquisition costs (1,082) (1,077)
Amortization of deferred policy acquisition costs 932 848
Increase in policy liabilities 1,821 2,137
Change in income tax liabilities 38 323
Realized investment (gains) losses 76 166
Other, net 506 210
Net cash provided (used) by operating activities 4,659 4,596
Proceeds from investments sold or matured:    
Available-for-sale fixed maturity securities 5,991 3,382
Equity securities, FV-NI 369  
Equity securities, available for sale   755
Held-to-maturity fixed maturity securities 880 1,714
Other investments - loan receivables 597 134
Costs of investments acquired:    
Available for sale fixed maturity securities (7,845) (6,827)
Equity securities, FV-NI (338)  
Equity securities, available-for-sale   (391)
Other investments - loan receivables (4,150) (916)
Other investments, excluding loan receivables, net (136) (167)
Settlement of derivatives, net (141) (240)
Cash received (pledged or returned) as collateral, net 1,413 (273)
Other, net 188 (58)
Net cash provided (used) by investing activities (3,172) (2,887)
Cash flows from financing activities:    
Purchases of treasury stock (923) (1,053)
Proceeds from borrowings 0 524
Principal payments under debt obligations 0 (660)
Dividends paid to shareholders (595) (491)
Change in investment-type contracts, net (17) 39
Treasury stock reissued 36 23
Other, net (14) 5
Net cash provided (used) by financing activities (1,513) (1,613)
Effect of exchange rate changes on cash and cash equivalents (36) (28)
Net change in cash and cash equivalents (62) 68
Cash and cash equivalents, beginning of period 3,491 4,859
Cash and cash equivalents, end of period 3,429 4,927
Supplemental disclosures of cash flow information:    
Income taxes paid 827 693
Interest paid 124 144
Noncash interest 41 38
Impairment losses included in realized investment losses 17  
Impairment losses included in realized investment losses   27
Noncash financing activities:    
Capital lease obligations 10 7
Associate stock bonus    
Treasury stock issued for:    
Treasury stock issued 7 22
Shareholder dividend reinvestment    
Treasury stock issued for:    
Treasury stock issued 8 22
Share-based compensation grants    
Treasury stock issued for:    
Treasury stock issued $ 2 $ 1