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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities:    
Net income (loss) $ 1,612 $ 2,231
(Income) loss from discontinued operations 47 (73)
Noncash revenues, expenses, gains and losses included in income (loss):    
Net (gains) losses on sales of securities available for sale and other assets (246) (339)
Net (gains) losses on sales of divested businesses (4) 0
Net (gains) losses on extinguishment of debt 238 340
Unrealized (gains) losses in earnings - net 585 (765)
Equity in (income) loss from equity method investments, net of dividends or distributions (441) (442)
Depreciation and other amortization 1,121 1,203
Impairments of assets 138 139
Changes in operating assets and liabilities:    
Property casualty and life insurance reserves 1,495 643
Premiums and other receivables and payables - net (701) (458)
Reinsurance assets and funds held under reinsurance treaties (1,532) (2,035)
Capitalization of deferred policy acquisition costs (1,462) (1,422)
Current and deferred income taxes - net 450 613
Other, net (537) 216
Total adjustments (896) (2,307)
Net cash provided by (used in) operating activities 763 (149)
Sales or distribution of:    
Available for sale investments 6,365 7,346
Other securities 1,725 1,728
Other invested assets 1,041 1,741
Maturities of fixed maturity securities available for sale 5,347 5,617
Principal payments received on and sales of mortgage and other loans receivable 765 712
Purchases of:    
Available for sale investments (11,592) (15,290)
Other securities (181) (822)
Other invested assets (1,218) (1,762)
Mortgage and other loans receivable (1,307) (788)
Net change in restricted cash (667) 296
Net change in short-term investments 3,588 5,479
Other, net (83) (293)
Net cash provided by (used in) investing activities 3,783 3,964
Proceeds from (payments for)    
Policyholder contract deposits 4,008 3,262
Policyholder contract withdrawals (3,548) (4,458)
Issuance of long-term debt 1,583 1,395
Repayments of long-term debt (3,281) (4,337)
Purchase of Common Stock (867) 0
Dividends paid (182)  
Other, net (2,002) 420
Net cash provided by (used in) financing activities (4,289) (3,718)
Effect of exchange rate changes on cash (11) (36)
Net increase (decrease) in cash 246 61
Cash at beginning of year 2,241 1,151
Change in cash of businesses held for sale 3 15
Cash at end of period $ 2,490 $ 1,227