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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash flows from operating activities:    
Net income (loss) $ 4,268 $ 4,648
(Income) loss from discontinued operations (17) 17
Noncash revenues, expenses, gains and losses included in income (loss):    
Net gains on sales of securities available for sale and other assets (666) (456)
Net (gain) loss on sale of divested businesses 7 (2,178)
Net losses on extinguishment of debt 410 272
Unrealized (gains) losses in earnings - net (1,425) 127
Equity in income from equity method investments, net of dividends or distributions (715) (687)
Depreciation and other amortization 2,410 2,343
Impairments of assets 471 259
Changes in operating assets and liabilities:    
Insurance reserves (420) 981
Premiums and other receivables and payables - net (1,359) (782)
Reinsurance assets and funds held under reinsurance treaties 573 (815)
Capitalization of deferred policy acquisition costs (2,880) (3,019)
Current and deferred income taxes - net 1,739 1,605
Other, net (1,903) (674)
Total adjustments (3,758) (3,024)
Net cash provided by operating activities 493 1,641
Sales or distribution of:    
Available for sale investments 14,144 12,191
Other securities 3,998 2,744
Sales or distributions of other invested assets (including flight equipment) 6,218 1,925
Divested businesses, net 0 2,348
Maturities of fixed maturity securities available for sale 12,176 11,460
Principal payments received on and sales of mortgage and other loans receivable 2,470 1,646
Purchases of:    
Available for sale investments (24,198) (22,186)
Other securities (583) (290)
Other invested assets (1,743) (2,236)
Mortgage and other loans receivable (4,459) (3,445)
Net change in restricted cash 1,462 (628)
Net change in short-term investments (2,693) 498
Other, net (1,506) (365)
Net cash provided by investing activities 5,286 3,662
Proceeds from (payments for)    
Policyholder contract deposits 7,541 8,162
Policyholder contract withdrawals (7,225) (7,241)
Issuance of long-term debt 2,774 3,028
Repayments of long-term debt (3,701) (6,027)
Purchase of Common Stock (3,743) (1,849)
Dividends paid (335) (361)
Other, net (877) (1,514)
Net cash used in financing activities (5,566) (5,802)
Effect of exchange rate changes on cash (34) (3)
Net increase (decrease) in cash 179 (502)
Cash at beginning of year 1,758 2,241
Change in cash of businesses held-for-sale 0 88
Cash at end of period $ 1,937 $ 1,827