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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash flows from operating activities:    
Net income (loss) $ 2,157 $ 4,071
(Income) loss from discontinued operations 54 0
Noncash revenues, expenses, gains and losses included in income:    
Net gains on sales of securities available for sale and other assets (1,125) (660)
Net (gains) losses on sales of divested businesses (351) 10
Net (gains) losses on extinguishment of debt 76 756
Unrealized gains in earnings - net 1,396 (550)
Equity in income from equity method investments, net of dividends or distributions 50 (684)
Depreciation and other amortization 2,814 3,502
Impairments of assets 872 886
Changes in operating assets and liabilities:    
Insurance reserves 700 (1,618)
Premiums and other receivables and payables - net 347 (389)
Reinsurance assets and funds held under reinsurance treaties (1,234) 1,396
Capitalization of deferred policy acquisition costs (3,598) (4,376)
Current and deferred income taxes - net 962 1,736
Other, net (1,367) (1,846)
Total adjustments (458) (1,837)
Net cash provided by operating activities 1,753 2,234
Sales or distribution of:    
Available for sale investments 22,077 20,846
Other securities 3,367 4,895
Other invested assets 5,255 7,015
Maturities of fixed maturity securities available for sale 18,210 18,427
Principal payments received on and sales of mortgage and other loans receivable 4,435 3,298
Purchases of:    
Available for sale investments (42,572) (36,333)
Other securities (557) (1,622)
Other invested assets (2,472) (2,675)
Mortgage and other loans receivable (7,784) (6,845)
Net change in restricted cash (49) 1,476
Net change in short-term investments (855) (1,028)
Other, net 1,270 (774)
Net cash provided by investing activities 325 6,680
Proceeds from (payments for)    
Policyholder contract deposits 13,584 12,216
Policyholder contract withdrawals (9,986) (10,801)
Issuance of long-term debt 11,430 6,449
Repayments of long-term debt (7,683) (8,343)
Issuance of Common Stock 0 0
Purchase of Common Stock (8,506) (7,473)
Dividends paid (1,051) (687)
Other, net 915 (425)
Net cash provided by (used in) financing activities (1,297) (9,064)
Effect of exchange rate changes on cash 88 (39)
Net increase (decrease) in cash 869 (189)
Cash at beginning of year 1,629 1,758
Cash at end of year $ 2,498 $ 1,569