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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 income (loss) $ 1,880 $ 2,329
(Income) loss from discontinued operations 1 (8)
Noncash revenues, expenses, gains and losses included in income:    
Net gains on sales of securities available for sale and other assets (103) (400)
Net (gains) losses on sales of divested businesses (33) 160
(Gains) losses on extinguishment of debt 9 (5)
Unrealized (gains) losses in earnings - net 43 (287)
Equity in income from equity method investments, net of dividends or distributions 95 (21)
Depreciation and other amortization 2,784 2,002
Impairments of assets 209 291
Changes in operating assets and liabilities:    
Insurance reserves (745) 598
Premiums and other receivables and payables - net 13 (13)
Reinsurance assets and funds held under reinsurance treaties (1,413) (12,524)
Capitalization of deferred policy acquisition costs (2,875) (2,425)
Current and deferred income taxes - net 563 669
Other, net (768) 598
Total adjustments (2,221) (11,357)
Net cash provided by (used in) operating activities (340) (9,036)
Sales or distribution of:    
Available for sale securities 12,233 23,581
Other securities 2,484 1,871
Other invested assets 2,306 2,823
Divested businesses, net 10 538
Maturities of fixed maturity securities available for sale 12,305 15,128
Principal payments received on and sales of mortgage and other loans receivable 1,836 3,005
Purchases of:    
Available for sale securities (21,000) (26,025)
Other securities (797) (281)
Other invested assets (1,542) (1,786)
Mortgage and other loans receivable (5,165) (4,259)
Net change in short-term investments (3,840) 1,047
Other, net (300) (917)
Net cash provided by (used in) investing activities (1,470) 14,725
Proceeds from (payments for)    
Policyholder contract deposits 12,625 8,916
Policyholder contract withdrawals (8,770) (7,917)
Issuance of long-term debt 3,504 2,221
Repayments of long-term debt (1,959) (1,606)
Purchase of Common Stock (646) (6,000)
Dividends paid (575) (597)
Other, net (2,756) (44)
Net cash provided by (used in) financing activities 1,423 (5,027)
Effect of exchange rate changes on cash and restricted cash 30 (25)
Net increase (decrease) in cash and restricted cash (357) 637
Cash and restricted cash at beginning of year 2,737 2,107
Change in cash of businesses held for sale 0 66
Cash and restricted cash at end of period $ 2,380 $ 2,810