XML 33 R6.htm IDEA: XBRL DOCUMENT v2.3.0.15
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash Flows from Operating Activities  
Net income (loss)$ 808$ 785
Adjustments to reconcile net income (loss) to net cash provided by operating activities:  
Deferred acquisition costs, value of business acquired, deferred sales inducements and deferred front-end loads deferrals and interest, net of amortization(110)(186)
Trading securities purchases, sales and maturities, net3315
Change in premiums and fees receivable(48)13
Change in accrued investment income(90)(100)
Change in future contract benefits and other contract holder funds141671
Change in reinsurance related assets and liabilities(210)(119)
Change in federal income tax accruals275261
Realized (gain) loss177(22)
(Gain) loss on early extinguishment of debt80
Amortization of deferred gain on business sold through reinsurance(56)(56)
(Gain) loss on disposal of discontinued operations3(65)
Other3(53)
Net cash provided by (used in) operating activities9341,144
Cash Flows from Investing Activities  
Purchases of available-for-sale securities(8,540)(10,449)
Sales of available-for-sale securities1,2742,595
Maturities of available-for-sale securities3,9883,093
Purchases of other investments(2,202)(2,390)
Sales or maturities of other investments2,3362,307
Increase (decrease) in payables for collateral on investments2,196660
Proceeds from sale of subsidiaries/businesses, net of cash disposed0321
Other(63)(49)
Net cash provided by (used in) investing activities(1,011)(3,912)
Cash Flows from Financing Activities  
Payment of long-term debt, including current maturities(275)(250)
Issuance of long-term debt, net of issuance costs298749
Increase (decrease) in commercial paper, net(100)1
Deposits of fixed account values, including the fixed portion of variable8,1878,247
Withdrawals of fixed account values, including the fixed portion of variable(3,750)(3,858)
Transfers to and from separate accounts, net(1,763)(2,087)
Common stock issued for benefit plans and excess tax benefits(6)(2)
Issuance (redemption) of Series B preferred stock and issuance (repurchase and cancellation) of associated common stock warrants0(998)
Issuance of common stock0368
Repurchase of common stock(375)0
Dividends paid to common and preferred stockholders(47)(39)
Net cash provided by (used in) financing activities2,1692,131
Net increase (decrease) in cash and invested cash, including discontinued operations2,092(637)
Cash and invested cash, including discontinued operations, as of beginning-of-year2,7414,184
Cash and invested cash, including discontinued operations, as of end-of-period$ 4,833$ 3,547