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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash Flows from Operating Activities    
Net income (loss) $ 569 $ 617
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 (114) (215)
Trading securities purchases, sales and maturities, net 67 26
Change in premiums and fees receivable 20 (35)
Change in accrued investment income (40) (61)
Change in future contract benefits and other contract holder funds 120 371
Change in reinsurance related assets and liabilities (111) (72)
Change in federal income tax accruals 197 297
Realized gain (loss) 43 7
(Income) loss attributable to equity method investments (81) (75)
Amortization of deferred gain on business sold through reinsurance (38) (37)
(Gain) loss on disposal of discontinued operations 1 0
Other (19) 55
Net cash provided by (used in) operating activities 614 878
Cash Flows from Investing Activities    
Purchases of available-for-sale securities (5,717) (5,901)
Sales of available-for-sale securities 369 1,042
Maturities of available-for-sale securities 2,983 2,857
Purchases of other investments (1,398) (1,701)
Sales or maturities of other investments 1,451 1,527
Increase (decrease) in payables for collateral on investments 1,337 146
Other (47) (42)
Net cash provided by (used in) investing activities (1,022) (2,072)
Cash Flows from Financing Activities    
Issuance of long-term debt, net of issuance costs 298 298
Increase (decrease) in commercial paper, net 0 (100)
Deposits of fixed account values, including the fixed portion of variable 4,979 5,335
Withdrawals of fixed account values, including the fixed portion of variable (2,611) (2,515)
Transfers to and from separate accounts, net (1,160) (1,391)
Common stock issued for benefit plans and excess tax benefits (5) (5)
Repurchase of common stock (300) (226)
Dividends paid to common and preferred stockholders (46) (31)
Net cash provided by (used in) financing activities 1,155 1,365
Net increase (decrease) in cash and invested cash, including discontinued operations 747 171
Cash and invested cash, including discontinued operations, as of beginning-of-year 4,510 2,741
Cash and invested cash, including discontinued operations, as of end-of-period $ 5,257 $ 2,912