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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash Flows from Operating Activities    
Net Income $ 59 $ 371
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 150 126
Realized investment (gains) losses (139) (13)
Deferred income taxes 116 46
Gains on sale of businesses (excluding discontinued operations) (4) (5)
Net changes in assets and liabilities, net of non-operating effects:    
Premiums, accounts and notes receivable (158) (215)
Reinsurance recoverables 328 (30)
Deferred policy acquisition costs (82) (47)
Other assets 103 155
Insurance liabilities 750 637
Accounts payable, accrued expenses and other liabilities (328) (166)
Current income taxes (110) 105
Cash used to effectively exit run-off reinsurance business (1,475) 0
Other, net (15) (23)
Net cash (used in) / provided by operating activities (805) 941
Proceeds from investments sold:    
Fixed maturities 958 221
Equity securities 3 0
Commercial mortgage loans 46 165
Other (primarily short-term and other long-term investments) 221 300
Investment maturities and repayments:    
Fixed maturities 386 317
Equity securities 9 0
Commercial mortgage loans 9 36
Investments purchased:    
Fixed maturities (383) (831)
Equity securities (27) 0
Commercial mortgage loans (15) (180)
Other (primarily short-term and other long-term investments) (121) (167)
Property and equipment purchases (84) (81)
Acquisitions and dispositions, net of cash acquired (40) (3,199)
Net cash provided by / (used in) investing activities 962 (3,419)
Cash Flows from Financing Activities    
Deposits and interest credited to contractholder deposit funds 363 261
Withdrawals and benefit payments from contractholder deposit funds (332) (231)
Change in cash overdraft position (3) 22
Net change in short-term debt 198 123
Repayment of long-term debt 0 (326)
Repurchase of common stock (77) 0
Issuance of common stock 36 45
Net cash provided by / (used in) by financing activities 185 (106)
Effect of foreign currency rate changes on cash and cash equivalents (14) 5
Net increase / (decrease) in cash and cash equivalents 328 (2,579)
Cash and cash equivalents, January 1, 2,978 4,690
Cash and cash equivalents, March 31, 3,306 2,111
Supplemental Disclosure of Cash Information:    
Income taxes paid, net of refunds 12 22
Interest paid $ 70 $ 54