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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash Flows from Operating Activities    
Net Income $ 1,101 $ 565
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 289 299
Realized investment (gains) losses (107) (165)
Deferred income taxes 14 196
Gains on sale of businesses (excluding discontinued operations) (7) (8)
Net changes in assets and liabilities, net of non-operating effects:    
Premiums, accounts and notes receivable (660) (192)
Reinsurance recoverables 67 356
Deferred policy acquisition costs (100) (140)
Other assets (98) 251
Insurance liabilities 359 779
Accounts payable, accrued expenses and other liabilities 78 (359)
Current income taxes 100 (89)
Cash used to exit Run-off Reinsurance business 0 (2,196)
Other, net (34) (20)
Net cash provided by / (used in) operating activities 1,002 (723)
Proceeds from investments sold:    
Fixed maturities 476 1,269
Equity securities 34 3
Other (primarily short-term and other long-term investments) 1,404 411
Investment maturities and repayments:    
Fixed maturities 898 821
Equity securities 0 18
Commercial mortgage loans 214 298
Investments purchased or originated:    
Fixed maturities (2,575) (914)
Equity securities (8) (28)
Commercial mortgage loans (183) (22)
Other (primarily short-term and other long-term investments) (868) (460)
Property and equipment purchases (236) (209)
Other, net 12 (40)
Net cash provided by/ (used in) investing activities (832) 1,147
Cash Flows from Financing Activities    
Deposits and interest credited to contractholder deposit funds 790 738
Withdrawals and benefit payments from contractholder deposit funds (758) (669)
Change in cash overdraft position 15 29
Net change in short-term debt (96) (48)
Repurchase of common stock (1,029) (277)
Issuance of common stock 80 91
Common dividends paid (11) (11)
Other, net 2 (7)
Net cash (used in) / provided by financing activities (1,007) (154)
Effect of foreign currency rate changes on cash and cash equivalents 9 (39)
Net increase (decrease) in cash and cash equivalents (828) 231
Cash and cash equivalents, beginning of year 2,795 2,978
Cash and cash equivalents, end of year 1,967 3,209
Supplemental Disclosure of Cash Information:    
Income taxes paid, net of refunds 514 154
Interest paid $ 132 $ 130