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Schedule II - Condensed Financial Information, Statements of Cash Flows (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Cash Flows from Operating Activities        
Shareholders' net income $ 560 $ 456 $ 1,971 $ 1,485
Adjustments to reconcile shareholders' net income to net cash provided by (used in) operating activities:        
Other liabilities     221 9
Debt extinguishment costs 321 0 321 0
Other, net     33 25
Net cash provided by (used in) operating activities [1]     3,511 3,179
Cash Flows from Investing Activities        
Short term investments purchased     (722) (1,317)
Other, net     0 (101)
Net cash provided by (used in) investing activities [1]     (1,100) (1,694)
Cash Flows from Financing Activities        
Net change in short-term debt     (16) (143)
Net proceeds on issuance of long-term debt     1,584 0
Repayment of long-term debt     (1,250) 0
Issuance of common stock     111 23
Repurchase of common stock     (1,961) (139)
Net cash provided by (used in) financing activities     (1,968) (255)
Net increase (decrease) in cash and cash equivalents     471 1,256
Cash and cash equivalents, January 1     3,185 1,968
Cash and cash equivalents, September 30 $ 3,656 $ 3,224 $ 3,656 $ 3,224
[1]
As required in adopting Accounting Standard Update ("ASU") 2016-15, the Company retrospectively reclassified $105 million of cash distributions from partnership earnings from investing to operating activities for the nine months ended September 30, 2016. The comparable amount reported in operating activities in 2017 was $114 million. See Note 2 for further discussion.