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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash Flows from Operating Activities    
Net income $ 515 $ 365
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation, amortization and accretion, net 63 58
Deferred income tax expense (benefit) (37) 41
Share-based compensation 30 33
Net realized investment gains (6) (4)
Net trading gains (2)  
Loss (income) from equity method investments 3 (1)
Other-than-temporary impairments and provision for loan losses 1 3
Net gains of consolidated investment entities (101) (26)
Changes in operating assets and liabilities:    
Restricted and segregated cash and investments (31) 264
Deferred acquisition costs 8 (3)
Other investments, net   (6)
Policyholder account balances, future policy benefits and claims, net 121 (557)
Derivatives, net of collateral (85) 279
Receivables (144) (52)
Brokerage deposits 60 (227)
Accounts payable and accrued expenses (183) (193)
Cash held by consolidated investment entities (72) (302)
Investment properties of consolidated investment entities 49 (45)
Other operating assets and liabilities of consolidated investment entities, net (14) (62)
Other, net 259 (31)
Net cash provided by (used in) operating activities 434 (466)
Available-for-Sale securities:    
Proceeds from sales 161 169
Maturities, sinking fund payments and calls 1,104 1,249
Purchases (1,029) (1,187)
Proceeds from maturities and repayments of mortgage loans 140 186
Funding of mortgage loans (124) (152)
Proceeds from sales and collections of other investments 57 67
Purchase of other investments (111) (86)
Purchase of investments by consolidated investment entities (742) (531)
Proceeds from sales, maturities and repayments of investments by consolidated investment entities 418 690
Purchase of land, buildings, equipment and software (20) (14)
Other, net 1 (2)
Net cash provided by (used in) investing activities (145) 389
Investment certificates:    
Proceeds from additions 617 599
Maturities, withdrawals and cash surrenders (528) (403)
Policyholder account balances:    
Deposits and other additions 494 494
Net transfers to separate accounts (56) (36)
Surrenders and other benefits (661) (512)
Cash paid for purchased options with deferred premiums 124 98
Cash received from purchased options with deferred premiums 47  
Change in short-term borrowings, net (200) (1)
Dividends paid to shareholders (100) (92)
Repurchase of common shares (457) (406)
Exercise of stock options 11 48
Excess tax benefits from share-based compensation 92 51
Borrowings by consolidated investment entities 478 467
Repayments of debt by consolidated investment entities (85) (291)
Noncontrolling interests investments in subsidiaries 0 76
Distributions to noncontrolling interests (49) (9)
Other, net 0 (1)
Net cash used in financing activities (521) (114)
Effect of exchange rate changes on cash 3 (20)
Net decrease in cash and cash equivalents (229) (211)
Cash and cash equivalents at beginning of period 2,632 2,371
Cash and cash equivalents at end of period 2,403 2,160
Supplemental Disclosures:    
Interest paid excluding consolidated investment entities 32 35
Income taxes paid, net 50 10
Non-cash investing activity:    
Affordable housing partnership commitments not yet remitted $ 0 $ 10