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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Statement of Cash Flows [Abstract]    
Net income $ 403 $ 364
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion, net 63 65
Deferred income tax benefit 38 36
Share-based compensation 31 34
Net realized investment losses (gains) (19) 12
Net trading gains (1) (2)
Loss from equity method investments 12 9
Other-than-temporary impairments and provision for loan losses 1 0
Net losses of consolidated investment entities 3 4
Changes in operating assets and liabilities:    
Restricted and segregated investments 25 50
Deferred acquisition costs 5 28
Other investments, net (98) (4)
Policyholder account balances, future policy benefits and claims, net (434) 669
Derivatives, net of collateral 304 (382)
Receivables (59) (62)
Brokerage deposits 77 (108)
Accounts payable and accrued expenses (259) (295)
Other operating assets and liabilities of consolidated investment entities, net 0 (12)
Other, net (86) 210
Net cash provided by operating activities 6 616
Available-for-Sale securities:    
Proceeds from sales 46 154
Maturities, sinking fund payments and calls 1,274 956
Purchases (1,135) (1,366)
Proceeds from sales, maturities and repayments of mortgage loans 117 410
Funding of mortgage loans (112) (119)
Proceeds from sales and collections of other investments 90 32
Purchase of other investments (54) (46)
Purchase of investments by consolidated investment entities (285) (158)
Proceeds from sales, maturities and repayments of investments by consolidated investment entities 296 182
Purchase of land, buildings, equipment and software (33) (28)
Other, net 7 (16)
Net cash provided by investing activities 211 1
Investment certificates:    
Proceeds from additions 1,284 1,159
Maturities, withdrawals and cash surrenders (1,083) (807)
Policyholder account balances:    
Deposits and other additions 502 481
Net transfers from (to) separate accounts (23) 33
Surrenders and other benefits (507) (497)
Cash paid for purchased options with deferred premiums (58) (85)
Cash received from purchased options with deferred premiums 0 33
Repayments of long-term debt (2) (19)
Dividends paid to shareholders (117) (115)
Repurchase of common shares (436) (481)
Exercise of stock options 6 2
Repayments of debt by consolidated investment entities 0 (26)
Net cash used in financing activities (434) (322)
Effect of exchange rate changes on cash 5 (12)
Net increase (decrease) in cash, cash equivalents and restricted cash (212) 283
Cash, Cash Equivalents and Restricted Cash, Beginning Balance 5,392 5,407
Cash Divested from Deconsolidation 0 (346)
Cash, Cash Equivalents and Restricted Cash, Ending Balance $ 5,180 $ 5,344