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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Statement of Cash Flows [Abstract]    
Net income $ 796 $ 699
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and accretion, net 121 127
Deferred income tax expense (benefit) 6 (54)
Share-based compensation 61 68
Net realized investment losses (gains) (40) 6
Net trading gains (3) (4)
Loss from equity method investments 25 20
Other-than-temporary impairments and provision for loan losses 1 0
Net losses of consolidated investment entities 2 5
Changes in operating assets and liabilities:    
Restricted and segregated investments 300 175
Deferred acquisition costs (4) 31
Other investments, net (107) (12)
Policyholder account balances, future policy benefits and claims, net (384) 1,161
Derivatives, net of collateral 447 (660)
Receivables (168) (26)
Brokerage deposits (135) (69)
Accounts payable and accrued expenses (137) (196)
Other operating assets and liabilities of consolidated investment entities, net 1 (10)
Other, net (46) 256
Net cash provided by operating activities 736 1,517
Available-for-Sale securities:    
Proceeds from sales 276 314
Maturities, sinking fund payments and calls 2,560 2,384
Purchases (2,495) (3,110)
Proceeds from sales, maturities and repayments of mortgage loans 241 557
Funding of mortgage loans (249) (228)
Proceeds from sales and collections of other investments 142 85
Purchase of other investments (223) (86)
Purchase of investments by consolidated investment entities (839) (316)
Proceeds from sales, maturities and repayments of investments by consolidated investment entities 864 457
Purchase of land, buildings, equipment and software (72) (36)
Other, net 22 42
Net cash provided by investing activities 227 63
Investment certificates:    
Proceeds from additions 2,507 2,168
Maturities, withdrawals and cash surrenders (2,211) (1,597)
Policyholder account balances:    
Deposits and other additions 1,042 999
Net transfers from (to) separate accounts (71) 83
Surrenders and other benefits (987) (989)
Cash paid for purchased options with deferred premiums (132) (163)
Cash received from purchased options with deferred premiums 39 33
Repayments of long-term debt (5) (251)
Dividends paid to shareholders (244) (239)
Repurchase of common shares (788) (901)
Exercise of stock options 8 4
Repayments of debt by consolidated investment entities (24) (60)
Net cash used in financing activities (866) (913)
Effect of exchange rate changes on cash 21 (38)
Net increase in cash, cash equivalents and restricted cash 118 629
Cash, cash equivalents and restricted cash, beginning balance 5,392 5,407
Net cash outflows upon the deconsolidation of VIEs 0 (346)
Cash, cash equivalents and restricted cash, ending balance $ 5,510 $ 5,690