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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Statement of Cash Flows [Abstract]    
Net income $ 594 $ 403
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation, amortization and accretion, net 56 63
Deferred income tax expense (benefit) 104 38
Share-based compensation 32 31
Net realized investment (gains) losses (6) (19)
Net trading (gains) losses (3) (1)
Loss from equity method investments 12 12
Other than Temporary Impairments and Provision for Loan Losses   1
Net (gains) losses of consolidated investment entities 1 3
Changes in operating assets and liabilities:    
Restricted and segregated investments 75 25
Deferred acquisition costs 13 5
Other investments, net (21) (98)
Policyholder account balances, future policy benefits and claims, net (325) (434)
Derivatives, net of collateral 29 304
Receivables (78) (59)
Brokerage deposits (207) 77
Accounts payable and accrued expenses (373) (259)
Other operating assets and liabilities of consolidated investment entities, net 3  
Other, net (114) (86)
Net cash provided by (used in) operating activities (208) 6
Available-for-Sale securities:    
Proceeds from sales 361 46
Maturities, sinking fund payments and calls 1,195 1,274
Purchases (1,456) (1,135)
Proceeds from sales, maturities and repayments of mortgage loans 75 117
Funding of mortgage loans (40) (112)
Proceeds from sales and collections of other investments 29 90
Purchase of other investments (57) (54)
Purchase of investments by consolidated investment entities (116) (285)
Proceeds from sales, maturities and repayments of investments by consolidated investment entities 130 296
Purchase of land, buildings, equipment and software (33) (33)
Other, net (1) 7
Net cash provided by (used in) investing activities 87 211
Investment certificates:    
Proceeds from additions 1,336 1,284
Maturities, withdrawals and cash surrenders (1,192) (1,083)
Policyholder account balances:    
Deposits and other additions 444 502
Net transfers from (to) separate accounts (28) (23)
Surrenders and other benefits (501) (507)
Cash paid for purchased options with deferred premiums (45) (58)
Cash received from purchased options with deferred premiums 24  
Repayments of long-term debt (3) (2)
Dividends paid to shareholders (122) (117)
Repurchase of common shares (425) (436)
Exercise of stock options 2 6
Repayments of debt by consolidated investment entities (52)  
Other, net (2)  
Net cash provided by (used in) financing activities (564) (434)
Effect of exchange rate changes on cash 12 5
Net increase (decrease) in cash, cash equivalents and restricted cash (673) (212)
Cash, cash equivalents and restricted cash, beginning balance 5,144 5,392
Cash, cash equivalents and restricted cash, ending balance $ 4,471 $ 5,180