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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Statement of Cash Flows [Abstract]    
Net income $ 1,056 $ 796
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation, amortization and accretion, net 107 121
Deferred income tax expense (benefit) 53 6
Share-based compensation 69 61
Net realized investment (gains) losses (12) (40)
Net trading (gains) losses (6) (3)
Loss from equity method investments 18 25
Other than Temporary Impairments and Provision for Loan Losses   1
Net (gains) losses of consolidated investment entities (24) 2
Changes in operating assets and liabilities:    
Restricted and segregated investments 224 300
Deferred acquisition costs (9) (4)
Other investments, net 110 (107)
Policyholder account balances, future policy benefits and claims, net (407) (384)
Derivatives, net of collateral 205 447
Receivables (121) (168)
Brokerage deposits (394) (135)
Accounts payable and accrued expenses (220) (137)
Other operating assets and liabilities of consolidated investment entities, net (83) 1
Other, net (5) (46)
Net cash provided by (used in) operating activities 561 736
Available-for-Sale securities:    
Proceeds from sales 401 276
Maturities, sinking fund payments and calls 3,124 2,560
Purchases (3,900) (2,495)
Proceeds from sales, maturities and repayments of mortgage loans 164 241
Funding of mortgage loans (97) (249)
Proceeds from sales and collections of other investments 133 142
Purchase of other investments (170) (223)
Purchase of investments by consolidated investment entities (228) (839)
Proceeds from sales, maturities and repayments of investments by consolidated investment entities 870 864
Purchase of land, buildings, equipment and software (69) (72)
Other, net (12) 22
Net cash provided by (used in) investing activities 216 227
Investment certificates:    
Proceeds from additions 2,899 2,507
Maturities, withdrawals and cash surrenders (2,381) (2,211)
Policyholder account balances:    
Deposits and other additions 985 1,042
Net transfers from (to) separate accounts (59) (71)
Surrenders and other benefits (977) (987)
Cash paid for purchased options with deferred premiums (129) (132)
Cash received from purchased options with deferred premiums 119 39
Repayments of long-term debt (6) (5)
Dividends paid to shareholders (253) (244)
Repurchase of common shares (829) (788)
Exercise of stock options 2 8
Repayments of debt by consolidated investment entities (518) (24)
Net cash provided by (used in) financing activities (1,147) (866)
Effect of exchange rate changes on cash   21
Net increase (decrease) in cash, cash equivalents and restricted cash (370) 118
Cash, cash equivalents and restricted cash, beginning balance 5,144 5,392
Cash, cash equivalents and restricted cash, ending balance $ 4,774 $ 5,510