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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Statement of Cash Flows [Abstract]    
Net income $ 887 $ 1,056
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Depreciation, amortization and accretion, net 91 107
Deferred income tax expense (benefit) (64) 53
Share-based compensation 64 69
Net realized investment (gains) losses (10) (12)
Net trading (gains) losses (6) (6)
Loss from equity method investments 29 22
Other than Temporary Impairments and Provision for Loan Losses 5  
Net (gains) losses of consolidated investment entities 5 (24)
Changes in operating assets and liabilities:    
Restricted and segregated investments 124 224
Deferred acquisition costs (76) (9)
Policyholder account balances, future policy benefits and claims, net 259 (407)
Derivatives, net of collateral 280 205
Receivables 120 (121)
Brokerage deposits (524) (394)
Accounts payable and accrued expenses (91) (220)
Change in Other Operating Assets and Liabilities of Consolidated Investment Entities (6) 4
Other, net 65 (49)
Net cash provided by (used in) operating activities 1,152 498
Available-for-Sale securities:    
Proceeds from sales 110 401
Maturities, sinking fund payments and calls 4,012 3,124
Purchases (5,294) (3,900)
Proceeds from sales, maturities and repayments of mortgage loans 131 164
Funding of mortgage loans (127) (97)
Proceeds from sales, maturities and collections of other investments 149 502
Purchase of other investments (159) (389)
Purchase of investments by consolidated investment entities (392) (228)
Proceeds from sales, maturities and repayments of investments by consolidated investment entities 319 828
Purchase of land, buildings, equipment and software (67) (69)
Payments for Derivative Instrument, Investing Activities (42) (82)
Proceeds from Derivative Instrument, Investing Activities 44 81
Change In Reinsurance Deposit, Net (306)  
Other, net (7) (56)
Net cash provided by (used in) investing activities (1,629) 279
Investment certificates:    
Proceeds from additions 2,924 2,899
Maturities, withdrawals and cash surrenders (2,873) (2,381)
Policyholder account balances:    
Deposits and other additions 1,151 985
Net transfers from (to) separate accounts (28) (59)
Surrenders and other benefits (926) (977)
Change in banking deposits, net 2,205  
Cash paid for purchased options with deferred premiums (95) (129)
Cash received from purchased options with deferred premiums 60 119
Proceeds from Debt, Net of Issuance Costs 497  
Repayments of long-term debt (307) (6)
Dividends paid to shareholders (253) (253)
Repurchase of common shares (827) (829)
Exercise of stock options 1 2
Repayments of debt by consolidated investment entities (33) (518)
Net cash provided by (used in) financing activities 1,496 (1,147)
Effect of exchange rate changes on cash 2  
Cash and Cash Equivalents including Disposal Group, Period Increase (Decrease) 1,021 (370)
Less: Cash and Cash Equivalents of Disposal Group, Period Increase (Decrease) 166  
Net increase (decrease) in cash and cash equivalents, including amounts restricted and cash balances classified as assets held-for-sale 855 (370)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Beginning of Period 5,883 5,144
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, End of Period $ 6,738 $ 4,774