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STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Statement of Cash Flows [Abstract]      
Net income (loss) $ (61) $ (59) $ (11)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Interest credited to policyholders’ account balances 41 43 35
Policy charges and fee income (180) (188) (153)
Net derivative gains (losses) 6 2 3
Investment (gains) losses, net 0 4 1
Dividends from AB Units 6 5 5
Equity in (income ) loss from AB (6) (6) (5)
Amortization of deferred reinsurance costs 7 7 8
Changes in:      
Deferred policy acquisition costs, net (38) (2) (76)
Future policy benefits 10 (9) 12
Current and deferred income taxes 2 (28) (10)
Other, net 67 40 0
Net cash provided by (used in) operating activities (146) (191) (191)
Proceeds from the sale/maturity/prepayment of:      
Fixed maturities, available for sale 388 128 105
Payment for the purchase/origination of:      
Fixed maturities, available for sale (714) (333) (153)
Mortgage loans on real estate 0 (17) 0
Cash settlement related to derivative instruments 28 (13) (7)
Change in policy loans (9) (17) (9)
Other, net 0 (3) (3)
Net cash provided by (used in) investing activities (307) (255) (67)
Policyholders’ account balances:      
Deposits 599 455 445
Withdrawals (199) (59) (20)
Transfers (to) from Separate Accounts (80) (20) (38)
Change in collateralized pledged liabilities 39 32 0
Net cash provided by (used in) financing activities 359 408 387
Change in cash and cash equivalents (94) (38) 129
Cash and cash equivalents, beginning of year 138 176 47
Cash and Cash Equivalents, End of Year 44 138 176
Schedule of non-cash financing activities:      
Non-cash asset acquisition 0 7 0
Share-based Programs (Note 9) 3 3 3
Income taxes refunded (paid) $ 8 $ 7 $ (1)