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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Operating Activities    
Net income $ 396 $ 594
Adjustments to reconcile net income to net cash provided by operating activities    
Amortization of deferred policy acquisition costs and present value of future profits 1,441 2,047
Additions to deferred policy acquisition costs and present value of future profits (1,251) (1,271)
Change in reserve for future policy benefits and unpaid losses and loss adjustment expenses and unearned premiums 153 1,309
Change in reinsurance recoverables (332) (31)
Change in receivables and other assets (442) (452)
Change in payables and accruals 778 (141)
Change in accrued and deferred income taxes (118) (449)
Net realized capital losses 202 (360)
Net disbursements from investment contracts related to policyholder funds - international variable annuities (523) (2,059)
Net decrease in equity securities, trading 519 2,050
Depreciation and amortization 366 532
Loss on Extinguishment of Debt 910 0
Other operating activities, net 113 (145)
Net cash provided by operating activities 2,212 1,624
Proceeds from the sale/maturity/prepayment of:    
Fixed maturities, available-for-sale 35,928 26,124
Fixed maturities, fair value option 191 40
Equity securities, available-for-sale 213 130
Mortgage loans 332 366
Partnerships 124 151
Payments for the purchase of:    
Fixed maturities, available-for-sale (34,556) (26,513)
Fixed maturities, fair value option (182) (664)
Equity securities, available-for-sale (74) (200)
Mortgage loans (1,467) (1,503)
Partnerships (728) (594)
Proceeds from business sold    278
Derivatives, net (1,593) 1,603
Change in policy loans, net 1 5
Other investing activities, net (51) (119)
Net cash used for investing activities (1,862) (896)
Financing Activities    
Deposits and other additions to investment and universal life-type contracts 8,907 8,419
Withdrawals and other deductions from investment and universal life-type contracts (18,373) (16,123)
Net transfers from separate accounts related to investment and universal life-type contracts 8,406 7,661
Repayments at maturity or settlement of consumer notes (124) (33)
Net increase (decrease) in securities loaned or sold under agreements to repurchase 1,585   
Repurchase of warrants (300)   
Repayment of long-term debt (2,133)   
Proceeds from issuance of long-term debt 2,123   
Proceeds from net issuance of shares under incentive and stock compensation plans, excess tax benefit and other 10 6
Treasury stock acquired (154)   
Dividends paid on preferred stock (32) (32)
Dividends paid on common stock (132) (107)
Changes in bank deposits and payments on bank advances    (30)
Net cash provided by (used for) financing activities (217) (239)
Foreign exchange rate effect on cash (9) 38
Net decrease in cash 124 527
Cash - beginning of period 2,581 2,062
Cash - end of period 2,705 2,589
Supplemental Disclosure of Cash Flow Information    
Income taxes paid (received) (448) 245
Interest paid 314 340
Supplemental Disclosure of Non-Cash Investing Activity    
Conversion of fixed maturities, available-for-sale to equity securities, available-for-sale $ 67 $ 0