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Consolidated Statements of Cash Flows Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Condensed Cash Flow Statements, Captions [Line Items]      
Income Taxes Paid, Net $ (130) $ 80 $ 313
Adjustments to reconcile net income to net cash provided by operating activities      
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 896 1,682 798
Net realized capital losses 187 156 141
Deferred Policy Acquisition Costs and Present Value of Future Profits, Amortization 1,523 1,502 1,729
Increase (Decrease) in Deferred Policy Acquisition Costs (1,390) (1,390) (1,364)
Depreciation and amortization 398 373 276
Loss on extinguishment of debt 0 (21) 0
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax 81 (6) 653
Other operating activities, net 178 153 203
Change in reinsurance recoverables 241 146 (22)
Change in accrued and deferred income taxes (250) 363 328
Change in reserve for future policy benefits and unpaid losses and loss adjustment expenses and unearned premiums 353 305 226
Increase (Decrease) in Other Operating Assets and Liabilities, Net (151) (549) (1,082)
Net receipts (disbursements) from investment contracts related to policyholder funds — international variable annuities 0 0 (3,993)
Net (increase) decrease in equity securities, trading 0 0 3,993
Net Cash Provided by (Used in) Operating Activities 2,066 2,756 1,886
Proceeds from the sale/maturity/prepayment of:      
Fixed maturities, available-for-sale 24,486 25,946 25,309
Proceeds from Sale and Maturity of Available-for-sale Securities 238 181 401
Equity securities, available-for-sale 709 1,319 354
Mortgage loans 647 792 646
Partnerships 779 624 490
Payments for the purchase of:      
Fixed maturities, available-for-sale (21,844) (27,744) (22,545)
Payments to Acquire Available-for-sale Securities (94) (251) (369)
Equity securities, available-for-sale (662) (1,454) (683)
Mortgage loans (717) (870) (604)
Partnerships (441) (620) (312)
Derivatives, net (247) (173) 10
Change in policy loans, net 2 (30) (11)
Payments to Acquire Property, Plant, and Equipment (224) (307) (121)
Payments for (Proceeds from) Short-term Investments (1,377) 3,071 (1,814)
Other investing activities, net (131) 1 (18)
Proceeds from business sold     963
Payments to Acquire Businesses, Net of Cash Acquired (175) 0 0
Net cash used for investing activities 949 485 1,696
Financing Activities      
Deposits and other additions to investment and universal life-type contracts 4,186 4,718 5,289
Withdrawals and other deductions from investment and universal life-type contracts (14,790) (17,085) (21,870)
Net Change Contract Holders Funds 9,822 11,046 14,366
Repayments at maturity or settlement of consumer notes (17) (33) (13)
Net increase (decrease) in securities loaned or sold under agreements to repurchase 188 507  
Repayment of long-term debt (275) (773) (200)
Proceeds from net issuance of shares under incentive and stock compensation plans, excess tax benefit and other 9 42 30
Treasury stock acquired (1,330) (1,250) (1,796)
Dividends paid on common stock (334) (316) (282)
Net cash used for financing activities (2,541) (3,144) (4,476)
Foreign exchange rate effect on cash (40) (48) (135)
Cash - beginning of period 448 399 1,428
Cash - end of period $ 882 $ 448 $ 399