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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Operating Activities    
Net income $ 1,179 $ 338
Adjustments to reconcile net income (loss) to net cash provided by operating activities    
Net realized capital losses (gains) 31 (55)
Amortization of deferred policy acquisition costs 744 731
Additions to deferred policy acquisition costs (701) (695)
Depreciation and amortization 237 191
Gain (Loss) on Extinguishment of Debt (6) 0
Gain on sale 213 0
Pension settlement 0 747
Other operating activities, net 291 291
Change in assets and liabilities:    
(Increase) decrease in reinsurance recoverables 136 25
Increase (Decrease) in Deferred Income Taxes 112 (40)
Increase in unpaid losses and loss adjustment expenses, reserve for future policy benefits, and unearned premiums (77) 443
Net change in other assets and other liabilities (251) (1,162)
Net cash provided by (used for) operating activities 1,270 894
Proceeds from the sale/maturity/prepayment of:    
Fixed maturities, available-for-sale 14,712 15,847
Fixed maturities, fair value option 11 76
Fixed maturities, fair value option 1,027 0
Equity securities, available-for-sale 512
Mortgage loans 234 351
Partnerships 331 138
Payments for the purchase of:    
Fixed maturities, available-for-sale (13,261) (15,954)
Equity securities, at fair value (953) 0
Equity securities, available-for-sale 0 (397)
Mortgage loans (383) (458)
Partnerships (316) (222)
Net payments for derivatives (234) (40)
Net payments for derivatives (59) (92)
Net payments for short-term investments (2,427) (1,453)
Other investing activities, net (4) (6)
Proceeds from business sold, net of cash transferred 1,115 222
Net cash provided by (used for) investing activities (207) (1,476)
Financing Activities    
Deposits and other additions to investment and universal life-type contracts 1,814 2,526
Withdrawals and other deductions from investment and universal life-type contracts (9,206) (7,076)
Net transfers from separate accounts related to investment and universal life-type contracts 6,949 3,976
Repayments at maturity or settlement of consumer notes (2) (11)
Net increase (decrease) in securities loaned or sold under agreements to repurchase (671) 1,346
Repayment of debt (826) (416)
Proceeds from the issuance of debt (490) (500)
Net return of shares under incentive and stock compensation plans 5 (22)
Treasury stock acquired   (650)
Dividends paid on common stock (180) (173)
Net cash provided by (used for) financing activities (1,627) 0
Foreign exchange rate effect on cash (6) 62
Net decrease in cash, including cash classified as assets held for sale (570) (520)
Less: Net decrease in cash classified as assets held for sale (537) (293)
Net (decrease) in cash (33) (227)
Cash – beginning of period 180 328
Cash – end of period 147 101
Supplemental Disclosure of Cash Flow Information    
Income tax received (paid) (1) 2
Interest paid $ 156 $ 164