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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Operating Activities    
Net income $ 1,611 $ 572
Adjustments to reconcile net income (loss) to net cash provided by operating activities    
Net realized capital gains (7) (52)
Amortization of deferred policy acquisition costs 1,092 1,088
Additions to deferred policy acquisition costs (1,057) (1,039)
Depreciation and amortization 359 300
Loss on extinguishment of debt (6) 0
Gain on sale 202 0
Pension settlement 0 747
Other operating activities, net 346 328
Change in assets and liabilities:    
Decrease in reinsurance recoverables 111 43
Decrease (increase) in accrued and deferred income taxes 74 (64)
Increase (decrease) in unpaid losses and loss adjustment expenses, reserve for future policy benefits, and unearned premiums (119) 845
Net change in other assets and other liabilities (224) (1,372)
Net cash provided by operating activities 1,842 1,524
Proceeds from the sale/maturity/prepayment of:    
Fixed maturities, available-for-sale 20,069 21,371
Fixed maturities, fair value option 21 140
Fixed maturities, fair value option 1,171 0
Equity securities, available-for-sale 0 599
Mortgage loans 314 558
Partnerships 377 190
Proceeds from repurchase agreements program (11) 0
Payments for the purchase of:    
Fixed maturities, available-for-sale (18,679) (22,021)
Equity securities, at fair value (1,084) 0
Equity securities, available-for-sale 0 (517)
Mortgage loans (667) (943)
Partnerships (408) (344)
Repayments of repurchase agreements program 42 0
Net payments for derivatives (228) (98)
Net payments for derivatives (70) (129)
Net payments for short-term investments (2,720) (523)
Other investing activities, net (4) 10
Proceeds from business sold, net of cash transferred 1,115 222
Net cash used for investing activities (762) (1,485)
Financing Activities    
Deposits and other additions to investment and universal life-type contracts 1,814 3,628
Withdrawals and other deductions from investment and universal life-type contracts (9,210) (10,623)
Net transfers from separate accounts related to investment and universal life-type contracts 6,949 6,080
Repayments at maturity or settlement of consumer notes (2) (12)
Net increase (decrease) in securities loaned or sold under agreements to repurchase (646) 1,434
Repayment of debt (826) (416)
Proceeds from the issuance of debt (490) (500)
Net issuance (return) of shares under incentive and stock compensation plans 10 (16)
Treasury stock acquired   (975)
Dividends paid on common stock (270) (258)
Net cash used for financing activities (1,691) (658)
Foreign exchange rate effect on cash (4) 70
Net decrease in cash, including cash classified as assets held for sale (615) (549)
Less: Net decrease in cash classified as assets held for sale (537) (315)
Net (decrease) in cash (78) (234)
Cash – beginning of period 180 328
Cash – end of period 102 94
Supplemental Disclosure of Cash Flow Information    
Income tax received (paid) (1) 3
Interest paid $ 197 $ 205