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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Operating Activities    
Net income $ 535 $ 395
Adjustments to reconcile net income to net cash provided by operating activities    
Amortization of deferred policy acquisition costs and present value of future profits 1,499 1,589
Additions to deferred policy acquisition costs and present value of future profits (1,306) (1,338)
Change in reserve for future policy benefits and unpaid losses and loss adjustment expenses and unearned premiums 651 200
Change in reinsurance recoverables (33) 162
Change in receivables and other assets (299) 72
Change in payables and accruals 87 (342)
Change in accrued and deferred income taxes (416) (128)
Net realized capital losses 210 265
Net disbursements from investment contracts related to policyholder funds - international variable annuities (556) (2,137)
Net decrease in equity securities, trading 542 2,138
Depreciation and amortization 384 315
Goodwill impairment   153
Other operating activities, net (334) (144)
Net cash provided by operating activities 964 1,200
Proceeds from the sale/maturity/prepayment of:    
Fixed maturities, available-for-sale 18,076 23,292
Fixed maturities, fair value option 1  
Equity securities, available-for-sale 122 158
Mortgage loans 228 1,297
Partnerships 106 249
Payments for the purchase of:    
Fixed maturities, available-for-sale (17,295) (23,796)
Fixed maturities, fair value option (534)  
Equity securities, available-for-sale (192) (100)
Mortgage loans (1,075) (69)
Partnerships (128) (135)
Proceeds from business sold 278 130
Derivatives, net (300) 584
Change in policy loans, net (7) (8)
Change in payables for collateral under securities lending, net   (46)
Other investing activities, net (87) 44
Net cash provided by (used for) investing activities (807) 1,600
Financing Activities    
Deposits and other additions to investment and universal life-type contracts 5,840 6,410
Withdrawals and other deductions from investment and universal life-type contracts (11,701) (11,183)
Net transfers from separate accounts related to investment and universal life-type contracts 5,649 4,120
Proceeds from issuance of long-term debt   1,090
Repayments at maturity for long-term debt and payments on capital lease obligations   (343)
Repayments at maturity or settlement of consumer notes (14) (684)
Net proceeds from issuance of mandatory convertible preferred stock   556
Net proceeds from issuance of common shares under public offering   1,600
Redemption of preferred stock issued to the U.S. Treasury   (3,400)
Proceeds from net issuance of shares under incentive and stock compensation plans, excess tax benefit and other 2 14
Dividends paid on preferred stock (21) (64)
Dividends paid on common stock (64) (40)
Changes in bank deposits and payments on bank advances (10) (43)
Net cash provided by (used for) financing activities (319) (1,967)
Foreign exchange rate effect on cash (2) 23
Net increase (decrease) in cash (164) 856
Cash - beginning of period 2,062 2,142
Cash - end of period 1,898 2,998
Supplemental Disclosure of Cash Flow Information    
Income taxes paid 246 248
Interest paid $ 250 $ 233