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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Operating Activities    
Net income $ 96 $ 501
Adjustments to reconcile net income to net cash provided by operating activities    
Amortization of deferred policy acquisition costs and present value of future profits 321 450
Additions to deferred policy acquisition costs and present value of future profits (439) (419)
Change in reserve for future policy benefits and unpaid losses and loss adjustment expenses and unearned premiums (624) (39)
Change in reinsurance recoverables (14) 59
Change in receivables and other assets (474) (49)
Change in payables and accruals 1,184 (23)
Change in accrued and deferred income taxes 121 57
Net realized capital (gains) losses 910 176
Net receipts (disbursements) from investment contracts related to policyholder funds - international variable annuities 216 (496)
Net (increase) decrease in equity securities, trading (223) 481
Depreciation and amortization 98 128
Other operating activities, net (32) (352)
Net cash provided by operating activities 1,140 474
Proceeds from the sale/maturity/prepayment of:    
Fixed maturities, available-for-sale 14,442 8,860
Fixed maturities, fair value option 12  
Equity securities, available-for-sale 59 24
Mortgage loans 112 70
Partnerships 43 58
Payments for the purchase of:    
Fixed maturities, available-for-sale (13,048) (7,588)
Fixed maturities, fair value option   (531)
Equity securities, available-for-sale (18) (25)
Mortgage loans (660) (326)
Partnerships (319) (55)
Proceeds from business sold   278
Derivatives, net (2,017) (465)
Change in policy loans, net 31  
Other investing activities, net (4) (46)
Cash used by (used for) investing activities (1,367) 254
Financing Activities    
Deposits and other additions to investment and universal life-type contracts 3,623 3,338
Withdrawals and other deductions from investment and universal life-type contracts (5,963) (6,174)
Net transfers from separate accounts related to investment and universal life-type contracts 2,218 2,418
Repayments at maturity or settlement of consumer notes (4)  
Proceeds from net issuance of shares under incentive and stock compensation plans, excess tax benefit and other (4) (2)
Treasury stock acquired (48)  
Dividends paid on preferred stock (11) (11)
Dividends paid on common stock (44) (19)
Changes in bank deposits and payments on bank advances   (1)
Net cash used for financing activities (233) (451)
Foreign exchange rate effect on cash (62) (22)
Net increase (decrease) in cash (522) 255
Cash - beginning of period 2,581 2,062
Cash - end of period 2,059 2,317
Supplemental Disclosure of Cash Flow Information    
Income taxes paid (received) (548) 26
Interest paid $ 89 $ 89