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Interim Statements of Cash Flows (USD $)
In Thousands
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net lncome (Loss) $ 144,229 $ (159,596)
Adjustments to reconcile net income to net cash provided by operating activities:    
Policy charges and fee income 35,621 41,983
Realized investment (gains) losses, net (28,014) (51,485)
Amortization and depreciation (3,101) (2,665)
Interest credited to policyholders' account balances 65,836 136,100
Change in:    
Future policy benefit reserves 121,976 106,327
Accrued investment income 4,871 3,117
Trading account assets 463 1,015
Net receivable (payable) to affiliates (20,990) 58,126
Deferred sales inducements 68,362 130,048
Deferred policy acquisition costs 134,658 182,207
Income taxes payable 42,411 72,826
Reinsurance recoverable (122,212) (105,038)
Other, net (23,001) (39,797)
Cash Flows From Operating Activities 421,109 373,168
Proceeds from the sale/maturity of:    
Fixed maturities, available for sale 782,515 670,176
Equity securities, available for sale 750 4,633
Commercial mortgage and other loans 80,631 6,824
Trading account assets 43,629 4,192
Policy loans 585 822
Other long-term investments 1,499 347
Short-term investments 2,222,012 2,936,759
Payments for the purchase/origination of:    
Fixed maturities, available for sale (166,461) (530,631)
Equity securities, available for sale (2,644) (5,000)
Commercial mortgage and other loans (42,539)  
Trading account assets (2,352) (2,475)
Policy loans (569) (333)
Other long-term investments (9,397) (29,405)
Short-term investments (2,279,223) (2,724,392)
Notes receivable from parent and affiliates, net 6,727 17,143
Other, net (217)  
Cash Flows From Investing Activities 634,946 348,660
CASH FLOWS USED IN FINANCING ACTIVITIES:    
Capital contribution from/(Distribution to) Parent (270,000) 17,106
Cash collateral for loaned securities 42,661 (123,809)
Securities sold under agreement to repurchase 40,644 (602)
Net decrease in short-term borrowing (7,474) (26,585)
Drafts outstanding (16,231) 22,045
Policyholders' account balances    
Deposits 719,496 1,865,603
Withdrawals (1,561,518) (2,435,871)
Cash Flows Used in Financing Activities (1,052,422) (682,113)
Net increase in cash and cash equivalents 3,633 39,715
Cash and cash equivalents, beginning of period 487 71,548
CASH AND CASH EQUIVALENTS, END OF PERIOD $ 4,120 $ 111,263