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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities  
Net income$ 64$ 632
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation, amortization and other non-cash items14955
Realized capital gains and losses(417)943
Loss (gain) on disposition of operations17(12)
Interest credited to contractholder funds1,2401,358
Changes in:  
Policy benefits and other insurance reserves546143
Unearned premiums220172
Deferred policy acquisition costs138(138)
Premium installment receivables, net(158)(137)
Reinsurance recoverables, net(275)(229)
Income taxes(188)178
Other operating assets and liabilities33558
Net cash provided by operating activities1,6713,023
Proceeds from sales  
Fixed income securities23,91617,345
Equity securities1,1164,262
Limited partnership interests762387
Mortgage loans74121
Other investments14998
Investment collections  
Fixed income securities3,8643,672
Mortgage loans491784
Other investments10596
Investment purchases  
Fixed income securities(21,900)(20,712)
Equity securities(1,066)(2,721)
Limited partnership interests(1,159)(1,040)
Mortgage loans(896)(55)
Other investments(199)(99)
Change in short-term investments, net64104
Change in other investments, net(357)(464)
Purchases of property and equipment, net(160)(114)
Disposition of operations17
Net cash provided by investing activities4,8051,671
Cash flows from financing activities  
Repayment of long-term debt(1)(1)
Contractholder fund deposits1,6062,297
Contractholder fund withdrawals(6,439)(6,779)
Dividends paid(327)(322)
Treasury stock purchases(858)(5)
Shares reissued under equity incentive plans, net1826
Excess tax benefits on share-based payment arrangements(4)(7)
Other(7)(15)
Net cash used in financing activities(6,012)(4,806)
Net increase (decrease) in cash464(112)
Cash at beginning of period562612
Cash at end of period$ 1,026$ 500