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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash flows from operating activities    
Net income (loss) $ 1,189 $ (100)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation, amortization and other non-cash items 201 89
Realized capital gains and losses (195) (153)
(Gain) loss on disposition of operations (6) 13
Interest credited to contractholder funds 744 835
Changes in:    
Policy benefits and other insurance reserves (377) 665
Unearned premiums 27 (87)
Deferred policy acquisition costs 6 60
Premium installment receivables, net (9) (22)
Reinsurance recoverables, net 27 (40)
Income taxes 341 (226)
Other operating assets and liabilities (174) 226
Net cash provided by operating activities 1,774 1,260
Proceeds from sales    
Fixed income securities 9,918 14,140
Equity securities 1,275 854
Limited partnership interests 796 335
Mortgage loans 11 65
Other investments 88 109
Investment collections    
Fixed income securities 2,141 2,385
Mortgage loans 458 308
Other investments 39 92
Investment purchases    
Fixed income securities (12,345) (13,934)
Equity securities (290) (781)
Limited partnership interests (664) (765)
Mortgage loans (267) (536)
Other investments (243) (146)
Change in short-term investments, net (392) 1,166
Change in other investments, net (57) (170)
Purchases of property and equipment, net (116) (106)
Disposition of operations   (1)
Net cash provided by investing activities 352 3,015
Cash flows from financing activities    
Proceeds from issuance of long-term debt 493  
Repayment of long-term debt (351) (1)
Contractholder fund deposits 1,005 1,120
Contractholder fund withdrawals (2,665) (4,508)
Dividends paid (215) (218)
Treasury stock purchases (583) (544)
Shares reissued under equity incentive plans, net 26 17
Excess tax benefits on share-based payment arrangements 4 (3)
Other (45) (7)
Net cash used in financing activities (2,331) (4,144)
Net (decrease) increase in cash (205) 131
Cash at beginning of period 776 562
Cash at end of period $ 571 $ 693