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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities    
Net income $ 1,912 $ 75
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and other non-cash items 293 149
Realized capital gains and losses (123) (417)
(Gain) loss on disposition of operations (15) 10
Interest credited to contractholder funds 959 1,240
Changes in:    
Policy benefits and other insurance reserves (769) 546
Unearned premiums 421 220
Deferred policy acquisition costs 13 129
Premium installment receivables, net (178) (158)
Reinsurance recoverables, net (139) (275)
Income taxes 669 (183)
Other operating assets and liabilities (425) 335
Net cash provided by operating activities 2,618 1,671
Proceeds from sales    
Fixed income securities 13,952 23,916
Equity securities 1,345 1,116
Limited partnership interests 1,067 762
Mortgage loans 11 74
Other investments 104 149
Investment collections    
Fixed income securities 3,892 3,864
Mortgage loans 682 491
Other investments 70 105
Investment purchases    
Fixed income securities (16,809) (21,900)
Equity securities (385) (1,066)
Limited partnership interests (1,232) (1,159)
Mortgage loans (472) (896)
Other investments (275) (199)
Change in short-term investments, net (1,284) 64
Change in other investments, net (6) (357)
Purchases of property and equipment, net (176) (160)
Disposition of operations 13 1
Net cash provided by investing activities 497 4,805
Cash flows from financing activities    
Proceeds from issuance of long-term debt 493  
Repayment of long-term debt (351) (1)
Contractholder fund deposits 1,571 1,606
Contractholder fund withdrawals (3,938) (6,439)
Dividends paid (322) (327)
Treasury stock purchases (729) (858)
Shares reissued under equity incentive plans, net 60 18
Excess tax benefits on share-based payment arrangements 7 (4)
Other (40) (7)
Net cash used in financing activities (3,249) (6,012)
Net (decrease) increase in cash (134) 464
Cash at beginning of period 776 562
Cash at end of period $ 642 $ 1,026