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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash flows from operating activities    
Net income $ 709 $ 766
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and other non-cash items 87 96
Realized capital gains and losses (131) (168)
Gain on disposition of operations (2) (3)
Interest credited to contractholder funds 345 378
Changes in:    
Policy benefits and other insurance reserves (514) (346)
Unearned premiums (146) (180)
Deferred policy acquisition costs (30) 52
Premium installment receivables, net (22) 19
Reinsurance recoverables, net 406 57
Income taxes 277 333
Other operating assets and liabilities (239) (197)
Net cash provided by operating activities 740 807
Proceeds from sales    
Fixed income securities 5,474 5,689
Equity securities 210 1,059
Limited partnership interests 160 403
Mortgage loans 2 6
Other investments 15 36
Investment collections    
Fixed income securities 1,745 966
Mortgage loans 237 170
Other investments 54 23
Investment purchases    
Fixed income securities (6,084) (7,008)
Equity securities (317) (128)
Limited partnership interests (255) (318)
Mortgage loans (75) (216)
Other investments (196) (163)
Change in short-term investments, net (808) (379)
Change in other investments, net 34 (9)
Purchases of property and equipment, net (60) (51)
Disposition of operations   (1)
Net cash provided by investing activities 136 79
Cash flows from financing activities    
Proceeds from issuance of long-term debt 492 493
Repayment of long-term debt   (350)
Contractholder fund deposits 591 485
Contractholder fund withdrawals (1,259) (1,299)
Dividends paid   (106)
Treasury stock purchases (739) (309)
Shares reissued under equity incentive plans, net 17 15
Excess tax benefits on share-based payment arrangements 23 (1)
Other 13 (13)
Net cash used in financing activities (862) (1,085)
Net increase (decrease) in cash 14 (199)
Cash at beginning of period 806 776
Cash at end of period $ 820 $ 577