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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash flows from operating activities    
Net income $ 1,459 $ 1,912
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and other non-cash items 246 293
Realized capital gains and losses (452) (123)
Loss on extinguishment of debt 489  
Loss (gain) on disposition of operations 644 (15)
Interest credited to contractholder funds 973 959
Changes in:    
Policy benefits and other insurance reserves (787) (769)
Unearned premiums 670 421
Deferred policy acquisition costs (208) 13
Premium installment receivables, net (300) (178)
Reinsurance recoverables, net 294 (139)
Income taxes 455 669
Other operating assets and liabilities (412) (425)
Net cash provided by operating activities 3,071 2,618
Proceeds from sales    
Fixed income securities 15,354 13,952
Equity securities 2,231 1,345
Limited partnership interests 676 1,067
Mortgage loans 20 11
Other investments 93 104
Investment collections    
Fixed income securities 4,879 3,892
Mortgage loans 783 682
Other investments 213 70
Investment purchases    
Fixed income securities (16,645) (16,809)
Equity securities (2,565) (385)
Limited partnership interests (911) (1,232)
Mortgage loans (423) (472)
Other investments (880) (275)
Change in short-term investments, net (544) (1,284)
Change in other investments, net 92 (6)
Purchases of property and equipment, net (116) (176)
(Acquisition) disposition of operations (24) 13
Net cash provided by investing activities 2,233 497
Cash flows from financing activities    
Proceeds from issuance of long-term debt 2,267 493
Repayment of long-term debt (2,605) (351)
Proceeds from issuance of preferred stock 651  
Contractholder fund deposits 1,608 1,571
Contractholder fund withdrawals (5,458) (3,938)
Dividends paid on common stock (237) (322)
Treasury stock purchases (1,385) (729)
Shares reissued under equity incentive plans, net 108 60
Excess tax benefits on share-based payment arrangements 33 7
Other (10) (40)
Net cash used in financing activities (5,028) (3,249)
Transfer of cash to held for sale (13)  
Net increase (decrease) in cash 263 (134)
Cash at beginning of period 806 776
Cash at end of period $ 1,069 $ 642