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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities    
Premiums collected $ 2,450 $ 2,253
Net investment income received 222 233
Limited partnership distributions 79 54
Service agreement fee received 15 15
Commissions and bonuses paid to agents (356) (320)
Losses paid (1,359) (1,267)
Loss expenses paid (227) (232)
Other underwriting and acquisition costs paid (345) (318)
Income taxes paid (149) (227)
Net cash provided by (used in) operating activities 330 191
Purchase of investments:    
Fixed maturities (1,240) (983)
Preferred stock (54) (82)
Common stock (700) (518)
Limited partnerships (52) (42)
Sales/maturities of investments:    
Fixed maturity sales 330 338
Fixed maturity calls/maturities 617 567
Preferred stock 42 67
Common stock 654 503
Sale of and returns on limited partnerships 86 112
Net purchase of property and equipment (19) (20)
Net collections on agent loans 1 1
Net cash provided by (used in) investing activities (335) (57)
Cash flows from financing activities    
Annuity deposits and interest 47 49
Annuity surrenders and withdrawals (39) (37)
Universal life deposits and interest 12 11
Universal life surrenders (5) (5)
Purchase of treasury stock (17) (44)
Dividends paid to shareholders (28) (53)
Net cash provided by (used in) financing activities (30) (79)
Net increase (decrease) in cash and cash equivalents (35) 55
Cash and cash equivalents at beginning of period 400 185
Cash and cash equivalents at end of period $ 365 $ 240