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Consolidated Statement of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Operating Activities:      
Net earnings, including noncontrolling interests $ 402 $ 319 $ 426
Adjustments:      
Depreciation and amortization 257 180 202
Annuity benefits 541 510 444
Realized gains on investing activities (367) (74) (92)
Net (purchases) sales of trading securities 17 (45) (11)
Deferred annuity and life policy acquisition costs (212) (239) (195)
Change in:      
Reinsurance and other receivables (495) (228) 555
Other assets (51) (101) (1)
Insurance claims and reserves 918 134 (413)
Payable to reinsurers 0 155 (150)
Other liabilities (180) 245 4
Managed investment entities' assets/liabilities (21) (212) 89
Other operating activities, net 8 23 6
Net cash provided by operating activities 817 667 864
Investing Activities:      
Purchases of fixed maturities (4,458) (5,321) (4,979)
Purchases of equity securities (281) (397) (223)
Purchases of mortgage loans (269) (190) (159)
Purchases of real estate, property and equipment (71) (86) (74)
Purchases of subsidiaries 0 0 (128)
Proceeds from maturities and redemptions of fixed maturities 2,262 1,974 2,081
Proceeds from repayments of mortgage loans 46 269 71
Proceeds from sales of fixed maturities 632 1,293 1,540
Proceeds from sales of equity securities 437 198 49
Proceeds from sales of real estate, property and equipment 4 3 4
Proceeds from sales of subsidiaries 322 9 0
Cash and cash equivalents of businesses acquired or sold, net (34) (5) 95
Managed investment entities:      
Purchases of investments (1,849) (1,563) (1,008)
Proceeds from sales and redemptions of investments 1,857 1,391 1,018
Other investing activities, net (23) (14) 8
Net cash used in investing activities (1,425) (2,439) (1,705)
Financing Activities:      
Annuity receipts 2,993 3,326 2,282
Annuity surrenders, benefits and withdrawals (1,504) (1,321) (1,221)
Net transfers from variable annuity assets 36 39 7
Additional long-term borrowings 372 2 159
Reductions of long-term debt (365) (20) (39)
Issuances of managed investment entities' liabilities 781 394 0
Retirement of managed investment entities' liabilities (830) (66) (45)
Issuances of Common Stock 46 39 32
Repurchases of Common Stock (415) (315) (292)
Cash dividends paid on Common Stock (90) (67) (63)
Other financing activities, net (35) (14) 0
Net cash provided by financing activities 989 1,997 820
Net Change in Cash and Cash Equivalents 381 225 (21)
Cash and cash equivalents at beginning of year 1,324 1,099 1,120
Cash and cash equivalents at end of year $ 1,705 $ 1,324 $ 1,099