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Consolidated Statement of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Operating Activities:    
Net earnings, including noncontrolling interests $ 107 $ 113
Adjustments:    
Depreciation and amortization 27 35
Annuity benefits 168 134
Realized gains on investing activities (19) (58)
Net sales of trading securities 6 10
Deferred annuity and life policy acquisition costs (50) (34)
Change in:    
Reinsurance and other receivables 459 807
Other assets (5) (25)
Insurance claims and reserves (226) (597)
Payable to reinsurers (108) (225)
Other liabilities (60) 85
Managed investment entities’ assets/liabilities (99) (193)
Other operating activities, net 4 7
Net cash provided by operating activities 204 59
Investing Activities:    
Purchases of fixed maturities (1,355) (1,370)
Purchases of equity securities (137) (71)
Purchases of mortgage loans (113) 0
Purchases of real estate, property and equipment (14) (28)
Purchases of business (8) 0
Proceeds from maturities and redemptions of fixed maturities 782 675
Proceeds from repayments of mortgage loans 6 23
Proceeds from sales of fixed maturities 151 91
Proceeds from sales of equity securities 51 58
Managed investment entities:    
Purchases of investments (244) (440)
Proceeds from sales and redemptions of investments 442 578
Other investing activities, net 13 14
Net cash used in investing activities (426) (470)
Financing Activities:    
Annuity receipts 967 624
Annuity surrenders, benefits and withdrawals (395) (372)
Net transfers from variable annuity assets 6 3
Reductions of long-term debt 0 (3)
Issuances of managed investment entities’ liabilities 45 233
Retirement of managed investment entities’ liabilities (133) (251)
Issuances of Common Stock 11 21
Repurchases of Common Stock (24) (3)
Cash dividends paid on Common Stock (19) (17)
Other financing activities, net 1 0
Net cash provided by financing activities 459 235
Net Change in Cash and Cash Equivalents 237 (176)
Cash and cash equivalents at beginning of period 1,639 1,705
Cash and cash equivalents at end of period $ 1,876 $ 1,529