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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Cash flows from operating activities:    
Net earnings (loss) $ (1,071) $ 4,139
Adjustments to reconcile net earnings (loss) to operating cash flows:    
Investment gains/losses 7,809 (315)
Depreciation and amortization 2,387 2,243
Other (1) 120
Changes in operating assets and liabilities:    
Losses and loss adjustment expenses 69 16,900
Deferred charges reinsurance assumed 271 (5,783)
Unearned premiums 2,352 1,829
Receivables and originated loans (2,186) (1,197)
Other assets (881) (339)
Other liabilities (392) (753)
Income taxes (801) 1,451
Net cash flows from operating activities 7,556 18,295
Cash flows from investing activities:    
Purchases of U.S. Treasury Bills and fixed maturity securities (13,037) (45,342)
Purchases of equity securities (14,765) (10,590)
Sales of U.S. Treasury Bills and fixed maturity securities 13,577 10,048
Redemptions and maturities of U.S. Treasury Bills and fixed maturity securities 35,088 23,990
Sales and redemptions of equity securities 4,240 3,452
Purchases of loans and finance receivables (41) (52)
Collections of loans and finance receivables 100 97
Acquisitions of businesses, net of cash acquired (112) (1,599)
Purchases of property, plant and equipment (2,589) (2,355)
Other (153) (181)
Net cash flows from investing activities 22,308 (22,532)
Cash flows from financing activities:    
Changes in short term borrowings, net (1,929) 87
Other (102) (23)
Net cash flows from financing activities (3,794) 2,015
Effects of foreign currency exchange rate changes 92 61
Increase (decrease) in cash and cash equivalents and restricted cash 26,162 (2,161)
Cash and cash equivalents and restricted cash:    
Cash and cash equivalents and restricted cash at beginning of year 32,212 28,643
Cash and cash equivalents and restricted cash at end of first quarter 58,374 26,482
Restricted cash, included in other assets at beginning of year 629 595
Restricted cash, included in other assets at end of first quarter 493 519
Insurance and Other [Member]    
Cash flows from financing activities:    
Proceeds from borrowings 17 1,203
Repayments of borrowings (1,840) (1,130)
Cash and cash equivalents and restricted cash:    
Cash and cash equivalents at beginning of year 25,460 23,581
Cash and cash equivalents at end of first quarter 50,559 18,362
Railroad, Utilities and Energy [Member]    
Cash flows from financing activities:    
Proceeds from borrowings 3,613 2,094
Repayments of borrowings (1,221) (446)
Cash and cash equivalents and restricted cash:    
Cash and cash equivalents at beginning of year 2,910 3,939
Cash and cash equivalents at end of first quarter 3,550 5,584
Finance and Financial Products [Member]    
Cash flows from financing activities:    
Proceeds from borrowings 20 1,298
Repayments of borrowings (2,352) (1,068)
Cash and cash equivalents and restricted cash:    
Cash and cash equivalents at beginning of year 3,213 528
Cash and cash equivalents at end of first quarter $ 3,772 $ 2,017