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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities      
Net income (loss) $ 3,393 $ 1,362 $ 6,415
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization expenses 714 596 679
Amortization of premiums and accretion of discounts associated with investments, net (167) (426) (477)
(Gains) losses on investments and derivatives and from sales of businesses, net 4,011 3,197 (3,181)
(Income) loss from equity method investments, net of dividends or distributions 99 108 315
Interest credited to policyholder account balances 8,179 7,729 5,603
Interest credited to bank deposits 2 78 95
Universal life and investment-type product policy fees (9,451) (8,556) (7,806)
Goodwill impairment 0 1,868 0
Change in fair value option and trading securities (1,433) 1,900 648
Change in residential mortgage loans held-for-sale, net 373 3,370 (4,530)
Change in mortgage servicing rights 0 153 (60)
Change in accrued investment income 293 219 525
Change in premiums, reinsurance and other receivables (582) (109) 58
Change in deferred policy acquisition costs and value of business acquired, net (920) (1,139) (591)
Change in income tax 871 (883) 1,742
Change in other assets 1,767 2,951 2,360
Change in insurance-related liabilities and policy-related balances 6,897 5,918 7,081
Change in other liabilities 1,008 (1,699) 1,136
Other, net 1,077 523 261
Net cash provided by (used in) operating activities 16,131 17,160 10,273
Cash flows from investing activities      
Sales, maturities and repayments of fixed maturity securities 117,523 103,823 104,302
Sales, maturities and repayments of equity securities 725 1,140 2,006
Sales, maturities and repayments of mortgage loans 12,881 14,673 13,486
Sales, maturities and repayments of real estate and real estate joint ventures 356 1,018 1,296
Sales, maturities and repayments of other limited partnership interests 807 974 1,121
Purchases of fixed maturity securities (117,826) (115,793) (116,939)
Purchases of equity securities (943) (627) (1,481)
Purchases of mortgage loans (14,677) (11,442) (14,694)
Purchases of real estate and real estate joint ventures (1,880) (1,942) (1,534)
Purchases of other limited partnership interests (1,356) (1,323) (1,147)
Cash received in connection with freestanding derivatives 1,567 1,933 2,815
Cash paid in connection with freestanding derivatives (6,710) (3,258) (3,478)
Net change in securitized reverse residential mortgage loans 0 (1,198) 0
Sales of businesses, net of cash and cash equivalents disposed of $14, $29 and $54, respectively 393 576 126
Sale of bank deposits (6,395) 0 0
Sale of interest in joint venture 0 0 265
Disposal of subsidiary 0 0 4
Purchases of businesses, net of cash and cash equivalents acquired of $20, $33 and $70, respectively (1,840) (16) (163)
Net change in policy loans (112) (111) (66)
Net change in short-term investments 2,955 593 (7,949)
Net change in other invested assets (547) (791) (19)
Other, net (86) (158) (169)
Net cash provided by (used in) investing activities (15,165) (11,929) (22,218)
Cash flows from financing activities      
Policyholder account balances: Deposits 79,193 91,284 91,946
Policyholder account balances: Withdrawals (84,874) (86,994) (87,625)
Net change in payables for collateral under securities loaned and other transactions (3,276) (29) 6,444
Net change in bank deposits 8 (4,169) 96
Net change in short-term debt 75 (586) 380
Long-term debt issued 1,372 750 1,346
Long-term debt repaid (1,746) (1,702) (2,042)
Collateral financing arrangements repaid 0 (349) (502)
Cash received (paid) in connection with collateral financing arrangements 0 (44) 37
Net change in liability for securitized reverse residential mortgage loans 0 1,198 0
Cash received in connection with redeemable noncontrolling interests 774 0 0
Common stock issued, net of issuance costs 1,000 1,000 2,950
Redemption of convertible preferred stock 0 0 (2,805)
Preferred stock redemption premium 0 0 (146)
Dividends on preferred stock (122) (122) (122)
Dividends on common stock (1,119) (811) (787)
Other, net (192) 609 212
Net cash provided by (used in) financing activities (8,907) 35 9,382
Effect of change in foreign currency exchange rates on cash and cash equivalents balances (212) 11 (22)
Change in cash and cash equivalents (8,153) 5,277 (2,585)
Cash and cash equivalents, beginning of year 15,738 10,461 13,046
Cash and cash equivalents, end of year 7,585 15,738 10,461
Cash and cash equivalents, subsidiaries held-for-sale, beginning of year 0 0 89
Cash and cash equivalents, subsidiaries held-for-sale, end of year 0 0 0
Cash and cash equivalents, from continuing operations, beginning of year 15,738 10,461 12,957
Cash and cash equivalents, from continuing operations, end of year 7,585 15,738 10,461
Supplemental disclosures of cash flow information:      
Net cash paid for Interest 1,270 1,335 1,565
Net cash paid for income tax 677 554 676
Business acquisitions:      
Assets acquired 2,988 595 327
Liabilities assumed (972) (579) (94)
Noncontrolling interests assumed (176) 0 0
Cash paid, excluding transaction costs of $17, $0 and $0, respectively 1,840 16 233
Real estate and real estate joint ventures acquired in satisfaction of debt 59 553 292
Collateral financing arrangements repaid 0 102 148
Redemption of advances agreements in long-term debt 0 3,806 0
Issuance of funding agreements in policyholder account balances $ 0 $ 3,806 $ 0