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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Statement of Cash Flows [Abstract]    
Net cash provided by (used in) operating activities $ 1,964 $ 2,686
Cash flows from investing activities    
Sales, maturities and repayments of fixed maturity securities 35,095 35,647
Sales, maturities and repayments of equity securities 631 58
Sales, maturities and repayments of mortgage loans 2,857 2,719
Sales, maturities and repayments of real estate and real estate joint ventures 56 280
Sales, maturities and repayments of other limited partnership interests 295 279
Purchases of fixed maturity securities (37,247) (33,305)
Purchases of equity securities (675) (107)
Purchases of mortgage loans (4,413) (5,559)
Purchases of real estate and real estate joint ventures (233) (140)
Purchases of other limited partnership interests (281) (275)
Cash received in connection with freestanding derivatives 1,337 947
Cash paid in connection with freestanding derivatives (1,173) (1,494)
Cash received under repurchase agreements (Note 6) 0 199
Cash paid under reverse repurchase agreements (Note 6) 0 (199)
Net change in policy loans 85 (7)
Net change in short-term investments (2,302) (5,690)
Net change in other invested assets 252 (167)
Other, net (23) (86)
Net cash provided by (used in) investing activities (5,739) (6,900)
Cash flows from financing activities    
Policyholder account balances: Deposits 19,925 22,463
Policyholder account balances: Withdrawals (19,310) (22,736)
Net change in payables for collateral under securities loaned and other transactions 4,161 1,985
Long-term debt issued 0 1,492
Long-term debt repaid (5) (7)
Collateral financing arrangements repaid (12) 0
Treasury stock acquired in connection with share repurchases (70) (986)
Dividends on preferred stock (6) (30)
Dividends on common stock (413) (394)
Other, net (30) (64)
Net cash provided by (used in) financing activities 4,240 1,723
Effect of change in foreign currency exchange rates on cash and cash equivalents balances 73 (190)
Change in cash and cash equivalents 538 (2,681)
Cash and cash equivalents, beginning of period 12,752 10,808
Cash and cash equivalents, end of period 13,290 8,127
Supplemental disclosures of cash flow information:    
Net cash paid for Interest 249 214
Net cash paid (received) for Income tax 125 147
Non-cash transactions:    
Reduction of fixed maturity securities in connection with a reinsurance transaction 224 0
Deconsolidation of operating joint venture (Note 6):    
Reduction of fixed maturity securities 917 0
Reduction of noncontrolling interests $ 373 $ 0