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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Statement of Cash Flows [Abstract]    
Net cash provided by (used in) operating activities $ 2,098 $ 1,913
Cash flows from investing activities    
Sales, maturities and repayments of fixed maturity securities 23,086 35,095
Sales, maturities and repayments of equity securities 188 631
Sales, maturities and repayments of mortgage loans 1,776 2,857
Sales, maturities and repayments of real estate and real estate joint ventures 39 56
Sales, maturities and repayments of other limited partnership interests 461 295
Purchases of fixed maturity securities (22,484) (37,247)
Purchases of equity securities (299) (675)
Purchases of mortgage loans (3,430) (4,413)
Purchases of real estate and real estate joint ventures (341) (233)
Purchases of other limited partnership interests (362) (281)
Cash received in connection with freestanding derivatives 2,515 1,337
Cash paid in connection with freestanding derivatives (3,372) (1,173)
Net change in policy loans (20) 85
Net change in short-term investments (1,892) (2,302)
Net change in other invested assets (43) 252
Other, net (98) (23)
Net cash provided by (used in) investing activities (4,276) (5,739)
Cash flows from financing activities    
Policyholder account balances: Deposits 21,271 19,925
Policyholder account balances: Withdrawals (19,100) (19,310)
Net change in payables for collateral under securities loaned and other transactions 391 4,161
Net change in short-term debt 18 0
Long-term debt repaid (4) (5)
Collateral financing arrangements repaid (12) (12)
Financing element on certain derivative instruments and other derivative related transactions, net 188 (13)
Treasury stock acquired in connection with share repurchases (858) (70)
Dividends on preferred stock (6) (6)
Dividends on common stock (437) (413)
Other, net 48 34
Net cash provided by (used in) financing activities 1,499 4,291
Effect of change in foreign currency exchange rates on cash and cash equivalents balances 213 73
Change in cash and cash equivalents (466) 538
Cash and cash equivalents, beginning of period 17,877 12,752
Cash and cash equivalents, end of period 17,411 13,290
Supplemental disclosures of cash flow information:    
Net cash paid for Interest 255 249
Net cash paid (received) for Income tax 109 125
Non-cash transactions:    
Reduction of fixed maturity securities in connection with a reinsurance transaction 0 224
Deconsolidation of operating joint venture:    
Reduction of fixed maturity securities 0 917
Reduction of noncontrolling interests $ 0 $ 373