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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Statement of Cash Flows [Abstract]    
Net cash provided by (used in) operating activities $ 5,499 $ 6,204
Cash flows from investing activities    
Sales, maturities and repayments of fixed maturity securities 47,120 67,505
Sales, maturities and repayments of equity securities 452 893
Sales, maturities and repayments of mortgage loans 4,354 6,751
Sales, maturities and repayments of real estate and real estate joint ventures 490 171
Sales, maturities and repayments of other limited partnership interests 689 450
Purchases of fixed maturity securities (49,995) (74,049)
Purchases of equity securities (616) (776)
Purchases of mortgage loans (7,126) (9,088)
Purchases of real estate and real estate joint ventures (602) (674)
Purchases of other limited partnership interests (682) (401)
Cash received in connection with freestanding derivatives 3,945 2,478
Cash paid in connection with freestanding derivatives (5,698) (2,709)
Purchases of investments in operating joint ventures 0 (39)
Net change in policy loans 6 107
Net change in short-term investments 914 (415)
Net change in other invested assets (206) 133
Other, net (194) (245)
Net cash provided by (used in) investing activities (7,149) (9,908)
Cash flows from financing activities    
Policyholder account balances: Deposits 44,854 41,348
Policyholder account balances: Withdrawals (42,387) (39,893)
Net change in payables for collateral under securities loaned and other transactions 1,205 8,594
Long-term debt issued 2,989 0
Long-term debt repaid (9) (1,264)
Collateral financing arrangements repaid (2,836) (26)
Financing element on certain derivative instruments and other derivative related transactions, net (94) (194)
Treasury stock acquired in connection with share repurchases (1,810) (70)
Dividends on preferred stock (52) (52)
Dividends on common stock (868) (854)
Other, net (186) 78
Net cash provided by (used in) financing activities 806 7,667
Effect of change in foreign currency exchange rates on cash and cash equivalents balances 286 352
Change in cash and cash equivalents (558) 4,315
Cash and cash equivalents, beginning of period 17,877 12,752
Cash and cash equivalents, end of period 17,319 17,067
Supplemental disclosures of cash flow information:    
Net cash paid for Interest 574 623
Net cash paid (received) for Income tax 505 393
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