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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Statement of Cash Flows [Abstract]    
Net cash provided by (used in) operating activities $ 1,296 $ 2,098
Cash flows from investing activities    
Sales, maturities and repayments of fixed maturity securities 26,053 23,086
Sales, maturities and repayments of equity securities 187 188
Sales, maturities and repayments of mortgage loans 2,076 1,776
Sales, maturities and repayments of real estate and real estate joint ventures 128 39
Sales, maturities and repayments of other limited partnership interests 139 461
Purchases of fixed maturity securities (24,220) (22,484)
Purchases of equity securities (51) (299)
Purchases of mortgage loans (4,024) (3,430)
Purchases of real estate and real estate joint ventures (242) (341)
Purchases of other limited partnership interests (260) (362)
Cash received in connection with freestanding derivatives 1,974 2,515
Cash paid in connection with freestanding derivatives (2,192) (3,372)
Net change in policy loans (25) (20)
Net change in short-term investments (160) (1,892)
Net change in other invested assets 46 (43)
Other, net 86 (98)
Net cash provided by (used in) investing activities (485) (4,276)
Cash flows from financing activities    
Policyholder account balances: Deposits 24,861 21,271
Policyholder account balances: Withdrawals (24,447) (19,100)
Net change in payables for collateral under securities loaned and other transactions 667 391
Long-term debt issued 14 0
Long-term debt repaid (32) (4)
Collateral financing arrangements repaid (13) (12)
Financing element on certain derivative instruments and other derivative related transactions, net 37 188
Treasury stock acquired in connection with share repurchases (1,041) (858)
Preferred stock issued, net of issuance costs 494 0
Dividends on preferred stock (6) (6)
Dividends on common stock (416) (437)
Other, net 100 66
Net cash provided by (used in) financing activities 218 1,499
Effect of change in foreign currency exchange rates on cash and cash equivalents balances 197 213
Change in cash and cash equivalents 1,226 (466)
Cash and cash equivalents, beginning of period 12,701 17,877
Cash and cash equivalents, end of period 13,927 17,411
Cash and cash equivalents, of disposed subsidiary, beginning of period 0 5,226
Cash and cash equivalents, of disposed subsidiary, end of period 0 5,810
Cash and cash equivalents, from continuing operations, beginning of period 12,701 12,651
Cash and cash equivalents, from continuing operations, end of period 13,927 11,601
Supplemental disclosures of cash flow information:    
Net cash paid for Interest 243 255
Net cash paid (received) for Income tax $ 146 $ 109