XML 141 R7.htm IDEA: XBRL DOCUMENT v2.3.0.15
Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Consolidated Statements of Cash Flows [Abstract]  
Net cash provided by operating activities$ 9,040$ 5,193
Cash flows from investing activities  
Sales, maturities and repayments of fixed maturity securities81,91855,618
Sales, maturities and repayments of equity securities1,3421,002
Sales, maturities and repayments of mortgage loans8,7844,474
Sales, maturities and repayments of real estate and real estate joint ventures856135
Sales, maturities and repayments of other limited partnership interests852311
Purchases of fixed maturity securities(95,660)(69,997)
Purchases of equity securities(869)(638)
Purchases of mortgage loans(12,248)(5,888)
Purchases of real estate and real estate joint ventures(608)(474)
Purchases of other limited partnership interests(849)(745)
Cash received in connection with freestanding derivatives2,8411,717
Cash paid in connection with freestanding derivatives(3,102)(1,949)
Sale of interest in joint venture2650
Net change in policy loans(84)(169)
Net change in short-term investments(6,508)(3,152)
Net change in other invested assets(175)501
Other, net(104)(115)
Net cash used in investing activities(23,349)(19,369)
Cash flows from financing activities  
Policyholder account balances: Deposits69,91153,709
Policyholder account balances: Withdrawals(67,001)(50,126)
Net change in payables for collateral under securities loaned and other transactions7,6617,695
Net change in bank deposits296(959)
Net change in short-term debt1451,145
Long-term debt issued1,3464,590
Long-term debt repaid(1,192)(689)
Cash received in connection with collateral financing arrangements1000
Debt issuance costs(1)(14)
Common stock issued, net of issuance costs2,9503,529
Stock options exercised7732
Redemption of convertible preferred stock(2,805)0
Preferred stock redemption premium(146)0
Dividends on preferred stock(91)(91)
Other, net(68)(192)
Net cash provided by financing activities11,18218,629
Effect of change in foreign currency exchange rates on cash and cash equivalents balances133(8)
Change in cash and cash equivalents(2,994)4,445
Cash and cash equivalents, beginning of period13,04610,112
Cash and cash equivalents, end of period10,05214,557
Cash and cash equivalents, subsidiaries held-for-sale, beginning of period8988
Cash and cash equivalents, subsidiaries held-for-sale, end of period5178
Cash and cash equivalents, from continuing operations, beginning of period12,95710,024
Cash and cash equivalents, from continuing operations, end of period10,00114,479
Supplemental disclosures of cash flow information:  
Net cash paid during the period for Interest1,184997
Net cash paid during the period for Income tax668109
Non-cash transactions during the period:  
Real estate and real estate joint ventures acquired in satisfaction of debt$ 106$ 92