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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Statement of Cash Flows [Abstract]    
Net cash provided by (used in) operating activities $ 2,072 $ 1,296
Cash flows from investing activities    
Sales, maturities and repayments of fixed maturity securities available-for-sale 21,606 26,053
Sales, maturities and repayments of equity securities 149 187
Sales, maturities and repayments of mortgage loans 1,769 2,076
Sales, maturities and repayments of real estate and real estate joint ventures 103 128
Sales, maturities and repayments of other limited partnership interests 250 139
Purchases of fixed maturity securities available-for-sale (23,386) (24,220)
Purchases of equity securities (16) (51)
Purchases of mortgage loans (4,416) (4,024)
Purchases of real estate and real estate joint ventures (483) (242)
Purchases of other limited partnership interests (428) (260)
Cash received in connection with freestanding derivatives 1,021 1,974
Cash paid in connection with freestanding derivatives (1,231) (2,192)
Net change in policy loans 16 (25)
Net change in short-term investments (545) (160)
Net change in other invested assets (53) 46
Other, net (55) 86
Net cash provided by (used in) investing activities (5,699) (485)
Cash flows from financing activities    
Policyholder account balances: Deposits 23,891 24,861
Policyholder account balances: Withdrawals (20,904) (24,447)
Net change in payables for collateral under securities loaned and other transactions 388 592
Cash received for other transactions with tenors greater than three months 0 75
Cash paid for other transactions with tenors greater than three months (75) 0
Long-term debt issued 0 14
Long-term debt repaid (10) (32)
Collateral financing arrangements repaid (12) (13)
Financing element on certain derivative instruments and other derivative related transactions, net (29) 37
Treasury stock acquired in connection with share repurchases (500) (1,041)
Preferred stock issued, net of issuance costs 0 494
Dividends on preferred stock (32) (6)
Dividends on common stock (405) (416)
Other, net 4 100
Net cash provided by (used in) financing activities 2,316 218
Effect of change in foreign currency exchange rates on cash and cash equivalents balances (4) 197
Change in cash and cash equivalents (1,315) 1,226
Cash and cash equivalents, beginning of period 15,821 12,701
Cash and cash equivalents, end of period 14,506 13,927
Supplemental disclosures of cash flow information:    
Net cash paid for Interest 148 243
Net cash paid (received) for Income tax 114 146
Non-cash transactions:    
Reclassification of certain equity securities to other invested assets $ 0 $ 791