XML 98 R7.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Consolidated Statements of Cash Flows [Abstract]    
Net cash provided by operating activities $ 5,758 $ 3,499
Cash flows from investing activities    
Sales, maturities and repayments of fixed maturity securities 25,815 25,149
Sales, maturities and repayments of equity securities 166 473
Sales, maturities and repayments of mortgage loans 2,160 2,411
Sales, maturities and repayments of real estate and real estate joint ventures 251 106
Sales, maturities and repayments of other limited partnership interests 188 320
Purchases of fixed maturity securities (27,657) (32,954)
Purchases of equity securities (108) (271)
Purchases of mortgage loans (1,802) (2,678)
Purchases of real estate and real estate joint ventures (117) (159)
Purchases of other limited partnership interests (278) (211)
Cash received in connection with freestanding derivatives 417 1,070
Cash paid in connection with freestanding derivatives (1,566) (1,916)
Net change in securitized reverse residential mortgage loans (561) 0
Net change in policy loans (53) (87)
Net change in short-term investments 5,522 774
Net change in other invested assets (170) (66)
Other, net (40) (53)
Net cash provided by (used in) investing activities 2,167 (8,092)
Cash flows from financing activities    
Policyholder account balances: Deposits 25,069 25,042
Policyholder account balances: Withdrawals (23,247) (23,363)
Net change in payables for collateral under securities loaned and other transactions (1,220) 1,353
Net change in bank deposits (50) (1,027)
Net change in short-term debt (585) 266
Long-term debt issued 0 280
Long-term debt repaid (349) (249)
Net change in liability for securitized reverse residential mortgage loans 561 0
Common stock issued, net of issuance costs 0 2,950
Stock options exercised 75 47
Redemption of convertible preferred stock 0 (2,805)
Preferred stock redemption premium 0 (146)
Dividends on preferred stock (30) (30)
Other, net 16 (56)
Net cash provided by financing activities 240 2,262
Effect of change in foreign currency exchange rates on cash and cash equivalents balances 41 93
Change in cash and cash equivalents 8,206 (2,238)
Cash and cash equivalents, beginning of period 10,461 13,046
Cash and cash equivalents, end of period 18,667 10,808
Cash and cash equivalents, subsidiaries held-for-sale, beginning of period 0 89
Cash and cash equivalents, subsidiaries held-for-sale, end of period 0 116
Cash and cash equivalents, from continuing operations, beginning of period 10,461 12,957
Cash and cash equivalents, from continuing operations, end of period 18,667 10,692
Supplemental disclosures of cash flow information:    
Net cash paid during the period for Interest 266 333
Net cash paid during the period for Income tax 83 415
Non-cash transactions during the period:    
Real estate and real estate joint ventures acquired in satisfaction of debt $ 123 $ 0