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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Statement of Cash Flows [Abstract]    
Net cash flows provided by (used in) operating activities $ 146 $ (223)
Fixed maturity securities:    
Purchases (1,563) (1,322)
Sales 812 683
Maturities 643 758
Net sales (purchases) of short-term investments 44 282
Net proceeds from paydowns on financial guaranty variable interest entities’ assets 553 407
Acquisition of Municipal Assurance Corp., net of cash acquired 0 (91)
Other 81 85
Net cash flows provided by (used in) investing activities 570 802
Financing activities    
Proceeds from issuance of common stock 0 173
Dividends paid (57) (51)
Repurchases of common stock (259) (24)
Share activity under option and incentive plans 0 (3)
Net paydowns of financial guaranty variable interest entities’ liabilities (409) (553)
Repayment of long-term debt (22) (204)
Net cash flows provided by (used in) financing activities (747) (662)
Effect of exchange rate changes (1) 1
Increase (decrease) in cash (32) (82)
Cash at beginning of period 138 215
Cash at end of period 106 133
Cash paid (received) during the period for:    
Income taxes 81 (11)
Interest $ 47 $ 56