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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Statement of Cash Flows [Abstract]    
Net cash flows provided by (used in) operating activities $ 347 [1] $ 146 [1]
Fixed-maturity securities:    
Purchases (2,031) (1,563)
Sales 951 812
Maturities 557 643
Net sales (purchases) of short-term investments 89 44
Proceeds from paydowns on financial guaranty variable interest entities’ assets 346 553
Other 9 81
Net cash flows provided by (used in) investing activities (79) 570
Financing activities    
Dividends paid (58) (57)
Repurchases of common stock (438) (259)
Share activity under option and incentive plans (1) 0
Paydowns of financial guaranty variable interest entities’ liabilities (348) (409)
Net proceeds from issuance of long-term debt 495 0
Repayment of long-term debt (18) (22)
Net cash flows provided by (used in) financing activities (368) (747)
Effect of exchange rate changes (2) (1)
Increase (decrease) in cash (102) (32)
Cash at beginning of period 184 138
Cash at end of period 82 106
Cash paid (received) during the period for:    
Income taxes 68 81
Interest $ 45 $ 47
[1] (1)Assured Guaranty Ltd., AGUS and AGMH net cash flows provided by (used in) operating activities includes dividends from subsidiaries.