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Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Statement of Cash Flows [Abstract]    
Net cash flows provided by (used in) operating activities $ (90) $ 23
Fixed-maturity securities:    
Purchases (296) (448)
Sales 162 841
Maturities 301 155
Net sales (purchases) of short-term investments (63) 420
Net proceeds from paydowns on financial guaranty variable interest entities’ assets 66 30
Other 2 3
Net cash flows provided by (used in) investing activities 172 1,001
Financing activities    
Dividends paid (18) (19)
Repurchases of common stock (75) (152)
Share activity under option and incentive plans 0 (5)
Net paydowns of financial guaranty variable interest entities’ liabilities (42) (39)
Repayment of long-term debt 0 (1)
Other (1) 4
Net cash flows provided by (used in) financing activities (136) (212)
Effect of foreign exchange rate changes 0 (2)
Increase (decrease) in cash (54) 810
Cash at beginning of period 166 75
Cash at end of period 112 885
Supplemental cash flow information    
Income taxes 1 17
Interest $ 7 $ 7