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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Cash Flows from Operating Activities    
Net Income $ 869 $ 948
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities    
Increase in Unpaid Losses and Loss Expenses, Net 218 87
Increase in Unearned Premiums, Net 177 192
Amortization of Premiums and Discounts on Fixed Maturities 114 93
Depreciation 25 27
Realized Investment Gains, Net (31) (241)
Other, Net (290) (328)
Net Cash Provided by Operating Activities 1,082 778
Cash Flows from Investing Activities    
Proceeds from Fixed Maturities - Sales 2,401 2,377
Proceeds from Fixed Maturities - Maturities, Calls and Redemptions 1,917 2,067
Proceeds from Sales of Equity Securities 28 136
Purchases of Fixed Maturities (4,421) (4,884)
Purchases of Equity Securities (32) (97)
Investments in Other Invested Assets, Net 16 112
Decrease (Increase) in Short Term Investments, Net (113) 259
Change in Receivable or Payable from Security Transactions Not Settled, Net 31 278
Purchases of Property and Equipment, Net (37) (26)
Other, Net   (3)
Net Cash Provided by (Used in) Investing Activities (210) 219
Cash Flows from Financing Activities    
Decrease in Funds Held Under Deposit Contracts (1) (1)
Proceeds from Issuance of Common Stock Under Stock-Based Employee Compensation Plans 6 15
Repurchase of Shares (624) (774)
Dividends Paid to Shareholders (250) (234)
Net Cash Used in Financing Activities (869) (994)
Net Increase in Cash 3 3
Cash at Beginning of Year 47 52
Cash at End of Period $ 50 $ 55