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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash flows from operating activities    
Net income (loss) $ 343 $ (135)
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization and other non-cash items (63) (57)
Realized capital gains and losses (18) (61)
Loss on disposition of operations 71 643
Interest credited to contractholder funds 696 953
Changes in:    
Policy benefits and other insurance reserves (452) (474)
Unearned premiums (1) (2)
Deferred policy acquisition costs 4 (10)
Reinsurance recoverables, net (6) (38)
Income taxes 61 22
Other operating assets and liabilities (179) (56)
Net cash provided by operating activities 456 785
Proceeds from sales    
Fixed income securities 2,486 3,199
Equity securities 326 164
Limited partnership interests 358 191
Mortgage loans 9 20
Other investments 25 37
Investment collections    
Fixed income securities 1,485 3,525
Mortgage loans 795 693
Other investments 37 74
Investment purchases    
Fixed income securities (2,026) (3,524)
Equity securities (846) (356)
Limited partnership interests (482) (384)
Mortgage loans (194) (407)
Other investments (195) (78)
Change in short-term investments, net 140 136
Change in policy loans and other investments, net 54 79
Disposition of operations 345 0
Net cash provided by investing activities 2,317 3,369
Cash flows from financing activities    
Contractholder fund deposits 832 1,520
Contractholder fund withdrawals (2,800) (5,429)
Return of capital (700) 0
Repayment of notes due to related parties (7) (210)
Net cash used in financing activities (2,675) (4,119)
Cash classified as held for sale 0 (13)
Net increase in cash 98 22
Cash at beginning of period 93 341
Cash at end of period $ 191 $ 363