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Supplemental Cash Flow Information
9 Months Ended
Sep. 30, 2014
Supplemental Cash Flow Information [Abstract]  
Supplemental Cash Flow Information
Supplemental Cash Flow Information
Non-cash modifications of certain mortgage loans, fixed income securities, limited partnership interests and other investments, as well as mergers completed with equity securities, totaled $89 million and $259 million for the nine months ended September 30, 2014 and 2013, respectively.
Liabilities for collateral received in conjunction with the Company’s securities lending program and over-the-counter (“OTC”) and cleared derivatives are reported in other liabilities and accrued expenses or other investments.  The accompanying cash flows are included in cash flows from operating activities in the Condensed Consolidated Statements of Cash Flows along with the activities resulting from management of the proceeds, which are as follows:
($ in millions)
Nine months ended September 30,
 
2014
 
2013
Net change in proceeds managed
 

 
 

Net change in short-term investments
$
(151
)
 
$
199

Operating cash flow (used) provided
(151
)
 
199

Net change in cash

 
(1
)
     Net change in proceeds managed
$
(151
)
 
$
198

 
 
 
 
Net change in liabilities
 

 
 

Liabilities for collateral, beginning of period
$
(328
)
 
$
(561
)
Liabilities for collateral, end of period
(479
)
 
(363
)
Operating cash flow provided (used)
$
151

 
$
(198
)