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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities  
Net income (loss)$ 374$ (85)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:  
Amortization and other non-cash items(58)(117)
Realized capital gains and losses(335)550
Gain on disposition of operations(6)(7)
Interest credited to contractholder funds1,2111,326
Changes in:  
Policy benefits and other insurance reserves(523)(216)
Unearned premiums(3)(3)
Deferred policy acquisition costs182(131)
Reinsurance recoverables, net(97)(308)
Income taxes242566
Other operating assets and liabilities(59)12
Net cash provided by operating activities9281,587
Proceeds from sales  
Fixed income securities9,7278,478
Equity securities7090
Limited partnership interests13178
Mortgage loans74110
Other investments14171
Investment collections  
Fixed income securities2,4601,933
Mortgage loans554767
Other investments8076
Investment purchases  
Fixed income securities(7,830)(8,949)
Equity securities(13)(51)
Limited partnership interests(264)(173)
Mortgage loans(581)(45)
Other investments(161)(88)
Change in short-term investments, net(524)522
Change in other investments, net(236)(173)
Net cash provided by investing activities3,6282,646
Cash flows from financing activities  
Repayment of note due to related party (4)
Contractholder fund deposits1,3301,823
Contractholder fund withdrawals(5,806)(6,088)
Net cash used in financing activities(4,476)(4,269)
Net increase (decrease) in cash80(36)
Cash at beginning of period118145
Cash at end of period$ 198$ 109