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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Cash flows from operating activities    
Net income $ 259 $ 181
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization and other non-cash items (32) (11)
Realized capital gains and losses (77) 15
Gain on disposition of operations (3) (6)
Interest credited to contractholder funds 643 731
Changes in:    
Policy benefits and other insurance reserves (348) (376)
Unearned premiums (1) (2)
Deferred policy acquisition costs (26) 22
Reinsurance recoverables, net (42) (33)
Income taxes 110 80
Other operating assets and liabilities (52) (97)
Net cash provided by operating activities 431 504
Proceeds from sales    
Fixed income securities 2,377 3,551
Equity securities 124 2
Limited partnership interests 109 88
Mortgage loans 20 11
Other investments 22 70
Investment collections    
Fixed income securities 2,659 1,444
Mortgage loans 445 449
Other investments 65 35
Investment purchases    
Fixed income securities (2,358) (3,980)
Equity securities (290) (2)
Limited partnership interests (185) (209)
Mortgage loans (301) (223)
Other investments (65) (61)
Change in short-term investments, net 18 (102)
Change in policy loans and other investments, net 76 (5)
Net cash provided by investing activities 2,716 1,068
Cash flows from financing activities    
Contractholder fund deposits 1,051 941
Contractholder fund withdrawals (4,255) (2,650)
Repayment of notes due to related parties (200) (4)
Net cash used in financing activities (3,404) (1,713)
Net decrease in cash (257) (141)
Cash at beginning of period 341 310
Cash at end of period $ 84 $ 169