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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash flows from operating activities    
Net income $ 127 $ 109
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization and other non-cash items (17) (14)
Realized capital gains and losses   (19)
Loss (gain) on disposition of operations 59 (2)
Interest credited to contractholder funds 300 339
Changes in:    
Policy benefits and other insurance reserves (175) (159)
Deferred policy acquisition costs 5 (21)
Reinsurance recoverables, net (28) (16)
Income taxes 17 43
Other operating assets and liabilities (83) 6
Net cash provided by operating activities 205 266
Proceeds from sales    
Fixed income securities 817 938
Equity securities 68 29
Limited partnership interests 72 45
Mortgage loans 10 2
Other investments 13 10
Investment collections    
Fixed income securities 538 1,220
Mortgage loans 288 221
Other investments 19 33
Investment purchases    
Fixed income securities (745) (1,618)
Equity securities (309) (20)
Limited partnership interests (112) (81)
Mortgage loans (2) (74)
Other investments   (35)
Change in short-term investments, net 199 (404)
Change in policy loans and other investments, net 29 25
Disposition of operations (2)  
Net cash provided by investing activities 883 291
Cash flows from financing activities    
Contractholder fund deposits 371 579
Contractholder fund withdrawals (1,074) (1,252)
Repayment of notes due to related parties (7)  
Net cash used in financing activities (710) (673)
Cash classified as held for sale (242)  
Net increase (decrease) in cash 136 (116)
Cash at beginning of period 93 341
Cash at end of period $ 229 $ 225