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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities    
Net income $ 259 $ 259
Adjustments to reconcile net income to net cash provided by operating activities:    
Amortization and other non-cash items (39) (32)
Realized capital gains and losses 10 (77)
Loss (gain) on disposition of operations 44 (3)
Interest credited to contractholder funds 505 643
Changes in:    
Policy benefits and other insurance reserves (337) (348)
Unearned premiums (1) (1)
Deferred policy acquisition costs 7 (26)
Reinsurance recoverables, net (4) (42)
Income taxes (8) 110
Other operating assets and liabilities (123) (52)
Net cash provided by operating activities 313 431
Proceeds from sales    
Fixed income securities 1,850 2,377
Equity securities 150 124
Limited partnership interests 215 109
Mortgage loans 10 20
Other investments 19 22
Investment collections    
Fixed income securities 980 2,659
Mortgage loans 659 445
Other investments 29 65
Investment purchases    
Fixed income securities (1,541) (2,358)
Equity securities (689) (290)
Limited partnership interests (344) (185)
Mortgage loans (100) (301)
Other investments (63) (65)
Change in short-term investments, net 133 18
Change in policy loans and other investments, net 64 76
Disposition of operations 345  
Net cash provided by investing activities 1,717 2,716
Cash flows from financing activities    
Contractholder fund deposits 605 1,051
Contractholder fund withdrawals (1,900) (4,255)
Return of capital (700)  
Repayment of notes due to related parties (7) (200)
Net cash used in financing activities (2,002) (3,404)
Net increase (decrease) in cash 28 (257)
Cash at beginning of period 93 341
Cash at end of period $ 121 $ 84