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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Operating Activities    
Net income (loss) $ 375 $ 554
Adjustments to reconcile net income to net cash provided by operating activities    
Amortization of deferred policy acquisition costs and present value of future profits 171 208
Additions to deferred policy acquisition costs and present value of future profits (178) (176)
Change in:    
Reserve for future policy benefits and unpaid losses and loss adjustment expenses 29 53
Reinsurance recoverables (18) (39)
Receivables and other assets 30 (33)
Payables and accruals (282) 269
Accrued and deferred income taxes 336 128
Net realized capital losses 538 490
Net disbursements from investment contracts related to policyholder funds — international unit-linked bonds and pension products (68) (66)
Net decrease in equity securities, trading 65 52
Depreciation and amortization 94 93
Other, net (218) (195)
Net cash provided by operating activities 874 1,338
Proceeds from the sale/maturity/prepayment of:    
Fixed maturities and short-term investments, available-for-sale 15,386 9,760
Fixed maturities, fair value option 153 1
Equity securities, available-for-sale 64 89
Mortgage loans 61 191
Partnerships 47 49
Payments for the purchase of:    
Fixed maturities and short-term investments, available-for-sale (15,256) (9,228)
Fixed maturities, fair value option    (531)
Equity securities, available-for-sale (26) (175)
Mortgage loans (939) (708)
Partnerships (343) (64)
Proceeds from business sold      
Derivatives, net (656) (226)
Change in policy loans, net 44 (7)
Change in all other, net (3)   
Net cash used for investing activities (1,468) (849)
Financing Activities    
Deposits and other additions to investment and universal life-type contracts 6,031 5,617
Withdrawals and other deductions from investment and universal life-type contracts (11,979) (12,148)
Net transfers from (to) separate accounts related to investment and universal life-type contracts 5,059 6,136
Net increase (decrease) in securities loaned or sold under agreements to repurchase 1,560   
Net repayments at maturity or settlement of consumer notes (60) (14)
Net cash provided by (used for) financing activities 611 (409)
Foreign exchange rate effect on cash 0 (12)
Net increase (decrease) in cash 17 68
Cash - beginning of period 1,183 531
Cash - end of period 1,200 599
Supplemental Disclosure of Cash Flow Information    
Net cash received during the period for income taxes (265) (136)
Noncash capital contributions received $ 4 $ 1