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Condensed Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Operating Activities    
Net income (loss) $ 578 $ 51
Adjustments to reconcile net income to net cash provided by operating activities    
Amortization of deferred policy acquisition costs and present value of future profits 262 421
Additions to deferred policy acquisition costs and present value of future profits (253) (274)
Change in:    
Reserve for future policy benefits and unpaid losses and loss adjustment expenses 49 273
Reinsurance recoverables (49) (25)
Receivables and other assets 41 (150)
Payables and accruals (252) 2,235
Accrued and deferred income taxes 309 (210)
Net realized capital losses 705 (537)
Net disbursements from investment contracts related to policyholder funds — international unit-linked bonds and pension products (24) (335)
Net decrease in equity securities, trading 21 326
Depreciation and amortization 133 147
Other, net (10) (90)
Net cash provided by operating activities 1,510 1,832
Proceeds from the sale/maturity/prepayment of:    
Fixed maturities and short-term investments, available-for-sale 22,657 12,939
Fixed maturities, fair value option 191 40
Equity securities, available-for-sale 73 91
Mortgage loans 168 308
Partnerships 64 73
Payments for the purchase of:    
Fixed maturities and short-term investments, available-for-sale (21,703) (13,789)
Fixed maturities, fair value option (182) (661)
Equity securities, available-for-sale (36) (177)
Mortgage loans (1,039) (1,026)
Partnerships (376) (491)
Proceeds from business sold      
Derivatives, net (1,282) 1,674
Change in policy loans, net    3
Change in all other, net (3) 4
Net cash used for investing activities (1,468) (1,012)
Financing Activities    
Deposits and other additions to investment and universal life-type contracts 8,363 8,736
Withdrawals and other deductions from investment and universal life-type contracts (17,976) (17,144)
Net transfers from (to) separate accounts related to investment and universal life-type contracts 8,480 8,148
Net increase (decrease) in securities loaned or sold under agreements to repurchase 1,585   
Proceeds from Capital Contributions (1)   
Net repayments at maturity or settlement of consumer notes (124) (33)
Net cash provided by (used for) financing activities 327 (293)
Foreign exchange rate effect on cash 0 (1)
Net increase (decrease) in cash 369 526
Cash - beginning of period 1,183 531
Cash - end of period 1,552 1,057
Supplemental Disclosure of Cash Flow Information    
Net cash received during the period for income taxes (275) (73)
Noncash capital contributions received 8 3
Supplemental Disclosure of Non-Cash Investing Activity    
Conversion of fixed maturities, available-for-sale to equity securities, available-for-sale $ 43 $ 0