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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Operating Activities      
Net income (loss) $ 244 $ 707 $ (1,853)
Adjustments to reconcile net income(loss) to net cash provided by operating activities      
Amortization of deferred policy acquisition costs and present value of future profits 474 178 3,128
Additions to deferred policy acquisition costs and present value of future profits (381) (381) (491)
Change in:      
Reserve for future policy benefits and unpaid losses and loss adjustment expenses 252 13 574
Reinsurance recoverables 57 26 66
Receivables and other assets 9 (112) (20)
Payables and accruals 2,402 295 420
Accrued and deferred income taxes (125) (131) (675)
Net realized capital losses 1 882 877
Net receipts (disbursements) from investment contracts related to policyholder funds - international unit-linked bonds and pension products (323) (167) 804
Net (increase) decrease in equity securities, trading 312 164 (809)
Depreciation and amortization 194 207 173
Other, net (108) 201 328
Net cash provided by operating activities 3,008 1,882 2,522
Proceeds from the sale/maturity/prepayment of:      
Fixed maturities and short-term investments, available-for-sale 19,203 28,581 37,224
Fixed maturities, fair value option 37 20 0
Equity securities, available-for-sale 147 171 162
Mortgage loans 332 1,288 413
Partnerships 128 151 173
Payments for the purchase of:      
Fixed maturities and short-term investments, available-for-sale (20,517) (28,871) (35,519)
Fixed maturities, fair value option (661) (74)   
Equity securities, available-for-sale (230) (122) (61)
Mortgage loans (1,246) (189) (197)
Partnerships (436) (172) (121)
Proceeds from business sold    241   
Derivatives payments (sales), net 938 (644) (520)
Change in policy loans, net 176 (8) 34
Change in payables for collateral under securities lending, net 0 (46) (1,805)
Change in all other, net 1 (117) 25
Net cash provided by (used for) investing activities (2,128) 209 (192)
Financing Activities      
Deposits and other additions to investment and universal life-type contracts 12,124 15,405 13,398
Withdrawals and other deductions from investment and universal life-type contracts (22,720) (25,030) (23,487)
Net transfers from (to) separate accounts related to investment and universal life-type contracts 10,439 8,211 6,805
Net repayments at maturity or settlement of consumer notes 68 754 74
Issuance of structured financing 0 0 (189)
Capital contributions (1) (2) 0 (195) 1,397
Dividends paid (1) 0 0 (33)
Net cash used for financing activities (225) (2,363) (2,183)
Foreign exchange rate effect on cash (3) 10 (15)
Net increase (decrease) in cash 652 (262) 132
Cash - beginning of year 531 793 661
Cash - end of year 1,183 531 793
Supplemental Disclosure of Cash Flow Information:      
Net cash paid (received) during the year for income taxes $ (105) $ 354 $ (282)