XML 20 R7.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Operating Activities    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ 225 $ 493
Adjustments to reconcile net income to net cash provided by operating activities    
Realized Gain (Loss) on Marketable Securities, Cost Method Investments, and Other Investments (145) (18)
Deferred Policy Acquisition Costs and Present Value of Future Profits, Amortization 100 73
Increase (Decrease) in Deferred Policy Acquisition Costs (7) (5)
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal 0 28
Depreciation and amortization 4 (7)
Other, net 10 23
Change in assets and liabilities:    
Reinsurance recoverables (45) 24
Increase (Decrease) in Deferred Income Taxes (45) (35)
Reserve for future policy benefits and unpaid losses and loss adjustment expenses 128 147
Increase (Decrease) in Other Operating Assets and Liabilities, Net (135) (190)
Net Cash Provided by (Used in) Operating Activities 560 535
Proceeds from the sale/maturity/prepayment of:    
Fixed maturities, available-for-sale 7,079 8,962
Fixed maturities, fair value option 38 57
Equity securities, available-for-sale 287 529
Mortgage loans 142 397
Proceeds from Limited Partnership Investments 335 168
Payments for the purchase of:    
Fixed maturities, available-for-sale 6,561 9,194
Fixed maturities, fair value option 29 40
Equity securities, available-for-sale 44 188
Mortgage loans 77 206
Payments to Acquire Limited Partnership Interests 114 109
Change in derivatives, net (54) (12)
Payments for (Proceeds from) Policy Loans (14) 12
Payments for (Proceeds from) Short-term Investments 195 (1,090)
Other investing activities, net (38)  
Net Cash Provided by (Used in) Investing Activities 967 1,466
Financing Activities    
Deposits and other additions to investment and universal life-type contracts 3,371 3,673
Withdrawals and other deductions from investment and universal life-type contracts 11,717 12,780
Net transfers from separate accounts related to investment and universal life-type contracts 7,722 8,218
Net proceeds from securities loaned or sold under agreements to repurchase (14) 113
Payments of Capital Distribution (755) (1,002)
Net repayments at maturity or settlement of consumer notes (14) (31)
Net cash used for financing activities (1,407) (1,809)
Foreign exchange rate effect on cash 1 0
Cash, Period Increase (Decrease) 121 192
Cash - beginning of period 305 258
Cash - end of period 426 450
Supplemental Disclosure of Cash Flow Information    
Income Taxes Paid, Net $ (17) $ 15