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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Operating Activities    
Net income $ 270 $ 225
Adjustments to reconcile net income to net cash provided by operating activities    
Realized Gain (Loss) on Marketable Securities, Cost Method Investments, and Other Investments (61) (145)
Deferred Policy Acquisition Costs and Present Value of Future Profits, Amortization 25 100
Increase (Decrease) in Deferred Policy Acquisition Costs (2) (7)
Depreciation and amortization 27 4
Other, net 132 10
Change in assets and liabilities:    
Reinsurance recoverables (75) (45)
Increase (Decrease) in Deferred Income Taxes 36 (45)
Reserve for future policy benefits and unpaid losses and loss adjustment expenses 141 128
Increase (Decrease) in Other Operating Assets and Liabilities, Net (81) (135)
Net Cash Provided by (Used in) Operating Activities 612 560
Proceeds from the sale/maturity/prepayment of:    
Fixed maturities, available-for-sale 7,619 7,079
Fixed maturities, fair value option 46 38
Equity securities, available-for-sale 178 287
Mortgage loans 314 142
Proceeds from Limited Partnership Investments 81 335
Payments for the purchase of:    
Fixed maturities, available-for-sale 7,106 6,561
Fixed maturities, fair value option 29
Equity securities, available-for-sale 182 44
Mortgage loans 389 77
Payments to Acquire Limited Partnership Interests 163 114
Change in derivatives, net 98 (54)
Payments for (Proceeds from) Policy Loans (27) (14)
Payments to Acquire Property, Plant, and Equipment 15 0
Payments for (Proceeds from) Short-term Investments 59 195
Other investing activities, net (13) (38)
Net Cash Provided by (Used in) Investing Activities 266 967
Financing Activities    
Deposits and other additions to investment and universal life-type contracts 3,586 3,371
Withdrawals and other deductions from investment and universal life-type contracts 10,580 11,717
Net transfers from separate accounts related to investment and universal life-type contracts 6,080 7,722
Net proceeds from securities loaned or sold under agreements to repurchase 331 (14)
Payments of Capital Distribution (598) (755)
Net repayments at maturity or settlement of consumer notes (12) (14)
Net cash used for financing activities (1,193) (1,407)
Foreign exchange rate effect on cash 0 1
Cash, Period Increase (Decrease) (315) 121
Cash - beginning of period 554 305
Cash - end of period 239 426
Supplemental Disclosure of Cash Flow Information    
Income Taxes Paid, Net $ 24 $ 17