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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities:    
Net earnings $ 785 $ 389
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Change in receivables and advance premiums 1,587 461
Increase in deferred policy acquisition costs (141) (99)
Increase in policy liabilities 1,292 951
Change in income tax liabilities (20) (152)
Realized investment (gains) losses 45 579
Other, net 8 38
Net cash provided (used) by operating activities 3,556 2,167
Securities available for sale:    
Fixed maturities sold 226 891
Fixed maturities matured or called 705 556
Perpetual securities sold 552 61
Perpetual securities matured or called 378 0
Securities held to maturity:    
Fixed maturities matured or called 536 127
Securities available for sale:    
Fixed maturities acquired (1,025) (2,914)
Securities held to maturity:    
Fixed maturities acquired (5,133) (769)
Cash received as collateral on loaned securities, net (645) 54
Other, net (30) (19)
Net cash provided (used) by investing activities (4,436) (2,013)
Cash flows from financing activities:    
Purchases of treasury stock (10) (184)
Proceeds from borrowings 749 0
Principal payments under debt obligations (1) (1)
Dividends paid to shareholders (148) (135)
Change in investment-type contracts, net 297 124
Treasury stock reissued 5 16
Other, net 9 9
Net cash provided (used) by financing activities 901 (171)
Effect of exchange rate changes on cash and cash equivalents (60) (16)
Net change in cash and cash equivalents (39) (33)
Cash and cash equivalents, beginning of period 2,249 2,121
Cash and cash equivalents, end of period 2,210 2,088
Supplemental disclosures of cash flow information:    
Income taxes paid 356 234
Interest paid 43 12
Impairment losses included in realized investment losses 203 [1] 405 [2]
Noncash financing activities:    
Capitalized lease obligations 1 1
Associate stock bonus
   
Treasury stock issued for:    
Treasury stock issued 8 0
Shareholder dividend reinvestment
   
Treasury stock issued for:    
Treasury stock issued 6 6
Share-based compensation grants
   
Treasury stock issued for:    
Treasury stock issued $ 4 $ 2
[1] Includes $28 for credit-related impairments and $175 from change in intent to sell securities
[2] Consisted completely of credit-related impairments