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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:    
Net income (loss) $ 4,648 $ 4,989
(Income) loss from discontinued operations 17 (91)
Noncash revenues, expenses, gains and losses included in income (loss):    
Net gains on sales of securities available for sale and other assets (456) (1,665)
Net (gain) loss on sale of divested businesses (2,178) 47
Net losses on extinguishment of debt 272 378
Unrealized (gains) losses in earnings - net 127 (1,173)
Equity in income from equity method investments, net of dividends or distributions (687) (792)
Depreciation and other amortization 2,343 2,500
Impairments of assets 259 282
Changes in operating assets and liabilities:    
Property casualty and life insurance reserves 981 775
Premiums and other receivables and payables - net (782) (564)
Reinsurance assets and funds held under reinsurance treaties (815) (544)
Capitalization of deferred policy acquisition costs (3,019) (2,953)
Current and deferred income taxes - net 1,605 933
Other, net (674) (448)
Total adjustments (3,024) (3,224)
Net cash provided by operating activities 1,641 1,674
Sales or distribution of:    
Available for sale investments 12,191 19,164
Other securities 2,744 2,850
Other invested assets 1,925 3,121
Divested businesses, net 2,348 0
Maturities of fixed maturity securities available for sale 11,460 12,517
Principal payments received on and sales of mortgage and other loans receivable 1,646 1,623
Purchases of:    
Available for sale investments (22,186) (35,522)
Other securities (290) (1,763)
Other invested assets (2,236) (3,434)
Mortgage and other loans receivable (3,445) (2,143)
Net change in restricted cash (628) 1,216
Net change in short-term investments 498 8,863
Other, net (365) (421)
Net cash provided by investing activities 3,662 6,071
Proceeds from (payments for)    
Policyholder contract deposits 8,162 6,757
Policyholder contract withdrawals (7,241) (8,066)
Issuance of long-term debt 3,028 2,338
Repayments of long-term debt (6,027) (8,319)
Purchase of Common Stock (1,849) 0
Dividends paid (361)  
Other, net (1,514) 235
Net cash used in financing activities (5,802) (7,055)
Effect of exchange rate changes on cash (3) (70)
Net increase (decrease) in cash (502) 620
Cash at beginning of year 2,241 1,151
Change in cash of businesses held-for-sale 88 (9)
Cash at end of period $ 1,827 $ 1,762