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Consolidated Statement of Cash Flows (USD $)
In Millions
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Cash flows from operating activities:    
Net income (loss) $ 2,530 $ 316
(Income) loss from discontinued operations (1,616) 2,268
Noncash revenues, expenses, gains and losses included in income (loss):    
Net gains on sales of securities available for sale and other assets (613) (868)
Net losses on sales of divested businesses 74 106
Loss on extinguishment of debt 3,392  
Unrealized (gains) losses in earnings - net (2,191) 499
Equity in income from equity method investments, net of dividends or distributions (997) (516)
Depreciation and other amortization 4,481 5,095
Provision for mortgage and other loans receivable 20 276
Impairments of assets 889 2,481
Amortization of costs and accrued interest and fees related to FRBNY Credit Facility 48 1,518
Changes in operating assets and liabilities:    
General and life insurance reserves 5,604 2,952
Premiums and other receivables and payables - net 49 (1,395)
Reinsurance assets and funds held under reinsurance treaties (5,559) (2,006)
Capitalization of deferred policy acquisition costs (3,554) (4,312)
Other policyholder funds (140) 252
Current and deferred income taxes - net (1,034) (363)
Trading securities 157 321
Payment of FRBNY Credit Facility accrued compounded interest and fees (6,363)  
Other, net (1,316) (727)
Total adjustments (7,053) 3,313
Net cash provided by (used in) operating activities - continuing operations (6,139) 5,897
Net cash provided by operating activities - discontinued operations 2,675 3,874
Net cash provided by (used in) operating activities (3,464) 9,771
Cash flows from investing activities:    
Sales of available for sale investments 23,668 17,594
Maturities of fixed maturity securities available for sale and hybrid investments 9,846 6,080
Sales of trading securities 7,621 4,117
Sales or distributions of other invested assets (including flight equipment) 4,961 4,273
Sales of divested businesses, net 587 1,673
Principal payments received on and sales of mortgage and other loans receivable 1,706 2,756
Purchases of available for sale investments (48,485) (33,065)
Purchases of trading securities (688) (1,688)
Purchases of other invested assets (including flight equipment) (3,260) (4,366)
Mortgage and other loans receivable issued and purchased (1,026) (1,659)
Net change in restricted cash 26,480 (538)
Net change in short-term investments 12,967 928
Net change in derivative assets and liabilities other than Capital Markets 317 (332)
Other, net 33 (126)
Net cash provided by (used in) investing activities - continuing operations 34,727 (4,353)
Net cash provided by (used in) investing activities - discontinued operations 3,021 (1,714)
Net cash provided by (used in) investing activities 37,748 (6,067)
Cash flows from financing activities:    
Policyholder contract deposits 9,530 9,775
Policyholder contract withdrawals (7,769) (7,479)
Net change in short-term debt (237) (5,855)
Federal Reserve Bank of New York credit facility borrowings   12,700
Federal Reserve Bank of New York credit facility repayments (14,622) (10,123)
Issuance of other long-term debt 3,021 4,882
Repayments of other long-term debt (9,968) (6,685)
Proceeds from drawdown on the Department of the Treasury Commitment 20,292 2,199
Repayment of Department of the Treasury SPV Preferred Interests (9,146)  
Repayment of Federal Reserve Bank of New York SPV Preferred Interests (26,432)  
Issuance of Common Stock 4,332  
Acquisition of noncontrolling interest (647)  
Other, net (136) (1,078)
Net cash used in financing activities - continuing operations (31,782) (1,664)
Net cash used in financing activities - discontinued operations (1,932) (2,863)
Net cash used in financing activities (33,714) (4,527)
Effect of exchange rate changes on cash 29 (92)
Net increase (decrease) in cash 599 (915)
Cash at beginning of period 1,558 4,400
Change in cash of businesses held for sale 433 (645)
Cash at end of period $ 2,590 $ 2,840