XML 35 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash Flows from Operating Activities    
Net income (loss) $ 971 $ 770
Adjustments to reconcile net income (loss) to net cash provided by operating activities    
Deferred acquisition costs, value of business acquired, deferred sales inducements and deferred front-end loads deferrals and interest, net of amortization (96) (44)
Trading securities purchases, sales and maturities, net 124 33
Change in premiums and fees receivable 42 (48)
Change in accrued investment income (86) (90)
Change in future contract benefits and other contract holder funds (264) 141
Change in reinsurance related assets and liabilities 71 (210)
Change in federal income tax accruals 44 255
Realized gain (loss) (28) 170
(Gain) loss on early extinguishment of debt 0 8
Amortization of deferred gain on business sold through reinsurance (56) (56)
(Gain) loss on disposal of discontinued operations 1 3
Other (57) 2
Net cash provided by (used in) operating activities 666 934
Cash Flows from Investing Activities    
Purchases of available-for-sale securities (8,437) (8,540)
Sales of available-for-sale securities 965 1,274
Maturities of available-for-sale securities 4,471 3,988
Purchases of other investments (1,418) (2,202)
Sales or maturities of other investments 1,622 2,336
Increase (decrease) in payables for collateral on investments 833 2,196
Other (103) (63)
Net cash provided by (used in) investing activities (2,067) (1,011)
Cash Flows from Financing Activities    
Payment of long-term debt, including current maturities (300) (275)
Issuance of long-term debt, net of issuance costs 300 298
Increase (decrease) in commercial paper, net 0 (100)
Deposits of fixed account values, including the fixed portion of variable 7,612 8,187
Withdrawals of fixed account values, including the fixed portion of variable (4,103) (3,750)
Transfers to and from separate accounts, net (1,775) (1,763)
Common stock issued for benefit plans and excess tax benefits (3) (6)
Repurchase of common stock (400) (375)
Dividends paid to common and preferred stockholders (67) (48)
Net cash provided by (used in) financing activities 1,264 2,168
Net increase (decrease) in cash and invested cash, including discontinued operations (137) 2,091
Cash and invested cash, including discontinued operations, as of beginning-of-year 4,510 2,741
Cash and invested cash, including discontinued operations, as of end-of-period $ 4,373 $ 4,832