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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash Flows from Operating Activities      
Net income (loss) $ 1,154 $ 1,515 $ 1,244
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Deferred acquisition costs, value of business acquired, deferred sales inducements and deferred front-end loads deferrals and interest, net of amortization (119) (517) (529)
Trading securities purchases, sales and maturities, net 146 309 151
Change in premiums and fees receivable 97 (53) (40)
Change in accrued investment income (21) (20) (14)
Change in future contract benefits and other contract holder funds 991 524 (634)
Change in reinsurance related assets and liabilities (252) (9) 300
Change in federal income tax accruals 61 229 377
Realized (gain) loss 151   135
Amortization of deferred gain on business sold through reinsurance (74) (74) (74)
Proceeds From Reinsurance Recapture   422  
Other 109 200 (117)
Net cash provided by (used in) operating activities 2,243 2,526 799
Cash Flows from Investing Activities      
Purchases of available-for-sale securities (9,429) (8,636) (10,880)
Sales of available-for-sale securities 1,351 1,118 975
Maturities of available-for-sale securities 4,408 5,212 6,171
Purchases of other investments (15,323) (4,925) (2,543)
Sales or maturities of other investments 14,524 4,489 2,610
Increase (decrease) in payables for collateral on investments 251 1,019 (943)
Proceeds from sale of subsidiaries/businesses, net of cash disposed 75    
Other (80) (82) (100)
Net cash provided by (used in) investing activities (4,223) (1,805) (4,710)
Cash Flows from Financing Activities      
Payment of long-term debt, including current maturities (250) (500)  
Issuance of long-term debt, net of issuance costs 298   393
Proceeds from sales leaseback transaction 47 83  
Deposits of fixed account values, including the fixed portion of variable 10,769 10,388 10,492
Withdrawals of fixed account values, including the fixed portion of variable (6,126) (5,840) (5,296)
Transfers to and from separate accounts, net (2,474) (2,509) (3,001)
Common stock issued for benefit plans and excess tax benefits 47 32 35
Repurchase of common stock (900) (650) (450)
Dividends paid to common and preferred stockholders (204) (170) (128)
Net cash provided by (used in) financing activities 1,207 834 2,045
Net increase (decrease) in cash and invested cash (773) 1,555 (1,866)
Cash and invested cash as of beginning-of-year 3,919 2,364 4,230
Cash and invested cash as of end-of-year $ 3,146 $ 3,919 $ 2,364