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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Cash Flows from Operating Activities    
Net income (loss) $ 533 $ 644
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 (17) (176)
Trading securities purchases, sales and maturities, net 113 86
Change in premiums and fees receivable 6 58
Change in accrued investment income   (15)
Change in future contract benefits and other contract holder funds 5 17
Change in reinsurance related assets and liabilities (347) (14)
Change in accrued expenses (180) (118)
Change in federal income tax accruals (3) (54)
Realized (gain) loss 159 38
Amortization of deferred gain on business sold through reinsurance (37) (37)
Other 301 153
Net cash provided by (used in) operating activities 533 582
Cash Flows from Investing Activities    
Purchases of available-for-sale securities (5,727) (4,451)
Sales of available-for-sale securities 2,068 414
Maturities of available-for-sale securities 2,579 2,085
Purchases of other investments (9,956) (7,415)
Sales or maturities of other investments 9,211 7,109
Increase (decrease) in payables for collateral on investments 1,640 176
Other (55) (52)
Net cash provided by (used in) investing activities (240) (2,134)
Cash Flows from Financing Activities    
Payment of long-term debt, including current maturities   (250)
Issuance of long-term debt, net of issuance costs   298
Deposits of fixed account values, including the fixed portion of variable 5,015 4,966
Withdrawals of fixed account values, including the fixed portion of variable (2,769) (3,135)
Transfers to and from separate accounts, net (967) (1,361)
Common stock issued for benefit plans and excess tax benefits (8) 44
Repurchase of common stock (475) (500)
Dividends paid to common stockholders (122) (102)
Net cash provided by (used in) financing activities 674 (40)
Net increase (decrease) in cash and invested cash 967 (1,592)
Cash and invested cash as of beginning-of-year 3,146 3,919
Cash and invested cash as of end-of-year $ 4,113 $ 2,327