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Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Cash Flows from Operating Activities    
Net income (loss) $ 1,242 $ 1,264
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 86 38
Trading securities purchases, sales and maturities, net 162 83
Change in premiums and fees receivable (109) 60
Change in accrued investment income (66) (75)
Change in future contract benefits and other contract holder funds (997) (1,152)
Change in reinsurance related assets and liabilities 426 80
Change in accrued expenses 73 (21)
Change in federal income tax accruals 86 154
Realized (gain) loss 51 105
Amortization of deferred gain on business sold through reinsurance (1) (22)
Other 81 95
Net cash provided by (used in) operating activities 1,034 609
Cash Flows from Investing Activities    
Purchases of available-for-sale securities and equity securities (8,816) (7,465)
Sales of available-for-sale securities and equity securities 2,678 1,104
Maturities of available-for-sale securities 4,714 4,100
Purchase of common stock in acquisition, net of cash acquired (1,410)  
Sale of business, net (12)  
Purchases of alternative investments (234) (228)
Sales and repayments of alternative investments 115 140
Issuance of mortgage loans on real estate (2,035) (1,342)
Repayment and maturities of mortgage loans on real estate 842 849
Issuance and repayment of policy loans, net 40 34
Net change in collateral on investments, derivatives and related settlements 22 90
Other (144) (66)
Net cash provided by (used in) investing activities (4,240) (2,784)
Cash Flows from Financing Activities    
Payment of long-term debt, including current maturities (537)  
Issuance of long-term debt, net of issuance costs 1,094  
Payment related to early extinguishment of debt (23)  
Proceeds from sales leaseback transaction 51 45
Deposits of fixed account values, including the fixed portion of variable 9,426 7,625
Withdrawals of fixed account values, including the fixed portion of variable (4,466) (4,309)
Transfers to and from separate accounts, net (2,008) (1,183)
Common stock issued for benefit plans (7) 38
Repurchase of common stock (275) (600)
Dividends paid to common stockholders (217) (198)
Net cash provided by (used in) financing activities 3,038 1,418
Net increase (decrease) in cash, invested cash and restricted cash (168) (757)
Cash, invested cash and restricted cash as of beginning-of-year 1,628 2,722
Cash, invested cash and restricted cash as of end-of-period $ 1,460 $ 1,965