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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Cash Flows from Operating Activities    
Net Income $ 529 $ 59
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 150 150
Realized investment (gains) losses (42) (139)
Deferred income taxes 14 116
Gains on sale of businesses (excluding discontinued operations) (4) (4)
Net changes in assets and liabilities, net of non-operating effects:    
Premiums, accounts and notes receivable (431) (158)
Reinsurance recoverables 42 328
Deferred policy acquisition costs (67) (82)
Other assets (63) 103
Insurance liabilities 262 750
Accounts payable, accrued expenses and other liabilities (107) (328)
Current income taxes 250 (110)
Cash used to exit Run-off Reinsurance business 0 (1,475)
Other, net (43) (15)
Net cash provided by operating activities 490 (805)
Proceeds from investments sold:    
Fixed maturities 160 958
Equity securities 34 3
Other (primarily short-term and other long-term investments) 879 221
Investment maturities and repayments:    
Fixed maturities 396 386
Equity securities 0 9
Commercial mortgage loans 127 55
Investments purchased or originated:    
Fixed maturities (1,439) (383)
Equity securities (6) (27)
Commercial mortgage loans 0 (15)
Other (primarily short-term and other long-term investments) (572) (121)
Property and equipment sales 12 0
Property and equipment purchases (97) (84)
Acquisitions, net of cash acquired 0 (40)
Net cash provided by/ (used in) investing activities (506) 962
Cash Flows from Financing Activities    
Deposits and interest credited to contractholder deposit funds 411 363
Withdrawals and benefit payments from contractholder deposit funds (351) (332)
Change in cash overdraft position 19 (3)
Net change in short-term debt (6) 198
Repurchase of common stock (615) (77)
Issuance of common stock 43 36
Net cash (used in) / provided by financing activities (499) 185
Effect of foreign currency rate changes on cash and cash equivalents (4) (14)
Net increase (decrease) in cash and cash equivalents (519) 328
Cash and cash equivalents, beginning of year 2,795 2,978
Cash and cash equivalents, end of year 2,276 3,306
Supplemental Disclosure of Cash Information:    
Income taxes paid, net of refunds 43 12
Interest paid $ 70 $ 70