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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Cash Flows from Operating Activities    
Net Income $ 1,632 $ 1,118
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 435 445
Realized investment (gains) losses (130) (192)
Deferred income taxes 12 237
Gains on sale of businesses (excluding discontinued operations) (11) (11)
Net changes in assets and liabilities, net of non-operating effects:    
Premiums, accounts and notes receivable (574) (64)
Reinsurance recoverables 49 348
Deferred policy acquisition costs (138) (183)
Other assets (186) 368
Insurance liabilities 433 870
Accounts payable, accrued expenses and other liabilities (39) (524)
Current income taxes 53 (33)
Cash used to exit Run-off Reinsurance business 0 (2,196)
Other, net (64) (76)
Net cash provided by / (used in) operating activities 1,472 107
Proceeds from investments sold:    
Fixed maturities 818 1,671
Equity securities 36 3
Investment maturities and repayments:    
Fixed maturities 1,285 1,192
Equity securities 0 27
Commercial mortgage loans 375 468
Other sales, maturities and repayments (primarily short-term and other long-term investments) 1,889 766
Investments purchased or originated:    
Fixed maturities (3,953) (1,580)
Equity securities (74) (56)
Commercial mortgage loans (186) (26)
Other (primarily short-term and other long-term investments) (1,221) (1,227)
Property and equipment purchases (350) (414)
Other, net (24) (84)
Net cash provided by/ (used in) investing activities (1,405) 740
Cash Flows from Financing Activities    
Deposits and interest credited to contractholder deposit funds 1,154 1,078
Withdrawals and benefit payments from contractholder deposit funds (1,129) (1,029)
Change in cash overdraft position 20 9
Net change in short-term debt (104) (100)
Repayment of long-term debt 0 (7)
Repurchase of common stock (1,256) (836)
Issuance of common stock 93 132
Common dividends paid (11) (11)
Other, net 9 (7)
Net cash (used in) / provided by financing activities (1,224) (771)
Effect of foreign currency rate changes on cash and cash equivalents (17) 1
Net increase (decrease) in cash and cash equivalents (1,174) 77
Cash and cash equivalents, beginning of year 2,795 2,978
Cash and cash equivalents, end of year 1,621 3,055
Supplemental Disclosure of Cash Information:    
Income taxes paid, net of refunds 846 289
Interest paid $ 203 $ 203