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Statement of Cash Flows (Unaudited) (USD $)
In Millions
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash Flows from Operating Activities  
Net Income$ 1,038$ 887
Adjustments to reconcile net income to net cash provided by operating activities:  
Depreciation and amortization252204
Realized investment gains(56)(44)
Deferred income taxes201182
Gains on sale of businesses (excluding discontinued operations)(20)(20)
Net changes in assets and liabilities, net of non-operating effects:  
Premiums, accounts and notes receivable(133)(55)
Reinsurance recoverables812
Deferred policy acquisition costs(168)(118)
Other assets(299)(191)
Insurance liabilities380409
Accounts payable, accrued expenses and other liabilities29316
Current income taxes(202)38
Other, net(51)(37)
Net cash provided by operating activities1,2431,283
Proceeds from investments sold:  
Fixed maturities452685
Equity securities53
Commercial mortgage loans16645
Other (primarily short-term and other long-term investments)999800
Investment maturities and repayments:  
Fixed maturities943575
Commercial mortgage loans27460
Investments purchased:  
Fixed maturities(2,309)(2,047)
Equity securities(18)(5)
Commercial mortgage loans(279)(160)
Other (primarily short-term and other long-term investments)(1,169)(473)
Property and equipment purchases(291)(209)
Acquisitions and dispositions. net1(332)
Net cash used in investing activities(1,226)(1,058)
Cash Flows from Financing Activities  
Deposits and interest credited to contractholder deposit funds1,0021,019
Withdrawals and benefit payments from contractholder deposit funds(895)(920)
Change in cash overdraft position(57)38
Net change in short-term debt(222)0
Issuance of long-term debt587296
Repayment of long-term debt(2)(2)
Repurchase of common stock(225)(201)
Issuance of common stock10031
Common dividends paid(11)(11)
Net cash provided by financing activities277250
Effect of foreign currency rate changes on cash and cash equivalents35
Net increase (decrease) in cash and cash equivalents297480
Cash and cash equivalents, January 1,1,605924
Cash and cash equivalents, September 30,1,9021,404
Supplemental Disclosure of Cash Information:  
Income taxes paid, net of refunds466215
Interest paid$ 124$ 116