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REVISION OF PRIOR PERIOD FINANCIAL STATEMENTS - Cash Flow Disclosures (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Error Corrections and Prior Period Adjustments Restatement [Line Items]        
Net income (loss) [1]     $ (563) $ (2,037)
Cash flow from operating activities:        
Net income (loss) $ 265 $ (2,084) (563) (2,348)
Adjustments to reconcile Net income (loss) to Net cash provided by (used in) operating activities:        
Interest credited to policyholders’ account balances 288 240 557 495
Policy charges and fee income (865) (883) (1,724) (1,744)
Net derivative (gains) losses   285 1,733 1,100
Amortization and depreciation       357
Cash received on the recapture of captive reinsurance     0 1,273
Changes in:        
Reinsurance recoverable     (59) 181
Future policy benefits     91 (158)
Current and deferred income taxes     99 (478)
Other, net     26 216
Net cash provided by (used in) operating activities     (283) 869
Proceeds from the sale/maturity/prepayment of:        
Trading account securities     7,117 4,867
Short-term investments [2]     1,518 1,307
Payment for the purchase/origination of:        
Short-term investments [2]     (1,594) (876)
Cash settlements related to derivative instruments     (1,089) (756)
Other, net     (11) 390
Net cash provided by (used in) investing activities     (2,776) (1,876)
Policyholders’ account balances:        
Deposits     4,609 4,120
Withdrawals     (2,291) (2,131)
Transfers (to) from Separate Accounts     876 914
Net Cash Provided by (Used in) Financing Activities     3,530 2,578
Net (income) loss attributable to the noncontrolling interest $ 1 0 $ 3 (1)
As Previously Reported        
Error Corrections and Prior Period Adjustments Restatement [Line Items]        
Net income (loss)       (2,091)
Cash flow from operating activities:        
Net income (loss)   (1,958)   (2,091)
Adjustments to reconcile Net income (loss) to Net cash provided by (used in) operating activities:        
Policy charges and fee income   (904)   (1,773)
Net derivative (gains) losses   312   1,172
Amortization and depreciation       0
Cash received on the recapture of captive reinsurance       1,099
Changes in:        
Reinsurance recoverable       15
Future policy benefits       396
Current and deferred income taxes       (645)
Other, net       416
Net cash provided by (used in) operating activities       1,190
Proceeds from the sale/maturity/prepayment of:        
Trading account securities       4,843
Short-term investments       0
Payment for the purchase/origination of:        
Short-term investments       0
Cash settlements related to derivative instruments       (267)
Other, net       379
Net cash provided by (used in) investing activities       (1,605)
Policyholders’ account balances:        
Deposits       5,227
Withdrawals       (2,611)
Transfers (to) from Separate Accounts       (305)
Net Cash Provided by (Used in) Financing Activities       1,986
Presentation Reclassifications        
Error Corrections and Prior Period Adjustments Restatement [Line Items]        
Net income (loss)       0
Adjustments to reconcile Net income (loss) to Net cash provided by (used in) operating activities:        
Policy charges and fee income       0
Net derivative (gains) losses       0
Amortization and depreciation       336
Cash received on the recapture of captive reinsurance       0
Changes in:        
Reinsurance recoverable       0
Future policy benefits       0
Current and deferred income taxes       0
Other, net       104
Net cash provided by (used in) operating activities       (2)
Proceeds from the sale/maturity/prepayment of:        
Trading account securities       0
Short-term investments       1,331
Payment for the purchase/origination of:        
Short-term investments       (1,081)
Cash settlements related to derivative instruments       0
Other, net       0
Net cash provided by (used in) investing activities       2
Policyholders’ account balances:        
Deposits       0
Withdrawals       0
Transfers (to) from Separate Accounts       0
Net Cash Provided by (Used in) Financing Activities       0
Impact of Revisions        
Error Corrections and Prior Period Adjustments Restatement [Line Items]        
Net income (loss)       54
Adjustments to reconcile Net income (loss) to Net cash provided by (used in) operating activities:        
Policy charges and fee income       29
Net derivative (gains) losses       (72)
Amortization and depreciation       21
Cash received on the recapture of captive reinsurance       174
Changes in:        
Reinsurance recoverable       166
Future policy benefits       (554)
Current and deferred income taxes       167
Other, net       (304)
Net cash provided by (used in) operating activities       (319)
Proceeds from the sale/maturity/prepayment of:        
Trading account securities       24
Short-term investments       (24)
Payment for the purchase/origination of:        
Short-term investments       205
Cash settlements related to derivative instruments       (489)
Other, net       11
Net cash provided by (used in) investing activities       (273)
Policyholders’ account balances:        
Deposits       (1,107)
Withdrawals       480
Transfers (to) from Separate Accounts       1,219
Net Cash Provided by (Used in) Financing Activities       592
As Revised        
Cash flow from operating activities:        
Net income (loss)   (2,084)   (2,348)
Discontinued Operations | Alliance Bernstein        
Adjustments to reconcile Net income (loss) to Net cash provided by (used in) operating activities:        
Net derivative (gains) losses   0   (2)
Policyholders’ account balances:        
Net (income) loss attributable to the noncontrolling interest   $ 156   $ 311
[1] Net income (loss) includes $311 million in the six months ended June 30, 2018 of the discontinued operations that are not included in Net income (loss) in the Consolidated Statements of Income (Loss).
[2] Prior period amounts have been reclassified to conform to the current period’s presentation. See Note 15 for further information.