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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Statement of Cash Flows [Abstract]    
Net cash provided by (used in) operating activities $ 2,435 $ 2,917
Cash flows from investing activities    
Sales, maturities and repayments of fixed maturity securities 12,446 27,474
Sales, maturities and repayments of equity securities 58 166
Sales, maturities and repayments of mortgage loans 562 1,403
Sales, maturities and repayments of real estate and real estate joint ventures 47 426
Sales, maturities and repayments of other limited partnership interests 194 288
Purchases of fixed maturity securities (11,969) (29,580)
Purchases of equity securities (1) (57)
Purchases of mortgage loans (1,535) (2,098)
Purchases of real estate and real estate joint ventures (224) (51)
Purchases of other limited partnership interests (174) (134)
Cash received in connection with freestanding derivatives 1,805 457
Cash paid in connection with freestanding derivatives (3,380) (1,659)
Sale of operating joint venture interest to a former MetLife, Inc. affiliate 42 0
Receipts on loans to former MetLife, Inc. affiliates 0 50
Net change in policy loans (9) 105
Net change in short-term investments 217 (1,761)
Net change in other invested assets 31 29
Net cash provided by (used in) investing activities (1,890) (4,942)
Cash flows from financing activities    
Policyholder account balances: Deposits 3,012 8,554
Policyholder account balances: Withdrawals (2,315) (9,755)
Net change in payables for collateral under securities loaned and other transactions (2,741) 3,061
Long-term debt repaid (10) (21)
Financing element on certain derivative instruments and other derivative related transactions, net (37) (228)
Returns of capital (Note 3) (3,425) 0
Capital contribution 1,100 1,682
Capital contribution associated with the sale of joint venture interest to a former MetLife, Inc. affiliate 202 0
Net cash provided by (used in) financing activities (4,214) 3,293
Change in cash and cash equivalents (3,669) 1,268
Cash and cash equivalents, beginning of period 5,057 1,507
Cash and cash equivalents, end of period 1,388 2,775
Supplemental disclosures of cash flow information    
Net cash paid for interest 81 100
Net cash paid (received) for income tax 35 196
Non-cash transactions:    
Transfer of fixed maturity securities from former MetLife, Inc. affiliates 0 3,478
Transfer of mortgage loans from former MetLife, Inc. affiliates 0 395
Transfer of short-term investments from former MetLife, Inc. affiliates 0 94
Transfer of fixed maturity securities to former MetLife, Inc. affiliates 293 0
Reduction of policyholder account balances in connection with reinsurance transactions $ 293 $ 0