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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash Flows from Operating Activities:    
Net Income (Loss) Attributable to Parent $ (88) $ 170
Change in operating assets and liabilities:    
Accrued investment income (27) (11)
Premiums receivable and other reinsurance balances 2 164
Deferred policy acquisition costs (88) (18)
Reinsurance ceded receivable balances 39 (65)
Future policy benefits, other policy claims and benefits, and other reinsurance balances 2,051 120
Deferred income taxes (67) 39
Other assets and other liabilities, net (57) (107)
Amortization of net investment premiums, discounts and other (12) (17)
Depreciation, Depletion and Amortization 4 11
Investment related (gains) losses, net 285 (8)
Other, net 165 62
Net cash provided by operating activities 2,207 340
Cash Flows from Investing Activities:    
Sales of fixed maturity securities available-for-sale 2,141 3,140
Maturities of fixed maturity securities available-for-sale 283 196
Proceeds from Sale of Available-for-sale Securities, Equity 177 0
Payments to Acquire Mortgage Notes Receivable (189) (93)
Payments to Fund Policy Loans (4) (33)
Payments to Acquire Available-for-sale Securities 3,157 3,010
Payments to Acquire Available-for-sale Securities, Equity (15) (3)
Proceeds from Sale and Collection of Mortgage Notes Receivable (541) (240)
Increase (Decrease) in Funds Held under Reinsurance Agreements 17 37
Payments to Acquire Businesses, Net of Cash Acquired 0 (4)
Payments to Acquire Property, Plant, and Equipment (6) (11)
Change in short-term investments (58) 25
Change in other invested assets (96) (97)
Net cash (used in) provided by investing activities (1,096) 93
Cash Flows from Financing Activities:    
Dividends to stockholders (44) (38)
Proceeds from (Repayments of) Secured Debt (19) (29)
Repayments of Long-term Debt (1) (1)
Purchases of treasury stock (156) (49)
Exercise of stock options, net 1 2
Change in cash collateral for derivative positions and other arrangements 51 (45)
Deposits on universal life and other investment type policies and contracts 663 45
Withdrawals on universal life and other investment type policies and contracts (188) (195)
Net cash (used in) provided by financing activities 307 (310)
Effect of exchange rate changes on cash (47) 7
Cash and Cash Equivalents, Period Increase (Decrease) 1,371 130
Cash and cash equivalents, beginning of period 1,449 1,890
Cash and cash equivalents, end of period 2,820 2,020
Supplemental disclosures of cash flow information:    
Interest Paid, Excluding Capitalized Interest, Operating Activities 39 40
Income Taxes Paid, Net (31) 3
Transfer to Investments 0 721
Capital Expenditures Incurred but Not yet Paid 0 1
Noncash or Part Noncash Acquisition, Value of Assets Acquired 0 8
Noncash or Part Noncash Acquisition, Value of Liabilities Assumed 0 (12)
Payments to Acquire Businesses, Gross $ 0 $ (4)