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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash flows from operating activities    
Premiums collected $ 1,159 $ 1,081
Net investment income received 106 110
Limited partnership distributions 46 25
Service agreement fee received 7 7
Commissions and bonuses paid to agents (197) (180)
Losses paid (666) (619)
Loss expenses paid (119) (119)
Other underwriting and acquisition costs paid (206) (181)
Income taxes paid (3) (52)
Net cash provided by (used in) operating activities 127 72
Purchase of investments:    
Fixed maturities (551) (418)
Preferred stock (9) (37)
Common stock (464) (258)
Limited partnerships (23) (23)
Sales/maturities of investments:    
Fixed maturity sales 122 163
Fixed maturity calls/maturities 265 217
Preferred stock 26 13
Common stock 453 247
Sale of and returns on limited partnerships 53 81
Net purchase of property and equipment (6) (7)
Net collections on agent loans 1 0
Net cash provided by (used in) investing activities (133) (22)
Cash flows from financing activities    
Annuity deposits and interest 24 25
Annuity surrenders and withdrawals (18) (18)
Universal life deposits and interest 5 5
Universal life surrenders (2) (3)
Purchase of treasury stock (15) (18)
Dividends paid to shareholders 0 (27)
Net cash provided by (used in) financing activities (6) (36)
Net increase (decrease) in cash and cash equivalents (12) 14
Cash and cash equivalents at beginning of period 400 185
Cash and cash equivalents at end of period $ 388 $ 199