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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Cash flows from operating activities    
Premiums collected $ 3,780 $ 3,452
Net investment income received 337 346
Limited partnership distributions 125 94
Service agreement fee received 23 23
Commissions and bonuses paid to agents (521) (470)
Losses paid (2,039) (2,050)
Loss expenses paid (343) (352)
Other underwriting and acquisition costs paid (465) (432)
Income taxes paid (208) (246)
Net cash provided by (used in) operating activities 689 365
Purchase of investments:    
Fixed maturities (2,157) (1,466)
Preferred stock (94) (118)
Common stock (1,021) (750)
Limited partnerships (66) (64)
Sales/maturities of investments:    
Fixed maturity sales 716 535
Fixed maturity calls/maturities 881 877
Preferred stock 84 106
Common stock 1,057 733
Sale of and returns on limited partnerships 125 141
Net purchase of property and equipment (24) (27)
Net collections on agent loans 1 0
Net distributions on life policy loans 0 (1)
Net cash provided by (used in) investing activities (498) (34)
Cash flows from financing activities    
Annuity deposits and interest 68 72
Annuity surrenders and withdrawals (58) (59)
Universal life deposits and interest 20 17
Universal life surrenders (8) (7)
Purchase of treasury stock (22) (55)
Dividends paid to shareholders (56) (80)
Net cash provided by (used in) financing activities (56) (112)
Net increase (decrease) in cash and cash equivalents 135 219
Cash and cash equivalents at beginning of period 400 185
Cash and cash equivalents at end of period $ 535 $ 404