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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Cash flows from operating activities    
Premiums collected $ 1,081 $ 1,023
Net investment income received 110 97
Limited partnership distributions 25 32
Service agreement fee received 7 8
Commissions and bonuses paid to agents (180) (178)
Losses paid (619) (598)
Loss expenses paid (119) (109)
Other underwriting and acquisition costs paid (181) (162)
Income taxes paid (52) (21)
Net cash provided by operating activities 72 92
Purchase of investments:    
Fixed maturities (418) (752)
Preferred stock (37) (35)
Common stock (258) (421)
Limited partnerships (23) (29)
Sales/maturities of investments:    
Fixed maturity sales 163 277
Fixed maturity calls/maturities 217 247
Preferred stock 13 25
Common stock 247 400
Sale of and returns on limited partnerships 81 26
(Purchase) disposal of property and equipment (7) 7
Net collections on agent loans 0 1
Net cash used in investing activities (22) (254)
Cash flows from financing activities    
Annuity deposits and interest 25 22
Annuity surrenders and withdrawals (18) (21)
Universal life deposits and interest 5 12
Universal life surrenders (3) (8)
Purchase of treasury stock (18) (36)
Dividends paid to shareholders (27) (26)
Net cash used in financing activities (36) (57)
Net increase (decrease) in cash and cash equivalents 14 (219)
Cash and cash equivalents at beginning of period 185 430
Cash and cash equivalents at end of period $ 199 $ 211