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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Cash flows from operating activities    
Premiums collected $ 3,452 $ 3,213
Net investment income received 346 340
Limited partnership distributions 94 93
Service agreement fee received 23 25
Commissions and bonuses paid to agents (470) (450)
Losses paid (2,050) (2,221)
Loss expenses paid (352) (331)
Other underwriting and acquisition costs paid (432) (406)
Income taxes paid (246) (38)
Net cash provided by operating activities 365 225
Purchase of investments:    
Fixed maturities (1,466) (1,482)
Preferred stock (118) (100)
Common stock (750) (1,198)
Limited partnerships (64) (108)
Sales/maturities of investments:    
Fixed maturity sales 535 525
Fixed maturity calls/maturities 877 722
Preferred stock 106 63
Common stock 733 1,107
Sale of and returns on limited partnerships 141 82
Net purchase of property and equipment (27) (5)
Net distributions on agent loans 0 (1)
Net distributions on life policy loans (1) 0
Net cash used in investing activities (34) (395)
Cash flows from financing activities    
Annuity deposits and interest 72 74
Annuity surrenders and withdrawals (59) (60)
Universal life deposits and interest 17 24
Universal life surrenders (7) (13)
Purchase of treasury stock (55) (132)
Dividends paid to shareholders (80) (77)
Net cash used in financing activities (112) (184)
Net increase (decrease) in cash and cash equivalents 219 (354)
Cash and cash equivalents at beginning of period 185 430
Cash and cash equivalents at end of period $ 404 $ 76