XML 203 R178.htm IDEA: XBRL DOCUMENT v3.10.0.1
Information Provided in Connection with Investments in Deferred Annuity Contracts and Signature Notes Issued or Assumed by John Hancock Life Insurance Company (U.S.A.) - Consolidated Statement of Cash Flows (Detail) - CAD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Operating activities    
Net income (loss) $ 4,887 $ 2,262
Adjustments:    
Increase (decrease) in insurance contract liabilities 2,907 20,023
Increase (decrease) in investment contract liabilities 35 173
(Increase) decrease in reinsurance assets excluding coinsurance transactions 893 2,269
Amortization of (premium) discount on invested assets 212 230
Other amortization 747 560
Net realized and unrealized (gains) losses and impairment on assets 8,727 (7,188)
Deferred income tax expense (recovery) 930 (331)
Restructuring charge 156  
Stock option expense 10 15
Cash provided by (used in) operating activities before undernoted items 19,504 18,013
Changes in policy related and operating receivables and payables (316) (222)
Cash provided by (used in) operating activities 19,188 17,791
Investing activities    
Purchases and mortgage advances (101,172) (87,224)
Disposals and repayments 82,111 70,720
Changes in investment broker net receivables and payables (128) 227
Net cash decrease from purchase of subsidiaries and businesses 187 (10)
Cash provided by (used in) investing activities (19,002) (16,287)
Financing activities    
(Decrease) increase in repurchase agreements and securities sold but not yet purchased (189) (29)
Redemption of long-term debt (400) (607)
Issue of capital instruments, net 597 2,209
Redemption of capital instruments (450) (899)
Secured borrowings from securitization transactions 250 741
Changes in deposits from Bank clients, net 1,490 261
Shareholders' dividends paid in cash (1,788) (1,780)
Contributions from (distributions to) non-controlling interests, net (60) (6)
Common shares repurchased (478)  
Common shares issued, net 59 124
Preferred shares issued, net 245  
Cash provided by (used in) financing activities (724) 14
Increase (decrease) during the year (538) 1,518
Effect of foreign exchange rate changes on cash and short-term securities 822 (658)
Balance, beginning of year 15,098 14,238
Balance, December 31 15,382 15,098
Cash and short-term securities    
Gross cash and short-term securities, beginning of year 15,965 15,151
Net payments in transit, included in other liabilities, beginning of year (867) (913)
Balance, beginning of year 15,098 14,238
Gross cash and short-term securities, end of year 16,215 15,965
Net payments in transit, included in other liabilities, end of year (833) (867)
Balance, December 31 15,382 15,098
Supplemental disclosures on cash flow information:    
Interest received 10,952 10,596
Interest paid 1,212 1,118
Income taxes paid 461 1,360
MFC (Guarantor) [Member]    
Operating activities    
Net income (loss) 4,800 2,104
Adjustments:    
Equity in net income of unconsolidated subsidiaries (4,767) (2,275)
Other amortization 4 4
Net realized and unrealized (gains) losses and impairment on assets (11) (7)
Deferred income tax expense (recovery) 11 (59)
Cash provided by (used in) operating activities before undernoted items 37 (233)
Dividends from unconsolidated subsidiary 2,700 2,700
Changes in policy related and operating receivables and payables 251 (45)
Cash provided by (used in) operating activities 2,988 2,422
Investing activities    
Investment in common shares of subsidiaries (1,284) (2,473)
Notes receivable from subsidiaries (23) (16)
Cash provided by (used in) investing activities (1,307) (2,489)
Financing activities    
Redemption of long-term debt (400) (600)
Issue of capital instruments, net 597 2,209
Shareholders' dividends paid in cash (1,788) (1,780)
Common shares repurchased (478)  
Common shares issued, net 59 124
Preferred shares issued, net 245  
Notes payable to subsidiaries 83 (24)
Cash provided by (used in) financing activities (1,682) (71)
Increase (decrease) during the year (1) (138)
Effect of foreign exchange rate changes on cash and short-term securities 1 (2)
Balance, beginning of year 21 161
Balance, December 31 21 21
Cash and short-term securities    
Gross cash and short-term securities, beginning of year 21 161
Balance, beginning of year 21 161
Gross cash and short-term securities, end of year 21 21
Balance, December 31 21 21
Supplemental disclosures on cash flow information:    
Interest received 427 273
Interest paid 373 392
Income taxes paid (59) 99
JHUSA (Issuer) [Member]    
Operating activities    
Net income (loss) 2,181 (499)
Adjustments:    
Equity in net income of unconsolidated subsidiaries (1,206) (628)
Increase (decrease) in insurance contract liabilities (5,273) 16,877
Increase (decrease) in investment contract liabilities (86) 55
(Increase) decrease in reinsurance assets excluding coinsurance transactions 1,609 (1,890)
Amortization of (premium) discount on invested assets 58 24
Other amortization 225 123
Net realized and unrealized (gains) losses and impairment on assets 4,158 (2,609)
Deferred income tax expense (recovery) 679 (2,239)
Restructuring charge 43  
Stock option expense   (4)
Cash provided by (used in) operating activities before undernoted items 2,388 9,210
Dividends from unconsolidated subsidiary 405 125
Changes in policy related and operating receivables and payables (536) (4,627)
Cash provided by (used in) operating activities 2,257 4,708
Investing activities    
Purchases and mortgage advances (38,799) (30,645)
Disposals and repayments 35,817 26,952
Changes in investment broker net receivables and payables (169) 182
Capital contribution to unconsolidated subsidiaries (14) (63)
Return of capital from unconsolidated subsidiaries 72 11
Notes receivable from parent   368
Notes receivable from subsidiaries (61) (10)
Cash provided by (used in) investing activities (3,154) (3,205)
Financing activities    
Dividends paid to parent (777) (1,175)
Notes payable to affiliates   (201)
Cash provided by (used in) financing activities (777) (1,376)
Increase (decrease) during the year (1,674) 127
Effect of foreign exchange rate changes on cash and short-term securities 353 (276)
Balance, beginning of year 3,638 3,787
Balance, December 31 2,317 3,638
Cash and short-term securities    
Gross cash and short-term securities, beginning of year 4,133 4,317
Net payments in transit, included in other liabilities, beginning of year (495) (530)
Balance, beginning of year 3,638 3,787
Gross cash and short-term securities, end of year 2,783 4,133
Net payments in transit, included in other liabilities, end of year (466) (495)
Balance, December 31 2,317 3,638
Supplemental disclosures on cash flow information:    
Interest received 4,381 4,391
Interest paid 92 96
Income taxes paid 286 1,084
Other subsidiaries    
Operating activities    
Net income (loss) 6,060 3,074
Adjustments:    
Equity in net income of unconsolidated subsidiaries (2,181) 486
Increase (decrease) in insurance contract liabilities 8,180 3,146
Increase (decrease) in investment contract liabilities 121 118
(Increase) decrease in reinsurance assets excluding coinsurance transactions (716) 4,159
Amortization of (premium) discount on invested assets 154 206
Other amortization 518 433
Net realized and unrealized (gains) losses and impairment on assets 4,580 (4,572)
Deferred income tax expense (recovery) 240 1,967
Restructuring charge 113  
Stock option expense 10 19
Cash provided by (used in) operating activities before undernoted items 17,079 9,036
Dividends from unconsolidated subsidiary 777 1,175
Changes in policy related and operating receivables and payables (31) 4,450
Cash provided by (used in) operating activities 17,825 14,661
Investing activities    
Purchases and mortgage advances (62,373) (56,579)
Disposals and repayments 46,294 43,768
Changes in investment broker net receivables and payables 41 45
Net cash decrease from purchase of subsidiaries and businesses 187 (10)
Notes receivables from affiliates   201
Notes receivable from parent (83) 24
Cash provided by (used in) investing activities (15,934) (12,551)
Financing activities    
(Decrease) increase in repurchase agreements and securities sold but not yet purchased (189) (29)
Redemption of long-term debt   (7)
Redemption of capital instruments (450) (899)
Secured borrowings from securitization transactions 250 741
Changes in deposits from Bank clients, net 1,490 261
Dividends paid to parent (3,105) (2,825)
Contributions from (distributions to) non-controlling interests, net (60) (6)
Common shares issued, net 1,284 2,473
Capital contributions by parent 14 63
Return of capital to parent (72) (11)
Notes payable to parent 84 26
Notes payable to subsidiaries   (368)
Cash provided by (used in) financing activities (754) (581)
Increase (decrease) during the year 1,137 1,529
Effect of foreign exchange rate changes on cash and short-term securities 468 (380)
Balance, beginning of year 11,439 10,290
Balance, December 31 13,044 11,439
Cash and short-term securities    
Gross cash and short-term securities, beginning of year 11,811 10,673
Net payments in transit, included in other liabilities, beginning of year (372) (383)
Balance, beginning of year 11,439 10,290
Gross cash and short-term securities, end of year 13,411 11,811
Net payments in transit, included in other liabilities, end of year (367) (372)
Balance, December 31 13,044 11,439
Supplemental disclosures on cash flow information:    
Interest received 7,074 6,504
Interest paid 1,677 1,202
Income taxes paid 234 177
Consolidation adjustments [Member]    
Operating activities    
Net income (loss) (8,154) (2,417)
Adjustments:    
Equity in net income of unconsolidated subsidiaries 8,154 2,417
Dividends from unconsolidated subsidiary (3,882) (4,000)
Cash provided by (used in) operating activities (3,882) (4,000)
Investing activities    
Investment in common shares of subsidiaries 1,284 2,473
Capital contribution to unconsolidated subsidiaries 14 63
Return of capital from unconsolidated subsidiaries (72) (11)
Notes receivables from affiliates   (201)
Notes receivable from parent 83 (392)
Notes receivable from subsidiaries 84 26
Cash provided by (used in) investing activities 1,393 1,958
Financing activities    
Dividends paid to parent 3,882 4,000
Common shares issued, net (1,284) (2,473)
Capital contributions by parent (14) (63)
Return of capital to parent 72 11
Notes payable to affiliates   201
Notes payable to parent (84) (26)
Notes payable to subsidiaries (83) 392
Cash provided by (used in) financing activities 2,489 2,042
Supplemental disclosures on cash flow information:    
Interest received (930) (572)
Interest paid $ (930) $ (572)