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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Operating Activities          
Net income $ 482 $ 459 $ 1,636 $ 1,200  
Adjustments to reconcile net income (loss) to net cash provided by operating activities          
Net realized losses (gains)     (317) 65  
Amortization of deferred policy acquisition costs     1,252 1,287  
Increase (Decrease) in Deferred Policy Acquisition Costs     1,330 1,268  
Depreciation and amortization     515 411  
Other operating activities, net     (178) 129  
Increase (Decrease) in Reinsurance Recoverable     257 186  
Increase (Decrease) in Deferred Income Taxes     114 (437)  
Increase in insurance liabilities     2,104 1,019  
Increase (Decrease) in Other Operating Assets and Liabilities, Net     442 490  
Net cash provided by operating activities     2,889 2,655  
Proceeds from the sale/maturity/prepayment of:          
Fixed maturities, available-for-sale     16,141 14,734  
Equity securities, at fair value     517 1,420  
Mortgage loans     1,092 710  
Partnerships     451 84  
Payments for the purchase of:          
Fixed maturities, available-for-sale     (15,898) (15,544)  
Equity securities, at fair value     (1,060) (758)  
Mortgage loans     (1,692) (995)  
Partnerships     (830) (235)  
Payments for (Proceeds from) Derivative Instrument, Investing Activities     (3) (131)  
Net additions of property and equipment     (92) (78)  
Net payments for short-term investments     (329) (475)  
Other investing activities, net     (51) (1)  
Net cash used for investing activities     (1,748) (1,007)  
Financing Activities          
Deposits and other additions to investment and universal life-type contracts     66 44  
Withdrawals and other deductions from investment and universal life-type contracts     (57) (78)  
Net decrease in securities loaned or sold under agreements to repurchase     0 (511)  
Repayment of debt     0 (500)  
Proceeds from Issuance of Other Long-term Debt     588 0  
Excess Tax Benefit from Share-based Compensation, Financing Activities     23 (27)  
Treasury stock acquired     (1,202) (150)  
Dividends paid on preferred stock     (16) (16)  
Dividends paid on common stock     (365) (341)  
Net cash used for financing activities     (963) (1,579)  
Effect of Exchange Rate on Cash and Cash Equivalents     (5) (3)  
Cash and Cash Equivalents, Including Cash Held-for-sale, Period Increase (Decrease)     173 66  
Cash and Cash Equivalents, Held-for-sale, Period Increase (Decrease)     15 58  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total     158 8  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents     239 262 $ 270
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $ 397 $ 270 397 270 $ 397
Supplemental Disclosure of Cash Flow Information          
Income tax paid (received)     439 (161)  
Interest paid     165 183  
Continental Europe Operations [Member]          
Gain (Loss) on Disposition of Business     $ (20) $ (51)