Consolidated Condensed Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended
Mar. 31, 2019	Mar. 31, 2018
Operating Activities:
Net income	$ 396	$ 380
Adjustments to reconcile net income to net cash provided (used) by operating activities, net	369	185
Changes in operating assets and liabilities, net:
Receivables	15	(147)
Deferred acquisition costs	(29)	(29)
Insurance reserves	57	311
Other assets	(143)	(56)
Other liabilities	(104)	(215)
Trading securities	(480)	84
Net cash flow provided by operating activities	81	513
Investing Activities:
Purchases of fixed maturities	(2,447)	(2,690)
Proceeds from sales of fixed maturities	2,259	2,576
Proceeds from maturities of fixed maturities	576	531
Purchases of limited partnership investments	(114)	(63)
Proceeds from sales of limited partnership investments	337	69
Purchases of property, plant and equipment	(223)	(230)
Change in short term investments	(27)	(25)
Other, net	(61)	(112)
Net cash flow provided by investing activities	300	56
Financing Activities:
Dividends paid	(19)	(20)
Dividends paid to noncontrolling interests	(68)	(78)
Purchases of Loews treasury stock	(317)	(497)
Purchases of subsidiary stock from noncontrolling interests	(14)
Principal payments on debt	(210)	(303)
Issuance of debt	192	233
Other, net	(13)	74
Net cash flow used by financing activities	(449)	(591)
Effect of foreign exchange rate on cash	2	1
Net change in cash	(66)	(21)
Cash, beginning of period	405	472
Cash, end of period	$ 339	$ 451

The net amount paid (received) by the reporting entity through acquisition (sale/maturities) of short-term investments with an original maturity that is less than 12 months which qualify for treatment as an investing activity based on management's intention and intended by management to be liquidated, if necessary, within the current operating cycle. Includes cash flows from securities classified as trading securities that were acquired for reasons other than sale in the short-term.

No definition available.