Cash flow Statement (Quarterly, GAAP
in millions $) |
(Dec 31 2017) 12 Months |
(Sep 30 2017) 9 Months |
(Jun 30 2017) 6 Months |
(Mar 31 2017) 3 Months |
(Dec 31 2016) 12 Months |
Income |
-3,131.00 |
572.00 |
338.00 |
378.00 |
896.00 |
Depreciation & amortization |
399.00 |
300.00 |
191.00 |
96.00 |
398.00 |
Amortization of Other Assets |
- |
- |
- |
- |
- |
Extraordinary Item, Gain (Loss), Insurance Assets, Accretion Expense
|
-2,318.00 |
-996.00 |
-670.00 |
-359.00 |
-1,149.00 |
Deferred acquisition costs |
- |
- |
- |
- |
- |
Accounting changes |
- |
- |
- |
- |
- |
Inventory |
- |
- |
- |
- |
- |
Impairments |
- |
- |
- |
- |
- |
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal |
- |
- |
- |
- |
- |
Pension and Other Postretirement Benefit Expense |
747.00 |
747.00 |
747.00 |
- |
- |
Minority interest |
- |
- |
- |
- |
- |
Gains (Losses) on Extinguishment of Debt |
- |
- |
- |
- |
- |
Amortization Of Dac Continuing And Discontinued Operations |
- |
- |
- |
- |
- |
Deferred Policy Acquisition Costs Additions |
- |
- |
- |
- |
- |
Change In Receivables And Other Assets |
- |
- |
- |
- |
- |
Change In Accrued And Deferred Income Taxes |
- |
- |
- |
- |
- |
Realized Capital Gains Losses Continuing And Discontinued Operations |
- |
- |
- |
- |
- |
Increase Decreasein Deferred Income Taxes Excluding Tax Cuts and Jobs Actof |
- |
- |
- |
- |
- |
Statement Line Items |
- |
- |
- |
- |
- |
Income taxes |
408.00 |
328.00 |
- |
- |
- |
Gain (Loss) on Investments |
-111.00 |
52.00 |
55.00 |
-20.00 |
187.00 |
Accounts receivable |
- |
- |
- |
- |
- |
Increase (Decrease) in Accounts Payable and Accrued Liabilities |
- |
- |
- |
- |
- |
Reinsurance recoverables |
- |
- |
- |
- |
- |
Unearned premiums |
- |
- |
- |
- |
- |
Increase (Decrease) in Deferred Income Taxes |
- |
64.00 |
40.00 |
256.00 |
-250.00 |
Other Working Capital |
471.00 |
-527.00 |
-719.00 |
-640.00 |
202.00 |
Other Noncash Income (Expense) |
- |
- |
291.00 |
111.00 |
178.00 |
Other net |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Operating Activities |
1,417.00 |
984.00 |
621.00 |
403.00 |
1,523.00 |
Discontinued operations |
3,257.00 |
- |
- |
- |
81.00 |
Net Cash flow from
Operating Activities |
2,186.00 |
1,524.00 |
894.00 |
225.00 |
2,066.00 |
Capital Expenditures |
-250.00 |
-129.00 |
-92.00 |
-41.00 |
-224.00 |
Sale of Capital Items |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Short-term Investments, Total |
-144.00 |
-523.00 |
-1,453.00 |
-1,317.00 |
-1,377.00 |
Short-term Investments Acq. |
-32,070.00 |
-22,194.00 |
-16,129.00 |
-8,001.00 |
-23,041.00 |
Payments for (Proceeds from) Derivative Instrument, Investing Activities |
-314.00 |
-98.00 |
-40.00 |
-56.00 |
-247.00 |
Partnerships Proceeds |
- |
- |
- |
- |
- |
Payments To Acquire Fair Value Options |
- |
- |
- |
- |
- |
Partnerships Payments |
- |
- |
- |
- |
- |
Change In Policy Loans Net |
- |
- |
- |
- |
- |
Proceeds From Sale and Maturity of Fair Value Option Fixed Maturity Securties |
- |
- |
- |
- |
- |
Proceeds from Securities Soldunder Agreementsto Repurchase |
- |
- |
- |
- |
- |
Proceeds From Sale And Maturity Of Fair Value Option Fixed Maturity Securties |
- |
- |
- |
- |
- |
Payments For The Purchase Of Fair Value Option Fixed Maturity Securties |
- |
- |
- |
- |
- |
Purchases of other investments |
- |
- |
- |
- |
- |
Noncontrolling interest |
- |
- |
- |
- |
- |
Proceeds from Investments |
- |
- |
- |
- |
- |
Purchases of Investments |
- |
- |
- |
- |
- |
Purchases of non-current assets |
- |
- |
- |
- |
- |
Payments to Acquire Businesses, Net of Cash Acquired |
-1,423.00 |
- |
- |
- |
-175.00 |
Investment in affiliate |
- |
- |
- |
- |
- |
Proceeds from Divestiture of Businesses |
222.00 |
222.00 |
222.00 |
- |
- |
Proceeds from sale of assets |
- |
- |
- |
- |
- |
Receivables |
-362.00 |
-412.00 |
-118.00 |
12.00 |
-68.00 |
Payments for (Proceeds from) Other Investing Activities |
21.00 |
-17.00 |
-17.00 |
-18.00 |
-131.00 |
Other Net |
32,730.00 |
21,666.00 |
16,151.00 |
8,213.00 |
26,212.00 |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
-1,442.00 |
-1,485.00 |
-1,476.00 |
-1,208.00 |
949.00 |
Short-term debt Net |
-416.00 |
416.00 |
416.00 |
416.00 |
- |
Other borrowing transactions |
- |
- |
- |
- |
- |
Long-term debt - borrowings |
487.00 |
488.00 |
489.00 |
493.00 |
-17.00 |
Long-term debt - repayments |
- |
- |
- |
- |
-275.00 |
Proceeds from (Payments for) in Securities Sold under Agreements to Repurchase |
1,320.00 |
1,434.00 |
1,346.00 |
1,115.00 |
188.00 |
Issuances/ -repurchases
of Comm. Stock |
-1,038.00 |
-991.00 |
-672.00 |
-351.00 |
-1,321.00 |
Exercise of stock options |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Pref. Stock |
- |
- |
- |
- |
- |
Deposits, Annuities, Contract Holders Funds |
-991.00 |
-915.00 |
-574.00 |
-318.00 |
-782.00 |
Other financing activities net |
- |
- |
- |
- |
- |
Other net |
182.00 |
-832.00 |
-832.00 |
-832.00 |
- |
Deposits And Other Additions To Investment And Universal Life Type Contracts |
- |
- |
- |
- |
- |
Withdrawals And Other Deductions From Investment And Universal Life Type Contracts |
- |
- |
- |
- |
- |
Proceeds From Net Issuance Of Shares Under Incentive And Stock Compensation Plans And Excess Tax Benefit |
- |
- |
- |
- |
- |
Changes In Bank Deposits And Payments On Bank Advances |
- |
- |
- |
- |
- |
Net Increase Decrease In Cash |
- |
- |
- |
- |
- |
Net Receipts From To Investment Contracts Related To Policyholder Funds International Unit Linked Bonds And Pension Products |
- |
- |
- |
- |
- |
Cash and Cash Equivalents Including Cash Heldforsale Period Increase Decrease |
- |
- |
- |
- |
- |
Cash and Cash Equivalents Heldforsale Period Increase Decrease |
- |
- |
- |
- |
- |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents |
- |
- |
- |
- |
- |
Cash And Cash Equivalents Including Cash Held For Sale Period Increase Decrease |
- |
- |
- |
- |
- |
Cash And Cash Equivalents Held For Sale Period Increase Decrease |
- |
- |
- |
- |
- |
Net Transfers from Separate Accounts |
- |
- |
- |
- |
- |
Proceeds Payments Issuance Return Of Shares Under Incentive And Share Based Compensation Plans |
- |
- |
- |
- |
- |
Payments of Ordinary Dividends, Preferred Stock and Preference Stock |
- |
- |
- |
- |
- |
Dividends paid |
-341.00 |
-258.00 |
-173.00 |
-87.00 |
-334.00 |
Net Cash flow from
Financing Activities |
-979.00 |
-658.00 |
- |
436.00 |
-2,541.00 |
Effect of exchange rate on cash flow |
70.00 |
70.00 |
62.00 |
2.00 |
-40.00 |
Discontinued operations |
328.00 |
882.00 |
882.00 |
882.00 |
448.00 |
Free
Cash Flow |
1,936.00 |
1,395.00 |
802.00 |
184.00 |
1,842.00 |
Total Cash Flow |
-148.00 |
-549.00 |
-520.00 |
-545.00 |
- |
Cash & cash equiv. at beg.
of the Year |
- |
- |
- |
- |
- |
Cash & cash equivalents at
end of period |
- |
- |
- |
- |
- |
Cash Interests paid |
322.00 |
-205.00 |
-164.00 |
-71.00 |
- |
Cash Income taxes paid |
6.00 |
3.00 |
2.00 |
132.00 |
-130.00 |