Cash flow Statement (Quarterly, GAAP
in millions $) |
(Dec 31 2018) 12 Months |
(Sep 30 2018) 9 Months |
(Jun 30 2018) 6 Months |
(Mar 31 2018) 3 Months |
(Dec 31 2017) 12 Months |
Income |
1,641.00 |
1,242.00 |
752.00 |
367.00 |
2,079.00 |
Depreciation & amortization |
- |
- |
- |
- |
- |
Amortization of Other Assets |
- |
- |
- |
- |
- |
Increase (Decrease) in Prepaid Reinsurance Premiums
|
-87.00 |
-109.00 |
-91.00 |
-84.00 |
34.00 |
Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) |
- |
- |
- |
- |
905.00 |
Deferred acquisition costs |
- |
- |
- |
- |
- |
Sale of Assets |
- |
- |
- |
- |
- |
Stock-based compensation |
- |
- |
- |
- |
- |
Sale of Business |
- |
- |
- |
- |
- |
Deferred acquisition costs |
- |
- |
- |
- |
- |
Income (Loss) from Equity Method Investments |
- |
- |
- |
- |
- |
Investments & derivatives |
- |
- |
- |
- |
- |
Deferred Acquisition Costs Value Of Business Acquired Deferred Sales Inducements And Deferred Front End Loads Deferrals And Interest Net Of Amortization |
15.00 |
183.00 |
-17.00 |
5.00 |
-52.00 |
Change In Funds Withheld Reinsurance Liability And Reinsurance Recoverables |
-13.00 |
-276.00 |
-347.00 |
-286.00 |
-255.00 |
Change In Federal Income Tax Accruals |
- |
- |
- |
- |
- |
Realized Loss |
- |
- |
- |
- |
- |
Amortization Of Deferred Gain On Business Sold Through Reinsurance |
-18.00 |
-55.00 |
-37.00 |
-18.00 |
-55.00 |
Debt And Equity Securities Realized Gain Loss |
39.00 |
121.00 |
159.00 |
- |
- |
Change In Insurance Liabilities And Reinsurance Related Balance |
- |
- |
- |
- |
- |
Income taxes |
- |
- |
- |
- |
- |
Losses/ -gains on Investments net |
-135.00 |
96.00 |
116.00 |
-20.00 |
105.00 |
Increase (Decrease) in Income Taxes |
154.00 |
86.00 |
44.00 |
68.00 |
-1,119.00 |
Policy liabilities |
- |
- |
- |
- |
- |
Increase (Decrease) in Accrued Liabilities |
-101.00 |
73.00 |
-90.00 |
- |
- |
Recoverable from reinsurers |
- |
- |
- |
- |
- |
Other liabilities |
- |
- |
- |
- |
- |
Other Working Capital |
-105.00 |
-997.00 |
-848.00 |
-104.00 |
-1,720.00 |
Other Noncash Income (Expense) |
89.00 |
81.00 |
93.00 |
32.00 |
213.00 |
Other net |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Operating Activities |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Operating Activities |
1,943.00 |
1,034.00 |
632.00 |
140.00 |
788.00 |
Capital Expenditures |
- |
- |
- |
- |
- |
Sale of Capital Items |
- |
- |
- |
- |
- |
Proceeds from Maturities, Prepayments and Calls of Available-for-sale Securities |
6,004.00 |
4,714.00 |
3,351.00 |
1,368.00 |
7,498.00 |
Payments to Acquire Available-for-sale Securities |
- |
- |
- |
- |
-10,148.00 |
Securities liq. |
- |
- |
- |
- |
- |
Payments To Acquire Alternative Investments |
-53.00 |
- |
- |
- |
- |
Proceeds From Sale And Repayment Of Alternative Investments |
53.00 |
- |
- |
- |
- |
Issuance Of Mortgage Loans On Real Estate |
-341.00 |
- |
- |
- |
- |
Repayment And Maturities Of Mortgage Loans On Real Estate |
229.00 |
- |
- |
- |
- |
Proceeds From Sale Of Debt Securities Available For Sale And Equity Securities |
-32.00 |
- |
- |
- |
- |
Net Change In Collateral On Investments Derivatives And Related Settlements |
- |
- |
- |
- |
- |
Securities acq. |
- |
- |
- |
- |
- |
Purchase of other investments |
- |
- |
- |
- |
- |
Sale of other investments |
- |
- |
- |
- |
- |
Payments to Acquire Investments |
-8,982.00 |
-6,138.00 |
-3,966.00 |
-1,593.00 |
- |
Lease commissions |
- |
- |
- |
- |
- |
Payments to Acquire Businesses, Net of Cash Acquired |
-1,410.00 |
-1,410.00 |
-1,404.00 |
- |
- |
Proceeds from Divestiture of Interest in Subsidiaries and Affiliates |
- |
- |
- |
- |
- |
Proceeds from Divestiture of Businesses, Net of Cash Divested |
-12.00 |
-12.00 |
-12.00 |
- |
- |
Sale of assets |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Policy Loans |
21.00 |
40.00 |
23.00 |
11.00 |
51.00 |
Payments for (Proceeds from) Other Investing Activities |
-193.00 |
-144.00 |
-79.00 |
-32.00 |
-113.00 |
Other Net |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Net Cash flow from
Investing Activities |
-5,815.00 |
-4,240.00 |
-2,373.00 |
-595.00 |
-4,188.00 |
Short-term debt Net |
- |
- |
- |
- |
- |
Other borrowing transactions |
65.00 |
28.00 |
28.00 |
-23.00 |
62.00 |
Long-term debt - borrowings |
1,094.00 |
1,094.00 |
1,094.00 |
1,094.00 |
- |
Long-term debt - repayments |
-537.00 |
-537.00 |
-537.00 |
-487.00 |
- |
Universal life & investment |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Comm. Stock |
-900.00 |
-275.00 |
-100.00 |
- |
-725.00 |
Exercise of stock options |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Pref. Stock |
- |
- |
- |
- |
- |
Sale of business |
- |
- |
- |
- |
- |
Other |
- |
- |
- |
- |
- |
Other net |
- |
- |
- |
- |
- |
Deposits Of Fixed Account Values Including Fixed Portion Of Variable |
2,713.00 |
7,432.00 |
5,015.00 |
2,672.00 |
7,667.00 |
Withdrawals Of Fixed Account Values Including Fixed Portion Of Variable |
-1,530.00 |
-4,138.00 |
-2,769.00 |
-1,413.00 |
-4,534.00 |
Transfers To And From Separate Accounts Net |
-356.00 |
-1,200.00 |
-967.00 |
-549.00 |
-1,859.00 |
Common Stock Issued For Benefit Plans And Excess Tax Benefits |
29.00 |
-6.00 |
-8.00 |
-7.00 |
44.00 |
Issuance Redemption Of Series B Preferred Stock And Issuance Repurchase And Cancellation Of Associated Common Stock Warrants |
- |
- |
- |
- |
- |
Payments of Ordinary Dividends, Preferred Stock and Preference Stock |
- |
- |
- |
- |
- |
Dividends paid |
-289.00 |
-217.00 |
-145.00 |
-72.00 |
-262.00 |
Net Cash flow from
Financing Activities |
4,589.00 |
3,038.00 |
1,888.00 |
1,084.00 |
2,306.00 |
Effect of exchange rate on cash flow |
717.00 |
-168.00 |
147.00 |
629.00 |
- |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
1,943.00 |
1,034.00 |
632.00 |
140.00 |
788.00 |
Total Cash Flow |
- |
- |
- |
- |
-1,094.00 |
Cash & cash equiv. at beg.
of the Year |
- |
- |
- |
- |
2,722.00 |
Cash & cash equivalents at
end of period |
- |
- |
- |
- |
- |
Cash Interests paid |
- |
- |
- |
- |
- |
Cash Income taxes paid |
- |
- |
- |
- |
- |