7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 
      
                                   
      cash flows from operating activities:
                                   
      net income
    -1,215,000,000 -283,000,000 150,000,000 1,015,000,000 26,000,000 565,000,000 217,000,000 -589,000,000 1,135,000,000 831,000,000 266,000,000 -713,000,000 327,000,000 1,773,000,000 639,000,000 388,000,000 765,000,000 223,000,000 -1,400,000,000 -1,136,000,000 -718,000,000 -3,942,000,000 5,447,000,000 -841,000,000 -316,000,000 430,000,000 -709,000,000 1,999,000,000 -391,000,000 255,000,000 291,000,000 
      adjustments to reconcile net income to net cash from operating activities:
                                   
      interest credited to policyholders’ account balances
    798,000,000 796,000,000 678,000,000 620,000,000 708,000,000 605,000,000 566,000,000 563,000,000 556,000,000 501,000,000 463,000,000 407,000,000 378,000,000 309,000,000 315,000,000 314,000,000 305,000,000 309,000,000 291,000,000 292,000,000 306,000,000 307,000,000 317,000,000 319,000,000 304,000,000 314,000,000 304,000,000 273,000,000 278,000,000 268,000,000 271,000,000 
      policy charges and fee income
    -471,000,000 -626,000,000 -636,000,000 -638,000,000 -626,000,000 -617,000,000 -614,000,000 -599,000,000 -599,000,000 -594,000,000 -588,000,000 -792,000,000 -796,000,000 -813,000,000 -840,000,000 -882,000,000 -867,000,000 -939,000,000 -949,000,000 -948,000,000 -917,000,000 -879,000,000 -991,000,000 -937,000,000 -929,000,000 -941,000,000 -931,000,000 -943,000,000 -922,000,000 -987,000,000 -972,000,000 
      net derivative (gains) losses
    1,117,000,000 1,374,000,000 -799,000,000 253,000,000 714,000,000 208,000,000 1,376,000,000 1,254,000,000 -615,000,000 917,000,000 841,000,000 1,422,000,000 -68,000,000 -2,229,000,000 -821,000,000 535,000,000 185,000,000 1,199,000,000 2,546,000,000 3,612,000,000 1,478,000,000 6,033,000,000 -9,401,000,000 1,683,000,000 451,000,000 236,000,000 1,630,000,000    281,000,000 
      credit and intent to sell losses on available for sale debt securities and loans
    -11,000,000   19,000,000 28,000,000 15,000,000 20,000,000 75,000,000 65,000,000 14,000,000 66,000,000 48,000,000                    
      investment (gains) losses
    1,181,000,000 17,000,000 14,000,000 13,000,000 18,000,000 1,000,000 19,000,000 84,000,000 346,000,000 42,000,000 21,000,000 7,000,000 65,000,000 223,000,000 336,000,000 -102,000,000 -165,000,000 -414,000,000 -182,000,000 -585,000,000 -21,000,000 -201,000,000 -65,000,000 -30,000,000 -199,000,000 12,000,000 11,000,000 131,000,000 35,000,000 22,000,000 -102,000,000 
      (gains) losses on businesses held-for-sale
       -134,000,000 -1,000,000 -4,000,000 1,000,000 -1,000,000 3,000,000                     
      realized and unrealized (gains) losses on trading securities
    -50,000,000 -40,000,000 1,000,000 26,000,000 -71,000,000 -6,000,000 -37,000,000 -60,000,000 27,000,000 -10,000,000 -34,000,000 -41,000,000 43,000,000 104,000,000 92,000,000 -22,000,000 15,000,000 -8,000,000 41,000,000 -37,000,000 -3,000,000 -300,000,000 170,000,000 -17,000,000 -29,000,000 -162,000,000 -294,000,000 -29,000,000    
      loss on novation
    499,000,000                             
      ab retirement plan losses
    -3,000,000 21,000,000                             
      non-cash long term incentive compensation expense
    16,000,000 22,000,000 26,000,000 207,000,000 25,000,000 28,000,000 25,000,000        38,000,000 192,000,000 -31,000,000 24,000,000 41,000,000 155,000,000 22,000,000 28,000,000 5,000,000 188,000,000 22,000,000 26,000,000 42,000,000     
      amortization and depreciation
    219,000,000 220,000,000 213,000,000 220,000,000 211,000,000 189,000,000 240,000,000 236,000,000 196,000,000 156,000,000 224,000,000 227,000,000 216,000,000 191,000,000 180,000,000 161,000,000 88,000,000 95,000,000 153,000,000 89,000,000 162,000,000 231,000,000 1,275,000,000 122,000,000 102,000,000 194,000,000 239,000,000     
      remeasurement of liability for future policy benefits
    59,000,000 -13,000,000 -2,000,000 -3,000,000 16,000,000 -8,000,000 1,000,000 29,000,000 49,000,000 -7,000,000 4,000,000                     
      change in market risk benefits
    -353,000,000 -606,000,000 672,000,000 -817,000,000 79,000,000 -133,000,000 -1,100,000,000 -35,000,000 -817,000,000 -975,000,000 20,000,000                     
      equity (income) income from limited partnerships
    -55,000,000 -59,000,000 -28,000,000 -80,000,000 -36,000,000 -8,000,000 -50,000,000 -44,000,000 -20,000,000 -40,000,000 -21,000,000 -18,000,000 -22,000,000 -35,000,000 -71,000,000 -122,000,000 -214,000,000 -110,000,000 -107,000,000 -97,000,000 -46,000,000 38,000,000 22,000,000 -25,000,000 -26,000,000 -28,000,000 -13,000,000     
      changes in:
                                   
      net broker-dealer and customer related receivables/payables
    -178,000,000 -274,000,000 248,000,000 59,000,000 -337,000,000 -144,000,000 -24,000,000 86,000,000 -310,000,000 -45,000,000 -641,000,000 384,000,000 -378,000,000 172,000,000 11,000,000 494,000,000 99,000,000 -396,000,000 -328,000,000 -313,000,000 276,000,000 -177,000,000 881,000,000 101,000,000 -120,000,000 -163,000,000 -221,000,000 423,000,000 -64,000,000 196,000,000 283,000,000 
      reinsurance recoverable and related balances
                                   
      segregated cash and securities
    58,000,000 289,000,000 -272,000,000 47,000,000 45,000,000 274,000,000 2,000,000 60,000,000 -48,000,000 175,000,000 468,000,000 -187,000,000 412,000,000 -54,000,000 -189,000,000 -595,000,000 165,000,000 339,000,000 341,000,000 115,000,000 13,000,000 131,000,000 -918,000,000 -136,000,000 151,000,000 153,000,000 -93,000,000 93,000,000 35,000,000 -265,000,000 -208,000,000 
      capitalization of deferred policy acquisition costs
    -283,000,000 -292,000,000 -282,000,000 -325,000,000 -291,000,000 -291,000,000 -270,000,000 -274,000,000 -252,000,000 -248,000,000 -202,000,000 -197,000,000 -216,000,000 -220,000,000 -209,000,000 -255,000,000 -214,000,000 -220,000,000 -186,000,000 -181,000,000 -148,000,000 -156,000,000 -185,000,000 -210,000,000 -182,000,000 -189,000,000 -173,000,000     
      future policy benefits
    -197,000,000 173,000,000 28,000,000 35,000,000 84,000,000 158,000,000 117,000,000 133,000,000 156,000,000 135,000,000 -95,000,000 -78,000,000 -205,000,000 147,000,000 180,000,000 -192,000,000 -142,000,000 -25,000,000 60,000,000 86,000,000 39,000,000 -108,000,000 1,936,000,000 22,000,000 924,000,000 -21,000,000 22,000,000 221,000,000 -449,000,000 83,000,000 -254,000,000 
      current and deferred income taxes
    -624,000,000 -135,000,000 6,000,000 141,000,000 26,000,000 70,000,000 85,000,000 -295,000,000 309,000,000 -439,000,000 -738,000,000 -217,000,000 66,000,000 430,000,000 93,000,000 65,000,000 162,000,000 -249,000,000 -429,000,000 -808,000,000 -245,000,000 -943,000,000 1,425,000,000 -144,000,000 13,000,000 -160,000,000 183,000,000 384,000,000 25,000,000 121,000,000 103,000,000 
      other
    605,000,000 -21,000,000 -72,000,000 -138,000,000 50,000,000 371,000,000 -166,000,000 -823,000,000 519,000,000 270,000,000 -205,000,000 -287,000,000 157,000,000 136,000,000 -98,000,000 -63,000,000 150,000,000 214,000,000 175,000,000 -255,000,000 375,000,000 119,000,000 -448,000,000 -76,000,000 -28,000,000 30,000,000 -88,000,000 -83,000,000 41,000,000 75,000,000 -255,000,000 
      net cash from operating activities
    369,000,000 341,000,000 158,000,000 400,000,000 683,000,000 892,000,000 31,000,000 -392,000,000 410,000,000 361,000,000 -587,000,000 -106,000,000 79,000,000 -94,000,000 -730,000,000 -402,000,000 241,000,000 -581,000,000 -14,000,000 -66,000,000 553,000,000 34,000,000 -582,000,000 76,000,000 133,000,000 -316,000,000 -109,000,000 94,000,000 281,000,000 -50,000,000 -264,000,000 
      cash flows from investing activities:
                                   
      proceeds from the sale/maturity/pre-payment of:
                                   
      fixed maturities, available-for-sale
    4,860,000,000 4,898,000,000 4,470,000,000 3,266,000,000 2,384,000,000 3,378,000,000 1,906,000,000 2,514,000,000 3,188,000,000 3,309,000,000 1,481,000,000 1,134,000,000 1,881,000,000 3,881,000,000 8,651,000,000 8,523,000,000 5,273,000,000 11,381,000,000 9,257,000,000 8,564,000,000 2,827,000,000 4,833,000,000 2,762,000,000 3,477,000,000 4,649,000,000 2,301,000,000 2,900,000,000     
      fixed maturities, at fair value using the fair value option
    261,000,000 168,000,000 131,000,000 245,000,000 231,000,000 200,000,000 199,000,000 160,000,000 84,000,000 209,000,000 30,000,000 92,000,000 88,000,000 93,000,000 252,000,000 153,000,000 200,000,000 301,000,000 109,000,000             
      mortgage loans on real estate
    664,000,000 315,000,000 349,000,000 160,000,000 550,000,000 204,000,000 256,000,000 93,000,000 117,000,000 155,000,000 81,000,000 253,000,000 188,000,000 433,000,000 280,000,000 279,000,000 874,000,000 298,000,000 245,000,000 176,000,000 71,000,000 263,000,000 120,000,000 244,000,000 420,000,000 72,000,000 216,000,000 393,000,000 222,000,000 85,000,000 68,000,000 
      trading account securities
    101,000,000 101,000,000 168,000,000 89,000,000 486,000,000 261,000,000 251,000,000 298,000,000 185,000,000 318,000,000 162,000,000 166,000,000 112,000,000 48,000,000 45,000,000 44,000,000 478,000,000 3,838,000,000 799,000,000 633,000,000 630,000,000 389,000,000 510,000,000 1,955,000,000 1,100,000,000 3,819,000,000 3,843,000,000 2,403,000,000 2,071,000,000 3,237,000,000 1,629,000,000 
      short term investments
    5,000,000 98,000,000 34,000,000 79,000,000 186,000,000 289,000,000 282,000,000 620,000,000 302,000,000 1,813,000,000 589,000,000 262,000,000 207,000,000 100,000,000 6,000,000 3,000,000 3,000,000 63,000,000 18,000,000 63,000,000 496,000,000 220,000,000 718,000,000         
      payment for the purchase/origination of:
                                   
      cash settlements related to derivative instruments
    -86,000,000 371,000,000 200,000,000 -1,157,000,000 -536,000,000 -259,000,000 -1,179,000,000 367,000,000 -1,047,000,000 -458,000,000 -197,000,000 -1,115,000,000 133,000,000 436,000,000 230,000,000 565,000,000 -402,000,000 -3,127,000,000 -2,973,000,000 -1,337,000,000 -2,501,000,000 -577,000,000 5,581,000,000 -1,133,000,000 1,291,000,000 -107,000,000 -1,005,000,000 1,192,000,000 -276,000,000 -279,000,000 -54,000,000 
      investment in capitalized software, leasehold improvements and edp equipment
    -33,000,000 -7,000,000 -10,000,000 -26,000,000 -28,000,000 -36,000,000 -63,000,000 -35,000,000 -25,000,000 -39,000,000 -18,000,000 -65,000,000 -83,000,000 -20,000,000 1,000,000 -27,000,000 -41,000,000 -29,000,000 -23,000,000 -63,000,000 -16,000,000 -14,000,000 -14,000,000 -21,000,000 -33,000,000 -23,000,000 -16,000,000 -39,000,000 -38,000,000 -22,000,000 -24,000,000 
      net cash from investing activities
    -4,768,000,000 -2,518,000,000 -1,199,000,000 -5,536,000,000 -2,392,000,000 -5,245,000,000 -2,682,000,000 115,000,000 -2,449,000,000 -1,087,000,000 -1,430,000,000 -3,215,000,000 -2,524,000,000 -1,577,000,000 -171,000,000 -1,914,000,000 -2,484,000,000 -4,540,000,000 -3,751,000,000 -3,855,000,000 -5,530,000,000 -2,585,000,000 4,147,000,000 -1,085,000,000 -4,969,000,000 -2,372,000,000 -70,000,000 -993,000,000 -2,863,000,000 1,348,000,000 459,000,000 
      cash flows from financing activities:
                                   
      policyholders’ account balances:
                                   
      deposits
    5,573,000,000 8,209,000,000 6,722,000,000 5,238,000,000 4,823,000,000 4,794,000,000 4,239,000,000 4,235,000,000 3,630,000,000 4,685,000,000 4,375,000,000 4,687,000,000 4,466,000,000 3,986,000,000 3,228,000,000 4,761,000,000 2,771,000,000 2,753,000,000 7,236,000,000 3,518,000,000 3,329,000,000 2,092,000,000 2,507,000,000 2,899,000,000 5,024,000,000 2,490,000,000 2,430,000,000 1,622,000,000 2,805,000,000 3,035,000,000 2,532,000,000 
      withdrawals
    -3,542,000,000 -2,578,000,000 -2,059,000,000 -2,818,000,000 -2,981,000,000 -2,147,000,000 -2,572,000,000 -3,113,000,000 -1,899,000,000 -2,175,000,000 -2,655,000,000 -1,951,000,000 -1,955,000,000 -799,000,000 -2,257,000,000 -2,452,000,000 -1,499,000,000 -1,651,000,000 -1,467,000,000 -1,216,000,000 -1,087,000,000 -930,000,000 -1,099,000,000 -1,068,000,000 -1,169,000,000 -1,315,000,000 -1,067,000,000 -430,000,000 -1,420,000,000 -1,366,000,000 -1,384,000,000 
      transfers (to) from separate accounts
    493,000,000 448,000,000 484,000,000 469,000,000 448,000,000 431,000,000 401,000,000 385,000,000 327,000,000 338,000,000 309,000,000 299,000,000 291,000,000 403,000,000 454,000,000 530,000,000 498,000,000 460,000,000 497,000,000 533,000,000 1,046,000,000 360,000,000 513,000,000 411,000,000 527,000,000 407,000,000 424,000,000     
      payments of market risk benefits
    -150,000,000 -212,000,000 -154,000,000 -138,000,000 -169,000,000 -174,000,000 -202,000,000 -185,000,000 -184,000,000 -203,000,000 -172,000,000                     
      repayment of short-term financings
       -254,000,000                         
      change in collateralized pledged assets
    36,000,000 9,000,000 8,000,000 -24,000,000 14,000,000 96,000,000 -171,000,000 78,000,000 -82,000,000 -38,000,000 -7,000,000 -1,000,000 -28,000,000 105,000,000 -40,000,000 -21,000,000 -12,000,000 1,459,000,000 -1,392,000,000 -199,000,000 16,000,000 44,000,000 -74,000,000 12,000,000 -3,000,000 -6,000,000 62,000,000 -62,000,000 14,000,000 17,000,000 
      change in collateralized pledged liabilities
    2,184,000,000 4,169,000,000 -2,871,000,000 146,000,000 -126,000,000 1,166,000,000 3,663,000,000 1,122,000,000 -1,050,000,000 1,617,000,000 665,000,000 897,000,000 -943,000,000 -2,074,000,000 545,000,000 -81,000,000 227,000,000 1,171,000,000 96,000,000 -1,125,000,000 1,734,000,000 -418,000,000 657,000,000 -539,000,000 417,000,000 852,000,000 631,000,000 -612,000,000 -419,000,000 399,000,000 56,000,000 
      issuance of long-term debt
    495,000,000     1,000,000 496,000,000                 -1,000,000   
      repayment of long term debt
                                 
      proceeds from collateralized loan obligations
    12,000,000 34,000,000    5,000,000                       
      repayment of collateralized loan obligations
    -14,000,000 -14,000,000 -24,000,000                             
      proceeds from notes issued by consolidated vies
    57,000,000 742,000,000 461,000,000 383,000,000 -7,000,000     40,000,000 9,000,000 -32,000,000 -11,000,000 -1,000,000 441,000,000 422,000,000 11,000,000             
      repayment of notes issued by consolidated vies
    -3,000,000 -374,000,000 -465,000,000                             
      dividends paid on common stock
    -81,000,000 -82,000,000 -74,000,000 -75,000,000 -76,000,000 -78,000,000 -73,000,000 -74,000,000 -77,000,000 -78,000,000 -72,000,000 -74,000,000 -75,000,000 -75,000,000 -70,000,000 -72,000,000 -74,000,000 -76,000,000 -74,000,000 -75,000,000 -76,000,000 -77,000,000 -69,000,000         
      dividends paid on preferred stock
    -16,000,000 -18,000,000 -14,000,000 -26,000,000 -14,000,000 -26,000,000 -14,000,000 -26,000,000 -14,000,000 -26,000,000 -14,000,000 -26,000,000 -14,000,000 -26,000,000 -14,000,000 -26,000,000 -14,000,000 -26,000,000 -13,000,000 -19,000,000 -11,000,000 -10,000,000 -13,000,000         
      redemption of preferred stock
    -160,000,000                               
      purchase of alliancebernstein units
      -23,000,000                            
      purchase of ab holding units to fund long-term incentive compensation plan awards
    -4,000,000 -14,000,000 -30,000,000 -79,000,000 -44,000,000 -28,000,000 -6,000,000                  -23,000,000       
      purchase of treasury shares
    -676,000,000 -235,000,000 -262,000,000 -260,000,000 -254,000,000 -247,000,000 -253,000,000 -241,000,000 -238,000,000 -226,000,000 -214,000,000 -150,000,000 -200,000,000 -220,000,000 -279,000,000 -468,000,000 -460,000,000 -279,000,000 -430,000,000 -100,000,000 -100,000,000 -25,000,000 -205,000,000     -591,000,000    
      purchases (redemptions) of noncontrolling interests of consolidated company-sponsored investment funds
    -26,000,000 81,000,000 92,000,000 -59,000,000 108,000,000 88,000,000 203,000,000 113,000,000 98,000,000 -87,000,000 150,000,000 101,000,000 12,000,000 -5,000,000 -56,000,000 323,000,000 102,000,000 -72,000,000 -7,000,000 50,000,000 9,000,000 -195,000,000 -74,000,000 31,000,000 79,000,000       
      distribution to noncontrolling interest of consolidated subsidiaries
    -77,000,000 -99,000,000 -130,000,000 -106,000,000 -89,000,000 -90,000,000 -99,000,000 -82,000,000 -78,000,000 -85,000,000 -89,000,000 -83,000,000 -80,000,000 -99,000,000 -139,000,000 -96,000,000 -101,000,000 -87,000,000 -108,000,000 -74,000,000 -68,000,000 -69,000,000 -93,000,000 -70,000,000 -62,000,000 -56,000,000 -68,000,000     
      change in securities lending
    -27,000,000 -42,000,000 9,000,000 10,000,000 -25,000,000 5,000,000 31,000,000                         
      net cash from financing activities
    3,052,000,000 8,942,000,000 2,228,000,000 2,549,000,000 1,583,000,000 3,364,000,000 4,945,000,000 2,387,000,000 470,000,000 3,394,000,000 2,749,000,000 3,588,000,000 1,513,000,000 1,108,000,000 1,437,000,000 2,330,000,000 1,751,000,000 3,994,000,000 4,436,000,000 1,498,000,000 5,285,000,000 557,000,000 2,334,000,000 992,000,000 4,581,000,000 2,294,000,000 838,000,000 594,000,000 529,000,000 -542,000,000 1,074,000,000 
      effect of exchange rate changes on cash and cash equivalents
    -6,000,000 28,000,000 13,000,000 -28,000,000 21,000,000 -3,000,000 -10,000,000 25,000,000 -18,000,000 6,000,000 10,000,000 34,000,000 -38,000,000 -41,000,000 -11,000,000 -3,000,000 -14,000,000 1,000,000 -2,000,000 22,000,000 12,000,000 2,000,000 -13,000,000 16,000,000   1,000,000 -3,000,000 -3,000,000 -14,000,000 8,000,000 
      change in cash and cash equivalents
    -1,353,000,000 6,793,000,000 1,200,000,000 -2,615,000,000 -105,000,000 -992,000,000 2,284,000,000 2,135,000,000 -1,587,000,000 2,674,000,000 742,000,000 301,000,000 -970,000,000 -604,000,000 525,000,000 11,000,000 -506,000,000 -1,126,000,000 669,000,000 -2,401,000,000 320,000,000 -1,992,000,000 5,886,000,000 -1,000,000 -263,000,000 -395,000,000 660,000,000 -308,000,000 -2,056,000,000 742,000,000 1,277,000,000 
      cash and cash equivalents, beginning of period
    6,964,000,000 8,239,000,000                       
      change in cash of businesses held-for-sale
       319,000,000 -166,000,000 8,000,000 -10,000,000 1,000,000 -5,000,000     -78,000,000 92,000,000 -53,000,000 -104,000,000           
      cash and cash equivalents, end of period
    -1,353,000,000 6,793,000,000 8,164,000,000 -2,615,000,000 -105,000,000 -673,000,000 10,357,000,000 2,143,000,000 -1,597,000,000                -263,000,000 -395,000,000 5,129,000,000  -2,056,000,000 742,000,000 6,091,000,000 
      non-cash transactions from investing and financing activities:
                                   
      right-of-use assets obtained in exchange for lease obligations
    43,000,000 9,000,000 15,000,000  9,000,000 17,000,000 205,000,000  17,000,000 21,000,000 10,000,000  20,000,000 5,000,000 29,000,000  48,000,000 19,000,000 26,000,000  8,000,000 2,000,000 14,000,000         
      transfer of securities to reinsurer
                                   
      transfer of policy loans to reinsurer
                                   
      reinsurance recoverable
     -255,000,000 -307,000,000 -254,000,000 14,000,000 -251,000,000 -375,000,000 -365,000,000 -305,000,000 -345,000,000 -456,000,000 -260,000,000 -209,000,000 -261,000,000 -376,000,000 -319,000,000 -62,000,000 -617,000,000 -79,000,000 -85,000,000 -24,000,000 -179,000,000 -113,000,000 -76,000,000 -5,000,000 -47,000,000 -18,000,000 -283,000,000 72,000,000 -12,000,000 32,000,000 
      increase in overdrafts payable
          46,000,000     -5,000,000 -6,000,000 1,000,000 -15,000,000 -9,000,000 16,000,000 8,000,000 1,000,000 -16,000,000 -14,000,000 -68,000,000 85,000,000 13,000,000 -54,000,000 46,000,000 -65,000,000 42,000,000 -10,000,000 -36,000,000 7,000,000 
      purchase of business, net of cash acquired
                                  
      cash from the sale of business, net of cash sold
                                 
      repayment of acquisition-related debt obligation
                                  
      supplemental cash flow information:
                                   
      interest paid
                                   
      issuance of preferred stock
                   293,000,000            
      securities received in exchange for the 2029 notes
        7,000,000                           
      change in short-term financings
           255,000,000 -751,000,000 -8,000,000 -8,000,000 2,000,000 41,000,000 112,000,000 91,000,000 -81,000,000 -103,000,000 185,000,000    105,000,000 -383,000,000 -59,000,000 -98,000,000 -6,000,000 148,000,000 -117,000,000 -1,508,000,000 167,000,000 
      income taxes (refunded) paid
                                   
      transfer of assets to reinsurer
                               
      non-cash long-term incentive compensation expense
            18,000,000 24,000,000 17,000,000 182,000,000 42,000,000                   
      purchases of ab holding units to fund long-term incentive compensation plan awards
            -52,000,000 -1,000,000 -18,000,000 -103,000,000 -1,000,000 -93,000,000 -14,000,000 -140,000,000 -47,000,000 -39,000,000 -36,000,000 -95,000,000 -6,000,000 -30,000,000 -18,000,000     -184,000,000    
      changes in securities lending payable
            84,000,000                       
      proceeds from the sale/maturity/prepayment of:
                                   
      cash and cash equivalents, beginning of the period
              4,281,000,000                     
      cash and cash equivalents, end of the period
              5,018,000,000                     
      real estate joint ventures
                           2,000,000 1,000,000 1,000,000 1,000,000     
      repayment of long-term debt
                   -280,000,000           202,000,000 
      cash and cash equivalents, beginning of year
               5,188,000,000 6,179,000,000 4,405,000,000 4,469,000,000 4,814,000,000 
      cash and cash equivalents, end of year
               142,000,000 -970,000,000 -604,000,000 5,713,000,000 -67,000,000 -506,000,000 -1,034,000,000 6,795,000,000 -2,505,000,000 320,000,000 -1,951,000,000 10,315,000,000         
      (gains) losses on businesses hfs
                   -1,000,000 -1,000,000 -1,000,000             
      repayments of loans to affiliates
                                   
      credit losses on afs debt securities and loans
                 9,000,000 -10,000,000 2,000,000 2,000,000 -5,000,000 -1,000,000  4,000,000 31,000,000 12,000,000         
      increase in securities sold under agreement to repurchase
                           -573,000,000 -1,327,000,000 50,000,000 -54,000,000 17,000,000 
      non-cash pension plan restructuring
                                   
      non-cash transactions:
                                   
      credit losses on available-for-sale debt securities and loans
                                   
      loss on businesses held-for-sale
                       19,000,000           
      repayment of loans from affiliates
                                 
      capital contribution from parent company
                                   
      (settlement) issuance of long-term debt
                                  
      contribution of 0.5% minority interest in axa financial, inc.
                                   
      proceeds from the sale of business
                                  
      loss on businesses held for sale
                          49,000,000         
      change in cash of businesses held for sale
                          24,000,000         
      change in goodwill
                                   
      proceeds from loans from affiliates
                                   
      shareholder dividends paid
                                   
      purchase of shares in consolidated subsidiaries
                                   
      short-term investments
                            398,000,000 819,000,000 794,000,000     
      cash contribution from parent company
                                   
      shareholder dividend paid
                            -74,000,000 -73,000,000 -68,000,000  -73,000,000 -15,000,000 
      purchase of ab units by holdings
                                  
      cash paid to repurchase common stock
                            -37,000,000 -6,000,000 -744,000,000     
      repurchase of ab holding units from noncontrolling interest
                                -10,000,000   
      non-cash transactions during the period:
                                   
      contribution of 0.5% minority interest in axa financial
                                  
      real estate held for the production of income
                                   
      real estate
                                   
      issuance of loans to affiliates
                                   
      increase in securities purchased under agreement to resell
                                   
      (income) loss related to derivative instruments
                                1,934,000,000   
      non-cash pension restructuring
                                4,000,000 -1,000,000 102,000,000 
      amortization of deferred cost of reinsurance asset
                                8,000,000 5,000,000 5,000,000 
      amortization of deferred sales commission
                                4,000,000 6,000,000 7,000,000 
      other depreciation and amortization
                                -25,000,000 -12,000,000 -20,000,000 
      changes in goodwill
                                   
      distribution from joint ventures and limited partnerships
                                19,000,000 19,000,000 25,000,000 
      deferred policy acquisition costs
                                -352,000,000 -1,000,000 15,000,000 
      fixed maturities, available for sale
                                1,169,000,000 2,019,000,000 4,288,000,000 
      decrease in loans to affiliates
                                884,000,000 346,000,000 
      change in short-term investments
                                -938,000,000 294,000,000 876,000,000 
      transfer (to) from separate accounts
                                -28,000,000 -205,000,000 -102,000,000 
      cash contribution from parent
                                8,000,000 
      redemption of noncontrolling interests of consolidated vies
                                -3,000,000   
      distribution to noncontrolling interests in consolidated subsidiaries
                                -68,000,000 -81,000,000 -135,000,000 
      non-cash transactions during the period
                                   
      capital contribution from parent
                                -8,000,000 630,000,000 
      realized and unrealized gains on trading securities
                                 117,000,000 120,000,000 
      amortization of deferred compensation
                                  12,000,000 
      repurchase of ab holding units
                                  -1,000,000 
      redemptions of non-controlling interests of consolidated vies
                                  373,000,000 
      increase in loans from affiliates
                                  -470,000,000 
      contribution of 0.5% minority interest in axf
                                  65,000,000 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.