| (Dollars in Millions) | Single-Employer Program | Multiemployer Program | Memorandum Total | |||
|---|---|---|---|---|---|---|
| For the Years Ended September 30, | For the Years Ended September 30, | For the Years Ended September 30, | ||||
| 2008 | 2007 | 2008 | 2007 | 2008 | 2007 | |
| OPERATING ACTIVITIES: | ||||||
| Premium receipts | $1,336 | $1,598 | $93 | $81 | $1,429 | $1,679 |
| Interest and dividends received | 2,325 | 1,714 | 47 | 7 | 2,372 | 1,721 |
| Cash recieved from plans upon trusteeship | 155 | 165 | 0 | 0 | 155 | 156 |
| Receipts from sponsors/non-sponsors | 137 | 345 | 0 | 0 | 137 | 345 |
| Receipts from the missing participants program | 7 | 3 | 0 | 0 | 7 | 3 |
| Other receipts | 1 | 3 | 0 | 0 | 1 | 3 |
| Benefits payments - trusteed plans | (4,247) | (4,170) | 0 | 0 | (4,247) | (4,170) |
| Financial assitance payments | (85) | (71) | (85) | (71) | ||
| Settlements and judgments | (1) | (2) | 0 | 0 | (1) | (2) |
| Payments for administrative and other expenses | (372) | (377) | 0 | 0 | (372) | (377) |
| Accrued interest paid on securities purchased | (702) | (306) | (32) | 0 | (734) | (306) |
| Net cash provided (used) by operating activites ( | (1,361) | (1,027) | 23 | 17 | (1,338) | (1,010) |
| INVESTMENT ACTIVITIES: | ||||||
| Proceeds from sales of investment | 216,225 | 123,680 | 3,270 | 1,978 | 219,495 | 399 |
| Payments for purchase of investments | (215,159) | (122,451) | (3,280) | (1,993) | (218,439) | (124,444) |
| Net change in investment of security lending collateral | (1,274) | (1,446) | 0 | 0 | (1,274) | (1,446) |
| Net change in securities lending payable | 1,274 | 1,446 | 0 | 0 | 1,274 | 1,446 |
| Net cash provided (used) by operating activities | 1,066 | 1,229 | (10) | (15) | 1,056 | 1,214 |
| Net increase (decrease) in cash and cash equivalents | (295) | 202 | 13 | 2 | (282) | 204 |
| Cash and cash equivalents, beginning of year | 2,201 | 1,999 | 7 | 5 | 2,208 | 2,004 |
| Cash and cash equivalents, end of year | $1,906 | $2,201 | $20 | $7 | $1,926 | $2,208 |
| The accompanying notes are an integral part of these financial statements | ||||||