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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2025
Dec. 31, 2024
Sep. 30, 2024
Sep. 30, 2025
Sep. 30, 2024
Dec. 31, 2024
Statement of Cash Flows [Abstract]            
Net cash flows provided by (used in) operating activities       $ 220 $ 1  
Fixed-maturity securities, available-for-sale:            
Purchases       (1,226) (968)  
Sales $ 106   $ 87 533 575  
Maturities and paydowns       1,104 577  
Short-term investments with original maturities of over three months:            
Purchases       (3) (1)  
Maturities and paydowns       0 5  
Net sales (purchases) of short-term investments with original maturities of less than three months       (103) 172  
Sales of fixed-maturity securities, trading       8 233  
Maturities and paydowns of fixed-maturity securities, trading       14 5  
Paydowns of financial guaranty variable interest entities’ assets       16 18  
Purchases of and contributions to other invested assets       (95) (103)  
Sales of and return of capital from other invested assets       39 35  
Other       (9) (4)  
Net cash flows provided by (used in) investing activities       278 544  
Cash flows from financing activities:            
Dividends paid       (53) (52)  
Repurchases of common shares       (369) (412)  
Net paydowns of financial guaranty variable interest entities’ liabilities       (13) (157)  
Payments related to tax withholding for share-based compensation       (34) (30)  
Other       2 2  
Distributions to noncontrolling interests from consolidated investment vehicles       0 (10)  
Net cash flows provided by (used in) financing activities       (467) (659)  
Effect of foreign exchange rate changes       5 2  
Increase (decrease) in cash and cash equivalents and restricted cash       36 (112)  
Cash and cash equivalents and restricted cash at beginning of period   $ 174   128 286 $ 286
Cash and cash equivalents and restricted cash at end of period 164 128 174 164 174 128
Supplemental cash flow information            
Income taxes paid (received)       40 59  
Interest paid on long-term debt       63 66  
Supplemental disclosure of non-cash activities:            
Receipt of fixed-maturity securities, available-for-sale       9 0  
Reconciliation of cash and cash equivalents and restricted cash to the condensed consolidated balance sheets:            
Cash 157 121 147 157 147 121
Cash and cash equivalents of consolidated investment vehicles 4   23 4 23  
Restricted cash (included in other assets) 3   4 3 4  
Cash and cash equivalents and restricted cash at end of period $ 164 $ 128 $ 174 $ 164 $ 174 $ 128