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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating Activities      
Net income $ 1,815 $ 2,365 $ 1,737
Adjustments to reconcile net income to net cash provided by operating activities      
Net realized losses (gains) 627 (530) (34)
Additional Cash Flow Elements, Operating Activities      
Amortization of deferred policy acquisition costs 1,835 1,680 1,706
Additions to deferred policy acquisition costs (1,947) (1,751) (1,666)
Depreciation and amortization 625 680 562
Loss on extinguishment of debt (9) 0 0
Loss on sale of business 0 21 48
Other operating activities, net 109 (125) 164
Increase in reinsurance recoverables (473) (582) (540)
Net change in accrued and deferred income taxes (80) 85 459
Increase in insurance liabilities 2,199 2,416 1,426
Increase (Decrease) in Premiums Receivable (562) (190) (72)
Net change in other assets and other liabilities (149) 24 81
Cash provided by operating activities 4,008 4,093 3,871
Proceeds from the sale/maturity/prepayment of:      
Fixed maturities, AFS 14,996 22,457 19,534
Proceeds From Sale and Maturity of Fair Value Option, Fixed Maturity Securties 2 0 11
Proceeds from Sale and Maturity of Marketable Securities 1,213 626 1,485
Mortgage loans 973 1,506 948
Limited partnerships and other alternative investments 349 537 167
Payments for the purchase of:      
Fixed maturities, AFS (14,255) (21,754) (21,112)
Payments for the purchase of Fair Value Option Fixed Maturity Securties (216) (160) 0
Equity securities at fair value (1,371) (1,420) (962)
Mortgage loans (1,596) (2,386) (1,264)
Limited partnerships and other alternative investments (1,095) (1,317) (491)
Net proceeds from (payments for) derivatives 54 (7) 112
Net additions to property and equipment (175) (133) (114)
Net (payments for) short-term investments (160) (417) (368)
Other investing activities, net 4 (9) (12)
Proceeds from businesses sold, net of cash transferred 0 11 0
Net cash used for investing activities (1,277) (2,466) (2,066)
Financing Activities      
Deposits and other additions to investment and universal life-type contracts 88 89 60
Withdrawals and other deductions from investment and universal life-type contracts (102) (75) (102)
Net decrease in securities loaned or sold under agreements to repurchase 0 0 (587)
Repayment of debt (600) 0 (500)
Proceeds from the issuance of debt 0 588 0
Net issuance (return of) shares under incentive and stock compensation plans (19) 25 (21)
Treasury stock acquired (1,550) (1,702) (150)
Payments for Repurchase of Preferred Stock and Preference Stock (21) (21) (21)
Dividends paid on common stock (506) (485) (457)
Net cash used for financing activities (2,710) (1,581) (1,778)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations (14) (6) 8
Net increase in cash and restricted cash, including cash classified within assets held for sale 7 40 35
Less: Net increase (decrease) in cash classified as assets held for sale 0 (58) 58
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total 7 98 (23)
Cash and restricted cash — beginning of period 337 239 262
Cash and restricted cash — end of period 344 337 239
Supplemental Disclosure of Cash Flow Information      
Income tax paid (received) 548 496 (71)
Interest paid $ 212 $ 214 $ 232