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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating Activities      
Net income $ 3,111 $ 2,504 $ 1,819
Adjustments to reconcile net income to net cash provided by operating activities      
Net realized losses 61 188 627
Additional Cash Flow Elements, Operating Activities      
Amortization of deferred policy acquisition costs 2,282 2,044 1,824
Additions to deferred policy acquisition costs (2,408) (2,159) (1,939)
Depreciation and amortization 356 510 625
Loss on extinguishment of debt 0 0 (9)
Other operating activities, net 329 213 109
Increase in reinsurance recoverables (54) (155) (470)
Net change in accrued and deferred income taxes (100) (29) (80)
Increase in insurance liabilities 3,058 1,819 2,192
Increase (Decrease) in Premiums Receivable (458) (708) (562)
Net change in other assets and other liabilities (268) (7) (146)
Cash provided by operating activities 5,909 4,220 4,008
Proceeds from the sale/maturity/prepayment of:      
Fixed maturities, AFS 10,808 6,806 14,996
Proceeds From Sale and Maturity of Fair Value Option, Fixed Maturity Securties 50 2 2
Proceeds from Sale and Maturity of Marketable Securities 401 2,173 1,213
Mortgage loans 740 1,036 973
Limited partnerships and other alternative investments 238 295 349
Payments for the purchase of:      
Fixed maturities, AFS (14,023) (9,105) (14,255)
Payments for the purchase of Fair Value Option Fixed Maturity Securties (52) 0 (216)
Equity securities at fair value (44) (1,183) (1,371)
Mortgage loans (1,025) (1,055) (1,596)
Limited partnerships and other alternative investments (664) (966) (1,095)
Net proceeds from (payments for) derivatives 35 (129) 54
Net additions to property and equipment (145) (215) (175)
Net payments for short-term investments (80) (69) (160)
Other investing activities, net (7) (21) 4
Net cash used for investing activities (3,768) (2,431) (1,277)
Financing Activities      
Deposits and other additions to investment and universal life-type contracts 108 96 88
Withdrawals and other deductions from investment and universal life-type contracts (115) (100) (102)
Repayment of debt 0 0 (600)
Net issuance (return of) shares under incentive and stock compensation plans, including related excise tax benefit 22 6 (19)
Treasury stock acquired, including related excise tax paid (1,514) (1,400) (1,550)
Payments for Repurchase of Preferred Stock and Preference Stock (21) (21) (21)
Dividends paid on common stock (556) (528) (506)
Net cash used for financing activities (2,076) (1,947) (2,710)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations (20) 3 (14)
Net increase (decrease) in cash and restricted cash 45 (155) 7
Cash and restricted cash — beginning of period 189 344 337
Cash and restricted cash — end of period 234 189 344
Supplemental Disclosure of Cash Flow Information      
Income tax paid 812 622 548
Interest paid $ 211 $ 209 $ 212