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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating Activities    
Net income $ 2,705 $ 2,258
Adjustments to reconcile net income (loss) to net cash provided by operating activities    
Net realized losses 71 44
Amortization of deferred policy acquisition costs 1,871 1,691
Additions to deferred policy acquisition costs (2,011) (1,848)
Depreciation and amortization 261 272
Other operating activities, net 151 237
Additional Cash Flow Elements, Operating Activities    
Increase (Decrease) in Reinsurance Recoverable 45 36
Net change in accrued and deferred income taxes (24) (179)
Increase in insurance liabilities 2,159 2,528
Increase (Decrease) in Premiums Receivable (634) (594)
Net change in other assets and other liabilities (480) (410)
Net cash provided by operating activities 4,114 4,035
Proceeds from the sale/maturity/prepayment of:    
Fixed maturities, AFS 7,617 7,985
Fixed maturities, at fair value using the fair value option 109 50
Equity securities, at fair value 184 308
Mortgage loans 1,055 444
Limited partnership and other alternative investments 167 136
Payments for the purchase of:    
Fixed maturities, AFS (9,276) (9,962)
Payments for the purchase of Fair Value Option Fixed Maturity Securties (16) 0
Equity securities, at fair value (92) (11)
Mortgage loans (1,268) (758)
Limited partnership and other alternative investments (698) (475)
Payments for (Proceeds from) Derivative Instrument, Investing Activities 11 (48)
Net additions of property and equipment (123) (171)
Net proceeds from (payments for) short-term investments (45) 20
Other investing activities, net (62) (26)
Net cash used for investing activities (2,459) (2,412)
Financing Activities    
Deposits and other additions to investment and universal life-type contracts 93 86
Withdrawals and other deductions from investment and universal life-type contracts (89) (96)
ProceedsPaymentsIssuanceReturnOfSharesUnderIncentiveAndShareBasedCompensationPlans (22) 16
Treasury stock acquired, including related excise tax paid (1,215) (1,100)
Dividends paid on preferred stock (16) (16)
Dividends paid on common stock (446) (419)
Net cash used for financing activities (1,695) (1,529)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations 12 (2)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total (28) 92
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 234 189
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 206 281
Supplemental Disclosure of Cash Flow Information    
Income tax paid 627 663
Interest paid $ 164 $ 168