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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 (loss) $ 4,852.2 $ 1,757.4 $ 1,428.5
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Net realized capital (gains) losses [1] 258.4 (2.5) (302.6)
Net realized capital (gains) losses on funds withheld assets [1] (749.4)    
Change in fair value of funds withheld embedded derivative (3,652.8) (0.0) (0.0)
Depreciation and amortization expense 295.9 275.3 251.9
Amortization of deferred acquisition costs and contract costs 420.0 317.8 412.9
Additions to deferred acquisition costs and contract costs (421.4) (518.7) (499.9)
Amortization of reinsurance (gain) loss 84.5 (18.0) 67.4
Stock-based compensation 91.3 96.1 87.2
(Income) loss from equity method investments, net of dividends received (102.9) (166.3) (10.6)
Changes in:      
Accrued investment income (46.3) 13.8 (24.0)
Net cash flows for trading securities and equity securities with operating intent (339.5) 99.9 144.2
Premiums due and other receivables (3,630.0) 8.3 61.9
Contractholder and policyholder liabilities and dividends 1,426.9 1,415.1 1,532.1
Current and deferred income taxes (benefits) 873.1 160.2 442.5
Real estate acquired through operating activities (164.4) (73.7) (16.4)
Real estate sold through operating activities 7.9 1.8 195.5
Funds withheld, net of reinsurance recoverable and deposit receivable 3,750.3 (105.5) (75.3)
Other assets and liabilities 345.0 8.8 (99.3)
Other (125.9) (15.4) 113.3
Net adjustments (1,679.3) 1,497.0 2,280.8
Net cash provided by (used in) operating activities 3,172.9 3,254.4 3,709.3
Investing activities      
Fixed maturities available-for-sale and equity securities with intent to hold: Purchases (19,352.6) (16,625.5) (15,713.4)
Fixed maturities available-for-sale and equity securities with intent to hold: Sales 14,729.7 2,735.3 3,043.9
Fixed maturities available-for-sale and equity securities with intent to hold: Maturities 6,853.7 10,960.0 8,819.5
Mortgage loans acquired or originated (3,731.2) (5,223.5) (3,249.5)
Mortgage loans sold or repaid 2,614.6 2,853.2 2,477.2
Real estate acquired (245.2) (281.4) (230.6)
Real estate sold 374.0 133.7 2.3
Net (purchases) sales of property and equipment (116.3) (129.9) (108.8)
Sale of interests in subsidiaries   27.0  
Net change in other investments (68.2) (142.6) (37.1)
Net cash provided by (used in) investing activities 1,058.5 (5,693.7) (4,996.5)
Financing activities      
Issuance of common stock 181.7 86.7 42.8
Accelerated stock repurchase settlement (33.9)    
Acquisition of treasury stock (1,661.1) (937.2) (307.0)
Payments for financing element derivatives (50.6) (39.9) (30.9)
Purchase of subsidiary shares from noncontrolling interest (9.2) (24.2) (1.4)
Dividends to common stockholders (642.3) (654.1) (614.5)
Issuance of long-term debt 15.4   608.9
Principal repayments of long-term debt (302.0) (1.8) (65.8)
Net proceeds from (repayments of) short-term borrowings 0.9 10.2 (12.6)
Investment contract deposits 7,346.7 9,359.8 10,284.4
Investment contract withdrawals (7,647.3) (8,801.0) (8,852.7)
Net increase (decrease) in banking operation deposits 1,086.3 2,922.9 569.7
Other   0.1 0.2
Net cash provided by (used in) financing activities (1,715.4) 1,921.5 1,621.1
Net increase (decrease) in cash and cash equivalents 2,516.0 (517.8) 333.9
Cash and cash equivalents at beginning of period 2,332.0 2,849.8 2,515.9
Cash and cash equivalents at end of period 4,848.0 2,332.0 2,849.8
Supplemental information:      
Cash paid for interest 175.8 166.1 162.8
Cash paid for (received from) income taxes 142.1 109.9 (172.0)
Asset changes resulting from deconsolidation of residential whole loan securitizations:      
Decrease in mortgage loans (220.7)    
Increase in fixed maturities, available-for-sale 167.6    
Assets transferred in kind for settlement to reinsurer $ (428.5)    
Changes from re-designation of other postretirement employee benefits ("OPEB") plan assets to cover non-retiree benefits:      
Increases in equity securities re-designated from funded status of OPEB plan   548.1  
Increases in other investments re-designated from funded status of OPEB plan   117.5  
Decrease in tax receivable re-designated from funded status of OPEB plan   (9.1)  
Decrease in accumulated other comprehensive income ("AOCI") due to reclassifying excess assets out of funded status of OPEB plan   9.1  
Decrease in other assets due to reclassifying excess assets out of funded status of OPEB plan   (665.6)  
Assets received in kind from pension risk transfer transactions   $ 109.5 $ 1,325.2
[1] Includes realized and unrealized gains (losses). See Note 4, Investments, for further details.