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v3.24.2

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions | 6 Months Ended
--- | ---
Jun. 30, 2024 | Jun. 30, 2023
Operating activities |  |
Net cash provided by (used in) operating activities | $ 2,015.9 | $ 1,797.8
Investing activities |  |
Fixed maturities available-for-sale and equity securities with intent to hold: Purchases | (5,719.3) | (6,403.2)
Fixed maturities available-for-sale and equity securities with intent to hold: Sales | 1,817.1 | 3,233.1
Fixed maturities available-for-sale and equity securities with intent to hold: Maturities | 2,944.1 | 2,601.8
Mortgage loans acquired or originated | (1,032.5) | (946.5)
Mortgage loans sold or repaid | 836.2 | 938.7
Real estate acquired | (70.9) | (95.2)
Real estate sold | 104.0 | 1.3
Net (purchases) sales of property and equipment | (34.7) | (52.3)
Net change in other investments | (475.0) | (360.1)
Net cash provided by (used in) investing activities | (1,631.0) | (1,082.4)
Financing activities |  |
Issuance of common stock | 33.9 | 33.4
Acquisition of treasury stock | (484.5) | (288.9)
Payments for financing element derivatives | (21.2) | (20.4)
Purchase of subsidiary shares from noncontrolling interest | (1.0) | (2.8)
Dividends to common stockholders | (327.6) | (310.4)
Issuance of long-term debt |  | 691.5
Principal repayments of long-term debt |  | (701.2)
Net proceeds from (repayments of) short-term borrowings | (6.7) | (59.2)
Investment contract deposits | 5,565.0 | 4,806.9
Investment contract withdrawals | (5,469.7) | (5,206.1)
Net increase (decrease) in banking operation deposits | 435.5 | (432.4)
Other | 0.3 | 0.1
Net cash provided by (used in) financing activities | (276.0) | (1,489.5)
Net increase (decrease) in cash and cash equivalents | 108.9 | (774.1)
Cash and cash equivalents at beginning of period | 4,707.7 | 4,848.0
Cash and cash equivalents at end of period | 4,816.6 | 4,073.9
Asset changes resulting from deconsolidation of residential whole loan securitizations: |  |
Decrease in mortgage loans |  | (294.5)
Increase in fixed maturities, available-for-sale |  | 227.4
Increase in fixed maturities, trading |  | $ 8.4
Assets received in kind for pension risk transfer transactions | $ 405.0 |

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