XML 20 R7.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating activities    
Net cash provided by operating activities $ 977.3 $ 584.2
Investing activities    
Fixed maturities available-for-sale and equity securities with intent to hold: Purchases (4,070.6) (3,000.8)
Fixed maturities available-for-sale and equity securities with intent to hold: Sales 1,532.2 904.5
Fixed maturities available-for-sale and equity securities with intent to hold: Maturities 1,677.4 1,271.0
Mortgage loans acquired or originated (566.9) (603.6)
Mortgage loans sold or repaid 712.8 344.9
Real estate acquired (32.8) (29.9)
Real estate sold 9.5 35.5
Net (purchases) sales of property and equipment (16.4) (16.8)
Net change in other investments (197.9) (248.0)
Net cash provided by (used in) investing activities (952.7) (1,343.2)
Financing activities    
Issuance of common stock 14.0 12.9
Acquisition of treasury stock (240.3) (234.2)
Payments for financing element derivatives (10.7) (10.6)
Purchase of subsidiary shares from noncontrolling interest (1.6)  
Dividends to common stockholders (169.0) (162.4)
Net proceeds from (repayments of) short-term borrowings (6.3) (4.1)
Investment contract deposits 3,213.0 3,198.6
Investment contract withdrawals (3,024.0) (2,711.3)
Net increase (decrease) in banking operation deposits (134.4) 130.7
Other (1.5) 0.1
Net cash provided by (used in) financing activities (360.8) 219.7
Net increase (decrease) in cash and cash equivalents (336.2) (539.3)
Cash and cash equivalents at beginning of period 4,211.9 4,707.7
Cash and cash equivalents at end of period 3,875.7 $ 4,168.4
Pre-capitalized contingent funding agreement exercise:    
Increase in fixed maturities, trading 388.3  
Increase in long-term debt, net of discount (388.3)  
Changes resulting from deconsolidation of an investment:    
Decrease in mortgage loans (140.6)  
Decrease in short-term debt 54.0  
Decrease in long-term debt $ 86.7