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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating activities    
Net cash provided by operating activities $ 2,793.0 $ 3,143.9
Investing activities    
Fixed maturities available-for-sale and equity securities with intent to hold: Purchases (10,083.6) (8,844.4)
Fixed maturities available-for-sale and equity securities with intent to hold: Sales 4,128.5 2,825.8
Fixed maturities available-for-sale and equity securities with intent to hold: Maturities 5,784.8 4,968.4
Mortgage loans acquired or originated (2,671.8) (1,496.7)
Mortgage loans sold or repaid 2,384.6 1,504.5
Real estate acquired (88.3) (111.2)
Real estate sold 152.4 117.3
Net (purchases) sales of property and equipment (63.6) (51.9)
Purchase of business or interests in subsidiaries, net of cash acquired   (27.6)
Net change in other investments (577.6) (512.8)
Net cash provided by (used in) investing activities (1,034.6) (1,628.6)
Financing activities    
Issuance of common stock 33.6 43.1
Acquisition of treasury stock (627.3) (736.3)
Payments for financing element derivatives (31.5) (32.2)
Purchase of subsidiary shares from noncontrolling interest (4.3) (1.0)
Dividends to common stockholders (511.6) (492.7)
Principal repayments of long-term debt (400.1) (0.1)
Net proceeds from (repayments of) short-term borrowings (22.1) (21.3)
Investment contract deposits 8,819.1 9,135.8
Investment contract withdrawals (8,207.9) (8,354.0)
Net increase (decrease) in banking operation deposits 120.0 410.0
Other (1.1) 0.2
Net cash provided by (used in) financing activities (833.2) (48.5)
Net increase (decrease) in cash and cash equivalents 925.2 1,466.8
Cash and cash equivalents at beginning of period 4,211.9 4,707.7
Cash and cash equivalents at end of period 5,137.1 6,174.5
Supplemental disclosure of non-cash activities:    
Assets received in kind for pension risk transfer transactions 152.7 $ 405.0
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