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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash flows from operating activities:      
Net earnings $ 2,442 $ 1,452 $ 1,076
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 645 296 178
Equity in earnings of unconsolidated affiliates (64) (15) (15)
(Gain) loss on sales of investments and other assets and asset impairments, net (588) 80 10
Gain on Pacific Union Sale 14 9 0
Interest credited/index credits to contractholder account balances 805 750 0
Deferred policy acquisition costs and deferred sales inducements (675) (266) 0
Charges assessed to contractholders for mortality and administration (180) (100) 0
Non-cash lease costs 139 150 147
Operating lease payments (150) (152) (149)
Distributions from unconsolidated affiliates, return on investment 106 0 5
Stock-based compensation cost 43 39 38
Change in NAV of limited partnerships, net (589) 0 0
Change in valuation of derivatives, equity and preferred securities, net 253 (568) (328)
Changes in assets and liabilities, net of effects from acquisitions:      
Change in reinsurance recoverable 4 40 0
Change in future policy benefits 634 (92) 0
Change in funds withheld from reinsurers 850 (15) 0
Net increase in trade receivables (120) (83) (36)
Net increase in reserve for title claim losses 260 114 21
Net change in income taxes (18) 24 53
Net change in other assets and other liabilities 279 (85) 121
Net cash provided by (used in) operating activities 4,090 1,578 1,121
Cash Flows From Investing Activities:      
Proceeds from calls and maturities of investment securities 9,796 3,592 831
Proceeds from sales of property and equipment 0 9 4
Fundings of Cannae Holdings Inc. note receivable 0 0 (200)
Proceeds from repayments of Cannae Holdings Inc. note receivable 0 0 200
Additions to property and equipment and capitalized software (131) (110) (96)
Purchases of investment securities (16,014) (4,959) (867)
Net proceeds from (purchases of) sales and maturities of short-term investment securities 266 145 (395)
F&G acquisition 0 (1,076) 0
Other acquisitions/disposals of businesses, net of cash acquired/disposed (100) 158 (1)
Additional investments in unconsolidated affiliates (1,746) (327) (34)
Distributions from unconsolidated affiliates, return of investment 491 241 46
Net other investing activities (11) (4) (8)
Net cash provided by (used in) investing activities (7,449) (2,331) (520)
Cash Flows From Financing Activities:      
Draw on revolving credit facility 0 1,000 0
Debt offering 449 1,246 0
Debt costs/equity issuance additions (6) (22) 0
Debt service payments 0 (1,000) 0
Dividends paid (446) (389) (344)
Subsidiary dividends paid to non-controlling interest shareholders (19) (14) (11)
Exercise of stock options 48 62 39
Net change in secured trust deposits 224 (80) (31)
Purchase of additional share in consolidated subsidiaries 0 (90) (3)
Payment of contingent consideration for prior period acquisitions (5) (13) (21)
Payment for shares withheld for taxes and in treasury (17) (8) (15)
Contractholder account deposits 8,166 2,967 0
Contractholder account withdrawals (2,931) (1,327) 0
Purchases of treasury stock (463) (236) (86)
Other financing activity 0 0 (10)
Net cash provided by (used in) financing activities 5,000 2,096 (482)
Net increase in cash and cash equivalents 1,641 1,343 119
Cash and cash equivalents at beginning of period 2,719 1,376 1,257
Cash and cash equivalents at end of period $ 4,360 $ 2,719 $ 1,376