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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Cash flows from operating activities:    
Net earnings $ 376 $ 612
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 396 356
Equity in earnings of unconsolidated affiliates (10) (2)
Gain on sales of investments and other assets and asset impairments, net 35 (81)
Interest credited/index credits to contractholder account balances 608 736
Change in market risk benefits, net 105 9
Deferred policy acquisition costs and deferred sales inducements (645) (682)
Charges assessed to contractholders for mortality and admin (165) (138)
Non-cash lease costs 65 66
Operating lease payments (69) (75)
Distributions from unconsolidated affiliates, return on investment 104 44
Stock-based compensation cost 41 33
Change in NAV of limited partnerships, net (126) (153)
Change in valuation of derivatives, equity securities, preferred securities, and other assets, net 154 (121)
Changes in assets and liabilities, net of effects from acquisitions:    
Change in derivative collateral liabilities 95 221
Change in reinsurance recoverable 2 (16)
Change in future policy benefits 548 818
Change in funds withheld from reinsurers 1,607 1,577
Net increase in trade receivables (16) (16)
Net decrease in reserve for title claim losses (17) (48)
Net change in income taxes (52) 79
Net change in other assets and other liabilities (25) (265)
Net cash provided by operating activities 3,011 2,954
Cash flows from investing activities:    
Proceeds from sales, calls and maturities of investment securities 6,451 4,177
Additions to property and equipment, capitalized software and title plants (75) (76)
Purchases of investment securities (11,471) (7,524)
Net proceeds from sales and maturities of short-term investment securities 1,750 1,269
Acquisitions and dispositions (9) (340)
Additional investments in unconsolidated affiliates (1,087) (669)
Distributions from unconsolidated affiliates, return of investment 180 124
Net other investing activities (7) 18
Net cash used in investing activities (4,268) (3,021)
Cash flows from financing activities:    
Borrowings 10 7
Debt offering 375 550
Debt service payments (300) (250)
Dividends paid (271) (261)
Subsidiary dividends paid to non-controlling interest shareholders (26) (17)
Additional investment in consolidated subsidiary (9) (21)
Net change in secured trust deposits 294 69
Payment of contingent consideration for prior period acquisitions (22) (10)
Contractholder account deposits 5,500 5,896
Contractholder account withdrawals (4,430) (3,767)
Purchases of treasury stock (178) 0
F&G common stock offering 117 0
Other financing activities (10) (6)
Net cash provided by financing activities 1,050 2,190
Net (decrease) increase in cash and cash equivalents (207) 2,123
Cash and cash equivalents at beginning of period 3,479 2,767
Cash and cash equivalents at end of period $ 3,272 $ 4,890