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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Adjustments to reconcile net income to net cash provided by operating activities:    
Net Cash Provided by (Used in) Operating Activities $ 242 $ 2,330
Cash flows from investing activities:    
Sales of fixed maturity securities available-for-sale 6,018 7,235
Maturities of fixed maturity securities available-for-sale 419 545
Sales of equity securities 4 3
Principal payments and sales of mortgage loans 552 417
Principal payments on policy loans 21 12
Purchases of fixed maturity securities available-for-sale 9,278 9,885
Purchases of equity securities (5) (1)
Cash invested in mortgage loans (834) (783)
Cash invested in policy loans 5 8
Cash invested in funds withheld at interest 4 52
Proceeds from sale of businesses, net of cash transferred of $1 and $43 7 19
Purchases of property and equipment (12) (10)
Change in short-term investments (200) 223
Change in other invested assets 106 112
Net cash provided by (used in) investing activities (3,211) (2,173)
Cash flows from financing activities:    
Dividends to stockholders (98) (95)
Repayment of collateral finance and securitization notes (29) (65)
Principal payments of long-term debt (2) (401)
Purchases of treasury stock (27) (2)
Change in cash collateral for derivative positions and other arrangements 143 184
Change in deposit asset on reinsurance (32) 0
Deposits on investment-type policies and contracts 3,424 599
Withdrawals on investment-type policies and contracts (783) (520)
Payments to Noncontrolling Interests (1) 0
Proceeds from Noncontrolling Interests 90 0
Net cash provided by (used in) financing activities 2,685 (300)
Effect of exchange rate changes on cash (108) (11)
Change in cash and cash equivalents (392) (154)
Cash and cash equivalents, beginning of period 2,948 3,408
Cash and cash equivalents, end of period 2,556  
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2,556 3,254
Supplemental disclosures of cash flow information:    
Interest paid 72 85
Income taxes paid (received), net of refunds 119 185
Transfer of invested assets 494 1,557
Non-cash financing activities:    
Assets disposed, net of cash transferred (6) (512)
Liabilities disposed $ 1 $ 504