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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash Flows from Operating Activities:    
Net Cash Provided by (Used in) Operating Activities $ 1,429 $ 5,736
Cash flows from investing activities    
Sales of fixed maturity securities available-for-sale 7,187 5,521
Purchases of fixed maturity securities available-for-sale (8,512) (9,466)
Maturities of fixed maturity securities available-for-sale 217 465
Principal payments on mortgage loans 163 122
Cash invested in mortgage loans (635) (301)
Deposits in (withdrawals from) funds withheld at interest 120 97
Sales of limited partnerships and real estate joint ventures 52 38
Purchases of limited partnerships and real estate joint ventures (239) (101)
Sales of short-term investments 200 31
Purchases of short-term investments (394) (185)
Maturities of short-term investments 110 49
Change in other invested assets (8) (7)
Other, net 28 3
Net cash used in investing activities (1,695) (3,720)
Cash flows from financing activities    
Dividends to shareholders (59) (56)
Proceeds from long-term debt issuance, net 691 0
Principal payments of long-term debt 1 1
Purchase of treasury stock (38) (16)
Change in cash collateral for derivatives and other arrangements (8) (145)
Change in deposit asset on reinsurance 50 89
Deposits on investment-type policies and contracts 2,559 2,546
Withdrawals on investment-type policies and contracts (1,127) (1,412)
Net cash provided by financing activities 2,067 1,005
Effect of exchange rate changes on cash 24 (56)
Cash and Cash Equivalents, Period Increase (Decrease) 1,825 2,965
Cash and cash equivalents, beginning of period   2,970
Cash and cash equivalents, end of period 5,151 5,935
Cash and cash equivalents 5,151  
Supplemental disclosures of cash flow information    
Interest Paid, Excluding Capitalized Interest, Operating Activities 61 49
Income Taxes Paid, Net 63 16
Transfer to Investments $ 4,707 $ 1,621