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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash Flows from Operating Activities:    
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation $ 3,239 $ 7,770
Cash flows from investing activities    
Sales of fixed maturity securities available-for-sale 20,807 21,499
Purchases of fixed maturity securities available-for-sale (27,838) (30,256)
Maturities of fixed maturity securities available-for-sale 929 1,030
Sales of equity securities 59 7
Purchases of equity securities (1) (18)
Principal payments on mortgage loans 611 386
Cash invested in mortgage loans (2,246) (1,118)
Deposits in funds withheld at interest 305 257
Sales of limited partnerships and real estate joint ventures 336 181
Purchases of limited partnerships and real estate joint ventures (841) (435)
Sales of short-term investments 859 596
Purchases of short-term investments (1,204) (691)
Maturities of short-term investments 503 191
Change in other invested assets (219) (37)
Purchase of note receivable (1,012) 0
Proceeds from Sale and Collection of Notes Receivable 3 0
Other, net 125 25
Net cash used in investing activities (8,824) (8,383)
Cash flows from financing activities    
Dividends to shareholders (179) (171)
Proceeds from long-term debt issuance, net 691 640
Principal payments of long-term debt 3 3
Purchase of treasury stock (113) (26)
Proceeds from Issuance or Sale of Equity 4 0
Change in cash collateral for derivatives and other arrangements 1,222 375
Change in deposit asset on reinsurance 144 221
Deposits on investment-type policies and contracts 8,367 5,720
Withdrawals on investment-type policies and contracts (3,320) (3,892)
Net cash provided by financing activities 6,813 2,864
Effect of exchange rate changes on cash 71 (26)
Cash and Cash Equivalents, Period Increase (Decrease) 1,299 2,225
Cash and cash equivalents, beginning of period   2,970
Cash and cash equivalents 4,625  
Cash and cash equivalents, end of period 4,625 5,195
Supplemental disclosures of cash flow information    
Interest Paid, Excluding Capitalized Interest, Operating Activity 200 159
Income Taxes Paid, Net 184 50
Transfer to Investments 15,981 9,052
Operating Lease, Right-of-Use Asset, Periodic Reduction 10 0
Other Significant Noncash Transaction, Value of Consideration Received $ 424 $ 418