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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Operating Activities:    
Net earnings $ 543 $ 632
Adjustments:    
Depreciation and amortization 64 60
Realized (gains) losses on investing activities (19) (10)
Net sales (purchases) of trading securities 6 (25)
Change in:    
Reinsurance and other receivables (2,272) (2,470)
Other assets 14 (1)
Insurance claims and reserves 1,765 1,988
Payable to reinsurers 386 434
Other liabilities 173 (18)
Managed investment entities’ assets/liabilities 104 (67)
Other operating activities, net (15) (45)
Net cash provided by operating activities 749 478
Purchases of:    
Fixed maturities (1,493) (1,349)
Equity securities (20) (141)
Mortgage loans (279) (141)
Other investments (171) (143)
Real estate, property and equipment (99) (100)
Businesses (7) 0
Proceeds from:    
Maturities and redemptions of fixed maturities 1,636 1,451
Repayments of mortgage loans 94 17
Sales of fixed maturities 78 116
Sales of equity securities 83 158
Sales of other investments 38 25
Sales of real estate, property and equipment 2 25
Cash and cash equivalents of businesses acquired 3 0
Managed investment entities:    
Purchases of investments (1,577) (1,383)
Proceeds from sales and redemptions of investments 1,640 1,587
Other investing activities, net 1 (6)
Net cash provided by (used in) investing activities (71) 116
Financing Activities:    
Additional long-term borrowings 344 0
Issuances of Common Stock 9 13
Repurchases of Common Stock (98) 0
Cash dividends paid on Common Stock (367) (385)
Issuances of managed investment entities’ liabilities 2,454 1,773
Retirements of managed investment entities’ liabilities (2,584) (1,898)
Net cash used in financing activities (242) (497)
Net Change in Cash and Cash Equivalents 436 97
Cash and cash equivalents at beginning of period 1,406 1,225
Cash and cash equivalents at end of period $ 1,842 $ 1,322