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Consolidated Statement of Cash Flows (Unaudited) - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Operating Activities:    
Net earnings $ 191 $ 154
Adjustments:    
Depreciation and amortization 25 22
Realized (gains) losses on investing activities 13 (2)
Net sales of trading securities 12 7
Change in:    
Reinsurance and other receivables 228 349
Other assets (27) 24
Insurance claims and reserves (5) (83)
Payable to reinsurers (130) (163)
Other liabilities (3) (15)
Managed investment entities’ assets/liabilities 162 42
Other operating activities, net 8 7
Net cash provided by operating activities 474 342
Purchases of:    
Fixed maturities (1,027) (529)
Equity securities (38) (11)
Mortgage loans (15) (61)
Other investments (38) (65)
Real estate, property and equipment (17) (25)
Proceeds from:    
Maturities and redemptions of fixed maturities 570 441
Repayments of mortgage loans 0 24
Sales of fixed maturities 48 15
Sales of equity securities 46 5
Sales of other investments 24 12
Sales of real estate, property and equipment 7 0
Managed investment entities:    
Purchases of investments (415) (500)
Proceeds from sales and redemptions of investments 242 718
Other investing activities, net 0 (1)
Net cash provided by (used in) investing activities (613) 23
Financing Activities:    
Issuances of Common Stock 2 3
Repurchases of Common Stock (60) (58)
Cash dividends paid on Common Stock (198) (233)
Issuances of managed investment entities’ liabilities 391 764
Retirements of managed investment entities’ liabilities (370) (971)
Net cash used in financing activities (235) (495)
Net Change in Cash and Cash Equivalents (374) (130)
Cash and cash equivalents at beginning of period 1,727 1,406
Cash and cash equivalents at end of period $ 1,353 $ 1,276