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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2025
Sep. 30, 2024
Cash Flows from Operating Activities:    
Net cash provided by (used in) operating activities $ 731 $ 1,266
Proceeds from the sale, maturity, disposal or redemption of:    
Fixed maturities 6,554 4,021
Equity securities 128 36
Mortgage loans on real estate 665 578
Limited partnerships/corporations 189 210
Acquisition of:    
Fixed maturities (6,653) (3,306)
Equity securities (76) (59)
Mortgage loans on real estate (600) (242)
Limited partnerships/corporations (279) (290)
Short-term investments, net (23) 111
Derivatives, net (31) 116
Sales from CIEs 918 1,168
Purchases within CIEs (2,132) (1,925)
Collateral received (delivered), net 85 (2)
Receipts on deposit asset contracts 94 176
Cash and cash equivalents acquired from business acquisitions, net of cash paid 224 0
Other, net (60) (88)
Net cash provided by (used in) investing activities (997) 504
Cash Flows from Financing Activities:    
Deposits received for investment contracts 2,829 2,231
Maturities and withdrawals from investment contracts (3,950) (4,301)
Proceeds from issuance of long-term debt, net 0 397
Repayments of long-term debt, including current maturities (400) 0
Borrowings of CIEs 1,445 763
Repayments of borrowings of CIEs (1,599) (693)
Contributions from (distributions to) participants in CIEs, net 2,085 1,026
Proceeds from issuance of common stock, net 5 6
Common stock acquired - Share repurchase (100) (520)
Dividends paid on preferred stock (37) (37)
Dividends paid on common stock (including dividend equivalent payments of $3 as of 2025 and 2024) (133) (128)
Other, net (117) (87)
Net cash provided by (used in) financing activities 28 (1,343)
Net increase (decrease) in cash and cash equivalents, including cash in CIEs (238) 427
Cash and cash equivalents, including cash in CIEs, beginning of period 1,514 1,118
Cash and cash equivalents, including cash in CIEs, end of period 1,276 $ 1,545
Total cash and cash equivalents, including cash in CIEs 1,276  
Excluding consolidated VIEs    
Cash and cash equivalents 1,157  
VIEs    
Cash and cash equivalents $ 119