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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 1,249 $ 700 $ 710
Adjustments to reconcile net income to cash provided by operating activities:      
Provision for policy losses and other claims 589 580 446
Depreciation and amortization 158 149 129
Impairment losses on exit of business 0 55 0
Amortization of premiums and accretion of discounts on debt securities, net 47 39 27
Net investment gains (436) (105) (66)
Share-based compensation 54 52 42
Equity in earnings of affiliates, net (7) (6) (3)
Dividends from equity method investments 12 7 6
Changes in assets and liabilities excluding effects of acquisitions and noncash transactions:      
Claims paid, including assets acquired, net of recoveries (482) (471) (415)
Net change in income tax accounts 53 29 16
Increase in accounts and accrued income receivable (48) (53) (27)
Increase in accounts payable and accrued liabilities 115 130 46
(Decrease) increase in deferred revenue (47) 19 10
Other, net (37) (40) (8)
Cash provided by operating activities 1,220 1,085 913
CASH FLOWS FROM INVESTING ACTIVITIES:      
Net cash effect of acquisitions/dispositions (187) (393) (20)
Net (increase) decrease in deposits with banks (15) 1 (8)
Purchases of debt securities (6,138) (2,749) (2,173)
Proceeds from sales of debt securities 1,071 759 1,134
Proceeds from maturities of debt securities 1,864 1,630 1,007
Purchases of equity securities (198) (194) (269)
Proceeds from sales of equity securities 172 103 199
Net change in other investments (12) (11) (6)
Advances under secured financing agreements (25,926) (17,584) (8,001)
Collections of secured financings receivable 26,109 17,123 7,790
Capital expenditures (161) (114) (107)
Proceeds from sales of property and equipment 18 14 1
Proceeds from insurance settlement 10 0 1
Cash used for investing activities (3,393) (1,415) (452)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Net change in deposits 1,792 (60) (449)
Borrowings under secured financing agreements 24,602 15,442 7,992
Repayments of secured financings payable (24,594) (15,205) (7,790)
Net proceeds from issuance of unsecured senior notes 642 444 0
Borrowings under unsecured credit facility 0 120 160
Repayments of borrowings under unsecured credit facility 0 (280) (160)
Repayments of other notes and contracts payable (6) (6) (6)
Net activity related to noncontrolling interests (4) (3) (1)
Net proceeds (payments) in connection with share-based compensation 6 (1) (1)
Repurchases of Company shares (99) (139) (2)
Payments of cash dividends (213) (199) (188)
Cash provided by (used for) financing activities 2,126 113 (445)
Effect of exchange rate changes on cash 0 6 3
Net (decrease) increase in cash and cash equivalents (47) (211) 19
Cash and cash equivalents—Beginning of year 1,275 1,486 1,467
Cash and cash equivalents—End of year 1,228 1,275 1,486
SUPPLEMENTAL INFORMATION:      
Interest 64 54 46
Premium taxes 86 72 68
Income taxes, less refunds of $3 and $2 in 2020 and 2019, respectively $ 339 $ 193 $ 179