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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Insurance policy income $ 1,713.4 $ 1,724.9
Net investment income 979.5 832.2
Fee revenue and other income 167.0 110.4
Insurance policy benefits (1,215.2) (1,243.4)
Interest expense (155.3) (65.8)
Deferrable policy acquisition costs (277.6) (248.5)
Other operating costs (759.7) (754.6)
Income taxes (45.9) (20.7)
Net cash from operating activities 406.2 334.5
Cash flows from investing activities:    
Sales of investments 992.5 2,764.9
Maturities and redemptions of investments 1,026.8 1,265.1
Purchases of investments (2,897.1) (5,521.1)
Net purchases of trading securities (37.2) (37.4)
Other (30.3) (39.4)
Net cash used by investing activities (945.3) (1,567.9)
Cash flows from financing activities:    
Issuance of common stock 11.1 6.6
Payments to repurchase common stock (95.8) (180.2)
Common stock dividends paid (51.4) (48.7)
Proceeds from financing arrangements 78.2 0.0
Amounts received for deposit products 1,537.6 2,457.8
Withdrawals from deposit products (1,265.8) (1,071.0)
Issuance of investment borrowings:    
Federal Home Loan Bank 895.5 210.0
Payments on investment borrowings:    
Federal Home Loan Bank (445.6) (285.9)
Related to variable interest entities (186.8) (33.4)
Net cash provided by financing activities 477.0 1,055.2
Net decrease in cash and cash equivalents (62.1) (178.2)
Cash and cash equivalents - unrestricted and held by variable interest entities, beginning of period 644.9 731.7
Cash and cash equivalents - unrestricted and held by variable interest entities, end of period $ 582.8 $ 553.5