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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Insurance policy income $ 1,164.4 $ 1,150.4
Net investment income 679.0 648.3
Fee revenue and other income 89.0 105.3
Insurance policy benefits (821.0) (821.4)
Interest expense (122.2) (108.1)
Deferrable policy acquisition costs (214.4) (186.4)
Other operating costs (523.8) (537.0)
Income taxes (45.5) (27.7)
Net cash from operating activities 205.5 223.4
Cash flows from investing activities:    
Sales of investments 1,339.2 747.3
Maturities and redemptions of investments 967.0 660.3
Purchases of investments (3,476.0) (1,906.1)
Net sales (purchases) of trading securities 6.0 (30.8)
Other (5.7) (22.6)
Net cash used by investing activities (1,169.5) (551.9)
Cash flows from financing activities:    
Issuance of notes payable, net 691.0 0.0
Issuance of common stock 3.8 8.6
Payments to repurchase common stock (118.6) (55.6)
Common stock dividends paid (34.5) (34.5)
Proceeds from financing arrangements 0.0 43.0
Payments on financing arrangements (7.1) 0.0
Amounts received for deposit products 1,856.1 1,035.7
Withdrawals from deposit products (1,007.5) (847.6)
Issuance of investment borrowings:    
Federal Home Loan Bank 237.0 645.5
Payments on investment borrowings:    
Federal Home Loan Bank (237.2) (445.5)
Related to variable interest entities (315.9) (104.1)
Net cash provided by financing activities 1,067.1 245.5
Net increase (decrease) in cash and cash equivalents 103.1 (83.0)
Cash and cash equivalents - unrestricted and held by variable interest entities, beginning of period 889.0 644.9
Cash and cash equivalents - unrestricted and held by variable interest entities, end of period $ 992.1 $ 561.9