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CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flows from operating activities:      
Insurance policy income $ 2,348.4 $ 2,285.2 $ 2,300.2
Net investment income 1,414.8 1,328.9 1,154.5
Fee revenue and other income 168.7 205.3 149.2
Insurance policy benefits (1,604.4) (1,611.1) (1,635.8)
Interest expense (259.2) (232.5) (120.9)
Deferrable policy acquisition costs (445.7) (377.9) (336.0)
Other operating costs (939.8) (955.9) (981.9)
Income taxes (55.1) (59.1) (33.9)
Net cash provided by operating activities 627.7 582.9 495.4
Cash flows from investing activities:      
Sales of investments 3,240.2 1,388.6 3,253.6
Maturities and redemptions of investments 2,175.2 1,397.0 1,550.7
Purchases of investments (6,803.0) (3,591.9) (6,482.0)
Net purchases of trading securities (87.5) (29.4) (42.4)
Other (13.5) (36.6) (61.2)
Net cash used by investing activities (1,488.6) (872.3) (1,781.3)
Cash flows from financing activities:      
Issuance of notes payable, net 691.0 0.0 0.0
Issuance of common stock 11.2 13.2 13.5
Payments to repurchase common stock (300.2) (166.1) (190.1)
Common stock dividends paid (67.7) (68.1) (64.8)
Amounts received for deposit products 3,932.2 2,111.7 3,022.6
Withdrawals from deposit products (1,961.5) (1,696.2) (1,461.4)
Proceeds from financing arrangements 0.0 80.3 0.0
Payments on financing arrangements (14.4) (6.2) 0.0
Issuance of investment borrowings:      
Federal Home Loan Bank 612.2 995.5 285.0
Related to variable interest entities 276.0 0.0 0.0
Payments on investment borrowings:      
Federal Home Loan Bank (612.7) (445.8) (361.3)
Related to variable interest entities and other (596.5) (284.8) (44.4)
Net cash provided by financing activities 1,969.6 533.5 1,199.1
Net increase (decrease) in cash and cash equivalents 1,108.7 244.1 (86.8)
Cash and cash equivalents - unrestricted and held by variable interest entities, beginning of year 889.0 644.9 731.7
Cash and cash equivalents - unrestricted and held by variable interest entities, end of year $ 1,997.7 $ 889.0 $ 644.9