CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
Mar. 31, 2026	Mar. 31, 2025
Cash flows from operating activities:
Insurance policy income	$ 613.3	$ 589.8
Net investment income	387.8	360.3
Fee revenue and other income	60.9	62.1
Insurance policy benefits	(414.4)	(407.6)
Interest expense	(32.4)	(34.1)
Deferrable policy acquisition costs and sales inducements	(114.1)	(114.1)
Other operating costs	(336.4)	(322.2)
Income taxes	(15.9)	2.5
Net cash provided by operating activities	148.8	136.7
Cash flows from investing activities:
Sales of investments	3,896.0	462.9
Maturities and redemptions of investments	758.7	642.0
Purchases of investments	(4,834.2)	(1,639.7)
Other, net	(4.6)	(3.4)
Net cash used by investing activities	(184.1)	(538.2)
Cash flows from financing activities:
Issuance of common stock	5.6	6.5
Payments to repurchase common stock	(73.3)	(110.3)
Common stock dividends paid	(17.1)	(16.9)
Payments on financing arrangements	(4.0)	(3.7)
Amounts received for deposit products	560.7	574.2
Withdrawals from deposit products	(515.8)	(899.6)
Issuance of investment borrowings:
Federal Home Loan Bank	450.0	234.5
Payments on investment borrowings:
Federal Home Loan Bank	(200.0)	(234.6)
Related to variable interest entities	0.0	(121.5)
Net cash provided (used) by financing activities	206.1	(571.4)
Net increase (decrease) in cash and cash equivalents	170.8	(972.9)
Cash and cash equivalents - unrestricted and including held by variable interest entities, beginning of period	983.5	1,997.7
Cash and cash equivalents - unrestricted and including held by variable interest entities, end of period	$ 1,154.3	$ 1,024.8

Amounts paid to policyholders during the period pursuant to the terms of the insurance contracts.

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