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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities      
Net income (loss) $ (6,254) $ 3,800 $ 1,921
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]      
Deferred Policy Acquisition Costs and Present Value of Future Insurance Profits, Amortization 509 632 521
Deferred Sales Inducement Cost, Amortization Expense 0 198 66
Net amortization (accretion) of net investment premiums, discounts and other 285 (192) (203)
Net investments (income) loss (506) (1,493) (395)
Net recognized (gains) losses on investments and derivatives 5,949 (3,632) (687)
Deferred Policy Acquisition Cost, Capitalization, Excluding Deferred Policy Acquisition Cost Capitalized at Inception of Reinsurance Agreements (1,127) (698) (633)
Increase (Decrease) in Operating Capital [Abstract]      
Increase (Decrease) in Accrued Investment Income Receivable (370) (63) (130)
Increase (Decrease) in Interest Sensitive Contract Liabilities (1,269) 3,357 3,347
Increase (Decrease) in Insurance Liabilities 5,339 8,743 3,258
Increase (Decrease) in Funds Held under Reinsurance Agreements 5,229 (634) (2,288)
Increase (Decrease) in Other Operating Assets and Liabilities, Net (1,527) 274 100
Net cash provided by operating activities 6,258 10,292 4,154
Sales, maturities and repayments of:      
Proceeds from Sale and Maturity of Debt Securities, Available-for-sale 18,564 28,620 11,384
Proceeds from Sale and Maturity of Debt and Equity Securities, FV-NI, Held-for-investment 217 201 170
Proceeds from sale of equity securities 389 209 820
Proceeds from Sale and Collection of Mortgage Notes Receivable 3,562 2,900 2,162
Proceeds from Investment Funds 1,704 1,823 788
Proceeds from Derivative Instrument, Investing Activities 3,123 5,185 2,505
Proceeds from Sale, Maturity and Collection of Short-term Investments 604 3,125 883
Purchases of:      
Payments to Acquire Debt Securities, Available-for-sale (36,684) (47,181) (23,404)
Payments to Acquire Trading Securities Held-for-investment (915) (489) (341)
Payments to acquire equity securities (441) (931) (1,362)
Payments to Acquire Mortgage Notes Receivable (12,951) (11,131) (4,091)
Payments to Acquire Investment Funds (5,755) (3,807) (1,536)
Payments for Derivative Instrument, Investing Activities (3,008) (3,636) (1,879)
Payments to Acquire Short-term Investments (2,632) (3,045) (617)
Cash Acquired from Acquisition 393 0 0
Deconsolidation of previously consolidated entities (393) 0 0
Payments for (Proceeds from) Other Investing Activities (152) 225 (299)
Net cash provided by (used in) investing activities (34,375) (27,932) (14,817)
Net Cash Provided by (Used in) Financing Activities [Abstract]      
Proceeds from Issuance of Common Stock 0 11 351
Proceeds from Issuance of Long-term Debt 399 997 992
Repayments of Debt 0 0 (75)
Proceeds from Annuities and Investment Certificates 33,920 21,447 18,836
Repayments of Annuities and Investment Certificates (10,209) (7,042) (7,067)
Payments for (Proceeds from) Derivative Instrument, Financing Activities (330) 3,243 546
Proceeds from Issuance of Preferred Stock and Preference Stock 487 0 1,140
Payments to Noncontrolling Interests (63) 0 (46)
Payments of Ordinary Dividends, Preferred Stock and Preference Stock (141) (141) (95)
Payments of Ordinary Dividends, Common Stock 1,313 0 0
Payments for Repurchase of Common Stock 0 8 428
Proceeds from Noncontrolling Interests 1,047 758 240
Proceeds from (Payments for) Other Financing Activities 461 292 95
Net cash provided by financing activities 26,472 19,629 14,489
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents (15) (2) (26)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total (1,660) 1,987 3,800
Cash and cash equivalents at beginning of year [1] 10,429 8,442 4,642
Cash and cash equivalents at end of year [1] 8,769 10,429 8,442
Supplementary information      
Income Taxes Paid, Net 821 192 168
Cash paid for interest 244 125 99
Noncash Investing and Financing Items [Abstract]      
Reinsurance Agreements, Deposits on Investment Policies and Contracts 878 2,103 30,172
Reinsurance Agreements, Withdrawals on Investment Policies and Contracts 9,131 8,098 5,010
Ceding commission on reinsurance agreements settled in investments 0 0 723
Assets contributed to consolidated VIEs   169 0
Reinsurance Settlements [Member]      
Noncash Investing and Financing Items [Abstract]      
Transfer to Investments 36 124 53
Pension Risk Transfer Premiums [Member]      
Noncash Investing and Financing Items [Abstract]      
Transfer to Investments 4,185 4,971 2,364
Reinsurance Recapture      
Noncash Investing and Financing Items [Abstract]      
Transfer from Investments 0 0 4,298
Dividend Declared      
Noncash Investing and Financing Items [Abstract]      
Payments of Distributions to Affiliates 2,145 0 0
Third-party cedants      
Noncash Investing and Financing Items [Abstract]      
Transfer to Investments 612 0 0
Federal Home Loan Bank of Des Moines | Federal Home Loan Bank, Advances, Convertible Option      
Noncash Investing and Financing Items [Abstract]      
Increase (Decrease) in Loans from Federal Home Loan Banks 0 0 400
Apollo Aligned Alternatives, L.P.      
Noncash Investing and Financing Items [Abstract]      
Assets contributed to consolidated VIEs 8,007    
Variable Interest Entities      
Net Cash Provided by (Used in) Financing Activities [Abstract]      
Proceeds from Noncontrolling Interests 2,214 72 0
Related Party      
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract]      
Net investments (income) loss (294) (1,380) (363)
Net recognized (gains) losses on investments and derivatives (224) (180) (27)
Increase (Decrease) in Operating Capital [Abstract]      
Increase (Decrease) in Accrued Investment Income Receivable (51) (16) (13)
Increase (Decrease) in Interest Sensitive Contract Liabilities (23) 398 276
Increase (Decrease) in Insurance Liabilities 157 247 302
Increase (Decrease) in Funds Held under Reinsurance Agreements 1,184 (419) (902)
Sales, maturities and repayments of:      
Proceeds from Sale and Maturity of Debt Securities, Available-for-sale 4,197 2,040 282
Proceeds from Sale and Maturity of Debt and Equity Securities, FV-NI, Held-for-investment 79 76 31
Proceeds from sale of equity securities 6 12 5
Proceeds from Sale and Collection of Mortgage Notes Receivable 46 16 12
Proceeds from Investment Funds 1,543 1,433 691
Proceeds from Derivative Instrument, Investing Activities 184 330 0
Proceeds from Sale, Maturity and Collection of Short-term Investments 0 2,732 28
Purchases of:      
Payments to Acquire Debt Securities, Available-for-sale (4,035) (6,057) (3,127)
Payments to Acquire Trading Securities Held-for-investment (156) (267) (278)
Payments to acquire equity securities (208) (216) (19)
Payments to Acquire Mortgage Notes Receivable (364) (918) (61)
Payments to Acquire Investment Funds (4,738) (3,140) (1,372)
Payments for Derivative Instrument, Investing Activities (266) (75) 0
Payments to Acquire Short-term Investments (33) (2,734) (28)
Net Cash Provided by (Used in) Financing Activities [Abstract]      
Proceeds from Annuities and Investment Certificates 68 82 86
Repayments of Annuities and Investment Certificates (350) (420) (382)
Noncash Investing and Financing Items [Abstract]      
Reinsurance Agreements, Deposits on Investment Policies and Contracts 270 330 344
Reinsurance Agreements, Withdrawals on Investment Policies and Contracts 1,493 1,532 1,435
Transfer from Investments 0 139 0
Related Party | Reinsurance Settlements [Member]      
Noncash Investing and Financing Items [Abstract]      
Transfer to Investments 0 41 0
Related Party | Trading securities | Investment funds      
Noncash Investing and Financing Items [Abstract]      
Transfer to Investments 0 0 516
Related Party | Investment funds      
Noncash Investing and Financing Items [Abstract]      
Transfer to Investments $ 0 $ 0 $ 1,147
[1] 1 Includes cash and cash equivalents, restricted cash and cash and cash equivalents of consolidated variable interest entities.