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Condensed Financial Information of Parent Company - Condensed Statement of Cash Flows (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Operating Activities:      
Net earnings attributable to shareholders $ 898 $ 1,995 $ 732
Adjustments:      
Net cash provided by operating activities 1,153 1,714 2,183
Investing Activities:      
Payments to acquire subsidiaries (10) (123) (3)
Net cash used in investing activities (1,051) (436) (1,564)
Financing Activities:      
Additional long-term borrowings 0 0 634
Reductions of long-term debt (477) 0 (150)
Issuances of Common Stock 16 66 22
Repurchases of Common Stock (11) (319) (313)
Cash dividends paid on Common Stock (1,213) (2,374) (334)
Net cash used in financing activities (1,361) (1,957) (123)
Cash and cash equivalents, period increase (decrease) (1,259) (679) 496
Cash and cash equivalents at beginning of year 2,131    
Cash and cash equivalents at end of year 872 2,131  
AFG      
Operating Activities:      
Net earnings attributable to shareholders 898 1,995 732
Adjustments:      
Equity in net earnings of subsidiaries (1,030) (2,144) (780)
Dividends from subsidiaries 539 830 543
Other operating activities, net (80) 152 (12)
Net cash provided by operating activities 327 833 483
Investing Activities:      
Capital contributions to subsidiaries (26) (107) (297)
Returns of capital from subsidiaries 29 3 0
Investments, property and equipment (223) (1,478) (2)
Payments to acquire subsidiaries 0 (120) 0
Proceeds from maturities and redemptions of investments 556 277 2
Sales of investments, property and equipment 656 11 0
Proceeds from sales of businesses 0 3,581 3
Net cash used in investing activities 992 2,167 (294)
Financing Activities:      
Additional long-term borrowings 0 0 634
Reductions of long-term debt (477) 0 (150)
Issuances of Common Stock 18 67 23
Repurchases of Common Stock (11) (319) (313)
Cash dividends paid on Common Stock (1,213) (2,374) (334)
Net cash used in financing activities (1,683) (2,626) (140)
Cash and cash equivalents, period increase (decrease) (364) 374 49
Cash and cash equivalents at beginning of year 589 215 166
Cash and cash equivalents at end of year $ 225 $ 589 $ 215