XML 18 R7.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating activities    
Net cash provided by (used in) operating activities $ 2,009.7 $ 2,107.0
Investing activities    
Fixed maturities available-for-sale and equity securities with intent to hold: Purchases (15,369.6) (11,065.1)
Fixed maturities available-for-sale and equity securities with intent to hold: Sales 11,491.8 2,383.5
Fixed maturities available-for-sale and equity securities with intent to hold: Maturities 5,223.5 8,162.3
Mortgage loans acquired or originated (3,183.9) (4,277.1)
Mortgage loans sold or repaid 2,248.3 2,142.3
Real estate acquired (138.9) (187.8)
Real estate sold 288.4 43.5
Net (purchases) sales of property and equipment (86.3) (108.9)
Net change in other investments 16.7 40.0
Net cash provided by (used in) investing activities 490.0 (2,867.3)
Financing activities    
Issuance of common stock 102.0 57.3
Accelerated share repurchase (33.9)  
Acquisition of treasury stock (1,410.7) (585.1)
Payments for financing element derivatives (38.9) (27.6)
Purchase of subsidiary shares from noncontrolling interest (9.2) (24.2)
Dividends to common stockholders (486.1) (485.6)
Principal repayments of long-term debt (301.4) (1.4)
Net proceeds from (repayments of) short-term borrowings (4.9) 0.2
Investment contract deposits 5,921.7 7,341.8
Investment contract withdrawals (5,435.0) (6,566.4)
Net increase (decrease) in banking operation deposits 1,104.7 1,346.9
Other (0.4)  
Net cash provided by (used in) financing activities (592.1) 1,055.9
Net increase (decrease) in cash and cash equivalents 1,907.6 295.6
Cash and cash equivalents at beginning of period 2,332.0 2,849.8
Cash and cash equivalents at end of period 4,239.6 3,145.4
Changes from re-designation of other postretirement employee benefits ("OPEB") plan assets to cover non-retiree benefits:    
Increases in equity securities re-designated from funded status of OPEB plan   548.1
Increases in other investments re-designated from funded status of OPEB plan   117.5
Decrease in tax receivable re-designated from funded status of OPEB plan   (9.1)
Decrease in accumulated other comprehensive income ("AOCI") due to reclassifying excess assets out of funded status of OPEB plan   9.1
Decrease in other assets due to reclassifying excess assets out of funded status of OPEB plan   (665.6)
Assets received in kind from pension risk transfer transaction   $ 109.5
Assets transferred in kind for settlement to reinsurer $ (428.5)