Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	Mar. 31, 2022
Cash Flows from Operating Activities
Net income	$ 297	$ 295	[1],[2]
Adjustments to reconcile net income to net cash flows provided by operating activities:
Deferred income tax expense	21	12	[3]
Trading portfolio activity	(13)	0	[3]
Net investment losses	35	11	[3]
Equity method investees	6	152	[3]
Net amortization of investments	(46)	(26)	[3]
Depreciation and amortization	12	13	[3]
Changes in:
Receivables, net	(24)	(5)	[3]
Accrued investment income	(13)	(22)	[3]
Deferred acquisition costs	(45)	(31)	[3]
Insurance reserves	432	512	[3]
Other, net	(226)	(266)	[3]
Net cash flows provided by operating activities	436	645	[3]
Dispositions:
Fixed maturity securities - sales	1,414	803	[3]
Fixed maturity securities - maturities, calls and redemptions	317	916	[3]
Equity securities	62	77	[3]
Limited partnerships	28	80	[3]
Mortgage loans	39	55	[3]
Purchases:
Fixed maturity securities	(2,258)	(2,547)	[3]
Equity securities	(82)	(75)	[3]
Limited partnerships	(116)	(85)	[3]
Mortgage loans	(12)	(25)	[3]
Change in other investments	(2)	(3)	[3]
Change in short term investments	681	687	[3]
Purchases of property and equipment	(20)	(12)	[3]
Net cash flows provided (used) by investing activities	51	(129)	[3]
Cash Flows from Financing Activities
Dividends paid to common stockholders	(445)	(657)	[3]
Purchase of treasury stock	(24)	(21)	[3]
Other, net	(11)	(10)	[3]
Net cash flows used by financing activities	(480)	(688)	[3]
Effect of foreign exchange rate changes on cash	1	(3)	[3]
Net change in cash	8	(175)	[3]
Cash, beginning of year	475	536	[3]
Cash, end of period	$ 483	$ 361	[3]

[1] As of January 1, 2023, the Company adopted ASU 2018-12, Financial Services-Insurance (Topic 944): Targeted Improvements to the Accounting for Long-Duration Contracts (ASU 2018-12) using the modified retrospective method applied as of the transition date of January 1, 2021. Prior period amounts in the financial statements have been adjusted to reflect application of the new guidance. See Note A to the Condensed Consolidated Financial Statements for additional information.

[2] As of January 1, 2023, the Company adopted ASU 2018-12 using the modified retrospective method applied as of the transition date of January 1, 2021. Prior period amounts in the financial statements have been adjusted to reflect application of the new guidance. See Note A to the Condensed Consolidated Financial Statements for additional information.

[3] As of January 1, 2023, the Company adopted ASU 2018-12 using the modified retrospective method applied as of the transition date of January 1, 2021. Prior period amounts in the financial statements have been adjusted to reflect application of the new guidance. See Note A to the Condensed Consolidated Financial Statements for additional information.