Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Cash Flows from Operating Activities
Net income	$ 580	$ 485	[1]
Adjustments to reconcile net income to net cash flows provided by operating activities:
Deferred income tax expense	21	(18)	[1]
Trading portfolio activity	1	7	[1]
Net investment losses	67	70	[1]
Equity method investees	(29)	184	[1]
Net amortization of investments	(87)	(56)	[1]
Depreciation and amortization	28	25	[1]
Changes in:
Receivables, net	(497)	(614)	[1]
Accrued investment income	(21)	(6)	[1]
Deferred acquisition costs	(74)	(63)	[1]
Insurance reserves	1,165	1,417	[1]
Other, net	(217)	(178)	[1]
Net cash flows provided by operating activities	937	1,253	[1]
Dispositions:
Fixed maturity securities - sales	2,285	3,293	[1]
Fixed maturity securities - maturities, calls and redemptions	613	1,715	[1]
Equity securities	121	193	[1]
Limited partnerships	79	101	[1]
Mortgage loans	78	76	[1]
Purchases:
Fixed maturity securities	(3,506)	(6,251)	[1]
Equity securities	(126)	(195)	[1]
Limited partnerships	(245)	(168)	[1]
Mortgage loans	(53)	(53)	[1]
Change in other investments	6	15	[1]
Change in short term investments	(62)	868	[1]
Purchases of property and equipment	(43)	(25)	[1]
Other, net	(5)	0
Net cash flows used by investing activities	(858)	(431)	[1]
Cash Flows from Financing Activities
Dividends paid to common stockholders	(559)	(765)	[1]
Proceeds from the issuance of debt	395	0
Purchase of treasury stock	(24)	(21)	[1]
Other, net	(12)	0	[1]
Net cash flows used by financing activities	(200)	(786)	[1]
Effect of foreign exchange rate changes on cash	4	(12)	[1]
Net change in cash	(117)	24	[1]
Cash, beginning of year	475	536	[1]
Cash, end of period	$ 358	$ 560	[1]

[1] 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.