CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Cash flows from operating activities
Net income	$ 313	$ 144
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Realized (gains) losses	(161)	224
Amortization of deferred acquisition costs and value of business acquired	233	145
Capitalization of deferred acquisition costs	(400)	(354)
Depreciation and amortization expense	57	57
Deferred income tax	(44)	26
Accrued income tax	(104)	7
Interest credited to universal life and investment products	1,100	1,156
Policy fees assessed on universal life and investment products	(1,364)	(1,338)
Change in reinsurance receivables	(25)	45
Change in accrued investment income and other receivables	(58)	4
Change in policy liabilities and other policyholders’ funds of traditional life and health products	(373)	(748)
Trading securities:
Maturities and principal reductions of investments	122	69
Sale of investments	310	493
Cost of investments acquired	(467)	(720)
Other net change in trading securities	(5)	20
Amortization of premiums and accretion of discounts on investments and commercial mortgage loans	191	235
Change in other liabilities	(102)	481
Other, net	6	89
Net cash (used in) provided by operating activities	(771)	35
Cash flows from investing activities
Maturities and principal reductions of investments, available-for-sale	4,919	3,259
Sale of investments, available-for-sale	2,644	2,610
Cost of investments acquired, available-for-sale	(10,455)	(7,394)
Commercial mortgage loans:
New lendings	(1,454)	(1,054)
Repayments	1,049	484
Change in policy loans, net	50	35
Change in other long-term investments, net	(179)	201
Change in short-term investments, net	(156)	95
Net unsettled security transactions	140	105
Purchase of property, equipment, and intangibles	(27)	(25)
Net cash used in investing activities	(3,469)	(1,684)
Cash flows from financing activities
Change in secured financing liabilities	774
Change in secured financing liabilities		(103)
Deposits to universal life and investment contracts	6,563	5,041
Withdrawals from universal life and investment contracts	(3,296)	(3,053)
Other financing activities, net	(48)	0
Net cash provided by financing activities	3,993	1,885
Change in cash	(247)	236
Cash at beginning of period	656	213
Cash at end of period	$ 409	$ 449