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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Statement of Cash Flows [Abstract]    
Cash provided from (used for) operating activities $ 350,806 $ 477,330
Investments sold or matured:    
Fixed maturities available for sale—sold 27,853 15,705
Fixed maturities available for sale—matured or other redemptions 59,871 61,560
Mortgage loans 7,896 21
Other long-term investments 573 1,929
Total investments sold or matured 96,193 79,215
Acquisition of investments:    
Fixed maturities—available for sale (682,427) (285,505)
Mortgage loans (58,406) (24,186)
Other long-term investments (80,468) (23,712)
Total investments acquired (821,301) (333,403)
Net (increase) decrease in policy loans (7,621) (7,870)
Net (increase) decrease in short-term investments 23,327 39,744
Additions to property and equipment (9,106) (8,210)
Investments in low-income housing interests (13,428) (17,246)
Cash provided from (used for) investing activities (731,936) (247,770)
Cash provided from (used for) financing activities:    
Issuance of common stock 29,763 37,024
Cash dividends paid to shareholders (21,117) (20,071)
Net borrowing from FHLB 242,000 45,000
Net borrowing (repayment) of commercial paper 5,304 20,070
Acquisition of treasury stock (23,469) (179,276)
Net receipts (payments) from deposit-type products 124,475 (54,487)
Cash provided from (used for) financing activities 356,956 (151,740)
Effect of foreign exchange rate changes on cash 4,565 1,729
Net increase (decrease) in cash (19,609) 79,549
Cash at beginning of year 103,156 92,559
Cash at end of period $ 83,547 $ 172,108