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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2022
Cash flows from operating activities:      
Net earnings $ 1,188 $ 1,047  
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities      
Change in receivables and advance premiums (34) (29)  
Capitalization of deferred policy acquisition costs (270) (255)  
Amortization of deferred policy acquisition costs 205 207 $ 792
Increase in policy liabilities (361) 143  
Change in income tax liabilities 154 325  
Net investment (gains) losses (123) (122)  
Other, net (51) (56)  
Net cash provided (used) by operating activities 708 1,260  
Proceeds from investments sold or matured:      
Available-for-sale fixed maturity securities 949 545  
Equity securities 126 102  
Commercial mortgage and other loans 418 638  
Costs of investments acquired:      
Available-for-sale fixed maturity securities (1,090) (707)  
Equity securities (134) (114)  
Commercial mortgage and other loans (315) (1,161)  
Other investments, net (1,074) (138)  
Settlement of derivatives, net (480) (558)  
Cash received (pledged or returned) as collateral, net 1,756 142  
Other, net (51) 41  
Net cash provided (used) by investing activities 105 (1,210)  
Cash flows from financing activities:      
Purchases of treasury stock (700) (500)  
Dividends paid to shareholders (248) (250)  
Change in investment-type contracts, net (28) (21)  
Treasury stock reissued 2 9  
Other, net 41 25  
Net cash provided (used) by financing activities (933) (737)  
Effect of exchange rate changes on cash and cash equivalents (14) (89)  
Net change in cash and cash equivalents (134) (776)  
Cash and cash equivalents, beginning of period 3,943 5,051 5,051
Cash and cash equivalents, end of period 3,809 4,275 $ 3,943
Supplemental disclosures of cash flow information:      
Income taxes paid 0 (77)  
Interest paid 37 37  
Noncash interest 11 19  
Noncash financing activities:      
Lease obligations 18 73  
Associate stock bonus      
Treasury stock issued for:      
Treasury stock issued 4 3  
Shareholder dividend reinvestment      
Treasury stock issued for:      
Treasury stock issued 9 9  
Share-based compensation grants      
Treasury stock issued for:      
Treasury stock issued $ 5 $ 5