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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2023
Jun. 30, 2022
Dec. 31, 2022
Cash flows from operating activities:              
Net earnings $ 1,634 $ 1,188 $ 1,394 $ 1,047 $ 2,822 $ 2,441  
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities              
Change in receivables and advance premiums         (35) (27)  
Capitalization of deferred policy acquisition costs         (525) (509)  
Amortization of deferred policy acquisition costs 202   197   407 405 $ 792
Increase in policy liabilities         (37) 509  
Change in income tax liabilities         (420) 57  
Net investment (gains) losses (555)   (564)   (678) (686)  
Other, net         (447) (420)  
Net cash provided (used) by operating activities         1,087 1,770  
Proceeds from investments sold or matured:              
Available-for-sale fixed maturity securities         1,548 2,164  
Equity securities         244 398  
Held-to-maturity fixed maturity securities         2 2  
Commercial mortgage and other loans         728 1,270  
Costs of investments acquired:              
Available-for-sale fixed maturity securities         (1,817) (2,395)  
Equity securities         (191) (320)  
Commercial mortgage and other loans         (588) (2,537)  
Other investments, net         (1,247) (180)  
Settlement of derivatives, net         (289) (330)  
Cash received (pledged or returned) as collateral, net         3,427 1,839  
Other, net         (84) 172  
Net cash provided (used) by investing activities         1,733 83  
Cash flows from financing activities:              
Purchases of treasury stock         (1,400) (1,150)  
Dividends paid to shareholders         (491) (498)  
Change in investment-type contracts, net         (64) (41)  
Treasury stock reissued         5 10  
Other, net         6 35  
Net cash provided (used) by financing activities         (1,944) (1,644)  
Effect of exchange rate changes on cash and cash equivalents         (99) (87)  
Net change in cash and cash equivalents         777 122  
Cash and cash equivalents, beginning of period   $ 3,943   $ 5,051 3,943 5,051 5,051
Cash and cash equivalents, end of period $ 4,720   $ 5,173   4,720 5,173 $ 3,943
Supplemental disclosures of cash flow information:              
Income taxes paid         765 505  
Interest paid         94 104  
Noncash interest         6 8  
Noncash financing activities:              
Lease obligations         43 66  
Associate stock bonus              
Treasury stock issued for:              
Treasury stock issued         9 8  
Shareholder dividend reinvestment              
Treasury stock issued for:              
Treasury stock issued         19 19  
Share-based compensation grants              
Treasury stock issued for:              
Treasury stock issued         $ 5 $ 6