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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating Activities    
Net income $ 1,226 $ 1,636
Adjustments to reconcile net income (loss) to net cash provided by operating activities    
Net realized losses (gains) 649 (317)
Amortization of deferred policy acquisition costs 1,360 1,252
Additions to deferred policy acquisition costs (1,477) (1,330)
Depreciation and amortization 485 515
Gain (Loss) on Extinguishment of Debt 9 0
Gain (Loss) on Disposition of Business 0 (20)
Other operating activities, net 43 (178)
Additional Cash Flow Elements, Operating Activities    
Increase (Decrease) in Reinsurance Recoverable (132) (257)
Net change in accrued and deferred income taxes (184) (114)
Increase in insurance liabilities 1,659 2,104
Net change in other assets and other liabilities (714) (442)
Net cash provided by operating activities 2,924 2,889
Proceeds from the sale/maturity/prepayment of:    
Fixed maturities, available-for-sale 12,418 16,141
Fixed maturities, fair value option 1 0
Equity securities, at fair value 435 517
Mortgage loans 864 1,092
Partnerships 190 451
Payments for the purchase of:    
Fixed maturities, available-for-sale (12,480) (15,898)
Payments for the purchase of Fair Value Option Fixed Maturity Securties (216) (49)
Equity securities, at fair value (580) (1,060)
Mortgage loans (1,419) (1,692)
Partnerships (875) (830)
Payments for (Proceeds from) Derivative Instrument, Investing Activities (94) (3)
Net additions of property and equipment (122) (92)
Net proceeds from (payments for) short-term investments 970 (329)
Other investing activities, net 15 (2)
Net cash used for investing activities (705) (1,748)
Financing Activities    
Deposits and other additions to investment and universal life-type contracts 67 66
Withdrawals and other deductions from investment and universal life-type contracts (87) (57)
Repayments of Short-Term Debt (600) 0
Proceeds from Issuance of Other Long-term Debt 0 588
ProceedsPaymentsIssuanceReturnOfSharesUnderIncentiveAndShareBasedCompensationPlans (34) 23
Treasury stock acquired (1,200) (1,202)
Dividends paid on preferred stock (16) (16)
Dividends paid on common stock (383) (365)
Net cash used for financing activities (2,253) (963)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations (18) (5)
Cash and Cash Equivalents, Including Cash Held-for-sale, Period Increase (Decrease) (52) 173
Cash and Cash Equivalents, Held-for-sale, Period Increase (Decrease) 0 15
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total (52) 158
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 337 239
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 285 397
Supplemental Disclosure of Cash Flow Information    
Income tax paid 454 439
Interest paid $ 172 $ 165