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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash Flows from Operating Activities:    
Net Cash Provided by (Used in) Operating Activities $ 5,736 $ 1,574
Cash flows from investing activities    
Sales of fixed maturity securities available-for-sale 5,521 1,973
Purchases of fixed maturity securities available-for-sale (9,466) (3,664)
Maturities of fixed maturity securities available-for-sale 465 241
Sales of equity securities 0 1
Proceeds from Sale and Collection of Mortgage Notes Receivable 122 70
Payments to Acquire Real Estate and Real Estate Joint Ventures (101) (119)
Proceeds from Sale of Short-Term Investments 31 75
Payments to Acquire Short-Term Investments (185) (179)
Payments to Acquire Mortgage Notes Receivable (301) (323)
Deposits in (withdrawals from) funds withheld at interest 97 81
Sales of limited partnerships and real estate joint ventures 38 93
Payments for (Proceeds from) Short-Term Investments 49 14
Payments to Acquire Equity Securities, FV-NI 0 (2)
Payments for (Proceeds from) Productive Assets (7) (29)
Payments for (Proceeds from) Other Investing Activities 3 5
Net cash used in investing activities (3,720) (1,705)
Cash flows from financing activities    
Dividends to stockholders (56) (53)
Proceeds from long-term debt issuance, net 0 494
Principal payments of long-term debt 1 1
Change in cash collateral for derivatives and other arrangements (145) 17
Purchases of treasury stock (16) (67)
Change in deposit asset on reinsurance 89 11
Deposits on investment-type policies and contracts 2,546 976
Withdrawals on investment-type policies and contracts (1,412) (880)
Net cash provided by financing activities 1,005 497
Effect of exchange rate changes on cash (56) 1
Cash and Cash Equivalents, Period Increase (Decrease) 2,965 367
Cash and cash equivalents, beginning of period   2,927
Cash and cash equivalents, end of period 5,935 3,294
Cash and cash equivalents 5,935  
Supplemental disclosures of cash flow information    
Interest Paid, Excluding Capitalized Interest, Operating Activities 49 43
Income Taxes Paid, Net 16 29
Transfer to Investments $ 1,621 $ 109