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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash Flows from Operating Activities:    
Net cash provided by operating activities - continuing operations $ 1,133 $ 102
Net cash used in operating activities - discontinued operations 0 (250)
Net cash provided by (used in) operating activities 1,133 (148)
Proceeds from the sale, maturity, disposal or redemption of:    
Fixed maturities 5,165 4,207
Fixed maturities, trading 0 40
Equity securities 0 266
Mortgage loans on real estate 733 561
Limited partnerships/corporations 158 649
Acquisition of:    
Fixed maturities (6,653) (5,451)
Fixed maturities, trading 0 (45)
Equity securities (76) (278)
Mortgage loans on real estate (511) (526)
Limited partnerships/corporations (225) (314)
Derivatives, net 157 44
Short-term investments, net 66 168
Collateral (delivered) received, net 149 51
Sales from consolidated investment entities ("CIEs") 702 774
Purchases within CIEs (1,688) (1,320)
Proceeds from sale of business 0 274
Receipts on deposit asset contracts 91 51
Other investments, net (14) 406
Net cash used in investing activities - discontinued operations 0 476
Net cash (used in) provided by investing activities (1,946) 33
Cash Flows from Financing Activities:    
Deposits received for investment contracts 5,039 4,313
Maturities and withdrawals from investment contracts (4,736) (4,376)
Settlements on deposit liability contracts (5) (5)
Repayment of debt with maturities of more than three months (365) (85)
Borrowings of consolidated investment entities 1,094 893
Repayments of borrowings of CIEs (309) (624)
Contributions from (distributions to) participants in CIEs, net 358 623
Proceeds from issuance of common stock, net 7 4
Share-based compensation (40) (42)
Common stock acquired - Share repurchase (750) (803)
Dividends paid on common stock (32) (32)
Dividends paid on preferred stock (63) (59)
Principal payments for financing leases (18) (17)
Other (5) 0
Net cash provided by (used in) financing activities 175 (210)
Net decrease in cash and cash equivalents, including cash in CIEs (638) (325)
Cash and cash equivalents, including cash in CIEs, beginning of period 1,573 2,143
Cash and cash equivalents, including cash in CIEs, end of period 935 1,818
Total cash and cash equivalents, including cash in CIEs 935 $ 1,818
Excluding consolidated VIEs    
Cash and cash equivalents 840  
VIEs    
Cash and cash equivalents $ 95