Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	[2]
Cash Flows from Operating Activities
Net income	$ 838	$ 443	[1]
Adjustments to reconcile net income to net cash flows provided by operating activities:
Deferred income tax expense (benefit)	12	(71)
Trading portfolio activity	(1)	(5)
Net investment losses	105	166
Equity method investees	37	235
Net amortization of investments	(140)	(89)
Depreciation and amortization	44	38
Changes in:
Receivables, net	(84)	(390)
Accrued investment income	(39)	(37)
Deferred acquisition costs	(74)	(66)
Insurance reserves	1,184	1,999
Other, net	(117)	(233)
Net cash flows provided by operating activities	1,765	1,990
Dispositions:
Fixed maturity securities - sales	3,284	4,885
Fixed maturity securities - maturities, calls and redemptions	960	2,095
Equity securities	192	230
Limited partnerships	138	124
Mortgage loans	110	101
Purchases:
Fixed maturity securities	(5,459)	(8,768)
Equity securities	(200)	(245)
Limited partnerships	(322)	(265)
Mortgage loans	(75)	(90)
Change in other investments	6	9
Change in short term investments	(99)	903
Purchases of property and equipment	(67)	(41)
Other, net	(5)	(10)
Net cash flows used by investing activities	(1,537)	(1,072)
Cash Flows from Financing Activities
Dividends paid to common stockholders	(673)	(874)
Proceeds from the issuance of debt	491	0
Purchase of treasury stock	(24)	(39)
Other, net	(12)	(11)
Net cash flows used by financing activities	(218)	(924)
Effect of foreign exchange rate changes on cash	0	(27)
Net change in cash	10	(33)
Cash, beginning of year	475	536
Cash, end of period	$ 485	$ 503

[1] As of January 1, 2023, the Company adopted ASU 2018-12, Financial Services-Insurance (Topic 944): Targeted Improvements to the Accounting for Long-Duration Contracts (ASU 2018-12) using the modified retrospective method applied as of the transition date of January 1, 2021. Prior period amounts in the financial statements have been adjusted to reflect application of the new guidance. See Note A to the Condensed Consolidated Financial Statements for additional information.

[2] As of January 1, 2023, the Company adopted ASU 2018-12 using the modified retrospective method applied as of the transition date of January 1, 2021. Prior period amounts in the financial statements have been adjusted to reflect application of the new guidance. See Note A to the Condensed Consolidated Financial Statements for additional information.