Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Cash Flows from Operating Activities
Net income	$ 532	$ 573
Adjustments to reconcile net income to net cash flows provided by operating activities:
Deferred income tax expense	17	28
Trading portfolio activity	(2)	(11)
Net investment losses	23	55
Equity method investees	(29)	(18)
Net amortization of investments	(109)	(96)
Depreciation and amortization	40	35
Changes in:
Receivables, net	(601)	(669)
Accrued investment income	(8)	(7)
Deferred acquisition costs	(43)	(49)
Insurance reserves	1,442	1,414
Other, net	(220)	(55)
Net cash flows provided by operating activities	1,042	1,200
Dispositions:
Fixed maturity securities - sales	1,573	1,497
Fixed maturity securities - maturities, calls and redemptions	1,633	1,613
Equity securities	312	261
Limited partnerships	101	51
Mortgage loans	53	37
Purchases:
Fixed maturity securities	(3,997)	(3,756)
Equity securities	(322)	(296)
Limited partnerships	(174)	(192)
Mortgage loans	(11)	(62)
Change in other investments	(13)	4
Change in short-term investments	621	422
Purchases of property and equipment	(33)	(42)
Other, net	2	(8)
Net cash flows used by investing activities	(255)	(471)
Cash Flows from Financing Activities
Dividends paid to common stockholders	(812)	(798)
Purchase of treasury stock	(36)	(34)
Other, net	(19)	(15)
Net cash flows used by financing activities	(867)	(847)
Effect of foreign exchange rate changes on cash	(6)	19
Net change in cash	(86)	(99)
Cash, beginning of year	425	472
Cash, end of period	$ 339	$ 373