XML 26 R9.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Statement of Cash Flows [Abstract]    
Cash provided from (used for) operating activities $ 804,141 $ 693,390
Investments sold or matured:    
Fixed maturities available for sale—sold 145,824 219,027
Fixed maturities available for sale—matured or other redemptions 138,259 305,656
Other long-term investments 59,593 48,334
Total investments sold or matured 343,676 573,017
Acquisition of investments:    
Fixed maturities—available for sale (623,023) (717,994)
Other long-term investments (91,186) (157,913)
Total investments acquired (714,209) (875,907)
Net (increase) decrease in policy loans (18,692) (7,553)
Net (increase) decrease in short-term investments 42,993 (46,679)
Additions to property and equipment (25,629) (13,627)
Investments in low-income housing interests (38,276) (37,181)
Cash provided from (used for) investing activities (410,137) (407,930)
Cash provided from (used for) financing activities:    
Issuance of common stock 42,181 34,734
Cash dividends paid to shareholders (41,569) (40,208)
Repayment of debt (165,612) 0
Proceeds from issuance of debt 170,000 250,492
Payment for debt issuance costs (693) (5,272)
Net borrowing (repayment) of commercial paper (25,371) (150,047)
Acquisition of treasury stock (269,031) (263,421)
Net receipts (payments) from deposit-type products (116,437) (33,782)
Cash provided from (used for) financing activities (406,532) (207,504)
Effect of foreign exchange rate changes on cash (5,020) 2,138
Net increase (decrease) in cash (17,548) 80,094
Cash at beginning of year 92,559 92,163
Cash at end of period $ 75,011 $ 172,257