XML 21 R9.htm IDEA: XBRL DOCUMENT v3.26.3
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Dec. 31, 2025
Cash Flows from Operating Activities          
Net Income $ (419.7) $ 39.7 $ 69.2 $ 564.4  
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities          
Change in Receivables     514.0 521.2  
Deferred Policy Acquisition Cost     (152.4) (131.1)  
Change in Insurance Liabilities     144.8 484.5  
Change in Income Taxes     (38.1) 19.0  
Change in Other Accrued Liabilities     7.6 (143.1)  
Non-cash Components of Net Investment Income     (312.4) (299.7)  
Gain (Loss) on Investments (853.0) 128.0 (863.2) (96.5)  
Depreciation     116.5 91.8  
Cash Related to Reinsurance Agreement     0.0 953.5  
Amortization of Deferred Loss on Reinsurance     137.2 67.9  
Amortization of Deferred Gain on Reinsurance     12.7 4.6  
Other, Net     68.9 16.5  
Net Cash Provided by Operating Activities     1,405.8 329.8  
Cash Flows from Investing Activities          
Proceeds from Sale of Debt Securities, Available-for-sale     528.2 673.1  
Proceeds from Maturities of Fixed Maturity Securities     1,873.1 1,506.7  
Proceeds from Sales and Maturities of Other Investments     597.1 375.3  
Payments to Acquire Debt Securities, Available-for-sale     (4,603.9) (1,747.2)  
Purchases of Other Investments     (553.8) (281.9)  
Net Sales and Maturities of Short-term Investments     1,343.2 33.5  
Net Increase (Decrease) in Payables for Collateral on Investments     (335.5) 306.4  
Net Purchases of Property and Equipment     (100.7) (94.5)  
Net Cash Provided (Used) by Investing Activities     (1,252.3) 771.4  
Cash Flows from Financing Activities          
Repayments of Long-term Debt     7.2 0.0  
Issuance of Common Stock     4.6 4.3  
Repurchase of Common Stock     (807.2) (751.8)  
Dividends Paid to Stockholders     (231.8) (228.9)  
Proceeds from Policyholder Account Deposits     2,979.3 93.6  
Payments for Policyholder Account Withdrawals     (1,965.2) (68.8)  
Cash Received Related to Active Life Volatility Cover Agreement     12.4 17.4  
Other, Net     (16.7) (1.9)  
Net Cash Used by Financing Activities     (31.8) (936.1)  
Net Increase (Decrease) in Cash and Bank Deposits     121.7 165.1  
Cash and Bank Deposits at Beginning of Year     158.2 162.8 $ 162.8
Cash and Bank Deposits at End of Period $ 279.9 $ 327.9 $ 279.9 $ 327.9 $ 158.2