XML 17 R6.htm IDEA: XBRL DOCUMENT v3.22.2
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Statement of Cash Flows [Abstract]    
Net cash provided by (used in) operating activities $ 282 $ 438
Cash flows from investing activities    
Sales, maturities and repayments of fixed maturity securities 6,221 5,110
Sales, maturities and repayments of equity securities 41 101
Sales, maturities and repayments of mortgage loans 1,379 1,379
Sales, maturities and repayments of limited partnerships and limited liability companies 134 117
Purchases of fixed maturity securities (10,603) (9,805)
Purchases of equity securities (14) (6)
Purchases of mortgage loans (3,098) (2,247)
Purchases of limited partnerships and limited liability companies (432) (379)
Cash received in connection with freestanding derivatives 2,723 2,138
Cash paid in connection with freestanding derivatives (2,220) (2,894)
Issuances of loans to affiliate (125) (1)
Net change in policy loans (17) 28
Net change in short-term investments 555 1,679
Net change in other invested assets (58) (19)
Net cash provided by (used in) investing activities (5,514) (4,799)
Cash flows from financing activities    
Policyholder account balances: Deposits 13,857 6,608
Policyholder account balances: Withdrawals (8,458) (1,261)
Net change in payables for collateral under securities loaned and other transactions 403 (105)
Short-term debt issued 125 0
Long-term debt repaid (1) (1)
Dividends paid to parent 0 (250)
Financing element on certain derivative instruments and other derivative related transactions, net (112) (118)
Other, net (1) (1)
Net cash provided by (used in) financing activities 5,813 4,872
Change in cash, cash equivalents and restricted cash 581 511
Cash, cash equivalents and restricted cash, beginning of period 3,904 3,684
Cash, cash equivalents and restricted cash, end of period 4,485 4,195
Supplemental disclosures of cash flow information    
Net cash paid (received) for interest 34 34
Net cash paid (received) for income tax $ 93 $ (21)