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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Statement of Cash Flows [Abstract]    
Net cash provided by operating activities $ 367 $ 30
Proceeds from the sale, maturity, disposal or redemption of:    
Fixed maturities 1,271 1,364
Equity securities 0 46
Proceeds from Sale of Loans Held-for-investment 144 114
Limited partnerships/corporations 20 61
Acquisition of:    
Fixed maturities (1,518) (1,601)
Mortgage loans on real estate (86) (160)
Limited partnerships/corporations (47) (30)
Derivatives, net (7) (53)
Policy loans, net 5 4
Short-term loan to affiliate, net (692) 483
Collateral received (delivered), net (23) 31
Proceeds from Other Deposits 28 0
Other, net (4) (85)
Net cash (used in) provided by investing activities (915) 13
Cash Flows from Financing Activities:    
Deposits received for investment contracts 1,030 1,036
Maturities and withdrawals from investment contracts (758) (1,140)
Proceeds from loans with affiliates, net 43 16
Payments of Distributions to Affiliates (48) (78)
Proceeds from Contributions from Parent 0 20
Net cash provided by (used in) financing activities 267 (146)
Net increase (decrease) in cash and cash equivalents (281) (103)
Cash and cash equivalents, beginning of period 436 360
Cash and cash equivalents, end of period 155 257
Proceeds from Contributions from Parent 0 20
Payments for (Proceeds from) Short-term Investments (6) 0
Other Significant Noncash Transaction, Value of Consideration Given   303
Proceeds from Sale of Equity Securities, FV-NI $ 0 $ (161)