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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Statement of Cash Flows [Abstract]    
Net cash provided by operating activities $ 285 $ 367
Proceeds from the sale, maturity, disposal or redemption of:    
Fixed maturities 1,398 1,271
Proceeds from Sale of Loans Held-for-investment 132 144
Limited partnerships/corporations 8 20
Acquisition of:    
Fixed maturities (969) (1,518)
Mortgage loans on real estate (53) (86)
Limited partnerships/corporations (31) (47)
Derivatives, net (4) 7
Proceeds from Other Deposits 68 28
Other, net 38 22
Net cash provided by (used in) investing activities 357 (915)
Cash Flows from Financing Activities:    
Deposits received for investment contracts 540 1,030
Maturities and withdrawals from investment contracts (1,206) (758)
Payments of Distributions to Affiliates 0 (48)
Net Cash Provided by (Used in) Financing Activities (629) 267
Cash and cash equivalents, beginning of period 220 436
Cash and cash equivalents, end of period 233 155
Proceeds from (Payments for) Other Financing Activities 37 43
Net cash provided by operating activities 285 367
Fixed maturities 1,398 1,271
Proceeds from Sale of Loans Held-for-investment 132 144
Limited partnerships/corporations 8 20
Payments to Acquire Debt Securities, Available-for-sale 969 1,518
Payments to Acquire Mortgage Notes Receivable 53 86
Payments to Acquire Limited Partnership Interests 31 47
Payments for (Proceeds from) Short-term Investments 247 (6)
Payments for (Proceeds from) Derivative Instrument, Investing Activities (4) 7
Increase (Decrease) in Notes Receivable, Related Parties (409) (692)
Proceeds from Other Deposits 68 28
Other, net 38 22
Net cash provided by (used in) investing activities 357 (915)
Deposits received for investment contracts 540 1,030
Withdrawal from Contract Holders Funds 1,206 758
Payments of Distributions to Affiliates 0 48
Net Cash Provided by (Used in) Financing Activities (629) 267
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 13 (281)
Cash and cash equivalents $ 233 $ 155