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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Statement of Cash Flows [Abstract]    
Net cash provided by operating activities $ 604 $ 661
Proceeds from the sale, maturity, disposal or redemption of:    
Fixed maturities 2,986 2,215
Proceeds from Sale of Loans Held-for-investment 264 353
Limited partnerships/corporations 19 48
Acquisition of:    
Fixed maturities (2,134) (3,125)
Mortgage loans on real estate (199) (292)
Limited partnerships/corporations (52) (96)
Derivatives, net (26) (100)
Proceeds from Other Deposits 134 57
Other, net (25) 16
Net cash provided by (used in) investing activities 1,257 (626)
Cash Flows from Financing Activities:    
Deposits received for investment contracts 906 2,851
Maturities and withdrawals from investment contracts (2,255) (2,244)
Payments of Distributions to Affiliates (310) (857)
Net Cash Provided by (Used in) Financing Activities (1,637) (189)
Cash and cash equivalents, beginning of period 220 436
Cash and cash equivalents, end of period 444 282
Proceeds from (Payments for) Other Financing Activities 22 61
Net cash provided by operating activities 604 661
Fixed maturities 2,986 2,215
Proceeds from Sale of Loans Held-for-investment 264 353
Limited partnerships/corporations 19 48
Payments to Acquire Debt Securities, Available-for-sale 2,134 3,125
Payments to Acquire Mortgage Notes Receivable 199 292
Payments to Acquire Limited Partnership Interests 52 96
Payments for (Proceeds from) Short-term Investments 246 0
Payments for (Proceeds from) Derivative Instrument, Investing Activities (26) (100)
Increase (Decrease) in Notes Receivable, Related Parties (58) 130
Proceeds from Other Deposits 134 57
Other, net (25) 16
Net cash provided by (used in) investing activities 1,257 (626)
Deposits received for investment contracts 906 2,851
Withdrawal from Contract Holders Funds 2,255 2,244
Payments of Distributions to Affiliates 310 857
Net Cash Provided by (Used in) Financing Activities (1,637) (189)
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 224 (154)
Cash and cash equivalents $ 444 $ 282