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Schedule II - Condensed Financial Information of Registrant - Statement of Cash Flows (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Operating Activities:      
Net Cash Provided by (Used in) Operating Activities $ 5,749 $ 3,816 $ 3,425
Investing Activities:      
Net (purchases) sales of short-term investments (696) 467 165
Purchases of fixed assets (52) (50) (41)
Other (23) 125 (524)
Net cash used for investing activities (5,468) (3,101) (2,138)
Financing Activities:      
Purchases of common shares under share repurchase program 0 (586) (1,234)
Proceeds from common shares issued, net (2) 6 6
Proceeds from issuance of preferred shares, net 0 0 486
Redemption of preferred shares 0 0 (450)
Preferred dividends paid (40) (40) (47)
Net Cash Provided by (Used in) Financing Activities (69) (706) (1,229)
Increase (decrease) in cash and restricted cash 225 (41) 24
Cash and restricted cash, beginning of year 1,273 1,314 1,290
Cash and restricted cash, end of year 1,498 1,273 1,314
Parent      
Operating Activities:      
Net Cash Provided by (Used in) Operating Activities 46 621 1,728
Investing Activities:      
Net (purchases) sales of short-term investments (8) (5) (2)
Capital contributed to subsidiaries 0 0 (487)
Purchases of fixed assets 0 0 (1)
Other 1 (1) 0
Net cash used for investing activities (7) (6) (490)
Financing Activities:      
Purchases of common shares under share repurchase program 0 (586) (1,234)
Proceeds from common shares issued, net (2) 6 6
Proceeds from issuance of preferred shares, net 0 0 486
Redemption of preferred shares 0 0 (450)
Preferred dividends paid (40) (40) (48)
Net Cash Provided by (Used in) Financing Activities (42) (620) (1,240)
Increase (decrease) in cash and restricted cash (3) (5) (2)
Cash and restricted cash, beginning of year 12 17 19
Cash and restricted cash, end of year $ 9 $ 12 $ 17