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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2024
Mar. 31, 2024
Jun. 30, 2023
Mar. 31, 2023
Jun. 30, 2024
Jun. 30, 2023
Dec. 31, 2023
Cash flows from operating activities:              
Net earnings $ 1,755 $ 1,879 $ 1,634 $ 1,188 $ 3,634 $ 2,822  
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities              
Change in receivables and advance premiums         19 (35)  
Capitalization of deferred policy acquisition costs         (508) (525)  
Amortization of deferred policy acquisition costs 208   202   424 407 $ 816
Increase in policy liabilities         (43) (37)  
Change in income tax liabilities         (221) (420)  
Net investment (gains) losses (696)   (555)   (1,647) (678)  
Other, net         (554) (202)  
Net cash provided (used) by operating activities         1,104 1,332   Close
Proceeds from investments sold or matured:              
Available-for-sale fixed maturity securities         3,598 1,548  
Equity securities         550 244  
Held-to-maturity fixed maturity securities         1 2  
Commercial mortgage and other loans         952 728  
Costs of investments acquired:              
Available-for-sale fixed maturity securities         (3,357) (1,817)  
Equity securities         (179) (191)  
Commercial mortgage and other loans         (512) (588)  
Other investments, net         (2,284) (1,492)  
Settlement of derivatives, net         (106) (289)  
Cash received (pledged or returned) as collateral, net         3,375 3,427  
Other, net         256 (84)  
Net cash provided (used) by investing activities         2,294 1,488   Close
Cash flows from financing activities:              
Purchases of treasury stock         (1,550) (1,400)  
Proceeds from borrowings         823 0  
Principal payments under debt obligations         (194) 0  
Dividends paid to shareholders         (550) (491)  
Change in investment-type contracts, net         (103) (64)  
Treasury stock reissued         12 5  
Other, net         (14) 6  
Net cash provided (used) by financing activities         (1,576) (1,944)   Close
Effect of exchange rate changes on cash and cash equivalents         (68) (99)   Close
Net change in cash and cash equivalents         1,754 777   Close
Cash and cash equivalents, beginning of period   $ 4,306   $ 3,943 4,306 3,943 3,943
Cash and cash equivalents, end of period $ 6,060   $ 4,720   6,060 4,720 $ 4,306
Supplemental disclosures of cash flow information:              
Income taxes paid         777 765  
Interest paid         87 94  
Noncash interest         11 6  
Noncash real estate acquired in satisfaction of debt         294 0  
Noncash financing activities:              
Lease obligations         20 43  
Associate stock bonus              
Treasury stock issued for:              
Treasury stock issued         10 9  
Shareholder dividend reinvestment              
Treasury stock issued for:              
Treasury stock issued         21 19  
Share-based compensation grants              
Treasury stock issued for:              
Treasury stock issued         $ 6 $ 5