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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net earnings $ 321 $ 83
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 215 196
Equity in earnings of unconsolidated affiliates 2 (1)
Loss on sales of investments and other assets and asset impairments, net 26 24
Gain on the sale of businesses (14) 0
Interest credited/index credits to contractholder account balances 49 125
Change in market risk benefits, net 73 109
Deferred policy acquisition costs and deferred sales inducements (284) (287)
Charges assessed to contractholders for mortality and admin (115) (79)
Non-cash lease costs 32 33
Operating lease payments (34) (35)
Distributions from unconsolidated affiliates, return on investment 33 7
Stock-based compensation cost 23 21
Change in NAV of limited partnerships, net (106) (63)
Change in valuation of derivatives, equity securities, preferred securities, and other assets, net 66 259
Changes in assets and liabilities, net of effects from acquisitions:    
Change in derivative collateral liabilities (396) (135)
Change in reinsurance recoverable 14 (13)
Change in future policy benefits 197 210
Change in funds withheld from reinsurers 787 648
Net decrease in trade receivables 7 34
Net increase (decrease) in reserve for title claim losses 4 (18)
Net change in income taxes 167 11
Net change in other assets and other liabilities (192) (14)
Net cash provided by operating activities 875 1,115
Cash flows from investing activities:    
Proceeds from sales, calls and maturities of investment securities 2,973 3,071
Additions to property and equipment, capitalized software and title plants (27) (37)
Purchases of investment securities (4,079) (5,128)
Net proceeds from sales and maturities of short-term investment securities 265 1,890
Acquisitions and dispositions 73 0
Additional investments in unconsolidated affiliates (264) (665)
Distributions from unconsolidated affiliates, return of investment 122 81
Net other investing activities (8) 3
Net cash used in investing activities (945) (785)
Cash flows from financing activities:    
Debt offering 0 375
Debt service payments 0 (300)
Dividends paid (140) (136)
Subsidiary dividends paid to non-controlling interest shareholders (20) (12)
Subsidiary repurchases of own equity (30) (2)
Net change in secured trust deposits 70 77
Payment of contingent consideration for prior period acquisitions (14) (18)
Contractholder account deposits 2,669 2,789
Contractholder account withdrawals (2,557) (2,194)
Purchases of treasury stock (78) (24)
F&G common stock offering 0 117
Other financing activities 1 3
Net cash (used in) provided by financing activities (99) 675
Net (decrease) increase in cash and cash equivalents (169) 1,005
Cash and cash equivalents at beginning of period 2,636 3,479
Cash and cash equivalents at end of period $ 2,467 $ 4,484