v3.26.3
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Operating Activities    
Net income $ 3,477 $ 2,705
Adjustments to reconcile net income (loss) to net cash provided by operating activities    
Net realized losses 99 71
Amortization of deferred policy acquisition costs 2,004 1,871
Additions to deferred policy acquisition costs (2,150) (2,011)
Depreciation and amortization 328 261
Other operating activities, net 137 151
Additional Cash Flow Elements, Operating Activities    
Increase (Decrease) in Reinsurance Recoverable 1,585 45
Net change in accrued and deferred income taxes (211) (24)
Increase in insurance liabilities 2,183 2,159
Increase (Decrease) in Premiums Receivable (531) (634)
Net change in other assets and other liabilities (1,736) (480)
Net cash provided by operating activities 5,185 4,114
Proceeds from the sale/maturity/prepayment of:    
Fixed maturities, AFS 8,373 7,617
FVO securities 0 109
Equity securities, at fair value 78 184
Mortgage loans 1,150 1,055
Limited partnership and other alternative investments 225 167
Payments for the purchase of:    
Fixed maturities, AFS (9,698) (9,276)
Payments for the purchase of Fair Value Option Fixed Maturity Securties (2) (16)
Equity securities, at fair value (86) (92)
Mortgage loans (1,468) (1,268)
Limited partnership and other alternative investments (766) (698)
Payments for (Proceeds from) Derivative Instrument, Investing Activities 266 11
Proceeds from Sale of Property, Plant, and Equipment 134  
Net disposals (additions) of property and equipment   123
Net payments for short-term investments (796) (45)
Other investing activities, net (102) (62)
Net cash used for investing activities (3,224) (2,459)
Financing Activities    
Deposits and other additions to investment and universal life-type contracts 125 93
Withdrawals and other deductions from investment and universal life-type contracts (129) (89)
ProceedsPaymentsIssuanceReturnOfSharesUnderIncentiveAndShareBasedCompensationPlans (26) (22)
Treasury stock acquired, including related excise tax paid (1,391) (1,215)
Dividends paid on preferred stock (16) (16)
Dividends paid on common stock (496) (446)
Net cash used for financing activities (1,933) (1,695)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations (10) 12
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect, Total 18 (28)
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect, Discontinued Operation (6) 0
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect, Continuing Operation 12 (28)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 166 234
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 178 206
Supplemental Disclosure of Cash Flow Information    
Interest paid $ 161 $ 164