7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 2025-06-30 2025-03-31 2024-12-31 2024-09-30 2024-06-30 2024-03-31 
      
    		       
      cash flows from operating activities
    		       
      net income
    		446,000,000 699,000,000 -722,000,000 1,687,000,000 -528,000,000 894,000,000 1,222,000,000 
      adjustments to reconcile net income to net cash provided by
    		       
      operating activities:
    		       
      realized (gain) loss
    		216,000,000 642,000,000 -11,000,000 -470,000,000 431,000,000 -664,000,000 434,000,000 
      market risk benefit (gain) loss
    		-343,000,000 -940,000,000 1,293,000,000 -1,291,000,000 657,000,000 -136,000,000 -1,907,000,000 
      sales and maturities (purchases) of trading securities
    		70,000,000 512,000,000 71,000,000 118,000,000 75,000,000 21,000,000 129,000,000 
      early extinguishment of debt (gain) loss
    		0       
      change in:
    		       
      deferred acquisition costs, value of business acquired, deferred sales inducements
    		       
      and deferred front-end loads
    		156,000,000 170,000,000 156,000,000 151,000,000 171,000,000 177,000,000 190,000,000 
      accrued investment income
    		-12,000,000 -20,000,000 -16,000,000 24,000,000 -1,000,000 -30,000,000 -32,000,000 
      insurance liabilities and reinsurance-related balances
    		-1,398,000,000 62,000,000 -216,000,000 -401,000,000 -561,000,000 -1,313,000,000 -1,047,000,000 
      accrued expenses
    		172,000,000 71,000,000 -227,000,000 169,000,000 34,000,000 89,000,000 -41,000,000 
      federal income tax accruals
    		67,000,000 104,000,000 -227,000,000 413,000,000 -175,000,000 203,000,000 306,000,000 
      other
    		-515,000,000 -193,000,000 -373,000,000 -178,000,000 -106,000,000 -112,000,000 -609,000,000 
      net cash from operating activities
    		-1,141,000,000 1,013,000,000 -272,000,000 222,000,000 -27,000,000 -859,000,000 -1,343,000,000 
      cash flows from investing activities
    		       
      purchases of available-for-sale securities and equity securities
    		-4,407,000,000 -4,063,000,000 -3,722,000,000 -3,757,000,000 -2,576,000,000 -2,749,000,000 -2,360,000,000 
      sales of available-for-sale securities and equity securities
    		1,005,000,000 1,081,000,000 509,000,000 561,000,000 161,000,000 566,000,000 677,000,000 
      maturities of available-for-sale securities
    		3,216,000,000 2,508,000,000 2,689,000,000 3,130,000,000 2,702,000,000 1,916,000,000 1,694,000,000 
      purchases of other investments
    		       
      sales and repayments of other investments
    		       
      issuance of mortgage loans on real estate
    		-799,000,000 -1,087,000,000 -919,000,000 -1,048,000,000 -966,000,000 -1,561,000,000 -571,000,000 
      repayment and maturities of mortgage loans on real estate
    		630,000,000 646,000,000 502,000,000 678,000,000 371,000,000 357,000,000 267,000,000 
      repayment (issuance) of policy loans
    		-32,000,000 -22,000,000 -54,000,000  3,000,000 -36,000,000 -1,000,000 
      net change in collateral on investments, certain derivatives and related settlements
    		3,107,000,000 493,000,000 -799,000,000 296,000,000 -177,000,000 1,701,000,000 2,232,000,000 
      cash received from disposition, net of cash transferred
    		   0 -2,000,000   
      net cash from investing activities
    		2,212,000,000 -266,000,000 -2,046,000,000 -717,000,000 -702,000,000 601,000,000 1,639,000,000 
      cash flows from financing activities
    		       
      payment of long-term debt, including current maturities
    		0 0 -300,000,000 0 0 -53,000,000 -47,000,000 
      issuance of long-term debt, net of issuance costs
    		   0 0 -1,000,000 347,000,000 
      payment related to early extinguishment of debt
    		0       
      payment related to sale-leaseback transactions
    		-1,000,000 -2,000,000 -2,000,000 -5,000,000 -4,000,000 -4,000,000 -4,000,000 
      proceeds from certain financing arrangements
    		0   0    
      payment related to certain financing arrangements
    		-14,000,000 -70,000,000 -14,000,000 -34,000,000 -15,000,000 -72,000,000 -16,000,000 
      policyholder account balances:
    		       
      deposits
    		5,771,000,000 5,189,000,000 4,434,000,000     
      withdrawals
    		-3,006,000,000 -3,121,000,000 -3,129,000,000     
      transfers from (to) separate accounts
    		-187,000,000 -230,000,000 -73,000,000 -158,000,000 44,000,000 177,000,000 -90,000,000 
      issuance of common stock
    		0       
      common stock issued for benefit plans
    		11,000,000 -3,000,000 -4,000,000 -1,000,000 2,000,000 -1,000,000 -5,000,000 
      dividends paid to preferred stockholders
    		-34,000,000 -12,000,000 -34,000,000 -11,000,000 -34,000,000 -12,000,000 -34,000,000 
      dividends paid to common stockholders
    		-86,000,000 -76,000,000 -77,000,000 -77,000,000 -77,000,000 -76,000,000 -77,000,000 
      net cash from financing activities
    		2,454,000,000 2,112,000,000 801,000,000 283,000,000 1,267,000,000 1,611,000,000 461,000,000 
      net increase in cash, invested cash and restricted cash
    		3,525,000,000 2,859,000,000 -1,517,000,000 -212,000,000 538,000,000 1,353,000,000 757,000,000 
      cash, invested cash and restricted cash as of beginning-of-year
    		0 0 5,801,000,000 0 0 0 3,365,000,000 
      cash, invested cash and restricted cash as of end-of-period
    		3,525,000,000 2,859,000,000 4,284,000,000  538,000,000 1,353,000,000 4,122,000,000 
      business segment
    		       
      annuities
    		       
      life insurance
    		       
      group protection
    		       
      retirement plan services
    		       
      purchases of alternative investments
    		 -289,000,000 -397,000,000 -493,000,000 -343,000,000 -239,000,000 -315,000,000 
      sales and repayments of alternative investments
    		 361,000,000 213,000,000 107,000,000 148,000,000 81,000,000 16,000,000 
      impairment of intangibles
    		       
      net operating cash payments related to closing fortitude re reinsurance transaction
    		       
      net financing cash proceeds related to closing fortitude re reinsurance transaction
    		       
      deposits of fixed account balances
    		   3,748,000,000 4,204,000,000 4,506,000,000 3,602,000,000 
      withdrawals of fixed account balances
    		   -3,179,000,000 -2,906,000,000 -2,853,000,000 -3,215,000,000 
      issuance of preferred stock, net of issuance costs
    		       
      repurchase of common stock
    		       
      cash, invested cash and restricted cash as of end-of-year
    		       
      see accompanying notes to consolidated financial statements
    		       
      reportable segment
    		       
      amortization of deferred gain on business sold through reinsurance
    		     12,000,000 12,000,000 
      payment related to modification or early extinguishment of debt
    		       
      adjustments to reconcile net income to net cash from operating activities:
    		       
      trading securities purchases, sales and maturities
    		       
      and deferred front-end loads deferrals and interest, net of amortization
    		       
      premiums and fees receivable
    		       
      future contract benefits and other contract holder funds
    		       
      reinsurance related assets and liabilities
    		       
      issuance (repayment) of policy loans
    		       
      net change in collateral on investments, derivatives and related settlements
    		       
      deposits of fixed account values, including the fixed portion of variable
    		       
      withdrawals of fixed account values, including the fixed portion of variable
    		       
      transfers to and from separate accounts
    		       
      standard
    		       
      asu 2016-13, measurement of credit losses on financial instruments and related amendments
    		       
      asu 2019-04, codification improvements to topic 326, financial instruments – credit losses, topic 815, derivatives and hedging and topic 825, financial instruments
    		       
      change in premiums and fees receivable
    		       
      change in accrued investment income
    		       
      change in future contract benefits and other contract holder funds
    		       
      change in reinsurance related assets and liabilities
    		       
      change in federal income tax accruals
    		       
      issuance and repayment of policy loans
    		       
      asu 2014-09, revenue from contracts with customers and all related amendments
    		       
      asu 2016-01, recognition and measurement of financial assets and financial liabilities
    		       
      asu 2018-02, reclassification of certain tax effects from accumulated other comprehensive income
    		       
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.