Cash flow Statement
(Quarterly, GAAP in millions $) |
(Mar 31 2023)
3 Months |
(Dec 31 2022)
12 Months |
(Sep 30 2022)
9 Months |
(Jun 30 2022)
6 Months |
(Mar 31 2022)
3 Months |
| Income |
-881.00 |
92.00 |
-2,233.00 |
341.00 |
104.00 |
| Depreciation & amortization |
- |
- |
- |
- |
- |
| Amortization of Other Assets |
- |
- |
- |
- |
- |
| Increase (Decrease) in Prepaid Reinsurance Premiums
|
- |
-91.00 |
-3.00 |
-76.00 |
-91.00 |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) |
- |
- |
- |
- |
- |
| Deferred acquisition costs |
- |
- |
- |
- |
- |
| Sale of Assets |
- |
- |
- |
- |
- |
| Stock-based compensation |
- |
- |
- |
- |
- |
| Sale of Business |
- |
- |
- |
- |
- |
| Deferred acquisition costs |
- |
- |
- |
- |
- |
| Income (Loss) from Equity Method Investments |
- |
- |
- |
- |
- |
| Investments & derivatives |
- |
- |
- |
- |
- |
| Deferred Acquisition Costs Value Of Business Acquired Deferred Sales Inducements And Deferred Front End Loads Deferrals And Interest Net Of Amortization |
2.00 |
31.00 |
348.00 |
115.00 |
54.00 |
| Change In Funds Withheld Reinsurance Liability And Reinsurance Recoverables |
- |
- |
-1,779.00 |
-1,438.00 |
-764.00 |
| Change In Federal Income Tax Accruals |
- |
- |
- |
- |
- |
| Realized Loss |
- |
- |
- |
- |
- |
| Amortization Of Deferred Gain On Business Sold Through Reinsurance |
-38.00 |
-19.00 |
-27.00 |
-17.00 |
-9.00 |
| Debt And Equity Securities Realized Gain Loss |
3,083.00 |
1,271.00 |
97.00 |
182.00 |
181.00 |
| Change In Insurance Liabilities And Reinsurance Related Balance |
- |
- |
- |
- |
- |
| Income taxes |
- |
- |
- |
- |
- |
| Losses/ -gains on Investments net |
294.00 |
-222.00 |
83.00 |
77.00 |
-222.00 |
| Increase (Decrease) in Income Taxes |
-289.00 |
39.00 |
-490.00 |
74.00 |
42.00 |
| Policy liabilities |
- |
- |
- |
- |
- |
| Increase (Decrease) in Accrued Liabilities |
-143.00 |
-262.00 |
-402.00 |
-371.00 |
-262.00 |
| Recoverable from reinsurers |
- |
- |
- |
- |
- |
| Other liabilities |
- |
- |
- |
- |
- |
| Other Working Capital |
- |
- |
- |
- |
- |
| Other Noncash Income (Expense) |
-27.00 |
-74.00 |
386.00 |
167.00 |
-72.00 |
| Other net |
- |
- |
- |
- |
- |
| Payments for (Proceeds from) Other Operating Activities |
619.00 |
- |
634.00 |
-551.00 |
-29.00 |
| Discontinued operations |
- |
- |
- |
- |
- |
| Net Cash flow from
Operating Activities |
-774.00 |
752.00 |
3,394.00 |
2,708.00 |
753.00 |
| Capital Expenditures |
- |
- |
- |
- |
- |
| Sale of Capital Items |
- |
- |
- |
- |
- |
| Proceeds from Maturities, Prepayments and Calls of Available-for-sale Securities |
1,440.00 |
1,604.00 |
4,333.00 |
3,231.00 |
1,604.00 |
| Payments to Acquire Available-for-sale Securities |
- |
- |
- |
- |
- |
| Securities liq. |
- |
- |
- |
- |
- |
| Payments To Acquire Alternative Investments |
-329.00 |
-161.00 |
-506.00 |
-361.00 |
-163.00 |
| Proceeds From Sale And Repayment Of Alternative Investments |
183.00 |
131.00 |
258.00 |
128.00 |
54.00 |
| Issuance Of Mortgage Loans On Real Estate |
-1,368.00 |
-540.00 |
-2,213.00 |
-1,634.00 |
-888.00 |
| Repayment And Maturities Of Mortgage Loans On Real Estate |
1,428.00 |
717.00 |
1,274.00 |
851.00 |
403.00 |
| Proceeds From Sale Of Debt Securities Available For Sale And Equity Securities |
308.00 |
105.00 |
2,312.00 |
1,888.00 |
1,341.00 |
| Net Change In Collateral On Investments Derivatives And Related Settlements |
-1,892.00 |
16.00 |
- |
- |
- |
| Securities acq. |
- |
- |
- |
- |
- |
| Purchase of other investments |
- |
- |
- |
- |
- |
| Sale of other investments |
- |
- |
- |
- |
- |
| Payments to Acquire Investments |
-2,999.00 |
-3,934.00 |
-12,008.00 |
-8,204.00 |
-3,934.00 |
| Lease commissions |
- |
- |
- |
- |
- |
| Payments to Acquire Businesses, Net of Cash Acquired |
- |
- |
- |
- |
- |
| Proceeds from Divestiture of Interest in Subsidiaries and Affiliates |
- |
- |
- |
- |
- |
| Proceeds from Divestiture of Businesses, Net of Cash Divested |
- |
- |
- |
- |
- |
| Sale of assets |
- |
- |
- |
- |
- |
| Payments for (Proceeds from) Policy Loans |
-27.00 |
25.00 |
17.00 |
-5.00 |
25.00 |
| Payments for (Proceeds from) Other Investing Activities |
-60.00 |
-104.00 |
-93.00 |
-101.00 |
-104.00 |
| Other Net |
- |
- |
- |
- |
- |
| Discontinued operations |
- |
- |
- |
- |
- |
| Net Cash flow from Investing Activities |
-325.00 |
-2,140.00 |
-9,867.00 |
-6,749.00 |
-2,141.00 |
| Short-term debt Net |
- |
- |
- |
- |
- |
| Other borrowing transactions |
- |
- |
- |
- |
- |
| Long-term debt - borrowings |
- |
297.00 |
296.00 |
297.00 |
297.00 |
| Long-term debt - repayments |
- |
-300.00 |
-300.00 |
-300.00 |
-300.00 |
| Universal life & investment |
- |
- |
- |
- |
- |
| Issuances/ -repurchases
of Comm. Stock |
- |
-400.00 |
-550.00 |
-500.00 |
-400.00 |
| Exercise of stock options |
- |
- |
- |
- |
- |
| Issuances/ -repurchases
of Pref. Stock |
- |
986.00 |
- |
- |
- |
| Sale of business |
- |
- |
- |
- |
- |
| Other |
- |
- |
- |
- |
- |
| Other net |
-19.00 |
-14.00 |
-15.00 |
-8.00 |
-14.00 |
| Deposits Of Fixed Account Values Including Fixed Portion Of Variable |
6,900.00 |
3,048.00 |
9,150.00 |
6,375.00 |
3,136.00 |
| Withdrawals Of Fixed Account Values Including Fixed Portion Of Variable |
-3,298.00 |
-1,830.00 |
-4,961.00 |
-3,299.00 |
-1,777.00 |
| Transfers To And From Separate Accounts Net |
62.00 |
14.00 |
-252.00 |
-229.00 |
-122.00 |
| Common Stock Issued For Benefit Plans And Excess Tax Benefits |
- |
- |
- |
- |
- |
| Issuance Redemption Of Series B Preferred Stock And Issuance Repurchase And Cancellation Of Associated Common Stock Warrants |
- |
- |
- |
- |
- |
| Payments of Ordinary Dividends, Preferred Stock and Preference Stock |
-25.00 |
- |
- |
- |
- |
| Dividends paid |
-77.00 |
-79.00 |
-234.00 |
-157.00 |
-79.00 |
| Net Cash flow from Financing Activities |
1,522.00 |
736.00 |
5,333.00 |
2,996.00 |
736.00 |
| Effect of exchange rate on cash flow |
- |
- |
- |
- |
- |
| Discontinued operations |
- |
- |
- |
- |
- |
| Free
Cash Flow |
-774.00 |
752.00 |
3,394.00 |
2,708.00 |
753.00 |
| Total Cash Flow |
423.00 |
-652.00 |
-1,140.00 |
-1,045.00 |
-652.00 |
