Overview Financials News + Filings Key Docs Charts Holdings Ownership Insiders
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| In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Cash flows from operating activities: | | | | | | | | |
| Net earnings | 4,325.0 | 4,778.0 | 3,304.0 | 2,920.0 | 4,604.0 | 2,659.0 | 2,533.0 | 2,951.0 |
| Adjustments to Reconcile Net Income (Loss) to Cash from (Used in) Operating Activities | | | | | | | | |
| Change in receivables and advance premiums | 72.0 | 52.0 | -32.0 | -55.0 | -91.0 | 42.0 | 147.0 | -7.0 |
| Capitalization of deferred policy acquisition costs | -1,063.0 | -1,142.0 | -1,452.0 | -1,504.0 | -1,468.0 | -1,447.0 | -1,307.0 | |
| Amortization of deferred policy acquisition costs | | | | | | | | |
| Increase in policy liabilities | 976.0 | 2,023.0 | 2,104.0 | 2,343.0 | 2,890.0 | 3,331.0 | 3,524.0 | 3,614.0 |
| Change in income tax liabilities | 118.0 | -1,419.0 | -244.0 | 64.0 | -1,240.0 | -93.0 | -36.0 | |
| Net investment (gains) losses | -468.0 | 270.0 | 135.0 | 430.0 | 151.0 | 14.0 | -106.0 | -215.0 |
| Other, net | -79.0 | 182.0 | 358.0 | 571.0 | 150.0 | 340.0 | 955.0 | 309.0 |
| Net cash provided (used) by operating activities | 5,051.0 | 5,958.0 | 5,455.0 | 6,014.0 | 6,128.0 | 5,987.0 | 6,776.0 | 6,550.0 |
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| Cash flows from investing activities: | | | | | | | | |
| Proceeds from investments sold or matured: | | | | | | | | |
| Available-for-sale fixed maturity securities | 4,157.0 | 3,725.0 | 5,284.0 | 7,888.0 | 4,680.0 | 6,723.0 | | |
| Equity securities | 264.0 | 234.0 | 650.0 | 429.0 | | | | |
| Held-to-maturity fixed maturity securities | | | | | | | | |
| Commercial mortgage and other loans | 4,099.0 | 2,085.0 | 1,814.0 | 936.0 | 303.0 | 90.0 | | |
| Costs of investments acquired: | | | | | | | | |
| Available-for-sale fixed maturity securities | -5,813.0 | -4,772.0 | -6,934.0 | -9,086.0 | -9,867.0 | -10,890.0 | -6,507.0 | -10,978.0 |
| Equity securities | -492.0 | -498.0 | -347.0 | -440.0 | | | | |
| Commercial mortgage and other loans | -5,282.0 | -3,263.0 | -4,401.0 | -4,848.0 | -2,115.0 | -1,110.0 | | |
| Settlement of derivatives, net | 199.0 | 18.0 | -9.0 | -241.0 | -621.0 | 1,252.0 | -2,119.0 | -636.0 |
| Cash received (pledged or returned) as collateral, net | 1,511.0 | -1,027.0 | 926.0 | 348.0 | -205.0 | -416.0 | -1,391.0 | -3,217.0 |
| Other, net | 41.0 | -265.0 | -123.0 | 176.0 | -68.0 | -76.0 | -86.0 | 30.0 |
| Net cash provided (used) by investing activities | -2,378.0 | -4,619.0 | -3,171.0 | -3,582.0 | -5,431.0 | -3,855.0 | -4,897.0 | -4,241.0 |
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| Cash flows from financing activities: | | | | | | | | |
| Purchases of treasury stock | -2,301.0 | -1,537.0 | -1,627.0 | -1,301.0 | -1,351.0 | -1,422.0 | -1,315.0 | -1,210.0 |
| Proceeds from borrowings | | | | | | | | |
| Principal payments under debt obligations | | | | | | | | |
| Dividends paid to shareholders | -855.0 | -769.0 | -771.0 | -793.0 | -661.0 | -658.0 | -656.0 | -654.0 |
| Change in investment-type contracts, net | -36.0 | -11.0 | -1.0 | -31.0 | 35.0 | 159.0 | 256.0 | 1,253.0 |
| Treasury stock reissued | 26.0 | 34.0 | 49.0 | 58.0 | 33.0 | 46.0 | 36.0 | 33.0 |
| Other, net | -26.0 | -27.0 | 22.0 | -19.0 | | -120.0 | -234.0 | 16.0 |
| Net cash provided (used) by financing activities | -2,739.0 | -1,115.0 | -1,713.0 | -1,616.0 | -2,065.0 | -1,619.0 | -2,187.0 | -147.0 |
| Net change in cash and cash equivalents | -90.0 | 245.0 | 559.0 | 846.0 | | | | |
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| Supplemental disclosures of cash flow information: | | | | | | | | |
| Income taxes paid | 880.0 | 800.0 | 1,384.0 | 998.0 | 780.0 | 1,526.0 | 996.0 | 1,416.0 |
| Interest paid | 213.0 | 210.0 | 190.0 | 181.0 | 196.0 | 211.0 | 236.0 | 241.0 |
| Noncash interest | 24.0 | 32.0 | 37.0 | 41.0 | 44.0 | 57.0 | 53.0 | 76.0 |
| Noncash financing activities: | | | | | | | | |
| Lease obligations | 46.0 | 56.0 | 132.0 | 11.0 | 12.0 | 1.0 | 6.0 | 9.0 |
| Treasury stock issued for: | | | | | | | | |
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