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Consolidated Statement of Earnings (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues:    
Property and casualty insurance net earned premiums $ 1,107 $ 1,022
Life, accident and health net earned premiums 6 6
Net investment income 495 435
Realized gains (losses) on:    
Realized gains (losses) on securities (93) 3
Income (loss) of managed investment entities:    
Investment income 58 51
Gain (loss) on change in fair value of assets/liabilities (3) 0
Other income 49 59
Total revenues 1,619 1,576
Costs and Expenses:    
Property and casualty insurance: Losses and loss adjustment expenses 641 609
Property and casualty insurance: Commissions and other underwriting expenses 381 339
Annuity benefits 182 196
Life, accident and health benefits 11 9
Annuity and supplemental insurance acquisition expenses 82 53
Interest charges on borrowed money 15 21
Expenses of managed investment entities 48 41
Other expenses 85 85
Total costs and expenses 1,445 1,353
Earnings before income taxes 174 223
Provision for income taxes 33 68
Net earnings, including noncontrolling interests 141 155
Less: Net earnings (losses) attributable to noncontrolling interests (4) 2
Net Earnings Attributable to Shareholders $ 145 $ 153
Earnings Attributable to Shareholders per Common Share:    
Basic (USD per share) $ 1.64 $ 1.76
Diluted (USD per share) $ 1.60 $ 1.72
Average number of Common Shares:    
Basic (shares) 88.6 87.2
Diluted (shares) 90.4 89.3
Cash dividends per Common Share (USD per share) $ 0.35 $ 0.3125
Supplemental disclosure of Realized gains on securities:    
Realized gains (losses) before impairments $ (92) $ 9
Losses on securities with impairment (1) (6)
Non-credit portion recognized in other comprehensive income (loss) 0 0
Impairment charges recognized in earnings (1) (6)
Total realized gains (losses) on securities $ (93) $ 3