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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenues        
Total revenues $ 1,915 $ 1,412 $ 4,697 $ 4,321
Benefits and Expenses        
Insurance losses and contract holders' benefits 879 874 2,616 2,581
Underwriting, acquisition and insurance expenses 401 393 1,199 1,157
Interest expense 14 13 40 39
Other operating expenses 3 3 10 11
Total benefits and expenses 1,297 1,283 3,865 3,788
Income Before Income Taxes 618 129 832 533
Provision (Benefit) for Income Taxes        
Current (98) 27 (37) 98
Deferred 163 0 130 32
Total provision for income taxes 65 27 93 130
Net Income $ 553 $ 102 $ 739 $ 403
Per Common Share        
Net income—basic $ 3.40 $ 0.62 $ 4.53 $ 2.45
Net income—diluted $ 3.38 $ 0.61 $ 4.49 $ 2.42
Earned premiums        
Revenues        
Total revenues $ 1,298 $ 1,247 $ 3,852 $ 3,696
Investment income, net of expenses        
Revenues        
Total revenues 154 153 458 453
Investment gains and losses, net        
Revenues        
Total revenues 458 7 372 156
Fee revenues        
Revenues        
Total revenues 3 3 11 12
Other revenues        
Revenues        
Total revenues $ 2 $ 2 $ 4 $ 4