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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues    
Net earned premiums $ 1,785 $ 1,645
Net investment income 490 545
Net realized investment gains    
Other-than-temporary impairment losses (6) (2)
Other net realized investment gains 18 38
Net realized investment gains 12 36
Non-insurance warranty revenue (Note J) 238 93
Other revenues 10 11
Total revenues 2,535 2,330
Claims, Benefits and Expenses    
Insurance claims and policyholders’ benefits 1,339 1,293
Amortization of deferred acquisition costs 296 305
Non-insurance warranty expense (Note J) 216 70
Other operating expenses 303 276
Interest 35 43
Total claims, benefits and expenses 2,189 1,987
Income before income tax 346 343
Income tax expense (55) (83)
Net income $ 291 $ 260
Basic earnings per share (in usd per share) $ 1.07 $ 0.96
Diluted earnings per share (in usd per share) 1.07 0.96
Dividends declared per share (in usd per share) $ 2.3 $ 2.25
Weighted Average Outstanding Common Stock and Common Stock Equivalents    
Basic (in shares) 271.4 270.7
Diluted (in shares) 272.4 271.7