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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Investments:    
Fixed maturity securities at fair value (amortized cost of $37,940 and $38,085) $ 40,553 $ 39,546
Equity securities at fair value (cost of $812 and $844) 814 780
Limited partnership investments 1,876 1,982
Other invested assets 59 53
Mortgage loans 863 839
Short term investments 1,474 1,286
Total investments 45,639 44,486
Cash 223 310
Reinsurance receivables (less allowance for uncollectible receivables of $29 and $29) 4,277 4,426
Insurance receivables (less allowance for uncollectible receivables of $41 and $42) 2,435 2,323
Accrued investment income 406 391
Deferred acquisition costs 664 633
Deferred income taxes 217 392
Property and equipment at cost (less accumulated depreciation of $214 and $216) 314 324
Goodwill 147 146
Deferred non-insurance warranty acquisition expense 2,576 2,513
Other assets (includes $- and $8 due from Loews Corporation) 1,579 1,208
Total assets 58,477 57,152
Insurance reserves:    
Claim and claim adjustment expenses 21,836 21,984
Unearned premiums 4,422 4,183
Future policy benefits 11,078 10,597
Long term debt 2,681 2,680
Deferred non-insurance warranty revenue 3,472 3,402
Other liabilities (includes $31 and $23 due to Loews Corporation) 3,533 3,089
Total liabilities 47,022 45,935
Commitments and contingencies  
Stockholders' Equity    
Common stock ($2.50 par value; 500,000,000 shares authorized; 273,040,243 shares issued; 271,527,510 and 271,456,978 shares outstanding) 683 683
Additional paid-in capital 2,184 2,192
Retained earnings 8,976 9,277
Accumulated other comprehensive income (loss) (324) (878)
Treasury stock (1,512,733 and 1,583,265 shares), at cost (64) (57)
Total stockholders’ equity 11,455 11,217
Total liabilities and stockholders' equity $ 58,477 $ 57,152