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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues    
Net earned premiums $ 1,869 $ 1,803
Net investment income 329 571
Net investment (losses) gains (216) 31
Non-insurance warranty revenue 301 281
Other revenues 8 9
Total revenues 2,291 2,695
Claims, Benefits and Expenses    
Insurance claims and policyholders’ benefits 1,425 1,357
Amortization of deferred acquisition costs 344 342
Non-insurance warranty expense 281 260
Other operating expenses 299 283
Interest 31 34
Total claims, benefits and expenses 2,380 2,276
(Loss) income before income tax (89) 419
Income tax benefit (expense) 28 (77)
Net (loss) income $ (61) $ 342
Basic earnings per share (in usd per share) $ (0.23) $ 1.26
Diluted earnings per share (in usd per share) $ (0.23) $ 1.25
Weighted Average Outstanding Common Stock and Common Stock Equivalents    
Basic (loss) earnings per share (in shares) 271.5 271.6
Diluted (loss) earnings per share (in shares) 271.5 272.6