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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Investments:    
Fixed maturity securities at fair value (amortized cost of $38,969 and $38,126, less allowance for credit loss of $47 and $-) $ 43,901 $ 42,207
Equity securities at fair value (cost of $927 and $820) 919 865
Limited partnership investments 1,567 1,752
Other invested assets 69 65
Mortgage loans (less allowance for uncollectible receivables of $21 and $-) 1,088 994
Short term investments 1,462 1,861
Total investments 49,006 47,744
Cash 442 242
Reinsurance receivables (less allowance for uncollectible receivables of $24 and $25) 4,370 4,179
Insurance receivables (less allowance for uncollectible receivables of $32 and $32) 2,527 2,449
Accrued investment income 401 395
Deferred acquisition costs 697 662
Deferred income taxes 144 199
Property and equipment at cost (less accumulated depreciation of $224 and $215) 256 282
Goodwill 146 147
Deferred non-insurance warranty acquisition expense 2,998 2,840
Other assets (includes $- and $21 due from Loews Corporation) 1,788 1,473
Total assets 62,775 60,612
Insurance reserves:    
Claim and claim adjustment expenses 22,534 21,720
Unearned premiums 5,020 4,583
Future policy benefits 12,978 12,311
Long term debt 2,776 2,679
Deferred non-insurance warranty revenue 3,951 3,779
Other liabilities (includes $47 and $21 due to Loews Corporation) 3,495 3,325
Total liabilities 50,754 48,397
Commitments and contingencies (Notes C and F)  
Stockholders' Equity    
Common stock ($2.50 par value; 500,000,000 shares authorized; 273,040,243 shares issued; 271,387,058 and 271,412,591 shares outstanding) 683 683
Additional paid-in capital 2,202 2,203
Retained earnings 8,796 9,348
Accumulated other comprehensive income 411 51
Treasury stock (1,653,185 and 1,627,652 shares), at cost (71) (70)
Total stockholders’ equity 12,021 12,215
Total liabilities and stockholders' equity $ 62,775 $ 60,612