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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues    
Net earned premiums $ 1,962 $ 1,869
Net investment income 504 329
Net investment gains (losses) 57 (216)
Non-insurance warranty revenue 338 301
Other revenues 5 8
Total revenues 2,866 2,291
Claims, Benefits and Expenses    
Insurance claims and policyholders’ benefits 1,506 1,425
Amortization of deferred acquisition costs 359 344
Non-insurance warranty expense 311 281
Other operating expenses 284 299
Interest 28 31
Total claims, benefits and expenses 2,488 2,380
Income (loss) before income tax 378 (89)
Income tax (expense) benefit (66) 28
Net income (loss) $ 312 $ (61)
Basic earnings (loss) per share    
Basic earnings per share (in usd per share) $ 1.15 $ (0.23)
Diluted earnings (loss) per share    
Diluted earnings per share (in usd per share) $ 1.14 $ (0.23)
Weighted Average Outstanding Common Stock and Common Stock Equivalents    
Basic (in shares) 271.9 271.5
Diluted (in shares) 272.9 271.5