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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues      
Net earned premiums $ 8,175 $ 7,649 $ 7,428
Net investment income 2,159 1,935 2,118
Net investment gains (losses) 120 (54) 29
Non-insurance warranty revenue 1,430 1,252 1,161
Other revenues 24 26 31
Total revenues 11,908 10,808 10,767
Claims, Benefits and Expenses      
Insurance claims and policyholders’ benefits 6,349 6,170 5,806
Amortization of deferred acquisition costs 1,443 1,410 1,383
Non-insurance warranty expense 1,328 1,159 1,082
Other operating expenses 1,191 1,126 1,142
Interest 113 122 131
Total claims, benefits and expenses 10,424 9,987 9,544
Income before income tax 1,484 821 1,223
Income tax expense (282) (131) (223)
Net income $ 1,202 $ 690 $ 1,000
Basic earnings per share      
Basic earnings per share (in usd per share) $ 4.42 $ 2.54 $ 3.68
Diluted earnings per share      
Diluted earnings per share (in usd per share) $ 4.41 $ 2.53 $ 3.67
Weighted Average Outstanding Common Stock and Common Stock Equivalents      
Basic (in shares) 271.8 271.6 271.6
Diluted (in shares) 272.8 272.4 272.5