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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Investments:    
Fixed maturity securities at fair value (amortized cost of $41,330 and $39,952, less allowance for credit loss of $3 and $18) $ 37,251 $ 44,380
Equity securities at fair value (cost of $989 and $964) 891 1,035
Limited partnership investments 1,895 1,859
Other invested assets 73 91
Mortgage loans (less allowance for uncollectible receivables of $24 and $16) 953 973
Short term investments 1,074 1,990
Total investments 42,137 50,328
Cash 503 536
Reinsurance receivables (less allowance for uncollectible receivables of $21 and $21) 5,700 5,463
Insurance receivables (less allowance for uncollectible receivables of $28 and $29) 2,986 2,945
Accrued investment income 411 377
Deferred acquisition costs 787 737
Deferred income taxes 1,298 142
Property and equipment at cost (less accumulated depreciation of $272 and $255) 229 226
Goodwill 142 148
Deferred non-insurance warranty acquisition expense 3,653 3,476
Other assets (includes $25 and $— due from Loews Corporation) 2,369 2,261
Total assets 60,215 66,639
Insurance reserves:    
Claim and claim adjustment expenses 24,700 24,174
Unearned premiums 6,195 5,761
Future policy benefits 10,454 13,236
Long term debt 2,780 2,779
Deferred non-insurance warranty revenue 4,706 4,503
Other liabilities (includes $19 and $56 due to Loews Corporation) 3,286 3,377
Total liabilities 52,121 53,830
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; 270,887,022 and 271,363,999 shares outstanding) 683 683
Additional paid-in capital 2,211 2,215
Retained earnings 9,433 9,663
Accumulated other comprehensive (loss) income (4,139) 320
Treasury stock (2,153,221 and 1,676,244 shares), at cost (94) (72)
Total stockholders’ equity 8,094 12,809
Total liabilities and stockholders' equity $ 60,215 $ 66,639