Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions		Mar. 31, 2023	Dec. 31, 2022
Investments:
Fixed maturity securities at fair value (amortized cost of $41,660 and $41,032, less allowance for credit loss of $2 and $1)		$ 39,107	$ 37,627	[1]
Equity securities at fair value (cost of $708 and $703)		682	674	[1]
Limited partnership investments		1,982	1,926	[1]
Other invested assets		79	78	[1]
Mortgage loans (less allowance for uncollectible receivables of $24 and $24)		1,006	1,040	[1]
Short term investments		1,167	1,832	[1]
Total investments		44,023	43,177	[1]
Cash		483	475	[1]
Reinsurance receivables (less allowance for uncollectible receivables of $22 and $22)		5,484	5,416	[1]
Insurance receivables (less allowance for uncollectible receivables of $29 and $29)		3,126	3,158	[1]
Accrued investment income		415	402	[1]
Deferred acquisition costs		852	806	[1]
Deferred income taxes		1,157	1,251	[1]
Property and equipment at cost (less accumulated depreciation of $289 and $280)		232	226	[1]
Goodwill		145	144	[1]
Deferred non-insurance warranty acquisition expense		3,671	3,671	[1]
Other assets (includes $— and $18 due from Loews Corporation)		2,467	2,274	[1]
Total assets		62,055	61,000	[1]
Insurance reserves:
Claim and claim adjustment expenses		22,409	22,120	[1]
Unearned premiums		6,581	6,374	[1]
Future policy benefits		13,976	13,480	[1]
Short term debt		243	243	[1]
Long term debt		2,539	2,538	[1]
Deferred non-insurance warranty revenue		4,710	4,714	[1]
Other liabilities (includes $32 and $26 due to Loews Corporation)		2,930	2,983	[1]
Total liabilities		53,388	52,452	[1]
Commitments and contingencies (Notes B and F)	[1]
Stockholders' Equity
Common stock ($2.50 par value; 500,000,000 shares authorized; 273,040,243 shares issued; 270,852,335 and 270,895,902 shares outstanding)		683	683	[1]
Additional paid-in capital		2,196	2,220	[1]
Retained earnings		9,191	9,336	[1]
Accumulated other comprehensive loss		(3,308)	(3,598)	[1]
Treasury stock (2,187,908 and 2,144,341 shares), at cost		(95)	(93)	[1]
Total stockholders’ equity		8,667	8,548	[1]
Total liabilities and stockholders' equity		$ 62,055	$ 61,000	[1]

[1] As of January 1, 2023, the Company adopted ASU 2018-12 using the modified retrospective method applied as of the transition date of January 1, 2021. Prior period amounts in the financial statements have been adjusted to reflect application of the new guidance. See Note A to the Condensed Consolidated Financial Statements for additional information.