XML 84 R2.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Earnings (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues:      
Net Premiums, principally supplemental health insurance $ 20,135 $ 22,148 $ 20,362
Net investment income 3,293 3,473 3,280
Realized investment gains (losses):      
Other-than-temporary impairment losses realized (199) [1] (977) [1] (1,901) [1]
Sales and redemptions 262 474 594
Derivative and other gains (losses) 336 154 (245)
Total realized investment gains (losses) 399 (349) (1,552)
Other income 112 92 81
Total revenues 23,939 25,364 22,171
Benefits and expenses:      
Benefits and claims, net 13,813 15,330 13,749
Acquisition and operating expenses:      
Amortization of deferred policy acquisition costs 1,074 1,117 1,033
Insurance commissions 1,528 1,744 1,725
Insurance expenses 2,222 2,415 2,336
Interest expense 293 261 196
Other operating expenses 193 195 182
Total acquisition and operating expenses 5,310 5,732 5,472
Total benefits and expenses 19,123 21,062 19,221
Earnings before income taxes 4,816 4,302 2,950
Income Tax Expense:      
Current 1,236 816 891
Deferred 422 620 122
Total income tax expense 1,658 1,436 1,013
Net earnings $ 3,158 $ 2,866 $ 1,937
Net earnings per share:      
Basic (in dollars per share) $ 6.80 $ 6.14 $ 4.16
Diluted (in dollars per share) $ 6.76 $ 6.11 $ 4.12
Weighted-average outstanding common shares used in computing earnings per share (In thousands):      
Basic (in shares) 464,502 466,868 466,519
Diluted (in shares) 467,408 469,287 469,370
[1] Includes $45, $597 and $1,286 for the years ended December 31, 2013, 2012 and 2011, respectively, for credit-related impairments; $26 and $27 for the years ended December 31, 2013 and 2012, respectively, for impairments due to severity and duration of decline in fair value; and $128, $353 and $615 for the years ended December 31, 2013, 2012 and 2011, respectively, from change in intent to sell securities