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Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Net premiums, principally supplemental health insurance $ 5,022 $ 4,380 $ 14,447 $ 13,176
Net investment income 842 784 2,465 2,343
Realized investment gains (losses):        
Other-than-temporary impairment losses realized [1] (22) (137) (69) (143)
Sales and redemptions (17) 26 87 186
Derivative and other gains (losses) (107) (3) (278) (17)
Total realized investment gains (losses) (146) (114) (260) 26
Other income (loss) (2) (10) (48) 8
Total revenues 5,716 5,040 16,604 15,553
Benefits and expenses:        
Benefits and claims, net 3,378 2,927 9,657 8,816
Acquisition and operating expenses:        
Amortization of deferred policy acquisition costs 282 258 858 790
Insurance commissions 353 326 1,031 981
Insurance expenses 625 554 1,801 1,634
Interest expense 65 67 196 224
Other expenses 50 44 147 356 [2]
Total acquisition and operating expenses 1,375 1,249 4,033 3,985
Total benefits and expenses 4,753 4,176 13,690 12,801
Earnings before income taxes 963 864 2,914 2,752
Income taxes 334 297 1,006 949
Net earnings $ 629 $ 567 $ 1,908 $ 1,803
Net earnings per share:        
Basic (in dollars per share) $ 1.54 $ 1.32 $ 4.62 $ 4.17
Diluted (in dollars per share) $ 1.53 $ 1.32 $ 4.59 $ 4.14
Weighted-average outstanding common shares used in computing earnings per share (In thousands):        
Basic (in shares) 408,519 428,735 413,023 432,540
Diluted (in shares) 411,140 431,102 415,446 435,064
Cash dividends per share $ 0.41 $ 0.39 $ 1.23 $ 1.17
8.50% senior notes due May 2019        
Extinguishment of debt, make-whole premium       $ 230
[1] Includes $22 and $6 for the three-month periods and $69 and $12 for the nine-month periods ended September 30, 2016 and 2015, respectively, from change in intent to sell securities or change in intent to hold securities until recovery; and $131 for the three- and nine-month periods ended September 30, 2015, for credit-related impairments
[2] Includes expense of $230 for the make-whole payment associated with the early extinguishment of debt