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UNAUDITED CONSOLIDATED QUARTERLY FINANCIAL DATA
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
UNAUDITED CONSOLIDATED QUARTERLY FINANCIAL DATA
UNAUDITED CONSOLIDATED QUARTERLY FINANCIAL DATA

In management's opinion, the following quarterly financial information fairly presents the results of operations for such periods and is prepared on a basis consistent with our annual audited financial statements.
 
(In millions, except for per-share amounts)
March 31,
2016
 
June 30,
2016
 
September 30,
2016
 
December 31,
2016
Net premium income
 
$
4,602

 
 
 
$
4,823

 
 
 
$
5,022

 
 
 
$
4,778

 
Net investment income
 
801

 
 
 
822

 
 
 
842

 
 
 
813

 
Realized investment gains (losses)
 
73

 
 
 
(187
)
 
 
 
(146
)
 
 
 
137

 
Other income (loss)
 
(25
)
 
 
 
(21
)
 
 
 
(2
)
 
 
 
227

 
Total revenues
 
5,451

 
 
 
5,437

 
 
 
5,716

 
 
 
5,955

 
Total benefits and expenses
 
4,334

 
 
 
4,603

 
 
 
4,753

 
 
 
4,802

 
Earnings before income taxes
 
1,117

 
 
 
834

 
 
 
963

 
 
 
1,153

 
Total income tax
 
386

 
 
 
286

 
 
 
334

 
 
 
402

 
Net earnings
 
$
731

 
 
 
$
548

 
 
 
$
629

 
 
 
$
751

 
Net earnings per basic share
 
$
1.75

 
 
 
$
1.33

 
 
 
$
1.54

 
 
 
$
1.85

 
Net earnings per diluted share
 
1.74

 
 
 
1.32

 
 
 
1.53

 
 
 
1.84

 
Quarterly amounts may not agree in total to the corresponding annual amounts due to rounding.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(In millions, except for per-share amounts)
March 31,
2015
 
June 30,
2015
 
September 30,
2015
 
December 31,
2015
Net premium income
 
$
4,432

 
 
 
$
4,364

 
 
 
$
4,380

 
 
 
$
4,394

 
Net investment income
 
782

 
 
 
777

 
 
 
784

 
 
 
792

 
Realized investment gains (losses)
 
13

 
 
 
127

 
 
 
(114
)
 
 
 
114

 
Other income (loss)
 
(1
)
 
 
 
19

 
 
 
(10
)
 
 
 
19

 
Total revenues
 
5,226

 
 
 
5,287

 
 
 
5,040

 
 
 
5,319

 
Total benefits and expenses
 
4,213

 
 
 
4,413

 
 
 
4,176

 
 
 
4,209

 
Earnings before income taxes
 
1,013

 
 
 
874

 
 
 
864

 
 
 
1,110

 
Total income tax
 
350

 
 
 
301

 
 
 
297

 
 
 
380

 
Net earnings
 
$
663

 
 
 
$
573

 
 
 
$
567

 
 
 
$
730

 
Net earnings per basic share
 
$
1.52

 
 
 
$
1.33

 
 
 
$
1.32

 
 
 
$
1.72

 
Net earnings per diluted share
 
1.51

 
 
 
1.32

 
 
 
1.32

 
 
 
1.71

 

Quarterly amounts may not agree in total to the corresponding annual amounts due to rounding.