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Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues:      
Net premiums, principally supplemental health insurance $ 18,780 $ 18,677 $ 18,531
Net investment income 3,578 3,442 3,220
Realized investment gains (losses):      
Other-than-temporary impairment losses realized and loan loss reserves (31) (81) (37)
Other gains (losses) (104) (349) (114)
Total realized investment gains (losses) (135) (430) (151)
Other income (loss) 84 69 67
Total revenues 22,307 21,758 21,667
Benefits and expenses:      
Benefits and claims, net 11,942 12,000 12,181
Acquisition and operating expenses:      
Amortization of deferred policy acquisition costs 1,282 1,245 1,132
Insurance commissions 1,321 1,320 1,316
Insurance and other expenses 3,089 2,988 2,780 [1]
Interest expense 228 222 240
Total acquisition and operating expenses 5,920 5,775 5,468
Total benefits and expenses 17,862 17,775 17,649
Earnings before income taxes 4,445 3,983 4,018
Income Tax Expense:      
Current 806 1,379 631
Deferred 335 (316) (1,217)
Total income tax expense 1,141 1,063 (586)
Net earnings $ 3,304 $ 2,920 $ 4,604
Net earnings per share:      
Basic (in dollars per share) $ 4.45 $ 3.79 $ 5.81
Diluted (in dollars per share) $ 4.43 $ 3.77 $ 5.77
Weighted-average outstanding common shares used in computing earnings per share (In thousands):      
Basic (in shares) 742,414 769,588 792,042
Diluted (in shares) 746,430 774,650 797,861
5.50% subordinated notes due September 2052      
Expense on extinguishment of debt     $ 13
[1] Includes expense of $13 in 2017 for the early extinguishment of debt