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UNAUDITED CONSOLIDATED QUARTERLY FINANCIAL DATA
12 Months Ended
Dec. 31, 2019
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 the Company's annual audited financial statements.
 
(In millions, except for per-share amounts)
March 31,
2019
 
June 30,
2019
 
September 30,
2019
 
December 31,
2019
Net premium income
 
$
4,691

 
 
 
$
4,681

 
 
 
$
4,736

 
 
 
$
4,671

 
Net investment income
 
878

 
 
 
878

 
 
 
936

 
 
 
886

 
Realized investment gains (losses)
 
71

 
 
 
(66
)
 
 
 
(153
)
 
 
 
12

 
Other income (loss)
 
17

 
 
 
18

 
 
 
17

 
 
 
34

 
Total revenues
 
5,657

 
 
 
5,511

 
 
 
5,536

 
 
 
5,603

 
Total benefits and expenses
 
4,415

 
 
 
4,402

 
 
 
4,500

 
 
 
4,545

 
Earnings before income taxes
 
1,242

 
 
 
1,109

 
 
 
1,036

 
 
 
1,058

 
Total income tax
 
314

 
 
 
292

 
 
 
259

 
 
 
276

 
Net earnings
 
$
928

 
 
 
$
817

 
 
 
$
777

 
 
 
$
782

 
Net earnings per basic share
 
$
1.23

 
 
 
$
1.10

 
 
 
$
1.05

 
 
 
$
1.07

 
Net earnings per diluted share
 
1.23

 
 
 
1.09

 
 
 
1.04

 
 
 
1.06

 
Quarterly amounts may not agree in total to the corresponding annual amounts due to rounding.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(In millions, except for per-share amounts)
March 31,
2018
 
June 30,
2018
 
September 30,
2018
 
December 31,
2018
Net premium income
 
$
4,745

 
 
 
$
4,706

 
 
 
$
4,636

 
 
 
$
4,591

 
Net investment income
 
837

 
 
 
862

 
 
 
870

 
 
 
874

 
Realized investment gains (losses)
 
(134
)
 
 
 
3

 
 
 
56

 
 
 
(355
)
 
Other income (loss)
 
16

 
 
 
18

 
 
 
15

 
 
 
16

 
Total revenues
 
5,464

 
 
 
5,589

 
 
 
5,577

 
 
 
5,126

 
Total benefits and expenses
 
4,482

 
 
 
4,458

 
 
 
4,431

 
 
 
4,404

 
Earnings before income taxes
 
982

 
 
 
1,131

 
 
 
1,146

 
 
 
722

 
Total income tax
 
265

 
 
 
299

 
 
 
301

 
 
 
197

 
Net earnings
 
$
717

 
 
 
$
832

 
 
 
$
845

 
 
 
$
525

 
Net earnings per basic share
 
$
.92

 
 
 
$
1.08

 
 
 
$
1.10

 
 
 
$
.69

 
Net earnings per diluted share
 
.91

 
 
 
1.07

 
 
 
1.09

 
 
 
.69

 

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