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Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Net earned premiums, principally supplemental health insurance $ 17,647 $ 18,622 $ 18,780
Net investment income 3,818 3,638 3,578
Net investment gains (losses) 468 (270) (135)
Other income (loss) 173 157 84
Total revenues 22,106 22,147 22,307
Benefits and expenses:      
Benefits and claims, net 10,576 11,796 11,942
Acquisition and operating expenses:      
Amortization of deferred policy acquisition costs 1,170 1,214 1,282
Insurance commissions 1,256 1,316 1,321
Insurance and other expenses [1] 3,544 3,420 3,089
Interest expense 238 242 228
Total acquisition and operating expenses 6,208 6,192 5,920
Total benefits and expenses 16,784 17,988 17,862
Earnings before income taxes 5,322 4,159 4,445
Income Tax Expense:      
Current 1,095 794 806
Deferred (98) (1,413) 335
Total income tax expense 997 (619) 1,141
Net earnings $ 4,325 $ 4,778 $ 3,304
Net earnings per share:      
Basic (in dollars per share) $ 6.42 $ 6.69 $ 4.45
Diluted (in dollars per share) $ 6.39 $ 6.67 $ 4.43
Weighted-average outstanding common shares used in computing earnings per share (In thousands):      
Basic (in shares) 673,617 713,702 742,414
Diluted (in shares) 676,729 716,192 746,430
Cash dividends per share $ 1.32 $ 1.12 $ 1.08
[1] Includes expense of $48 in 2021 and $15 in 2020 for the early extinguishment of debt.