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Consolidated Statements of Shareholders' Equity - USD ($)
$ in Millions
Total
Common stock
Additional paid-in capital
Retained earnings
Accumulated other comprehensive income (loss)
Treasury stock
Balance, beginning of period at Dec. 31, 2020 $ 33,559 $ 135 $ 2,410 $ 37,984 $ 8,934 $ (15,904)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 1,293 0 0 1,293 0 0
Unrealized foreign currency translation gains (losses) during period, net of income taxes (565) 0 0 0 (565) 0
Unrealized gains (losses) on fixed maturity securities during period, net of income taxes and reclassification adjustments (1,567) 0 0 0 (1,567) 0
Unrealized gains (losses) on derivatives during period, net of income taxes 1 0 0 0 1 0
Pension liability adjustment during period, net of income taxes 4 0 0 0 4 0
Dividends to shareholders [1] 0 0 0 0 0 0
Exercise of stock options 9 0 9 0 0 0
Share-based compensation 9 0 9 0 0 0
Purchases of treasury stock (668) 0 0 0 0 (668)
Treasury stock reissued 28 0 10 0 0 18
Balance, end of period at Mar. 31, 2021 32,103 135 2,438 39,277 6,807 (16,554)
Balance, beginning of period at Dec. 31, 2020 33,559 135 2,410 37,984 8,934 (15,904)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 2,398          
Balance, end of period at Jun. 30, 2021 33,735 135 2,465 40,162 8,019 (17,046)
Balance, beginning of period at Mar. 31, 2021 32,103 135 2,438 39,277 6,807 (16,554)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 1,105 0 0 1,105 0 0
Unrealized foreign currency translation gains (losses) during period, net of income taxes 13 0 0 0 13 0
Unrealized gains (losses) on fixed maturity securities during period, net of income taxes and reclassification adjustments 1,198 0 0 0 1,198 0
Unrealized gains (losses) on derivatives during period, net of income taxes 0 0 0 0 0 0
Pension liability adjustment during period, net of income taxes 1 0 0 0 1 0
Dividends to shareholders [1] (220) 0 0 (220) 0 0
Exercise of stock options 2 0 2 0 0 0
Share-based compensation 20 0 20 0 0 0
Purchases of treasury stock (500) 0 0 0 0 (500)
Treasury stock reissued 13 0 5 0 0 8
Balance, end of period at Jun. 30, 2021 33,735 135 2,465 40,162 8,019 (17,046)
Balance, beginning of period at Dec. 31, 2021 33,253 135 2,529 41,381 7,393 (18,185)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 1,032 0 0 1,032 0 0
Unrealized foreign currency translation gains (losses) during period, net of income taxes (469) 0 0 0 (469) 0
Unrealized gains (losses) on fixed maturity securities during period, net of income taxes and reclassification adjustments (3,815) 0 0 0 (3,815) 0
Unrealized gains (losses) on derivatives during period, net of income taxes 1 0 0 0 1 0
Pension liability adjustment during period, net of income taxes 3 0 0 0 3 0
Dividends to shareholders [1] 0 0 0 0 0 0
Exercise of stock options 6 0 6 0 0 0
Share-based compensation 13 0 13 0 0 0
Purchases of treasury stock (523) 0 0 0 0 (523)
Treasury stock reissued 26 0 12 0 0 14
Balance, end of period at Mar. 31, 2022 29,527 135 2,560 42,413 3,113 (18,694)
Balance, beginning of period at Dec. 31, 2021 33,253 135 2,529 41,381 7,393 (18,185)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 2,420          
Balance, end of period at Jun. 30, 2022 26,387 135 2,589 43,547 (548) (19,336)
Balance, beginning of period at Mar. 31, 2022 29,527 135 2,560 42,413 3,113 (18,694)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 1,388 0 0 1,388 0 0
Unrealized foreign currency translation gains (losses) during period, net of income taxes (807) 0 0 0 (807) 0
Unrealized gains (losses) on fixed maturity securities during period, net of income taxes and reclassification adjustments (2,857) 0 0 0 (2,857) 0
Unrealized gains (losses) on derivatives during period, net of income taxes 0 0 0 0 0 0
Pension liability adjustment during period, net of income taxes 3 0 0 0 3 0
Dividends to shareholders [1] (254) 0 0 (254) 0 0
Exercise of stock options 1 0 1 0 0 0
Share-based compensation 19 0 19 0 0 0
Purchases of treasury stock (650) 0 0 0 0 (650)
Treasury stock reissued 17 0 9 0 0 8
Balance, end of period at Jun. 30, 2022 $ 26,387 $ 135 $ 2,589 $ 43,547 $ (548) $ (19,336)
[1] Dividends to shareholders are recorded in the period in which they are declared.