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Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues:      
Net earned premiums, principally supplemental health insurance $ 15,263 $ 17,647 $ 18,622
Net investment income 3,656 3,818 3,638
Net investment gains (losses) 363 468 (270)
Other income (loss) 220 173 157
Total revenues 19,502 22,106 22,147
Benefits and expenses:      
Benefits and claims, net 9,153 10,576 11,796
Acquisition and operating expenses:      
Amortization of deferred policy acquisition costs 1,152 1,170 1,214
Insurance commissions 1,117 1,256 1,316
Insurance and other expenses [1] 3,250 3,544 3,420
Interest expense 226 238 242
Total acquisition and operating expenses 5,745 6,208 6,192
Total benefits and expenses 14,898 16,784 17,988
Earnings before income taxes 4,604 5,322 4,159
Income Tax Expense:      
Current 1,181 1,095 794
Deferred (778) (98) (1,413)
Total income tax expense 403 997 (619)
Net earnings $ 4,201 $ 4,325 $ 4,778
Net earnings per share:      
Basic (in dollars per share) $ 6.62 $ 6.42 $ 6.69
Diluted (in dollars per share) $ 6.59 $ 6.39 $ 6.67
Weighted-average outstanding common shares used in computing earnings per share (In thousands):      
Basic (in shares) 634,816 673,617 713,702
Diluted (in shares) 637,655 676,729 716,192
Cash dividends per share $ 1.60 $ 1.32 $ 1.12
[1] Includes expense of $48 in 2021 and $15 in 2020 for the early extinguishment of debt.