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Consolidated Statements Of Comprehensive Income (Loss) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues        
Insurance premiums $ 1,398 $ 1,342 $ 2,804 $ 2,715
Fee income 1,670 1,458 3,262 2,997
Net investment income 1,584 1,172 3,094 2,547
Realized gain (loss) (2) (647) (182) (671)
Amortization of deferred gain on business sold through reinsurance 9 11 17 22
Other revenues 192 181 391 332
Total revenues 4,851 3,517 9,386 7,942
Expenses        
Interest credited 737 732 1,474 1,457
Benefits 1,930 1,725 4,156 4,227
Commissions and other expenses 1,326 1,123 2,556 2,207
Interest and debt expense 65 84 131 152
Strategic digitization expense 21 14 35 26
Total expenses 4,079 3,678 8,352 8,069
Income (loss) before taxes 772 (161) 1,034 (127)
Federal income tax expense (benefit) 130 (67) 167 (85)
Net income (loss) 642 (94) 867 (42)
Other comprehensive income (loss), net of tax 1,718 4,319 (1,452) 1,650
Comprehensive income (loss) $ 2,360 $ 4,225 $ (585) $ 1,608
Net Income (Loss) Per Common Share        
Basic (in dollars per share) $ 3.38 $ (0.49) $ 4.54 $ (0.22)
Diluted (in dollars per share) 3.34 (0.49) 4.51 (0.27)
Cash Dividends Declared Per Common Share $ 0.42 $ 0.40 $ 0.84 $ 0.80