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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Investments:    
Fixed maturities, amortized cost of $41,102 and $39,952, less allowance for credit loss of $1 and $18 $ 37,697 $ 44,380
Equity securities, cost of $1,161 and $1,546 1,139 1,674
Limited partnership investments 1,954 1,933
Other invested assets, primarily mortgage loans, less allowance for credit loss of $24 and $16 1,124 1,091
Short term investments 4,854 4,860
Total investments 46,768 53,938
Cash 532 621
Receivables 9,403 9,273
Property, plant and equipment 10,027 9,888
Goodwill 346 349
Deferred non-insurance warranty acquisition expenses 3,671 3,476
Deferred acquisition costs of insurance subsidiaries 806 737
Other assets 3,941 3,344
Total assets 75,494 81,626
Insurance reserves:    
Claim and claim adjustment expense 25,099 24,174
Future policy benefits 10,151 13,236
Unearned premiums 6,374 5,761
Total insurance reserves 41,624 43,171
Payable to brokers 133 90
Short term debt 854 93
Long term debt 8,165 8,986
Deferred income taxes 243 1,079
Deferred non-insurance warranty revenue 4,714 4,503
Other liabilities 4,283 4,529
Total liabilities 60,016 62,451
Commitments and contingent liabilities
Shareholders’ equity:    
Preferred stock
Common stock 2 2
Additional paid-in capital 2,748 2,885
Retained earnings 15,144 14,776
Accumulated other comprehensive income (loss) (3,284) 186
Shareholders' equity before treasury stock, total 14,610 17,849
Less treasury stock, at cost (198,875 and 50,000 shares) (12) (3)
Total shareholders’ equity 14,598 17,846
Noncontrolling interests 880 1,329
Total equity 15,478 19,175
Total liabilities and equity $ 75,494 $ 81,626