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CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Investments:    
Fixed maturities, amortized cost of $38,059 and $38,157, less allowance for credit loss of $49 and $0 $ 40,124 $ 42,240
Equity securities, cost of $1,446 and $1,244 1,182 1,306
Limited partnership investments 1,730 2,004
Other invested assets, primarily mortgage loans, less allowance for credit loss of $20 and $0 1,101 1,072
Short term investments 3,705 4,628
Total investments 47,842 51,250
Cash 939 336
Receivables 8,136 7,675
Property, plant and equipment 14,751 15,568
Goodwill 763 767
Deferred non-insurance warranty acquisition expenses 2,905 2,840
Deferred acquisition costs of insurance subsidiaries 683 662
Other assets 3,235 3,145
Total assets 79,254 82,243
Insurance reserves:    
Claim and claim adjustment expense 21,872 21,720
Future policy benefits 11,734 12,311
Unearned premiums 4,745 4,583
Total insurance reserves 38,351 38,614
Payable to brokers 249 108
Short term debt 2,460 77
Long term debt 9,508 11,456
Deferred income taxes 858 1,168
Deferred non-insurance warranty revenue 3,848 3,779
Other liabilities 4,802 5,111
Total liabilities 60,076 60,313
Commitments and contingent liabilities
Preferred stock, $0.10 par value: Authorized - 100,000,000 shares
Common stock, $0.01 par value: Authorized - 1,800,000,000 shares Issued - 291,381,794 and 291,210,222 shares 3 3
Additional paid-in capital 3,347 3,374
Retained earnings 15,167 15,823
Accumulated other comprehensive loss (1,093) (68)
Shareholders' equity before treasury stock, total 17,424 19,132
Less treasury stock, at cost (9,951,322 and 240,000 shares) (458) (13)
Total shareholders' equity 16,966 19,119
Noncontrolling interests 2,212 2,811
Total equity 19,178 21,930
Total liabilities and equity $ 79,254 $ 82,243