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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Assets      
Fixed maturities, available for sale, at fair value (amortized cost $65,281 and $63,601) $ 68,134 $ 63,464  
Equity securities, at fair value (cost $376 and $382) 425 368  
Real estate investments 963 904  
Short-term securities 4,943 3,985  
Other investments 3,419 3,557  
Total investments 77,884 72,278  
Cash 494 373  
Investment income accrued 618 624  
Premiums receivable 7,909 7,506  
Reinsurance recoverables 8,235 8,370  
Ceded unearned premiums 689 578  
Deferred acquisition costs 2,273 2,120  
Deferred taxes 0 445  
Contractholder receivables 4,619 4,785  
Goodwill 3,961 3,937  
Other intangible assets 330 345  
Other assets 3,110 2,872  
Total assets 110,122 104,233  
Liabilities      
Claims and claim adjustment expense reserves 51,849 50,668  
Unearned premium reserves 14,604 13,555  
Contractholder payables 4,619 4,785  
Payables for reinsurance premiums 363 289  
Deferred taxes 137 0  
Debt 6,558 6,564  
Other liabilities 6,049 5,478  
Total liabilities 84,179 81,339  
Shareholders’ equity      
Common stock (1,750.0 shares authorized; 255.5 and 263.7 shares issued, 255.5 and 263.6 shares outstanding) 23,469 23,144  
Retained earnings 36,977 35,204  
Accumulated other comprehensive income (loss) 640 (1,859)  
Treasury stock, at cost (522.1 and 510.9 shares) (35,143) (33,595)  
Total shareholders’ equity 25,943 22,894 $ 23,731
Total liabilities and shareholders’ equity $ 110,122 $ 104,233