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Consolidated Balance Sheet (Unaudited at June 30, 2020) - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Assets    
Fixed maturities, available for sale, at fair value (amortized cost $65,430 and $65,281; allowance for expected credit losses of $8 at June 30, 2020) $ 70,054 $ 68,134
Equity securities, at fair value (cost $378 and $376) 390 425
Real estate investments 962 963
Short-term securities 6,087 4,943
Other investments 3,108 3,419
Total investments 80,601 77,884
Cash 623 494
Investment income accrued 596 618
Premiums receivable (net of allowance for expected credit losses of $94 at June 30, 2020) 8,459 7,909
Reinsurance recoverables (net of allowance for estimated uncollectible reinsurance of $156 at June 30, 2020) 8,093 8,235
Ceded unearned premiums 945 689
Deferred acquisition costs 2,367 2,273
Contractholder receivables (net of allowance for expected credit losses of $22 at June 30, 2020) 4,314 4,599
Goodwill 3,925 3,961
Other intangible assets 319 330
Other assets 3,095 3,130
Total assets 113,337 110,122
Liabilities    
Claims and claim adjustment expense reserves 53,109 51,849
Unearned premium reserves 15,198 14,604
Contractholder payables 4,336 4,619
Payables for reinsurance premiums 567 363
Deferred taxes 409 137
Debt 7,049 6,558
Other liabilities 5,726 6,049
Total liabilities 86,394 84,179
Shareholders’ equity    
Common stock (1,750.0 shares authorized; 253.2 and 255.5 shares issued and outstanding) 23,606 23,469
Retained earnings 37,069 36,977
Accumulated other comprehensive income 1,882 640
Treasury stock, at cost (525.9 and 522.1 shares) (35,614) (35,143)
Total shareholders’ equity 26,943 25,943
Total liabilities and shareholders’ equity $ 113,337 $ 110,122