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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Assets    
Fixed maturities, available for sale, at fair value (amortized cost $68,830 and $65,281; allowance for expected credit losses of $2 at December 31, 2020) $ 74,003 $ 68,134
Equity securities, at fair value (cost $387 and $376) 453 425
Real estate investments 1,026 963
Short-term securities 5,511 4,943
Other investments 3,430 3,419
Total investments 84,423 77,884
Cash 721 494
Investment income accrued 603 618
Premiums receivable (net of allowance for expected credit losses of $105 at December 31, 2020) 7,829 7,909
Reinsurance recoverables (net of allowance for estimated uncollectible reinsurance of $146 at December 31, 2020) 8,350 8,235
Ceded unearned premiums 772 689
Deferred acquisition costs 2,358 2,273
Contractholder receivables (net of allowance for expected credit losses of $19 at December 31, 2020) 4,242 4,599
Goodwill 3,976 3,961
Other intangible assets 317 330
Other assets 3,173 3,130
Total assets 116,764 110,122
Liabilities    
Claims and claim adjustment expense reserves 54,521 51,849
Unearned premium reserves 15,222 14,604
Contractholder payables 4,261 4,619
Payables for reinsurance premiums 356 363
Deferred taxes 558 137
Debt 6,550 6,558
Other liabilities 6,095 6,049
Total liabilities 87,563 84,179
Shareholders’ equity    
Common stock (1,750.0 shares authorized; 252.4 and 255.5 shares issued and outstanding) 23,743 23,469
Retained earnings 38,771 36,977
Accumulated other comprehensive income 2,502 640
Treasury stock, at cost (527.3 and 522.1 shares) (35,815) (35,143)
Total shareholders’ equity 29,201 25,943
Total liabilities and shareholders’ equity $ 116,764 $ 110,122