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Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Assets    
Fixed maturities, available for sale, at fair value (amortized cost $74,751 and $68,830; allowance for expected credit losses of $3 and $2) $ 77,810 $ 74,003
Equity securities, at fair value (cost $749 and $415) 893 484
Real estate investments 979 1,026
Short-term securities 3,836 5,511
Other investments 3,857 3,399
Total investments 87,375 84,423
Cash 761 721
Investment income accrued 615 603
Premiums receivable (net of allowance for expected credit losses of $107 and $105) 8,085 7,829
Reinsurance recoverables (net of allowance for estimated uncollectible reinsurance of $141 and $146) 8,452 8,350
Ceded unearned premiums 902 772
Deferred acquisition costs 2,542 2,358
Contractholder receivables (net of allowance for expected credit losses of $21 and $19) 3,890 4,242
Goodwill 4,008 3,976
Other intangible assets 306 317
Other assets 3,530 3,173
Total assets 120,466 116,764
Liabilities    
Claims and claim adjustment expense reserves 56,907 54,521
Unearned premium reserves 16,469 15,222
Contractholder payables 3,911 4,261
Payables for reinsurance premiums 384 356
Deferred taxes 289 558
Debt 7,290 6,550
Other liabilities 6,329 6,095
Total liabilities 91,579 87,563
Shareholders’ equity    
Common stock (1,750.0 shares authorized; 241.2 and 252.4 shares issued and outstanding) 24,154 23,743
Retained earnings 41,555 38,771
Accumulated other comprehensive income 1,193 2,502
Treasury stock, at cost (541.5 and 527.3 shares) (38,015) (35,815)
Total shareholders’ equity 28,887 29,201
Total liabilities and shareholders’ equity $ 120,466 $ 116,764