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Consolidated Balance Sheet (Unaudited at September 30, 2022) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Assets    
Fixed maturities, available for sale, at fair value (amortized cost $76,471 and $74,751; allowance for expected credit losses of $3 and $3) $ 68,450 $ 77,810
Equity securities, at fair value (cost $757 and $749) 774 893
Real estate investments 954 979
Short-term securities 3,927 3,836
Other investments 4,008 3,857
Total investments 78,113 87,375
Cash 773 761
Investment income accrued 583 615
Premiums receivable (net of allowance for expected credit losses of $86 and $107) 8,886 8,085
Reinsurance recoverables (net of allowance for estimated uncollectible reinsurance of $133 and $141) 8,202 8,452
Ceded unearned premiums 1,199 902
Deferred acquisition costs 2,858 2,542
Deferred taxes 2,175 0
Contractholder receivables (net of allowance for expected credit losses of $18 and $21) 3,749 3,890
Goodwill 3,922 4,008
Other intangible assets 287 306
Other assets 3,570 3,530
Total assets 114,317 120,466
Liabilities    
Claims and claim adjustment expense reserves 58,138 56,907
Unearned premium reserves 18,364 16,469
Contractholder payables 3,767 3,911
Payables for reinsurance premiums 629 384
Deferred taxes 0 289
Debt 7,291 7,290
Other liabilities 6,222 6,329
Total liabilities 94,411 91,579
Shareholders’ equity    
Common stock (1,750.0 shares authorized; 234.3 and 241.2 shares issued and outstanding) 24,472 24,154
Retained earnings 42,917 41,555
Accumulated other comprehensive income (loss) (7,908) 1,193
Treasury stock, at cost (550.8 and 541.5 shares) (39,575) (38,015)
Total shareholders’ equity 19,906 28,887
Total liabilities and shareholders’ equity $ 114,317 $ 120,466