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Consolidated Balance Sheet (Unaudited at March 31, 2023) - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Assets    
Fixed maturities, available for sale, at fair value (amortized cost $77,827 and $77,380; allowance for expected credit losses of $4 and $3) $ 72,914 $ 71,160
Equity securities, at fair value (cost $592 and $747) 649 807
Real estate investments 953 952
Short-term securities 3,243 3,470
Other investments 4,276 4,065
Total investments 82,035 80,454
Cash 767 799
Investment income accrued 594 650
Premiums receivable (net of allowance for expected credit losses of $77 and $77) 9,483 8,922
Reinsurance recoverables (net of allowance for estimated uncollectible reinsurance of $131 and $132) 8,091 8,063
Ceded unearned premiums 1,360 1,024
Deferred acquisition costs 3,005 2,836
Deferred taxes 1,568 1,877
Contractholder receivables (net of allowance for expected credit losses of $19 and $17) 3,598 3,579
Goodwill 3,959 3,952
Other intangible assets 285 287
Other assets 3,607 3,274
Total assets 118,352 115,717
Liabilities    
Claims and claim adjustment expense reserves 59,064 58,649
Unearned premium reserves 19,143 18,240
Contractholder payables 3,617 3,596
Payables for reinsurance premiums 761 419
Debt 7,292 7,292
Other liabilities 5,423 5,961
Total liabilities 95,300 94,157
Shareholders’ equity    
Common stock (1,750.0 shares authorized; 231.0 and 232.1 shares issued and outstanding) 24,703 24,565
Retained earnings 44,273 43,516
Accumulated other comprehensive loss (5,386) (6,445)
Treasury stock, at cost (556.0 and 553.5 shares) (40,538) (40,076)
Total shareholders’ equity 23,052 21,560
Total liabilities and shareholders’ equity $ 118,352 $ 115,717