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Consolidated Statement of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues        
Premiums $ 9,718 $ 8,615 $ 27,788 $ 24,946
Net investment income 769 593 2,144 1,937
Fee income 112 104 324 307
Net realized investment losses (65) (93) (94) (211)
Other revenues 101 84 275 269
Total revenues 10,635 9,303 30,437 27,248
Claims and expenses        
Claims and claim adjustment expenses 7,149 6,088 20,335 16,930
Amortization of deferred acquisition costs 1,604 1,406 4,585 4,081
General and administrative expenses 1,312 1,193 3,887 3,607
Interest expense 98 88 278 263
Total claims and expenses 10,163 8,775 29,085 24,881
Income before income taxes 472 528 1,352 2,367
Income tax expense (benefit) 68 74 (13) 344
Net income $ 404 $ 454 $ 1,365 $ 2,023
Net income per share        
Basic (in dollars per share) $ 1.75 $ 1.91 $ 5.89 $ 8.43
Diluted (in dollars per share) $ 1.74 $ 1.89 $ 5.83 $ 8.34
Weighted average number of common shares outstanding        
Basic (in shares) 228.8 235.4 230.0 238.3
Diluted (in shares) 231.1 237.9 232.5 240.9
Cash dividends declared per common share (in dollars per share) $ 1.00 $ 0.93 $ 2.93 $ 2.74