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Consolidated Balance Sheet (Unaudited at September 30, 2023) - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Assets    
Fixed maturities, available for sale, at fair value (amortized cost $80,792 and $77,380; allowance for expected credit losses of $4 and $3) $ 72,584 $ 71,160
Equity securities, at fair value (cost $546 and $747) 573 807
Real estate investments 960 952
Short-term securities 4,488 3,470
Other investments 4,351 4,065
Total investments 82,956 80,454
Cash 593 799
Investment income accrued 623 650
Premiums receivable (net of allowance for expected credit losses of $68 and $77) 10,345 8,922
Reinsurance recoverables (net of allowance for estimated uncollectible reinsurance of $121 and $132) 8,267 8,063
Ceded unearned premiums 1,389 1,024
Deferred acquisition costs 3,330 2,836
Deferred taxes 2,393 1,877
Contractholder receivables (net of allowance for expected credit losses of $20 and $17) 3,467 3,579
Goodwill 3,955 3,952
Other intangible assets 278 287
Other assets 3,788 3,274
Total assets 121,384 115,717
Liabilities    
Claims and claim adjustment expense reserves 61,709 58,649
Unearned premium reserves 21,058 18,240
Contractholder payables 3,487 3,596
Payables for reinsurance premiums 807 419
Debt 8,031 7,292
Other liabilities 6,314 5,961
Total liabilities 101,406 94,157
Shareholders’ equity    
Common stock (1,750.0 shares authorized; 228.4 and 232.1 shares issued and outstanding) 24,831 24,565
Retained earnings 44,198 43,516
Accumulated other comprehensive loss (8,012) (6,445)
Treasury stock, at cost (558.8 and 553.5 shares) (41,039) (40,076)
Total shareholders’ equity 19,978 21,560
Total liabilities and shareholders’ equity $ 121,384 $ 115,717