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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues        
Premiums Earned, Net $ 3,404 $ 3,337 $ 10,117 $ 9,958
Fee income 448 524 1,376 1,522
Net investment income (loss):        
Net Investment Income (Loss) 730 810 2,335 2,402
Net realized capital gains (losses):        
Total other-than-temporary impairment (OTTI) losses (42) (15) (67) (46)
Other than Temporary Impairment Losses, Investments, Reclassification Adjustment of Noncredit Portion Included in Net Income, Availabe-for-sale Securities, before Tax 2 1 4 3
Net OTTI losses recognized in earnings (40) (14) (63) (43)
Gain (Loss) on Investments, Excluding Other than Temporary Impairments (4) 83 33 73
Total Realized Investment Gains (Losses) (44) 69 (30) 30
Other revenues 24 29 66 85
Total revenues 4,562 4,769 13,864 13,997
Benefits, losses and expenses        
Benefits, losses and loss adjustment expenses 2,710 2,624 8,085 8,223
Amortization of deferred policy acquisition costs and present value of future profits     1,212 1,348
Insurance operating costs and other expenses 971 976 2,829 2,889
Interest expense 88 93 271 282
Total benefits, losses and expenses 4,183 4,273 12,390 12,742
Gains (Losses) on Extinguishment of Debt 0 0 21 0
Income from continuing operations before income taxes 379 496 1,474 1,255
Income Tax Expense (Benefit) 7 108 222 251
Income from continuing operations, net of tax 372 388 1,252 1,004
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest 9 0 9 (588)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ 381 $ 388 $ 1,261 $ 416
Basic $ 0.90 $ 0.89 $ 2.99 $ 2.25
Diluted 0.88 0.86 2.92 2.15
Net income available to common shareholders per common share        
Basic 0.92 0.89 3.01 0.93
Diluted 0.90 0.86 2.94 0.89
Cash dividends declared per common share $ 0.21 $ 0.18 $ 0.57 $ 0.48
Reinsurance Loss on Dispositions [Member]        
Benefits, losses and expenses        
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal $ (20) $ 0 $ (28) $ 0
Continuing Operations [Member]        
Benefits, losses and expenses        
Amortization of deferred policy acquisition costs and present value of future profits $ 434 $ 580 $ 1,212 $ 1,348