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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenues        
Earned premiums $ 4,910 $ 4,565 $ 14,371 $ 13,368
Fee income 328 377 1,031 1,107
Net investment income 487 650 1,537 1,740
Net realized (losses) gains (166) 70 (649) 297
Other revenues 21 24 56 62
Total revenues 5,580 5,686 16,346 16,574
Benefits, losses and expenses        
Benefits, losses and loss adjustment expenses 3,408 3,420 9,602 9,556
Amortization of deferred policy acquisition costs ("DAC") 467 419 1,360 1,252
Insurance operating costs and other expenses (x Extinguishment of Debt) 1,203 1,200 3,632 3,546
Interest expense 50 58 163 172
Amortization of other intangible assets 18 18 53 53
Restructuring and other costs 3 (12) 10 (1)
Total benefits, losses and expenses 5,149 5,103 14,820 14,578
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total 431 583 1,526 1,996
Income tax expense 92 101 300 360
Net income 339 482 1,226 1,636
Preferred stock dividends 6 6 16 16
Net income available to common stockholders $ 333 $ 476 $ 1,210 $ 1,620
EPS        
Basic $ 1.03 $ 1.38 $ 3.70 $ 4.60
Diluted $ 1.02 $ 1.36 $ 3.65 $ 4.54