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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues        
Earned premiums $ 5,220 $ 4,810 $ 10,283 $ 9,461
Fee income 328 341 647 703
Net investment income 540 541 1,055 1,050
Net realized losses (64) (338) (71) (483)
Other revenues 25 19 45 35
Total revenues 6,049 5,373 11,959 10,766
Benefits, losses and expenses        
Benefits, losses and loss adjustment expenses 3,580 3,074 7,062 6,194
Amortization of deferred policy acquisition costs ("DAC") 502 450 993 887
Insurance operating costs and other expense 1,225 1,225 2,441 2,435
Interest expense 50 51 100 113
Amortization of other intangible assets 17 17 35 35
Restructuring and other costs 3 2 3 7
Total benefits, losses and expenses 5,377 4,819 10,634 9,671
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total 672 554 1,325 1,095
Income tax expense 125 110 243 208
Net income 547 444 1,082 887
Preferred stock dividends 5 5 10 10
Net income available to common stockholders $ 542 $ 439 $ 1,072 $ 877
EPS        
Basic $ 1.75 $ 1.34 $ 3.44 $ 2.66
Diluted $ 1.73 $ 1.32 $ 3.39 $ 2.62