Quarterly Results of Operations (unaudited) (Details) (USD $)
In Millions, except Per Share data, unless otherwise specified |
3 Months Ended | 12 Months Ended | |||||||||
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Dec. 31, 2012
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Sep. 30, 2012
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Jun. 30, 2012
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Mar. 31, 2012
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Dec. 31, 2011
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Sep. 30, 2011
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Jun. 30, 2011
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Mar. 31, 2011
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Dec. 31, 2012
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Dec. 31, 2011
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Dec. 31, 2010
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Quarterly Results of Operations (unaudited) | |||||||||||
Revenues | $ 1,372 | $ 1,460 | $ 1,160 | $ 1,520 | $ 1,418 | $ 796 | $ 1,245 | $ 1,365 | $ 5,512 | $ 4,824 | $ 4,890 |
Benefits and expenses | 1,207 | 1,190 | 1,230 | 986 | 993 | 1,101 | 1,419 | 953 | 4,613 | 4,466 | 3,891 |
Income (loss) from operations before income taxes and noncontrolling interest | 165 | 270 | (70) | 534 | 425 | (305) | (174) | 412 | 899 | 358 | 999 |
Net income (loss) | 119 | 184 | (38) | 354 | 281 | (180) | (107) | 274 | 619 | 268 | 660 |
Less: Net income attributable to noncontrolling interest in consolidated entity – Exchange | 89 | 133 | (81) | 318 | 255 | (227) | (159) | 230 | 459 | 99 | 498 |
Net income attributable to Indemnity | 30 | 51 | 43 | 36 | 26 | 47 | 52 | 44 | 160 | 169 | 162 |
Indemnity
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Quarterly Results of Operations (unaudited) | |||||||||||
Income (loss) from operations before income taxes and noncontrolling interest | 241 | 256 | 269 | ||||||||
Net income attributable to Indemnity | $ 160 | $ 169 | $ 162 | ||||||||
Class A | Indemnity
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Earnings Per Share [Abstract] | |||||||||||
Common stock - basic (in dollars per share) | $ 0.63 | $ 1.08 | $ 0.90 | $ 0.76 | $ 0.55 | $ 0.97 | $ 1.05 | $ 0.88 | $ 3.38 | $ 3.45 | $ 3.18 |
Common stock - diluted (in dollars per share) | $ 0.56 | $ 0.96 | $ 0.80 | $ 0.67 | $ 0.49 | $ 0.87 | $ 0.94 | $ 0.78 | $ 2.99 | $ 3.08 | $ 2.85 |
Class B | Indemnity
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Earnings Per Share [Abstract] | |||||||||||
Common stock - basic (in dollars per share) | $ 94 | $ 162.00 | $ 135.00 | $ 114.00 | $ 82 | $ 147.00 | $ 158.00 | $ 126.00 | $ 505.00 | $ 522.00 | $ 463.00 |
Common stock - diluted (in dollars per share) | $ 94 | $ 162.00 | $ 135.00 | $ 114.00 | $ 82 | $ 147.00 | $ 158.00 | $ 126.00 | $ 505.00 | $ 522.00 | $ 463.00 |