American Financial Group, Inc(NYSE:AFG) 
American Financial Group, Inc., an insurance holding company, provides property and casualty insurance products in the United States. The company operates through three segments: Property and Casualty Insurance, Annuity, and Other. It offers property and transportation insurance products, such as ph...
Website: http://www.afginc.com
Founded: 1959
Full Time Employees: 7,700
Sector: Financial Services
Industry: Insurance-Property & Casualty
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At a glance:
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-06-30 | 2013-03-31 | 2012-06-30 | 2012-03-21 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-09-30 | 2010-06-30 |
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revenues: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earned premiums | 1,609,000,000 | 2,013,000,000 | 1,647,000,000 | 1,580,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net investment income | 187,000,000 | 205,000,000 | 184,000,000 | 173,000,000 | 194,000,000 | 200,000,000 | 188,000,000 | 198,000,000 | 159,000,000 | 168,000,000 | 198,000,000 | 217,000,000 | 168,000,000 | 151,000,000 | 168,000,000 | 209,000,000 | 169,000,000 | 164,000,000 | 188,000,000 | 548,000,000 | 572,000,000 | 468,000,000 | 544,000,000 | 593,000,000 | 588,000,000 | 580,000,000 | 542,000,000 | 542,000,000 | 527,000,000 | 530,000,000 | 495,000,000 | 465,000,000 | 471,000,000 | 460,000,000 | 435,000,000 | 429,000,000 | 433,000,000 | 423,000,000 | 411,000,000 | 416,000,000 | 425,000,000 | 404,000,000 | 388,000,000 | 384,000,000 | 377,000,000 | 379,000,000 | 361,000,000 | 332,000,000 | 326,000,000 | ||||||||
realized gains on securities | -18,000,000 | 2,000,000 | 3,000,000 | -2,000,000 | 14,000,000 | -2,000,000 | -46,000,000 | 77,000,000 | 204,000,000 | 11,000,000 | 13,000,000 | 12,000,000 | 19,000,000 | 57,000,000 | |||||||||||||||||||||||||||||||||||||||||||
income of managed investment entities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment income | 67,000,000 | 70,000,000 | 68,000,000 | 76,000,000 | 84,000,000 | 99,000,000 | 98,000,000 | 99,000,000 | 100,000,000 | 105,000,000 | 112,000,000 | 104,000,000 | 93,000,000 | 75,000,000 | 54,000,000 | 46,000,000 | 45,000,000 | 44,000,000 | 46,000,000 | 47,000,000 | 46,000,000 | 49,000,000 | 59,000,000 | 63,000,000 | 67,000,000 | 70,000,000 | 69,000,000 | 68,000,000 | 65,000,000 | 64,000,000 | 58,000,000 | 55,000,000 | 54,000,000 | 50,000,000 | 51,000,000 | 49,000,000 | 48,000,000 | 48,000,000 | 45,000,000 | 43,000,000 | 40,000,000 | 38,000,000 | 34,000,000 | 32,000,000 | 29,000,000 | 27,000,000 | 28,000,000 | 32,000,000 | 34,000,000 | 332,000,000 | 322,000,000 | 310,000,000 | 306,000,000 | 300,000,000 | 296,000,000 | 294,000,000 | |
gain on change in fair value of assets/liabilities | -20,000,000 | -4,000,000 | -3,000,000 | -1,000,000 | -9,000,000 | 4,000,000 | 10,000,000 | 15,000,000 | 16,000,000 | -4,000,000 | -6,000,000 | -5,000,000 | -15,000,000 | 1,000,000 | 1,000,000 | 6,000,000 | 2,000,000 | 8,000,000 | 1,000,000 | -43,000,000 | -14,000,000 | -14,000,000 | -11,000,000 | -5,000,000 | -2,000,000 | -3,000,000 | 1,000,000 | 11,000,000 | 6,000,000 | 11,000,000 | 11,000,000 | -3,000,000 | -8,750,000 | -25,000,000 | 1,000,000 | ||||||||||||||||||||||
other income | 29,000,000 | 30,000,000 | 27,000,000 | 27,000,000 | 32,000,000 | 26,000,000 | 27,000,000 | 39,000,000 | 46,000,000 | 43,000,000 | 25,000,000 | 32,000,000 | 24,000,000 | 31,000,000 | 32,000,000 | 43,000,000 | 27,000,000 | 20,000,000 | 23,000,000 | 51,000,000 | 45,000,000 | 51,000,000 | 57,000,000 | 48,000,000 | 52,000,000 | 51,000,000 | 50,000,000 | 53,000,000 | 54,000,000 | 43,000,000 | 49,000,000 | 52,000,000 | 48,000,000 | 47,000,000 | 59,000,000 | 52,000,000 | 46,000,000 | 80,000,000 | 46,000,000 | 66,000,000 | 40,000,000 | 90,000,000 | 47,000,000 | 27,000,000 | 28,000,000 | 26,000,000 | 21,000,000 | 25,000,000 | 22,000,000 | 47,000,000 | 39,000,000 | 47,000,000 | 48,000,000 | 41,000,000 | 57,000,000 | 54,000,000 | |
total revenues | 1,854,000,000 | 2,331,000,000 | 1,924,000,000 | 1,856,000,000 | 2,149,000,000 | 2,369,000,000 | 1,900,000,000 | 1,906,000,000 | 2,083,000,000 | 2,164,000,000 | 1,840,000,000 | 1,740,000,000 | 1,929,000,000 | 1,984,000,000 | 1,539,000,000 | 1,758,000,000 | 1,754,000,000 | 1,531,000,000 | 1,509,000,000 | 2,623,000,000 | 2,060,000,000 | 1,951,000,000 | 1,275,000,000 | 2,130,000,000 | 2,123,000,000 | 1,960,000,000 | 2,024,000,000 | 1,690,000,000 | 2,008,000,000 | 1,833,000,000 | 1,619,000,000 | 1,808,000,000 | 1,835,000,000 | 1,646,000,000 | 1,576,000,000 | 1,737,000,000 | 1,705,000,000 | 1,581,000,000 | 1,475,000,000 | 1,626,000,000 | 1,684,000,000 | 1,541,000,000 | 1,294,000,000 | 1,529,000,000 | 1,581,000,000 | 1,392,000,000 | 1,211,000,000 | 1,139,000,000 | 1,148,000,000 | 1,150,000,000 | 1,113,000,000 | 1,335,000,000 | 1,093,000,000 | 1,039,000,000 | 1,255,000,000 | 1,052,000,000 | |
yoy | -13.73% | -1.60% | 1.26% | -2.62% | 3.17% | 9.47% | 3.26% | 9.54% | 7.98% | 9.07% | 19.56% | -1.02% | 9.98% | 29.59% | 1.99% | -32.98% | -14.85% | -21.53% | 18.35% | 23.15% | -2.97% | -0.46% | -37.01% | 26.04% | 5.73% | 6.93% | 25.02% | -6.53% | 9.43% | 11.36% | 2.73% | 4.09% | 7.62% | 4.11% | 6.85% | 6.83% | 1.25% | 2.60% | 13.99% | 6.34% | 6.51% | 10.70% | 6.85% | 38.81% | 21.25% | 5.30% | -14.68% | 5.03% | 10.68% | -11.31% | 26.90% | ||||||
qoq | -20.46% | 21.15% | 3.66% | -13.63% | -9.29% | 24.68% | -0.31% | -8.50% | -3.74% | 17.61% | 5.75% | -9.80% | -2.77% | 28.91% | -12.46% | 0.23% | 14.57% | 1.46% | -42.47% | 27.33% | 5.59% | 53.02% | -40.14% | 0.33% | 8.32% | -3.16% | 19.76% | -15.84% | 9.55% | 13.22% | -10.45% | -1.47% | 11.48% | 4.44% | -9.27% | 1.88% | 7.84% | 7.19% | -9.29% | -3.44% | 9.28% | 19.09% | -15.37% | -3.29% | 13.58% | 14.95% | -0.78% | -0.17% | 3.32% | -16.63% | 22.14% | 5.20% | -17.21% | 19.30% | |||
costs and expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
losses and loss adjustment expenses | 906,000,000 | 1,355,000,000 | 1,007,000,000 | 965,000,000 | 1,181,000,000 | 1,430,000,000 | 937,000,000 | 912,000,000 | 1,069,000,000 | 1,239,000,000 | 905,000,000 | 820,000,000 | 986,000,000 | 1,176,000,000 | 774,000,000 | 822,000,000 | 954,000,000 | 714,000,000 | 667,000,000 | 830,000,000 | 963,000,000 | 771,000,000 | 707,000,000 | 912,000,000 | 944,000,000 | 723,000,000 | 692,000,000 | 797,000,000 | 872,000,000 | 693,000,000 | 641,000,000 | 716,000,000 | 995,000,000 | 635,000,000 | 609,000,000 | 729,000,000 | 765,000,000 | 687,000,000 | 581,000,000 | 693,000,000 | 825,000,000 | 601,000,000 | 576,000,000 | 679,000,000 | 784,000,000 | 602,000,000 | 429,000,000 | 430,000,000 | 393,000,000 | 363,000,000 | 344,000,000 | 549,000,000 | 413,000,000 | 341,000,000 | 446,000,000 | 302,000,000 | |
commissions and other underwriting expenses | 556,000,000 | 529,000,000 | 534,000,000 | 530,000,000 | 480,000,000 | 518,000,000 | 506,000,000 | 503,000,000 | 480,000,000 | 497,000,000 | 485,000,000 | 473,000,000 | 427,000,000 | 445,000,000 | 432,000,000 | 360,000,000 | 417,000,000 | 390,000,000 | 380,000,000 | 390,000,000 | 406,000,000 | 409,000,000 | 420,000,000 | 450,000,000 | 450,000,000 | 426,000,000 | 399,000,000 | 378,000,000 | 424,000,000 | 400,000,000 | 381,000,000 | 345,000,000 | 357,000,000 | 366,000,000 | 339,000,000 | 311,000,000 | 356,000,000 | 348,000,000 | 334,000,000 | 333,000,000 | 336,000,000 | 338,000,000 | 313,000,000 | 303,000,000 | 302,000,000 | 300,000,000 | 267,000,000 | 260,000,000 | 251,000,000 | 232,000,000 | 211,000,000 | 230,000,000 | 207,000,000 | 212,000,000 | 222,000,000 | 207,000,000 | |
interest charges on borrowed money | 23,000,000 | 19,000,000 | 19,000,000 | 19,000,000 | 19,000,000 | 19,000,000 | 19,000,000 | 19,000,000 | 19,000,000 | 19,000,000 | 19,000,000 | 19,000,000 | 20,000,000 | 19,000,000 | 23,000,000 | 23,000,000 | 24,000,000 | 23,000,000 | 24,000,000 | 24,000,000 | 24,000,000 | 23,000,000 | 17,000,000 | 18,000,000 | 17,000,000 | 17,000,000 | 16,000,000 | 16,000,000 | 15,000,000 | 16,000,000 | 15,000,000 | 20,000,000 | 21,000,000 | 23,000,000 | 21,000,000 | 21,000,000 | 19,000,000 | 19,000,000 | 18,000,000 | 17,000,000 | 18,000,000 | 19,000,000 | 20,000,000 | 20,000,000 | 18,000,000 | 17,000,000 | 18,000,000 | 18,000,000 | 18,000,000 | 21,000,000 | 21,000,000 | 21,000,000 | 21,000,000 | 21,000,000 | 21,000,000 | 18,000,000 | |
expenses of managed investment entities | 58,000,000 | 61,000,000 | 60,000,000 | 68,000,000 | 71,000,000 | 85,000,000 | 90,000,000 | 92,000,000 | 102,000,000 | 105,000,000 | 103,000,000 | 95,000,000 | 82,000,000 | 62,000,000 | 47,000,000 | 40,000,000 | 37,000,000 | 39,000,000 | 39,000,000 | 32,000,000 | 31,000,000 | 38,000,000 | 48,000,000 | 52,000,000 | 54,000,000 | 59,000,000 | 55,000,000 | 57,000,000 | 52,000,000 | 54,000,000 | 48,000,000 | 44,000,000 | 45,000,000 | 51,000,000 | 41,000,000 | 42,000,000 | 38,000,000 | 36,000,000 | 35,000,000 | 32,000,000 | 28,000,000 | 28,000,000 | 24,000,000 | 22,000,000 | 19,000,000 | 21,000,000 | 20,000,000 | 24,000,000 | 22,000,000 | 20,000,000 | 19,000,000 | 17,000,000 | 18,000,000 | 18,000,000 | 15,000,000 | 14,000,000 | |
other expenses | 72,000,000 | 99,000,000 | 75,000,000 | 77,000,000 | 78,000,000 | 88,000,000 | 77,000,000 | 76,000,000 | 78,000,000 | 85,000,000 | 73,000,000 | 77,000,000 | 101,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
total costs and expenses | 1,615,000,000 | 2,063,000,000 | 1,695,000,000 | 1,659,000,000 | 1,829,000,000 | 2,140,000,000 | 1,629,000,000 | 1,602,000,000 | 1,748,000,000 | 1,945,000,000 | 1,585,000,000 | 1,476,000,000 | 1,583,000,000 | 1,774,000,000 | 1,333,000,000 | 1,313,000,000 | 1,487,000,000 | 1,243,000,000 | 1,174,000,000 | 1,739,000,000 | 1,926,000,000 | 1,733,000,000 | 1,663,000,000 | 1,871,000,000 | 1,946,000,000 | 1,701,000,000 | 1,611,000,000 | 1,729,000,000 | 1,764,000,000 | 1,573,000,000 | 1,445,000,000 | 1,541,000,000 | 1,806,000,000 | 1,441,000,000 | 1,353,000,000 | 1,420,000,000 | 1,527,000,000 | 1,445,000,000 | 1,319,000,000 | 1,416,000,000 | 1,585,000,000 | 1,315,000,000 | 1,264,000,000 | 1,339,000,000 | 1,436,000,000 | 1,262,000,000 | 1,050,000,000 | 1,013,000,000 | 973,000,000 | 1,014,000,000 | 967,000,000 | 1,180,000,000 | 1,024,000,000 | 944,000,000 | 1,047,000,000 | 894,000,000 | |
earnings before income taxes | 239,000,000 | 268,000,000 | 229,000,000 | 197,000,000 | 320,000,000 | 229,000,000 | 271,000,000 | 304,000,000 | 184,500,000 | 219,000,000 | 255,000,000 | 264,000,000 | 884,000,000 | 134,000,000 | 218,000,000 | -388,000,000 | 259,000,000 | 177,000,000 | 259,000,000 | 413,000,000 | -39,000,000 | 244,000,000 | 260,000,000 | 174,000,000 | 267,000,000 | 29,000,000 | 205,000,000 | 223,000,000 | 317,000,000 | 178,000,000 | 136,000,000 | 156,000,000 | 210,000,000 | 99,000,000 | 226,000,000 | 30,000,000 | 190,000,000 | 145,000,000 | 130,000,000 | 161,000,000 | 126,000,000 | 175,000,000 | |||||||||||||||
provision for income taxes | 48,000,000 | 53,000,000 | 55,000,000 | 43,000,000 | 65,000,000 | 48,000,000 | 62,000,000 | 62,000,000 | 72,000,000 | 42,000,000 | 55,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net earnings | 191,000,000 | 215,000,000 | 174,000,000 | 154,000,000 | 255,000,000 | 181,000,000 | 209,000,000 | 242,000,000 | 263,000,000 | 177,000,000 | 200,000,000 | 212,000,000 | 155,500,000 | 165,000,000 | 167,000,000 | ||||||||||||||||||||||||||||||||||||||||||
yoy | -25.10% | 18.78% | -16.75% | -36.36% | -3.04% | 2.26% | 4.50% | 14.15% | 69.13% | 7.27% | 19.76% | NaN% | |||||||||||||||||||||||||||||||||||||||||||||
qoq | -11.16% | 23.56% | 12.99% | -39.61% | 40.88% | -13.40% | -13.64% | -7.98% | 48.59% | -11.50% | -5.66% | 36.33% | -5.76% | -1.20% | |||||||||||||||||||||||||||||||||||||||||||
net income margin % | 10.30% | 9.22% | 9.04% | 8.30% | 11.87% | 7.64% | 11.00% | 12.70% | 12.63% | 8.18% | 10.87% | 12.18% | 8.06% | 8.32% | 10.85% | 0% | 0% | NaN% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | NaN% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
earnings per common share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total basic earnings | 2,290,000 | 2,580,000 | 2,070,000 | 1,840,000 | 3,030,000 | 2,160,000 | 2,490,000 | 2,890,000 | 3,130,000 | 2,100,000 | 2,350,000 | 2,490,000 | 1,825,000 | 1,930,000 | 1,970,000 | ||||||||||||||||||||||||||||||||||||||||||
total diluted earnings | 2,290,000 | 2,580,000 | 2,070,000 | 1,840,000 | 3,030,000 | 2,160,000 | 2,490,000 | 2,890,000 | 3,120,000 | 2,090,000 | 2,340,000 | 2,490,000 | 1,822,500 | 1,930,000 | 1,960,000 | ||||||||||||||||||||||||||||||||||||||||||
average number of common shares: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 83,300,000 | 83,400,000 | 83,500,000 | 83,800,000 | 100,000 | 83,900,000 | 83,900,000 | 83,700,000 | -300,000 | 84,600,000 | 85,100,000 | 85,200,000 | 85,200,000 | 85,100,000 | -100,000 | 84,800,000 | 85,000,000 | 85,900,000 | -700,000 | 88,200,000 | 89,700,000 | 90,300,000 | 200,000 | 90,000,000 | 89,700,000 | 89,400,000 | 100,000 | 89,100,000 | 89,000,000 | 88,600,000 | 100,000 | 88,100,000 | 87,800,000 | 87,200,000 | 100,000 | 86,900,000 | 86,800,000 | 86,900,000 | 87,500,000 | 87,700,000 | 87,600,000 | -400,000 | 89,000,000 | 89,600,000 | 89,600,000 | 89,600,000 | 89,400,000 | 96,400,000 | 97,700,000 | 99,700,000 | 102,700,000 | 104,600,000 | 108,200,000 | 110,200,000 | |||
diluted | 83,300,000 | 83,400,000 | 83,500,000 | 83,800,000 | 83,900,000 | 83,900,000 | 83,800,000 | -300,000 | 84,700,000 | 85,200,000 | 85,400,000 | 85,400,000 | 85,300,000 | -200,000 | 85,200,000 | 85,600,000 | 86,600,000 | -700,000 | 88,500,000 | 90,000,000 | 90,300,000 | 100,000 | 91,100,000 | 91,000,000 | 90,700,000 | 90,700,000 | 90,700,000 | 90,400,000 | 100,000 | 90,000,000 | 89,800,000 | 89,300,000 | 100,000 | 88,500,000 | 88,400,000 | 88,500,000 | 89,300,000 | 89,500,000 | 89,400,000 | -400,000 | 90,900,000 | 91,600,000 | 91,600,000 | 91,500,000 | 91,000,000 | 98,000,000 | 99,400,000 | 101,300,000 | 104,400,000 | 106,200,000 | 109,500,000 | 111,800,000 | |||||
realized gains on: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities | 12,000,000 | 2,500,000 | -2,000,000 | 31,000,000 | -19,000,000 | 27,000,000 | -35,000,000 | -93,000,000 | 7,000,000 | -17,000,000 | 43,000,000 | 591,000,000 | 45,000,000 | 6,000,000 | -12,000,000 | 8,000,000 | 51,000,000 | 2,000,000 | -16,000,000 | -18,000,000 | -21,000,000 | -16,000,000 | -1,000,000 | 19,000,000 | 41,000,000 | 16,000,000 | 44,000,000 | 8,000,000 | 19,000,000 | 57,000,000 | |||||||||||||||||||||||||||
subsidiaries | 1,000,000 | 53,000,000 | -30,000,000 | 2,000,000 | -4,000,000 | 5,000,000 | -162,000,000 | -1,000,000 | -3,000,000 | -22,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
property and casualty insurance net earned premiums | 1,296,500,000 | 2,055,000,000 | 1,585,000,000 | 1,546,000,000 | 1,732,000,000 | 1,855,000,000 | 1,507,000,000 | 1,437,000,000 | 1,623,000,000 | 1,767,000,000 | 1,393,000,000 | 1,452,000,000 | 1,529,000,000 | 1,250,000,000 | 1,173,000,000 | 1,325,000,000 | 1,381,000,000 | 1,184,000,000 | 1,209,000,000 | 1,370,000,000 | 1,442,000,000 | 1,200,000,000 | 1,173,000,000 | 1,270,000,000 | 1,327,000,000 | 1,161,000,000 | 1,107,000,000 | 1,225,000,000 | 1,267,000,000 | 1,065,000,000 | 1,022,000,000 | 1,144,000,000 | 1,159,000,000 | 1,027,000,000 | 998,000,000 | 1,120,000,000 | 1,173,000,000 | 985,000,000 | 946,000,000 | 1,061,000,000 | 1,132,000,000 | 931,000,000 | 754,000,000 | 709,000,000 | 687,000,000 | ||||||||||||
subsidiary | -1,000,000 | -4,000,000 | 4,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
property and casualty insurance: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other incomes | 69,000,000 | 68,000,000 | 72,000,000 | 57,000,000 | 68,000,000 | 55,000,000 | 64,000,000 | 120,000,000 | 127,000,000 | 82,000,000 | 106,000,000 | 102,000,000 | 96,000,000 | 101,000,000 | 81,000,000 | 98,000,000 | 89,000,000 | 85,000,000 | 137,000,000 | 112,000,000 | 88,000,000 | 85,000,000 | 95,000,000 | 98,000,000 | 81,000,000 | 79,000,000 | 62,750,000 | 93,000,000 | 81,000,000 | 77,000,000 | 62,000,000 | 73,000,000 | 76,000,000 | 70,000,000 | 71,000,000 | 79,000,000 | |||||||||||||||||||||
benefit from income taxes | 52,000,000 | 70,000,000 | 45,000,000 | 39,000,000 | 68,000,000 | 34,000,000 | 50,000,000 | 87,000,000 | -4,000,000 | 41,000,000 | 52,000,000 | 33,000,000 | 101,000,000 | 18,000,000 | 60,000,000 | 68,000,000 | -71,000,000 | 65,000,000 | 73,000,000 | 52,000,000 | 28,750,000 | 33,000,000 | 77,000,000 | 5,000,000 | 65,000,000 | 54,000,000 | 47,000,000 | 54,000,000 | 49,000,000 | 62,000,000 | 52,000,000 | 58,000,000 | 48,000,000 | 32,000,000 | 46,000,000 | 82,000,000 | 58,000,000 | ||||||||||||||||||||
earnings from continuing operations before income taxes | 346,000,000 | 210,000,000 | 206,000,000 | 445,000,000 | 267,000,000 | 288,000,000 | 335,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings from continuing operations | 155,500,000 | 165,000,000 | 167,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings from discontinued operations | 762,000,000 | 152,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per basic common share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
continuing operations | 3,250,000 | 1,930,000 | 1,970,000 | 4,180,000 | 2,570,000 | 2,830,000 | 3,110,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations | 20,000 | 8,950,000 | 1,770,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per diluted common share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision (credit) for income taxes | 41,000,000 | 48,000,000 | 48,000,000 | 68,000,000 | -15,750,000 | -30,000,000 | 51,000,000 | -84,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
net earnings from continuing operations, including noncontrolling interests | 355,000,000 | 219,000,000 | 240,000,000 | 267,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings, including noncontrolling interests | 355,000,000 | 219,000,000 | 1,002,000,000 | 419,000,000 | 694,000,000 | 164,000,000 | 167,000,000 | -304,000,000 | 191,000,000 | 143,000,000 | 209,000,000 | 326,000,000 | -35,000,000 | 203,000,000 | 208,000,000 | 141,000,000 | 166,000,000 | 11,000,000 | 145,000,000 | 155,000,000 | 388,000,000 | 113,000,000 | 63,000,000 | 104,000,000 | 130,000,000 | 66,000,000 | 149,000,000 | 25,000,000 | 125,000,000 | 91,000,000 | 83,000,000 | 107,000,000 | 77,000,000 | 113,000,000 | 84,000,000 | 88,000,000 | 107,000,000 | 37,000,000 | 49,000,000 | 126,000,000 | 100,000,000 | ||||||||||||||||
less: net earnings from continuing operations attributable to noncontrolling interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings attributable to shareholders | 355,000,000 | 219,000,000 | 1,002,000,000 | 419,000,000 | 692,000,000 | 164,000,000 | 177,000,000 | -301,000,000 | 211,000,000 | 147,000,000 | 210,000,000 | 329,000,000 | -29,000,000 | 204,000,000 | 210,000,000 | 145,000,000 | 166,000,000 | 11,000,000 | 145,000,000 | 153,000,000 | 385,000,000 | 109,000,000 | 54,000,000 | 101,000,000 | 129,000,000 | 63,000,000 | 141,000,000 | 19,000,000 | 127,000,000 | 116,000,000 | 106,000,000 | 103,000,000 | 110,000,000 | 120,000,000 | 99,000,000 | 113,000,000 | 96,000,000 | 55,000,000 | 83,000,000 | 132,000,000 | 108,000,000 | ||||||||||||||||
earnings attributable to shareholders per basic common share from: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total basic earnings attributable to shareholders | 4,200,000 | 2,570,000 | 11,780,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings attributable to shareholders per diluted common share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total diluted earnings attributable to shareholders | 4,190,000 | 2,560,000 | 11,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive income, net of tax: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized gains on securities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized holding gains on securities arising during the period | 133,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reclassification adjustment for realized losses included in net earnings | -7,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reclassification adjustment for unrealized gains of subsidiaries sold | -884,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total net unrealized gains on securities | -758,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net unrealized gains on cash flow hedges: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized holding gains on cash flow hedges arising during the period | 6,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reclassification adjustment for investment income included in net earnings | -4,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reclassification adjustment for unrealized gains on cash flow hedges of subsidiaries sold | -29,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total net unrealized gains on cash flow hedges | -27,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency translation adjustments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pension and other postretirement plans adjustments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized holding losses on pension and oprp arising during the period | -1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reclassification adjustment for pension settlement loss included in net earnings | 9,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total pension and oprp adjustments | 8,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive income, net of tax | -777,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total comprehensive income, net of tax | 225,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: comprehensive income attributable to noncontrolling interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
comprehensive income attributable to shareholders | 225,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at march 31, 2021 | 85,126,062,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive loss | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares issued: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
exercise of stock options | 561,732,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restricted stock awards | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other benefit plans | 27,833,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividend reinvestment plan | 34,348,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock-based compensation expense | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares acquired and retired | -916,520,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares exchanged — benefit plans | -14,380,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
forfeitures of restricted stock | -105,148,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at june 30, 2021 | 84,713,927,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at march 31, 2020 | 89,827,336,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance at june 30, 2020 | 88,659,407,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings (losses) attributable to shareholders per basic common share from: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total basic earnings (losses) attributable to shareholders | 4,880,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings (losses) attributable to shareholders per diluted common share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total diluted earnings (losses) attributable to shareholders | 4,840,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
annuity benefits | 287,000,000 | 203,000,000 | 426,000,000 | 276,000,000 | 251,000,000 | 250,000,000 | 339,000,000 | 311,000,000 | 334,000,000 | 222,000,000 | 260,000,000 | 182,000,000 | 257,000,000 | 215,000,000 | 224,000,000 | 196,000,000 | 160,000,000 | 189,000,000 | 223,000,000 | 228,000,000 | 189,000,000 | 208,000,000 | 151,000,000 | 184,000,000 | 157,000,000 | 157,000,000 | 166,000,000 | 168,000,000 | 120,000,000 | 134,000,000 | 147,000,000 | 130,000,000 | 142,000,000 | 125,000,000 | 116,000,000 | 114,000,000 | 118,000,000 | ||||||||||||||||||||
annuity and supplemental insurance acquisition expenses | 56,000,000 | 172,000,000 | -35,000,000 | 113,000,000 | 72,000,000 | 120,000,000 | 33,000,000 | 28,000,000 | 58,000,000 | 71,000,000 | 50,000,000 | 82,000,000 | 17,000,000 | 55,000,000 | 48,000,000 | 53,000,000 | 55,000,000 | 54,000,000 | 42,000,000 | 35,000,000 | 31,000,000 | 46,000,000 | 64,000,000 | 38,000,000 | 51,000,000 | 46,000,000 | 41,000,000 | 35,000,000 | 52,000,000 | 36,000,000 | 48,000,000 | 47,000,000 | 48,000,000 | 52,000,000 | 53,000,000 | 47,000,000 | 54,000,000 | ||||||||||||||||||||
less: net earnings attributable to noncontrolling interests | 2,000,000 | -10,000,000 | -3,000,000 | 2,000,000 | 3,000,000 | 4,000,000 | 9,000,000 | 3,000,000 | 1,000,000 | 3,000,000 | 8,000,000 | 6,000,000 | -2,000,000 | -25,000,000 | 4,000,000 | -33,000,000 | -7,000,000 | -15,000,000 | -25,000,000 | 11,000,000 | -18,000,000 | -34,000,000 | -6,000,000 | -8,000,000 | |||||||||||||||||||||||||||||||||
earnings attributable to shareholders per common share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 7,800,000 | 1,860,000 | 1,980,000 | -3,340,000 | 2,330,000 | 1,640,000 | 2,340,000 | 3,680,000 | -340,000 | 2,300,000 | 2,360,000 | 1,640,000 | 1,880,000 | 130,000 | 1,640,000 | 1,760,000 | 4,430,000 | 1,250,000 | 630,000 | 1,160,000 | 1,480,000 | 720,000 | 1,600,000 | 220,000 | 1,430,000 | 1,300,000 | 1,180,000 | 1,150,000 | 1,230,000 | 1,340,000 | 1,020,000 | 1,160,000 | 960,000 | 530,000 | 800,000 | 1,220,000 | 980,000 | ||||||||||||||||||||
diluted | 7,750,000 | 1,860,000 | 1,970,000 | -3,340,000 | 2,300,000 | 1,620,000 | 2,310,000 | 3,630,000 | -320,000 | 2,260,000 | 2,310,000 | 1,600,000 | 1,840,000 | 130,000 | 1,610,000 | 1,720,000 | 4,350,000 | 1,230,000 | 620,000 | 1,140,000 | 1,450,000 | 710,000 | 1,570,000 | 210,000 | 1,410,000 | 1,280,000 | 1,150,000 | 1,130,000 | 1,200,000 | 1,320,000 | 1,010,000 | 1,140,000 | 940,000 | 520,000 | 790,000 | 1,210,000 | 970,000 | ||||||||||||||||||||
loss on change in fair value of assets/liabilities | -5,000,000 | -2,000,000 | -13,000,000 | -18,000,000 | -11,000,000 | -2,000,000 | -10,000,000 | -28,000,000 | -8,000,000 | -21,000,000 | -29,000,000 | -22,000,000 | -33,000,000 | -4,000,000 | -15,000,000 | ||||||||||||||||||||||||||||||||||||||||||
realized gains | -551,000,000 | 65,000,000 | -18,000,000 | 56,000,000 | 184,000,000 | -7,000,000 | 34,000,000 | 31,000,000 | -93,000,000 | 3,000,000 | 11,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
________________________________________ | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(*) consists of the following: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized gains before impairments | -505,000,000 | 71,000,000 | -9,000,000 | 58,000,000 | 186,000,000 | -222,000,000 | 36,000,000 | 31,000,000 | -92,000,000 | 26,000,000 | 26,000,000 | 17,000,000 | 9,000,000 | 60,000,000 | 18,000,000 | 23,000,000 | 34,000,000 | 35,000,000 | 19,000,000 | 29,000,000 | 23,000,000 | 31,000,000 | 24,000,000 | 13,000,000 | 20,000,000 | 42,000,000 | 57,000,000 | 23,000,000 | 48,000,000 | 18,000,000 | 40,000,000 | 10,000,000 | 68,000,000 | 27,000,000 | |||||||||||||||||||||||
losses on securities with impairment | -69,000,000 | -6,000,000 | -9,000,000 | -2,000,000 | -2,000,000 | -16,000,000 | -2,000,000 | -1,000,000 | -20,000,000 | -38,000,000 | -10,000,000 | -6,000,000 | -9,000,000 | -16,000,000 | -39,000,000 | -51,000,000 | -56,000,000 | -35,000,000 | -30,000,000 | -4,000,000 | -23,000,000 | -11,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -7,000,000 | -5,000,000 | -6,000,000 | -10,000,000 | -7,000,000 | -8,000,000 | -20,000,000 | |||||||||||||||||||||||||
non-credit portion recognized in other comprehensive income | 23,000,000 | 1,000,000 | -1,000,000 | 1,000,000 | -4,000,000 | -11,000,000 | -3,000,000 | -3,000,000 | 4,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
impairment charges recognized in earnings | -46,000,000 | -6,000,000 | -9,000,000 | -2,000,000 | -2,000,000 | -16,000,000 | -2,000,000 | -1,000,000 | -20,000,000 | -38,000,000 | -9,000,000 | -6,000,000 | -9,000,000 | -16,000,000 | -39,000,000 | -52,000,000 | -56,000,000 | -35,000,000 | -30,000,000 | -4,000,000 | -23,000,000 | -11,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -7,000,000 | -4,000,000 | -10,000,000 | -21,000,000 | -10,000,000 | -11,000,000 | -16,000,000 | |||||||||||||||||||||||||
total realized gains on securities | -551,000,000 | 65,000,000 | -18,000,000 | 56,000,000 | 184,000,000 | -238,000,000 | 34,000,000 | 31,000,000 | -93,000,000 | 6,000,000 | -12,000,000 | 8,000,000 | 3,000,000 | 51,000,000 | 2,000,000 | -16,000,000 | -18,000,000 | -21,000,000 | -16,000,000 | -1,000,000 | 19,000,000 | 8,000,000 | 13,000,000 | 12,000,000 | 19,000,000 | 41,000,000 | 57,000,000 | 16,000,000 | 44,000,000 | 8,000,000 | 19,000,000 | 57,000,000 | 11,000,000 | ||||||||||||||||||||||||
life, accident and health net earned premiums | 5,000,000 | 6,000,000 | 5,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 5,000,000 | 6,000,000 | 5,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 6,000,000 | 24,000,000 | 28,000,000 | 27,000,000 | 25,000,000 | 26,000,000 | 27,000,000 | 27,000,000 | 28,000,000 | 28,000,000 | 30,000,000 | |||||||||||||||||||||||||||||||
life, accident and health benefits | 10,000,000 | 9,000,000 | 8,000,000 | 9,000,000 | 8,000,000 | 10,000,000 | 11,000,000 | 11,000,000 | 5,000,000 | 6,000,000 | 6,000,000 | 9,000,000 | 7,000,000 | 8,000,000 | 9,000,000 | 9,000,000 | 35,000,000 | 31,000,000 | 33,000,000 | 32,000,000 | 45,000,000 | 37,000,000 | 39,000,000 | 43,000,000 | 38,000,000 | 40,000,000 | 84,000,000 | 92,000,000 | 90,000,000 | 89,000,000 | 96,000,000 | 90,000,000 | 93,000,000 | ||||||||||||||||||||||||
less: net earnings (losses) attributable to noncontrolling interests | -20,000,000 | -4,000,000 | -1,000,000 | -3,000,000 | -6,000,000 | -1,000,000 | -2,000,000 | -4,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
cash dividends per common share | 637,500 | 350,000 | 1,850,000 | 350,000 | 2,350,000 | 312,500 | 1,812,500 | 312,500 | 1,312,500 | 280,000 | 280,000 | 280,000 | 1,280,000 | 250,000 | 250,000 | 250,000 | 1,250,000 | 220,000 | 220,000 | 220,000 | 195,000 | 195,000 | 175,000 | 175,000 | 162,500 | 162,500 | 162,500 | 137,500 | 137,500 | ||||||||||||||||||||||||||||
less: net income attributable to noncontrolling interests | -23,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property and casualty insurance premiums | 640,000,000 | 603,000,000 | 835,000,000 | 609,000,000 | 599,000,000 | 736,000,000 | 572,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
life, accident and health premiums | 105,000,000 | 105,000,000 | 107,000,000 | 107,000,000 | 110,000,000 | 112,000,000 | 113,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
other operating and general expenses | 99,000,000 | 103,000,000 | 83,000,000 | 99,000,000 | 87,000,000 | 92,000,000 | 88,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
operating earnings before income taxes | 136,000,000 | 146,000,000 | 155,000,000 | 69,000,000 | 95,000,000 | 208,000,000 | 158,000,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-06-30 | 2013-03-31 | 2012-09-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 1,353,000,000 | 1,842,000,000 | 1,268,000,000 | 1,276,000,000 | 1,406,000,000 | 1,322,000,000 | 1,121,000,000 | 1,087,000,000 | 1,225,000,000 | 1,221,000,000 | 988,000,000 | 857,000,000 | 872,000,000 | 794,000,000 | 967,000,000 | 1,181,000,000 | 2,131,000,000 | 2,833,000,000 | 3,365,000,000 | 1,691,000,000 | 2,810,000,000 | 3,747,000,000 | 2,698,000,000 | 1,673,000,000 | 2,314,000,000 | 2,693,000,000 | 2,374,000,000 | 2,000,000,000 | 1,515,000,000 | 2,009,000,000 | 1,810,000,000 | 1,659,000,000 | 2,338,000,000 | 2,349,000,000 | 2,207,000,000 | 1,890,000,000 | 2,107,000,000 | 1,639,000,000 | 1,548,000,000 | 1,231,000,000 | 1,220,000,000 | 894,000,000 | 1,216,000,000 | 1,212,000,000 | 1,343,000,000 | 1,310,000,000 | 2,116,000,000 | 1,876,000,000 | 1,639,000,000 | 1,271,000,000 | 1,529,000,000 | 1,422,000,000 | 1,324,000,000 | 991,000,000 | 1,629,000,000 | 1,499,000,000 | 1,099,000,000 | 1,140,000,000 | 1,011,000,000 | |
investments: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturities, available for sale at fair value | 11,397,000,000 | 10,518,000,000 | 10,489,000,000 | 10,568,000,000 | 10,398,000,000 | 10,435,000,000 | 10,196,000,000 | 10,371,000,000 | 10,377,000,000 | 9,931,000,000 | 9,885,000,000 | 10,044,000,000 | 10,095,000,000 | 10,034,000,000 | 9,793,000,000 | 10,809,000,000 | 10,357,000,000 | 10,427,000,000 | 9,732,000,000 | 9,289,000,000 | 43,207,000,000 | 48,193,000,000 | 48,046,000,000 | 46,134,000,000 | 46,505,000,000 | 45,503,000,000 | 44,710,000,000 | 43,431,000,000 | 41,997,000,000 | 40,244,000,000 | 39,648,000,000 | 39,125,000,000 | 38,379,000,000 | 37,818,000,000 | 37,504,000,000 | 36,456,000,000 | 34,544,000,000 | 35,394,000,000 | 34,638,000,000 | 33,921,000,000 | 32,284,000,000 | 33,114,000,000 | 32,260,000,000 | 31,968,000,000 | 30,734,000,000 | 29,965,000,000 | 28,988,000,000 | 27,390,000,000 | 26,456,000,000 | 25,035,000,000 | 24,775,000,000 | 22,371,000,000 | 21,807,000,000 | 21,552,000,000 | 20,500,000,000 | 19,630,000,000 | 19,328,000,000 | 19,454,000,000 | 17,950,000,000 | |
fixed maturities, trading at fair value | 80,000,000 | 80,000,000 | 82,000,000 | 71,000,000 | 76,000,000 | 78,000,000 | 65,000,000 | 57,000,000 | 57,000,000 | 51,000,000 | 38,000,000 | 36,000,000 | 32,000,000 | 30,000,000 | 29,000,000 | 30,000,000 | 28,000,000 | 29,000,000 | 26,000,000 | 26,000,000 | 66,000,000 | 92,000,000 | 97,000,000 | 96,000,000 | 113,000,000 | 108,000,000 | 106,000,000 | 107,000,000 | 105,000,000 | 103,000,000 | 137,000,000 | 160,000,000 | 348,000,000 | 350,000,000 | 339,000,000 | 359,000,000 | 359,000,000 | 348,000,000 | 271,000,000 | 249,000,000 | 254,000,000 | 269,000,000 | 279,000,000 | 273,000,000 | 266,000,000 | 342,000,000 | 343,000,000 | 297,000,000 | 305,000,000 | 293,000,000 | 307,000,000 | 457,000,000 | 440,000,000 | 441,000,000 | 395,000,000 | 397,000,000 | 393,000,000 | 385,000,000 | 384,000,000 | |
equity securities, at fair value | 753,000,000 | 800,000,000 | 800,000,000 | 770,000,000 | 751,000,000 | 1,081,000,000 | 1,077,000,000 | 1,040,000,000 | 1,018,000,000 | 1,007,000,000 | 1,048,000,000 | 1,008,000,000 | 1,010,000,000 | 996,000,000 | 1,029,000,000 | 1,022,000,000 | 1,042,000,000 | 993,000,000 | 965,000,000 | 944,000,000 | 1,663,000,000 | 1,606,000,000 | 1,602,000,000 | 1,559,000,000 | 1,937,000,000 | 2,004,000,000 | 1,985,000,000 | 1,930,000,000 | 1,814,000,000 | 1,827,000,000 | 1,777,000,000 | 1,786,000,000 | 1,474,000,000 | 1,473,000,000 | 1,297,000,000 | 1,179,000,000 | 1,199,000,000 | 1,065,000,000 | 1,054,000,000 | 928,000,000 | 930,000,000 | 779,000,000 | 743,000,000 | 690,000,000 | 581,000,000 | 438,000,000 | ||||||||||||||
investments accounted for using the equity method | 2,443,000,000 | 2,383,000,000 | 2,341,000,000 | 2,326,000,000 | 2,277,000,000 | 1,911,000,000 | 1,882,000,000 | 1,848,000,000 | 1,814,000,000 | 1,807,000,000 | 1,756,000,000 | 1,733,000,000 | 1,700,000,000 | 1,661,000,000 | 1,626,000,000 | 1,619,000,000 | 1,517,000,000 | 1,407,000,000 | 1,378,000,000 | 1,324,000,000 | 1,881,000,000 | 1,841,000,000 | 1,781,000,000 | 1,763,000,000 | 1,688,000,000 | 1,535,000,000 | 1,506,000,000 | 1,440,000,000 | 1,374,000,000 | 1,289,000,000 | 1,194,000,000 | 1,097,000,000 | ||||||||||||||||||||||||||||
mortgage loans | 961,000,000 | 975,000,000 | 909,000,000 | 827,000,000 | 791,000,000 | 765,000,000 | 773,000,000 | 722,000,000 | 643,000,000 | 644,000,000 | 645,000,000 | 646,000,000 | 676,000,000 | 676,000,000 | 692,000,000 | 784,000,000 | 520,000,000 | 537,000,000 | 461,000,000 | 408,000,000 | 1,623,000,000 | 1,482,000,000 | 1,475,000,000 | 1,346,000,000 | 1,329,000,000 | 1,174,000,000 | 1,073,000,000 | 1,078,000,000 | 1,068,000,000 | 1,152,000,000 | 1,147,000,000 | 1,082,000,000 | 1,125,000,000 | 1,043,000,000 | 1,184,000,000 | 1,159,000,000 | 1,147,000,000 | 1,180,000,000 | 1,159,000,000 | 1,097,000,000 | 1,067,000,000 | 994,000,000 | 1,054,000,000 | 1,091,000,000 | 1,117,000,000 | 1,064,000,000 | 920,000,000 | 888,000,000 | 781,000,000 | 599,000,000 | 584,000,000 | 438,000,000 | 401,000,000 | 384,000,000 | 340,000,000 | 551,000,000 | 468,000,000 | 492,000,000 | 489,000,000 | |
real estate and other investments | 156,000,000 | 163,000,000 | 160,000,000 | 156,000,000 | 153,000,000 | 149,000,000 | 147,000,000 | 129,000,000 | 129,000,000 | 133,000,000 | 129,000,000 | 127,000,000 | 127,000,000 | 131,000,000 | 132,000,000 | 156,000,000 | 150,000,000 | 161,000,000 | 198,000,000 | 218,000,000 | 276,000,000 | 275,000,000 | 279,000,000 | 280,000,000 | 278,000,000 | 274,000,000 | 271,000,000 | 262,000,000 | 267,000,000 | 282,000,000 | 272,000,000 | 268,000,000 | 1,311,000,000 | 1,239,000,000 | 1,128,000,000 | 1,086,000,000 | 1,034,000,000 | 1,411,000,000 | 1,270,000,000 | 1,093,000,000 | 991,000,000 | 809,000,000 | 908,000,000 | 904,000,000 | 826,000,000 | 766,000,000 | 770,000,000 | 744,000,000 | 715,000,000 | 623,000,000 | 600,000,000 | 487,000,000 | 425,000,000 | 403,000,000 | 470,000,000 | 459,000,000 | 428,000,000 | 404,000,000 | 386,000,000 | |
total cash and investments | 17,143,000,000 | 16,761,000,000 | 16,049,000,000 | 15,994,000,000 | 15,852,000,000 | 15,741,000,000 | 15,261,000,000 | 15,254,000,000 | 15,263,000,000 | 14,794,000,000 | 14,489,000,000 | 14,451,000,000 | 14,512,000,000 | 14,322,000,000 | 14,268,000,000 | 15,601,000,000 | 15,745,000,000 | 16,387,000,000 | 16,125,000,000 | 13,900,000,000 | 52,502,000,000 | 58,087,000,000 | 56,741,000,000 | 53,221,000,000 | 55,252,000,000 | 54,207,000,000 | 52,907,000,000 | 51,040,000,000 | 48,498,000,000 | 47,841,000,000 | 46,779,000,000 | 45,949,000,000 | 46,048,000,000 | 45,253,000,000 | 44,779,000,000 | 43,350,000,000 | 41,433,000,000 | 41,805,000,000 | 40,639,000,000 | 39,437,000,000 | 37,736,000,000 | 38,132,000,000 | 37,644,000,000 | 37,384,000,000 | 36,210,000,000 | 35,151,000,000 | 34,843,000,000 | 32,727,000,000 | 31,313,000,000 | 29,262,000,000 | 29,084,000,000 | 26,478,000,000 | 25,577,000,000 | 24,954,000,000 | 24,368,000,000 | 23,537,000,000 | 22,670,000,000 | 22,723,000,000 | 20,927,000,000 | |
recoverables from reinsurers | 5,303,000,000 | 5,565,000,000 | 4,733,000,000 | 4,945,000,000 | 5,176,000,000 | 5,217,000,000 | 4,157,000,000 | 4,510,000,000 | 4,477,000,000 | 4,421,000,000 | 3,852,000,000 | 3,838,000,000 | 3,977,000,000 | 4,108,000,000 | 3,567,000,000 | 3,478,000,000 | 3,519,000,000 | 3,523,000,000 | 3,330,000,000 | 3,231,000,000 | 3,819,000,000 | 3,476,000,000 | 3,387,000,000 | 3,415,000,000 | 3,261,000,000 | 3,150,000,000 | 3,258,000,000 | 3,349,000,000 | 3,352,000,000 | 3,073,000,000 | 3,173,000,000 | 3,369,000,000 | 3,262,000,000 | 2,839,000,000 | 2,735,000,000 | 2,737,000,000 | 2,814,000,000 | 2,576,000,000 | 2,561,000,000 | 2,636,000,000 | 3,151,000,000 | 3,075,000,000 | 3,046,000,000 | 3,238,000,000 | 3,134,000,000 | 3,107,000,000 | 2,969,000,000 | 3,157,000,000 | 3,044,000,000 | 3,083,000,000 | 2,678,000,000 | 2,942,000,000 | 2,908,000,000 | 2,866,000,000 | 2,852,000,000 | 2,964,000,000 | 2,949,000,000 | 3,071,000,000 | ||
prepaid reinsurance premiums | 1,211,000,000 | 1,443,000,000 | 1,256,000,000 | 1,105,000,000 | 1,013,000,000 | 1,346,000,000 | 1,143,000,000 | 1,078,000,000 | 961,000,000 | 1,223,000,000 | 1,112,000,000 | 1,021,000,000 | 917,000,000 | 1,180,000,000 | 1,006,000,000 | 933,000,000 | 834,000,000 | 1,028,000,000 | 865,000,000 | 755,000,000 | 768,000,000 | 862,000,000 | 733,000,000 | 708,000,000 | 678,000,000 | 781,000,000 | 651,000,000 | 636,000,000 | 610,000,000 | 717,000,000 | 645,000,000 | 614,000,000 | 600,000,000 | 691,000,000 | 587,000,000 | 533,000,000 | 539,000,000 | 634,000,000 | 521,000,000 | 475,000,000 | 480,000,000 | 604,000,000 | 499,000,000 | 475,000,000 | 469,000,000 | 587,000,000 | 489,000,000 | 438,000,000 | 408,000,000 | 520,000,000 | 466,000,000 | 415,000,000 | 409,000,000 | 570,000,000 | 439,000,000 | 395,000,000 | 422,000,000 | 536,000,000 | 398,000,000 | |
agents’ balances and premiums receivable | 1,670,000,000 | 2,034,000,000 | 1,946,000,000 | 1,589,000,000 | 1,532,000,000 | 1,995,000,000 | 1,909,000,000 | 1,606,000,000 | 1,471,000,000 | 2,088,000,000 | 1,796,000,000 | 1,459,000,000 | 1,339,000,000 | 1,698,000,000 | 1,623,000,000 | 1,391,000,000 | 1,265,000,000 | 1,492,000,000 | 1,423,000,000 | 1,209,000,000 | 1,231,000,000 | 1,384,000,000 | 1,366,000,000 | 1,302,000,000 | 1,335,000,000 | 1,403,000,000 | 1,398,000,000 | 1,283,000,000 | 1,234,000,000 | 1,299,000,000 | 1,266,000,000 | 1,113,000,000 | 1,146,000,000 | 1,173,000,000 | 1,124,000,000 | 989,000,000 | 997,000,000 | 1,029,000,000 | 992,000,000 | 936,000,000 | 937,000,000 | 976,000,000 | 959,000,000 | 864,000,000 | 889,000,000 | 901,000,000 | 902,000,000 | 735,000,000 | 739,000,000 | 754,000,000 | 649,000,000 | 550,000,000 | 565,000,000 | 866,000,000 | 705,000,000 | 520,000,000 | 535,000,000 | 773,000,000 | 639,000,000 | |
deferred policy acquisition costs | 334,000,000 | 349,000,000 | 345,000,000 | 316,000,000 | 320,000,000 | 340,000,000 | 328,000,000 | 309,000,000 | 309,000,000 | 324,000,000 | 316,000,000 | 285,000,000 | 288,000,000 | 292,000,000 | 293,000,000 | 271,000,000 | 267,000,000 | 262,000,000 | 258,000,000 | 244,000,000 | 546,000,000 | 497,000,000 | 818,000,000 | 1,573,000,000 | 1,037,000,000 | 964,000,000 | 1,203,000,000 | 1,447,000,000 | 1,682,000,000 | 1,669,000,000 | 1,582,000,000 | 1,417,000,000 | 1,216,000,000 | 1,119,000,000 | 1,156,000,000 | 1,205,000,000 | 1,239,000,000 | 867,000,000 | 881,000,000 | 1,055,000,000 | 1,184,000,000 | 993,000,000 | 965,000,000 | 756,000,000 | 821,000,000 | 858,000,000 | 806,000,000 | 890,000,000 | 975,000,000 | 818,000,000 | 565,000,000 | 916,000,000 | 1,105,000,000 | 1,127,000,000 | 1,198,000,000 | 1,228,000,000 | 1,244,000,000 | 1,154,000,000 | 1,323,000,000 | |
assets of managed investment entities | 3,987,000,000 | 3,972,000,000 | 3,833,000,000 | 3,848,000,000 | 4,140,000,000 | 4,332,000,000 | 4,695,000,000 | 4,669,000,000 | 4,484,000,000 | 4,871,000,000 | 5,235,000,000 | 5,391,000,000 | 5,447,000,000 | 5,099,000,000 | 5,218,000,000 | 5,231,000,000 | 5,296,000,000 | 5,130,000,000 | 5,086,000,000 | 5,102,000,000 | 4,971,000,000 | 4,717,000,000 | 4,393,000,000 | 4,026,000,000 | 4,736,000,000 | 4,702,000,000 | 4,781,000,000 | 4,786,000,000 | 4,700,000,000 | 4,998,000,000 | 5,032,000,000 | 5,090,000,000 | 4,902,000,000 | 4,767,000,000 | 4,873,000,000 | 5,331,000,000 | 4,765,000,000 | 4,312,000,000 | 4,410,000,000 | 3,906,000,000 | 4,047,000,000 | 3,613,000,000 | 3,629,000,000 | 3,279,000,000 | 3,108,000,000 | 2,946,000,000 | 2,799,000,000 | 2,723,000,000 | 2,888,000,000 | 2,973,000,000 | 3,285,000,000 | 2,952,000,000 | 3,058,000,000 | 2,439,000,000 | 2,591,000,000 | 2,570,000,000 | 2,537,000,000 | 2,491,000,000 | 2,432,000,000 | |
other receivables | 1,058,000,000 | 2,075,000,000 | 877,000,000 | 855,000,000 | 1,123,000,000 | 1,989,000,000 | 758,000,000 | 958,000,000 | 1,171,000,000 | 1,377,000,000 | 721,000,000 | 637,000,000 | 886,000,000 | 1,328,000,000 | 740,000,000 | 645,000,000 | 857,000,000 | 1,097,000,000 | 682,000,000 | 576,000,000 | 959,000,000 | 1,185,000,000 | 880,000,000 | 981,000,000 | 975,000,000 | 1,187,000,000 | 999,000,000 | 1,011,000,000 | 1,090,000,000 | 1,633,000,000 | 1,048,000,000 | 918,000,000 | 1,030,000,000 | 1,545,000,000 | 923,000,000 | 875,000,000 | 908,000,000 | 1,391,000,000 | 788,000,000 | 693,000,000 | 820,000,000 | 1,241,000,000 | 660,000,000 | 641,000,000 | 910,000,000 | 1,140,000,000 | 527,000,000 | 524,000,000 | 854,000,000 | 422,000,000 | 384,000,000 | 625,000,000 | 895,000,000 | 797,000,000 | 438,000,000 | 407,000,000 | 674,000,000 | 655,000,000 | 309,000,000 | |
other assets | 1,320,000,000 | 1,308,000,000 | 1,325,000,000 | 1,337,000,000 | 1,375,000,000 | 1,326,000,000 | 1,357,000,000 | 1,312,000,000 | 1,346,000,000 | 1,422,000,000 | 1,281,000,000 | 1,153,000,000 | 1,219,000,000 | 1,259,000,000 | 1,123,000,000 | 966,000,000 | 902,000,000 | 847,000,000 | 835,000,000 | 865,000,000 | 1,626,000,000 | 1,749,000,000 | 1,676,000,000 | 1,741,000,000 | 1,867,000,000 | 1,754,000,000 | 1,785,000,000 | 1,854,000,000 | 1,529,000,000 | 1,832,000,000 | 1,574,000,000 | 1,551,000,000 | 1,504,000,000 | 1,526,000,000 | 1,518,000,000 | 1,633,000,000 | 1,655,000,000 | 1,188,000,000 | 1,132,000,000 | 1,181,000,000 | 1,212,000,000 | 1,051,000,000 | 1,137,000,000 | 994,000,000 | 1,027,000,000 | 985,000,000 | 1,001,000,000 | 913,000,000 | 903,000,000 | 828,000,000 | 824,000,000 | 810,000,000 | 757,000,000 | 768,000,000 | 638,000,000 | 618,000,000 | 606,000,000 | 599,000,000 | 693,000,000 | |
goodwill | 327,000,000 | 327,000,000 | 305,000,000 | 305,000,000 | 305,000,000 | 305,000,000 | 305,000,000 | 305,000,000 | 305,000,000 | 305,000,000 | 246,000,000 | 246,000,000 | 246,000,000 | 246,000,000 | 246,000,000 | 246,000,000 | 246,000,000 | 176,000,000 | 176,000,000 | 176,000,000 | 207,000,000 | 207,000,000 | 207,000,000 | 207,000,000 | 207,000,000 | 207,000,000 | 207,000,000 | 207,000,000 | 207,000,000 | 199,000,000 | 199,000,000 | 199,000,000 | 199,000,000 | 199,000,000 | 199,000,000 | 199,000,000 | 199,000,000 | 199,000,000 | 199,000,000 | 199,000,000 | 199,000,000 | 201,000,000 | 201,000,000 | 201,000,000 | 201,000,000 | 201,000,000 | 200,000,000 | 185,000,000 | 185,000,000 | 185,000,000 | 185,000,000 | 186,000,000 | 186,000,000 | 186,000,000 | 186,000,000 | 186,000,000 | 186,000,000 | 186,000,000 | 208,000,000 | |
total assets | 32,353,000,000 | 33,834,000,000 | 30,669,000,000 | 30,294,000,000 | 30,836,000,000 | 32,591,000,000 | 29,913,000,000 | 30,001,000,000 | 29,787,000,000 | 30,825,000,000 | 29,048,000,000 | 28,481,000,000 | 28,831,000,000 | 29,532,000,000 | 28,084,000,000 | 28,762,000,000 | 28,931,000,000 | 29,942,000,000 | 28,780,000,000 | 74,197,000,000 | 73,566,000,000 | 73,110,000,000 | 70,867,000,000 | 67,643,000,000 | 70,130,000,000 | 69,067,000,000 | 67,697,000,000 | 66,132,000,000 | 63,456,000,000 | 64,190,000,000 | 61,834,000,000 | 60,656,000,000 | 60,658,000,000 | 60,163,000,000 | 58,618,000,000 | 57,464,000,000 | 55,072,000,000 | 54,845,000,000 | 52,733,000,000 | 51,038,000,000 | 49,859,000,000 | 50,557,000,000 | 49,424,000,000 | 48,307,000,000 | 47,535,000,000 | 46,552,000,000 | 45,355,000,000 | 42,770,000,000 | 42,087,000,000 | 39,414,000,000 | 39,139,000,000 | 36,211,000,000 | 36,042,000,000 | 35,130,000,000 | 34,053,000,000 | 32,948,000,000 | 32,454,000,000 | 32,639,000,000 | 30,526,000,000 | |
liabilities and equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unpaid losses and loss adjustment expenses | 14,914,000,000 | 15,079,000,000 | 13,834,000,000 | 13,970,000,000 | 14,179,000,000 | 14,206,000,000 | 12,607,000,000 | 13,050,000,000 | 13,087,000,000 | 12,891,000,000 | 11,925,000,000 | 11,761,000,000 | 11,974,000,000 | 12,067,000,000 | 11,201,000,000 | 10,986,000,000 | 11,074,000,000 | 10,991,000,000 | 10,498,000,000 | 10,384,000,000 | 10,392,000,000 | 10,754,000,000 | 10,321,000,000 | 10,106,000,000 | 10,232,000,000 | 9,847,000,000 | 9,577,000,000 | 9,623,000,000 | 9,741,000,000 | 9,670,000,000 | 9,093,000,000 | 9,193,000,000 | 9,678,000,000 | 9,563,000,000 | 8,730,000,000 | 8,621,000,000 | 8,563,000,000 | 8,661,000,000 | 8,203,000,000 | 8,108,000,000 | 8,127,000,000 | 8,061,000,000 | 7,744,000,000 | 7,636,000,000 | 7,872,000,000 | 7,645,000,000 | 7,370,000,000 | 6,134,000,000 | 6,410,000,000 | 6,098,000,000 | 6,238,000,000 | 6,117,000,000 | 6,520,000,000 | 6,485,000,000 | 6,345,000,000 | 6,279,000,000 | 6,413,000,000 | 6,434,000,000 | 6,070,000,000 | |
unearned premiums | 3,911,000,000 | 4,450,000,000 | 4,026,000,000 | 3,710,000,000 | 3,584,000,000 | 4,320,000,000 | 3,816,000,000 | 3,650,000,000 | 3,451,000,000 | 3,997,000,000 | 3,686,000,000 | 3,435,000,000 | 3,246,000,000 | 3,785,000,000 | 3,397,000,000 | 3,206,000,000 | 3,041,000,000 | 3,415,000,000 | 3,054,000,000 | 2,821,000,000 | 2,803,000,000 | 3,015,000,000 | 2,778,000,000 | 2,808,000,000 | 2,830,000,000 | 2,986,000,000 | 2,683,000,000 | 2,605,000,000 | 2,595,000,000 | 2,740,000,000 | 2,539,000,000 | 2,413,000,000 | 2,410,000,000 | 2,567,000,000 | 2,294,000,000 | 2,174,000,000 | 2,171,000,000 | 2,328,000,000 | 2,109,000,000 | 2,051,000,000 | 2,060,000,000 | 2,238,000,000 | 2,004,000,000 | 1,936,000,000 | 1,956,000,000 | 2,114,000,000 | 1,911,000,000 | 1,788,000,000 | 1,757,000,000 | 1,789,000,000 | 1,697,000,000 | 1,496,000,000 | 1,484,000,000 | 1,764,000,000 | 1,555,000,000 | 1,448,000,000 | 1,534,000,000 | 1,743,000,000 | 1,555,000,000 | |
payable to reinsurers | 1,065,000,000 | 1,578,000,000 | 1,152,000,000 | 1,028,000,000 | 1,191,000,000 | 1,620,000,000 | 1,176,000,000 | 1,078,000,000 | 1,186,000,000 | 1,398,000,000 | 1,038,000,000 | 911,000,000 | 1,035,000,000 | 1,366,000,000 | 971,000,000 | 910,000,000 | 920,000,000 | 1,146,000,000 | 829,000,000 | 753,000,000 | 807,000,000 | 977,000,000 | 746,000,000 | 779,000,000 | 814,000,000 | 867,000,000 | 755,000,000 | 730,000,000 | 752,000,000 | 932,000,000 | 721,000,000 | 661,000,000 | 743,000,000 | 906,000,000 | 681,000,000 | 621,000,000 | 634,000,000 | 835,000,000 | 588,000,000 | 501,000,000 | 591,000,000 | 724,000,000 | 511,000,000 | 494,000,000 | 645,000,000 | 673,000,000 | 445,000,000 | 400,000,000 | 508,000,000 | 367,000,000 | 250,000,000 | 292,000,000 | 475,000,000 | 651,000,000 | 302,000,000 | 228,000,000 | 320,000,000 | 446,000,000 | 277,000,000 | |
liabilities of managed investment entities | 3,854,000,000 | 3,834,000,000 | 3,685,000,000 | 3,726,000,000 | 3,965,000,000 | 4,168,000,000 | 4,536,000,000 | 4,468,000,000 | 4,307,000,000 | 4,728,000,000 | 5,098,000,000 | 5,258,000,000 | 5,332,000,000 | 5,002,000,000 | 5,133,000,000 | 5,112,000,000 | 5,220,000,000 | 5,034,000,000 | 5,029,000,000 | 5,045,000,000 | 4,771,000,000 | 4,541,000,000 | 4,236,000,000 | 3,865,000,000 | 4,571,000,000 | 4,523,000,000 | 4,590,000,000 | 4,593,000,000 | 4,512,000,000 | 4,807,000,000 | 4,840,000,000 | 4,869,000,000 | 4,687,000,000 | 4,506,000,000 | 4,685,000,000 | 5,101,000,000 | 4,549,000,000 | 4,067,000,000 | 4,192,000,000 | 3,656,000,000 | 3,781,000,000 | 3,287,000,000 | 3,309,000,000 | 2,952,000,000 | 2,819,000,000 | 2,625,000,000 | 2,499,000,000 | 2,413,000,000 | 2,567,000,000 | 2,603,000,000 | 2,880,000,000 | 2,672,000,000 | 2,787,000,000 | 2,229,000,000 | 2,430,000,000 | 2,388,000,000 | 2,323,000,000 | 2,271,000,000 | 2,209,000,000 | |
long-term debt | 1,820,000,000 | 1,820,000,000 | 1,476,000,000 | 1,476,000,000 | 1,475,000,000 | 1,475,000,000 | 1,475,000,000 | 1,475,000,000 | 1,475,000,000 | 1,474,000,000 | 1,474,000,000 | 1,478,000,000 | 1,496,000,000 | 1,533,000,000 | 1,542,000,000 | 1,917,000,000 | 1,964,000,000 | 1,964,000,000 | 1,963,000,000 | 1,963,000,000 | 1,963,000,000 | 2,108,000,000 | 1,912,000,000 | 1,473,000,000 | 1,473,000,000 | 1,423,000,000 | 1,423,000,000 | 1,423,000,000 | 1,302,000,000 | 1,302,000,000 | 1,301,000,000 | 1,301,000,000 | 1,301,000,000 | 1,284,000,000 | 1,405,000,000 | 1,283,000,000 | 1,283,000,000 | 1,300,000,000 | 998,000,000 | 998,000,000 | 1,020,000,000 | 880,000,000 | 1,024,000,000 | 1,061,000,000 | 1,061,000,000 | 1,062,000,000 | 912,000,000 | 913,000,000 | 913,000,000 | 949,000,000 | 950,000,000 | 931,000,000 | 934,000,000 | 937,000,000 | 940,000,000 | 949,000,000 | 952,000,000 | 954,000,000 | 851,000,000 | |
other liabilities | 2,111,000,000 | 2,343,000,000 | 1,980,000,000 | 1,992,000,000 | 1,976,000,000 | 2,094,000,000 | 1,919,000,000 | 2,040,000,000 | 2,023,000,000 | 2,356,000,000 | 1,834,000,000 | 1,697,000,000 | 1,696,000,000 | 1,847,000,000 | 1,773,000,000 | 1,796,000,000 | 1,700,000,000 | 2,152,000,000 | 1,806,000,000 | 1,653,000,000 | 2,197,000,000 | 2,231,000,000 | 2,173,000,000 | 1,998,000,000 | 2,295,000,000 | 2,235,000,000 | 2,300,000,000 | 2,245,000,000 | 1,774,000,000 | 2,324,000,000 | 2,087,000,000 | 1,847,000,000 | 1,887,000,000 | 1,992,000,000 | 2,201,000,000 | 2,166,000,000 | 1,755,000,000 | 1,768,000,000 | 1,557,000,000 | 1,672,000,000 | 1,575,000,000 | 1,681,000,000 | 1,834,000,000 | 1,855,000,000 | 1,527,000,000 | 1,564,000,000 | 1,781,000,000 | 1,700,000,000 | 1,546,000,000 | 1,497,000,000 | 1,506,000,000 | 1,567,000,000 | 1,456,000,000 | 1,446,000,000 | 1,424,000,000 | 1,336,000,000 | 1,121,000,000 | 1,370,000,000 | 1,081,000,000 | |
total liabilities | 27,675,000,000 | 29,104,000,000 | 26,153,000,000 | 25,902,000,000 | 26,370,000,000 | 27,883,000,000 | 25,529,000,000 | 25,761,000,000 | 25,529,000,000 | 26,844,000,000 | 25,055,000,000 | 24,540,000,000 | 24,779,000,000 | 25,600,000,000 | 24,017,000,000 | 23,927,000,000 | 23,919,000,000 | 24,702,000,000 | 23,179,000,000 | 67,512,000,000 | 66,777,000,000 | 66,770,000,000 | 64,741,000,000 | 62,596,000,000 | 63,861,000,000 | 62,746,000,000 | 61,607,000,000 | 60,467,000,000 | 58,484,000,000 | 59,026,000,000 | 56,750,000,000 | 55,473,000,000 | 55,324,000,000 | 54,784,000,000 | 53,306,000,000 | 52,269,000,000 | 50,153,000,000 | 49,487,000,000 | 47,540,000,000 | 46,101,000,000 | 45,089,000,000 | 45,651,000,000 | 44,440,000,000 | 43,207,000,000 | 42,481,000,000 | 41,474,000,000 | 40,197,000,000 | 37,797,000,000 | 37,318,000,000 | 34,776,000,000 | 34,231,000,000 | 31,479,000,000 | 31,351,000,000 | 30,510,000,000 | 29,428,000,000 | 28,336,000,000 | 27,834,000,000 | 27,910,000,000 | 26,095,000,000 | |
shareholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock | 83,000,000 | 83,000,000 | 83,000,000 | 84,000,000 | 84,000,000 | 84,000,000 | 84,000,000 | 84,000,000 | 84,000,000 | 84,000,000 | 85,000,000 | 85,000,000 | 85,000,000 | 85,000,000 | 85,000,000 | 85,000,000 | 85,000,000 | 85,000,000 | 85,000,000 | 85,000,000 | 86,000,000 | 87,000,000 | 89,000,000 | 90,000,000 | 90,000,000 | 90,000,000 | 90,000,000 | 90,000,000 | 89,000,000 | 89,000,000 | 89,000,000 | 89,000,000 | 88,000,000 | 88,000,000 | 88,000,000 | 88,000,000 | 87,000,000 | 87,000,000 | 87,000,000 | 87,000,000 | 87,000,000 | 87,000,000 | 88,000,000 | 88,000,000 | 88,000,000 | 88,000,000 | 90,000,000 | 90,000,000 | 90,000,000 | 89,000,000 | 90,000,000 | 103,000,000 | 105,000,000 | 109,000,000 | ||||||
capital surplus | 1,428,000,000 | 1,421,000,000 | 1,414,000,000 | 1,409,000,000 | 1,411,000,000 | 1,400,000,000 | 1,392,000,000 | 1,382,000,000 | 1,372,000,000 | 1,372,000,000 | 1,377,000,000 | 1,374,000,000 | 1,368,000,000 | 1,358,000,000 | 1,351,000,000 | 1,340,000,000 | 1,330,000,000 | 1,315,000,000 | 1,303,000,000 | 1,279,000,000 | 1,281,000,000 | 1,283,000,000 | 1,299,000,000 | 1,309,000,000 | 1,307,000,000 | 1,292,000,000 | 1,277,000,000 | 1,256,000,000 | 1,245,000,000 | 1,231,000,000 | 1,220,000,000 | 1,205,000,000 | 1,181,000,000 | 1,167,000,000 | 1,158,000,000 | 1,138,000,000 | 1,111,000,000 | 1,242,000,000 | 1,228,000,000 | 1,218,000,000 | 1,214,000,000 | 1,195,000,000 | 1,183,000,000 | 1,173,000,000 | 1,152,000,000 | 1,150,000,000 | 1,152,000,000 | 1,138,000,000 | 1,123,000,000 | 1,088,000,000 | 1,090,000,000 | 1,126,000,000 | 1,121,000,000 | 1,114,000,000 | 1,138,000,000 | 1,159,000,000 | 1,166,000,000 | 1,190,000,000 | 1,190,000,000 | |
retained earnings | 3,294,000,000 | 3,299,000,000 | 3,151,000,000 | 3,078,000,000 | 3,211,000,000 | 3,360,000,000 | 3,239,000,000 | 3,089,000,000 | 3,121,000,000 | 3,095,000,000 | 3,042,000,000 | 2,933,000,000 | 3,142,000,000 | 3,091,000,000 | 2,979,000,000 | 3,541,000,000 | 3,478,000,000 | 3,680,000,000 | 4,023,000,000 | 4,354,000,000 | 4,149,000,000 | 3,737,000,000 | 3,685,000,000 | 3,616,000,000 | 4,009,000,000 | 4,022,000,000 | 3,914,000,000 | 3,875,000,000 | 3,588,000,000 | 3,800,000,000 | 3,628,000,000 | 3,584,000,000 | 3,248,000,000 | 3,435,000,000 | 3,451,000,000 | 3,466,000,000 | 3,343,000,000 | 3,079,000,000 | 3,016,000,000 | 3,002,000,000 | ||||||||||||||||||||
accumulated other comprehensive income, net of tax | -127,000,000 | -73,000,000 | -132,000,000 | -179,000,000 | -240,000,000 | -136,000,000 | -331,000,000 | -315,000,000 | -319,000,000 | -570,000,000 | -511,000,000 | -451,000,000 | -543,000,000 | -602,000,000 | -348,000,000 | -131,000,000 | 119,000,000 | 160,000,000 | 190,000,000 | 967,000,000 | 1,273,000,000 | 1,233,000,000 | 1,053,000,000 | 32,000,000 | 863,000,000 | 917,000,000 | 809,000,000 | 444,000,000 | 48,000,000 | 44,000,000 | 147,000,000 | 305,000,000 | 813,000,000 | 689,000,000 | 615,000,000 | 499,000,000 | 375,000,000 | 753,000,000 | 669,000,000 | 448,000,000 | 304,000,000 | 461,000,000 | 563,000,000 | 776,000,000 | 727,000,000 | 718,000,000 | 799,000,000 | 677,000,000 | 560,000,000 | 599,000,000 | 869,000,000 | 714,000,000 | 557,000,000 | 563,000,000 | 579,000,000 | 503,000,000 | 479,000,000 | 607,000,000 | 398,000,000 | |
total shareholders’ equity | 4,678,000,000 | 4,730,000,000 | 4,516,000,000 | 4,392,000,000 | 4,466,000,000 | 4,708,000,000 | 4,384,000,000 | 4,240,000,000 | 4,258,000,000 | 3,981,000,000 | 3,993,000,000 | 3,941,000,000 | 4,052,000,000 | 3,932,000,000 | 4,067,000,000 | 4,835,000,000 | 5,012,000,000 | 5,240,000,000 | 5,601,000,000 | 6,685,000,000 | 6,789,000,000 | 6,340,000,000 | 6,126,000,000 | 5,047,000,000 | 6,269,000,000 | 6,321,000,000 | 6,090,000,000 | 5,665,000,000 | 4,970,000,000 | 5,164,000,000 | 5,084,000,000 | 5,183,000,000 | 5,330,000,000 | 5,379,000,000 | 5,312,000,000 | 5,191,000,000 | 4,916,000,000 | 5,161,000,000 | 5,000,000,000 | 4,755,000,000 | 4,592,000,000 | 4,724,000,000 | 4,802,000,000 | 4,923,000,000 | 4,879,000,000 | 4,904,000,000 | 4,985,000,000 | 4,796,000,000 | 4,599,000,000 | 4,473,000,000 | 4,733,000,000 | 4,580,000,000 | 4,545,000,000 | 4,465,000,000 | 4,472,000,000 | 4,463,000,000 | 4,470,000,000 | 4,577,000,000 | 4,285,000,000 | |
total liabilities and shareholders’ equity | 32,353,000,000 | 33,834,000,000 | 30,669,000,000 | 30,294,000,000 | 30,836,000,000 | 32,591,000,000 | 29,913,000,000 | 30,001,000,000 | 29,787,000,000 | 30,825,000,000 | 29,048,000,000 | 28,481,000,000 | 28,831,000,000 | 29,532,000,000 | 28,084,000,000 | 28,762,000,000 | 28,931,000,000 | |||||||||||||||||||||||||||||||||||||||||||
assets of discontinued annuity operations | 48,139,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities of discontinued annuity operations | 44,893,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests | 2,000,000 | 1,000,000 | 4,000,000 | 3,000,000 | 197,000,000 | 193,000,000 | 182,000,000 | 178,000,000 | 182,000,000 | 182,000,000 | 177,000,000 | 175,000,000 | 174,000,000 | 173,000,000 | 177,000,000 | 170,000,000 | 165,000,000 | 175,000,000 | 152,000,000 | 146,000,000 | 155,000,000 | 153,000,000 | 149,000,000 | 150,000,000 | 152,000,000 | 146,000,000 | ||||||||||||||||||||||||||||||||||
total equity | 5,240,000,000 | 5,601,000,000 | 6,685,000,000 | 6,789,000,000 | 6,340,000,000 | 6,126,000,000 | 5,047,000,000 | 6,269,000,000 | 6,321,000,000 | 6,090,000,000 | 5,665,000,000 | 4,972,000,000 | 5,164,000,000 | 5,084,000,000 | 5,183,000,000 | 5,331,000,000 | 5,379,000,000 | 5,312,000,000 | 5,195,000,000 | 4,919,000,000 | 5,358,000,000 | 5,193,000,000 | 4,937,000,000 | 4,770,000,000 | 4,906,000,000 | 4,984,000,000 | 5,100,000,000 | 5,054,000,000 | 5,078,000,000 | 5,158,000,000 | 4,973,000,000 | 4,769,000,000 | 4,638,000,000 | 4,908,000,000 | 4,732,000,000 | 4,691,000,000 | 4,620,000,000 | 4,625,000,000 | 4,612,000,000 | 4,620,000,000 | 4,729,000,000 | 4,431,000,000 | ||||||||||||||||||
total liabilities and equity | 29,942,000,000 | 28,780,000,000 | 74,197,000,000 | 73,566,000,000 | 73,110,000,000 | 70,867,000,000 | 67,643,000,000 | 70,130,000,000 | 69,067,000,000 | 67,697,000,000 | 66,132,000,000 | 63,456,000,000 | 64,190,000,000 | 61,834,000,000 | 60,656,000,000 | 60,658,000,000 | 60,163,000,000 | 58,618,000,000 | 57,464,000,000 | 55,072,000,000 | 54,845,000,000 | 52,733,000,000 | 51,038,000,000 | 49,859,000,000 | 50,557,000,000 | 49,424,000,000 | 48,307,000,000 | 47,535,000,000 | 46,552,000,000 | 45,355,000,000 | 42,770,000,000 | 42,087,000,000 | 39,414,000,000 | 39,139,000,000 | 36,211,000,000 | 36,042,000,000 | 35,130,000,000 | 34,053,000,000 | 32,948,000,000 | 32,454,000,000 | 32,639,000,000 | 30,526,000,000 | ||||||||||||||||||
policy loans | 151,000,000 | 154,000,000 | 158,000,000 | 161,000,000 | 164,000,000 | 166,000,000 | 170,000,000 | 172,000,000 | 174,000,000 | 176,000,000 | 179,000,000 | 181,000,000 | 184,000,000 | 186,000,000 | 188,000,000 | 190,000,000 | 192,000,000 | 194,000,000 | 195,000,000 | 198,000,000 | 201,000,000 | 221,000,000 | 223,000,000 | 226,000,000 | 228,000,000 | 230,000,000 | 233,000,000 | 235,000,000 | 238,000,000 | 242,000,000 | 224,000,000 | 249,000,000 | 252,000,000 | 253,000,000 | 255,000,000 | 258,000,000 | 264,000,000 | 267,000,000 | 269,000,000 | |||||||||||||||||||||
equity index call options | 825,000,000 | 697,000,000 | 605,000,000 | 209,000,000 | 924,000,000 | 750,000,000 | 712,000,000 | 620,000,000 | 184,000,000 | 759,000,000 | 615,000,000 | 591,000,000 | 701,000,000 | 629,000,000 | 589,000,000 | 573,000,000 | 492,000,000 | |||||||||||||||||||||||||||||||||||||||||||
recoverables from reinsurers: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property and casualty insurance | 3,288,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed and indexed annuities | 6,539,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | 265,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
variable annuity assets | 664,000,000 | 603,000,000 | 577,000,000 | 497,000,000 | 628,000,000 | 601,000,000 | 616,000,000 | 610,000,000 | 557,000,000 | 650,000,000 | 636,000,000 | 632,000,000 | 644,000,000 | 628,000,000 | 620,000,000 | 614,000,000 | 600,000,000 | 606,000,000 | 595,000,000 | 595,000,000 | 608,000,000 | 595,000,000 | 655,000,000 | 667,000,000 | 662,000,000 | 649,000,000 | 681,000,000 | 666,000,000 | 665,000,000 | 608,000,000 | 614,000,000 | 601,000,000 | 548,000,000 | 515,000,000 | 624,000,000 | 635,000,000 | 616,000,000 | 573,000,000 | 526,000,000 | |||||||||||||||||||||
annuity benefits accumulated | 42,573,000,000 | 41,932,000,000 | 41,392,000,000 | 40,463,000,000 | 40,406,000,000 | 39,651,000,000 | 39,044,000,000 | 38,006,000,000 | 36,616,000,000 | 35,958,000,000 | 34,886,000,000 | 33,901,000,000 | 33,316,000,000 | 32,671,000,000 | 32,014,000,000 | 31,002,000,000 | 29,907,000,000 | 29,222,000,000 | 28,596,000,000 | 27,812,000,000 | 26,622,000,000 | 26,026,000,000 | 25,203,000,000 | 24,411,000,000 | 23,764,000,000 | 23,044,000,000 | 22,516,000,000 | 21,744,000,000 | 20,944,000,000 | 18,848,000,000 | 18,075,000,000 | 16,064,000,000 | 15,420,000,000 | 14,788,000,000 | 14,123,000,000 | 13,405,000,000 | 12,905,000,000 | 12,476,000,000 | 11,897,000,000 | |||||||||||||||||||||
life, accident and health reserves | 607,000,000 | 609,000,000 | 606,000,000 | 607,000,000 | 612,000,000 | 613,000,000 | 619,000,000 | 632,000,000 | 635,000,000 | 643,000,000 | 647,000,000 | 656,000,000 | 658,000,000 | 667,000,000 | 676,000,000 | 687,000,000 | 691,000,000 | 700,000,000 | 702,000,000 | 708,000,000 | 705,000,000 | 2,159,000,000 | 2,156,000,000 | 2,195,000,000 | 2,175,000,000 | 2,098,000,000 | 2,082,000,000 | 2,039,000,000 | 2,008,000,000 | 2,017,000,000 | 2,021,000,000 | 1,739,000,000 | 1,727,000,000 | 1,695,000,000 | 1,685,000,000 | 1,668,000,000 | 1,650,000,000 | 1,643,000,000 | 1,629,000,000 | |||||||||||||||||||||
variable annuity liabilities | 664,000,000 | 603,000,000 | 577,000,000 | 497,000,000 | 628,000,000 | 601,000,000 | 616,000,000 | 610,000,000 | 557,000,000 | 650,000,000 | 636,000,000 | 632,000,000 | 644,000,000 | 628,000,000 | 620,000,000 | 614,000,000 | 600,000,000 | 606,000,000 | 595,000,000 | 595,000,000 | 608,000,000 | 595,000,000 | 655,000,000 | 667,000,000 | 662,000,000 | 649,000,000 | 681,000,000 | 666,000,000 | 665,000,000 | 608,000,000 | 614,000,000 | 601,000,000 | 548,000,000 | 515,000,000 | 624,000,000 | 635,000,000 | 616,000,000 | 573,000,000 | 526,000,000 | |||||||||||||||||||||
redeemable noncontrolling interests | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities, available for sale at fair value | 1,600,000,000 | 1,579,000,000 | 1,581,000,000 | 1,579,000,000 | 1,502,000,000 | 1,553,000,000 | 1,472,000,000 | 1,536,000,000 | 1,553,000,000 | 1,658,000,000 | 1,535,000,000 | 1,530,000,000 | 1,501,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
equity securities, trading at fair value | 62,000,000 | 60,000,000 | 59,000,000 | 58,000,000 | 56,000,000 | 86,000,000 | 86,000,000 | 112,000,000 | 166,000,000 | 173,000,000 | 169,000,000 | 180,000,000 | 195,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
retained earnings: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
appropriated — managed investment entities | -2,000,000 | 2,000,000 | 31,000,000 | 49,000,000 | 49,000,000 | 33,000,000 | 64,000,000 | 173,000,000 | 150,000,000 | 142,000,000 | 162,000,000 | 197,000,000 | 208,000,000 | 212,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
unappropriated | 2,987,000,000 | 2,981,000,000 | 2,968,000,000 | 2,886,000,000 | 2,914,000,000 | 2,946,000,000 | 2,913,000,000 | 2,842,000,000 | 2,777,000,000 | 2,664,000,000 | 2,620,000,000 | 2,498,000,000 | 2,596,000,000 | 2,539,000,000 | 2,512,000,000 | 2,536,000,000 | 2,523,000,000 | 2,464,000,000 | 2,376,000,000 | |||||||||||||||||||||||||||||||||||||||||
total revenues | 53,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total costs and expenses | 43,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating earnings before income taxes | 10,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
- 200,000,000 shares authorized | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
- 97,177,820 and 97,846,402 shares outstanding | 97,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
appropriated – managed investment entities | 145,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
— 200,000,000 shares authorized | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
— 97,846,402 and 105,168,366 shares outstanding | 98,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
- 98,506,233 and 105,168,366 shares outstanding | 99,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
- 101,020,235 and 105,168,366 shares outstanding | 101,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
- 107,739,128 and 113,386,343 shares outstanding | 108,000,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-06-30 | 2013-03-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings | 191,000,000 | 215,000,000 | 174,000,000 | 154,000,000 | 255,000,000 | 181,000,000 | 209,000,000 | 242,000,000 | 263,000,000 | 177,000,000 | 200,000,000 | 212,000,000 | 165,000,000 | 167,000,000 | 290,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
adjustments: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 25,000,000 | 20,000,000 | 22,000,000 | 22,000,000 | 21,000,000 | 21,000,000 | 19,000,000 | 20,000,000 | 18,000,000 | 21,000,000 | 19,000,000 | 20,000,000 | 22,000,000 | 25,000,000 | 27,000,000 | 26,000,000 | 27,000,000 | 27,000,000 | 34,000,000 | 99,000,000 | 51,000,000 | 169,000,000 | -34,000,000 | 113,000,000 | 64,000,000 | 123,000,000 | 38,000,000 | 34,000,000 | 47,000,000 | 57,000,000 | 35,000,000 | 71,000,000 | 2,000,000 | 36,000,000 | 31,000,000 | 38,000,000 | 43,000,000 | 38,000,000 | 25,000,000 | 28,000,000 | 14,000,000 | 34,000,000 | 53,000,000 | 31,000,000 | 49,000,000 | 38,000,000 | 30,000,000 | 27,000,000 | 43,000,000 | 35,000,000 | 35,000,000 | 37,000,000 | 46,000,000 | 53,000,000 | 43,000,000 | 44,000,000 | 52,000,000 | 73,000,000 | 44,000,000 |
realized losses on investing activities | 13,000,000 | -13,000,000 | -4,000,000 | -2,000,000 | 2,000,000 | 2,000,000 | -14,000,000 | 15,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net sales of trading securities | 12,000,000 | 3,000,000 | 8,000,000 | 1,000,000 | -5,000,000 | 33,000,000 | 22,000,000 | 61,000,000 | 12,000,000 | -26,000,000 | 28,000,000 | 3,000,000 | 6,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
change in: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reinsurance and other receivables | 228,000,000 | -2,317,000,000 | -304,000,000 | 349,000,000 | 1,701,000,000 | -2,582,000,000 | 183,000,000 | -71,000,000 | 1,005,000,000 | -1,445,000,000 | -516,000,000 | 162,000,000 | 1,186,000,000 | -1,368,000,000 | -501,000,000 | 39,000,000 | 637,000,000 | -840,000,000 | -422,000,000 | 275,000,000 | 64,000,000 | -643,000,000 | -115,000,000 | 161,000,000 | 218,000,000 | -415,000,000 | -43,000,000 | 128,000,000 | 657,000,000 | -940,000,000 | -173,000,000 | 245,000,000 | 504,000,000 | -1,176,000,000 | -354,000,000 | 63,000,000 | 657,000,000 | -1,014,000,000 | -155,000,000 | 197,000,000 | 458,000,000 | -782,000,000 | -169,000,000 | 483,000,000 | 260,000,000 | -742,000,000 | -176,000,000 | 459,000,000 | -148,000,000 | 807,000,000 | -1,599,000,000 | -323,000,000 | 535,000,000 | 291,000,000 | -675,000,000 | -290,000,000 | 446,000,000 | 299,000,000 | -315,000,000 |
other assets | -27,000,000 | 12,000,000 | -22,000,000 | 24,000,000 | 11,000,000 | -13,000,000 | -45,000,000 | 57,000,000 | 44,000,000 | -23,000,000 | -88,000,000 | 48,000,000 | 25,000,000 | -63,000,000 | -101,000,000 | 1,000,000 | 106,000,000 | -12,000,000 | 86,000,000 | 164,000,000 | 18,000,000 | -91,000,000 | -199,000,000 | 410,000,000 | -125,000,000 | 17,000,000 | -27,000,000 | -271,000,000 | 353,000,000 | -241,000,000 | -42,000,000 | 26,000,000 | 72,000,000 | -51,000,000 | 50,000,000 | -58,000,000 | -210,000,000 | -107,000,000 | -82,000,000 | -68,000,000 | -81,000,000 | 151,000,000 | -110,000,000 | 27,000,000 | -49,000,000 | 16,000,000 | -49,000,000 | -5,000,000 | -16,000,000 | -25,000,000 | -44,000,000 | 80,000,000 | -30,000,000 | -2,000,000 | -111,000,000 | -11,000,000 | 23,000,000 | -5,000,000 | 3,000,000 |
insurance claims and reserves | -5,000,000 | 1,668,000,000 | 180,000,000 | -83,000,000 | -763,000,000 | 2,103,000,000 | -277,000,000 | 162,000,000 | -350,000,000 | 1,277,000,000 | 415,000,000 | -24,000,000 | -632,000,000 | 1,254,000,000 | 406,000,000 | 77,000,000 | -292,000,000 | 855,000,000 | 344,000,000 | 5,000,000 | 110,000,000 | 672,000,000 | 182,000,000 | -152,000,000 | 228,000,000 | 567,000,000 | 20,000,000 | -112,000,000 | -82,000,000 | 775,000,000 | 16,000,000 | -284,000,000 | -51,000,000 | 1,097,000,000 | 218,000,000 | 57,000,000 | -263,000,000 | 675,000,000 | 147,000,000 | -26,000,000 | -40,000,000 | 555,000,000 | 178,000,000 | -242,000,000 | 82,000,000 | 494,000,000 | 237,000,000 | -226,000,000 | -20,000,000 | -597,000,000 | 1,442,000,000 | 206,000,000 | -373,000,000 | -213,000,000 | 359,000,000 | 190,000,000 | -202,000,000 | -218,000,000 | 134,000,000 |
payable to reinsurers | -130,000,000 | 425,000,000 | 124,000,000 | -163,000,000 | -429,000,000 | 444,000,000 | 98,000,000 | -108,000,000 | -212,000,000 | 360,000,000 | 127,000,000 | -124,000,000 | -331,000,000 | 395,000,000 | 61,000,000 | -10,000,000 | -226,000,000 | 317,000,000 | 76,000,000 | -54,000,000 | -150,000,000 | 231,000,000 | -33,000,000 | -35,000,000 | -53,000,000 | 112,000,000 | 25,000,000 | -22,000,000 | -180,000,000 | 211,000,000 | 60,000,000 | -82,000,000 | -163,000,000 | 225,000,000 | 60,000,000 | -13,000,000 | -201,000,000 | 247,000,000 | 87,000,000 | -90,000,000 | -133,000,000 | 213,000,000 | 17,000,000 | -151,000,000 | -28,000,000 | 228,000,000 | 42,000,000 | -108,000,000 | 117,000,000 | -225,000,000 | 260,000,000 | 104,000,000 | -183,000,000 | -176,000,000 | 349,000,000 | 74,000,000 | -92,000,000 | -126,000,000 | 161,000,000 |
other liabilities | -3,000,000 | 144,000,000 | 44,000,000 | -15,000,000 | -135,000,000 | 167,000,000 | -143,000,000 | -42,000,000 | -285,000,000 | 333,000,000 | 52,000,000 | -28,000,000 | -85,000,000 | 3,000,000 | -5,000,000 | 18,000,000 | -158,000,000 | -35,000,000 | 148,000,000 | -25,000,000 | 149,000,000 | 13,000,000 | 310,000,000 | -543,000,000 | 99,000,000 | 88,000,000 | 25,000,000 | 304,000,000 | -486,000,000 | 291,000,000 | 71,000,000 | -16,000,000 | -77,000,000 | 45,000,000 | 35,000,000 | 218,000,000 | -3,000,000 | 15,000,000 | 72,000,000 | -98,000,000 | 94,000,000 | -41,000,000 | 29,000,000 | -55,000,000 | 23,000,000 | -60,000,000 | -40,000,000 | 85,000,000 | 123,000,000 | -176,000,000 | -3,000,000 | 92,000,000 | 41,000,000 | 56,000,000 | 57,000,000 | -99,000,000 | 129,000,000 | ||
managed investment entities’ assets/liabilities | 162,000,000 | 71,000,000 | -9,000,000 | 42,000,000 | -13,000,000 | 172,000,000 | -115,000,000 | -124,000,000 | 279,000,000 | -44,000,000 | -69,000,000 | 139,000,000 | -316,000,000 | 91,000,000 | -130,000,000 | 172,000,000 | -66,000,000 | -56,000,000 | 16,000,000 | -38,000,000 | -74,000,000 | -17,000,000 | 27,000,000 | 89,000,000 | 25,000,000 | 1,000,000 | -19,000,000 | 16,000,000 | 44,000,000 | -34,000,000 | 107,000,000 | 31,000,000 | 46,000,000 | 86,000,000 | 415,000,000 | -487,000,000 | -44,000,000 | -36,000,000 | -144,000,000 | -55,000,000 | -137,000,000 | 54,000,000 | -82,000,000 | -25,000,000 | 46,000,000 | 1,000,000 | 54,000,000 | -99,000,000 | 78,000,000 | -193,000,000 | -53,000,000 | 126,000,000 | -86,000,000 | ||||||
other operating activities | 8,000,000 | -13,000,000 | -9,000,000 | 7,000,000 | 17,000,000 | -23,000,000 | -7,000,000 | -15,000,000 | 27,000,000 | 18,000,000 | -27,000,000 | -44,000,000 | -9,000,000 | -2,000,000 | -4,000,000 | -124,000,000 | -75,000,000 | -45,000,000 | -127,000,000 | -169,000,000 | 23,000,000 | -52,000,000 | 55,000,000 | 8,000,000 | -22,000,000 | -45,000,000 | -30,000,000 | -13,000,000 | -7,000,000 | -22,000,000 | -33,000,000 | -20,000,000 | -13,000,000 | 9,000,000 | 19,000,000 | -13,000,000 | -10,000,000 | -16,000,000 | 9,000,000 | -1,000,000 | -3,000,000 | 21,000,000 | 11,000,000 | 11,000,000 | -11,000,000 | 4,000,000 | 8,000,000 | 7,000,000 | 14,000,000 | -5,000,000 | 3,000,000 | 27,000,000 | 0 | -2,000,000 | -2,000,000 | 44,000,000 | 19,000,000 | ||
net cash from operating activities | 474,000,000 | 216,000,000 | 191,000,000 | 342,000,000 | 674,000,000 | 459,000,000 | -88,000,000 | 107,000,000 | 756,000,000 | 696,000,000 | 115,000,000 | 403,000,000 | 110,000,000 | 529,000,000 | 11,000,000 | 503,000,000 | 289,000,000 | 455,000,000 | 343,000,000 | 627,000,000 | 487,000,000 | 609,000,000 | 555,000,000 | 532,000,000 | 765,000,000 | 814,000,000 | 423,000,000 | 454,000,000 | 806,000,000 | 454,000,000 | 432,000,000 | 391,000,000 | 811,000,000 | 419,000,000 | 650,000,000 | -76,000,000 | 477,000,000 | 247,000,000 | 91,000,000 | 335,000,000 | 450,000,000 | 331,000,000 | 179,000,000 | 397,000,000 | 548,000,000 | 175,000,000 | 295,000,000 | 204,000,000 | 137,000,000 | 59,000,000 | 261,000,000 | 216,000,000 | 10,000,000 | 6,000,000 | 127,000,000 | 145,000,000 | 389,000,000 | 83,000,000 | 320,000,000 |
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
free cash flows | 474,000,000 | 216,000,000 | 191,000,000 | 342,000,000 | 674,000,000 | 459,000,000 | -88,000,000 | 107,000,000 | 756,000,000 | 696,000,000 | 115,000,000 | 403,000,000 | 110,000,000 | 529,000,000 | 11,000,000 | 503,000,000 | 289,000,000 | 455,000,000 | 343,000,000 | 627,000,000 | 487,000,000 | 609,000,000 | 555,000,000 | 532,000,000 | 765,000,000 | 814,000,000 | 423,000,000 | 454,000,000 | 806,000,000 | 454,000,000 | 432,000,000 | 391,000,000 | 811,000,000 | 419,000,000 | 650,000,000 | -76,000,000 | 477,000,000 | 247,000,000 | 91,000,000 | 335,000,000 | 450,000,000 | 331,000,000 | 179,000,000 | 397,000,000 | 548,000,000 | 175,000,000 | 295,000,000 | 204,000,000 | 137,000,000 | 59,000,000 | 261,000,000 | 216,000,000 | 10,000,000 | 6,000,000 | 127,000,000 | 145,000,000 | 389,000,000 | 83,000,000 | 320,000,000 |
investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturities | -1,027,000,000 | -447,000,000 | -517,000,000 | -529,000,000 | -787,000,000 | -528,000,000 | -413,000,000 | -408,000,000 | -542,000,000 | -612,000,000 | -276,000,000 | -575,000,000 | -654,000,000 | -1,060,000,000 | -991,000,000 | -1,682,000,000 | -1,071,000,000 | -1,334,000,000 | -2,130,000,000 | -3,443,000,000 | -2,518,000,000 | -1,696,000,000 | -1,981,000,000 | -4,140,000,000 | -2,727,000,000 | -1,772,000,000 | -1,960,000,000 | -1,801,000,000 | -3,483,000,000 | -2,151,000,000 | -2,085,000,000 | -2,464,000,000 | -2,322,000,000 | -1,776,000,000 | -2,508,000,000 | -2,879,000,000 | -1,933,000,000 | -1,828,000,000 | -1,651,000,000 | -2,125,000,000 | -1,806,000,000 | -1,667,000,000 | -2,123,000,000 | -1,605,000,000 | -1,488,000,000 | -1,932,000,000 | -2,071,000,000 | -1,355,000,000 | -1,639,000,000 | -1,370,000,000 | -1,264,000,000 | -1,025,000,000 | -951,000,000 | -1,259,000,000 | -1,760,000,000 | -1,258,000,000 | -1,044,000,000 | -1,242,000,000 | -1,384,000,000 |
equity securities | -38,000,000 | -9,000,000 | 0 | -11,000,000 | -46,000,000 | -47,000,000 | -52,000,000 | -42,000,000 | -45,000,000 | -25,000,000 | -35,000,000 | -41,000,000 | -45,000,000 | -47,000,000 | -102,000,000 | -45,000,000 | -83,000,000 | -44,000,000 | -25,000,000 | -41,000,000 | -50,000,000 | -30,000,000 | -92,000,000 | -232,000,000 | -81,000,000 | -81,000,000 | -45,000,000 | -35,000,000 | -226,000,000 | -94,000,000 | -36,000,000 | -212,000,000 | -109,000,000 | -29,000,000 | -22,000,000 | -22,000,000 | -64,000,000 | -42,000,000 | -27,000,000 | -74,000,000 | -121,000,000 | -297,000,000 | -73,000,000 | -79,000,000 | -115,000,000 | -82,000,000 | -137,000,000 | -137,000,000 | -203,000,000 | -71,000,000 | -37,000,000 | -135,000,000 | -59,000,000 | -32,000,000 | -261,000,000 | -70,000,000 | -34,000,000 | -40,000,000 | -159,000,000 |
mortgage loans | -15,000,000 | -134,000,000 | -84,000,000 | -61,000,000 | -50,000,000 | 0 | -52,000,000 | -89,000,000 | 0 | -2,000,000 | -6,000,000 | -265,000,000 | -39,000,000 | -89,000,000 | -55,000,000 | -35,000,000 | -175,000,000 | -45,000,000 | -131,000,000 | -21,000,000 | -261,000,000 | -138,000,000 | -5,000,000 | -38,000,000 | -55,000,000 | -22,000,000 | -105,000,000 | -3,000,000 | -123,000,000 | -23,000,000 | -31,000,000 | -55,000,000 | -124,000,000 | -131,000,000 | -108,000,000 | -43,000,000 | -31,000,000 | -31,000,000 | -95,000,000 | -175,000,000 | -67,000,000 | -113,000,000 | -81,000,000 | -58,000,000 | -39,000,000 | -58,000,000 | -41,000,000 | 0 | -91,000,000 | -16,000,000 | -6,000,000 | ||||||||
other investments | -38,000,000 | -49,000,000 | -57,000,000 | -65,000,000 | -104,000,000 | -49,000,000 | -67,000,000 | -27,000,000 | -36,000,000 | -24,000,000 | -49,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
real estate, property and equipment | -17,000,000 | -41,000,000 | -33,000,000 | -25,000,000 | -33,000,000 | -29,000,000 | -33,000,000 | -38,000,000 | -32,000,000 | -7,000,000 | -20,000,000 | -13,000,000 | -14,000,000 | -14,000,000 | -35,000,000 | -23,000,000 | -9,000,000 | -27,000,000 | -13,000,000 | -13,000,000 | -19,000,000 | -21,000,000 | -11,000,000 | -9,000,000 | -11,000,000 | -13,000,000 | -10,000,000 | -10,000,000 | -20,000,000 | -16,000,000 | -21,000,000 | -23,000,000 | -63,000,000 | -16,000,000 | -19,000,000 | -11,000,000 | -12,000,000 | -11,000,000 | -8,000,000 | -18,000,000 | -37,000,000 | -33,000,000 | -13,000,000 | -19,000,000 | -13,000,000 | -14,000,000 | -6,000,000 | -14,000,000 | -10,000,000 | -28,000,000 | -9,000,000 | -8,000,000 | -44,000,000 | -4,000,000 | -25,000,000 | -37,000,000 | -20,000,000 | -12,000,000 | -8,000,000 |
proceeds from: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
maturities and redemptions of fixed maturities | 570,000,000 | 640,000,000 | 555,000,000 | 441,000,000 | 694,000,000 | 521,000,000 | 552,000,000 | 378,000,000 | 263,000,000 | 342,000,000 | 324,000,000 | 381,000,000 | 385,000,000 | 449,000,000 | 718,000,000 | 959,000,000 | 960,000,000 | 609,000,000 | 1,519,000,000 | 1,947,000,000 | 1,635,000,000 | 1,771,000,000 | 1,123,000,000 | 1,220,000,000 | 1,156,000,000 | 1,064,000,000 | 1,315,000,000 | 1,032,000,000 | 1,432,000,000 | 1,233,000,000 | 1,321,000,000 | 962,000,000 | 1,415,000,000 | 1,405,000,000 | 1,774,000,000 | 1,511,000,000 | 1,602,000,000 | 1,038,000,000 | 1,233,000,000 | 840,000,000 | 907,000,000 | 738,000,000 | 952,000,000 | 736,000,000 | 736,000,000 | 643,000,000 | 827,000,000 | 782,000,000 | 781,000,000 | 675,000,000 | 624,000,000 | 479,000,000 | 514,000,000 | 519,000,000 | 349,000,000 | 516,000,000 | 590,000,000 | 607,000,000 | 504,000,000 |
repayments of mortgage loans | 69,000,000 | 1,000,000 | 24,000,000 | 24,000,000 | 8,000,000 | 1,000,000 | 8,000,000 | 1,000,000 | 1,000,000 | 0 | 32,000,000 | 1,000,000 | 18,000,000 | 98,000,000 | 1,000,000 | 57,000,000 | 13,000,000 | 2,000,000 | 12,000,000 | 36,000,000 | 41,000,000 | 3,000,000 | 4,000,000 | 108,000,000 | 38,000,000 | 9,000,000 | 29,000,000 | 114,000,000 | 19,000,000 | 25,000,000 | 43,000,000 | 24,000,000 | 81,000,000 | 98,000,000 | 12,000,000 | 65,000,000 | 34,000,000 | 62,000,000 | 101,000,000 | 34,000,000 | 104,000,000 | 68,000,000 | 59,000,000 | 42,000,000 | 33,000,000 | 35,000,000 | 6,000,000 | 59,000,000 | 23,000,000 | 4,000,000 | 4,000,000 | 2,000,000 | 42,000,000 | 3,000,000 | 214,000,000 | 10,000,000 | 36,000,000 | 8,000,000 | |
sales of fixed maturities | 48,000,000 | 32,000,000 | 31,000,000 | 15,000,000 | 8,000,000 | 17,000,000 | 24,000,000 | 75,000,000 | 99,000,000 | 150,000,000 | 59,000,000 | 342,000,000 | 226,000,000 | 82,000,000 | 969,000,000 | 17,000,000 | 55,000,000 | 25,000,000 | 518,000,000 | 147,000,000 | 606,000,000 | 346,000,000 | 1,294,000,000 | 1,483,000,000 | 358,000,000 | 110,000,000 | 258,000,000 | 201,000,000 | 226,000,000 | 72,000,000 | 98,000,000 | 105,000,000 | 213,000,000 | 29,000,000 | 112,000,000 | 38,000,000 | 145,000,000 | 123,000,000 | 148,000,000 | 225,000,000 | 86,000,000 | 4,000,000 | 199,000,000 | 32,000,000 | 25,000,000 | 79,000,000 | 32,000,000 | 151,000,000 | 48,000,000 | 91,000,000 | 256,000,000 | 108,000,000 | 131,000,000 | 428,000,000 | 491,000,000 | 83,000,000 | 291,000,000 | 325,000,000 | 283,000,000 |
sales of equity securities | 46,000,000 | 68,000,000 | 10,000,000 | 5,000,000 | 21,000,000 | 77,000,000 | 25,000,000 | 56,000,000 | 69,000,000 | 28,000,000 | 11,000,000 | 56,000,000 | 62,000,000 | 49,000,000 | 3,000,000 | 60,000,000 | 61,000,000 | 10,000,000 | 102,000,000 | 350,000,000 | 235,000,000 | 79,000,000 | 262,000,000 | 80,000,000 | 230,000,000 | 84,000,000 | 44,000,000 | 95,000,000 | 97,000,000 | 44,000,000 | 74,000,000 | 32,000,000 | 119,000,000 | 47,000,000 | 36,000,000 | 14,000,000 | 155,000,000 | 54,000,000 | 84,000,000 | 55,000,000 | 171,000,000 | 44,000,000 | 70,000,000 | 79,000,000 | 58,000,000 | 32,000,000 | 14,000,000 | 51,000,000 | 84,000,000 | 58,000,000 | 128,000,000 | 42,000,000 | 65,000,000 | 110,000,000 | 47,000,000 | 35,000,000 | 6,000,000 | 39,000,000 | 2,000,000 |
sales of other investments | 24,000,000 | 12,000,000 | 14,000,000 | 12,000,000 | 82,000,000 | 10,000,000 | 10,000,000 | 5,000,000 | 6,000,000 | 10,000,000 | 33,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
sales of real estate, property and equipment | 7,000,000 | 0 | 5,000,000 | 0 | 1,000,000 | 0 | 1,000,000 | 1,000,000 | 0 | 7,000,000 | 21,000,000 | 24,000,000 | -2,000,000 | 3,000,000 | 3,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 0 | 2,000,000 | 1,000,000 | 1,000,000 | 29,000,000 | 24,000,000 | 10,000,000 | 2,000,000 | 38,000,000 | 5,000,000 | 21,000,000 | 4,000,000 | 69,000,000 | 23,000,000 | 1,000,000 | -1,000,000 | 3,000,000 | 1,000,000 | 2,000,000 | ||||||||||||||||||||
managed investment entities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of investments | -415,000,000 | -740,000,000 | -337,000,000 | -500,000,000 | -497,000,000 | -305,000,000 | -473,000,000 | -605,000,000 | -243,000,000 | -272,000,000 | -303,000,000 | -648,000,000 | -454,000,000 | -248,000,000 | -456,000,000 | -357,000,000 | -675,000,000 | -493,000,000 | -460,000,000 | -527,000,000 | -624,000,000 | -275,000,000 | -189,000,000 | -414,000,000 | -336,000,000 | -365,000,000 | -306,000,000 | -391,000,000 | -443,000,000 | -413,000,000 | -655,000,000 | -606,000,000 | -649,000,000 | -550,000,000 | -870,000,000 | -910,000,000 | -849,000,000 | -536,000,000 | -630,000,000 | -239,000,000 | -363,000,000 | -359,000,000 | -550,000,000 | -258,000,000 | -617,000,000 | -425,000,000 | -406,000,000 | -244,000,000 | -389,000,000 | -440,000,000 | -321,000,000 | -359,000,000 | -566,000,000 | -478,000,000 | -404,000,000 | -329,000,000 | -352,000,000 | -391,000,000 | -223,000,000 |
proceeds from sales and redemptions of investments | 242,000,000 | 470,000,000 | 452,000,000 | 718,000,000 | 670,000,000 | 452,000,000 | 603,000,000 | 532,000,000 | 396,000,000 | 728,000,000 | 550,000,000 | 554,000,000 | 534,000,000 | 233,000,000 | 351,000,000 | 217,000,000 | 533,000,000 | 518,000,000 | 504,000,000 | 557,000,000 | 403,000,000 | 278,000,000 | 170,000,000 | 370,000,000 | 328,000,000 | 379,000,000 | 329,000,000 | 373,000,000 | 463,000,000 | 450,000,000 | 557,000,000 | 478,000,000 | 431,000,000 | 605,000,000 | 680,000,000 | 1,058,000,000 | 509,000,000 | 610,000,000 | 481,000,000 | 290,000,000 | 170,000,000 | 246,000,000 | 290,000,000 | 149,000,000 | 264,000,000 | 340,000,000 | 371,000,000 | 442,000,000 | 637,000,000 | 578,000,000 | 323,000,000 | 332,000,000 | 774,000,000 | 221,000,000 | 416,000,000 | 354,000,000 | 400,000,000 | 360,000,000 | 217,000,000 |
other investing activities | 3,000,000 | -1,000,000 | -1,000,000 | 1,000,000 | -5,000,000 | 0 | -4,000,000 | 2,000,000 | -2,000,000 | 1,000,000 | -5,000,000 | 0 | 11,000,000 | 18,000,000 | 3,000,000 | -11,000,000 | 2,000,000 | 6,000,000 | 2,000,000 | -4,000,000 | 1,000,000 | 26,000,000 | -7,000,000 | -5,000,000 | 16,000,000 | -4,000,000 | -1,000,000 | 6,000,000 | 1,000,000 | 287,000,000 | -88,000,000 | -157,000,000 | -125,000,000 | -74,000,000 | -42,000,000 | -4,000,000 | -54,000,000 | 5,000,000 | 36,000,000 | 45,000,000 | 13,000,000 | -17,000,000 | 14,000,000 | -4,000,000 | -26,000,000 | -10,000,000 | 0 | -8,000,000 | 7,000,000 | -13,000,000 | 4,000,000 | 130,000,000 | |||||||
net cash from investing activities | -613,000,000 | -130,000,000 | 36,000,000 | 23,000,000 | -21,000,000 | 122,000,000 | 149,000,000 | -155,000,000 | -45,000,000 | 91,000,000 | 295,000,000 | 73,000,000 | 11,000,000 | -561,000,000 | 610,000,000 | -1,111,000,000 | -333,000,000 | -764,000,000 | 1,599,000,000 | -938,000,000 | -792,000,000 | 524,000,000 | 357,000,000 | -1,653,000,000 | -1,287,000,000 | -726,000,000 | -368,000,000 | -684,000,000 | -1,975,000,000 | -890,000,000 | -829,000,000 | -1,656,000,000 | -1,062,000,000 | -236,000,000 | -800,000,000 | -1,194,000,000 | -535,000,000 | -699,000,000 | -551,000,000 | -1,196,000,000 | -1,162,000,000 | -1,301,000,000 | -1,146,000,000 | -968,000,000 | -1,184,000,000 | -1,465,000,000 | -544,000,000 | -426,000,000 | -722,000,000 | -470,000,000 | -112,000,000 | -643,000,000 | -183,000,000 | -508,000,000 | -1,190,000,000 | -484,000,000 | -257,000,000 | -331,000,000 | -667,000,000 |
financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuances of common stock | 2,000,000 | 2,000,000 | 4,000,000 | 3,000,000 | 4,000,000 | 3,000,000 | 4,000,000 | 6,000,000 | 4,000,000 | 3,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 3,000,000 | 4,000,000 | 5,000,000 | 6,000,000 | 8,000,000 | 32,000,000 | 20,000,000 | 7,000,000 | 3,000,000 | 2,000,000 | 10,000,000 | 7,000,000 | 10,000,000 | 12,000,000 | 7,000,000 | 7,000,000 | 5,000,000 | 7,000,000 | 14,000,000 | 7,000,000 | 3,000,000 | 12,000,000 | 15,000,000 | 1,000,000 | 14,000,000 | 7,000,000 | 13,000,000 | 14,000,000 | 13,000,000 | 15,000,000 | 19,000,000 | 12,000,000 | 11,000,000 | 13,000,000 | 11,000,000 | 10,000,000 | 21,000,000 | 5,000,000 | 8,000,000 | 14,000,000 | 20,000,000 | 3,000,000 | 5,000,000 | 11,000,000 | 5,000,000 | 16,000,000 |
repurchases of common stock | -60,000,000 | -1,000,000 | -39,000,000 | -58,000,000 | -60,000,000 | -86,000,000 | -43,000,000 | -24,000,000 | -1,000,000 | -5,000,000 | 0 | -5,000,000 | -1,000,000 | -12,000,000 | -114,000,000 | -192,000,000 | -80,000,000 | -96,000,000 | -76,000,000 | -61,000,000 | -9,000,000 | -26,000,000 | -22,000,000 | -76,000,000 | -13,000,000 | -35,000,000 | -47,000,000 | -31,000,000 | -64,000,000 | -83,000,000 | -20,000,000 | -24,000,000 | -67,000,000 | -3,000,000 | -162,000,000 | -97,000,000 | -56,000,000 | -52,000,000 | -85,000,000 | -94,000,000 | -84,000,000 | -91,000,000 | -50,000,000 | ||||||||||||||||
cash dividends paid on common stock | -198,000,000 | -66,000,000 | -68,000,000 | -233,000,000 | -403,000,000 | -58,000,000 | -59,000,000 | -268,000,000 | -186,000,000 | -52,000,000 | -53,000,000 | -393,000,000 | -224,000,000 | -47,000,000 | -726,000,000 | -216,000,000 | -892,000,000 | -211,000,000 | -1,228,000,000 | -43,000,000 | -215,000,000 | -38,000,000 | -41,000,000 | -40,000,000 | -203,000,000 | -36,000,000 | -169,000,000 | -36,000,000 | -169,000,000 | -31,000,000 | -163,000,000 | -31,000,000 | -205,000,000 | -27,000,000 | -158,000,000 | -27,000,000 | -113,000,000 | -24,000,000 | -24,000,000 | -24,000,000 | -111,000,000 | -21,000,000 | -22,000,000 | -22,000,000 | -108,000,000 | -20,000,000 | -20,000,000 | -19,000,000 | -17,000,000 | -17,000,000 | -17,000,000 | -16,000,000 | -17,000,000 | -17,000,000 | -16,000,000 | -18,000,000 | -16,000,000 | -17,000,000 | -15,000,000 |
issuances of managed investment entities’ liabilities | 391,000,000 | 1,335,000,000 | 355,000,000 | 764,000,000 | 563,000,000 | -1,000,000 | 1,139,000,000 | 635,000,000 | 49,000,000 | 4,000,000 | 29,000,000 | 588,000,000 | 540,000,000 | 47,000,000 | 559,000,000 | 60,000,000 | 1,218,000,000 | 648,000,000 | 265,000,000 | 752,000,000 | 399,000,000 | 411,000,000 | 0 | 797,000,000 | 775,000,000 | 805,000,000 | 949,000,000 | 440,000,000 | 537,000,000 | 1,265,000,000 | 0 | 997,000,000 | 31,000,000 | 333,000,000 | 54,000,000 | 536,000,000 | 103,000,000 | 862,000,000 | 338,000,000 | 155,000,000 | 45,000,000 | 419,000,000 | 233,000,000 | 97,000,000 | 0 | 359,000,000 | |||||||||||||
retirements of managed investment entities’ liabilities | -370,000,000 | -1,126,000,000 | -487,000,000 | -971,000,000 | -733,000,000 | -324,000,000 | -1,111,000,000 | -463,000,000 | -514,000,000 | -423,000,000 | -211,000,000 | -650,000,000 | -321,000,000 | -136,000,000 | -289,000,000 | -136,000,000 | -989,000,000 | -656,000,000 | -320,000,000 | -725,000,000 | -129,000,000 | -33,000,000 | -5,000,000 | -41,000,000 | -374,000,000 | -3,000,000 | -2,000,000 | -3,000,000 | -472,000,000 | -2,000,000 | -777,000,000 | -684,000,000 | -587,000,000 | -1,163,000,000 | -623,000,000 | -212,000,000 | -853,000,000 | -65,000,000 | -671,000,000 | -11,000,000 | 56,000,000 | ||||||||||||||||||
net cash from financing activities | -235,000,000 | 488,000,000 | -235,000,000 | -495,000,000 | -569,000,000 | -380,000,000 | -27,000,000 | -90,000,000 | -707,000,000 | -554,000,000 | -279,000,000 | -491,000,000 | -43,000,000 | -141,000,000 | -835,000,000 | -342,000,000 | -658,000,000 | -223,000,000 | -904,000,000 | -172,000,000 | -632,000,000 | -84,000,000 | 113,000,000 | 480,000,000 | 143,000,000 | 231,000,000 | 319,000,000 | 715,000,000 | 675,000,000 | 635,000,000 | 548,000,000 | 586,000,000 | 240,000,000 | -41,000,000 | 467,000,000 | 1,053,000,000 | 526,000,000 | 543,000,000 | 777,000,000 | 872,000,000 | 1,038,000,000 | 648,000,000 | 971,000,000 | 440,000,000 | 669,000,000 | 484,000,000 | 489,000,000 | 459,000,000 | 327,000,000 | 235,000,000 | -46,000,000 | 528,000,000 | 271,000,000 | 835,000,000 | 425,000,000 | 469,000,000 | 268,000,000 | 207,000,000 | 476,000,000 |
net change in cash and cash equivalents | -374,000,000 | 574,000,000 | -8,000,000 | -130,000,000 | 84,000,000 | 201,000,000 | 34,000,000 | -138,000,000 | 4,000,000 | 233,000,000 | 131,000,000 | -15,000,000 | 78,000,000 | -173,000,000 | -214,000,000 | -950,000,000 | -702,000,000 | -532,000,000 | 1,038,000,000 | -483,000,000 | -937,000,000 | 1,049,000,000 | 1,025,000,000 | -641,000,000 | -379,000,000 | 319,000,000 | 374,000,000 | 485,000,000 | -494,000,000 | 199,000,000 | 151,000,000 | -679,000,000 | -11,000,000 | 142,000,000 | 317,000,000 | -217,000,000 | 468,000,000 | 91,000,000 | 317,000,000 | 11,000,000 | 326,000,000 | -322,000,000 | 4,000,000 | -131,000,000 | 33,000,000 | -806,000,000 | 240,000,000 | 237,000,000 | -258,000,000 | -176,000,000 | 103,000,000 | 101,000,000 | 98,000,000 | 333,000,000 | -638,000,000 | 130,000,000 | 400,000,000 | -41,000,000 | 129,000,000 |
cash and cash equivalents at beginning of period | 1,727,000,000 | 0 | 0 | 1,406,000,000 | 0 | 0 | 1,225,000,000 | 0 | 0 | 872,000,000 | 0 | 0 | 2,131,000,000 | 0 | 0 | 2,810,000,000 | 0 | 0 | 2,314,000,000 | 0 | 0 | 1,515,000,000 | 0 | 0 | 2,338,000,000 | 0 | 0 | 2,107,000,000 | 0 | 0 | 1,220,000,000 | 0 | 0 | 1,343,000,000 | 0 | 0 | 1,639,000,000 | 0 | 1,705,000,000 | 0 | 0 | 1,324,000,000 | 0 | 0 | 1,099,000,000 | 0 | |||||||||||||
cash and cash equivalents at end of period | 1,353,000,000 | 574,000,000 | -8,000,000 | 1,276,000,000 | 201,000,000 | 34,000,000 | 1,087,000,000 | 233,000,000 | 131,000,000 | 857,000,000 | -173,000,000 | -214,000,000 | 1,181,000,000 | -532,000,000 | 1,038,000,000 | 2,327,000,000 | 1,049,000,000 | 1,025,000,000 | 1,673,000,000 | 319,000,000 | 374,000,000 | 2,000,000,000 | 199,000,000 | 151,000,000 | 1,659,000,000 | 142,000,000 | 317,000,000 | 1,890,000,000 | 91,000,000 | 317,000,000 | 1,231,000,000 | -322,000,000 | 4,000,000 | 1,212,000,000 | -806,000,000 | 240,000,000 | 1,876,000,000 | -258,000,000 | 1,529,000,000 | 103,000,000 | 101,000,000 | 1,422,000,000 | -638,000,000 | 130,000,000 | 1,499,000,000 | 129,000,000 | |||||||||||||
net sales (purchases) of trading securities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
businesses | 0 | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents of businesses acquired | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
additional long-term borrowings | -1,000,000 | 196,000,000 | 194,000,000 | 0 | 0 | 121,000,000 | 367,000,000 | 0 | 0 | 0 | 121,000,000 | 0 | 0 | 1,000,000 | 128,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
net purchases of trading securities | -5,000,000 | 7,000,000 | -1,000,000 | -13,000,000 | -1,000,000 | 1,000,000 | -3,000,000 | -1,000,000 | -4,000,000 | -13,000,000 | -1,000,000 | -5,000,000 | 7,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
realized gains on investing activities | 10,000,000 | -10,000,000 | -16,000,000 | -13,000,000 | -19,000,000 | -47,000,000 | -58,000,000 | -242,000,000 | -51,000,000 | -7,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
reductions of long-term debt | 0 | 0 | -5,000,000 | -16,000,000 | -41,000,000 | -3,000,000 | -383,000,000 | -50,000,000 | -390,000,000 | -125,000,000 | -10,000,000 | -145,000,000 | -1,000,000 | 0 | -1,000,000 | -3,000,000 | -317,000,000 | -3,000,000 | -3,000,000 | -3,000,000 | -3,000,000 | -3,000,000 | -30,000,000 | ||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
annuity benefits | 0 | 0 | 216,000,000 | 161,000,000 | 287,000,000 | 203,000,000 | 426,000,000 | 276,000,000 | 251,000,000 | 250,000,000 | 339,000,000 | 311,000,000 | 334,000,000 | 222,000,000 | 260,000,000 | 182,000,000 | 257,000,000 | 215,000,000 | 224,000,000 | 196,000,000 | 160,000,000 | 189,000,000 | 223,000,000 | 228,000,000 | 189,000,000 | 208,000,000 | 151,000,000 | 184,000,000 | 157,000,000 | 157,000,000 | 166,000,000 | 168,000,000 | 120,000,000 | 134,000,000 | 140,000,000 | 147,000,000 | 130,000,000 | 127,000,000 | 142,000,000 | 125,000,000 | 116,000,000 | 104,000,000 | 114,000,000 | ||||||||||||||||
net (purchases) sales of trading securities | 1,000,000 | -5,000,000 | 2,000,000 | -3,000,000 | 2,000,000 | -3,000,000 | 6,000,000 | -12,000,000 | 14,000,000 | 71,000,000 | -4,000,000 | -70,000,000 | -6,000,000 | 10,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
deferred annuity and life policy acquisition costs | 0 | 0 | -49,000,000 | -49,000,000 | -42,000,000 | -33,000,000 | -30,000,000 | -49,000,000 | -43,000,000 | -43,000,000 | -56,000,000 | -64,000,000 | -71,000,000 | -65,000,000 | -70,000,000 | -57,000,000 | -48,000,000 | -44,000,000 | -66,000,000 | -67,000,000 | -58,000,000 | -48,000,000 | -56,000,000 | -68,000,000 | -60,000,000 | -74,000,000 | -46,000,000 | -44,000,000 | -54,000,000 | -42,000,000 | -52,000,000 | -50,000,000 | -49,000,000 | -34,000,000 | -48,000,000 | -69,000,000 | -60,000,000 | -56,000,000 | -71,000,000 | -70,000,000 | -56,000,000 | -54,000,000 | -60,000,000 | ||||||||||||||||
equity index options and other investments | -45,000,000 | -28,000,000 | -21,000,000 | -47,000,000 | -78,000,000 | -19,000,000 | -130,000,000 | -164,000,000 | -198,000,000 | -198,000,000 | -256,000,000 | -245,000,000 | -333,000,000 | -191,000,000 | -247,000,000 | -220,000,000 | -278,000,000 | -249,000,000 | |||||||||||||||||||||||||||||||||||||||||
sales and settlements of equity index options and other investments | 13,000,000 | 12,000,000 | 57,000,000 | 59,000,000 | 22,000,000 | 32,000,000 | 261,000,000 | 269,000,000 | 315,000,000 | 269,000,000 | 156,000,000 | 248,000,000 | 285,000,000 | 157,000,000 | 250,000,000 | 79,000,000 | 195,000,000 | 242,000,000 | |||||||||||||||||||||||||||||||||||||||||
sales of businesses | 34,000,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents of businesses acquired and sold | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
annuity receipts | 0 | 0 | 1,224,000,000 | 1,179,000,000 | 1,319,000,000 | 871,000,000 | 687,000,000 | 1,410,000,000 | 1,139,000,000 | 1,077,000,000 | 1,349,000,000 | 1,395,000,000 | 1,707,000,000 | 1,378,000,000 | 1,399,000,000 | 1,148,000,000 | 909,000,000 | 876,000,000 | 1,266,000,000 | 1,290,000,000 | 1,111,000,000 | 941,000,000 | 1,098,000,000 | 1,435,000,000 | 1,152,000,000 | 1,321,000,000 | 1,199,000,000 | 813,000,000 | 971,000,000 | 809,000,000 | 949,000,000 | 967,000,000 | 1,061,000,000 | 624,000,000 | 723,000,000 | 906,000,000 | 804,000,000 | 858,000,000 | 890,000,000 | 906,000,000 | 672,000,000 | 621,000,000 | 716,000,000 | ||||||||||||||||
ceded annuity receipts | 0 | 0 | -104,000,000 | -207,000,000 | -246,000,000 | -168,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
annuity surrenders, benefits and withdrawals | 0 | 0 | -783,000,000 | -1,148,000,000 | -1,205,000,000 | -865,000,000 | -828,000,000 | -813,000,000 | -856,000,000 | -834,000,000 | -886,000,000 | -782,000,000 | -815,000,000 | -729,000,000 | -725,000,000 | -647,000,000 | -680,000,000 | -564,000,000 | -594,000,000 | -567,000,000 | -549,000,000 | -608,000,000 | -615,000,000 | -503,000,000 | -538,000,000 | -550,000,000 | -494,000,000 | -443,000,000 | -484,000,000 | -462,000,000 | -432,000,000 | -395,000,000 | -377,000,000 | -372,000,000 | -431,000,000 | -348,000,000 | -348,000,000 | -350,000,000 | -335,000,000 | -325,000,000 | -311,000,000 | -307,000,000 | -297,000,000 | ||||||||||||||||
ceded annuity surrenders, benefits and withdrawals | 0 | 0 | 115,000,000 | 167,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net transfers from variable annuity assets | 0 | 0 | 9,000,000 | 25,000,000 | 17,000,000 | 16,000,000 | 13,000,000 | 15,000,000 | 15,000,000 | 17,000,000 | 15,000,000 | 13,000,000 | 12,000,000 | 14,000,000 | 10,000,000 | 11,000,000 | 11,000,000 | 13,000,000 | 13,000,000 | 17,000,000 | 13,000,000 | 12,000,000 | 8,000,000 | 9,000,000 | 11,000,000 | 12,000,000 | 10,000,000 | 10,000,000 | 7,000,000 | 20,000,000 | 10,000,000 | 6,000,000 | 9,000,000 | 3,000,000 | |||||||||||||||||||||||||
realized (gains) losses on investing activities | 1,000,000 | 45,000,000 | 31,000,000 | 90,000,000 | 15,000,000 | 30,000,000 | -983,000,000 | -158,000,000 | -645,000,000 | 550,000,000 | -65,000,000 | 18,000,000 | -57,000,000 | -184,000,000 | 237,000,000 | -36,000,000 | -29,000,000 | 93,000,000 | -17,000,000 | -55,000,000 | -3,000,000 | 9,000,000 | -52,000,000 | 133,000,000 | -44,000,000 | 3,000,000 | -35,000,000 | -42,000,000 | |||||||||||||||||||||||||||||||
net earnings, including noncontrolling interests | 355,000,000 | 219,000,000 | 1,002,000,000 | 419,000,000 | 694,000,000 | 164,000,000 | 167,000,000 | -304,000,000 | 191,000,000 | 143,000,000 | 209,000,000 | 326,000,000 | -35,000,000 | 203,000,000 | 208,000,000 | 141,000,000 | 166,000,000 | 11,000,000 | 145,000,000 | 155,000,000 | 388,000,000 | 113,000,000 | 63,000,000 | 104,000,000 | 130,000,000 | 66,000,000 | 149,000,000 | 25,000,000 | 125,000,000 | 91,000,000 | 83,000,000 | 107,000,000 | 77,000,000 | 113,000,000 | 211,000,000 | 84,000,000 | 88,000,000 | 127,000,000 | 107,000,000 | 37,000,000 | 49,000,000 | 109,000,000 | 126,000,000 | ||||||||||||||||
cash transferred in annuity reinsurance | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents of businesses sold | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: cash and cash equivalents at end of period from discontinued operations | 636,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of period from continuing operations | 1,181,000,000 | 1,691,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other financing activities | 3,000,000 | -3,000,000 | -7,000,000 | -3,000,000 | -1,000,000 | -2,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -5,000,000 | 1,000,000 | 6,000,000 | -1,000,000 | 7,000,000 | -48,000,000 | 23,000,000 | -8,000,000 | 11,000,000 | |||||||||||||||||||||||||||||||||||||||||
acquisition of noncontrolling interests in subsidiary | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity index call options and other investments | -195,000,000 | -237,000,000 | -234,000,000 | -179,000,000 | -181,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
sales and settlements of equity index call options and other investments | 208,000,000 | 224,000,000 | 205,000,000 | 186,000,000 | 174,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
other investments and equity index call options | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sales and settlements of other investments and equity index call options | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
retirement of managed investment entities’ liabilities | -188,000,000 | -4,000,000 | -523,000,000 | -274,000,000 | -164,000,000 | -133,000,000 | -709,000,000 | -251,000,000 | -71,000,000 | -144,000,000 | -489,000,000 | -6,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
business | -8,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sales of subsidiaries | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
subsidiaries | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of subsidiary | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents of businesses acquired or sold | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net transfers from (to) variable annuity assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
managed investment entities’ retirement of liabilities | -4,000,000 | -4,000,000 | -3,000,000 | -3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in securities lending collateral | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in securities lending obligation |