CNA Financial Corporation(NYSE:CNA) 
CNA Financial Corporation provides commercial property and casualty insurance products primarily in the United States. It operates through Specialty, Commercial, International, Life & Group, and Corporate & Other segments. The company offers professional liability coverages and risk management servi...
Website: http://www.cna.com
Founded: 1853
Full Time Employees: 5,900
Sector: Financial Services
Industry: Insurance-Property & Casualty
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| Unit: USD | 2013-12-31 | 2012-12-31 | 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 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 |
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Balance Sheets:
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| Unit: USD | 2026-03-31 | 2025-12-31 | 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 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-09-30 | 2018-06-30 | 2017-12-31 | 2017-06-30 | 2017-03-31 | 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 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 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 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 | 2003-12-31 | 2003-09-30 | 2003-06-30 | 2003-03-31 | 2002-12-31 | 2002-09-30 | 2002-06-30 | 2002-03-31 | 2001-09-30 |
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assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturity securities at fair value | 43,230,000,000 | 43,402,000,000 | 43,702,000,000 | 42,799,000,000 | 41,973,000,000 | 41,111,000,000 | 42,579,000,000 | 40,403,000,000 | 40,605,000,000 | 40,425,000,000 | 37,856,000,000 | 38,728,000,000 | 39,107,000,000 | 37,627,000,000 | 37,251,000,000 | 39,385,000,000 | 41,945,000,000 | 44,380,000,000 | 45,069,000,000 | 44,910,000,000 | 43,579,000,000 | 44,631,000,000 | 43,901,000,000 | 42,775,000,000 | 40,098,000,000 | 42,459,000,000 | 41,639,000,000 | 40,553,000,000 | 39,628,000,000 | 39,795,000,000 | 41,487,000,000 | 41,749,000,000 | 40,980,000,000 | 41,857,000,000 | 40,252,000,000 | 39,572,000,000 | 40,201,000,000 | 39,849,000,000 | 40,605,000,000 | 40,768,000,000 | 40,700,000,000 | 40,468,000,000 | 39,415,000,000 | 41,233,000,000 | 41,274,000,000 | 41,431,000,000 | 42,799,000,000 | 42,633,000,000 | 42,305,000,000 | 41,367,000,000 | 40,837,000,000 | 39,937,000,000 | 39,456,000,000 | 38,554,000,000 | 38,204,000,000 | 37,577,000,000 | 38,646,000,000 | 37,565,000,000 | 37,711,000,000 | 35,612,000,000 | 34,718,000,000 | 31,040,000,000 | 28,461,000,000 | 28,887,000,000 | 29,176,000,000 | 30,560,000,000 | 32,496,000,000 | 34,257,000,000 | 34,196,000,000 | 34,554,000,000 | 34,719,000,000 | 35,851,000,000 | 32,150,000,000 | 32,089,000,000 | 29,971,000,000 | 32,429,000,000 | 32,542,000,000 | 30,114,000,000 | 31,720,000,000 | 30,143,000,000 | 28,691,000,000 | |||||||||
equity securities at fair value | 785,000,000 | 769,000,000 | 726,000,000 | 727,000,000 | 695,000,000 | 659,000,000 | 668,000,000 | 669,000,000 | 691,000,000 | 683,000,000 | 692,000,000 | 683,000,000 | 682,000,000 | 674,000,000 | 891,000,000 | 898,000,000 | 981,000,000 | 1,035,000,000 | 1,045,000,000 | 1,033,000,000 | 984,000,000 | 992,000,000 | 919,000,000 | 859,000,000 | 799,000,000 | 841,000,000 | 830,000,000 | 814,000,000 | 795,000,000 | 773,000,000 | 695,000,000 | 118,000,000 | 120,000,000 | 123,000,000 | 189,000,000 | 197,000,000 | 212,000,000 | 216,000,000 | 225,000,000 | 222,000,000 | 211,000,000 | 194,000,000 | 174,000,000 | 185,000,000 | 199,000,000 | 199,000,000 | 201,000,000 | 249,000,000 | 260,000,000 | 290,000,000 | 298,000,000 | 304,000,000 | 327,000,000 | 346,000,000 | 356,000,000 | 440,000,000 | 531,000,000 | 549,000,000 | 681,000,000 | 644,000,000 | 972,000,000 | 748,000,000 | 726,000,000 | 871,000,000 | 961,000,000 | 1,419,000,000 | 474,000,000 | 568,000,000 | 608,000,000 | 685,000,000 | 673,000,000 | 657,000,000 | 576,000,000 | 924,000,000 | 720,000,000 | 549,000,000 | 492,000,000 | 368,000,000 | 343,000,000 | 300,000,000 | 504,000,000 | |||||||||
limited partnership investments | 2,823,000,000 | 2,772,000,000 | 2,713,000,000 | 2,667,000,000 | 2,572,000,000 | 2,520,000,000 | 2,462,000,000 | 2,367,000,000 | 2,274,000,000 | 2,174,000,000 | 2,074,000,000 | 2,020,000,000 | 1,982,000,000 | 1,926,000,000 | 1,895,000,000 | 1,863,000,000 | 1,840,000,000 | 1,859,000,000 | 1,874,000,000 | 1,781,000,000 | 1,654,000,000 | 1,619,000,000 | 1,567,000,000 | 1,558,000,000 | 1,509,000,000 | 1,758,000,000 | 1,785,000,000 | 1,876,000,000 | 2,297,000,000 | 2,363,000,000 | 2,369,000,000 | 2,380,000,000 | 2,389,000,000 | 2,542,000,000 | 2,562,000,000 | 2,548,000,000 | 2,738,000,000 | 2,930,000,000 | 2,967,000,000 | 2,937,000,000 | 2,931,000,000 | 2,831,000,000 | 2,799,000,000 | 2,720,000,000 | 2,790,000,000 | 2,665,000,000 | 2,564,000,000 | 2,462,000,000 | 2,370,000,000 | 2,242,000,000 | 2,400,000,000 | 2,245,000,000 | 2,371,000,000 | 2,554,000,000 | 2,460,000,000 | 2,309,000,000 | 2,166,000,000 | 2,059,000,000 | 1,947,000,000 | 1,787,000,000 | 1,890,000,000 | 1,780,000,000 | 1,667,000,000 | 1,683,000,000 | 2,110,000,000 | 2,321,000,000 | 2,245,000,000 | 2,214,000,000 | 2,093,000,000 | 2,012,000,000 | 1,940,000,000 | 1,852,000,000 | 1,723,000,000 | 1,671,000,000 | 1,653,000,000 | 1,618,000,000 | 1,562,000,000 | 1,633,000,000 | 1,715,000,000 | 1,686,000,000 | 1,659,000,000 | 1,117,000,000 | 1,069,000,000 | 1,060,000,000 | ||||||
other invested assets | 110,000,000 | 105,000,000 | 97,000,000 | 88,000,000 | 96,000,000 | 85,000,000 | 83,000,000 | 73,000,000 | 79,000,000 | 80,000,000 | 69,000,000 | 71,000,000 | 79,000,000 | 78,000,000 | 73,000,000 | 71,000,000 | 97,000,000 | 91,000,000 | 82,000,000 | 70,000,000 | 77,000,000 | 76,000,000 | 69,000,000 | 65,000,000 | 63,000,000 | 60,000,000 | 58,000,000 | 59,000,000 | 51,000,000 | 48,000,000 | 44,000,000 | 42,000,000 | 40,000,000 | 33,000,000 | 45,000,000 | 44,000,000 | 45,000,000 | 43,000,000 | 43,000,000 | 41,000,000 | 44,000,000 | 45,000,000 | 55,000,000 | 54,000,000 | 55,000,000 | 36,000,000 | 49,000,000 | 59,000,000 | 11,000,000 | 11,000,000 | 11,000,000 | 12,000,000 | 17,000,000 | 16,000,000 | 15,000,000 | 27,000,000 | 29,000,000 | 1,000,000 | 3,000,000 | 4,000,000 | 6,000,000 | 8,000,000 | 11,000,000 | 28,000,000 | 63,000,000 | 9,000,000 | 9,000,000 | 46,000,000 | 43,000,000 | 68,000,000 | 25,000,000 | 26,000,000 | 30,000,000 | 27,000,000 | 37,000,000 | 34,000,000 | 44,000,000 | 43,000,000 | 6,000,000 | 5,000,000 | 14,000,000 | 40,000,000 | 32,000,000 | 47,000,000 | 1,380,000,000 | |||||
mortgage loans | 1,055,000,000 | 1,079,000,000 | 1,055,000,000 | 1,040,000,000 | 1,049,000,000 | 1,019,000,000 | 1,003,000,000 | 986,000,000 | 1,029,000,000 | 1,035,000,000 | 995,000,000 | 1,009,000,000 | 1,006,000,000 | 1,040,000,000 | 953,000,000 | 949,000,000 | 942,000,000 | 973,000,000 | 1,031,000,000 | 1,006,000,000 | 1,043,000,000 | 1,068,000,000 | 1,088,000,000 | 1,042,000,000 | 1,021,000,000 | 923,000,000 | 916,000,000 | 863,000,000 | 868,000,000 | 865,000,000 | 839,000,000 | 646,000,000 | 611,000,000 | 610,000,000 | 675,000,000 | 678,000,000 | 640,000,000 | 622,000,000 | 586,000,000 | 588,000,000 | 556,000,000 | 518,000,000 | 495,000,000 | 508,000,000 | 440,000,000 | 437,000,000 | 425,000,000 | 401,000,000 | 358,000,000 | 339,000,000 | 281,000,000 | 234,000,000 | 204,000,000 | 198,000,000 | 118,000,000 | 87,000,000 | 70,000,000 | 14,000,000 | ||||||||||||||||||||||||||||||||
short-term investments | 1,499,000,000 | 2,320,000,000 | 2,243,000,000 | 1,727,000,000 | 1,584,000,000 | 2,088,000,000 | 1,900,000,000 | 1,747,000,000 | 1,996,000,000 | 2,165,000,000 | 5,185,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total investments | 49,502,000,000 | 50,447,000,000 | 50,536,000,000 | 49,048,000,000 | 47,969,000,000 | 47,482,000,000 | 48,695,000,000 | 46,245,000,000 | 46,674,000,000 | 46,562,000,000 | 43,647,000,000 | 44,435,000,000 | 44,023,000,000 | 43,177,000,000 | 42,137,000,000 | 44,280,000,000 | 47,106,000,000 | 50,328,000,000 | 50,236,000,000 | 50,265,000,000 | 48,671,000,000 | 50,293,000,000 | 49,006,000,000 | 47,757,000,000 | 44,086,000,000 | 47,535,000,000 | 46,747,000,000 | 45,639,000,000 | 44,929,000,000 | 45,152,000,000 | 46,870,000,000 | 46,268,000,000 | 45,279,000,000 | 46,549,000,000 | 45,371,000,000 | 44,699,000,000 | 45,318,000,000 | 45,332,000,000 | 45,932,000,000 | 46,262,000,000 | 46,320,000,000 | 46,080,000,000 | 45,008,000,000 | 46,107,000,000 | 46,233,000,000 | 46,299,000,000 | 47,593,000,000 | 47,636,000,000 | 47,788,000,000 | 46,001,000,000 | 45,465,000,000 | 44,373,000,000 | 44,105,000,000 | 43,377,000,000 | 42,830,000,000 | 42,655,000,000 | 43,526,000,000 | 43,228,000,000 | 42,826,000,000 | 41,996,000,000 | 41,661,000,000 | 38,057,000,000 | 35,448,000,000 | 35,003,000,000 | 37,059,000,000 | 39,373,000,000 | 40,571,000,000 | 41,762,000,000 | 43,912,000,000 | 44,427,000,000 | 45,203,000,000 | 44,096,000,000 | 42,939,000,000 | 40,332,000,000 | 40,658,000,000 | 41,783,000,000 | 39,940,000,000 | 39,683,000,000 | 37,950,000,000 | 36,011,000,000 | 37,021,000,000 | 38,100,000,000 | 35,213,000,000 | 35,293,000,000 | 36,180,000,000 | |||||
cash | 522,000,000 | 425,000,000 | 483,000,000 | 373,000,000 | 483,000,000 | 472,000,000 | 456,000,000 | 375,000,000 | 409,000,000 | 345,000,000 | 485,000,000 | 358,000,000 | 483,000,000 | 475,000,000 | 503,000,000 | 560,000,000 | 361,000,000 | 536,000,000 | 625,000,000 | 462,000,000 | 588,000,000 | 419,000,000 | 442,000,000 | 586,000,000 | 857,000,000 | 340,000,000 | 271,000,000 | 223,000,000 | 310,000,000 | 288,000,000 | 355,000,000 | 225,000,000 | 299,000,000 | 289,000,000 | 242,000,000 | 387,000,000 | 236,000,000 | 145,000,000 | 201,000,000 | 190,000,000 | 247,000,000 | 204,000,000 | 206,000,000 | 195,000,000 | 185,000,000 | 121,000,000 | 123,000,000 | 156,000,000 | 129,000,000 | 100,000,000 | 59,000,000 | 75,000,000 | 84,000,000 | 84,000,000 | 81,000,000 | 77,000,000 | 82,000,000 | 72,000,000 | 95,000,000 | 140,000,000 | 128,000,000 | 98,000,000 | 94,000,000 | 85,000,000 | 115,000,000 | 78,000,000 | 132,000,000 | 94,000,000 | 80,000,000 | 80,000,000 | 91,000,000 | 84,000,000 | 98,000,000 | 98,000,000 | 96,000,000 | 86,000,000 | 70,000,000 | 93,000,000 | 71,000,000 | 103,000,000 | 81,000,000 | 139,000,000 | 178,000,000 | 140,000,000 | 166,000,000 | 126,000,000 | ||||
reinsurance receivables | 6,387,000,000 | 6,381,000,000 | 6,445,000,000 | 6,417,000,000 | 6,266,000,000 | 6,051,000,000 | 5,798,000,000 | 5,652,000,000 | 5,574,000,000 | 5,412,000,000 | 5,447,000,000 | 5,581,000,000 | 5,484,000,000 | 5,416,000,000 | 5,700,000,000 | 5,753,000,000 | 5,505,000,000 | 5,463,000,000 | 5,328,000,000 | 5,198,000,000 | 5,111,000,000 | 4,457,000,000 | 4,370,000,000 | 4,435,000,000 | 4,328,000,000 | 4,063,000,000 | 4,234,000,000 | 4,277,000,000 | 4,224,000,000 | 4,535,000,000 | 4,261,000,000 | 4,426,000,000 | 4,395,000,000 | 4,683,000,000 | 4,692,000,000 | 4,453,000,000 | 4,491,000,000 | 4,654,000,000 | 4,720,000,000 | 4,694,000,000 | 4,801,000,000 | 5,050,000,000 | 5,034,000,000 | 6,017,000,000 | 5,731,000,000 | 5,970,000,000 | 6,066,000,000 | 6,158,000,000 | 5,840,000,000 | 5,751,000,000 | 5,898,000,000 | 6,001,000,000 | 6,723,000,000 | 6,802,000,000 | 6,956,000,000 | 7,079,000,000 | 7,333,000,000 | 6,209,000,000 | 6,328,000,000 | 6,581,000,000 | 6,644,000,000 | 6,979,000,000 | 7,180,000,000 | 7,395,000,000 | 7,611,000,000 | 7,797,000,000 | 8,096,000,000 | 8,228,000,000 | 8,893,000,000 | 8,924,000,000 | 9,373,000,000 | 9,478,000,000 | 10,368,000,000 | 11,455,000,000 | 11,643,000,000 | 14,098,000,000 | 13,971,000,000 | 15,070,000,000 | 15,381,000,000 | 15,651,000,000 | 14,238,000,000 | 15,681,000,000 | 14,569,000,000 | 13,114,000,000 | 12,732,000,000 | 12,500,000,000 | ||||
insurance receivables | 3,720,000,000 | 3,739,000,000 | 3,666,000,000 | 4,062,000,000 | 3,703,000,000 | 3,671,000,000 | 3,489,000,000 | 3,816,000,000 | 3,432,000,000 | 3,442,000,000 | 3,211,000,000 | 3,521,000,000 | 3,126,000,000 | 3,158,000,000 | 2,986,000,000 | 3,210,000,000 | 2,892,000,000 | 2,945,000,000 | 2,799,000,000 | 2,954,000,000 | 2,652,000,000 | 2,607,000,000 | 2,527,000,000 | 2,755,000,000 | 2,502,000,000 | 2,464,000,000 | 2,651,000,000 | 2,435,000,000 | 2,354,000,000 | 2,598,000,000 | 2,292,000,000 | 2,406,000,000 | 2,144,000,000 | 2,368,000,000 | 2,151,000,000 | 2,078,000,000 | 2,057,000,000 | 2,187,000,000 | 2,050,000,000 | 1,936,000,000 | 1,962,000,000 | 2,142,000,000 | 2,050,000,000 | 1,979,000,000 | 1,993,000,000 | 2,133,000,000 | 1,974,000,000 | 1,882,000,000 | 1,902,000,000 | 1,794,000,000 | 1,664,000,000 | 1,614,000,000 | 1,694,000,000 | 1,695,000,000 | 1,609,000,000 | 1,557,000,000 | 1,606,000,000 | 1,707,000,000 | 1,645,000,000 | 1,656,000,000 | 1,720,000,000 | 1,848,000,000 | 1,810,000,000 | 1,818,000,000 | 1,877,000,000 | 2,002,000,000 | 1,946,000,000 | 1,972,000,000 | 2,084,000,000 | 2,218,000,000 | 2,170,000,000 | 2,108,000,000 | 1,872,000,000 | 2,060,000,000 | 1,861,000,000 | 1,875,000,000 | 2,095,000,000 | 2,028,000,000 | 2,184,000,000 | 2,521,000,000 | 2,732,000,000 | 2,695,000,000 | 2,767,000,000 | 3,198,000,000 | 3,146,000,000 | 3,007,000,000 | ||||
accrued investment income | 487,000,000 | 480,000,000 | 480,000,000 | 461,000,000 | 465,000,000 | 451,000,000 | 460,000,000 | 453,000,000 | 447,000,000 | 444,000,000 | 441,000,000 | 424,000,000 | 415,000,000 | 402,000,000 | 411,000,000 | 382,000,000 | 398,000,000 | 377,000,000 | 397,000,000 | 383,000,000 | 399,000,000 | 380,000,000 | 401,000,000 | 382,000,000 | 402,000,000 | 409,000,000 | 398,000,000 | 406,000,000 | 406,000,000 | 396,000,000 | 411,000,000 | 406,000,000 | 431,000,000 | 400,000,000 | 426,000,000 | 404,000,000 | 439,000,000 | 397,000,000 | 430,000,000 | 405,000,000 | 442,000,000 | 411,000,000 | 437,000,000 | 443,000,000 | 482,000,000 | 446,000,000 | 476,000,000 | 434,000,000 | 484,000,000 | 446,000,000 | 478,000,000 | 436,000,000 | 467,000,000 | 436,000,000 | 469,000,000 | 425,000,000 | 461,000,000 | 419,000,000 | 457,000,000 | 416,000,000 | 429,000,000 | 383,000,000 | 387,000,000 | 356,000,000 | 384,000,000 | 324,000,000 | 358,000,000 | 330,000,000 | 339,000,000 | 326,000,000 | 321,000,000 | 313,000,000 | 326,000,000 | 296,000,000 | 279,000,000 | 317,000,000 | 291,000,000 | 309,000,000 | 341,000,000 | 318,000,000 | 302,000,000 | 323,000,000 | 364,000,000 | 363,000,000 | 347,000,000 | 300,000,000 | 380,000,000 | 407,000,000 | 368,000,000 | 394,000,000 |
deferred acquisition costs | 1,008,000,000 | 986,000,000 | 985,000,000 | 1,021,000,000 | 999,000,000 | 959,000,000 | 943,000,000 | 948,000,000 | 927,000,000 | 896,000,000 | 880,000,000 | 885,000,000 | 852,000,000 | 806,000,000 | 787,000,000 | 792,000,000 | 766,000,000 | 737,000,000 | 721,000,000 | 721,000,000 | 741,000,000 | 708,000,000 | 697,000,000 | 699,000,000 | 683,000,000 | 668,000,000 | 681,000,000 | 664,000,000 | 654,000,000 | 673,000,000 | 634,000,000 | 647,000,000 | 626,000,000 | 620,000,000 | 622,000,000 | 598,000,000 | 606,000,000 | 621,000,000 | 616,000,000 | 600,000,000 | 627,000,000 | 650,000,000 | 652,000,000 | 624,000,000 | 642,000,000 | 650,000,000 | 641,000,000 | 598,000,000 | 603,000,000 | 584,000,000 | 576,000,000 | 658,000,000 | 783,000,000 | 1,106,000,000 | 1,098,000,000 | 1,079,000,000 | 1,096,000,000 | 1,095,000,000 | 1,109,000,000 | 1,108,000,000 | 1,138,000,000 | 1,145,000,000 | 1,132,000,000 | 1,125,000,000 | 1,157,000,000 | 1,167,000,000 | 1,158,000,000 | 1,161,000,000 | 1,189,000,000 | 1,197,000,000 | 1,189,000,000 | 1,190,000,000 | 1,220,000,000 | 1,211,000,000 | 1,198,000,000 | 1,234,000,000 | 1,248,000,000 | 1,254,000,000 | 1,312,000,000 | 1,343,000,000 | 1,345,000,000 | 2,533,000,000 | 2,662,000,000 | 2,620,000,000 | 2,597,000,000 | 2,551,000,000 | 2,548,000,000 | 2,513,000,000 | 2,467,000,000 | 2,455,000,000 |
deferred income taxes | 603,000,000 | 575,000,000 | 585,000,000 | 759,000,000 | 779,000,000 | 850,000,000 | 755,000,000 | 941,000,000 | 942,000,000 | 1,016,000,000 | 1,277,000,000 | 1,201,000,000 | 1,157,000,000 | 1,178,000,000 | 1,298,000,000 | 927,000,000 | 547,000,000 | 142,000,000 | 135,000,000 | 121,000,000 | 197,000,000 | 66,000,000 | 144,000,000 | 195,000,000 | 518,000,000 | 190,000,000 | 106,000,000 | 217,000,000 | 314,000,000 | 296,000,000 | 137,000,000 | 166,000,000 | 267,000,000 | 293,000,000 | 461,000,000 | 638,000,000 | 279,000,000 | 255,000,000 | 57,000,000 | 191,000,000 | 48,000,000 | 220,000,000 | 331,000,000 | 315,000,000 | 21,000,000 | 93,000,000 | 8,000,000 | 127,000,000 | 201,000,000 | 378,000,000 | 205,000,000 | 376,000,000 | 547,000,000 | 667,000,000 | 367,000,000 | 846,000,000 | 1,098,000,000 | 1,333,000,000 | 1,383,000,000 | 2,537,000,000 | 3,413,000,000 | 3,493,000,000 | 2,409,000,000 | 1,805,000,000 | 1,694,000,000 | 1,198,000,000 | 1,076,000,000 | 1,007,000,000 | 805,000,000 | 855,000,000 | 912,000,000 | 1,351,000,000 | 1,199,000,000 | 908,000,000 | 767,000,000 | 858,000,000 | 726,000,000 | 1,031,000,000 | 649,000,000 | 600,000,000 | 496,000,000 | 179,000,000 | 573,000,000 | 723,000,000 | 679,000,000 | 840,000,000 | 892,000,000 | 889,000,000 | ||
property and equipment at cost | 287,000,000 | 282,000,000 | 283,000,000 | 297,000,000 | 291,000,000 | 295,000,000 | 258,000,000 | 259,000,000 | 256,000,000 | 253,000,000 | 257,000,000 | 246,000,000 | 232,000,000 | 226,000,000 | 229,000,000 | 227,000,000 | 225,000,000 | 226,000,000 | 234,000,000 | 234,000,000 | 244,000,000 | 252,000,000 | 256,000,000 | 264,000,000 | 271,000,000 | 293,000,000 | 302,000,000 | 314,000,000 | 332,000,000 | 347,000,000 | 326,000,000 | 336,000,000 | 324,000,000 | 276,000,000 | 263,000,000 | 343,000,000 | 320,000,000 | 317,000,000 | 298,000,000 | 295,000,000 | 287,000,000 | 289,000,000 | 293,000,000 | 304,000,000 | 334,000,000 | 327,000,000 | 323,000,000 | 326,000,000 | 317,000,000 | 310,000,000 | 307,000,000 | 309,000,000 | 324,000,000 | 300,000,000 | 316,000,000 | 333,000,000 | 337,000,000 | 340,000,000 | 350,000,000 | 360,000,000 | 363,000,000 | 378,000,000 | 390,000,000 | 393,000,000 | 404,000,000 | 402,000,000 | 394,000,000 | 378,000,000 | 353,000,000 | 334,000,000 | 296,000,000 | 277,000,000 | 239,000,000 | 222,000,000 | 200,000,000 | 230,000,000 | 223,000,000 | 230,000,000 | 261,000,000 | 271,000,000 | 280,000,000 | 314,000,000 | 338,000,000 | 358,000,000 | 363,000,000 | 369,000,000 | 376,000,000 | 391,000,000 | 436,000,000 | 463,000,000 |
goodwill | 147,000,000 | 148,000,000 | 148,000,000 | 148,000,000 | 146,000,000 | 145,000,000 | 147,000,000 | 146,000,000 | 146,000,000 | 146,000,000 | 145,000,000 | 146,000,000 | 145,000,000 | 144,000,000 | 142,000,000 | 145,000,000 | 147,000,000 | 148,000,000 | 148,000,000 | 148,000,000 | 148,000,000 | 148,000,000 | 146,000,000 | 145,000,000 | 145,000,000 | 145,000,000 | 146,000,000 | 147,000,000 | 147,000,000 | 147,000,000 | 148,000,000 | 147,000,000 | 146,000,000 | 147,000,000 | 150,000,000 | 150,000,000 | 151,000,000 | 153,000,000 | 151,000,000 | 152,000,000 | 154,000,000 | 156,000,000 | 155,000,000 | 155,000,000 | 154,000,000 | 152,000,000 | 151,000,000 | 154,000,000 | ||||||||||||||||||||||||||||||||||||||||||
deferred non-insurance warranty acquisition expense | 3,098,000,000 | 3,220,000,000 | 3,340,000,000 | 3,441,000,000 | 3,493,000,000 | 3,525,000,000 | 3,571,000,000 | 3,598,000,000 | 3,621,000,000 | 3,661,000,000 | 3,688,000,000 | 3,689,000,000 | 3,671,000,000 | 3,671,000,000 | 3,653,000,000 | 3,593,000,000 | 3,504,000,000 | 3,476,000,000 | 3,418,000,000 | 3,305,000,000 | 3,149,000,000 | 3,068,000,000 | 2,998,000,000 | 2,916,000,000 | 2,905,000,000 | 2,772,000,000 | 2,678,000,000 | 2,576,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets | 2,798,000,000 | 2,760,000,000 | 2,805,000,000 | 2,909,000,000 | 2,732,000,000 | 2,591,000,000 | 2,784,000,000 | 2,761,000,000 | 2,647,000,000 | 2,534,000,000 | 2,474,000,000 | 2,602,000,000 | 2,467,000,000 | 2,274,000,000 | 2,369,000,000 | 2,360,000,000 | 2,341,000,000 | 2,261,000,000 | 2,481,000,000 | 2,416,000,000 | 1,813,000,000 | 1,628,000,000 | 1,788,000,000 | 1,961,000,000 | 1,708,000,000 | 1,571,000,000 | 1,749,000,000 | 1,579,000,000 | 3,589,000,000 | 3,426,000,000 | 1,133,000,000 | 1,178,000,000 | 1,290,000,000 | 1,281,000,000 | 1,124,000,000 | 1,297,000,000 | 915,000,000 | 961,000,000 | 1,010,000,000 | 841,000,000 | 891,000,000 | 862,000,000 | 855,000,000 | 969,000,000 | 889,000,000 | 907,000,000 | 1,080,000,000 | 773,000,000 | 911,000,000 | 877,000,000 | 818,000,000 | 779,000,000 | 900,000,000 | 1,007,000,000 | 1,047,000,000 | 868,000,000 | 1,470,000,000 | 1,170,000,000 | 1,188,000,000 | 505,000,000 | 624,000,000 | 474,000,000 | 551,000,000 | 562,000,000 | 571,000,000 | 583,000,000 | 601,000,000 | 579,000,000 | 586,000,000 | 559,000,000 | 657,000,000 | 592,000,000 | 650,000,000 | 621,000,000 | 675,000,000 | 985,000,000 | 1,092,000,000 | 948,000,000 | 785,000,000 | 766,000,000 | 936,000,000 | 1,583,000,000 | 1,640,000,000 | 1,744,000,000 | 1,773,000,000 | 1,785,000,000 | 2,292,000,000 | 2,080,000,000 | 2,222,000,000 | 2,426,000,000 |
total assets | 68,559,000,000 | 69,443,000,000 | 69,756,000,000 | 68,936,000,000 | 67,326,000,000 | 66,492,000,000 | 67,356,000,000 | 65,194,000,000 | 65,075,000,000 | 64,711,000,000 | 61,952,000,000 | 63,088,000,000 | 62,055,000,000 | 60,927,000,000 | 60,215,000,000 | 62,229,000,000 | 63,792,000,000 | 66,639,000,000 | 66,522,000,000 | 66,207,000,000 | 63,713,000,000 | 64,026,000,000 | 62,775,000,000 | 62,095,000,000 | 58,405,000,000 | 60,450,000,000 | 59,963,000,000 | 58,477,000,000 | 57,259,000,000 | 57,858,000,000 | 56,567,000,000 | 56,205,000,000 | 55,201,000,000 | 56,906,000,000 | 55,502,000,000 | 55,047,000,000 | 54,812,000,000 | 55,022,000,000 | 55,465,000,000 | 55,566,000,000 | 55,731,000,000 | 59,437,000,000 | 58,224,000,000 | 57,194,000,000 | 57,187,000,000 | 57,567,000,000 | 58,727,000,000 | 58,522,000,000 | 58,612,000,000 | 56,499,000,000 | 56,007,000,000 | 55,179,000,000 | 55,844,000,000 | 55,774,000,000 | 55,543,000,000 | 55,331,000,000 | 56,881,000,000 | 55,674,000,000 | 55,679,000,000 | 55,298,000,000 | 55,575,000,000 | 53,588,000,000 | 51,777,000,000 | 51,688,000,000 | 53,708,000,000 | 55,181,000,000 | 56,424,000,000 | 56,732,000,000 | 60,115,000,000 | 60,737,000,000 | 61,605,000,000 | 60,283,000,000 | 60,557,000,000 | 58,912,000,000 | 59,675,000,000 | 63,976,000,000 | 62,617,000,000 | 62,998,000,000 | 61,421,000,000 | 61,185,000,000 | 67,560,000,000 | 68,503,000,000 | 63,504,000,000 | 61,731,000,000 | 65,068,000,000 | |||||
liabilities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance reserves: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
claim and claim adjustment expenses | 26,933,000,000 | 26,599,000,000 | 26,525,000,000 | 26,203,000,000 | 25,581,000,000 | 24,976,000,000 | 24,558,000,000 | 23,974,000,000 | 23,588,000,000 | 23,304,000,000 | 22,836,000,000 | 22,802,000,000 | 22,409,000,000 | 25,099,000,000 | 24,700,000,000 | 24,559,000,000 | 24,348,000,000 | 24,174,000,000 | 23,832,000,000 | 23,480,000,000 | 23,056,000,000 | 22,706,000,000 | 22,534,000,000 | 22,270,000,000 | 21,872,000,000 | 21,596,000,000 | 21,729,000,000 | 21,836,000,000 | 21,604,000,000 | 21,990,000,000 | 22,004,000,000 | 22,179,000,000 | 22,260,000,000 | 22,975,000,000 | 23,018,000,000 | 22,663,000,000 | 22,867,000,000 | 23,193,000,000 | 23,248,000,000 | 23,271,000,000 | 23,475,000,000 | 23,996,000,000 | 23,933,000,000 | 24,089,000,000 | 23,962,000,000 | 24,339,000,000 | 24,511,000,000 | 24,763,000,000 | 24,331,000,000 | 24,007,000,000 | 24,203,000,000 | 24,303,000,000 | 25,031,000,000 | 25,196,000,000 | 25,352,000,000 | 25,496,000,000 | 25,783,000,000 | 25,968,000,000 | 26,559,000,000 | 26,816,000,000 | 26,906,000,000 | 27,100,000,000 | 27,243,000,000 | 27,593,000,000 | 28,023,000,000 | 28,202,000,000 | 28,502,000,000 | 28,588,000,000 | 28,992,000,000 | 29,184,000,000 | 29,510,000,000 | 29,636,000,000 | ||||||||||||||||||
unearned premiums | 7,646,000,000 | 7,635,000,000 | 7,578,000,000 | 7,890,000,000 | 7,504,000,000 | 7,346,000,000 | 7,259,000,000 | 7,409,000,000 | 7,046,000,000 | 6,933,000,000 | 6,789,000,000 | 6,978,000,000 | 6,581,000,000 | 6,374,000,000 | 6,195,000,000 | 6,289,000,000 | 5,942,000,000 | 5,761,000,000 | 5,577,000,000 | 5,592,000,000 | 5,319,000,000 | 5,119,000,000 | 5,020,000,000 | 4,996,000,000 | 4,745,000,000 | 4,608,000,000 | 4,648,000,000 | 4,422,000,000 | 4,289,000,000 | 4,410,000,000 | 4,029,000,000 | 4,107,000,000 | 3,912,000,000 | 3,865,000,000 | 3,807,000,000 | 3,671,000,000 | 3,706,000,000 | 3,815,000,000 | 3,710,000,000 | 3,592,000,000 | 3,703,000,000 | 3,851,000,000 | 3,838,000,000 | 3,718,000,000 | 3,820,000,000 | 3,869,000,000 | 3,759,000,000 | 3,610,000,000 | 3,681,000,000 | 3,478,000,000 | 3,383,000,000 | 3,250,000,000 | 3,386,000,000 | 3,409,000,000 | 3,321,000,000 | 3,203,000,000 | 3,265,000,000 | 3,303,000,000 | 3,283,000,000 | 3,274,000,000 | 3,392,000,000 | 3,508,000,000 | 3,461,000,000 | 3,406,000,000 | 3,550,000,000 | 3,645,000,000 | 3,578,000,000 | 3,598,000,000 | 3,753,000,000 | 3,883,000,000 | 3,825,000,000 | 3,784,000,000 | 3,871,000,000 | 3,907,000,000 | 3,847,000,000 | 4,343,000,000 | 4,414,000,000 | 4,447,000,000 | 4,381,000,000 | 4,610,000,000 | 4,833,000,000 | 5,115,000,000 | 5,002,000,000 | |||||||
future policy benefits | 13,195,000,000 | 13,448,000,000 | 13,546,000,000 | 13,329,000,000 | 13,304,000,000 | 13,158,000,000 | 14,047,000,000 | 13,211,000,000 | 13,513,000,000 | 13,959,000,000 | 12,654,000,000 | 13,666,000,000 | 13,976,000,000 | 10,151,000,000 | 10,454,000,000 | 10,926,000,000 | 11,938,000,000 | 13,236,000,000 | 13,198,000,000 | 13,285,000,000 | 12,772,000,000 | 13,318,000,000 | 12,978,000,000 | 12,596,000,000 | 11,734,000,000 | 12,305,000,000 | 11,537,000,000 | 11,078,000,000 | 10,605,000,000 | 10,667,000,000 | 11,179,000,000 | 10,824,000,000 | 10,491,000,000 | 11,140,000,000 | 10,500,000,000 | 10,152,000,000 | 9,520,000,000 | 9,360,000,000 | 9,747,000,000 | 9,490,000,000 | 8,890,000,000 | 8,696,000,000 | 8,254,000,000 | 10,471,000,000 | 10,681,000,000 | 10,787,000,000 | 11,469,000,000 | 11,475,000,000 | 10,974,000,000 | 10,352,000,000 | 9,959,000,000 | 9,810,000,000 | 9,258,000,000 | 9,021,000,000 | 8,842,000,000 | 8,718,000,000 | 8,372,000,000 | 8,217,000,000 | 8,090,000,000 | 7,981,000,000 | 7,864,000,000 | 7,746,000,000 | 7,634,000,000 | 7,529,000,000 | 7,442,000,000 | 7,325,000,000 | 7,209,000,000 | 7,106,000,000 | 6,993,000,000 | 6,871,000,000 | 6,755,000,000 | 6,645,000,000 | 6,552,000,000 | 6,461,000,000 | 6,339,000,000 | 6,181,000,000 | 6,069,000,000 | 5,978,000,000 | 5,743,000,000 | 5,634,000,000 | 4,503,000,000 | 7,576,000,000 | 7,286,000,000 | |||||||
long-term debt | 2,972,000,000 | 2,971,000,000 | 2,970,000,000 | 2,475,000,000 | 2,474,000,000 | 2,973,000,000 | 2,972,000,000 | 2,971,000,000 | 2,970,000,000 | 2,481,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred non-insurance warranty revenue | 3,976,000,000 | 4,138,000,000 | 4,294,000,000 | 4,421,000,000 | 4,488,000,000 | 4,530,000,000 | 4,594,000,000 | 4,623,000,000 | 4,645,000,000 | 4,694,000,000 | 4,736,000,000 | 4,735,000,000 | 4,710,000,000 | 4,714,000,000 | 4,706,000,000 | 4,638,000,000 | 4,528,000,000 | 4,503,000,000 | 4,443,000,000 | 4,309,000,000 | 4,119,000,000 | 4,023,000,000 | 3,951,000,000 | 3,852,000,000 | 3,848,000,000 | 3,707,000,000 | 3,595,000,000 | 3,472,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other liabilities | 2,980,000,000 | 3,031,000,000 | 3,021,000,000 | 3,457,000,000 | 3,196,000,000 | 2,996,000,000 | 3,168,000,000 | 3,132,000,000 | 3,101,000,000 | 2,897,000,000 | 3,101,000,000 | 3,005,000,000 | 2,930,000,000 | 2,983,000,000 | 3,286,000,000 | 3,525,000,000 | 3,440,000,000 | 3,377,000,000 | 4,030,000,000 | 4,096,000,000 | 3,581,000,000 | 3,377,000,000 | 3,495,000,000 | 4,056,000,000 | 3,164,000,000 | 3,433,000,000 | 3,689,000,000 | 3,533,000,000 | 6,571,000,000 | 6,667,000,000 | 4,253,000,000 | 4,356,000,000 | 4,135,000,000 | 4,332,000,000 | 3,999,000,000 | 4,243,000,000 | 3,893,000,000 | 3,860,000,000 | 3,763,000,000 | 3,833,000,000 | 3,435,000,000 | 3,249,000,000 | 3,234,000,000 | 3,408,000,000 | 3,672,000,000 | 3,677,000,000 | 3,579,000,000 | 3,245,000,000 | 3,815,000,000 | 3,231,000,000 | 3,233,000,000 | 2,975,000,000 | 2,915,000,000 | 3,071,000,000 | 2,883,000,000 | 3,056,000,000 | 3,547,000,000 | 2,847,000,000 | 3,046,000,000 | 2,564,000,000 | 2,553,000,000 | 2,567,000,000 | 2,659,000,000 | 2,824,000,000 | 2,312,000,000 | 2,305,000,000 | 2,394,000,000 | 2,478,000,000 | 2,575,000,000 | 2,560,000,000 | 2,550,000,000 | 2,740,000,000 | 2,256,000,000 | 2,281,000,000 | 2,240,000,000 | 2,196,000,000 | 2,274,000,000 | 2,445,000,000 | 2,114,000,000 | 1,995,000,000 | 2,152,000,000 | 2,530,000,000 | 2,595,000,000 | 2,516,000,000 | 2,773,000,000 | 2,915,000,000 | 2,870,000,000 | 3,441,000,000 | ||
total liabilities | 57,702,000,000 | 57,822,000,000 | 58,434,000,000 | 58,275,000,000 | 57,047,000,000 | 55,979,000,000 | 56,598,000,000 | 55,320,000,000 | 55,413,000,000 | 54,818,000,000 | 53,389,000,000 | 54,362,000,000 | 53,388,000,000 | 52,102,000,000 | 52,121,000,000 | 52,717,000,000 | 52,975,000,000 | 53,830,000,000 | 53,858,000,000 | 53,539,000,000 | 51,624,000,000 | 51,319,000,000 | 50,754,000,000 | 50,450,000,000 | 48,043,000,000 | 48,327,000,000 | 47,876,000,000 | 47,022,000,000 | 45,749,000,000 | 46,443,000,000 | 44,323,000,000 | 44,177,000,000 | 43,508,000,000 | 45,020,000,000 | 44,032,000,000 | 43,291,000,000 | 42,547,000,000 | 42,788,000,000 | 43,028,000,000 | 42,772,000,000 | 42,697,000,000 | 46,363,000,000 | 45,642,000,000 | 44,543,000,000 | 45,034,000,000 | 45,623,000,000 | 46,322,000,000 | 46,208,000,000 | 45,952,000,000 | 44,285,000,000 | 44,026,000,000 | 43,622,000,000 | 43,888,000,000 | 44,025,000,000 | 43,721,000,000 | 43,807,000,000 | 44,316,000,000 | 43,269,000,000 | 43,955,000,000 | 44,132,000,000 | 44,320,000,000 | 44,477,000,000 | 44,288,000,000 | 44,391,000,000 | 45,568,000,000 | 45,437,000,000 | 46,669,000,000 | 46,197,000,000 | 49,631,000,000 | 50,374,000,000 | 51,119,000,000 | 50,180,000,000 | 50,903,000,000 | 49,675,000,000 | 50,437,000,000 | 54,299,000,000 | 52,603,000,000 | 53,667,000,000 | 52,249,000,000 | 52,592,000,000 | 58,387,000,000 | 53,544,000,000 | 56,135,000,000 | |||||||
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders' equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 683,000,000 | 645,000,000 | 645,000,000 | 645,000,000 | 645,000,000 | 645,000,000 | 645,000,000 | 645,000,000 | 565,000,000 | 565,000,000 | 565,000,000 | 565,000,000 | 565,000,000 | 565,000,000 | 565,000,000 | 565,000,000 | ||
additional paid-in capital | 2,195,000,000 | 2,229,000,000 | 2,220,000,000 | 2,213,000,000 | 2,204,000,000 | 2,229,000,000 | 2,221,000,000 | 2,210,000,000 | 2,201,000,000 | 2,221,000,000 | 2,213,000,000 | 2,204,000,000 | 2,196,000,000 | 2,220,000,000 | 2,211,000,000 | 2,203,000,000 | 2,195,000,000 | 2,215,000,000 | 2,208,000,000 | 2,201,000,000 | 2,194,000,000 | 2,211,000,000 | 2,202,000,000 | 2,196,000,000 | 2,187,000,000 | 2,197,000,000 | 2,190,000,000 | 2,184,000,000 | 2,186,000,000 | 2,179,000,000 | 2,175,000,000 | 2,167,000,000 | 2,161,000,000 | 2,155,000,000 | 2,146,000,000 | 2,153,000,000 | 2,150,000,000 | 2,146,000,000 | 2,143,000,000 | 2,151,000,000 | 2,149,000,000 | 2,146,000,000 | 2,144,000,000 | 2,145,000,000 | 2,142,000,000 | 2,140,000,000 | 2,138,000,000 | 2,146,000,000 | 2,144,000,000 | 2,141,000,000 | 2,140,000,000 | 2,146,000,000 | 2,144,000,000 | 2,143,000,000 | 2,198,000,000 | 2,200,000,000 | 2,201,000,000 | 2,200,000,000 | 2,198,000,000 | 2,177,000,000 | 2,176,000,000 | 2,175,000,000 | 2,175,000,000 | 2,174,000,000 | 2,172,000,000 | 2,171,000,000 | 2,170,000,000 | 2,169,000,000 | 2,168,000,000 | 2,167,000,000 | 2,168,000,000 | 2,166,000,000 | 2,166,000,000 | 1,703,000,000 | 1,702,000,000 | 1,701,000,000 | 1,701,000,000 | 1,701,000,000 | 1,701,000,000 | 1,701,000,000 | 1,031,000,000 | 1,031,000,000 | 1,031,000,000 | 1,031,000,000 | 1,031,000,000 | 1,031,000,000 | 1,031,000,000 | 1,031,000,000 | ||
retained earnings | 9,448,000,000 | 9,915,000,000 | 9,739,000,000 | 9,460,000,000 | 9,287,000,000 | 9,686,000,000 | 9,785,000,000 | 9,623,000,000 | 9,425,000,000 | 9,755,000,000 | 9,503,000,000 | 9,359,000,000 | 9,191,000,000 | 9,572,000,000 | 9,433,000,000 | 9,415,000,000 | 9,319,000,000 | 9,663,000,000 | 9,500,000,000 | 9,348,000,000 | 9,084,000,000 | 9,081,000,000 | 8,796,000,000 | 8,683,000,000 | 8,634,000,000 | 9,171,000,000 | 9,159,000,000 | 8,976,000,000 | 9,456,000,000 | 9,216,000,000 | 9,414,000,000 | 9,211,000,000 | 9,006,000,000 | 8,911,000,000 | 8,770,000,000 | 9,313,000,000 | 9,450,000,000 | 9,340,000,000 | 9,270,000,000 | 9,645,000,000 | 9,515,000,000 | 9,369,000,000 | 9,170,000,000 | 9,495,000,000 | 9,328,000,000 | 9,110,000,000 | 8,969,000,000 | 8,774,000,000 | 8,823,000,000 | 8,643,000,000 | 8,517,000,000 | 8,382,000,000 | 8,219,000,000 | 8,171,000,000 | 8,072,000,000 | 7,876,000,000 | 7,582,000,000 | 7,742,000,000 | 7,484,000,000 | 7,264,000,000 | 7,046,000,000 | 6,814,000,000 | 6,619,000,000 | 6,845,000,000 | 7,200,000,000 | 7,572,000,000 | 7,431,000,000 | 7,285,000,000 | 7,162,000,000 | 7,015,000,000 | 6,825,000,000 | 6,486,000,000 | 6,157,000,000 | 6,089,000,000 | 5,850,000,000 | 6,041,000,000 | 6,038,000,000 | 5,750,000,000 | 5,296,000,000 | 5,324,000,000 | 5,035,000,000 | 4,986,000,000 | 6,746,000,000 | 6,676,000,000 | 6,793,000,000 | 6,796,000,000 | 6,761,000,000 | 6,705,000,000 | ||
accumulated other comprehensive loss | -1,349,000,000 | -1,098,000,000 | -1,211,000,000 | -1,586,000,000 | -1,785,000,000 | -1,991,000,000 | -1,837,000,000 | -2,547,000,000 | -2,572,000,000 | -2,672,000,000 | -3,741,000,000 | -3,425,000,000 | -3,308,000,000 | -11,000,000 | -325,000,000 | -247,000,000 | -2,127,000,000 | -3,536,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury stock | -120,000,000 | -108,000,000 | -109,000,000 | -109,000,000 | -110,000,000 | -94,000,000 | -94,000,000 | -95,000,000 | -75,000,000 | -94,000,000 | -95,000,000 | -95,000,000 | -95,000,000 | -93,000,000 | -94,000,000 | -76,000,000 | -77,000,000 | -72,000,000 | -73,000,000 | -73,000,000 | -59,000,000 | -71,000,000 | -71,000,000 | -71,000,000 | -72,000,000 | -67,000,000 | -65,000,000 | -64,000,000 | -58,000,000 | -58,000,000 | -60,000,000 | -65,000,000 | -65,000,000 | -73,000,000 | -73,000,000 | -78,000,000 | -78,000,000 | -78,000,000 | -79,000,000 | -84,000,000 | -85,000,000 | -85,000,000 | -85,000,000 | -91,000,000 | -91,000,000 | -91,000,000 | -92,000,000 | -99,000,000 | -99,000,000 | -99,000,000 | -100,000,000 | -102,000,000 | -102,000,000 | -102,000,000 | -101,000,000 | -105,000,000 | -103,000,000 | -106,000,000 | -107,000,000 | -109,000,000 | -109,000,000 | -109,000,000 | -109,000,000 | -109,000,000 | -109,000,000 | -109,000,000 | -109,000,000 | -39,000,000 | -39,000,000 | -39,000,000 | -44,000,000 | -58,000,000 | -65,000,000 | -67,000,000 | -67,000,000 | -69,000,000 | -69,000,000 | -69,000,000 | -69,000,000 | -69,000,000 | -69,000,000 | -69,000,000 | -70,000,000 | -70,000,000 | -69,000,000 | -70,000,000 | -70,000,000 | -70,000,000 | ||
total stockholders’ equity | 10,857,000,000 | 11,621,000,000 | 11,322,000,000 | 10,661,000,000 | 10,279,000,000 | 10,513,000,000 | 10,758,000,000 | 9,874,000,000 | 9,662,000,000 | 9,893,000,000 | 8,563,000,000 | 8,726,000,000 | 8,667,000,000 | 8,825,000,000 | 8,094,000,000 | 9,512,000,000 | 10,817,000,000 | 12,809,000,000 | 12,664,000,000 | 12,668,000,000 | 12,089,000,000 | 12,707,000,000 | 12,021,000,000 | 11,645,000,000 | 10,362,000,000 | 12,123,000,000 | 12,087,000,000 | 11,455,000,000 | 11,510,000,000 | 11,415,000,000 | 12,244,000,000 | 12,028,000,000 | 11,693,000,000 | 11,886,000,000 | 11,470,000,000 | 11,756,000,000 | 12,265,000,000 | 12,234,000,000 | 12,437,000,000 | 12,794,000,000 | 13,034,000,000 | 13,074,000,000 | 12,582,000,000 | 12,651,000,000 | 12,153,000,000 | 11,944,000,000 | 12,405,000,000 | 6,877,000,000 | 7,736,000,000 | 9,346,000,000 | 9,360,000,000 | 10,150,000,000 | 10,115,000,000 | 10,011,000,000 | 10,139,000,000 | 9,768,000,000 | 9,329,000,000 | 8,935,000,000 | 8,940,000,000 | 9,394,000,000 | 9,738,000,000 | 9,054,000,000 | 8,902,000,000 | 8,330,000,000 | 8,910,000,000 | 9,706,000,000 | 8,700,000,000 | |||||||||||||||||||||||
total liabilities and stockholders' equity | 68,559,000,000 | 69,443,000,000 | 69,756,000,000 | 68,936,000,000 | 67,326,000,000 | 66,492,000,000 | 67,356,000,000 | 65,194,000,000 | 65,075,000,000 | 64,711,000,000 | 61,952,000,000 | 63,088,000,000 | 62,055,000,000 | 60,927,000,000 | 60,215,000,000 | 62,229,000,000 | 63,792,000,000 | 66,639,000,000 | 66,522,000,000 | 66,207,000,000 | 63,713,000,000 | 64,026,000,000 | 62,775,000,000 | 62,095,000,000 | 58,405,000,000 | 60,450,000,000 | 59,963,000,000 | 58,477,000,000 | 57,259,000,000 | 57,858,000,000 | 56,567,000,000 | 56,205,000,000 | 55,201,000,000 | 56,906,000,000 | 55,502,000,000 | 55,047,000,000 | 54,812,000,000 | 55,022,000,000 | 55,465,000,000 | 55,566,000,000 | 55,731,000,000 | 59,437,000,000 | 58,224,000,000 | 57,194,000,000 | 57,187,000,000 | 57,567,000,000 | 58,727,000,000 | |||||||||||||||||||||||||||||||||||||||||||
short-term debt | 500,000,000 | 500,000,000 | 500,000,000 | 550,000,000 | 550,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short term investments | 1,961,000,000 | 1,924,000,000 | 1,167,000,000 | 1,832,000,000 | 1,074,000,000 | 1,114,000,000 | 1,301,000,000 | 1,990,000,000 | 1,135,000,000 | 1,465,000,000 | 1,334,000,000 | 1,907,000,000 | 1,462,000,000 | 1,458,000,000 | 596,000,000 | 1,494,000,000 | 1,519,000,000 | 1,474,000,000 | 1,290,000,000 | 1,308,000,000 | 1,436,000,000 | 1,333,000,000 | 1,139,000,000 | 1,384,000,000 | 1,648,000,000 | 1,660,000,000 | 1,482,000,000 | 1,672,000,000 | 1,506,000,000 | 1,706,000,000 | 1,878,000,000 | 2,024,000,000 | 2,070,000,000 | 1,407,000,000 | 1,475,000,000 | 1,531,000,000 | 1,555,000,000 | 1,832,000,000 | 2,484,000,000 | 1,752,000,000 | 1,638,000,000 | 1,641,000,000 | 1,730,000,000 | 1,709,000,000 | 1,677,000,000 | 2,215,000,000 | 2,084,000,000 | 3,040,000,000 | 2,484,000,000 | 3,949,000,000 | 4,075,000,000 | 4,481,000,000 | 4,583,000,000 | 3,534,000,000 | 4,749,000,000 | 5,064,000,000 | 5,347,000,000 | 4,677,000,000 | 6,972,000,000 | 7,108,000,000 | 7,846,000,000 | 5,710,000,000 | ||||||||||||||||||||||||||||
short term debt | 793,000,000 | 792,000,000 | 243,000,000 | 243,000,000 | 30,000,000 | 150,000,000 | 150,000,000 | 150,000,000 | 350,000,000 | 350,000,000 | 549,000,000 | 549,000,000 | 549,000,000 | 549,000,000 | 13,000,000 | 13,000,000 | 13,000,000 | 13,000,000 | 83,000,000 | 83,000,000 | 83,000,000 | 100,000,000 | 400,000,000 | 400,000,000 | 200,000,000 | 200,000,000 | 200,000,000 | 350,000,000 | 150,000,000 | 150,000,000 | 250,000,000 | 250,000,000 | 252,000,000 | 52,000,000 | 83,000,000 | 575,000,000 | 531,000,000 | 506,000,000 | 264,000,000 | 512,000,000 | 292,000,000 | 291,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
long term debt | 2,480,000,000 | 2,384,000,000 | 2,539,000,000 | 2,538,000,000 | 2,780,000,000 | 2,780,000,000 | 2,779,000,000 | 2,779,000,000 | 2,778,000,000 | 2,777,000,000 | 2,777,000,000 | 2,776,000,000 | 2,776,000,000 | 2,680,000,000 | 2,680,000,000 | 2,678,000,000 | 2,678,000,000 | 2,681,000,000 | 2,680,000,000 | 2,679,000,000 | 2,708,000,000 | 2,561,000,000 | 2,560,000,000 | 2,708,000,000 | 2,708,000,000 | 2,212,000,000 | 2,211,000,000 | 2,560,000,000 | 2,560,000,000 | 2,559,000,000 | 2,559,000,000 | 2,558,000,000 | 2,558,000,000 | 2,011,000,000 | 2,559,000,000 | 2,558,000,000 | 2,558,000,000 | 2,557,000,000 | 2,557,000,000 | 2,526,000,000 | 2,526,000,000 | 2,525,000,000 | 2,538,000,000 | 2,648,000,000 | 2,647,000,000 | 2,251,000,000 | 2,251,000,000 | 2,254,000,000 | 2,304,000,000 | 2,303,000,000 | 2,056,000,000 | 2,058,000,000 | 2,058,000,000 | 2,058,000,000 | 1,807,000,000 | 1,807,000,000 | 1,807,000,000 | 1,807,000,000 | 2,007,000,000 | 2,006,000,000 | 2,156,000,000 | 2,156,000,000 | 2,155,000,000 | 1,429,000,000 | 1,438,000,000 | 1,699,000,000 | 1,668,000,000 | 1,669,000,000 | 1,182,000,000 | 1,208,000,000 | 1,980,000,000 | 1,641,000,000 | 1,866,000,000 | 1,872,000,000 | ||||||||||||||||
accumulated other comprehensive income | -3,557,000,000 | -4,139,000,000 | -2,713,000,000 | -1,303,000,000 | 320,000,000 | 346,000,000 | 509,000,000 | 187,000,000 | 803,000,000 | 411,000,000 | 154,000,000 | -1,070,000,000 | 139,000,000 | 120,000,000 | -324,000,000 | -757,000,000 | -605,000,000 | 32,000,000 | 32,000,000 | -92,000,000 | 210,000,000 | -56,000,000 | -315,000,000 | 60,000,000 | 143,000,000 | 421,000,000 | 400,000,000 | 773,000,000 | 962,000,000 | 692,000,000 | 442,000,000 | 113,000,000 | 126,000,000 | 727,000,000 | 831,000,000 | 1,130,000,000 | 867,000,000 | 764,000,000 | 470,000,000 | 886,000,000 | 730,000,000 | 415,000,000 | 326,000,000 | 1,177,000,000 | 390,000,000 | -3,924,000,000 | -2,163,000,000 | -921,000,000 | -763,000,000 | 103,000,000 | 192,000,000 | 235,000,000 | 563,000,000 | 549,000,000 | 447,000,000 | -127,000,000 | 120,000,000 | 384,000,000 | 742,000,000 | 346,000,000 | 652,000,000 | 52,000,000 | 924,000,000 | 1,013,000,000 | 1,370,000,000 | 827,000,000 | 451,000,000 | 175,000,000 | -35,000,000 | 462,000,000 | ||||||||||||||||||||
policyholders’ funds | 27,000,000 | 27,000,000 | 27,000,000 | 26,000,000 | 116,000,000 | 127,000,000 | 133,000,000 | 154,000,000 | 157,000,000 | 165,000,000 | 167,000,000 | 169,000,000 | 191,000,000 | 176,000,000 | 166,000,000 | 165,000,000 | 173,000,000 | 164,000,000 | 172,000,000 | 177,000,000 | 192,000,000 | 200,000,000 | 217,000,000 | 253,000,000 | 243,000,000 | 453,000,000 | 582,000,000 | 859,000,000 | 930,000,000 | 1,013,000,000 | 1,000,000,000 | 977,000,000 | 1,015,000,000 | 1,049,000,000 | 1,115,000,000 | 1,185,000,000 | 1,588,000,000 | 1,654,000,000 | 1,648,000,000 | 1,768,000,000 | 1,787,000,000 | 1,853,000,000 | 568,000,000 | 567,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
notes receivable for the issuance of common stock | -1,000,000 | -1,000,000 | -1,000,000 | -1,000,000 | -22,000,000 | -23,000,000 | -22,000,000 | -24,000,000 | -20,000,000 | -21,000,000 | -21,000,000 | -21,000,000 | -23,000,000 | -22,000,000 | -22,000,000 | -23,000,000 | -25,000,000 | -26,000,000 | -30,000,000 | -30,000,000 | -30,000,000 | -30,000,000 | -30,000,000 | -30,000,000 | -30,000,000 | -42,000,000 | -47,000,000 | -50,000,000 | -52,000,000 | -51,000,000 | -51,000,000 | -50,000,000 | -56,000,000 | -58,000,000 | -59,000,000 | -58,000,000 | -60,000,000 | -58,000,000 | -69,000,000 | -69,000,000 | -73,000,000 | -73,000,000 | -76,000,000 | -75,000,000 | -74,000,000 | -73,000,000 | -71,000,000 | -70,000,000 | -69,000,000 | -67,000,000 | ||||||||||||||||||||||||||||||||||||||||
policyholders' funds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
separate account business | 181,000,000 | 213,000,000 | 247,000,000 | 279,000,000 | 312,000,000 | 345,000,000 | 370,000,000 | 402,000,000 | 417,000,000 | 418,000,000 | 450,000,000 | 449,000,000 | 450,000,000 | 462,000,000 | 447,000,000 | 442,000,000 | 423,000,000 | 452,000,000 | 413,000,000 | 376,000,000 | 384,000,000 | 430,000,000 | 451,000,000 | 465,000,000 | 476,000,000 | 472,000,000 | 483,000,000 | 515,000,000 | 503,000,000 | 525,000,000 | 506,000,000 | 520,000,000 | 554,000,000 | 571,000,000 | 558,000,000 | 567,000,000 | 576,000,000 | 745,000,000 | 3,678,000,000 | 3,240,000,000 | 3,103,000,000 | 3,147,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
assets held for sale | 3,593,000,000 | 3,486,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities held for sale | 3,343,000,000 | 3,250,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
participating policyholders’ funds | 76,000,000 | 71,000,000 | 71,000,000 | 68,000,000 | 68,000,000 | 66,000,000 | 64,000,000 | 62,000,000 | 60,000,000 | 72,000,000 | 61,000,000 | 54,000,000 | 56,000,000 | 55,000,000 | 37,000,000 | 21,000,000 | 20,000,000 | 27,000,000 | 34,000,000 | 34,000,000 | 45,000,000 | 43,000,000 | 43,000,000 | 50,000,000 | 50,000,000 | 49,000,000 | 47,000,000 | 47,000,000 | 56,000,000 | 66,000,000 | 60,000,000 | 66,000,000 | 66,000,000 | 117,000,000 | 121,000,000 | 128,000,000 | 120,000,000 | 127,000,000 | 114,000,000 | 111,000,000 | 121,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total cna stockholders’ equity | 12,314,000,000 | 12,660,000,000 | 12,214,000,000 | 11,981,000,000 | 11,557,000,000 | 11,808,000,000 | 11,602,000,000 | 11,242,000,000 | 10,954,000,000 | 12,010,000,000 | 11,879,000,000 | 11,217,000,000 | 10,660,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and equity | 58,522,000,000 | 58,612,000,000 | 56,499,000,000 | 56,007,000,000 | 55,179,000,000 | 55,844,000,000 | 55,774,000,000 | 55,543,000,000 | 55,331,000,000 | 56,881,000,000 | 55,674,000,000 | 55,679,000,000 | 55,298,000,000 | 55,575,000,000 | 53,588,000,000 | 51,777,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill and other intangible assets | 285,000,000 | 139,000,000 | 139,000,000 | 139,000,000 | 141,000,000 | 141,000,000 | 141,000,000 | 141,000,000 | 141,000,000 | 141,000,000 | 141,000,000 | 141,000,000 | 141,000,000 | 141,000,000 | 141,000,000 | 141,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 142,000,000 | 146,000,000 | 147,000,000 | 145,000,000 | 145,000,000 | 145,000,000 | 162,000,000 | 162,000,000 | 162,000,000 | 162,000,000 | 172,000,000 | 172,000,000 | 174,000,000 | 174,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interests | 148,000,000 | 147,000,000 | 580,000,000 | 570,000,000 | 555,000,000 | 526,000,000 | 507,000,000 | 506,000,000 | 486,000,000 | 455,000,000 | 437,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total equity | 11,557,000,000 | 11,956,000,000 | 11,749,000,000 | 11,822,000,000 | 11,524,000,000 | 12,565,000,000 | 12,405,000,000 | 11,724,000,000 | 11,166,000,000 | 11,255,000,000 | 9,111,000,000 | 7,489,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock | 500,000,000 | 1,000,000,000 | 1,000,000,000 | 1,000,000,000 | 1,250,000,000 | 1,250,000,000 | 1,250,000,000 | 1,250,000,000 | 750,000,000 | 750,000,000 | 750,000,000 | 750,000,000 | 1,500,000,000 | 750,000,000 | 750,000,000 | 750,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables for securities sold and collateral | 154,000,000 | 235,000,000 | 392,000,000 | 285,000,000 | 402,000,000 | 999,000,000 | 767,000,000 | 575,000,000 | 142,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid reinsurance premiums | 188,000,000 | 223,000,000 | 240,000,000 | 255,000,000 | 237,000,000 | 276,000,000 | 290,000,000 | 292,000,000 | 270,000,000 | 321,000,000 | 364,000,000 | 373,000,000 | 342,000,000 | 367,000,000 | 388,000,000 | 440,000,000 | 914,000,000 | 966,000,000 | 1,019,000,000 | 921,000,000 | 1,027,000,000 | 1,148,000,000 | 1,252,000,000 | 1,388,000,000 | 1,461,000,000 | 1,462,000,000 | 1,345,000,000 | 1,417,000,000 | 1,449,000,000 | 1,547,000,000 | 1,350,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
federal income tax recoverable | 297,000,000 | 434,000,000 | 503,000,000 | 315,000,000 | 294,000,000 | 274,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payables for securities purchased | 242,000,000 | 502,000,000 | 480,000,000 | 198,000,000 | 12,000,000 | 951,000,000 | 489,000,000 | 273,000,000 | 353,000,000 | 3,062,000,000 | 567,000,000 | 1,190,000,000 | 221,000,000 | 693,000,000 | 448,000,000 | 566,000,000 | 1,540,000,000 | 1,027,000,000 | 1,095,000,000 | 1,183,000,000 | 1,098,000,000 | 1,586,000,000 | 847,000,000 | 1,155,000,000 | 1,590,000,000 | 836,000,000 | 1,522,000,000 | 1,607,000,000 | 1,422,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reinsurance balances payable | 281,000,000 | 339,000,000 | 350,000,000 | 344,000,000 | 316,000,000 | 367,000,000 | 373,000,000 | 396,000,000 | 401,000,000 | 483,000,000 | 528,000,000 | 577,000,000 | 539,000,000 | 886,000,000 | 1,657,000,000 | 1,619,000,000 | 2,649,000,000 | 2,782,000,000 | 2,968,000,000 | 3,103,000,000 | 3,156,000,000 | 3,329,000,000 | 3,286,000,000 | 2,840,000,000 | 2,791,000,000 | 3,032,000,000 | 2,719,000,000 | 2,882,000,000 | 2,684,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
collateral on loaned securities and derivatives | 1,000,000 | 1,000,000 | 41,000,000 | 6,000,000 | 6,000,000 | 878,000,000 | 63,000,000 | 83,000,000 | 3,099,000,000 | 2,006,000,000 | 981,000,000 | 1,111,000,000 | 116,000,000 | 223,000,000 | 371,000,000 | 881,000,000 | 985,000,000 | 419,000,000 | 1,007,000,000 | 2,071,000,000 | 971,000,000 | 1,431,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total cnaf stockholders’ equity | 10,769,000,000 | 8,656,000,000 | 7,052,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
federal income taxes payable | 24,000,000 | 74,000,000 | 2,000,000 | 5,000,000 | 100,000,000 | 40,000,000 | 91,000,000 | 56,000,000 | 54,000,000 | 216,000,000 | 84,000,000 | 69,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest | 420,000,000 | 404,000,000 | 398,000,000 | 395,000,000 | 385,000,000 | 369,000,000 | 352,000,000 | 347,000,000 | 335,000,000 | 325,000,000 | 302,000,000 | 298,000,000 | 283,000,000 | 276,000,000 | 277,000,000 | 270,000,000 | 263,000,000 | 263,000,000 | 245,000,000 | 265,000,000 | 254,000,000 | 233,000,000 | 234,000,000 | 237,000,000 | 223,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ equity | 51,688,000,000 | 53,708,000,000 | 55,181,000,000 | 56,424,000,000 | 56,732,000,000 | 60,115,000,000 | 60,737,000,000 | 61,605,000,000 | 60,283,000,000 | 60,557,000,000 | 58,912,000,000 | 59,675,000,000 | 63,976,000,000 | 62,617,000,000 | 62,998,000,000 | 61,421,000,000 | 61,185,000,000 | 67,560,000,000 | 63,504,000,000 | 65,068,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables for securities sold | 668,000,000 | 655,000,000 | 470,000,000 | 303,000,000 | 899,000,000 | 226,000,000 | 759,000,000 | 635,000,000 | 1,238,000,000 | 780,000,000 | 634,000,000 | 1,119,000,000 | 1,124,000,000 | 836,000,000 | 1,222,000,000 | 521,000,000 | 1,671,000,000 | 455,000,000 | 776,000,000 | 880,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
federal income taxes recoverable | 21,000,000 | 212,000,000 | 23,000,000 | 126,000,000 | 86,000,000 | 506,000,000 | 607,000,000 | 719,000,000 | 179,000,000 | 47,000,000 | 509,000,000 | 770,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
collateral on loaned securities | 2,914,000,000 | 2,851,000,000 | 2,385,000,000 | 1,341,000,000 | 1,789,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series h issue | 750,000,000 | 750,000,000 | 750,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short term investments at cost, which approximates fair value | 8,460,000,000 | 5,621,000,000 | 8,277,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
claim and claim adjustment expense | 30,141,000,000 | 30,177,000,000 | 30,541,000,000 | 31,435,000,000 | 30,798,000,000 | 31,113,000,000 | 31,495,000,000 | 31,563,000,000 | 31,183,000,000 | 27,446,000,000 | 29,725,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments at cost, which approximates fair value | 7,153,000,000 | 5,300,000,000 | 7,525,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mortgage loans and real estate | 24,000,000 | 24,000,000 | 25,000,000 | 25,000,000 | 56,000,000 | 57,000,000 | 58,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments, at cost which approximates fair value | 4,142,000,000 | 3,853,000,000 | 6,127,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series i issue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
assets related to businesses held for sale | 200,000,000 | 6,291,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities related to businesses held for sale | 170,000,000 | 5,471,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
policy loans | 1,000,000 | 175,000,000 | 178,000,000 | 180,000,000 | 182,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturity securities available-for-sale, at fair value, | 28,678,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities available-for-sale, at fair value, | 527,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short term investments, at cost which approximates fair value | 7,538,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturity securities available-for-sale, at fair value | 27,971,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities available-for-sale, at fair value | 553,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments, cost approximates fair value | 5,354,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
december 31 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(a) see note t. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturity securities available-for-sale | 28,443,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities available-for-sale | 932,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 259,000,000 | 145,000,000 | 94,000,000 | 121,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reinsurance | 13,656,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance | 3,546,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less allowance for doubtful accounts | -371,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangibles | 183,000,000 | 247,000,000 | 247,000,000 | 298,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt | 2,549,000,000 | 2,567,000,000 | 2,567,000,000 | 2,084,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
the accompanying notes are an integral part of these condensed consolidated financial statements (unaudited). | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivable for securities sold | 1,236,000,000 | 722,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
assets: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ equity: |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 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 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-09-30 | 2017-06-30 | 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 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 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 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-06-30 | 2008-03-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-12-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 | 2003-12-31 | 2003-09-30 | 2003-06-30 | 2003-03-31 | 2002-12-31 | 2002-09-30 | 2002-06-30 | 2002-03-31 |
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cash flows from operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 211,000,000 | 302,000,000 | 403,000,000 | 299,000,000 | 274,000,000 | 21,000,000 | 283,000,000 | 317,000,000 | 338,000,000 | 367,000,000 | 258,000,000 | 283,000,000 | 297,000,000 | 248,000,000 | 128,000,000 | 205,000,000 | 313,000,000 | 266,000,000 | 256,000,000 | 368,000,000 | 312,000,000 | 387,000,000 | 213,000,000 | 151,000,000 | -61,000,000 | 107,000,000 | 278,000,000 | 342,000,000 | 336,000,000 | 466,000,000 | 66,000,000 | -70,000,000 | 178,000,000 | 138,000,000 | 233,000,000 | 198,000,000 | 213,000,000 | 267,000,000 | 13,000,000 | 221,000,000 | 272,000,000 | 194,000,000 | 250,000,000 | -9,000,000 | 221,000,000 | 166,000,000 | 250,000,000 | 191,000,000 | 75,000,000 | 132,000,000 | 232,000,000 | 326,000,000 | -125,000,000 | 302,000,000 | 255,000,000 | 270,000,000 | 277,000,000 | 119,000,000 | -185,000,000 | 181,000,000 | 187,000,000 | 174,000,000 | 217,000,000 | 296,000,000 | 311,000,000 | 239,000,000 | 229,000,000 | -205,000,000 | 3,000,000 | 288,000,000 | 178,000,000 | 305,000,000 | -28,000,000 | 289,000,000 | -125,000,000 | 174,000,000 | -1,760,000,000 | 70,000,000 | 83,000,000 | 45,000,000 | -3,000,000 | 35,000,000 | 78,000,000 |
adjustments to reconcile net income to net cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax expense | 32,000,000 | -16,000,000 | 63,000,000 | 1,000,000 | 27,000,000 | 11,000,000 | -8,000,000 | 39,000,000 | -10,000,000 | -9,000,000 | 0 | 21,000,000 | -16,000,000 | -8,000,000 | -27,000,000 | 17,000,000 | 1,000,000 | 19,000,000 | -3,000,000 | 30,000,000 | -7,000,000 | 32,000,000 | 22,000,000 | 67,000,000 | 55,000,000 | -5,000,000 | -39,000,000 | 71,000,000 | -78,000,000 | 33,000,000 | 23,000,000 | 25,000,000 | -64,000,000 | 19,000,000 | 23,000,000 | 99,000,000 | 52,000,000 | 14,000,000 | 8,000,000 | 73,000,000 | 39,000,000 | 55,000,000 | 8,000,000 | 90,000,000 | 164,000,000 | 81,000,000 | 37,000,000 | 45,000,000 | |||||||||||||||||||||||||||||||||||
trading portfolio activity | -3,000,000 | -9,000,000 | -2,000,000 | 5,000,000 | 2,000,000 | -2,000,000 | 14,000,000 | -13,000,000 | 11,000,000 | -12,000,000 | 7,000,000 | -6,000,000 | 27,000,000 | -8,000,000 | -7,000,000 | -13,000,000 | 8,000,000 | 7,000,000 | -5,000,000 | 7,000,000 | -3,000,000 | 15,000,000 | -8,000,000 | -3,000,000 | 0 | 16,000,000 | -12,000,000 | 13,000,000 | 0 | -1,000,000 | -4,000,000 | 21,000,000 | -12,000,000 | 9,000,000 | 41,000,000 | -48,000,000 | -10,000,000 | 31,000,000 | -38,000,000 | -6,000,000 | 9,000,000 | 1,000,000 | -15,000,000 | 6,000,000 | 28,000,000 | -28,000,000 | 54,000,000 | 99,000,000 | 457,000,000 | -479,000,000 | -139,000,000 | -3,000,000 | |||||||||||||||||||||||||||||||
net investment losses | 18,000,000 | 19,000,000 | 7,000,000 | 46,000,000 | 9,000,000 | 39,000,000 | 10,000,000 | 10,000,000 | 22,000,000 | -6,000,000 | 38,000,000 | 32,000,000 | 35,000,000 | 33,000,000 | 96,000,000 | 59,000,000 | 11,000,000 | -3,000,000 | -22,000,000 | -38,000,000 | -57,000,000 | -66,000,000 | -27,000,000 | -69,000,000 | 216,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity method investees | 30,000,000 | 3,000,000 | -19,000,000 | -19,000,000 | 1,000,000 | -8,000,000 | -21,000,000 | -47,000,000 | -25,000,000 | -45,000,000 | 66,000,000 | -35,000,000 | 6,000,000 | 15,000,000 | 51,000,000 | 32,000,000 | 152,000,000 | -21,000,000 | -27,000,000 | -93,000,000 | 14,000,000 | -20,000,000 | -56,000,000 | -30,000,000 | 98,000,000 | 9,000,000 | 25,000,000 | 14,000,000 | 151,000,000 | -220,000,000 | 262,000,000 | 68,000,000 | 175,000,000 | 43,000,000 | -91,000,000 | 18,000,000 | -10,000,000 | -57,000,000 | 132,000,000 | -93,000,000 | -79,000,000 | -60,000,000 | -91,000,000 | -21,000,000 | -60,000,000 | 61,000,000 | -69,000,000 | 17,000,000 | 188,000,000 | -4,000,000 | -104,000,000 | -111,000,000 | -39,000,000 | 1,000,000 | 13,000,000 | ||||||||||||||||||||||||||||
net amortization of investments | -57,000,000 | -59,000,000 | -53,000,000 | -47,000,000 | -49,000,000 | -47,000,000 | -48,000,000 | -48,000,000 | -57,000,000 | -51,000,000 | -53,000,000 | -41,000,000 | -46,000,000 | -40,000,000 | -33,000,000 | -30,000,000 | -26,000,000 | -23,000,000 | -17,000,000 | -17,000,000 | -24,000,000 | -16,000,000 | -19,000,000 | -17,000,000 | -15,000,000 | -17,000,000 | -22,000,000 | -25,000,000 | -18,000,000 | -17,000,000 | -4,000,000 | 34,000,000 | -4,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 20,000,000 | 17,000,000 | 18,000,000 | 18,000,000 | 17,000,000 | 16,000,000 | 17,000,000 | 18,000,000 | 16,000,000 | 29,000,000 | 16,000,000 | 16,000,000 | 12,000,000 | 13,000,000 | 13,000,000 | 12,000,000 | 13,000,000 | 13,000,000 | 14,000,000 | 13,000,000 | 14,000,000 | 14,000,000 | 15,000,000 | 15,000,000 | 16,000,000 | 16,000,000 | 17,000,000 | 19,000,000 | 18,000,000 | 22,000,000 | 21,000,000 | 22,000,000 | 23,000,000 | 20,000,000 | 19,000,000 | 21,000,000 | 20,000,000 | 22,000,000 | 20,000,000 | 21,000,000 | 22,000,000 | 25,000,000 | 33,000,000 | 42,000,000 | |||||||||||||||||||||||||||||||||||||||
changes in: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables | -3,000,000 | -5,000,000 | 351,000,000 | -448,000,000 | -221,000,000 | -494,000,000 | 222,000,000 | -464,000,000 | -162,000,000 | -161,000,000 | 413,000,000 | -473,000,000 | -24,000,000 | 164,000,000 | 224,000,000 | -609,000,000 | -5,000,000 | -282,000,000 | 11,000,000 | -387,000,000 | -700,000,000 | -138,000,000 | 315,000,000 | -357,000,000 | -229,000,000 | 342,000,000 | -179,000,000 | 44,000,000 | 540,000,000 | 122,000,000 | -317,000,000 | 12,000,000 | 281,000,000 | -54,000,000 | -157,000,000 | 120,000,000 | 605,000,000 | -120,000,000 | 126,000,000 | -272,000,000 | 399,000,000 | -63,000,000 | -20,000,000 | -299,000,000 | 278,000,000 | 17,000,000 | 53,000,000 | 753,000,000 | 128,000,000 | 68,000,000 | 71,000,000 | 303,000,000 | -1,023,000,000 | 50,000,000 | 264,000,000 | 127,000,000 | 463,000,000 | 163,000,000 | 223,000,000 | 243,000,000 | 158,000,000 | 165,000,000 | 401,000,000 | 43,000,000 | 1,275,000,000 | -11,000,000 | 279,000,000 | 2,350,000,000 | 63,000,000 | 982,000,000 | 316,000,000 | 32,000,000 | 480,000,000 | -1,148,000,000 | 197,000,000 | ||||||||
accrued investment income | -8,000,000 | 0 | -19,000,000 | 7,000,000 | -14,000,000 | 7,000,000 | -5,000,000 | -6,000,000 | -4,000,000 | -2,000,000 | -18,000,000 | -8,000,000 | -13,000,000 | 8,000,000 | -31,000,000 | 16,000,000 | -22,000,000 | 20,000,000 | -14,000,000 | 16,000,000 | -19,000,000 | 22,000,000 | -17,000,000 | 19,000,000 | -8,000,000 | -11,000,000 | 8,000,000 | -15,000,000 | -10,000,000 | 23,000,000 | -22,000,000 | 33,000,000 | -42,000,000 | 33,000,000 | -25,000,000 | -34,000,000 | 33,000,000 | -36,000,000 | 39,000,000 | -36,000,000 | 30,000,000 | -42,000,000 | 50,000,000 | -36,000,000 | 32,000,000 | -42,000,000 | 25,000,000 | -31,000,000 | 33,000,000 | -44,000,000 | 36,000,000 | -42,000,000 | 32,000,000 | -41,000,000 | 13,000,000 | -46,000,000 | 4,000,000 | -31,000,000 | 34,000,000 | -28,000,000 | -13,000,000 | -5,000,000 | -8,000,000 | -30,000,000 | -17,000,000 | 33,000,000 | 5,000,000 | -26,000,000 | 18,000,000 | -12,000,000 | 44,000,000 | -24,000,000 | -2,000,000 | -30,000,000 | |||||||||
deferred acquisition costs | -24,000,000 | -1,000,000 | 33,000,000 | -12,000,000 | -37,000,000 | -24,000,000 | 10,000,000 | -21,000,000 | -34,000,000 | -11,000,000 | 0 | -29,000,000 | -45,000,000 | -13,000,000 | -3,000,000 | -32,000,000 | -31,000,000 | -15,000,000 | -3,000,000 | 20,000,000 | -32,000,000 | -7,000,000 | 5,000,000 | -14,000,000 | -27,000,000 | 10,000,000 | -17,000,000 | -30,000,000 | 19,000,000 | -18,000,000 | -23,000,000 | 300,000,000 | 19,000,000 | 5,000,000 | -13,000,000 | 30,000,000 | 24,000,000 | 11,000,000 | -21,000,000 | 25,000,000 | 20,000,000 | -3,000,000 | -40,000,000 | 11,000,000 | -10,000,000 | -2,000,000 | -15,000,000 | 19,000,000 | -1,000,000 | -8,000,000 | -19,000,000 | 17,000,000 | -1,000,000 | 14,000,000 | -1,000,000 | 30,000,000 | 7,000,000 | -13,000,000 | -7,000,000 | -9,000,000 | 3,000,000 | 8,000,000 | -8,000,000 | 1,000,000 | -9,000,000 | -13,000,000 | -1,000,000 | 37,000,000 | 14,000,000 | 6,000,000 | 14,000,000 | 44,000,000 | 32,000,000 | 108,000,000 | 10,000,000 | ||||||||
insurance reserves | 446,000,000 | 148,000,000 | 108,000,000 | 758,000,000 | 656,000,000 | 806,000,000 | 304,000,000 | 812,000,000 | 443,000,000 | 483,000,000 | 19,000,000 | 733,000,000 | 432,000,000 | 48,000,000 | 367,000,000 | 887,000,000 | 489,000,000 | 572,000,000 | 518,000,000 | 768,000,000 | 605,000,000 | 202,000,000 | 298,000,000 | 671,000,000 | 510,000,000 | 134,000,000 | 146,000,000 | 57,000,000 | -455,000,000 | -249,000,000 | 511,000,000 | 46,000,000 | -256,000,000 | 147,000,000 | 304,000,000 | -141,000,000 | -456,000,000 | 149,000,000 | 85,000,000 | 98,000,000 | -364,000,000 | 119,000,000 | 79,000,000 | 483,000,000 | -174,000,000 | 22,000,000 | 99,000,000 | -232,000,000 | -98,000,000 | 48,000,000 | 45,000,000 | -242,000,000 | -126,000,000 | -302,000,000 | -135,000,000 | -124,000,000 | -243,000,000 | -106,000,000 | -139,000,000 | -107,000,000 | -41,000,000 | -186,000,000 | -118,000,000 | 32,000,000 | 55,000,000 | -189,000,000 | -181,000,000 | -837,000,000 | 612,000,000 | -251,000,000 | -467,000,000 | 168,000,000 | -207,000,000 | 1,170,000,000 | -365,000,000 | ||||||||
other | -272,000,000 | 148,000,000 | -169,000,000 | -32,000,000 | -23,000,000 | 473,000,000 | -40,000,000 | 59,000,000 | -72,000,000 | -75,000,000 | 100,000,000 | 9,000,000 | -226,000,000 | 41,000,000 | -55,000,000 | 88,000,000 | -266,000,000 | 108,000,000 | -60,000,000 | -71,000,000 | -53,000,000 | 4,000,000 | 52,000,000 | 57,000,000 | -258,000,000 | -15,000,000 | -47,000,000 | -117,000,000 | 21,000,000 | 21,000,000 | 9,000,000 | -94,000,000 | 10,000,000 | 63,000,000 | 19,000,000 | 86,000,000 | 40,000,000 | -75,000,000 | 3,000,000 | -7,000,000 | 13,000,000 | 6,000,000 | 3,000,000 | 4,000,000 | 1,000,000 | 0 | 1,000,000 | 8,000,000 | 1,000,000 | 2,000,000 | 1,000,000 | 5,000,000 | -3,000,000 | -1,000,000 | 1,000,000 | -3,000,000 | 6,000,000 | -37,000,000 | -53,000,000 | 6,000,000 | -125,000,000 | 132,000,000 | 20,000,000 | -11,000,000 | 110,000,000 | -251,000,000 | 36,000,000 | -107,000,000 | 125,000,000 | 18,000,000 | -151,000,000 | 30,000,000 | 13,000,000 | 19,000,000 | -14,000,000 | 198,000,000 | -188,000,000 | -15,000,000 | -7,000,000 | ||||
net cash flows from operating activities | 393,000,000 | 570,000,000 | 720,000,000 | 562,000,000 | 638,000,000 | 703,000,000 | 748,000,000 | 616,000,000 | 504,000,000 | 520,000,000 | 828,000,000 | 501,000,000 | 436,000,000 | 512,000,000 | 737,000,000 | 608,000,000 | 645,000,000 | 643,000,000 | 669,000,000 | 603,000,000 | 82,000,000 | 367,000,000 | 758,000,000 | 438,000,000 | 212,000,000 | 466,000,000 | 227,000,000 | 287,000,000 | 514,000,000 | 334,000,000 | 342,000,000 | 505,000,000 | 446,000,000 | 94,000,000 | 393,000,000 | 460,000,000 | 419,000,000 | 168,000,000 | 352,000,000 | 378,000,000 | 191,000,000 | 190,000,000 | 720,000,000 | 124,000,000 | 348,000,000 | 576,000,000 | 646,000,000 | 37,000,000 | 1,367,000,000 | ||||||||||||||||||||||||||||||||||
cash flows from investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dispositions: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturity securities - sales | 364,000,000 | 514,000,000 | 935,000,000 | 854,000,000 | 643,000,000 | 458,000,000 | 724,000,000 | 875,000,000 | 736,000,000 | 745,000,000 | 999,000,000 | 871,000,000 | 1,414,000,000 | 1,024,000,000 | 1,592,000,000 | 2,490,000,000 | 803,000,000 | 1,306,000,000 | 664,000,000 | 939,000,000 | 907,000,000 | 881,000,000 | 1,250,000,000 | 2,950,000,000 | 823,000,000 | 1,014,000,000 | 1,599,000,000 | 2,259,000,000 | 1,841,000,000 | 1,420,000,000 | 1,722,000,000 | 800,000,000 | 731,000,000 | 1,715,000,000 | 1,144,000,000 | 909,000,000 | 1,086,000,000 | 1,369,000,000 | 1,550,000,000 | 2,039,000,000 | 1,687,000,000 | 1,734,000,000 | 1,409,000,000 | ||||||||||||||||||||||||||||||||||||||||
fixed maturity securities - maturities, calls and redemptions | 813,000,000 | 790,000,000 | 954,000,000 | 799,000,000 | 814,000,000 | 641,000,000 | 646,000,000 | 602,000,000 | 507,000,000 | 374,000,000 | 347,000,000 | 296,000,000 | 317,000,000 | 263,000,000 | 380,000,000 | 799,000,000 | 916,000,000 | 1,104,000,000 | 1,256,000,000 | 1,020,000,000 | 1,084,000,000 | 1,054,000,000 | 1,084,000,000 | 823,000,000 | 799,000,000 | 742,000,000 | 798,000,000 | 576,000,000 | 532,000,000 | 1,280,000,000 | 490,000,000 | 994,000,000 | 797,000,000 | 1,160,000,000 | 1,144,000,000 | 1,082,000,000 | 947,000,000 | 1,103,000,000 | 851,000,000 | 775,000,000 | 676,000,000 | 954,000,000 | 866,000,000 | ||||||||||||||||||||||||||||||||||||||||
equity securities | 136,000,000 | 109,000,000 | 135,000,000 | 157,000,000 | 104,000,000 | 135,000,000 | 100,000,000 | 102,000,000 | 186,000,000 | 125,000,000 | 71,000,000 | 59,000,000 | 62,000,000 | 279,000,000 | 37,000,000 | 116,000,000 | 77,000,000 | 79,000,000 | 44,000,000 | 74,000,000 | 119,000,000 | 80,000,000 | 45,000,000 | 132,000,000 | 98,000,000 | 54,000,000 | 53,000,000 | 64,000,000 | 44,000,000 | 18,000,000 | 4,000,000 | 14,000,000 | 10,000,000 | 31,000,000 | 2,000,000 | 8,000,000 | 9,000,000 | 3,000,000 | 11,000,000 | 21,000,000 | 22,000,000 | 9,000,000 | 51,000,000 | 0 | 0 | 4,000,000 | |||||||||||||||||||||||||||||||||||||
limited partnerships | 33,000,000 | 14,000,000 | 38,000,000 | 26,000,000 | 25,000,000 | 52,000,000 | 16,000,000 | 17,000,000 | 12,000,000 | 26,000,000 | 59,000,000 | 51,000,000 | 28,000,000 | 14,000,000 | 23,000,000 | 21,000,000 | 80,000,000 | 68,000,000 | 54,000,000 | 75,000,000 | 49,000,000 | 92,000,000 | 24,000,000 | 53,000,000 | 204,000,000 | 120,000,000 | 111,000,000 | 186,000,000 | 211,000,000 | 11,000,000 | 89,000,000 | 18,000,000 | 71,000,000 | 65,000,000 | 20,000,000 | 34,000,000 | 15,000,000 | 50,000,000 | 68,000,000 | 17,000,000 | 14,000,000 | 19,000,000 | 58,000,000 | -14,000,000 | 49,000,000 | 419,000,000 | |||||||||||||||||||||||||||||||||||||
mortgage loans | 35,000,000 | 53,000,000 | 32,000,000 | 29,000,000 | 8,000,000 | 30,000,000 | 14,000,000 | 43,000,000 | 18,000,000 | 12,000,000 | 32,000,000 | 39,000,000 | 39,000,000 | 24,000,000 | 25,000,000 | 21,000,000 | 55,000,000 | 100,000,000 | 21,000,000 | 27,000,000 | 42,000,000 | 33,000,000 | 16,000,000 | 10,000,000 | 15,000,000 | 39,000,000 | 35,000,000 | 35,000,000 | 15,000,000 | -5,000,000 | 22,000,000 | 4,000,000 | 3,000,000 | 16,000,000 | 3,000,000 | 21,000,000 | 3,000,000 | 20,000,000 | 13,000,000 | 2,000,000 | 2,000,000 | 17,000,000 | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||
purchases: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturity securities | -1,502,000,000 | -1,066,000,000 | -2,296,000,000 | -1,981,000,000 | -1,775,000,000 | -1,388,000,000 | -1,678,000,000 | -1,717,000,000 | -1,621,000,000 | -1,157,000,000 | -1,953,000,000 | -1,248,000,000 | -2,258,000,000 | -1,053,000,000 | -2,517,000,000 | -3,704,000,000 | -2,547,000,000 | -2,180,000,000 | -2,512,000,000 | -2,412,000,000 | -2,203,000,000 | -1,803,000,000 | -3,110,000,000 | -3,538,000,000 | -1,818,000,000 | -2,157,000,000 | -2,449,000,000 | -2,447,000,000 | -2,636,000,000 | -2,602,000,000 | -2,238,000,000 | -1,620,000,000 | -2,026,000,000 | -3,110,000,000 | -1,919,000,000 | -1,908,000,000 | -2,536,000,000 | -2,849,000,000 | -2,072,000,000 | -2,992,000,000 | -2,549,000,000 | -2,936,000,000 | -2,720,000,000 | ||||||||||||||||||||||||||||||||||||||||
change in other investments | -4,000,000 | -7,000,000 | -9,000,000 | 14,000,000 | -10,000,000 | -9,000,000 | -7,000,000 | 7,000,000 | -2,000,000 | -8,000,000 | 0 | 8,000,000 | -2,000,000 | -1,000,000 | -6,000,000 | 18,000,000 | -3,000,000 | -9,000,000 | -3,000,000 | 8,000,000 | -2,000,000 | -4,000,000 | -2,000,000 | 4,000,000 | -6,000,000 | -4,000,000 | 2,000,000 | -6,000,000 | -4,000,000 | -1,000,000 | -3,000,000 | 1,000,000 | 7,000,000 | 5,000,000 | 0 | -3,000,000 | 3,000,000 | -13,000,000 | 22,000,000 | 3,000,000 | 10,000,000 | -4,000,000 | -6,000,000 | -88,000,000 | -43,000,000 | -36,000,000 | -28,000,000 | -148,000,000 | -51,000,000 | 39,000,000 | -1,000,000 | 47,000,000 | 55,000,000 | -28,000,000 | -125,000,000 | -6,000,000 | -52,000,000 | -37,000,000 | -44,000,000 | -9,000,000 | -86,000,000 | 69,000,000 | -19,000,000 | 41,000,000 | -5,000,000 | 179,000,000 | -142,000,000 | 56,000,000 | 7,000,000 | 189,000,000 | 114,000,000 | -7,000,000 | 4,000,000 | 313,000,000 | -83,000,000 | -30,000,000 | -33,000,000 | ||||||
change in short-term investments | 848,000,000 | -57,000,000 | -516,000,000 | -114,000,000 | 536,000,000 | -182,000,000 | -132,000,000 | 269,000,000 | 192,000,000 | 2,788,000,000 | -1,787,000,000 | 2,254,000,000 | -1,628,000,000 | -252,000,000 | 2,121,000,000 | 1,820,000,000 | -1,705,000,000 | 54,000,000 | 1,668,000,000 | -1,077,000,000 | -849,000,000 | 532,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment | -13,000,000 | -28,000,000 | -16,000,000 | -24,000,000 | -18,000,000 | -38,000,000 | -18,000,000 | -19,000,000 | -20,000,000 | -23,000,000 | -24,000,000 | -23,000,000 | -20,000,000 | -11,000,000 | -16,000,000 | -13,000,000 | -12,000,000 | -10,000,000 | -11,000,000 | -2,000,000 | -3,000,000 | -7,000,000 | -6,000,000 | -7,000,000 | -3,000,000 | -6,000,000 | -6,000,000 | -8,000,000 | -11,000,000 | -35,000,000 | -33,000,000 | -41,000,000 | -27,000,000 | -37,000,000 | -20,000,000 | -29,000,000 | -15,000,000 | -17,000,000 | -10,000,000 | -24,000,000 | -25,000,000 | -21,000,000 | -21,000,000 | -34,000,000 | -18,000,000 | -20,000,000 | -22,000,000 | -17,000,000 | -43,000,000 | -13,000,000 | -11,000,000 | -15,000,000 | -15,000,000 | -11,000,000 | -12,000,000 | -17,000,000 | -13,000,000 | -16,000,000 | -17,000,000 | -32,000,000 | -32,000,000 | -31,000,000 | -53,000,000 | -34,000,000 | -29,000,000 | -42,000,000 | -16,000,000 | -17,000,000 | -11,000,000 | -1,000,000 | -16,000,000 | -9,000,000 | -8,000,000 | -13,000,000 | -11,000,000 | 3,000,000 | -14,000,000 | -23,000,000 | -31,000,000 | -27,000,000 | -25,000,000 | -11,000,000 | -25,000,000 |
net cash flows from investing activities | 444,000,000 | 408,000,000 | -612,000,000 | 1,087,000,000 | -56,000,000 | 289,000,000 | 132,000,000 | 35,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid to common stockholders | -682,000,000 | -125,000,000 | -124,000,000 | -125,000,000 | -673,000,000 | -119,000,000 | -120,000,000 | -119,000,000 | -667,000,000 | -114,000,000 | -114,000,000 | -114,000,000 | -445,000,000 | -108,000,000 | -109,000,000 | -108,000,000 | -657,000,000 | -103,000,000 | -104,000,000 | -104,000,000 | -310,000,000 | -100,000,000 | -100,000,000 | -101,000,000 | -649,000,000 | -96,000,000 | -95,000,000 | -643,000,000 | -95,000,000 | -67,000,000 | -609,000,000 | -67,000,000 | -68,000,000 | -68,000,000 | -608,000,000 | -68,000,000 | -67,000,000 | -68,000,000 | -338,000,000 | -54,000,000 | -54,000,000 | -53,000,000 | -55,000,000 | -40,000,000 | -41,000,000 | -40,000,000 | -41,000,000 | -27,000,000 | -27,000,000 | -27,000,000 | -27,000,000 | ||||||||||||||||||||||||||||||||
purchase of treasury stock | -36,000,000 | 0 | 0 | 0 | -34,000,000 | 0 | 0 | 0 | 0 | 0 | -24,000,000 | 0 | -18,000,000 | 0 | -21,000,000 | 0 | 0 | -15,000,000 | -3,000,000 | 0 | 0 | 0 | -18,000,000 | -2,000,000 | -2,000,000 | -14,000,000 | 0 | -70,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows used by financing activities | -736,000,000 | -626,000,000 | 369,000,000 | -125,000,000 | -722,000,000 | -119,000,000 | -120,000,000 | -689,000,000 | -189,000,000 | -359,000,000 | -18,000,000 | 280,000,000 | -480,000,000 | -108,000,000 | -138,000,000 | -98,000,000 | -688,000,000 | -103,000,000 | -104,000,000 | -120,000,000 | -321,000,000 | -101,000,000 | -25,000,000 | -101,000,000 | -675,000,000 | -99,000,000 | -123,000,000 | -665,000,000 | -134,000,000 | -208,000,000 | -469,000,000 | -73,000,000 | -71,000,000 | -56,000,000 | 2,000,000 | -1,000,000 | -11,000,000 | -12,000,000 | -137,000,000 | -5,000,000 | |||||||||||||||||||||||||||||||||||||||||||
effect of foreign exchange rate changes on cash | -4,000,000 | 1,000,000 | -4,000,000 | 12,000,000 | 7,000,000 | -13,000,000 | 6,000,000 | -1,000,000 | -2,000,000 | 3,000,000 | 1,000,000 | 8,000,000 | -15,000,000 | -9,000,000 | -3,000,000 | 2,000,000 | -7,000,000 | 4,000,000 | -9,000,000 | -5,000,000 | 0 | 2,000,000 | 1,000,000 | 6,000,000 | -1,000,000 | -5,000,000 | -4,000,000 | 4,000,000 | -6,000,000 | -5,000,000 | -5,000,000 | 1,000,000 | 1,000,000 | 0 | 3,000,000 | 1,000,000 | -7,000,000 | 1,000,000 | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
net change in cash | 97,000,000 | -58,000,000 | 110,000,000 | -110,000,000 | 11,000,000 | 16,000,000 | 81,000,000 | -34,000,000 | 64,000,000 | -140,000,000 | 127,000,000 | -125,000,000 | 8,000,000 | -28,000,000 | -57,000,000 | 199,000,000 | -175,000,000 | -89,000,000 | 163,000,000 | -126,000,000 | 169,000,000 | -23,000,000 | -144,000,000 | -271,000,000 | 615,000,000 | 69,000,000 | 48,000,000 | -87,000,000 | 22,000,000 | 99,000,000 | -145,000,000 | 151,000,000 | 91,000,000 | -56,000,000 | 11,000,000 | -57,000,000 | 43,000,000 | -2,000,000 | 11,000,000 | 10,000,000 | 64,000,000 | -2,000,000 | -33,000,000 | 27,000,000 | 29,000,000 | 41,000,000 | -16,000,000 | -9,000,000 | 0 | 3,000,000 | 4,000,000 | -5,000,000 | 10,000,000 | -23,000,000 | -45,000,000 | 12,000,000 | 30,000,000 | 4,000,000 | 9,000,000 | -54,000,000 | 40,000,000 | 5,000,000 | -32,000,000 | -10,000,000 | 4,000,000 | 31,000,000 | -24,000,000 | 25,000,000 | 16,000,000 | -23,000,000 | -2,000,000 | -32,000,000 | 22,000,000 | -58,000,000 | |||||||||
cash, beginning of year | 425,000,000 | 0 | 0 | 0 | 472,000,000 | 0 | 0 | 0 | 345,000,000 | 0 | 0 | 0 | 475,000,000 | 0 | 0 | 0 | 536,000,000 | 0 | 0 | 0 | 419,000,000 | 0 | 0 | 0 | 242,000,000 | 0 | 0 | 310,000,000 | 0 | -116,000,000 | 387,000,000 | 0 | 0 | 0 | 190,000,000 | 0 | 0 | 0 | 195,000,000 | 0 | 0 | 0 | 156,000,000 | 0 | 0 | 0 | 75,000,000 | 0 | 0 | 0 | 77,000,000 | 0 | 0 | 0 | 140,000,000 | 0 | 0 | 0 | 85,000,000 | 0 | 101,000,000 | 0 | 0 | 124,000,000 | 0 | 0 | 125,000,000 | ||||||||||||||||
cash, end of period | 522,000,000 | 110,000,000 | -110,000,000 | 483,000,000 | 81,000,000 | -34,000,000 | 409,000,000 | 127,000,000 | -125,000,000 | 483,000,000 | -28,000,000 | -57,000,000 | 199,000,000 | 361,000,000 | -89,000,000 | 163,000,000 | -126,000,000 | 588,000,000 | -23,000,000 | -144,000,000 | -271,000,000 | 857,000,000 | 69,000,000 | 48,000,000 | 223,000,000 | 22,000,000 | -17,000,000 | 242,000,000 | 91,000,000 | -56,000,000 | 201,000,000 | 43,000,000 | -2,000,000 | 206,000,000 | 64,000,000 | -2,000,000 | 123,000,000 | 29,000,000 | 41,000,000 | 59,000,000 | 0 | 3,000,000 | 81,000,000 | 10,000,000 | -23,000,000 | 95,000,000 | 30,000,000 | 4,000,000 | 94,000,000 | -54,000,000 | 141,000,000 | 5,000,000 | -32,000,000 | 114,000,000 | 4,000,000 | 31,000,000 | 101,000,000 | 16,000,000 | -23,000,000 | 93,000,000 | -32,000,000 | 22,000,000 | 81,000,000 | ||||||||||||||||||||
disposals of property and equipment | 107,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows used by investing activities | -3,000,000 | -975,000,000 | -555,000,000 | -553,000,000 | -306,000,000 | -679,000,000 | -440,000,000 | -641,000,000 | -631,000,000 | -298,000,000 | -118,000,000 | 169,000,000 | -353,000,000 | -380,000,000 | -354,000,000 | -218,000,000 | -310,000,000 | -161,000,000 | -176,000,000 | -249,000,000 | -115,000,000 | -870,000,000 | -863,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the issuance of debt | 0 | 0 | 0 | 0 | 490,000,000 | 0 | 96,000,000 | 0 | 0 | 498,000,000 | 0 | 0 | 0 | 546,000,000 | 0 | 0 | 0 | 396,000,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of debt | 0 | 0 | 0 | 0 | -30,000,000 | -358,000,000 | 0 | 0 | -31,000,000 | -11,000,000 | 0 | -409,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, end of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows provided (used) by investing activities | 88,000,000 | 51,000,000 | -439,000,000 | 526,000,000 | -101,000,000 | -441,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax (benefit) expense | 4,000,000 | -37,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
years ended december 31 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance, beginning of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance, end of year | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
additional paid-in capital | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock-based compensation | -8,000,000 | 2,000,000 | -3,000,000 | 25,000,000 | -16,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
retained earnings | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance, beginning of year, as previously reported | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cumulative effect adjustments from changes in accounting guidance, net of tax | -5,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance, beginning of year, as adjusted | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends to common stockholders | -672,000,000 | -852,000,000 | 2,000,000 | 546,000,000 | -648,000,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive income | 495,000,000 | -967,000,000 | 2,345,000,000 | -1,121,000,000 | -425,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders' equity | 1,330,000,000 | 686,000,000 | 376,000,000 | 1,283,000,000 | 10,362,000,000 | 36,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows (used) provided by investing activities | -249,000,000 | -129,000,000 | -9,000,000 | -852,000,000 | -226,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in short term investments | -37,000,000 | -743,000,000 | 681,000,000 | -748,000,000 | 35,000,000 | 181,000,000 | 687,000,000 | -838,000,000 | 313,000,000 | -131,000,000 | 573,000,000 | -442,000,000 | -6,000,000 | -858,000,000 | 1,267,000,000 | 31,000,000 | -34,000,000 | -177,000,000 | 23,000,000 | 65,000,000 | 16,000,000 | -188,000,000 | 189,000,000 | -157,000,000 | 190,000,000 | 168,000,000 | 122,000,000 | 10,000,000 | -688,000,000 | 68,000,000 | 64,000,000 | 29,000,000 | 264,000,000 | 498,000,000 | -382,000,000 | -115,000,000 | -8,000,000 | 67,000,000 | -15,000,000 | -34,000,000 | 548,000,000 | -123,000,000 | 963,000,000 | -685,000,000 | 1,474,000,000 | 133,000,000 | 435,000,000 | 146,000,000 | -1,041,000,000 | 266,000,000 | -696,000,000 | 252,000,000 | 845,000,000 | -2,060,000,000 | -3,044,000,000 | 2,677,000,000 | -4,014,000,000 | ||||||||||||||||||||||||||
periods ended september 30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance, beginning of period | 0 | 0 | 683,000,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance, end of period | 0 | 0 | 683,000,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance, beginning of period, as previously reported | 49,000,000 | -714,000,000 | 9,348,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
balance, beginning of period, as adjusted | 49,000,000 | -709,000,000 | 9,343,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive loss | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax benefit | -8,000,000 | 80,000,000 | -139,000,000 | -23,000,000 | -21,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
periods ended june 30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
three months ended march 31 | 2,009,000,000 | 2,008,000,000 | 2,007,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net investment gains | -7,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net investment | -31,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized investment gains | -14,000,000 | 0 | -10,000,000 | 12,000,000 | -38,000,000 | 13,000,000 | -47,000,000 | -4,000,000 | 14,000,000 | -28,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets | -15,000,000 | -29,000,000 | -89,000,000 | -18,000,000 | -1,000,000 | -26,000,000 | -34,000,000 | 1,000,000 | 1,000,000 | -15,000,000 | -35,000,000 | 35,000,000 | 7,000,000 | -49,000,000 | -20,000,000 | 54,000,000 | 47,000,000 | -30,000,000 | 73,000,000 | 65,000,000 | 73,000,000 | 41,000,000 | -4,000,000 | -26,000,000 | 128,000,000 | 47,000,000 | -7,000,000 | 119,000,000 | -154,000,000 | 80,000,000 | 8,000,000 | 0 | -23,000,000 | 10,000,000 | 23,000,000 | -2,000,000 | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
other liabilities | -96,000,000 | 123,000,000 | -168,000,000 | 158,000,000 | 62,000,000 | 141,000,000 | -235,000,000 | 85,000,000 | 68,000,000 | 171,000,000 | -372,000,000 | 292,000,000 | 99,000,000 | 118,000,000 | 16,000,000 | -96,000,000 | 35,000,000 | 79,000,000 | -67,000,000 | -6,000,000 | -28,000,000 | 2,000,000 | -155,000,000 | 64,000,000 | 41,000,000 | 22,000,000 | -74,000,000 | 38,000,000 | -18,000,000 | -34,000,000 | -125,000,000 | -59,000,000 | -131,000,000 | 18,000,000 | 43,000,000 | -178,000,000 | -12,000,000 | 18,000,000 | 47,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
total adjustments | 178,000,000 | -285,000,000 | 268,000,000 | 412,000,000 | 327,000,000 | 308,000,000 | -139,000,000 | 195,000,000 | 247,000,000 | 152,000,000 | 155,000,000 | 62,000,000 | 80,000,000 | 184,000,000 | -59,000,000 | 266,000,000 | 154,000,000 | 140,000,000 | 62,000,000 | 698,000,000 | 326,000,000 | 168,000,000 | -118,000,000 | 259,000,000 | -1,054,000,000 | -76,000,000 | 114,000,000 | 720,000,000 | -285,000,000 | -16,000,000 | 381,000,000 | 330,000,000 | 112,000,000 | -11,000,000 | 114,000,000 | -61,000,000 | 545,000,000 | 57,000,000 | 402,000,000 | 1,387,000,000 | 187,000,000 | 432,000,000 | -54,000,000 | 43,000,000 | 604,000,000 | 357,000,000 | 162,000,000 | 188,000,000 | |||||||||||||||||||||||||||||||||||
nine months ended september 30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
six months ended june 30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized investment losses | -122,000,000 | 36,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows provided by operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of subsidiaries | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of subsidiaries | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other dispositions | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized investment (gains) losses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows provided (used) by financing activities | -69,000,000 | -67,000,000 | -603,000,000 | -68,000,000 | -47,000,000 | 210,000,000 | -11,000,000 | 346,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment loss on sale of subsidiary | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transfer of cash to assets held for sale | 5,000,000 | -14,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of hardy | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of investments | -1,000,000 | -4,000,000 | -6,000,000 | -4,000,000 | -10,000,000 | -12,000,000 | -10,000,000 | -10,000,000 | -23,000,000 | -17,000,000 | -10,000,000 | -16,000,000 | -21,000,000 | -33,000,000 | -25,000,000 | -26,000,000 | -33,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock options exercised | 0 | 0 | 4,000,000 | 1,000,000 | 0 | 0 | 1,000,000 | 0 | 0 | 0 | 0 | -4,000,000 | 6,000,000 | 7,000,000 | 3,000,000 | 0 | 0 | 2,000,000 | 15,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment loss on pending sale of subsidiary | 0 | 255,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on disposal of property and equipment | 3,000,000 | 0 | 0 | 1,000,000 | 1,000,000 | 0 | 1,000,000 | 5,000,000 | -2,000,000 | 1,000,000 | 2,000,000 | -2,000,000 | 4,000,000 | 7,000,000 | 17,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows from operating activities-continuing operations | 257,000,000 | 375,000,000 | 306,000,000 | 312,000,000 | 300,000,000 | 114,000,000 | 226,000,000 | 369,000,000 | 990,000,000 | -8,000,000 | 103,000,000 | 196,000,000 | 511,000,000 | 299,000,000 | 163,000,000 | 331,000,000 | 235,000,000 | 856,000,000 | 296,000,000 | 631,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows used by operating activities-discontinued operations | 0 | 0 | 0 | -2,000,000 | -1,000,000 | -75,000,000 | -9,000,000 | -5,000,000 | -7,000,000 | 9,000,000 | -7,000,000 | -18,000,000 | 1,000,000 | -5,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows from operating activities-total | 375,000,000 | 306,000,000 | 312,000,000 | 300,000,000 | 112,000,000 | 217,000,000 | 364,000,000 | 983,000,000 | -12,000,000 | 100,000,000 | 187,000,000 | 509,000,000 | 303,000,000 | 172,000,000 | 324,000,000 | 217,000,000 | 860,000,000 | 297,000,000 | 626,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows used by investing activities-continuing operations | -287,000,000 | -76,000,000 | -163,000,000 | -374,000,000 | -932,000,000 | 48,000,000 | -130,000,000 | -377,000,000 | -202,000,000 | -987,000,000 | -223,000,000 | -304,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows from investing activities-discontinued operations | 0 | 0 | 0 | 2,000,000 | 1,000,000 | 61,000,000 | 9,000,000 | 5,000,000 | 7,000,000 | 4,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows used by investing activities-total | -287,000,000 | -74,000,000 | -154,000,000 | -369,000,000 | -925,000,000 | 52,000,000 | -138,000,000 | -328,000,000 | -201,000,000 | -987,000,000 | -196,000,000 | -307,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisition of cna surety noncontrolling interest | 0 | -49,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows used by financing activities-continuing operations | -44,000,000 | -112,000,000 | -41,000,000 | -42,000,000 | -56,000,000 | -84,000,000 | -468,000,000 | -36,000,000 | -121,000,000 | -86,000,000 | -38,000,000 | -13,000,000 | -33,000,000 | -26,000,000 | -321,000,000 | -273,000,000 | -29,000,000 | -28,000,000 | -26,000,000 | 131,000,000 | -70,000,000 | -343,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows provided (used) by financing activities-discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows used by financing activities-total | -44,000,000 | -112,000,000 | -41,000,000 | -42,000,000 | -56,000,000 | -84,000,000 | -468,000,000 | -36,000,000 | -121,000,000 | -86,000,000 | -38,000,000 | -13,000,000 | -33,000,000 | -26,000,000 | -321,000,000 | -273,000,000 | -29,000,000 | -28,000,000 | -26,000,000 | 131,000,000 | -70,000,000 | -343,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash flows provided (used) by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized investment (gains) losses, net of participating policyholders’ interests | 39,000,000 | -62,000,000 | -29,000,000 | -34,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows provided (used) by operating activities-discontinued operations | -3,000,000 | -9,000,000 | -2,000,000 | 4,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows provided (used) by operating activities-total | 889,000,000 | 584,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows provided (used) by investing activities-continuing operations | -843,000,000 | -314,000,000 | -94,000,000 | -159,000,000 | 13,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows provided (used) by investing activities-discontinued operations | 9,000,000 | -2,000,000 | 1,000,000 | -3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows provided (used) by investing activities-total | -843,000,000 | -314,000,000 | -93,000,000 | -150,000,000 | 11,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid to loews corporation for 2008 senior preferred | -18,000,000 | -25,000,000 | -25,000,000 | -31,000,000 | -32,000,000 | -31,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment to redeem 2008 senior preferred | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash transactions from continuing operations to discontinued operations | 0 | -4,000,000 | 0 | -1,000,000 | 16,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash transactions to discontinued operations from continuing operations | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss from discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized investment gains, net of participating policyholders’ interests | -8,000,000 | -22,000,000 | -36,000,000 | 27,000,000 | -15,000,000 | -13,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of fixed maturity securities | -2,200,000,000 | -2,327,000,000 | -2,842,000,000 | -3,314,000,000 | -2,654,000,000 | -2,720,000,000 | -3,480,000,000 | -3,723,000,000 | -3,503,000,000 | -4,127,000,000 | -5,351,000,000 | -6,090,000,000 | -5,697,000,000 | -5,323,000,000 | -7,079,000,000 | -17,029,000,000 | -11,231,000,000 | -19,558,000,000 | -18,386,000,000 | -15,552,000,000 | -9,742,000,000 | -12,732,000,000 | -9,951,000,000 | -16,420,000,000 | -12,483,000,000 | -21,773,000,000 | -12,314,000,000 | -14,382,000,000 | -13,281,000,000 | -16,825,000,000 | -14,475,000,000 | -13,261,000,000 | -14,047,000,000 | -16,309,000,000 | -17,802,000,000 | -13,590,000,000 | -17,034,000,000 | -18,240,000,000 | -14,303,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
proceeds from fixed maturity securities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sales | 1,458,000,000 | 1,374,000,000 | 1,929,000,000 | 1,679,000,000 | 1,788,000,000 | 2,231,000,000 | 1,881,000,000 | 3,251,000,000 | 2,875,000,000 | 3,651,000,000 | 2,737,000,000 | 3,738,000,000 | 4,424,000,000 | 4,037,000,000 | 7,046,000,000 | 15,998,000,000 | 10,262,000,000 | 21,405,000,000 | 15,163,000,000 | 16,435,000,000 | 9,812,000,000 | 9,433,000,000 | 11,697,000,000 | 13,376,000,000 | 11,358,000,000 | 18,323,000,000 | 12,554,000,000 | 13,037,000,000 | 12,202,000,000 | 12,572,000,000 | 10,867,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
maturities, calls and redemptions | 1,089,000,000 | 883,000,000 | 683,000,000 | 621,000,000 | 609,000,000 | 860,000,000 | 965,000,000 | 449,000,000 | 1,025,000,000 | 1,020,000,000 | 846,000,000 | 880,000,000 | 845,000,000 | 896,000,000 | 827,000,000 | 1,426,000,000 | 1,038,000,000 | 884,000,000 | 1,820,000,000 | 1,016,000,000 | 951,000,000 | 1,074,000,000 | 1,089,000,000 | 684,000,000 | 1,736,000,000 | 1,168,000,000 | 991,000,000 | 1,173,000,000 | 1,005,000,000 | 1,308,000,000 | 1,443,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of equity securities | -3,000,000 | -15,000,000 | -12,000,000 | -21,000,000 | -7,000,000 | -10,000,000 | -34,000,000 | -7,000,000 | -30,000,000 | -20,000,000 | -42,000,000 | -7,000,000 | -22,000,000 | -106,000,000 | -134,000,000 | -77,000,000 | -56,000,000 | -60,000,000 | -30,000,000 | -67,000,000 | -4,000,000 | 333,000,000 | -596,000,000 | -122,000,000 | -178,000,000 | -160,000,000 | -22,000,000 | -260,000,000 | -253,000,000 | -82,000,000 | -30,000,000 | -52,000,000 | -78,000,000 | -80,000,000 | -71,000,000 | -168,000,000 | -198,000,000 | -215,000,000 | -233,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of equity securities | 11,000,000 | 42,000,000 | 19,000,000 | 7,000,000 | 18,000,000 | 25,000,000 | 128,000,000 | 126,000,000 | 87,000,000 | 103,000,000 | 25,000,000 | 391,000,000 | 70,000,000 | 294,000,000 | 146,000,000 | 104,000,000 | 28,000,000 | 73,000,000 | 40,000,000 | 69,000,000 | 33,000,000 | -462,000,000 | 582,000,000 | 26,000,000 | 140,000,000 | 49,000,000 | 101,000,000 | 259,000,000 | 219,000,000 | 273,000,000 | 36,000,000 | 162,000,000 | 151,000,000 | 204,000,000 | 61,000,000 | 381,000,000 | 300,000,000 | 231,000,000 | 285,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
origination of mortgage loans | -20,000,000 | -61,000,000 | -48,000,000 | -31,000,000 | -6,000,000 | -81,000,000 | -31,000,000 | -17,000,000 | -56,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation | 19,000,000 | 20,000,000 | 20,000,000 | 21,000,000 | 19,000,000 | 19,000,000 | 18,000,000 | 19,000,000 | 20,000,000 | 21,000,000 | 23,000,000 | 21,000,000 | 21,000,000 | 21,000,000 | 18,000,000 | 18,000,000 | 18,000,000 | 15,000,000 | 13,000,000 | 11,000,000 | 12,000,000 | 12,000,000 | 13,000,000 | 13,000,000 | 14,000,000 | 14,000,000 | 17,000,000 | 22,000,000 | 17,000,000 | 19,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
cash-continuing operations | 41,000,000 | 59,000,000 | -9,000,000 | 0 | 3,000,000 | 81,000,000 | -5,000,000 | 10,000,000 | -23,000,000 | 95,000,000 | 12,000,000 | 30,000,000 | 4,000,000 | 94,000,000 | -54,000,000 | 132,000,000 | 0 | -11,000,000 | 91,000,000 | 0 | 2,000,000 | 96,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash-discontinued operations | 0 | 9,000,000 | 5,000,000 | -21,000,000 | 23,000,000 | 4,000,000 | 29,000,000 | 5,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash-total | 41,000,000 | 59,000,000 | -9,000,000 | 0 | 3,000,000 | 81,000,000 | -5,000,000 | 10,000,000 | -23,000,000 | 95,000,000 | 12,000,000 | 30,000,000 | 4,000,000 | 94,000,000 | -54,000,000 | 141,000,000 | 5,000,000 | -32,000,000 | 114,000,000 | 4,000,000 | 31,000,000 | 101,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dispositions | 1,000,000 | 0 | 0 | 9,000,000 | -2,000,000 | 45,000,000 | 0 | 0 | 12,000,000 | 0 | 16,000,000 | 468,000,000 | -2,000,000 | -254,000,000 | 5,000,000 | 0 | 71,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of foreign exchange rate changes on cash-continuing operations | -3,000,000 | 0 | 2,000,000 | 0 | -2,000,000 | 2,000,000 | 3,000,000 | 7,000,000 | -2,000,000 | 0 | -1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows provided (used) by operating activities-continuing operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(income) income from discontinued operations | 0 | 1,000,000 | 0 | 1,000,000 | -2,000,000 | 1,000,000 | -2,000,000 | -6,000,000 | 2,000,000 | 6,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) loss on disposal of property and equipment | 9,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid to loews for 2008 senior preferred | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
principal payments on debt | 0 | -100,000,000 | 0 | -150,000,000 | -21,000,000 | -61,000,000 | 0 | -493,000,000 | -14,000,000 | -1,000,000 | -530,000,000 | -6,000,000 | -249,000,000 | -3,000,000 | -6,000,000 | -129,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
policyholders’ investment contract net deposits | 2,000,000 | -2,000,000 | -4,000,000 | -2,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments to redeem 2008 senior preferred | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the issuance of 2008 senior preferred | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows provided (used) by financing activities-continuing operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows provided (used) by financing activities-total | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized investment losses, net of participating policyholders’ interests | -72,000,000 | 100,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
undistributed losses (earnings) of equity method investees | -34,000,000 | 70,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net amortization of investment discount | -29,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid reinsurance premiums | 35,000,000 | 17,000,000 | 15,000,000 | -18,000,000 | 2,000,000 | -22,000,000 | 43,000,000 | 9,000,000 | -31,000,000 | 21,000,000 | 52,000,000 | -100,000,000 | 574,000,000 | 52,000,000 | 53,000,000 | 109,000,000 | -98,000,000 | 106,000,000 | 122,000,000 | 103,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
federal income taxes recoverable/payable | -50,000,000 | 72,000,000 | 26,000,000 | -121,000,000 | 60,000,000 | 35,000,000 | 2,000,000 | 116,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reinsurance balances payable | -58,000,000 | -11,000,000 | 6,000,000 | 28,000,000 | -23,000,000 | -5,000,000 | -45,000,000 | -49,000,000 | 38,000,000 | -771,000,000 | 38,000,000 | -17,000,000 | -1,013,000,000 | -133,000,000 | -185,000,000 | -13,000,000 | -60,000,000 | -53,000,000 | -171,000,000 | -71,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in collateral on loaned securities and derivatives | 0 | 0 | -40,000,000 | 35,000,000 | -878,000,000 | 815,000,000 | -1,239,000,000 | 1,025,000,000 | -130,000,000 | 193,000,000 | 802,000,000 | -107,000,000 | -148,000,000 | -71,000,000 | -439,000,000 | -105,000,000 | 566,000,000 | -133,000,000 | -455,000,000 | -1,064,000,000 | 1,100,000,000 | 48,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
return of investment contract account balances | -5,000,000 | 0 | -2,000,000 | -8,000,000 | -285,000,000 | -14,000,000 | -2,000,000 | -11,000,000 | -46,000,000 | -103,000,000 | -63,000,000 | -344,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receipts on investment contract account balances | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash transactions from discontinued operations to continuing operations | 4,000,000 | 0 | 1,000,000 | -16,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax provision | -33,000,000 | -13,000,000 | 20,000,000 | 124,000,000 | -2,000,000 | 41,000,000 | -183,000,000 | 83,000,000 | -132,000,000 | 12,000,000 | 77,000,000 | -25,000,000 | 60,000,000 | -77,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
undistributed (earnings) losses of equity method investees | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
federal income taxes recoverable | 69,000,000 | -188,000,000 | -21,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net amortization of bond discount | -57,000,000 | -58,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows used by financing activities-discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized investment losses, net of participating policyholders’ interests | 532,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
undistributed losses of equity method investees | 104,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minority interest | 12,000,000 | 12,000,000 | 16,000,000 | 11,000,000 | 10,000,000 | 13,000,000 | 10,000,000 | 9,000,000 | 8,000,000 | 11,000,000 | -2,000,000 | 7,000,000 | 8,000,000 | 6,000,000 | 7,000,000 | 6,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities activity | 288,000,000 | 63,000,000 | 0 | -38,000,000 | -6,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized investment losses, net of participating policyholders’ and minority interests | 111,000,000 | 51,000,000 | 57,000,000 | 19,000,000 | 458,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net amortization of bond (discount) premium | -72,000,000 | -65,000,000 | -63,000,000 | -76,000,000 | -56,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid to stockholders | -40,000,000 | -41,000,000 | -27,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receipts of investment contract account balances | 1,000,000 | 1,000,000 | 1,000,000 | 0 | 1,000,000 | 1,000,000 | 0 | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows from financing activities-discontinued operations | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
undistributed earnings of equity method investees | 7,000,000 | -57,000,000 | -24,000,000 | -26,000,000 | -29,000,000 | -15,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in collateral on loaned securities | -3,016,000,000 | 185,000,000 | 63,000,000 | 1,044,000,000 | -448,000,000 | 1,022,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows from investing activities-discontinued operations, including proceeds from disposition | -8,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the issuance of long-term debt | 747,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment to repurchase series h issue preferred stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the issuance of common stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized investment (gains) losses, net of participating policyholders’ and minority interests | 21,000,000 | -21,000,000 | 98,000,000 | -9,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on disposal of property and equipment | 8,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading securities | 60,000,000 | 64,000,000 | 267,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stock options exercised by officers | 2,000,000 | 1,000,000 | 1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of bond (discount) premium | -90,000,000 | -62,000,000 | -69,000,000 | -29,000,000 | -33,000,000 | -22,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
bad debt benefit from insurance and reinsurance receivables | -23,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchases of mortgage loans and real estate | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of preferred stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of debt | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized investment gains/losses, net of participating policyholders’ and minority interests | -67,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity method income | -74,000,000 | -36,000,000 | -80,000,000 | -27,000,000 | -32,000,000 | -75,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
federal income taxes payable/recoverable | -427,000,000 | 239,000,000 | -23,000,000 | -39,000,000 | 403,000,000 | 108,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net purchases of trading securities | -36,000,000 | -7,000,000 | 36,000,000 | -3,000,000 | 2,000,000 | 0 | -4,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of surplus notes | 0 | 0 | 346,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
returns and deposits of policyholder account balances on investment contracts | 0 | 4,000,000 | 6,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash, beginning of period | 0 | 0 | 95,000,000 | 0 | 0 | 139,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosures of cash flow information: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest | 14,000,000 | 58,000,000 | 14,000,000 | 105,000,000 | 41,000,000 | 16,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
federal income taxes | 288,000,000 | -63,000,000 | 64,000,000 | 6,000,000 | -461,000,000 | -79,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
period ended september 30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: undeclared preferred stock dividend | 1,000,000 | -1,000,000 | -17,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income available to common stockholders | -284,000,000 | 109,000,000 | 161,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average outstanding common stock and common stock equivalents | 0 | 0 | 256,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of dilutive securities, employee stock options | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjusted weighted-average outstanding common stock and common stock equivalents assuming conversions | 0 | 0 | 256,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic and diluted earnings per share available to common stockholders | -1,120,000 | 430,000 | 630,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in bad debt expense (recovery) for insurance and reinsurance receivables | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
period ended june 30 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in bad debt benefit from insurance and reinsurance receivables | -7,000,000 | 127,000,000 | -90,000,000 | 33,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash transactions: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes receivable for the issuance of common stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
for the three months ended march 31 | 2,005,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cumulative effect of change in accounting principles, net of tax | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in bad debt benefit from insurance and reinsurance receivables | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity method (income) loss | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized income from discontinued operations, net of tax | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
• | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
realized investment gains, net of participating policyholders’ and minority interests | 62,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accretion/amortization of bond discount | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows from financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturity securities, available-for-sale | 12,000,000 | -338,000,000 | 1,220,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturity securities, trading | -88,000,000 | 101,000,000 | 304,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short term investments, available-for-sale | 14,000,000 | -45,000,000 | 55,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short term investments, trading | 60,000,000 | -99,000,000 | 414,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total investments | -16,000,000 | -332,000,000 | 2,416,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables for securities sold | 87,000,000 | -14,000,000 | 97,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total assets | 70,000,000 | -349,000,000 | 2,527,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance reserves: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
claim and claim adjustment expense | 0 | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
future policy benefits | -5,000,000 | -87,000,000 | 617,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
policyholders’ funds | -13,000,000 | -101,000,000 | 1,324,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
collateral on loaned securities and derivatives | 17,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payables for securities purchased | 73,000,000 | 44,000,000 | 43,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities | 42,000,000 | -143,000,000 | 2,049,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of bond discount | 0 | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash flows used by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows provided (used) by operating activities | 45,000,000 | 233,000,000 | 372,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sales of property and equipment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions, net of cash acquired | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of common stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
return of policyholder account balances on investment contracts | 43,000,000 | -5,000,000 | -6,000,000 | -7,000,000 | -10,000,000 | -13,000,000 | -13,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receipts from investment contracts credited to policyholder account balances | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net change in cash and cash equivalents | 38,000,000 | -26,000,000 | 40,000,000 | 114,000,000 | 51,000,000 | -48,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of period | 0 | 0 | 126,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, end of period | 38,000,000 | -26,000,000 | 166,000,000 | 114,000,000 | 51,000,000 | 94,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(a) see note t. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cumulative effects of changes in accounting principles, net of tax | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on disposals of property and equipment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of intangibles | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sales of property and equipment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows (used) provided by financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of year | 0 | 0 | 142,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
the accompanying notes are an integral part of these condensed consolidated financial statements (unaudited). | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows (used) by financing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows used by operating activities | -78,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows used by operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash flows from financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of preferred stock | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid to preferred stockholders |