The Hartford Financial Services Group, Inc(NYSE:HIG) 
The Hartford Financial Services Group, Inc. provides insurance and financial services to individual and business customers in the United States, the United Kingdom, continental Europe, and internationally. Its Commercial Lines segment offers workers' compensation, property, automobile, liability, um...
Website: http://www.thehartford.com
Founded: 1810
Full Time Employees: 19,500
Sector: Financial Services
Industry: Insurance-Diversified
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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 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-11-01 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-09-30 | 2015-06-30 | 2014-12-31 | 2014-03-31 | 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 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-12-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 |
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revenues | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earned premiums | 6,145,000,000 | 6,141,000,000 | 6,093,000,000 | 5,961,000,000 | 5,835,000,000 | 5,809,000,000 | 5,734,000,000 | 5,578,000,000 | 5,446,000,000 | 5,433,000,000 | 5,310,000,000 | 5,220,000,000 | 5,063,000,000 | 5,019,000,000 | 4,910,000,000 | 4,810,000,000 | 4,651,000,000 | 4,631,000,000 | 4,565,000,000 | 4,460,000,000 | 4,343,000,000 | 4,316,000,000 | 4,347,000,000 | 4,234,000,000 | 4,391,000,000 | 4,423,000,000 | 4,394,000,000 | 4,166,000,000 | 3,940,000,000 | 3,987,000,000 | 3,958,000,000 | 3,927,000,000 | 2,609,250,000 | 3,474,000,000 | 3,490,000,000 | 3,473,000,000 | 3,484,000,000 | 3,444,000,000 | 3,404,000,000 | 3,404,000,000 | 3,391,000,000 | 3,301,000,000 | 3,506,000,000 | 3,518,000,000 | 3,545,000,000 | 3,519,000,000 | 3,509,000,000 | 3,513,000,000 | 3,506,000,000 | 3,527,000,000 | 3,504,000,000 | 3,499,000,000 | 3,592,000,000 | 3,829,000,000 | 3,866,000,000 | 3,903,000,000 | 3,891,000,000 | 3,843,000,000 | 3,859,000,000 | 4,062,000,000 | 3,867,000,000 | 3,831,000,000 | 3,735,000,000 | 3,761,000,000 | 3,688,000,000 | 3,839,000,000 | 3,666,000,000 | 3,562,000,000 | 3,625,000,000 | 3,506,000,000 | 3,530,000,000 | 3,532,000,000 | 3,323,000,000 | 3,181,000,000 | ||
fee income | 370,000,000 | 368,000,000 | 361,000,000 | 342,000,000 | 346,000,000 | 354,000,000 | 347,000,000 | 339,000,000 | 333,000,000 | 323,000,000 | 330,000,000 | 328,000,000 | 319,000,000 | 318,000,000 | 328,000,000 | 341,000,000 | 362,000,000 | 381,000,000 | 377,000,000 | 375,000,000 | 355,000,000 | 336,000,000 | 323,000,000 | 298,000,000 | 320,000,000 | 331,000,000 | 330,000,000 | 326,000,000 | 314,000,000 | 344,000,000 | 327,000,000 | 323,000,000 | 345,250,000 | 460,000,000 | 466,000,000 | 455,000,000 | 432,000,000 | 422,000,000 | 426,000,000 | 448,000,000 | 469,000,000 | 621,000,000 | 1,130,000,000 | 1,192,000,000 | 1,219,000,000 | 1,209,000,000 | 1,227,000,000 | 1,173,000,000 | 1,195,000,000 | 1,189,000,000 | 1,207,000,000 | 1,140,000,000 | 1,062,000,000 | 1,167,000,000 | 1,079,000,000 | 1,333,000,000 | 1,386,000,000 | 1,337,000,000 | 1,410,000,000 | 1,398,000,000 | 1,346,000,000 | 1,282,000,000 | 1,307,000,000 | 1,152,000,000 | 1,159,000,000 | 1,121,000,000 | 1,068,000,000 | 1,029,000,000 | 963,000,000 | 952,000,000 | 865,000,000 | 808,000,000 | 793,000,000 | 786,000,000 | ||
net investment income | 739,000,000 | 832,000,000 | 759,000,000 | 664,000,000 | 656,000,000 | 714,000,000 | 659,000,000 | 602,000,000 | 593,000,000 | 653,000,000 | 597,000,000 | 540,000,000 | 515,000,000 | 640,000,000 | 487,000,000 | 541,000,000 | 509,000,000 | 573,000,000 | 650,000,000 | 581,000,000 | 509,000,000 | 556,000,000 | 492,000,000 | 339,000,000 | 459,000,000 | 503,000,000 | 490,000,000 | 488,000,000 | 470,000,000 | 444,000,000 | 428,000,000 | 451,000,000 | 543,000,000 | 729,000,000 | 715,000,000 | 728,000,000 | 772,000,000 | 735,000,000 | 696,000,000 | 730,000,000 | 796,000,000 | 1,370,000,000 | 1,293,000,000 | 1,562,000,000 | 925,000,000 | 1,158,000,000 | 1,517,000,000 | |||||||||||||||||||||||||||||
net realized losses | -55,000,000 | -29,000,000 | -12,000,000 | -10,000,000 | -17,000,000 | -13,000,000 | -59,000,000 | -40,250,000 | -90,000,000 | -64,000,000 | -7,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other revenues | 27,000,000 | 27,000,000 | 31,000,000 | 30,000,000 | 22,000,000 | 19,000,000 | 24,000,000 | 26,000,000 | 19,000,000 | 18,000,000 | 21,000,000 | 25,000,000 | 20,000,000 | 17,000,000 | 21,000,000 | 19,000,000 | 16,000,000 | 19,000,000 | 24,000,000 | 26,000,000 | 12,000,000 | 18,000,000 | 3,000,000 | 88,000,000 | 17,000,000 | 41,000,000 | 44,000,000 | 32,000,000 | 53,000,000 | 29,000,000 | 24,000,000 | 20,000,000 | 16,500,000 | 24,000,000 | 23,000,000 | 19,000,000 | 24,000,000 | 23,000,000 | 20,000,000 | 24,000,000 | 20,000,000 | 25,000,000 | 65,000,000 | 63,000,000 | 61,000,000 | 64,000,000 | 120,000,000 | 122,000,000 | 120,000,000 | 118,000,000 | 131,000,000 | 123,000,000 | 120,000,000 | 118,000,000 | 127,000,000 | 132,000,000 | 125,000,000 | 120,000,000 | 128,000,000 | 126,000,000 | 125,000,000 | 117,000,000 | 118,000,000 | 118,000,000 | 115,000,000 | 123,000,000 | 120,000,000 | 116,000,000 | 116,000,000 | 112,000,000 | 108,000,000 | 107,000,000 | 118,000,000 | 104,000,000 | ||
total revenues | 7,226,000,000 | 7,339,000,000 | 7,232,000,000 | 6,987,000,000 | 6,810,000,000 | 6,879,000,000 | 6,751,000,000 | 6,486,000,000 | 6,419,000,000 | 6,400,000,000 | 6,168,000,000 | 6,049,000,000 | 5,910,000,000 | 6,016,000,000 | 5,580,000,000 | 5,373,000,000 | 5,393,000,000 | 5,816,000,000 | 5,686,000,000 | 5,589,000,000 | 5,299,000,000 | 5,328,000,000 | 5,171,000,000 | 5,068,000,000 | 4,956,000,000 | 5,361,000,000 | 5,347,000,000 | 5,092,000,000 | 4,940,000,000 | 4,842,000,000 | 4,789,000,000 | 4,691,000,000 | 3,527,000,000 | 4,684,000,000 | 4,769,000,000 | 4,655,000,000 | 4,695,000,000 | 4,677,000,000 | 4,391,000,000 | 4,562,000,000 | 4,685,000,000 | 4,461,000,000 | 5,638,000,000 | 4,520,000,000 | 5,401,000,000 | 6,308,000,000 | 6,055,000,000 | 6,673,000,000 | 3,336,000,000 | 6,319,000,000 | 6,440,000,000 | 5,230,000,000 | 7,637,000,000 | 5,394,000,000 | 565,000,000 | -393,000,000 | 7,503,000,000 | 1,544,000,000 | 5,674,000,000 | 5,823,000,000 | 7,660,000,000 | 6,759,000,000 | 7,579,000,000 | 7,407,000,000 | 4,971,000,000 | 6,543,000,000 | 7,737,000,000 | 7,298,000,000 | 6,057,000,000 | 5,991,000,000 | 6,101,000,000 | 5,416,000,000 | 5,444,000,000 | 5,732,000,000 | ||
yoy | 6.11% | 6.69% | 7.12% | 7.72% | 6.09% | 7.48% | 9.45% | 7.22% | 8.61% | 6.38% | 10.54% | 12.58% | 9.59% | 3.44% | -1.86% | -3.86% | 1.77% | 9.16% | 9.96% | 10.28% | 6.92% | -0.62% | -3.29% | -0.47% | 0.32% | 10.72% | 11.65% | 8.55% | 37.28% | 2.24% | -1.64% | -24.88% | 0.15% | 8.61% | 2.04% | 0.21% | -1.57% | -19.08% | 3.65% | -29.28% | -6.89% | -32.26% | 61.90% | -0.17% | -5.98% | 27.59% | -56.32% | 17.15% | 1039.82% | -1430.79% | 1.79% | 249.35% | -90.04% | -106.75% | -2.05% | -77.16% | -25.14% | -21.39% | 54.09% | 3.30% | -2.04% | 1.49% | -17.93% | 9.21% | 26.82% | 34.75% | 11.26% | 4.52% | ||||||||
qoq | -1.54% | 1.48% | 3.51% | 2.60% | -1.00% | 1.90% | 4.09% | 1.04% | 0.30% | 3.76% | 1.97% | 2.35% | -1.76% | 7.81% | 3.85% | -0.37% | -7.27% | 2.29% | 1.74% | 5.47% | -0.54% | 3.04% | 2.03% | 2.26% | -7.55% | 0.26% | 5.01% | 3.08% | 2.02% | 1.11% | 2.09% | -24.70% | -1.78% | 2.45% | -0.85% | 0.38% | 6.51% | -3.75% | -2.63% | -20.88% | 24.73% | -16.31% | -14.38% | 4.18% | -9.26% | 100.03% | -47.21% | -1.88% | 23.14% | -31.52% | 41.58% | 854.69% | -243.77% | -105.24% | 385.95% | -72.79% | -2.56% | -23.98% | 13.33% | -10.82% | 2.32% | 49.00% | -24.03% | -15.43% | 6.02% | 20.49% | 1.10% | -1.80% | 12.65% | -0.51% | -5.02% | |||||
benefits, losses and expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefits, losses and loss adjustment expenses | 3,998,000,000 | 3,733,000,000 | 3,793,000,000 | 3,712,000,000 | 4,000,000,000 | 3,779,000,000 | 3,823,000,000 | 3,661,000,000 | 3,611,000,000 | 3,633,000,000 | 3,543,000,000 | 3,580,000,000 | 3,482,000,000 | 3,540,000,000 | 3,408,000,000 | 3,076,000,000 | 3,118,000,000 | 3,173,000,000 | 3,420,000,000 | 2,786,000,000 | 3,350,000,000 | 3,080,000,000 | 2,962,000,000 | 2,847,000,000 | 2,916,000,000 | 2,939,000,000 | 2,914,000,000 | 2,934,000,000 | 2,685,000,000 | 2,786,000,000 | 2,738,000,000 | 2,695,000,000 | 2,129,500,000 | 2,994,000,000 | 2,767,000,000 | 2,757,000,000 | 2,780,000,000 | 3,142,000,000 | 2,641,000,000 | 2,710,000,000 | 2,812,000,000 | 2,604,000,000 | 3,465,000,000 | 4,006,000,000 | 3,976,000,000 | 3,178,000,000 | 3,263,000,000 | 3,037,000,000 | 3,592,000,000 | 3,133,000,000 | 3,032,000,000 | 3,070,000,000 | 3,092,000,000 | 4,637,000,000 | 3,151,000,000 | 3,994,000,000 | 3,586,000,000 | 3,357,000,000 | 2,775,000,000 | 2,968,000,000 | 4,778,000,000 | 3,543,000,000 | ||||||||||||||
amortization of deferred policy acquisition costs | 656,000,000 | 645,000,000 | 639,000,000 | 625,000,000 | 607,000,000 | 591,000,000 | 585,000,000 | 561,000,000 | 545,000,000 | 534,000,000 | 517,000,000 | 502,000,000 | 491,000,000 | 475,000,000 | 467,000,000 | 453,000,000 | 440,000,000 | 428,000,000 | 419,000,000 | 417,000,000 | 416,000,000 | 419,000,000 | 421,000,000 | 429,000,000 | 437,000,000 | 438,000,000 | 437,000,000 | 392,000,000 | 355,000,000 | 348,000,000 | 344,000,000 | 342,000,000 | 272,000,000 | 357,000,000 | 368,000,000 | 363,000,000 | 403,000,000 | 368,000,000 | 374,000,000 | 434,000,000 | 391,000,000 | |||||||||||||||||||||||||||||||||||
insurance operating costs and other expenses | 1,447,000,000 | 1,481,000,000 | 1,414,000,000 | 1,337,000,000 | 1,352,000,000 | 1,367,000,000 | 1,323,000,000 | 1,285,000,000 | 1,283,000,000 | 1,214,000,000 | 1,226,000,000 | 1,225,000,000 | 1,216,000,000 | 1,198,000,000 | 1,203,000,000 | 1,222,000,000 | 1,207,000,000 | 1,233,000,000 | 1,200,000,000 | 1,202,000,000 | 1,144,000,000 | 1,086,000,000 | 1,093,000,000 | 1,125,000,000 | 1,176,000,000 | 1,091,000,000 | 1,067,000,000 | 1,037,000,000 | 913,000,000 | 995,000,000 | 1,692,000,000 | 965,000,000 | 898,000,000 | 909,000,000 | 995,000,000 | 1,059,000,000 | 1,224,000,000 | 1,125,000,000 | 1,202,000,000 | 1,105,000,000 | ||||||||||||||||||||||||||||||||||||
interest expense | 50,000,000 | 49,000,000 | 50,000,000 | 50,000,000 | 50,000,000 | 50,000,000 | 49,000,000 | 50,000,000 | 50,000,000 | 49,000,000 | 50,000,000 | 50,000,000 | 50,000,000 | 50,000,000 | 50,000,000 | 51,000,000 | 62,000,000 | 62,000,000 | 58,000,000 | 57,000,000 | 57,000,000 | 57,000,000 | 58,000,000 | 57,000,000 | 64,000,000 | 65,000,000 | 67,000,000 | 63,000,000 | 64,000,000 | 69,000,000 | 79,000,000 | 80,000,000 | 61,500,000 | 82,000,000 | 81,000,000 | 83,000,000 | 86,000,000 | 85,000,000 | 86,000,000 | 88,000,000 | 89,000,000 | 95,000,000 | 124,000,000 | 128,000,000 | 128,000,000 | 128,000,000 | 128,000,000 | 128,000,000 | 132,000,000 | 120,000,000 | 119,000,000 | 118,000,000 | 119,000,000 | 120,000,000 | 115,000,000 | 84,000,000 | 77,000,000 | 67,000,000 | 67,000,000 | 67,000,000 | 66,000,000 | 63,000,000 | 70,000,000 | 70,000,000 | 71,000,000 | 66,000,000 | 63,000,000 | 62,000,000 | 64,000,000 | 63,000,000 | 62,000,000 | 61,000,000 | 62,000,000 | 66,000,000 | ||
amortization of other intangible assets | 18,000,000 | 18,000,000 | 18,000,000 | 17,000,000 | 18,000,000 | 18,000,000 | 18,000,000 | 17,000,000 | 18,000,000 | 18,000,000 | 18,000,000 | 17,000,000 | 18,000,000 | 18,000,000 | 18,000,000 | 17,000,000 | 18,000,000 | 18,000,000 | 18,000,000 | 17,000,000 | 18,000,000 | 17,000,000 | 18,000,000 | 18,000,000 | 19,000,000 | 19,000,000 | 19,000,000 | 15,000,000 | 13,000,000 | 18,000,000 | 18,000,000 | 18,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
total benefits, losses and expenses | 6,169,000,000 | 5,926,000,000 | 5,914,000,000 | 5,741,000,000 | 6,027,000,000 | 5,805,000,000 | 5,799,000,000 | 5,574,000,000 | 5,508,000,000 | 5,450,000,000 | 5,355,000,000 | 5,377,000,000 | 5,257,000,000 | 5,284,000,000 | 5,149,000,000 | 4,821,000,000 | 4,850,000,000 | 4,916,000,000 | 5,103,000,000 | 4,479,000,000 | 4,996,000,000 | 4,676,000,000 | 4,639,000,000 | 4,476,000,000 | 4,612,000,000 | 4,685,000,000 | 4,694,000,000 | 4,636,000,000 | 4,165,000,000 | 4,312,000,000 | 4,252,000,000 | 4,172,000,000 | 3,376,000,000 | 4,428,000,000 | 4,908,000,000 | 4,168,000,000 | 4,167,000,000 | 4,507,000,000 | 4,010,000,000 | 4,183,000,000 | 4,215,000,000 | 3,806,000,000 | 5,546,000,000 | 4,624,000,000 | 5,566,000,000 | 5,898,000,000 | 5,241,000,000 | 5,751,000,000 | 3,343,000,000 | 5,784,000,000 | 5,712,000,000 | 5,687,000,000 | 7,619,000,000 | 7,411,000,000 | 1,716,000,000 | 3,790,000,000 | 6,851,000,000 | 1,453,000,000 | 4,893,000,000 | 4,648,000,000 | 6,823,000,000 | 5,547,000,000 | ||||||||||||||
income before income taxes | 1,057,000,000 | 1,413,000,000 | 1,318,000,000 | 1,246,000,000 | 783,000,000 | 1,074,000,000 | 952,000,000 | 912,000,000 | 911,000,000 | 950,000,000 | 813,000,000 | 672,000,000 | 653,000,000 | 732,000,000 | 431,000,000 | 552,000,000 | 543,000,000 | 900,000,000 | 583,000,000 | 1,110,000,000 | 303,000,000 | 367,000,000 | 532,000,000 | 592,000,000 | 344,000,000 | 151,000,000 | 256,000,000 | -139,000,000 | 487,000,000 | 528,000,000 | 170,000,000 | 381,000,000 | 814,000,000 | 922,000,000 | -7,000,000 | 535,000,000 | 728,000,000 | -457,000,000 | 18,000,000 | -2,017,000,000 | -1,151,000,000 | -4,183,000,000 | 652,000,000 | 91,000,000 | 781,000,000 | 1,175,000,000 | 837,000,000 | 1,212,000,000 | 650,000,000 | 1,011,000,000 | 605,000,000 | 984,000,000 | ||||||||||||||||||||||||
income tax expense | 201,000,000 | 282,000,000 | 238,000,000 | 251,000,000 | 153,000,000 | 221,000,000 | 185,000,000 | 174,000,000 | 158,000,000 | 179,000,000 | 162,000,000 | 125,000,000 | 118,000,000 | 143,000,000 | 92,000,000 | 110,000,000 | 98,000,000 | 171,000,000 | 101,000,000 | 205,000,000 | 54,000,000 | 115,000,000 | 73,000,000 | 124,000,000 | 71,000,000 | 128,000,000 | 118,000,000 | 84,000,000 | 145,000,000 | 103,000,000 | 103,000,000 | 91,000,000 | 8,000,000 | 22,000,000 | -99,000,000 | 109,000,000 | 90,000,000 | 58,000,000 | 7,000,000 | 57,000,000 | -34,000,000 | -101,000,000 | -269,000,000 | 59,000,000 | 195,000,000 | 256,000,000 | -83,000,000 | 216,000,000 | 33,000,000 | -345,000,000 | -1,552,000,000 | 109,000,000 | -54,000,000 | 186,000,000 | 324,000,000 | 210,000,000 | 336,000,000 | 219,000,000 | 253,000,000 | 129,000,000 | 256,000,000 | 81,000,000 | 157,000,000 | 225,000,000 | 248,000,000 | 201,000,000 | -187,000,000 | 144,000,000 | 227,000,000 | |||||||
net income | 856,000,000 | 1,131,000,000 | 1,080,000,000 | 995,000,000 | 630,000,000 | 853,000,000 | 767,000,000 | 738,000,000 | 753,000,000 | 771,000,000 | 651,000,000 | 547,000,000 | 535,000,000 | 589,000,000 | 339,000,000 | 442,000,000 | 445,000,000 | 729,000,000 | 482,000,000 | 905,000,000 | 249,000,000 | 537,000,000 | 459,000,000 | 468,000,000 | 273,000,000 | 548,000,000 | 535,000,000 | 372,000,000 | 630,000,000 | 432,000,000 | 582,000,000 | 597,000,000 | 143,000,000 | 234,000,000 | -40,000,000 | 378,000,000 | 438,000,000 | 216,000,000 | 323,000,000 | 381,000,000 | 413,000,000 | 495,000,000 | 127,000,000 | 24,000,000 | 511,000,000 | 619,000,000 | 666,000,000 | 76,000,000 | 319,000,000 | 557,000,000 | -220,000,000 | -15,000,000 | -1,209,000,000 | -806,000,000 | -2,631,000,000 | 543,000,000 | 145,000,000 | 595,000,000 | 851,000,000 | 627,000,000 | 876,000,000 | 783,000,000 | 758,000,000 | 476,000,000 | 728,000,000 | 467,000,000 | 539,000,000 | 602,000,000 | 666,000,000 | 620,000,000 | 494,000,000 | 433,000,000 | 568,000,000 | |||
yoy | 35.87% | 32.59% | 40.81% | 34.82% | -16.33% | 10.64% | 17.82% | 34.92% | 40.75% | 30.90% | 92.04% | 23.76% | 20.22% | -19.20% | -29.67% | -51.16% | 78.71% | 35.75% | 5.01% | 93.38% | -8.79% | -2.01% | -14.21% | 25.81% | -56.67% | 26.85% | -8.08% | -37.69% | 202.10% | 148.72% | -1592.50% | -67.35% | 8.33% | -112.38% | -0.79% | 6.05% | -34.75% | 200.00% | NaN% | -3.13% | -79.48% | NaN% | -68.42% | 60.19% | 11.13% | -402.73% | -606.67% | -126.39% | -169.11% | -91.64% | -102.76% | -933.79% | -235.46% | -409.17% | -13.40% | -83.45% | -24.01% | 12.27% | 31.72% | 20.33% | 67.67% | 40.63% | -20.93% | 9.31% | -24.68% | 9.11% | 39.03% | 17.25% | ||||||||
qoq | -24.31% | 4.72% | 8.54% | 57.94% | -26.14% | 11.21% | 3.93% | -1.99% | -2.33% | 18.43% | 19.01% | 2.24% | -9.17% | 73.75% | -23.30% | -0.67% | -38.96% | 51.24% | -46.74% | 263.45% | -53.63% | 16.99% | -1.92% | 71.43% | -50.18% | 2.43% | 43.82% | -40.95% | 45.83% | -25.77% | -2.51% | -38.89% | -685.00% | -110.58% | -13.70% | 102.78% | -33.13% | -15.22% | -7.75% | 289.76% | NaN% | NaN% | -95.30% | -17.45% | -7.06% | 776.32% | -76.18% | -42.73% | -353.18% | 1366.67% | -98.76% | 50.00% | -69.37% | -584.53% | 274.48% | -75.63% | -30.08% | 35.73% | -28.42% | 11.88% | 3.30% | 59.24% | -34.62% | 55.89% | -13.36% | -10.47% | -9.61% | 7.42% | 25.51% | 14.09% | -23.77% | |||||
net income margin % | 11.85% | 15.41% | 14.93% | 14.24% | 9.25% | 12.40% | 11.36% | 11.38% | 11.73% | 12.05% | 10.55% | 9.04% | 9.05% | 9.79% | 6.08% | 8.23% | 8.25% | 12.53% | 8.48% | 16.19% | 4.70% | 10.08% | 8.88% | 9.23% | 5.51% | 10.22% | 10.01% | 7.31% | 12.75% | 8.92% | 12.15% | 12.73% | 4.05% | 5.00% | -0.84% | 8.12% | 9.33% | 4.62% | 7.36% | 8.35% | 8.82% | NaN% | 11.10% | 2.25% | NaN% | 0.44% | 8.10% | 10.22% | 9.98% | 2.28% | 5.05% | 8.65% | -4.21% | -0.20% | -22.41% | -142.65% | 669.47% | 7.24% | 9.39% | 10.49% | 14.61% | 8.19% | 12.96% | 10.33% | 10.23% | 9.58% | 11.13% | 6.04% | 7.39% | 9.94% | 11.12% | 10.16% | 9.12% | 7.95% | 9.91% | |
preferred stock dividends | 5,000,000 | 5,000,000 | 6,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 6,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 6,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 6,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 6,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 6,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 11,000,000 | 5,000,000 | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net income available to common stockholders | 851,000,000 | 1,126,000,000 | 1,074,000,000 | 990,000,000 | 625,000,000 | 848,000,000 | 761,000,000 | 733,000,000 | 748,000,000 | 766,000,000 | 645,000,000 | 542,000,000 | 530,000,000 | 584,000,000 | 333,000,000 | 437,000,000 | 440,000,000 | 724,000,000 | 476,000,000 | 900,000,000 | 244,000,000 | 532,000,000 | 453,000,000 | 463,000,000 | 268,000,000 | 543,000,000 | 524,000,000 | 372,000,000 | 625,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
net income available to common stockholders per common share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 3,080,000 | 4,030,000 | 3,820,000 | 3,490,000 | 2,180,000 | 2,920,000 | 2,600,000 | 2,480,000 | 2,510,000 | 2,540,000 | 2,120,000 | 1,750,000 | 1,690,000 | 1,820,000 | 1,030,000 | 1,330,000 | 1,320,000 | 2,110,000 | 1,380,000 | 2,540,000 | 680,000 | 1,490,000 | 1,260,000 | 1,290,000 | 750,000 | 1,510,000 | 1,450,000 | 1,030,000 | 1,740,000 | 1,100,000 | 260,000 | -20,000 | 30,000 | 1,130,000 | ||||||||||||||||||||||||||||||||||||||||||
diluted | 3,040,000 | 3,980,000 | 3,770,000 | 3,440,000 | 2,150,000 | 2,880,000 | 2,560,000 | 2,440,000 | 2,470,000 | 2,490,000 | 2,090,000 | 1,730,000 | 1,660,000 | 1,790,000 | 1,020,000 | 1,320,000 | 1,300,000 | 2,080,000 | 1,360,000 | 2,510,000 | 670,000 | 1,470,000 | 1,260,000 | 1,290,000 | 740,000 | 1,490,000 | 1,430,000 | 1,020,000 | 1,710,000 | 1,030,000 | 250,000 | -20,000 | 30,000 | 1,010,000 | ||||||||||||||||||||||||||||||||||||||||||
restructuring and other costs | 1,000,000 | 1,000,000 | 2,000,000 | 1,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 2,000,000 | 5,000,000 | 2,000,000 | -12,000,000 | 11,000,000 | 17,000,000 | 87,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized gains | -49,000,000 | 28,000,000 | 22,000,000 | -166,000,000 | -338,000,000 | -145,000,000 | 212,000,000 | 70,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized capital gains | 147,000,000 | 80,000,000 | 102,000,000 | 6,000,000 | 109,000,000 | -231,000,000 | 84,000,000 | -1,371,000,000 | -429,000,000 | -363,000,000 | 46,000,000 | 22,000,000 | 27,000,000 | -179,000,000 | -121,000,000 | -61,000,000 | -33,000,000 | -17,000,000 | 128,000,000 | 36,000,000 | 44,000,000 | 52,000,000 | 144,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on extinguishment of debt | 90,000,000 | 6,000,000 | 21,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on reinsurance transaction | 91,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other-than-temporary impairment ("otti") losses | -1,250,000 | -1,000,000 | -4,000,000 | -4,000,000 | -2,000,000 | -6,000,000 | -5,000,000 | -16,000,000 | -3,000,000 | -15,000,000 | -8,000,000 | -27,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
otti losses recognized in other comprehensive income | 1,000,000 | 2,000,000 | 3,000,000 | 2,000,000 | 1,750,000 | 3,000,000 | 2,000,000 | 2,000,000 | 1,000,000 | 1,000,000 | 4,000,000 | 2,000,000 | 2,000,000 | 1,000,000 | 6,000,000 | 11,000,000 | 8,000,000 | 64,000,000 | 15,000,000 | 31,000,000 | 184,000,000 | 188,000,000 | 211,000,000 | 224,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net otti losses recognized in earnings | -1,000,000 | -2,000,000 | -1,000,000 | -4,250,000 | -2,000,000 | -14,000,000 | -1,000,000 | -14,000,000 | -7,000,000 | -23,000,000 | -40,000,000 | -11,000,000 | -22,000,000 | -36,000,000 | -60,000,000 | -23,000,000 | -55,000,000 | -59,000,000 | -115,000,000 | -108,000,000 | -152,000,000 | -434,000,000 | -536,000,000 | -314,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
other net realized capital gains | 63,000,000 | 90,000,000 | 80,000,000 | 165,000,000 | 39,000,000 | 52,000,000 | -30,000,000 | 17,250,000 | -1,000,000 | 89,000,000 | -3,000,000 | 60,000,000 | -132,000,000 | -4,000,000 | 20,000,000 | -64,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total net realized capital gains | 63,000,000 | 89,000,000 | 80,000,000 | 163,000,000 | 38,000,000 | 52,000,000 | -30,000,000 | 13,000,000 | -3,000,000 | 75,000,000 | 53,000,000 | -155,000,000 | -44,000,000 | 9,000,000 | -86,000,000 | 60,250,000 | 575,000,000 | 69,000,000 | 11,000,000 | -276,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance operating costs and other incomes | 839,000,000 | 1,167,000,000 | 1,141,000,000 | 1,048,000,000 | 912,000,000 | 971,000,000 | 910,000,000 | 947,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations, before tax | 471,000,000 | 653,000,000 | 456,000,000 | 775,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations, net of tax | 548,000,000 | 535,000,000 | 372,000,000 | 630,000,000 | 427,000,000 | 434,000,000 | 428,000,000 | 438,000,000 | 372,000,000 | 413,000,000 | 495,000,000 | 126,000,000 | -3,000,000 | 104,000,000 | 351,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations, net of tax | 5,000,000 | 148,000,000 | 169,000,000 | 9,000,000 | 1,000,000 | 3,000,000 | -80,000,000 | 160,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations, net of tax, available to common stockholders per common share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 1,510,000 | 1,450,000 | 1,030,000 | 1,740,000 | 1,190,000 | 1,210,000 | 1,200,000 | 1,140,000 | 900,000 | 990,000 | 1,100,000 | 260,000 | -30,000 | 210,000 | 770,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 1,490,000 | 1,430,000 | 1,020,000 | 1,710,000 | 1,170,000 | 1,190,000 | 1,180,000 | 1,120,000 | 880,000 | 960,000 | 1,030,000 | 250,000 | -30,000 | 190,000 | 690,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized capital gains: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations before income taxes | 530,000,000 | 537,000,000 | 519,000,000 | 379,000,000 | 470,000,000 | 655,000,000 | 92,000,000 | -104,000,000 | -165,000,000 | 410,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations, net of tax, per common share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 1,510,000 | 1,450,000 | 1,030,000 | 1,740,000 | 1,190,000 | 1,210,000 | 1,200,000 | 1,140,000 | 900,000 | 990,000 | 1,100,000 | 260,000 | -30,000 | 210,000 | 770,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 1,490,000 | 1,430,000 | 1,020,000 | 1,710,000 | 1,170,000 | 1,190,000 | 1,180,000 | 1,120,000 | 880,000 | 960,000 | 1,030,000 | 250,000 | -30,000 | 190,000 | 690,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 1,200,000 | 1,620,000 | 1,670,000 | 390,000 | 650,000 | -110,000 | 1,020,000 | 1,140,000 | 550,000 | 810,000 | 920,000 | 990,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 1,190,000 | 1,600,000 | 1,640,000 | 385,000 | 640,000 | -110,000 | 1,000,000 | 1,120,000 | 540,000 | 790,000 | 900,000 | 960,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash dividends declared per common share | 300,000 | 250,000 | 250,000 | 172,500 | 230,000 | 230,000 | 230,000 | 210,000 | 210,000 | 210,000 | 210,000 | 180,000 | 150,000 | 100,000 | 100,000 | 100,000 | 100,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | 50,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
other net realized capital losses | -19,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total net realized capital losses | -20,000,000 | -17,000,000 | -403,000,000 | -28,000,000 | -261,000,000 | -194,000,000 | -1,219,000,000 | -681,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reinsurance gain on dispositions | -20,000,000 | -8,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | -46,000,000 | 160,000,000 | -253,000,000 | -237,000,000 | -808,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other-than-temporary impairment (“otti”) losses | -42,000,000 | -13,000,000 | -23,000,000 | -42,000,000 | -71,000,000 | -31,000,000 | -119,000,000 | -74,000,000 | -146,000,000 | -292,000,000 | -340,000,000 | -645,000,000 | -760,000,000 | -562,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities available-for-sale and other | 836,000,000 | 998,000,000 | 1,062,000,000 | 1,104,000,000 | 1,116,000,000 | 1,096,000,000 | 1,083,000,000 | 1,153,000,000 | 1,060,000,000 | 1,041,000,000 | 1,049,000,000 | 1,021,000,000 | 920,000,000 | 809,000,000 | 1,103,000,000 | 1,230,000,000 | 1,193,000,000 | 1,307,000,000 | 1,298,000,000 | 1,273,000,000 | 1,242,000,000 | 1,164,000,000 | 1,158,000,000 | 1,127,000,000 | 1,121,000,000 | 1,124,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities, trading | -236,000,000 | 325,000,000 | -1,890,000,000 | -597,000,000 | 803,000,000 | 131,000,000 | 1,043,000,000 | -2,649,000,000 | 701,000,000 | 751,000,000 | 638,000,000 | 2,523,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total net investment income | 600,000,000 | 1,323,000,000 | -828,000,000 | 507,000,000 | 1,919,000,000 | 1,227,000,000 | 2,126,000,000 | -1,496,000,000 | 1,761,000,000 | 1,792,000,000 | 1,687,000,000 | 3,544,000,000 | 196,000,000 | -3,691,000,000 | -2,312,000,000 | 2,383,000,000 | -2,385,000,000 | 706,000,000 | 600,000,000 | 2,570,000,000 | 1,483,000,000 | 2,397,000,000 | 2,349,000,000 | 188,000,000 | 1,581,000,000 | 2,944,000,000 | 2,624,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
net realized capital gains on business dispositions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefits, losses and loss adjustment expenses – returns credited on international variable annuities | -236,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of deferred policy acquisition costs and present value of future profits | 396,000,000 | 608,000,000 | 1,320,000,000 | 835,000,000 | 664,000,000 | 517,000,000 | 438,000,000 | 938,000,000 | 651,000,000 | 647,000,000 | 687,000,000 | 674,000,000 | 2,259,000,000 | 1,070,000,000 | 1,927,000,000 | 806,000,000 | 468,000,000 | 804,000,000 | 476,000,000 | 837,000,000 | 872,000,000 | 1,073,000,000 | 839,000,000 | 829,000,000 | 817,000,000 | 819,000,000 | 812,000,000 | 762,000,000 | 772,000,000 | 754,000,000 | 707,000,000 | 701,000,000 | 679,000,000 | |||||||||||||||||||||||||||||||||||||||||||
reinsurance loss on dispositions, including reduction in goodwill of 156 in 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income available to common shareholders | 495,000,000 | 116,000,000 | -10,000,000 | 13,000,000 | 501,000,000 | 608,000,000 | 656,000,000 | 65,000,000 | -18,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations, net of tax, available to common shareholders per common share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 1,510,000 | 1,450,000 | 1,030,000 | 1,740,000 | 1,190,000 | 1,210,000 | 1,200,000 | 1,140,000 | 900,000 | 990,000 | 1,100,000 | 260,000 | -30,000 | 210,000 | 770,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 1,490,000 | 1,430,000 | 1,020,000 | 1,710,000 | 1,170,000 | 1,190,000 | 1,180,000 | 1,120,000 | 880,000 | 960,000 | 1,030,000 | 250,000 | -30,000 | 190,000 | 690,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income available to common shareholders per common share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 3,080,000 | 4,030,000 | 3,820,000 | 3,490,000 | 2,180,000 | 2,920,000 | 2,600,000 | 2,480,000 | 2,510,000 | 2,540,000 | 2,120,000 | 1,750,000 | 1,690,000 | 1,820,000 | 1,030,000 | 1,330,000 | 1,320,000 | 2,110,000 | 1,380,000 | 2,540,000 | 680,000 | 1,490,000 | 1,260,000 | 1,290,000 | 750,000 | 1,510,000 | 1,450,000 | 1,030,000 | 1,740,000 | 1,100,000 | 260,000 | -20,000 | 30,000 | 1,130,000 | ||||||||||||||||||||||||||||||||||||||||||
diluted | 3,040,000 | 3,980,000 | 3,770,000 | 3,440,000 | 2,150,000 | 2,880,000 | 2,560,000 | 2,440,000 | 2,470,000 | 2,490,000 | 2,090,000 | 1,730,000 | 1,660,000 | 1,790,000 | 1,020,000 | 1,320,000 | 1,300,000 | 2,080,000 | 1,360,000 | 2,510,000 | 670,000 | 1,470,000 | 1,260,000 | 1,290,000 | 740,000 | 1,490,000 | 1,430,000 | 1,020,000 | 1,710,000 | 1,030,000 | 250,000 | -20,000 | 30,000 | 1,010,000 | ||||||||||||||||||||||||||||||||||||||||||
net investment income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized capital gains, excluding net otti losses recognized in earnings | -350,000,000 | 635,000,000 | 92,000,000 | 119,000,000 | -124,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefits, losses and loss adjustment expenses — returns credited on international variable annuities | 324,000,000 | -1,889,000,000 | -597,000,000 | 803,000,000 | 131,000,000 | 1,043,000,000 | -2,649,000,000 | 701,000,000 | 609,250,000 | 638,000,000 | 2,523,000,000 | -724,000,000 | -1,460,000,000 | -3,415,000,000 | 1,153,000,000 | -3,578,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock dividends and accretion of discount | 11,000,000 | 10,000,000 | 11,000,000 | 10,000,000 | 11,000,000 | 10,000,000 | 11,000,000 | 483,000,000 | 62,000,000 | 62,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized capital losses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized capital losses, excluding net otti losses recognized in earnings | -348,000,000 | 31,000,000 | -146,000,000 | 240,000,000 | -683,000,000 | -367,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill impairment | 153,000,000 | 32,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 1,400,000 | 1,480,000 | 150,000 | -420,000 | 1,590,000 | -790,000 | -60,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 1,280,000 | 1,340,000 | 140,000 | -420,000 | 1,590,000 | -790,000 | -60,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
insurance operating costs and expenses | 969,000,000 | 919,000,000 | 947,000,000 | 945,000,000 | 959,000,000 | 898,000,000 | 967,000,000 | 1,029,000,000 | 1,047,000,000 | 950,000,000 | 1,068,000,000 | 973,000,000 | 965,000,000 | 888,000,000 | 894,000,000 | 832,000,000 | 799,000,000 | 727,000,000 | 926,000,000 | 786,000,000 | 804,000,000 | 715,000,000 | 699,000,000 | 719,000,000 | 653,000,000 | 692,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
other expenses | 208,000,000 | 260,000,000 | 216,000,000 | 229,000,000 | 252,000,000 | 189,000,000 | 168,000,000 | 171,000,000 | 182,000,000 | 189,000,000 | 179,000,000 | 164,000,000 | 177,000,000 | 181,000,000 | 239,000,000 | 164,000,000 | 196,000,000 | 170,000,000 | 175,000,000 | 173,000,000 | 154,000,000 | 172,000,000 | 177,000,000 | 155,000,000 | 163,000,000 | 180,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net loss available to common shareholders | -164,000,000 | -377,250,000 | -282,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding | 393,700,000 | 346,300,000 | 356,100,000 | 325,400,000 | 320.8 | 306.7 | 301.1 | 311.7 | 313.8 | 316.3 | 315.4 | 316.8 | 319.6 | 308.8 | 310 | 303.3 | 302.2 | 298 | 299.2 | 297.1 | 294.8 | 292.3 | 293.2 | 292.3 | 289.9 | |||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding and dilutive potential common shares | 393,700,000 | 346,300,000 | 356,100,000 | 325,400,000 | 320.8 | 306.7 | 301.1 | 313.1 | 315.7 | 319.1 | 318 | 319.6 | 322.7 | 315.9 | 316.7 | 312.3 | 310.9 | 305.6 | 307 | 303.9 | 301.3 | 297 | 297.5 | 297.5 | 294.9 | |||||||||||||||||||||||||||||||||||||||||||||||||||
otti losses transferred to other comprehensive income | 248,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities, held for trading | -724,000,000 | 1,234,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | -3.77 | -2.7 | -8.74 | 1.74 | 0.46 | 1.9 | 2.7 | 1.98 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | -3.77 | -2.7 | -8.74 | 1.73 | 0.46 | 1.89 | 2.68 | 1.96 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash dividends declared per share | 0.05 | 0.398 | 0.53 | 0.53 | 0.53 | 0.53 | 0.5 | 0.5 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | 0.3 | 0.29 | 0.29 | 0.29 | 0.29 | 0.28 | 0.28 | 0.28 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities held for trading | -4,500,000,000 | -3,415,000,000 | 1,153,000,000 | -3,578,000,000 | -601,000,000 | -698,000,000 | 210,000,000 | 1,155,000,000 | 1,185,000,000 | -970,000,000 | 454,000,000 | 1,823,000,000 | 1,500,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized capital losses | -816,000,000 | -3,449,000,000 | -282,000,000 | -248,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
securities, available-for-sale and other | 1,336,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic earnings per share | 2.74 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted earnings per share | 2.71 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefits, claims and expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefits, claims and claim adjustment expenses | 2,685,250,000 | 4,491,000,000 | 2,471,000,000 | 3,779,000,000 | 5,206,000,000 | 4,769,000,000 | 3,446,000,000 | 3,355,000,000 | 3,588,000,000 | 3,467,000,000 | 3,288,000,000 | 3,297,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total benefits, claims and expenses | 4,080,250,000 | 6,396,000,000 | 4,366,000,000 | 5,559,000,000 | 7,189,000,000 | 6,602,000,000 | 5,230,000,000 | 5,077,000,000 | 5,280,000,000 | 5,109,000,000 | 4,867,000,000 | 4,914,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes and cumulative effect of accounting change | 548,000,000 | 696,000,000 | 827,000,000 | 914,000,000 | 821,000,000 | 307,000,000 | 577,000,000 | 818,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before cumulative effect of accounting change | 467,000,000 | 539,000,000 | 602,000,000 | 666,000,000 | 620,000,000 | 494,000,000 | 433,000,000 | 591,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cumulative effect of accounting change, net of tax | -23,000,000 |
Balance Sheets:
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 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-09-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-06-30 | 2016-03-31 | 2015-09-30 | 2015-06-30 | 2014-12-31 | 2014-03-31 | 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 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-12-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturities, afs, at fair value | 45,632,000,000 | 46,041,000,000 | 45,203,000,000 | 44,558,000,000 | 44,204,000,000 | 42,567,000,000 | 42,793,000,000 | 40,814,000,000 | 40,840,000,000 | 39,818,000,000 | 37,962,000,000 | 37,497,000,000 | 37,444,000,000 | 36,231,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturities, at fair value using the fair value option | 130,000,000 | 168,000,000 | 191,000,000 | 181,000,000 | 280,000,000 | 308,000,000 | 263,000,000 | 272,000,000 | 292,000,000 | 327,000,000 | 332,000,000 | 320,000,000 | 326,000,000 | 333,000,000 | 335,000,000 | 342,000,000 | 288,000,000 | 1,000,000 | 8,000,000 | 11,000,000 | 39,000,000 | 49,000,000 | 20,000,000 | 24,000,000 | 38,000,000 | 41,000,000 | 82,000,000 | 146,000,000 | 160,000,000 | 411,000,000 | 486,000,000 | 548,000,000 | 553,000,000 | 488,000,000 | 1,009,000,000 | 1,328,000,000 | 1,323,000,000 | 1,227,000,000 | 1,230,000,000 | 649,000,000 | 564,000,000 | ||||||||||||||||||||||||||||||||
equity securities, at fair value | 488,000,000 | 492,000,000 | 570,000,000 | 529,000,000 | 512,000,000 | 603,000,000 | 634,000,000 | 591,000,000 | 736,000,000 | 864,000,000 | 878,000,000 | 895,000,000 | 1,301,000,000 | 1,801,000,000 | 1,678,000,000 | 1,728,000,000 | 1,910,000,000 | 2,094,000,000 | 1,616,000,000 | 1,693,000,000 | 1,632,000,000 | 1,438,000,000 | 819,000,000 | 756,000,000 | 1,155,000,000 | 1,657,000,000 | 1,414,000,000 | 1,533,000,000 | 1,275,000,000 | 1,035,000,000 | 1,123,000,000 | ||||||||||||||||||||||||||||||||||||||||||
mortgage loans | 7,015,000,000 | 6,837,000,000 | 6,619,000,000 | 6,463,000,000 | 6,356,000,000 | 6,396,000,000 | 6,415,000,000 | 6,357,000,000 | 6,197,000,000 | 6,087,000,000 | 6,016,000,000 | 6,020,000,000 | 6,047,000,000 | 6,000,000,000 | 5,931,000,000 | 5,852,000,000 | 5,699,000,000 | 5,383,000,000 | 5,106,000,000 | 4,876,000,000 | 4,588,000,000 | 4,493,000,000 | 4,461,000,000 | 4,399,000,000 | 4,353,000,000 | 4,215,000,000 | 3,736,000,000 | 3,612,000,000 | 3,637,000,000 | 3,559,000,000 | 3,221,000,000 | 3,175,000,000 | 6,058,000,000 | 5,796,000,000 | 5,685,000,000 | 5,659,000,000 | 5,637,000,000 | 5,552,000,000 | 5,693,000,000 | 5,556,000,000 | 5,707,000,000 | 5,728,000,000 | 5,590,000,000 | 5,304,000,000 | 4,736,000,000 | 4,489,000,000 | 4,684,000,000 | 4,673,000,000 | 5,162,000,000 | 5,938,000,000 | 6,328,000,000 | ||||||||||||||||||||||
limited partnerships and other alternative investments | 5,948,000,000 | 5,804,000,000 | 5,560,000,000 | 5,325,000,000 | 5,149,000,000 | 5,042,000,000 | 5,019,000,000 | 4,905,000,000 | 4,866,000,000 | 4,785,000,000 | 4,664,000,000 | 4,527,000,000 | 4,315,000,000 | 4,177,000,000 | 4,108,000,000 | 3,856,000,000 | 3,659,000,000 | 3,353,000,000 | 2,961,000,000 | 2,565,000,000 | 2,326,000,000 | 2,082,000,000 | 1,868,000,000 | 1,826,000,000 | 1,839,000,000 | 1,758,000,000 | 1,770,000,000 | 1,734,000,000 | 1,719,000,000 | 1,712,000,000 | 1,649,000,000 | 1,588,000,000 | 2,533,000,000 | 2,445,000,000 | 2,418,000,000 | 2,578,000,000 | 2,654,000,000 | 3,067,000,000 | 3,033,000,000 | 2,942,000,000 | 3,021,000,000 | 2,532,000,000 | 2,506,000,000 | 2,028,000,000 | 1,972,000,000 | 1,918,000,000 | 1,819,000,000 | 1,774,000,000 | 1,736,000,000 | 1,790,000,000 | 1,812,000,000 | 1,838,000,000 | 1,981,000,000 | 2,295,000,000 | 2,817,000,000 | ||||||||||||||||||
other investments | 305,000,000 | 262,000,000 | 206,000,000 | 198,000,000 | 227,000,000 | 226,000,000 | 262,000,000 | 250,000,000 | 201,000,000 | 191,000,000 | 168,000,000 | 173,000,000 | 174,000,000 | 159,000,000 | 168,000,000 | 203,000,000 | 225,000,000 | 375,000,000 | 337,000,000 | 232,000,000 | 207,000,000 | 201,000,000 | 187,000,000 | 178,000,000 | 294,000,000 | 320,000,000 | 302,000,000 | 311,000,000 | 222,000,000 | 98,000,000 | 92,000,000 | 96,000,000 | 365,000,000 | 355,000,000 | 340,000,000 | 495,000,000 | 280,000,000 | 455,000,000 | 460,000,000 | 536,000,000 | 340,000,000 | 2,394,000,000 | 2,857,000,000 | 973,000,000 | 640,000,000 | 1,617,000,000 | 1,427,000,000 | 2,293,000,000 | 941,000,000 | 602,000,000 | 1,679,000,000 | 1,107,000,000 | 3,121,000,000 | 1,723,000,000 | 1,410,000,000 | 3,798,000,000 | 3,806,000,000 | 3,181,000,000 | 2,738,000,000 | 2,505,000,000 | 2,246,000,000 | 1,917,000,000 | 1,763,000,000 | 1,628,000,000 | 1,352,000,000 | 1,253,000,000 | 2,499,000,000 | 2,593,000,000 | 2,230,000,000 | 2,180,000,000 | 2,096,000,000 | 1,917,000,000 | 1,845,000,000 |
short-term investments | 4,223,000,000 | 4,353,000,000 | 4,219,000,000 | 3,649,000,000 | 3,366,000,000 | 4,068,000,000 | 3,964,000,000 | 3,701,000,000 | 2,975,000,000 | 3,850,000,000 | 3,300,000,000 | 3,236,000,000 | 4,060,000,000 | 3,859,000,000 | 2,724,000,000 | 2,524,000,000 | 3,937,000,000 | 3,697,000,000 | 3,612,000,000 | 3,398,000,000 | 3,367,000,000 | 3,283,000,000 | 3,399,000,000 | 3,668,000,000 | 2,505,000,000 | 2,921,000,000 | 2,927,000,000 | 2,364,000,000 | 4,203,000,000 | 3,540,000,000 | 2,385,000,000 | 2,270,000,000 | 3,756,000,000 | 4,716,000,000 | 4,595,000,000 | 2,497,000,000 | 1,918,000,000 | 3,433,000,000 | 3,278,000,000 | 4,883,000,000 | 4,042,000,000 | 7,736,000,000 | 9,704,000,000 | 8,861,000,000 | 7,330,000,000 | 8,528,000,000 | 9,517,000,000 | 8,731,000,000 | 8,545,000,000 | 10,357,000,000 | 13,910,000,000 | 12,701,000,000 | 11,189,000,000 | 10,022,000,000 | 5,353,000,000 | 5,127,000,000 | 3,568,000,000 | 1,602,000,000 | |||||||||||||||
total investments | 63,741,000,000 | 63,957,000,000 | 62,568,000,000 | 60,903,000,000 | 60,094,000,000 | 59,210,000,000 | 59,350,000,000 | 56,890,000,000 | 56,107,000,000 | 55,922,000,000 | 53,320,000,000 | 52,668,000,000 | 53,667,000,000 | 52,560,000,000 | 50,661,000,000 | 52,392,000,000 | 55,951,000,000 | 57,749,000,000 | 57,574,000,000 | 56,787,000,000 | 55,727,000,000 | 56,532,000,000 | 54,778,000,000 | 53,028,000,000 | 50,359,000,000 | 53,030,000,000 | 52,577,000,000 | 50,769,000,000 | 47,895,000,000 | 46,134,000,000 | 44,432,000,000 | 45,146,000,000 | 72,993,000,000 | 73,780,000,000 | 72,189,000,000 | 75,144,000,000 | 73,910,000,000 | 74,405,000,000 | 74,440,000,000 | 76,278,000,000 | 97,084,000,000 | 134,948,000,000 | 136,178,000,000 | 132,072,000,000 | 129,689,000,000 | 130,995,000,000 | 133,590,000,000 | 128,071,000,000 | 127,351,000,000 | 125,556,000,000 | 129,439,000,000 | 121,361,000,000 | 116,333,000,000 | 120,107,000,000 | 123,437,000,000 | 131,493,000,000 | 131,475,000,000 | 131,086,000,000 | 129,192,000,000 | 125,317,000,000 | 122,943,000,000 | 119,173,000,000 | 114,724,000,000 | 110,831,000,000 | 108,819,000,000 | 106,935,000,000 | 103,617,000,000 | 100,624,000,000 | 96,508,000,000 | 94,408,000,000 | 90,372,000,000 | 84,849,000,000 | 85,757,000,000 |
cash | 166,000,000 | 133,000,000 | 150,000,000 | 166,000,000 | 138,000,000 | 183,000,000 | 223,000,000 | 154,000,000 | 274,000,000 | 126,000,000 | 111,000,000 | 150,000,000 | 152,000,000 | 229,000,000 | 175,000,000 | 258,000,000 | 223,000,000 | 205,000,000 | 232,000,000 | 177,000,000 | 176,000,000 | 151,000,000 | 173,000,000 | 291,000,000 | 211,000,000 | 185,000,000 | 207,000,000 | 226,000,000 | 104,000,000 | 102,000,000 | 228,000,000 | 180,000,000 | 333,000,000 | 362,000,000 | 337,000,000 | 461,000,000 | 479,000,000 | 665,000,000 | 493,000,000 | 399,000,000 | 1,285,000,000 | 2,581,000,000 | 2,589,000,000 | 1,898,000,000 | 2,317,000,000 | 2,062,000,000 | 1,707,000,000 | 2,998,000,000 | 2,079,000,000 | 2,142,000,000 | 2,417,000,000 | 2,558,000,000 | 1,851,000,000 | 1,811,000,000 | 1,963,000,000 | 2,084,000,000 | 2,248,000,000 | 2,011,000,000 | 1,952,000,000 | 1,624,000,000 | 1,790,000,000 | 1,424,000,000 | 1,355,000,000 | 1,081,000,000 | 1,394,000,000 | 1,273,000,000 | 1,481,000,000 | 1,027,000,000 | 1,439,000,000 | 1,148,000,000 | 819,000,000 | 695,000,000 | 638,000,000 |
restricted cash | 54,000,000 | 44,000,000 | 56,000,000 | 53,000,000 | 78,000,000 | 51,000,000 | 58,000,000 | 56,000,000 | 48,000,000 | 63,000,000 | 70,000,000 | 72,000,000 | 66,000,000 | 115,000,000 | 110,000,000 | 90,000,000 | 83,000,000 | 132,000,000 | 165,000,000 | 131,000,000 | 104,000,000 | 88,000,000 | 97,000,000 | 81,000,000 | 90,000,000 | 77,000,000 | 83,000,000 | 57,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
accrued investment income | 480,000,000 | 474,000,000 | 472,000,000 | 465,000,000 | 461,000,000 | 450,000,000 | 445,000,000 | 429,000,000 | 415,000,000 | 404,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
premiums receivable and agents' balances | 6,729,000,000 | 6,316,000,000 | 6,555,000,000 | 6,698,000,000 | 6,386,000,000 | 5,998,000,000 | 6,151,000,000 | 6,335,000,000 | 5,988,000,000 | 5,607,000,000 | 5,535,000,000 | 5,578,000,000 | 5,271,000,000 | 4,949,000,000 | 4,990,000,000 | 4,996,000,000 | 4,787,000,000 | 4,445,000,000 | 4,598,000,000 | 4,622,000,000 | 4,487,000,000 | 4,268,000,000 | 4,450,000,000 | 4,595,000,000 | 4,558,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
reinsurance recoverables | 7,076,000,000 | 7,191,000,000 | 7,091,000,000 | 7,100,000,000 | 7,185,000,000 | 7,140,000,000 | 7,052,000,000 | 7,059,000,000 | 7,094,000,000 | 7,104,000,000 | 6,963,000,000 | 6,912,000,000 | 6,930,000,000 | 6,966,000,000 | 6,644,000,000 | 6,726,000,000 | 6,626,000,000 | 6,523,000,000 | 6,247,000,000 | 6,217,000,000 | 6,083,000,000 | 6,011,000,000 | 5,668,000,000 | 5,640,000,000 | 5,596,000,000 | 5,527,000,000 | 5,333,000,000 | 5,394,000,000 | 4,341,000,000 | 3,931,000,000 | 4,039,000,000 | 4,061,000,000 | 23,323,000,000 | 23,265,000,000 | 23,405,000,000 | 23,152,000,000 | 23,125,000,000 | 23,087,000,000 | 22,891,000,000 | 22,920,000,000 | 23,139,000,000 | 4,768,000,000 | 5,253,000,000 | 4,851,000,000 | 4,981,000,000 | 4,862,000,000 | 5,242,000,000 | 5,485,000,000 | 5,179,000,000 | 5,384,000,000 | 5,604,000,000 | 5,848,000,000 | 6,514,000,000 | 6,357,000,000 | 5,675,000,000 | 5,148,000,000 | 5,210,000,000 | 5,150,000,000 | 5,163,000,000 | 5,131,000,000 | 5,485,000,000 | 5,571,000,000 | 5,037,000,000 | 5,270,000,000 | 6,066,000,000 | 6,360,000,000 | 6,028,000,000 | 5,695,000,000 | 5,953,000,000 | 6,178,000,000 | 5,852,000,000 | 5,655,000,000 | 5,968,000,000 |
deferred policy acquisition costs | 1,394,000,000 | 1,347,000,000 | 1,379,000,000 | 1,362,000,000 | 1,287,000,000 | 1,239,000,000 | 1,270,000,000 | 1,245,000,000 | 1,169,000,000 | 1,113,000,000 | 1,124,000,000 | 1,096,000,000 | 1,055,000,000 | 1,002,000,000 | 1,008,000,000 | 975,000,000 | 941,000,000 | 881,000,000 | 883,000,000 | 852,000,000 | 827,000,000 | 789,000,000 | 808,000,000 | 812,000,000 | 818,000,000 | 785,000,000 | 772,000,000 | 722,000,000 | 688,000,000 | 670,000,000 | 663,000,000 | 650,000,000 | 1,635,000,000 | 1,648,000,000 | 1,693,000,000 | 1,637,000,000 | 1,694,000,000 | 1,710,000,000 | 1,786,000,000 | 1,823,000,000 | |||||||||||||||||||||||||||||||||
deferred income taxes | 922,000,000 | 901,000,000 | 866,000,000 | 1,094,000,000 | 1,098,000,000 | 1,229,000,000 | 976,000,000 | 1,234,000,000 | 1,182,000,000 | 1,173,000,000 | 1,486,000,000 | 1,342,000,000 | 1,260,000,000 | 1,449,000,000 | 1,507,000,000 | 1,191,000,000 | 706,000,000 | 270,000,000 | 209,000,000 | 151,000,000 | 205,000,000 | 46,000,000 | 49,000,000 | 130,000,000 | 502,000,000 | 299,000,000 | 376,000,000 | 615,000,000 | 921,000,000 | 1,244,000,000 | 1,215,000,000 | 1,164,000,000 | 2,766,000,000 | 2,868,000,000 | 3,105,000,000 | 2,562,000,000 | 2,868,000,000 | 3,062,000,000 | 3,056,000,000 | 2,897,000,000 | 3,211,000,000 | 1,398,000,000 | 1,611,000,000 | 3,362,000,000 | 3,401,000,000 | 3,725,000,000 | 1,721,000,000 | 2,828,000,000 | 3,322,000,000 | 3,940,000,000 | 3,820,000,000 | 5,321,000,000 | 6,300,000,000 | 5,239,000,000 | 3,560,000,000 | 1,259,000,000 | 956,000,000 | 308,000,000 | 279,000,000 | 558,000,000 | 142,000,000 | 284,000,000 | 472,000,000 | 1,123,000,000 | 884,000,000 | 675,000,000 | 459,000,000 | 52,000,000 | 550,000,000 | 419,000,000 | 487,000,000 | 987,000,000 | |
goodwill | 1,911,000,000 | 1,911,000,000 | 1,911,000,000 | 1,911,000,000 | 1,911,000,000 | 1,911,000,000 | 1,911,000,000 | 1,911,000,000 | 1,911,000,000 | 1,911,000,000 | 1,911,000,000 | 1,911,000,000 | 1,911,000,000 | 1,911,000,000 | 1,911,000,000 | 1,911,000,000 | 1,911,000,000 | 1,911,000,000 | 1,911,000,000 | 1,911,000,000 | 1,911,000,000 | 1,911,000,000 | 1,911,000,000 | 1,911,000,000 | 1,913,000,000 | 1,913,000,000 | 1,913,000,000 | 1,913,000,000 | 1,290,000,000 | 1,290,000,000 | 1,290,000,000 | 1,290,000,000 | 567,000,000 | 567,000,000 | 567,000,000 | 498,000,000 | 498,000,000 | 498,000,000 | 498,000,000 | 498,000,000 | 498,000,000 | 1,006,000,000 | 1,036,000,000 | 1,036,000,000 | 1,051,000,000 | 1,051,000,000 | 1,051,000,000 | 1,051,000,000 | 1,204,000,000 | 1,204,000,000 | 1,204,000,000 | 1,204,000,000 | 1,036,000,000 | 1,060,000,000 | 1,801,000,000 | 1,788,000,000 | 1,788,000,000 | 1,726,000,000 | 1,726,000,000 | 1,726,000,000 | 1,726,000,000 | 1,717,000,000 | 1,720,000,000 | 1,720,000,000 | 1,720,000,000 | 1,720,000,000 | 1,720,000,000 | 1,720,000,000 | 1,720,000,000 | 1,720,000,000 | 1,720,000,000 | 1,720,000,000 | 1,720,000,000 |
property and equipment | 923,000,000 | 931,000,000 | 925,000,000 | 906,000,000 | 909,000,000 | 888,000,000 | 871,000,000 | 878,000,000 | 879,000,000 | 896,000,000 | 894,000,000 | 884,000,000 | 904,000,000 | 927,000,000 | 941,000,000 | 970,000,000 | 995,000,000 | 1,027,000,000 | 1,047,000,000 | 1,067,000,000 | 1,092,000,000 | 1,122,000,000 | 1,144,000,000 | 1,135,000,000 | 1,161,000,000 | 1,181,000,000 | 1,194,000,000 | 1,222,000,000 | 1,145,000,000 | 997,000,000 | 1,018,000,000 | 1,034,000,000 | 962,000,000 | 974,000,000 | 984,000,000 | 1,005,000,000 | 995,000,000 | 932,000,000 | 874,000,000 | 831,000,000 | 870,000,000 | 1,029,000,000 | 1,029,000,000 | 1,020,000,000 | 1,132,000,000 | 1,150,000,000 | 1,143,000,000 | 1,150,000,000 | 1,032,000,000 | 1,026,000,000 | 1,032,000,000 | 1,024,000,000 | 1,062,000,000 | 1,075,000,000 | 1,038,000,000 | 1,022,000,000 | 994,000,000 | 972,000,000 | 941,000,000 | 910,000,000 | 815,000,000 | 791,000,000 | 753,000,000 | 717,000,000 | 691,000,000 | 683,000,000 | 675,000,000 | 657,000,000 | 658,000,000 | 643,000,000 | |||
other intangible assets | 549,000,000 | 566,000,000 | 584,000,000 | 602,000,000 | 619,000,000 | 637,000,000 | 654,000,000 | 672,000,000 | 690,000,000 | 707,000,000 | 725,000,000 | 743,000,000 | 760,000,000 | 778,000,000 | 796,000,000 | 813,000,000 | 835,000,000 | 858,000,000 | 881,000,000 | 904,000,000 | 927,000,000 | 950,000,000 | 973,000,000 | 996,000,000 | 1,028,000,000 | 1,070,000,000 | 1,126,000,000 | 1,191,000,000 | 644,000,000 | 651,000,000 | 687,000,000 | 659,000,000 | |||||||||||||||||||||||||||||||||||||||||
other assets | 2,377,000,000 | 2,226,000,000 | 2,438,000,000 | 2,379,000,000 | 2,141,000,000 | 1,981,000,000 | 2,258,000,000 | 2,183,000,000 | 1,953,000,000 | 1,754,000,000 | 2,377,000,000 | 2,539,000,000 | 2,273,000,000 | 2,136,000,000 | 3,058,000,000 | 2,080,000,000 | 2,194,000,000 | 2,577,000,000 | 2,376,000,000 | 1,733,000,000 | 2,497,000,000 | 2,066,000,000 | 2,101,000,000 | 2,371,000,000 | 2,488,000,000 | 2,366,000,000 | 2,095,000,000 | 2,637,000,000 | 2,136,000,000 | 2,393,000,000 | 2,549,000,000 | 2,230,000,000 | 2,202,000,000 | 1,807,000,000 | 1,839,000,000 | 1,681,000,000 | 1,958,000,000 | 1,859,000,000 | 1,905,000,000 | 1,236,000,000 | 2,786,000,000 | 2,274,000,000 | 1,725,000,000 | 2,743,000,000 | 2,685,000,000 | 1,629,000,000 | 2,497,000,000 | 4,624,000,000 | 3,245,000,000 | 3,981,000,000 | 2,724,000,000 | 3,148,000,000 | 2,689,000,000 | 4,898,000,000 | 4,083,000,000 | 3,628,000,000 | 3,729,000,000 | 3,739,000,000 | 4,060,000,000 | 3,988,000,000 | 3,957,000,000 | 3,323,000,000 | 3,818,000,000 | 3,426,000,000 | 3,454,000,000 | 3,600,000,000 | 3,562,000,000 | 3,561,000,000 | 3,805,000,000 | 3,452,000,000 | 3,970,000,000 | 3,961,000,000 | 5,315,000,000 |
total assets | 86,322,000,000 | 85,997,000,000 | 84,995,000,000 | 83,639,000,000 | 82,307,000,000 | 80,917,000,000 | 81,219,000,000 | 79,046,000,000 | 77,710,000,000 | 76,780,000,000 | 74,516,000,000 | 73,895,000,000 | 74,249,000,000 | 73,022,000,000 | 71,801,000,000 | 72,402,000,000 | 75,252,000,000 | 76,578,000,000 | 76,290,000,000 | 74,732,000,000 | 74,201,000,000 | 74,111,000,000 | 72,319,000,000 | 70,990,000,000 | 68,724,000,000 | 70,817,000,000 | 70,256,000,000 | 69,472,000,000 | 63,324,000,000 | 61,437,000,000 | 216,666,000,000 | 225,260,000,000 | 224,211,000,000 | 225,863,000,000 | 225,388,000,000 | 227,616,000,000 | 227,493,000,000 | 231,453,000,000 | 241,020,000,000 | 245,013,000,000 | 272,923,000,000 | 304,064,000,000 | 305,598,000,000 | 317,469,000,000 | 322,538,000,000 | 318,346,000,000 | 313,926,000,000 | 314,150,000,000 | 317,282,000,000 | 307,717,000,000 | 316,720,000,000 | 289,700,000,000 | 276,168,000,000 | 287,583,000,000 | 311,485,000,000 | 333,840,000,000 | 344,168,000,000 | 360,361,000,000 | 356,455,000,000 | 345,646,000,000 | 332,711,000,000 | 326,710,000,000 | 304,794,000,000 | 294,938,000,000 | 295,375,000,000 | 285,557,000,000 | 280,465,000,000 | 268,382,000,000 | 261,420,000,000 | 259,735,000,000 | 246,489,000,000 | 240,222,000,000 | 237,264,000,000 |
liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unpaid losses and loss adjustment expenses | 46,723,000,000 | 46,268,000,000 | 45,820,000,000 | 45,482,000,000 | 45,266,000,000 | 44,610,000,000 | 43,881,000,000 | 43,323,000,000 | 42,771,000,000 | 42,318,000,000 | 41,686,000,000 | 41,219,000,000 | 41,582,000,000 | 41,243,000,000 | 40,601,000,000 | 40,032,000,000 | 39,759,000,000 | 39,659,000,000 | 39,378,000,000 | 38,702,000,000 | 38,540,000,000 | 37,855,000,000 | 37,306,000,000 | 36,870,000,000 | 36,582,000,000 | 36,517,000,000 | 36,188,000,000 | 36,104,000,000 | 32,973,000,000 | 32,297,000,000 | 32,213,000,000 | 32,287,000,000 | 28,232,000,000 | 27,839,000,000 | 27,687,000,000 | ||||||||||||||||||||||||||||||||||||||
reserve for future policy benefits | 451,000,000 | 444,000,000 | 456,000,000 | 443,000,000 | 449,000,000 | 448,000,000 | 470,000,000 | 464,000,000 | 479,000,000 | 484,000,000 | 463,000,000 | 489,000,000 | 508,000,000 | 561,000,000 | 567,000,000 | 576,000,000 | 582,000,000 | 596,000,000 | 602,000,000 | 611,000,000 | 641,000,000 | 638,000,000 | 650,000,000 | 652,000,000 | 629,000,000 | 635,000,000 | 645,000,000 | 644,000,000 | 648,000,000 | 656,000,000 | 678,000,000 | 713,000,000 | 14,247,000,000 | 14,156,000,000 | 14,051,000,000 | ||||||||||||||||||||||||||||||||||||||
other policyholder funds and benefits payable | 612,000,000 | 612,000,000 | 614,000,000 | 612,000,000 | 611,000,000 | 614,000,000 | 613,000,000 | 622,000,000 | 633,000,000 | 638,000,000 | 645,000,000 | 647,000,000 | 647,000,000 | 658,000,000 | 659,000,000 | 664,000,000 | 677,000,000 | 687,000,000 | 685,000,000 | 685,000,000 | 681,000,000 | 701,000,000 | 711,000,000 | 750,000,000 | 758,000,000 | 755,000,000 | 764,000,000 | 790,000,000 | 742,000,000 | 775,000,000 | 800,000,000 | 816,000,000 | 30,151,000,000 | 30,466,000,000 | 30,863,000,000 | 31,389,000,000 | 31,525,000,000 | 31,923,000,000 | 31,871,000,000 | 32,532,000,000 | 38,430,000,000 | 45,612,000,000 | 45,868,000,000 | 44,073,000,000 | 43,891,000,000 | 44,550,000,000 | 45,889,000,000 | 46,394,000,000 | 45,388,000,000 | 45,852,000,000 | 47,996,000,000 | 49,257,000,000 | 52,952,000,000 | 53,753,000,000 | 47,208,000,000 | 46,563,000,000 | 46,460,000,000 | 80,342,000,000 | 78,925,000,000 | 74,796,000,000 | 73,465,000,000 | 71,311,000,000 | 69,296,000,000 | 67,767,000,000 | 66,602,000,000 | 64,452,000,000 | 61,535,000,000 | 57,481,000,000 | 55,459,000,000 | 52,833,000,000 | 49,347,000,000 | 46,605,000,000 | 45,321,000,000 |
unearned premiums | 10,451,000,000 | 10,053,000,000 | 10,373,000,000 | 10,337,000,000 | 9,874,000,000 | 9,408,000,000 | 9,599,000,000 | 9,521,000,000 | 9,020,000,000 | 8,599,000,000 | 8,680,000,000 | 8,589,000,000 | 8,247,000,000 | 7,815,000,000 | 7,934,000,000 | 7,838,000,000 | 7,550,000,000 | 7,194,000,000 | 7,268,000,000 | 7,167,000,000 | 6,958,000,000 | 6,629,000,000 | 6,761,000,000 | 6,872,000,000 | 6,810,000,000 | 6,635,000,000 | 6,820,000,000 | 6,833,000,000 | 5,482,000,000 | 5,388,000,000 | 5,450,000,000 | 5,322,000,000 | 5,528,000,000 | 5,573,000,000 | 5,609,000,000 | 5,538,000,000 | 5,497,000,000 | 5,508,000,000 | 5,463,000,000 | 5,255,000,000 | 5,326,000,000 | 5,222,000,000 | 5,409,000,000 | 5,315,000,000 | 5,314,000,000 | 5,176,000,000 | 5,296,000,000 | 5,291,000,000 | 5,293,000,000 | 5,221,000,000 | 5,324,000,000 | 5,333,000,000 | 5,366,000,000 | 5,379,000,000 | 5,523,000,000 | 5,530,000,000 | 5,551,000,000 | 5,545,000,000 | 5,677,000,000 | 5,704,000,000 | 5,657,000,000 | 5,620,000,000 | 5,670,000,000 | 5,660,000,000 | 5,672,000,000 | 5,566,000,000 | 5,111,000,000 | 5,038,000,000 | 4,943,000,000 | 4,807,000,000 | 4,911,000,000 | 4,843,000,000 | 4,612,000,000 |
long-term debt | 4,372,000,000 | 4,371,000,000 | 4,370,000,000 | 4,369,000,000 | 4,368,000,000 | 4,366,000,000 | 4,365,000,000 | 4,364,000,000 | 4,363,000,000 | 4,362,000,000 | 4,361,000,000 | 4,360,000,000 | 4,358,000,000 | 4,357,000,000 | 4,356,000,000 | 4,355,000,000 | 4,354,000,000 | 4,944,000,000 | 4,943,000,000 | 4,354,000,000 | 4,353,000,000 | 4,352,000,000 | 4,351,000,000 | 4,350,000,000 | 4,349,000,000 | 4,348,000,000 | 4,346,000,000 | 4,050,000,000 | 3,767,000,000 | 4,263,000,000 | 4,755,000,000 | 4,678,000,000 | 4,818,000,000 | 4,817,000,000 | 4,817,000,000 | 4,634,000,000 | 4,633,000,000 | 5,359,000,000 | 5,358,000,000 | 5,653,000,000 | 5,818,000,000 | 6,216,000,000 | 6,217,000,000 | 6,214,000,000 | 6,210,000,000 | 6,207,000,000 | 6,603,000,000 | 6,600,000,000 | 6,597,000,000 | 5,496,000,000 | 5,493,000,000 | 5,490,000,000 | 5,757,000,000 | 5,823,000,000 | 4,620,000,000 | 4,618,000,000 | 3,618,000,000 | 3,142,000,000 | 3,670,000,000 | 4,119,000,000 | 4,004,000,000 | 3,504,000,000 | 3,081,000,000 | 3,380,000,000 | 4,045,000,000 | 4,048,000,000 | 4,053,000,000 | 4,061,000,000 | 4,300,000,000 | 4,308,000,000 | 4,312,000,000 | 4,304,000,000 | 4,580,000,000 |
other liabilities | 4,824,000,000 | 5,270,000,000 | 4,912,000,000 | 4,878,000,000 | 4,895,000,000 | 5,024,000,000 | 5,283,000,000 | 5,072,000,000 | 4,976,000,000 | 5,052,000,000 | 5,002,000,000 | 4,439,000,000 | 4,567,000,000 | 4,757,000,000 | 4,729,000,000 | 4,711,000,000 | 5,842,000,000 | 5,655,000,000 | 5,401,000,000 | 4,805,000,000 | 5,178,000,000 | 5,222,000,000 | 4,585,000,000 | 4,424,000,000 | 4,330,000,000 | 5,157,000,000 | 4,915,000,000 | 5,259,000,000 | 4,873,000,000 | 4,916,000,000 | 5,020,000,000 | 5,188,000,000 | 8,056,000,000 | 8,658,000,000 | 7,789,000,000 | 6,782,000,000 | 6,833,000,000 | 6,973,000,000 | 6,945,000,000 | 6,251,000,000 | 5,684,000,000 | 8,443,000,000 | 8,883,000,000 | 9,518,000,000 | 9,582,000,000 | 9,187,000,000 | 8,266,000,000 | 11,470,000,000 | 9,280,000,000 | 9,454,000,000 | 9,643,000,000 | 9,823,000,000 | 9,688,000,000 | 12,089,000,000 | 12,560,000,000 | 12,089,000,000 | 12,025,000,000 | 12,524,000,000 | 12,607,000,000 | 12,958,000,000 | 11,863,000,000 | 10,051,000,000 | 9,607,000,000 | 9,617,000,000 | 9,369,000,000 | 9,319,000,000 | 9,113,000,000 | 9,247,000,000 | 9,709,000,000 | 9,330,000,000 | 8,879,000,000 | 8,425,000,000 | 9,596,000,000 |
total liabilities | 67,433,000,000 | 67,018,000,000 | 66,545,000,000 | 66,121,000,000 | 65,463,000,000 | 64,470,000,000 | 64,211,000,000 | 63,366,000,000 | 62,242,000,000 | 61,453,000,000 | 60,837,000,000 | 59,743,000,000 | 59,909,000,000 | 59,391,000,000 | 58,846,000,000 | 58,176,000,000 | 59,355,000,000 | 58,735,000,000 | 58,428,000,000 | 56,488,000,000 | 56,499,000,000 | 55,555,000,000 | 54,517,000,000 | 53,918,000,000 | 53,458,000,000 | 54,547,000,000 | 54,178,000,000 | 54,180,000,000 | 48,984,000,000 | 48,708,000,000 | 203,523,000,000 | 211,766,000,000 | 206,978,000,000 | 208,575,000,000 | 208,379,000,000 | 209,057,000,000 | 209,381,000,000 | 213,249,000,000 | 222,793,000,000 | 226,293,000,000 | 253,149,000,000 | 281,154,000,000 | 282,817,000,000 | 295,794,000,000 | 301,539,000,000 | 298,035,000,000 | 293,017,000,000 | 295,259,000,000 | 299,442,000,000 | 289,823,000,000 | 299,239,000,000 | 276,238,000,000 | 268,281,000,000 | 278,315,000,000 | 298,928,000,000 | 317,016,000,000 | 326,332,000,000 | 341,157,000,000 | 337,505,000,000 | 326,998,000,000 | 313,860,000,000 | 307,834,000,000 | 287,061,000,000 | 279,555,000,000 | 279,965,000,000 | 270,232,000,000 | 265,155,000,000 | 252,792,000,000 | 247,209,000,000 | 245,497,000,000 | 232,839,000,000 | 227,947,000,000 | 223,727,000,000 |
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at march 31, 2026 and december 31, 2025, aggregate liquidation preference of 345 | 334,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 5,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 4,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | ||||||||||||||
additional paid-in capital | 487,000,000 | 549,000,000 | 533,000,000 | 527,000,000 | 524,000,000 | 578,000,000 | 564,000,000 | 558,000,000 | 551,000,000 | 648,000,000 | 1,869,000,000 | 1,864,000,000 | 1,847,000,000 | 1,895,000,000 | 3,277,000,000 | 3,264,000,000 | 3,249,000,000 | 3,309,000,000 | 4,339,000,000 | 4,330,000,000 | 4,310,000,000 | 4,322,000,000 | 4,310,000,000 | 4,299,000,000 | 4,286,000,000 | 4,312,000,000 | 4,302,000,000 | 4,300,000,000 | 4,329,000,000 | 4,385,000,000 | 4,363,000,000 | 4,379,000,000 | 5,191,000,000 | 5,195,000,000 | 5,177,000,000 | 8,897,000,000 | 8,885,000,000 | 8,956,000,000 | 8,983,000,000 | 9,123,000,000 | 9,549,000,000 | 10,391,000,000 | 10,395,000,000 | 10,393,000,000 | 10,391,000,000 | 10,448,000,000 | 10,455,000,000 | 10,470,000,000 | 10,475,000,000 | 8,985,000,000 | 8,976,000,000 | 8,190,000,000 | 7,600,000,000 | 7,569,000,000 | 6,598,000,000 | 6,591,000,000 | 6,581,000,000 | 6,627,000,000 | 6,585,000,000 | 6,541,000,000 | 6,435,000,000 | 6,321,000,000 | 5,912,000,000 | 5,183,000,000 | 5,096,000,000 | 5,067,000,000 | 4,925,000,000 | 4,830,000,000 | 4,696,000,000 | 4,567,000,000 | 4,527,000,000 | 4,494,000,000 | 4,419,000,000 |
retained earnings | 25,424,000,000 | 24,739,000,000 | 23,779,000,000 | 22,850,000,000 | 22,007,000,000 | 21,531,000,000 | 20,834,000,000 | 20,209,000,000 | 19,614,000,000 | 19,007,000,000 | 18,382,000,000 | 17,865,000,000 | 17,454,000,000 | 17,048,000,000 | 16,598,000,000 | 16,388,000,000 | 16,077,000,000 | 15,764,000,000 | 15,169,000,000 | 14,813,000,000 | 14,036,000,000 | 13,918,000,000 | 13,503,000,000 | 13,167,000,000 | 12,819,000,000 | 12,685,000,000 | 12,251,000,000 | 11,836,000,000 | 11,572,000,000 | 10,973,000,000 | 10,156,000,000 | 9,642,000,000 | 13,434,000,000 | 13,282,000,000 | 13,406,000,000 | 12,923,000,000 | 12,789,000,000 | 12,215,000,000 | 11,921,000,000 | 11,191,000,000 | 11,111,000,000 | 12,519,000,000 | 12,447,000,000 | 12,503,000,000 | 12,533,000,000 | 12,077,000,000 | 11,488,000,000 | 11,049,000,000 | 11,006,000,000 | 11,164,000,000 | 10,689,000,000 | 10,991,000,000 | 10,111,000,000 | 11,336,000,000 | 12,249,000,000 | 15,039,000,000 | 14,661,000,000 | 14,686,000,000 | 14,260,000,000 | 13,564,000,000 | 13,095,000,000 | 12,421,000,000 | 11,800,000,000 | 11,167,000,000 | 10,814,000,000 | 10,207,000,000 | 9,831,000,000 | 9,379,000,000 | 8,863,000,000 | 8,283,000,000 | 7,749,000,000 | 7,337,000,000 | 6,986,000,000 |
treasury stock | -4,943,000,000 | -4,589,000,000 | -4,196,000,000 | -3,812,000,000 | -3,444,000,000 | -3,113,000,000 | -2,722,000,000 | -2,356,000,000 | -2,037,000,000 | -1,816,000,000 | -2,731,000,000 | -2,390,000,000 | -2,044,000,000 | -1,773,000,000 | -2,844,000,000 | -2,502,000,000 | -2,068,000,000 | -1,740,000,000 | -2,291,000,000 | -1,807,000,000 | -1,246,000,000 | -1,192,000,000 | -1,205,000,000 | -1,211,000,000 | -1,220,000,000 | -1,117,000,000 | -1,027,000,000 | -984,000,000 | -1,014,000,000 | -1,114,000,000 | -1,141,000,000 | -1,194,000,000 | -1,981,000,000 | -1,687,000,000 | -1,371,000,000 | -4,166,000,000 | -3,821,000,000 | -3,112,000,000 | -2,870,000,000 | -2,527,000,000 | -1,550,000,000 | -1,718,000,000 | -1,687,000,000 | -1,705,000,000 | -1,722,000,000 | -1,774,000,000 | -1,789,000,000 | -1,810,000,000 | -1,825,000,000 | -1,936,000,000 | -1,936,000,000 | -2,054,000,000 | -2,054,000,000 | -2,120,000,000 | -2,138,000,000 | -2,029,000,000 | -1,184,000,000 | -1,254,000,000 | -1,232,000,000 | -859,000,000 | -859,000,000 | -47,000,000 | -46,000,000 | -46,000,000 | -46,000,000 | -42,000,000 | -42,000,000 | -41,000,000 | -41,000,000 | -40,000,000 | -39,000,000 | -39,000,000 | -39,000,000 |
accumulated other comprehensive income ("aoci"), net of tax | -2,416,000,000 | -2,003,000,000 | -2,384,000,000 | -2,580,000,000 | -2,005,000,000 | -3,068,000,000 | -2,997,000,000 | -4,178,000,000 | -3,524,000,000 | -3,254,000,000 | -4,414,000,000 | 585,000,000 | 494,000,000 | -207,000,000 | 900,000,000 | 254,000,000 | 140,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ equity | 18,889,000,000 | 18,450,000,000 | 17,518,000,000 | 16,844,000,000 | 17,008,000,000 | 15,680,000,000 | 15,468,000,000 | 13,679,000,000 | 14,152,000,000 | 14,340,000,000 | 12,955,000,000 | 14,226,000,000 | 15,897,000,000 | 17,862,000,000 | 18,244,000,000 | 17,702,000,000 | 17,802,000,000 | 17,072,000,000 | 15,266,000,000 | 16,078,000,000 | 15,292,000,000 | 14,340,000,000 | 12,729,000,000 | 13,143,000,000 | 17,233,000,000 | 17,288,000,000 | 17,009,000,000 | 18,559,000,000 | 18,112,000,000 | 18,204,000,000 | 18,227,000,000 | 18,720,000,000 | 19,774,000,000 | 22,910,000,000 | 22,781,000,000 | 21,675,000,000 | 20,999,000,000 | 20,311,000,000 | 20,909,000,000 | 18,891,000,000 | 17,840,000,000 | 17,865,000,000 | 17,456,000,000 | 13,442,000,000 | 7,860,000,000 | 9,268,000,000 | 12,557,000,000 | 16,824,000,000 | 17,836,000,000 | 19,204,000,000 | 18,950,000,000 | 18,648,000,000 | 18,851,000,000 | 18,876,000,000 | 17,733,000,000 | 15,383,000,000 | 15,410,000,000 | 15,325,000,000 | 15,310,000,000 | 15,590,000,000 | 14,211,000,000 | 14,238,000,000 | 13,650,000,000 | 12,275,000,000 | 13,537,000,000 | ||||||||
total liabilities and stockholders’ equity | 86,322,000,000 | 85,997,000,000 | 84,995,000,000 | 83,639,000,000 | 82,307,000,000 | 80,917,000,000 | 81,219,000,000 | 79,046,000,000 | 77,710,000,000 | 76,780,000,000 | 74,516,000,000 | 73,895,000,000 | 74,249,000,000 | 73,022,000,000 | 71,801,000,000 | 72,402,000,000 | 75,252,000,000 | 76,578,000,000 | 76,290,000,000 | 74,732,000,000 | 74,201,000,000 | 74,111,000,000 | 72,319,000,000 | 70,990,000,000 | 68,724,000,000 | 70,817,000,000 | 70,256,000,000 | 69,472,000,000 | 63,324,000,000 | 61,437,000,000 | 216,666,000,000 | 225,260,000,000 | 224,211,000,000 | 225,863,000,000 | 225,388,000,000 | 227,616,000,000 | 227,493,000,000 | 231,453,000,000 | 241,020,000,000 | 245,013,000,000 | 272,923,000,000 | 304,064,000,000 | 305,598,000,000 | 317,469,000,000 | 322,538,000,000 | 287,583,000,000 | 311,485,000,000 | 333,840,000,000 | 344,168,000,000 | 360,361,000,000 | 356,455,000,000 | 345,646,000,000 | 332,711,000,000 | 326,710,000,000 | 304,794,000,000 | 294,938,000,000 | 295,375,000,000 | 285,557,000,000 | 268,382,000,000 | 261,420,000,000 | 259,735,000,000 | 246,489,000,000 | 240,222,000,000 | 237,264,000,000 | |||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at december 31, 2025 and december 31, 2024, aggregate liquidation preference of 345 | 334,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss, net of tax | -2,057,000,000 | -2,886,000,000 | -2,849,000,000 | -198,000,000 | -885,000,000 | -77,000,000 | -764,000,000 | -1,001,000,000 | -1,379,000,000 | -2,377,000,000 | -3,312,000,000 | -3,217,000,000 | -6,610,000,000 | -7,801,000,000 | -7,520,000,000 | -4,155,000,000 | -2,780,000,000 | -2,225,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders' equity | 18,979,000,000 | 16,447,000,000 | 15,327,000,000 | 13,631,000,000 | 17,843,000,000 | 18,556,000,000 | 16,270,000,000 | 13,494,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at september 30, 2025 and december 31, 2024, aggregate liquidation preference of 345 | 334,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at june 30, 2025 and december 31, 2024, aggregate liquidation preference of 345 | 334,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at march 31, 2025 and december 31, 2024, aggregate liquidation preference of 345 | 334,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at december 31, 2024 and december 31, 2023, aggregate liquidation preference of 345 | 334,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at september 30, 2024 and december 31, 2023, aggregate liquidation preference of 345 | 334,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at june 30, 2024 and december 31, 2023, aggregate liquidation preference of 345 | 334,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at march 31, 2024 and december 31, 2023, aggregate liquidation preference of 345 | 334,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at december 31, 2023 and december 31, 2022, aggregate liquidation preference of 345 | 334,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at september 30, 2023 and december 31, 2022, aggregate liquidation preference of 345 | 334,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at june 30, 2023 and december 31, 2022, aggregate liquidation preference of 345 | 334,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at march 31, 2023 and december 31, 2022, aggregate liquidation preference of 345 | 334,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at december 31, 2022 and december 31, 2021, aggregate liquidation preference of 345 | 334,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax | -3,876,000,000 | -1,699,000,000 | 172,000,000 | 307,000,000 | 570,000,000 | 264,000,000 | 1,170,000,000 | 856,000,000 | 479,000,000 | -957,000,000 | 52,000,000 | 214,000,000 | -1,519,000,000 | -239,000,000 | 663,000,000 | 188,000,000 | 928,000,000 | 659,000,000 | 1,157,000,000 | 1,065,000,000 | 194,000,000 | -666,000,000 | -601,000,000 | 177,000,000 | 64,000,000 | -924,000,000 | -457,000,000 | 593,000,000 | 1,419,000,000 | 690,000,000 | 1,410,000,000 | 480,000,000 | 2,168,000,000 | ||||||||||||||||||||||||||||||||||||||||
fixed maturities, available-for-sale | 35,717,000,000 | 37,887,000,000 | 40,233,000,000 | 43,942,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at september 30, 2022 and december 31, 2021, aggregate liquidation preference of 345 | 334,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at june 30, 2022 and december 31, 2021, aggregate liquidation preference of 345 | 334,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income ("aoci") , net of tax | -3,262,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term debt | 591,000,000 | 500,000,000 | 500,000,000 | 500,000,000 | 499,000,000 | 413,000,000 | 413,000,000 | 320,000,000 | 320,000,000 | 320,000,000 | 320,000,000 | 690,000,000 | 690,000,000 | 167,000,000 | 167,000,000 | 456,000,000 | 532,000,000 | 400,000,000 | 400,000,000 | 400,000,000 | 400,000,000 | 275,000,000 | 343,000,000 | 342,000,000 | 342,000,000 | 419,000,000 | 398,000,000 | 927,000,000 | 1,353,000,000 | 1,364,000,000 | 1,365,000,000 | 822,000,000 | 399,000,000 | 468,000,000 | 599,000,000 | 995,000,000 | 1,384,000,000 | 721,000,000 | 719,000,000 | 620,000,000 | 620,000,000 | 622,000,000 | 621,000,000 | 621,000,000 | 622,000,000 | 573,000,000 | |||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at march 31, 2022 and december 31, 2021, aggregate liquidation preference of 345 | 334,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturities, available-for-sale, at fair value | 42,847,000,000 | 44,023,000,000 | 43,607,000,000 | 45,035,000,000 | 44,044,000,000 | 42,200,000,000 | 40,205,000,000 | 42,148,000,000 | 42,389,000,000 | 41,166,000,000 | 36,819,000,000 | 36,166,000,000 | 35,924,000,000 | 36,964,000,000 | 57,669,000,000 | 57,834,000,000 | 56,326,000,000 | 61,241,000,000 | 60,693,000,000 | 59,109,000,000 | 59,128,000,000 | 59,384,000,000 | 63,339,000,000 | 81,809,000,000 | 80,263,000,000 | 78,132,000,000 | 78,268,000,000 | 77,820,000,000 | 79,736,000,000 | 77,132,000,000 | 75,584,000,000 | 71,153,000,000 | 68,641,000,000 | 64,868,000,000 | 62,563,000,000 | 65,112,000,000 | 70,091,000,000 | 75,068,000,000 | 76,611,000,000 | 80,055,000,000 | 81,818,000,000 | 81,636,000,000 | 81,566,000,000 | 80,755,000,000 | 78,705,000,000 | 76,054,000,000 | 75,719,000,000 | 76,440,000,000 | 76,461,000,000 | 76,554,000,000 | 75,215,000,000 | 75,100,000,000 | 74,276,000,000 | 70,703,000,000 | 72,814,000,000 | ||||||||||||||||||
assets held for sale | 167,000,000 | 180,000,000 | 165,000,000 | 177,000,000 | 167,000,000 | 156,551,000,000 | 164,936,000,000 | 923,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities held for sale | 151,000,000 | 164,000,000 | 148,000,000 | 158,000,000 | 153,000,000 | 154,194,000,000 | 162,442,000,000 | 661,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at december 31, 2021 and december 31, 2020, aggregate liquidation preference of 345 | 334,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at september 30, 2021 and december 31, 2020, aggregate liquidation preference of 345 | 334,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at june 30, 2021 and december 31, 2020, aggregate liquidation preference of 345 | 334,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at march 31, 2021 and december 31, 2020, aggregate liquidation preference of 345 | 334,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at december 31, 2020 and december 31, 2019, aggregate liquidation preference of 345 | 334,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at september 30, 2020 and december 31, 2019, aggregate liquidation preference of 345 | 334,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at june 30, 2020 and december 31, 2019, aggregate liquidation preference of 345 | 334,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at march 31, 2020 and december 31, 2019, aggregate liquidation preference of 345 | 334,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
premiums receivable and agents’ balances | 4,384,000,000 | 4,580,000,000 | 4,726,000,000 | 4,160,000,000 | 4,025,000,000 | 3,994,000,000 | 3,910,000,000 | 3,804,000,000 | 3,846,000,000 | 3,764,000,000 | 3,625,000,000 | 3,605,000,000 | 3,601,000,000 | 3,588,000,000 | 3,429,000,000 | 3,466,000,000 | 3,446,000,000 | 3,525,000,000 | 3,418,000,000 | 3,396,000,000 | 3,273,000,000 | 3,370,000,000 | 3,371,000,000 | 3,402,000,000 | 3,404,000,000 | 3,482,000,000 | 3,510,000,000 | 3,568,000,000 | 3,604,000,000 | 3,627,000,000 | 3,625,000,000 | 3,676,000,000 | 3,681,000,000 | 3,766,000,000 | 3,849,000,000 | 3,767,000,000 | 3,675,000,000 | 3,686,000,000 | 3,708,000,000 | 3,729,000,000 | 3,734,000,000 | 3,218,000,000 | 3,334,000,000 | 3,296,000,000 | 3,235,000,000 | 3,421,000,000 | 3,429,000,000 | 2,969,000,000 | |||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at december 31, 2019 and december 31, 2018, aggregate liquidation preference of 345 | 334,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
commitments and contingencies note | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at september 30, 2019 and december 31, 2018, aggregate liquidation preference of 345 | 334,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at june 30, 2019 and december 31, 2018, aggregate liquidation preference of 345 | 334,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at march 31, 2019 and december 31, 2018, aggregate liquidation preference of 345 | 334,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities, available-for-sale, at fair value | 1,012,000,000 | 1,112,000,000 | 1,055,000,000 | 1,223,000,000 | 827,000,000 | 798,000,000 | 813,000,000 | 856,000,000 | 1,047,000,000 | 779,000,000 | 921,000,000 | 989,000,000 | 1,081,000,000 | 993,000,000 | 973,000,000 | 1,168,000,000 | 1,103,000,000 | 1,153,000,000 | 1,221,000,000 | 1,397,000,000 | 1,308,000,000 | 1,080,000,000 | 1,458,000,000 | 1,730,000,000 | 2,619,000,000 | 2,463,000,000 | 2,595,000,000 | 2,449,000,000 | 2,390,000,000 | 2,212,000,000 | 1,739,000,000 | 1,594,000,000 | 1,568,000,000 | 1,539,000,000 | 1,461,000,000 | 1,401,000,000 | 1,382,000,000 | 1,089,000,000 | 832,000,000 | 650,000,000 | 584,000,000 | 612,000,000 | |||||||||||||||||||||||||||||||
policy loans, at outstanding balance | 1,418,000,000 | 1,433,000,000 | 1,442,000,000 | 1,436,000,000 | 1,444,000,000 | 1,428,000,000 | 1,439,000,000 | 1,431,000,000 | 1,429,000,000 | 2,001,000,000 | 2,176,000,000 | 2,188,000,000 | 2,181,000,000 | 2,181,000,000 | 2,180,000,000 | 2,182,000,000 | 2,177,000,000 | 2,174,000,000 | 2,209,000,000 | 2,204,000,000 | 2,197,000,000 | 2,208,000,000 | 2,159,000,000 | 2,146,000,000 | 2,118,000,000 | 2,061,000,000 | 2,050,000,000 | 2,052,000,000 | 2,099,000,000 | 2,051,000,000 | 2,057,000,000 | 2,110,000,000 | 2,007,000,000 | 2,016,000,000 | 2,009,000,000 | 2,140,000,000 | 2,119,000,000 | 2,662,000,000 | 2,665,000,000 | 2,650,000,000 | 2,655,000,000 | ||||||||||||||||||||||||||||||||
separate account assets | 115,626,000,000 | 116,746,000,000 | 116,582,000,000 | 117,851,000,000 | 118,361,000,000 | 121,634,000,000 | 131,489,000,000 | 134,702,000,000 | 138,492,000,000 | 143,870,000,000 | 143,923,000,000 | 157,485,000,000 | 164,043,000,000 | 159,742,000,000 | 154,219,000,000 | 154,883,000,000 | 160,198,000,000 | 150,394,000,000 | 155,958,000,000 | 133,946,000,000 | 124,738,000,000 | 130,184,000,000 | 154,029,000,000 | 170,841,000,000 | 181,273,000,000 | 199,946,000,000 | 197,877,000,000 | 191,814,000,000 | 181,726,000,000 | 180,484,000,000 | 162,901,000,000 | 156,523,000,000 | 158,419,000,000 | 150,875,000,000 | 150,341,000,000 | 142,774,000,000 | 138,502,000,000 | 140,023,000,000 | 131,655,000,000 | 130,840,000,000 | 127,141,000,000 | ||||||||||||||||||||||||||||||||
separate account liabilities | 115,626,000,000 | 116,746,000,000 | 116,582,000,000 | 117,851,000,000 | 118,361,000,000 | 121,634,000,000 | 131,489,000,000 | 134,702,000,000 | 138,492,000,000 | 143,870,000,000 | 143,923,000,000 | 157,485,000,000 | 164,043,000,000 | 159,742,000,000 | 154,219,000,000 | 154,883,000,000 | 160,198,000,000 | 150,394,000,000 | 155,958,000,000 | 133,946,000,000 | 124,738,000,000 | 130,184,000,000 | 154,029,000,000 | 170,841,000,000 | 181,273,000,000 | 199,946,000,000 | 197,877,000,000 | 191,814,000,000 | 181,726,000,000 | 180,484,000,000 | 162,901,000,000 | 156,523,000,000 | 158,419,000,000 | 150,875,000,000 | 150,341,000,000 | 142,774,000,000 | 138,502,000,000 | 140,023,000,000 | 131,655,000,000 | 130,840,000,000 | 127,141,000,000 | ||||||||||||||||||||||||||||||||
reserve for future policy benefits and unpaid losses and loss adjustment expenses | 42,173,000,000 | 41,842,000,000 | 41,685,000,000 | 41,500,000,000 | 41,444,000,000 | 41,461,000,000 | 41,016,000,000 | 41,034,000,000 | 40,184,000,000 | 39,420,000,000 | 39,598,000,000 | 39,890,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities, trading, at fair value | 11,000,000 | 17,418,000,000 | 30,499,000,000 | 30,770,000,000 | 32,278,000,000 | 32,339,000,000 | 32,820,000,000 | 32,495,000,000 | 30,183,000,000 | 32,053,000,000 | 32,321,000,000 | 33,463,000,000 | 30,813,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other policyholder funds and benefits payable — international variable annuities | 30,461,000,000 | 30,734,000,000 | 32,237,000,000 | 32,297,000,000 | 32,793,000,000 | 32,470,000,000 | 30,161,000,000 | 32,027,000,000 | 33,439,000,000 | 30,793,000,000 | 27,793,000,000 | 30,799,000,000 | 33,629,000,000 | 36,822,000,000 | 37,376,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred policy acquisition costs and present value of future profits | 2,092,000,000 | 8,744,000,000 | 8,729,000,000 | 9,584,000,000 | 9,843,000,000 | 9,857,000,000 | 9,386,000,000 | 9,689,000,000 | 10,270,000,000 | 10,686,000,000 | 11,040,000,000 | 11,780,000,000 | 12,077,000,000 | 13,248,000,000 | 12,272,000,000 | 12,952,000,000 | 12,819,000,000 | 11,742,000,000 | 11,499,000,000 | 10,729,000,000 | 10,360,000,000 | 10,268,000,000 | 10,328,000,000 | 10,539,000,000 | 10,199,000,000 | 9,702,000,000 | 9,364,000,000 | 8,938,000,000 | 8,989,000,000 | 8,509,000,000 | 8,193,000,000 | 8,086,000,000 | 7,511,000,000 | ||||||||||||||||||||||||||||||||||||||||
other policyholder funds and benefits payable – international variable annuities | 17,406,000,000 | 32,296,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
consumer notes | 314,000,000 | 349,000,000 | 368,000,000 | 382,000,000 | 382,000,000 | 384,000,000 | 452,000,000 | 834,000,000 | 1,136,000,000 | 1,193,000,000 | 1,199,000,000 | 1,202,000,000 | 1,210,000,000 | 1,225,000,000 | 1,113,000,000 | 971,000,000 | 809,000,000 | 723,000,000 | 588,000,000 | 435,000,000 | 258,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 575,000 shares issued, liquidation preference 1,000 per share | 556,000,000 | 556,000,000 | 556,000,000 | 556,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 575,000 and 3,400,000 shares issued, liquidation preference 1,000 per share | 556,000,000 | 556,000,000 | 556,000,000 | 556,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncontrolling interest | 29,000,000 | 25,000,000 | 20,000,000 | 27,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total equity | 20,311,000,000 | 20,909,000,000 | 18,891,000,000 | 17,840,000,000 | 17,894,000,000 | 17,481,000,000 | 13,462,000,000 | 7,887,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and equity | 318,346,000,000 | 313,926,000,000 | 314,150,000,000 | 317,282,000,000 | 307,717,000,000 | 316,720,000,000 | 289,700,000,000 | 276,168,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property and casualty | 21,479,000,000 | 21,560,000,000 | 21,651,000,000 | 21,901,000,000 | 21,902,000,000 | 21,804,000,000 | 21,933,000,000 | 22,605,000,000 | 22,315,000,000 | 22,150,000,000 | 22,153,000,000 | 22,197,000,000 | 21,990,000,000 | 21,987,000,000 | 21,991,000,000 | 21,849,000,000 | 21,770,000,000 | 21,974,000,000 | 22,266,000,000 | 21,791,000,000 | 21,104,000,000 | 21,301,000,000 | 21,329,000,000 | 21,314,000,000 | 20,562,000,000 | 20,246,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
life | 18,529,000,000 | 17,990,000,000 | 17,980,000,000 | 17,950,000,000 | 18,153,000,000 | 18,562,000,000 | 16,747,000,000 | 16,602,000,000 | 15,772,000,000 | 15,544,000,000 | 15,331,000,000 | 15,007,000,000 | 14,630,000,000 | 14,255,000,000 | 14,016,000,000 | 13,662,000,000 | 13,454,000,000 | 13,163,000,000 | 12,987,000,000 | 12,591,000,000 | 12,467,000,000 | 12,373,000,000 | 12,246,000,000 | 11,800,000,000 | 11,746,000,000 | 11,658,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 3,400,000 and 6,048,387 shares issued, liquidation preference 1,000 and 0.02 per share | 2,960,000,000 | 2,940,000,000 | 2,921,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mortgage loans on real estate | 6,522,000,000 | 6,389,000,000 | 6,469,000,000 | 6,222,000,000 | 5,882,000,000 | 5,503,000,000 | 5,410,000,000 | 5,236,000,000 | 4,891,000,000 | 4,015,000,000 | 3,318,000,000 | 2,742,000,000 | 2,555,000,000 | 2,145,000,000 | 1,731,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities, held for trading, at fair value | 27,813,000,000 | 30,820,000,000 | 33,655,000,000 | 36,853,000,000 | 37,406,000,000 | 36,182,000,000 | 34,901,000,000 | 31,843,000,000 | 30,805,000,000 | 29,393,000,000 | 27,863,000,000 | 26,916,000,000 | 26,057,000,000 | 24,034,000,000 | 21,247,000,000 | 17,955,000,000 | 15,855,000,000 | 13,634,000,000 | 10,685,000,000 | 8,995,000,000 | 7,831,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 0 and 6,048,387 shares issued | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.01 par value — 50,000,000 shares authorized, 6,048,387 and 0 shares issued | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | -858,000,000 | 178,000,000 | 90,000,000 | 1,425,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock - 750,000,000 shares authorized, 329,232,428 and 326,401,820 shares issued, 0.01 par value | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock - 750,000,000 shares authorized, 328,022,346 and 326,401,820 shares issued, 0.01 par value | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – 750,000,000 shares authorized, 326,401,820 and 305,188,238 shares issued, 0.01 par value | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reserve for future policy benefits and unpaid claims and claim adjustment expenses | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock - 750,000,000 shares authorized, 319,686,997 and 305,188,238 shares issued, 0.01 par value | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock — 750,000,000 shares authorized, 307,212,697 and 305,188,238 shares issued, 0.01 par value | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock - 750,000,000 shares authorized, 306,033,260 and 305,188,238 shares issued, 0.01 par value | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock – 750,000,000 shares authorized, 305,188,238 and 297,200,090 shares issued, 0.01 par value | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock - 750,000,000 shares authorized, 303,172,243 and 297,200,090 shares issued, 0.01 par value | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ | 280,465,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock - 750,000,000 shares authorized, 301,761,618 and 297,200,090 shares issued, 0.01 par value | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock - 750,000,000 shares authorized, 299,511,125 and 297,200,090 shares issued, 0.01 par value | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock -750,000,000 shares authorized, 297,200,090 and 286,339,430 shares issued, 0.01 par value | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock - 750,000,000 shares authorized, 296,537,103 and 286,339,430 shares issued, 0.01 par value | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock - 750,000,000 shares authorized, 296,024,430 and 286,339,430 shares issued, 0.01 par value | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income tax | 245,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock - 750,000,000 shares authorized, 294,661,289 and 286,339,430 shares issued, 0.01 par value | 3,000,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-03-31 | 2015-09-30 | 2015-06-30 | 2014-03-31 | 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 | 2005-12-31 | 2005-09-30 | 2005-06-30 | 2005-03-31 | 2004-12-31 | 2004-09-30 | 2004-06-30 | 2004-03-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 1,080,000,000 | 995,000,000 | 630,000,000 | 853,000,000 | 767,000,000 | 738,000,000 | 753,000,000 | 771,000,000 | 651,000,000 | 547,000,000 | 535,000,000 | 589,000,000 | 339,000,000 | 442,000,000 | 445,000,000 | 729,000,000 | 482,000,000 | 905,000,000 | 249,000,000 | 537,000,000 | 459,000,000 | 468,000,000 | 273,000,000 | 548,000,000 | 535,000,000 | 372,000,000 | 630,000,000 | 597,000,000 | -3,703,000,000 | 234,000,000 | -40,000,000 | 378,000,000 | 323,000,000 | 381,000,000 | 385,000,000 | 495,000,000 | 127,000,000 | 0 | 24,000,000 | 511,000,000 | 619,000,000 | 666,000,000 | 76,000,000 | 319,000,000 | -15,000,000 | -1,209,000,000 | -806,000,000 | -2,631,000,000 | 543,000,000 | 145,000,000 | 595,000,000 | 851,000,000 | 627,000,000 | 876,000,000 | 783,000,000 | 758,000,000 | 476,000,000 | 728,000,000 | 467,000,000 | 539,000,000 | 602,000,000 | 666,000,000 | 620,000,000 | 494,000,000 | 433,000,000 | 568,000,000 | ||
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized losses | 12,000,000 | 10,000,000 | 49,000,000 | 17,000,000 | 13,000,000 | 59,000,000 | -28,000,000 | 27,000,000 | 90,000,000 | 64,000,000 | 7,000,000 | -22,000,000 | 166,000,000 | 338,000,000 | 145,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of deferred policy acquisition costs | 639,000,000 | 625,000,000 | 607,000,000 | 591,000,000 | 585,000,000 | 561,000,000 | 545,000,000 | 534,000,000 | 517,000,000 | 502,000,000 | 491,000,000 | 475,000,000 | 467,000,000 | 453,000,000 | 440,000,000 | 428,000,000 | 419,000,000 | 417,000,000 | 416,000,000 | 419,000,000 | 421,000,000 | 429,000,000 | 437,000,000 | 438,000,000 | 437,000,000 | 392,000,000 | 355,000,000 | 383,000,000 | 329,000,000 | 357,000,000 | 368,000,000 | 363,000,000 | 374,000,000 | 434,000,000 | ||||||||||||||||||||||||||||||||||
additions to deferred policy acquisition costs | -656,000,000 | -700,000,000 | -655,000,000 | -560,000,000 | -610,000,000 | -637,000,000 | -601,000,000 | -523,000,000 | -545,000,000 | -543,000,000 | -548,000,000 | -470,000,000 | -499,000,000 | -483,000,000 | -495,000,000 | -421,000,000 | -445,000,000 | -436,000,000 | -449,000,000 | -398,000,000 | -412,000,000 | -409,000,000 | -447,000,000 | -413,000,000 | -423,000,000 | -426,000,000 | -373,000,000 | -356,000,000 | -344,000,000 | -344,000,000 | -343,000,000 | -352,000,000 | -354,000,000 | -352,000,000 | ||||||||||||||||||||||||||||||||||
depreciation and amortization | 75,000,000 | 94,000,000 | 92,000,000 | 84,000,000 | 85,000,000 | 60,000,000 | 127,000,000 | 124,000,000 | 128,000,000 | 129,000,000 | 129,000,000 | 140,000,000 | 153,000,000 | 164,000,000 | 168,000,000 | 165,000,000 | 168,000,000 | 173,000,000 | 174,000,000 | 151,000,000 | 142,000,000 | 135,000,000 | 134,000,000 | 118,000,000 | 112,000,000 | 113,000,000 | 108,000,000 | 116,000,000 | 99,000,000 | 109,000,000 | 95,000,000 | 96,000,000 | 95,000,000 | 72,000,000 | 113,000,000 | 60,000,000 | 136,000,000 | 148,000,000 | 256,000,000 | 128,000,000 | 147,000,000 | 134,000,000 | 171,000,000 | 144,000,000 | 110,000,000 | 101,000,000 | 122,000,000 | 137,000,000 | 98,000,000 | -213,000,000 | 286,000,000 | 190,000,000 | 310,000,000 | 202,000,000 | 170,000,000 | 112,000,000 | 219,000,000 | 69,000,000 | 274,000,000 | 44,000,000 | 193,000,000 | 156,000,000 | 183,000,000 | 29,000,000 | 84,000,000 | -8,000,000 | 165,000,000 | 33,000,000 |
other operating activities | -18,000,000 | 54,000,000 | 115,000,000 | 92,000,000 | 39,000,000 | 79,000,000 | 119,000,000 | 47,000,000 | 19,000,000 | 25,000,000 | 122,000,000 | 66,000,000 | 15,000,000 | 45,000,000 | -90,000,000 | -103,000,000 | 15,000,000 | -44,000,000 | 34,000,000 | 16,000,000 | 79,000,000 | 1,000,000 | 11,000,000 | 27,000,000 | 37,000,000 | 324,000,000 | 80,000,000 | 37,000,000 | 180,000,000 | 111,000,000 | 81,000,000 | 53,000,000 | 129,000,000 | -97,000,000 | -388,000,000 | 154,000,000 | 53,000,000 | -352,000,000 | -138,000,000 | 68,000,000 | 6,000,000 | -150,000,000 | 177,000,000 | |||||||||||||||||||||||||
change in assets and liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in reinsurance recoverables | 13,000,000 | 82,000,000 | -50,000,000 | -1,000,000 | 26,000,000 | 11,000,000 | 13,000,000 | 29,000,000 | -63,000,000 | -48,000,000 | -75,000,000 | 58,000,000 | 41,000,000 | 16,000,000 | 19,000,000 | 18,000,000 | 32,000,000 | -7,000,000 | 53,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
net change in accrued and deferred income taxes | 157,000,000 | -285,000,000 | 104,000,000 | 79,000,000 | -24,000,000 | -257,000,000 | 102,000,000 | 44,000,000 | 176,000,000 | -339,000,000 | 90,000,000 | 104,000,000 | -57,000,000 | -168,000,000 | 41,000,000 | 199,000,000 | -90,000,000 | -94,000,000 | 70,000,000 | 22,000,000 | 262,000,000 | 122,000,000 | 53,000,000 | |||||||||||||||||||||||||||||||||||||||||||||
increase in insurance liabilities | 375,000,000 | 669,000,000 | 1,115,000,000 | 530,000,000 | 621,000,000 | 1,037,000,000 | 870,000,000 | 541,000,000 | 547,000,000 | -30,000,000 | 761,000,000 | 540,000,000 | 651,000,000 | 559,000,000 | 449,000,000 | 312,000,000 | 774,000,000 | 334,000,000 | 996,000,000 | 407,000,000 | 422,000,000 | 362,000,000 | 235,000,000 | 138,000,000 | 65,000,000 | 427,000,000 | 138,000,000 | |||||||||||||||||||||||||||||||||||||||||
net change in premiums receivable and agents' balances | 118,000,000 | -338,000,000 | -414,000,000 | 136,000,000 | 167,000,000 | -365,000,000 | -396,000,000 | -78,000,000 | 30,000,000 | -326,000,000 | -334,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net change in other assets and other liabilities | 43,000,000 | 85,000,000 | -608,000,000 | 142,000,000 | 36,000,000 | -41,000,000 | -405,000,000 | 285,000,000 | 210,000,000 | -91,000,000 | -411,000,000 | 565,000,000 | 185,000,000 | -225,000,000 | -674,000,000 | 284,000,000 | 181,000,000 | -57,000,000 | -566,000,000 | 578,000,000 | 129,000,000 | 3,000,000 | -622,000,000 | 370,000,000 | 139,000,000 | -302,000,000 | -585,000,000 | -498,000,000 | 195,000,000 | -210,000,000 | -229,000,000 | -933,000,000 | -473,000,000 | |||||||||||||||||||||||||||||||||||
net cash from operating activities | 1,838,000,000 | 1,291,000,000 | 985,000,000 | 1,874,000,000 | 1,678,000,000 | 1,260,000,000 | 1,097,000,000 | 1,627,000,000 | 1,771,000,000 | -49,000,000 | 871,000,000 | 1,084,000,000 | 1,521,000,000 | 974,000,000 | 429,000,000 | 1,204,000,000 | 1,292,000,000 | 838,000,000 | 759,000,000 | 1,216,000,000 | 1,388,000,000 | 969,000,000 | 298,000,000 | 1,043,000,000 | 1,442,000,000 | 725,000,000 | 279,000,000 | 712,000,000 | 662,000,000 | 630,000,000 | 669,000,000 | 225,000,000 | 398,000,000 | 891,000,000 | 760,000,000 | 349,000,000 | 650,000,000 | 660,000,000 | 490,000,000 | 474,000,000 | 1,064,000,000 | 1,045,000,000 | 712,000,000 | 488,000,000 | 229,000,000 | 759,000,000 | 976,000,000 | 1,010,000,000 | 1,254,000,000 | 677,000,000 | 1,694,000,000 | 567,000,000 | 1,424,000,000 | 1,620,000,000 | 1,642,000,000 | 1,305,000,000 | 1,852,000,000 | 1,262,000,000 | 1,156,000,000 | 1,368,000,000 | 785,000,000 | 1,518,000,000 | 763,000,000 | 666,000,000 | 1,029,000,000 | 974,000,000 | 532,000,000 | 99,000,000 |
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -33,000,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9,000,000 | -49,000,000 | -87,000,000 | -10,000,000 | -118,000,000 | -67,000,000 | -24,000,000 | -161,000,000 | -29,000,000 | -61,000,000 | -79,000,000 | -51,000,000 | -44,000,000 | -21,000,000 | -42,000,000 | -53,000,000 | -101,000,000 | -15,000,000 | 0 | -49,000,000 | -59,000,000 | -18,000,000 |
free cash flows | 1,838,000,000 | 1,291,000,000 | 985,000,000 | 1,874,000,000 | 1,678,000,000 | 1,260,000,000 | 1,097,000,000 | 1,627,000,000 | 1,771,000,000 | -49,000,000 | 871,000,000 | 1,084,000,000 | 1,521,000,000 | 974,000,000 | 429,000,000 | 1,204,000,000 | 1,292,000,000 | 838,000,000 | 759,000,000 | 1,216,000,000 | 1,388,000,000 | 969,000,000 | 298,000,000 | 1,043,000,000 | 1,442,000,000 | 725,000,000 | 279,000,000 | 712,000,000 | 662,000,000 | 630,000,000 | 669,000,000 | 225,000,000 | 398,000,000 | 891,000,000 | 760,000,000 | 316,000,000 | 650,000,000 | 660,000,000 | 490,000,000 | 474,000,000 | 1,064,000,000 | 1,045,000,000 | 712,000,000 | 488,000,000 | 229,000,000 | 759,000,000 | 967,000,000 | 961,000,000 | 1,167,000,000 | 667,000,000 | 1,576,000,000 | 500,000,000 | 1,400,000,000 | 1,459,000,000 | 1,613,000,000 | 1,244,000,000 | 1,773,000,000 | 1,211,000,000 | 1,112,000,000 | 1,347,000,000 | 743,000,000 | 1,465,000,000 | 662,000,000 | 651,000,000 | 1,029,000,000 | 925,000,000 | 473,000,000 | 81,000,000 |
investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the sale/maturity/prepayment of: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturities, afs | 2,862,000,000 | 2,629,000,000 | 2,126,000,000 | 2,823,000,000 | 2,834,000,000 | 3,603,000,000 | 1,548,000,000 | 1,898,000,000 | 1,401,000,000 | 1,279,000,000 | 2,228,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturities, at fair value using the fair value option | 0 | 84,000,000 | 25,000,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities, at fair value | 59,000,000 | 90,000,000 | 35,000,000 | 4,000,000 | 128,000,000 | 176,000,000 | 37,000,000 | 434,000,000 | 1,422,000,000 | 85,000,000 | 93,000,000 | 257,000,000 | 200,000,000 | 160,000,000 | 157,000,000 | 67,000,000 | 708,000,000 | 645,000,000 | 236,000,000 | 405,000,000 | 619,000,000 | 185,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
mortgage loans | 322,000,000 | 496,000,000 | 237,000,000 | 296,000,000 | 33,000,000 | 246,000,000 | 165,000,000 | 178,000,000 | 296,000,000 | 358,000,000 | 204,000,000 | 109,000,000 | 164,000,000 | 262,000,000 | 438,000,000 | 414,000,000 | 234,000,000 | 551,000,000 | 307,000,000 | 238,000,000 | 174,000,000 | 207,000,000 | 329,000,000 | 280,000,000 | 145,000,000 | 246,000,000 | 100,000,000 | 154,000,000 | 176,000,000 | 207,000,000 | 138,000,000 | 213,000,000 | 114,000,000 | 305,000,000 | 212,000,000 | 96,000,000 | 149,000,000 | 138,000,000 | 158,000,000 | 70,000,000 | 206,000,000 | 220,000,000 | 571,000,000 | 726,000,000 | 149,000,000 | 183,000,000 | 270,000,000 | 27,000,000 | 35,000,000 | 137,000,000 | 96,000,000 | 118,000,000 | 120,000,000 | 332,000,000 | 749,000,000 | 164,000,000 | 143,000,000 | 63,000,000 | 68,000,000 | 118,000,000 | ||||||||
limited partnership and other alternative investments | 52,000,000 | 59,000,000 | 56,000,000 | 35,000,000 | 69,000,000 | 32,000,000 | 83,000,000 | 51,000,000 | 96,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments for the purchase of: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from (payments for) derivatives | 11,000,000 | -13,000,000 | 46,000,000 | 4,000,000 | -96,000,000 | -28,000,000 | 15,000,000 | 19,000,000 | 26,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net additions of property and equipment | -45,000,000 | -40,000,000 | -38,000,000 | -60,000,000 | -61,000,000 | -50,000,000 | -52,000,000 | -50,000,000 | -49,000,000 | -45,000,000 | -46,000,000 | -31,000,000 | -45,000,000 | -24,000,000 | -23,000,000 | -27,000,000 | -28,000,000 | -23,000,000 | -31,000,000 | -24,000,000 | -20,000,000 | -39,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from (payments for) short-term investments | 875,000,000 | -237,000,000 | -54,000,000 | 408,000,000 | 11,000,000 | -610,000,000 | 2,008,000,000 | 82,000,000 | -29,000,000 | -107,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other investing activities | -9,000,000 | -29,000,000 | -24,000,000 | 19,000,000 | -27,000,000 | -10,000,000 | -2,000,000 | -2,000,000 | -7,000,000 | -11,000,000 | -1,000,000 | 14,000,000 | 2,000,000 | -118,000,000 | -49,000,000 | 4,000,000 | -6,000,000 | 11,000,000 | -40,000,000 | 33,000,000 | -5,000,000 | 19,000,000 | -5,000,000 | -2,000,000 | 1,000,000 | -31,000,000 | 38,000,000 | 0 | 1,000,000 | -18,000,000 | 10,000,000 | -2,000,000 | 3,000,000 | -2,000,000 | -38,000,000 | -32,000,000 | -41,000,000 | -46,000,000 | -85,000,000 | -149,000,000 | 102,000,000 | -58,000,000 | -43,000,000 | |||||||||||||||||||||||||
net cash from investing activities | -1,315,000,000 | -743,000,000 | -401,000,000 | -1,356,000,000 | -1,089,000,000 | -888,000,000 | -435,000,000 | -1,165,000,000 | -1,319,000,000 | 499,000,000 | -446,000,000 | -572,000,000 | -1,092,000,000 | 261,000,000 | 126,000,000 | -718,000,000 | -1,169,000,000 | -129,000,000 | -450,000,000 | -1,059,000,000 | -1,222,000,000 | -562,000,000 | 777,000,000 | -828,000,000 | -1,350,000,000 | -99,000,000 | 129,000,000 | -242,000,000 | 194,000,000 | 135,000,000 | 272,000,000 | 196,000,000 | -286,000,000 | -89,000,000 | -1,061,000,000 | 254,000,000 | -148,000,000 | -1,886,000,000 | 1,501,000,000 | 99,000,000 | 698,000,000 | -264,000,000 | -2,546,000,000 | -1,011,000,000 | -4,778,000,000 | 268,000,000 | -2,497,000,000 | -1,820,000,000 | -1,272,000,000 | -1,746,000,000 | -1,962,000,000 | -1,196,000,000 | -2,580,000,000 | -1,441,000,000 | -2,143,000,000 | -1,246,000,000 | -1,185,000,000 | -1,776,000,000 | -952,000,000 | -947,000,000 | -963,000,000 | -1,633,000,000 | -191,000,000 | 386,000,000 | ||||
financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposits and other additions to investment and universal life-type contracts | 30,000,000 | 36,000,000 | 27,000,000 | 22,000,000 | 22,000,000 | 27,000,000 | 37,000,000 | 21,000,000 | 27,000,000 | 30,000,000 | 18,000,000 | 21,000,000 | 21,000,000 | 21,000,000 | 25,000,000 | 23,000,000 | 24,000,000 | 20,000,000 | 22,000,000 | 16,000,000 | 15,000,000 | 14,000,000 | 15,000,000 | 16,000,000 | 1,000,000 | 1,366,000,000 | 974,000,000 | 1,102,000,000 | 1,128,000,000 | 1,398,000,000 | 1,165,000,000 | 500,000,000 | 2,386,000,000 | 817,000,000 | 3,112,000,000 | 2,579,000,000 | 2,502,000,000 | 3,338,000,000 | 3,144,000,000 | 3,048,000,000 | 942,000,000 | 5,468,000,000 | 3,081,000,000 | 3,835,000,000 | 4,451,000,000 | 2,872,000,000 | 5,263,000,000 | 4,407,000,000 | 5,638,000,000 | 5,707,000,000 | 6,179,000,000 | 9,697,000,000 | 8,173,000,000 | 8,445,000,000 | ||||||||||||||
withdrawals and other deductions from investment and universal life-type contracts | -32,000,000 | -31,000,000 | -26,000,000 | -19,000,000 | -23,000,000 | -30,000,000 | -43,000,000 | -22,000,000 | -29,000,000 | -7,000,000 | -42,000,000 | -15,000,000 | -19,000,000 | -35,000,000 | -33,000,000 | -18,000,000 | -20,000,000 | 7,000,000 | -44,000,000 | -24,000,000 | -52,000,000 | -16,000,000 | -10,000,000 | -23,000,000 | -24,000,000 | -53,000,000 | -24,000,000 | -7,670,000,000 | -2,939,000,000 | -3,547,000,000 | -3,303,000,000 | -3,773,000,000 | -4,174,000,000 | -4,211,000,000 | -4,037,000,000 | -4,687,000,000 | -4,899,000,000 | -4,422,000,000 | -5,527,000,000 | -6,174,000,000 | -6,050,000,000 | -5,243,000,000 | -5,569,000,000 | -5,614,000,000 | -5,813,000,000 | -7,012,000,000 | -6,801,000,000 | -4,715,000,000 | -5,517,000,000 | -6,582,000,000 | -7,195,000,000 | -6,499,000,000 | -7,765,000,000 | -7,577,000,000 | -8,054,000,000 | -7,047,000,000 | ||||||||||||
net issuance (return) of shares under incentive and stock compensation plans, including related excise tax benefit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury stock acquired, including related excise tax paid | -400,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid on preferred stock | -6,000,000 | -5,000,000 | -5,000,000 | -5,000,000 | -6,000,000 | -5,000,000 | -5,000,000 | -5,000,000 | -6,000,000 | -5,000,000 | -5,000,000 | -5,000,000 | -6,000,000 | -5,000,000 | -5,000,000 | -5,000,000 | -6,000,000 | -5,000,000 | -5,000,000 | -5,000,000 | -6,000,000 | -5,000,000 | -5,000,000 | -5,000,000 | -5,000,000 | -5,000,000 | -6,000,000 | -10,000,000 | -11,000,000 | -10,000,000 | -11,000,000 | -10,000,000 | -11,000,000 | 0 | -64,000,000 | -42,000,000 | -23,000,000 | 0 | -8,000,000 | |||||||||||||||||||||||||||||
dividends paid on common stock | -147,000,000 | -149,000,000 | -150,000,000 | -137,000,000 | -138,000,000 | -140,000,000 | -141,000,000 | -129,000,000 | -131,000,000 | -134,000,000 | -134,000,000 | -123,000,000 | -126,000,000 | -127,000,000 | -130,000,000 | -120,000,000 | -123,000,000 | -126,000,000 | -116,000,000 | -116,000,000 | -117,000,000 | -116,000,000 | -108,000,000 | -106,000,000 | -111,000,000 | -107,000,000 | -109,000,000 | -90,000,000 | -83,000,000 | -85,000,000 | -86,000,000 | -87,000,000 | -85,000,000 | -76,000,000 | -86,000,000 | -67,000,000 | -46,000,000 | -43,000,000 | -45,000,000 | -19,000,000 | -23,000,000 | -22,000,000 | -20,000,000 | -20,000,000 | -20,000,000 | -14,000,000 | -16,000,000 | -99,000,000 | ||||||||||||||||||||
net cash from financing activities | -544,000,000 | -543,000,000 | -608,000,000 | -547,000,000 | -520,000,000 | -480,000,000 | -529,000,000 | -454,000,000 | -489,000,000 | -459,000,000 | -545,000,000 | -457,000,000 | -480,000,000 | -1,187,000,000 | -586,000,000 | -618,000,000 | -30,000,000 | -667,000,000 | -266,000,000 | -199,000,000 | -252,000,000 | -300,000,000 | -1,027,000,000 | -248,000,000 | -88,000,000 | -427,000,000 | -428,000,000 | -677,000,000 | -321,000,000 | -565,000,000 | -838,000,000 | -783,000,000 | -685,000,000 | -370,000,000 | 80,000,000 | 132,000,000 | -451,000,000 | -560,000,000 | -428,000,000 | -1,315,000,000 | -652,000,000 | -1,169,000,000 | -646,000,000 | 2,212,000,000 | 126,000,000 | 3,240,000,000 | -968,000,000 | 652,000,000 | 1,350,000,000 | -176,000,000 | 193,000,000 | 210,000,000 | 272,000,000 | 808,000,000 | 490,000,000 | 633,000,000 | -16,000,000 | 205,000,000 | 701,000,000 | -193,000,000 | 567,000,000 | 287,000,000 | 781,000,000 | -284,000,000 | -307,000,000 | |||
foreign exchange rate effect on cash | 8,000,000 | -2,000,000 | 6,000,000 | -18,000,000 | 2,000,000 | 0 | -4,000,000 | 13,000,000 | -6,000,000 | 4,000,000 | -12,000,000 | -1,000,000 | -6,000,000 | 4,000,000 | -3,000,000 | 11,000,000 | 42,000,000 | -36,000,000 | -9,000,000 | 5,000,000 | 3,000,000 | -20,000,000 | 3,000,000 | -5,000,000 | 0 | 8,000,000 | 60,000,000 | 2,000,000 | 4,000,000 | -16,000,000 | -12,000,000 | -3,000,000 | -2,000,000 | 40,000,000 | 20,000,000 | -22,000,000 | -22,000,000 | 21,000,000 | 2,000,000 | -33,000,000 | 10,000,000 | 65,000,000 | -85,000,000 | 132,000,000 | -98,000,000 | -13,000,000 | 140,000,000 | 83,000,000 | 261,000,000 | -56,000,000 | -15,000,000 | -11,000,000 | -37,000,000 | 41,000,000 | 15,000,000 | -13,000,000 | 11,000,000 | -30,000,000 | 5,000,000 | 0 | -2,000,000 | |||||||
net increase in cash and restricted cash | -13,000,000 | 3,000,000 | -18,000,000 | -47,000,000 | 71,000,000 | -112,000,000 | 133,000,000 | 59,000,000 | -63,000,000 | 42,000,000 | -31,000,000 | -60,000,000 | 89,000,000 | 28,000,000 | 41,000,000 | -31,000,000 | -102,000,000 | 71,000,000 | 39,000,000 | -28,000,000 | 7,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
cash and restricted cash – beginning of period | 0 | 0 | 234,000,000 | 0 | 0 | 189,000,000 | 0 | 0 | 344,000,000 | 0 | 0 | 337,000,000 | 0 | 0 | 239,000,000 | 0 | 0 | 262,000,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||
cash and restricted cash– end of period | -13,000,000 | 3,000,000 | 216,000,000 | 71,000,000 | -112,000,000 | 322,000,000 | -41,000,000 | 4,000,000 | 218,000,000 | -63,000,000 | 42,000,000 | 306,000,000 | 89,000,000 | 28,000,000 | 280,000,000 | -102,000,000 | 71,000,000 | 301,000,000 | 7,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of cash flow information | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax paid | 103,000,000 | 520,000,000 | 4,000,000 | 149,000,000 | 206,000,000 | 455,000,000 | 2,000,000 | 140,000,000 | 12,000,000 | 94,000,000 | 175,000,000 | 278,000,000 | 1,000,000 | 57,000,000 | 206,000,000 | 2,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
interest paid | 61,000,000 | 42,000,000 | 61,000,000 | 43,000,000 | 62,000,000 | 54,000,000 | 52,000,000 | 54,000,000 | 52,000,000 | 42,000,000 | 61,000,000 | 40,000,000 | 56,000,000 | 49,000,000 | 67,000,000 | 49,000,000 | 58,000,000 | 49,000,000 | 58,000,000 | 49,000,000 | 59,000,000 | 50,000,000 | 74,000,000 | 51,000,000 | 73,000,000 | 96,000,000 | 41,000,000 | 65,000,000 | 117,000,000 | 41,000,000 | 93,000,000 | 71,000,000 | 71,000,000 | -71,000,000 | -269,000,000 | 82,000,000 | 161,000,000 | 90,000,000 | 161,000,000 | 89,000,000 | 161,000,000 | |||||||||||||||||||||||||||
net proceeds from short-term investments | -207,000,000 | 731,000,000 | -238,000,000 | 26,000,000 | 407,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (issuance) return of shares under incentive and stock compensation plans, including related excise tax benefit | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from derivatives | 12,000,000 | 23,000,000 | 26,000,000 | 27,000,000 | -8,000,000 | -22,000,000 | 161,000,000 | 189,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net return of shares under incentive and stock compensation plans | -54,000,000 | 18,000,000 | -27,000,000 | 0 | 7,000,000 | -32,000,000 | 6,000,000 | 1,000,000 | 4,000,000 | -32,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
treasury stock acquired | -400,000,000 | -400,000,000 | -350,000,000 | -350,000,000 | -350,000,000 | -350,000,000 | -350,000,000 | -350,000,000 | -350,000,000 | -350,000,000 | -450,000,000 | -400,000,000 | -500,000,000 | -511,000,000 | -568,000,000 | -123,000,000 | 0 | 0 | 0 | -150,000,000 | -110,000,000 | -63,000,000 | -53,000,000 | -325,000,000 | -325,000,000 | -325,000,000 | -350,000,000 | -300,000,000 | -200,000,000 | -300,000,000 | 0 | -189,000,000 | -21,000,000 | -372,000,000 | 0 | -800,000,000 | ||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on extinguishment of debt | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in reinsurance recoverables | -145,000,000 | -341,000,000 | 73,000,000 | -100,000,000 | -105,000,000 | -325,000,000 | -37,000,000 | -154,000,000 | -66,000,000 | 197,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturities, fvo | 1,000,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities at fair value | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
limited partnerships and other alternative investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net additions to property and equipment | -121,000,000 | -37,000,000 | -51,000,000 | -41,000,000 | -84,000,000 | -92,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net payments for short-term investments | -180,000,000 | -207,000,000 | -227,000,000 | -608,000,000 | 930,000,000 | -136,000,000 | -1,317,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of debt | 0 | 0 | 0 | 0 | 0 | -500,000,000 | 0 | -1,170,000,000 | 0 | -413,000,000 | -320,000,000 | 0 | 0 | 0 | -416,000,000 | 0 | -385,000,000 | -200,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
cash and restricted cash — beginning of period | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and restricted cash — end of period | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net issuance (return) of shares under incentive and stock compensation plans | 15,000,000 | 0 | 9,000,000 | -43,000,000 | 2,000,000 | 18,000,000 | 21,000,000 | -11,000,000 | -28,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on sale of business | 1,000,000 | -3,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from businesses sold, net of cash transferred | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the issuance of debt | 0 | 0 | 490,000,000 | 0 | 0 | 0 | 500,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash and restricted cash, including cash classified within assets held for sale | 59,000,000 | -63,000,000 | 42,000,000 | -31,000,000 | -133,000,000 | 87,000,000 | 46,000,000 | 40,000,000 | -31,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net decrease in cash classified as assets held for sale | -260,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash and restricted cash | -126,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (payments for) short-term investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in securities loaned or sold under agreements to repurchase | -76,000,000 | -93,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net increase in cash classified as assets held for sale | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturities, available-for-sale | 2,371,000,000 | 3,469,000,000 | 6,578,000,000 | 6,316,000,000 | 4,771,000,000 | 5,834,000,000 | 5,536,000,000 | 4,800,000,000 | 5,711,000,000 | 5,117,000,000 | 3,906,000,000 | 4,164,000,000 | 3,565,000,000 | 5,698,000,000 | 5,072,000,000 | 6,639,000,000 | 10,275,000,000 | 5,524,000,000 | 7,827,000,000 | 8,020,000,000 | 5,460,000,000 | 5,885,000,000 | 5,310,000,000 | 8,015,000,000 | 11,790,000,000 | 8,048,000,000 | 9,216,000,000 | 8,860,000,000 | 11,835,000,000 | 14,028,000,000 | 11,758,000,000 | 11,534,000,000 | 11,789,000,000 | 8,520,000,000 | 11,034,000,000 | 22,195,000,000 | 4,928,000,000 | 4,575,000,000 | 8,020,000,000 | 7,919,000,000 | 9,771,000,000 | 9,126,000,000 | 8,666,000,000 | 10,601,000,000 | 7,949,000,000 | 8,216,000,000 | ||||||||||||||||||||||
fixed maturities, fair value option | 0 | 2,000,000 | 6,000,000 | 3,000,000 | 29,000,000 | 3,000,000 | 2,000,000 | 2,000,000 | 6,000,000 | 8,000,000 | 64,000,000 | 14,000,000 | 62,000,000 | 19,000,000 | 53,000,000 | 3,000,000 | 55,000,000 | -3,000,000 | 39,000,000 | 532,000,000 | -531,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
partnerships | 50,000,000 | 67,000,000 | 73,000,000 | 86,000,000 | 111,000,000 | 284,000,000 | 56,000,000 | 83,000,000 | 41,000,000 | 9,000,000 | 34,000,000 | 37,000,000 | 79,000,000 | 54,000,000 | 68,000,000 | 75,000,000 | 84,000,000 | 52,000,000 | 55,000,000 | 83,000,000 | 235,000,000 | 45,000,000 | 130,000,000 | 123,000,000 | 86,000,000 | 45,000,000 | 48,000,000 | 58,000,000 | 55,000,000 | 63,000,000 | 104,000,000 | 145,000,000 | -14,000,000 | 166,000,000 | 86,000,000 | 153,000,000 | 308,000,000 | 23,000,000 | 79,000,000 | 28,000,000 | 74,000,000 | 72,000,000 | 130,000,000 | 48,000,000 | 37,000,000 | 23,000,000 | 46,000,000 | 48,000,000 | ||||||||||||||||||||
less: net increase in cash classified within assets held for sale | -2,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized gains | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amounts paid for business acquired, net of cash acquired | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized capital losses | -147,000,000 | -80,000,000 | -99,000,000 | -57,000,000 | -109,000,000 | 231,000,000 | -80,000,000 | -163,000,000 | 9,000,000 | 3,000,000 | -75,000,000 | 20,000,000 | 384,000,000 | -575,000,000 | 39,000,000 | 176,000,000 | 28,000,000 | 261,000,000 | -11,000,000 | 276,000,000 | 194,000,000 | 1,219,000,000 | 681,000,000 | -84,000,000 | 816,000,000 | 3,449,000,000 | 282,000,000 | 1,371,000,000 | 429,000,000 | 363,000,000 | 248,000,000 | -46,000,000 | -22,000,000 | -27,000,000 | 179,000,000 | 121,000,000 | -144,000,000 | |||||||||||||||||||||||||||||||
less: net decrease in cash classified within assets held for sale | -1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax received | 32,000,000 | -90,000,000 | -24,000,000 | -1,000,000 | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from (payments for) from short-term investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net transfers from separate accounts related to investment and universal life-type contracts | 5,918,000,000 | 1,889,000,000 | 2,104,000,000 | 1,919,000,000 | 2,057,000,000 | 2,810,000,000 | 3,243,000,000 | 1,394,000,000 | 3,581,000,000 | 2,182,000,000 | 2,012,000,000 | 3,231,000,000 | 2,418,000,000 | 2,411,000,000 | 1,878,000,000 | 3,996,000,000 | 124,000,000 | 1,785,000,000 | 1,772,000,000 | 1,510,000,000 | 2,136,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
repayments at maturity or settlement of consumer notes | -4,000,000 | -1,000,000 | -1,000,000 | -4,000,000 | -7,000,000 | -5,000,000 | -18,000,000 | -7,000,000 | -6,000,000 | -35,000,000 | -19,000,000 | -68,000,000 | -382,000,000 | -302,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock issued, net of issuance costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amount paid for business acquired, net of cash acquired | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
federal home loan bank of boston ("fhlbb") advances | 50,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in securities loaned or sold under agreements to repurchase | -237,000,000 | -280,000,000 | 102,000,000 | -368,000,000 | -114,000,000 | 88,000,000 | 231,000,000 | 1,115,000,000 | 64,000,000 | 147,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pension settlement expense | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impact of tax reform on accrued and deferred income taxes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity securities, available-for-sale | 211,000,000 | 87,000,000 | 296,000,000 | 216,000,000 | 414,000,000 | 128,000,000 | 925,000,000 | 118,000,000 | 109,000,000 | 8,000,000 | 98,000,000 | 24,000,000 | 118,000,000 | 49,000,000 | 50,000,000 | 108,000,000 | 351,000,000 | 116,000,000 | 171,000,000 | 311,000,000 | -379,000,000 | 851,000,000 | 96,000,000 | 48,000,000 | 18,000,000 | 69,000,000 | 116,000,000 | 265,000,000 | 229,000,000 | 167,000,000 | 69,000,000 | 49,000,000 | ||||||||||||||||||||||||||||||||||||
net increase in cash, including cash classified as assets held for sale | -28,000,000 | 7,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized capital gains | 61,000,000 | 33,000,000 | 17,000,000 | -128,000,000 | -44,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale | -62,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in accrued and deferred income taxes | 507,000,000 | 161,000,000 | 116,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from business sold, net of cash transferred | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash, including cash classified as assets held for sale | -17,000,000 | -212,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash | -17,000,000 | 48,000,000 | 401,000,000 | -29,000,000 | 25,000,000 | -545,000,000 | 31,000,000 | 172,000,000 | -8,000,000 | 691,000,000 | -419,000,000 | 255,000,000 | 355,000,000 | -1,291,000,000 | 919,000,000 | -63,000,000 | -275,000,000 | -141,000,000 | 707,000,000 | 40,000,000 | -152,000,000 | -121,000,000 | -164,000,000 | 237,000,000 | 59,000,000 | 328,000,000 | -166,000,000 | 366,000,000 | 69,000,000 | 121,000,000 | -208,000,000 | 454,000,000 | -412,000,000 | 291,000,000 | 329,000,000 | 124,000,000 | 57,000,000 | 176,000,000 | ||||||||||||||||||||||||||||||
cash – beginning of period | 121,000,000 | 180,000,000 | 0 | 0 | 882,000,000 | 448,000,000 | 0 | -1,029,000,000 | 1,428,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash – end of period | 104,000,000 | 228,000,000 | -29,000,000 | 25,000,000 | 337,000,000 | 479,000,000 | 172,000,000 | -792,000,000 | 1,285,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pension settlement | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in unpaid losses and loss adjustment expenses, reserve for future policy benefits, and unearned premiums | 58,000,000 | 803,000,000 | 402,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from repurchase agreements program | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of repurchase agreements program | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net payments for derivatives | -189,000,000 | 195,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (decrease) in cash | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accrued and deferred income taxes | 122,000,000 | 50,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net realized capital (gains) losses | 155,000,000 | -100,000,000 | 86,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of business | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (payments for) proceeds from short-term investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (return) issuance of shares under incentive and stock compensation plans | 6,000,000 | 6,000,000 | 4,000,000 | -26,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash — beginning of period | 0 | 0 | 0 | 2,062,000,000 | 0 | 0 | 0 | 2,142,000,000 | 0 | 0 | 0 | 1,811,000,000 | 0 | 0 | 2,011,000,000 | 0 | 0 | 1,424,000,000 | 0 | 0 | 1,273,000,000 | 0 | 0 | 1,148,000,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||
cash — end of period | -8,000,000 | 691,000,000 | -419,000,000 | 2,317,000,000 | 355,000,000 | -1,291,000,000 | 919,000,000 | 2,079,000,000 | -275,000,000 | -141,000,000 | 707,000,000 | 1,851,000,000 | -121,000,000 | -164,000,000 | 2,248,000,000 | 328,000,000 | -166,000,000 | 1,790,000,000 | 274,000,000 | -313,000,000 | 1,394,000,000 | 454,000,000 | -412,000,000 | 1,439,000,000 | 124,000,000 | |||||||||||||||||||||||||||||||||||||||||||
• | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in deferred and accrued income taxes | 24,000,000 | -216,000,000 | 256,000,000 | -14,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net (payments for) proceeds from derivatives | -58,000,000 | 16,000,000 | -56,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in policy loans | 16,000,000 | 9,000,000 | 2,000,000 | 2,000,000 | 11,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
acquisitions, net of cash acquired | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash provided (used) by investing activities | -9,000,000 | -268,000,000 | -1,208,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash provided (used) for financing activities | 436,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax refunds received | -130,000,000 | 132,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in reserve for future policy benefits and unpaid losses and loss adjustment expenses and unearned premiums | 293,000,000 | 158,000,000 | 81,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net issuance (return) of shares under incentive and stock compensation plans and excess tax benefit | 10,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding, basic | 398,500,000 | -4,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dilutive effect of stock compensation plans | 4,200,000 | 700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dilutive effect of warrants | 3,600,000 | -900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding and dilutive potential common shares | 406,300,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share | -70,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 810,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 790,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(gain) loss on sale of business | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reinsurance gain on disposition | -20,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in receivables and other assets | 328,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
decrease in payables and accruals | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net disbursements from investment contracts related to policyholder funds—international variable annuities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in equity securities, trading | 1,508,000,000 | 61,000,000 | 481,000,000 | 1,870,000,000 | 268,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from business sold | 0 | 0 | 0 | 278,000,000 | 111,000,000 | 0 | -1,000,000 | 8,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from securities loaned or sold under agreements to repurchase | 2,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net issuance of shares under incentive and stock compensation plans, excess tax benefit, and other | 22,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax refunds | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations, net of tax | -41,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income from discontinued operations, net of tax | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding and dilutive potential common shares [1] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in payables and accruals | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes received | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of deferred policy acquisition costs and present value of future profits | 396,000,000 | 608,000,000 | 1,320,000,000 | 835,000,000 | 664,000,000 | 517,000,000 | 438,000,000 | 938,000,000 | 651,000,000 | 647,000,000 | 687,000,000 | 674,000,000 | 2,259,000,000 | 1,070,000,000 | 1,927,000,000 | 806,000,000 | 468,000,000 | 804,000,000 | 476,000,000 | 837,000,000 | 872,000,000 | 1,073,000,000 | 839,000,000 | 829,000,000 | 817,000,000 | 819,000,000 | 816,000,000 | 762,000,000 | 772,000,000 | 754,000,000 | 694,000,000 | 701,000,000 | 679,000,000 | |||||||||||||||||||||||||||||||||||
additions to deferred policy acquisition costs and present value of future profits | -350,000,000 | -647,000,000 | -655,000,000 | -653,000,000 | -653,000,000 | -649,000,000 | -661,000,000 | -658,000,000 | -680,000,000 | -698,000,000 | -734,000,000 | -838,000,000 | -934,000,000 | -947,000,000 | -956,000,000 | -1,017,000,000 | -1,060,000,000 | -1,061,000,000 | -1,056,000,000 | -1,032,000,000 | -998,000,000 | -1,024,000,000 | -1,038,000,000 | -1,044,000,000 | -1,027,000,000 | -1,003,000,000 | -1,057,000,000 | -1,008,000,000 | -984,000,000 | -970,000,000 | -952,000,000 | |||||||||||||||||||||||||||||||||||||
change in reserve for future policy benefits and unpaid losses and loss adjustment expenses and unearned premiums | 107,000,000 | 142,000,000 | 658,000,000 | 690,000,000 | -39,000,000 | -76,000,000 | -217,000,000 | 167,000,000 | 33,000,000 | -345,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in reinsurance recoverables | 3,000,000 | 0 | 2,000,000 | -92,000,000 | 59,000,000 | 106,000,000 | 85,000,000 | 117,000,000 | 45,000,000 | 84,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in receivables and other assets | -69,000,000 | 241,000,000 | -113,000,000 | -290,000,000 | -49,000,000 | 466,000,000 | -101,000,000 | 252,000,000 | -180,000,000 | 168,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in payables and accruals | -399,000,000 | -350,000,000 | -228,000,000 | 110,000,000 | -23,000,000 | -520,000,000 | 250,000,000 | -233,000,000 | -109,000,000 | -671,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in accrued and deferred income taxes | 117,000,000 | 369,000,000 | -56,000,000 | -483,000,000 | 67,000,000 | 566,000,000 | 123,000,000 | -256,000,000 | 128,000,000 | 6,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net receipts (disbursements) from investment contracts related to policyholder funds—international variable annuities | -2,458,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in equity securities, trading | 2,458,000,000 | -325,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reinsurance loss on dispositions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivatives | -17,000,000 | -883,000,000 | 1,903,000,000 | 165,000,000 | -465,000,000 | -842,000,000 | -80,000,000 | 836,000,000 | -252,000,000 | -581,000,000 | 610,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in policy loans | 9,000,000 | 175,000,000 | 12,000,000 | -1,000,000 | 2,000,000 | -5,000,000 | -3,000,000 | 35,000,000 | -5,000,000 | -7,000,000 | 11,000,000 | -49,000,000 | -13,000,000 | -28,000,000 | -57,000,000 | -11,000,000 | -48,000,000 | 6,000,000 | 52,000,000 | -103,000,000 | 9,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||
additions to property and equipment | -33,000,000 | -9,000,000 | -49,000,000 | -87,000,000 | -10,000,000 | -118,000,000 | -67,000,000 | -24,000,000 | -161,000,000 | -29,000,000 | -61,000,000 | -79,000,000 | -51,000,000 | -44,000,000 | -21,000,000 | -42,000,000 | -53,000,000 | -101,000,000 | -15,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
change in short-term investments | -44,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repurchase of warrants | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from net issuance of shares under incentive and stock compensation plans, excess tax benefit and other | 30,000,000 | 4,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash | -143,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes paid | -126,000,000 | -66,000,000 | -1,000,000 | 220,000,000 | 26,000,000 | 59,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax benefit at u.s. federal statutory rate | 229,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
tax-exempt interest | -35,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends received deduction | -27,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other [1] | -7,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax expense | 160,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net receipts (disbursements) from investment contracts related to policyholder funds — international variable annuities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill impairment | 0 | 0 | 0 | 0 | 0 | 32,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in payables for collateral under securities lending | 0 | 0 | -23,000,000 | -23,000,000 | -154,000,000 | -509,000,000 | -812,000,000 | -1,450,000,000 | -1,066,000,000 | -140,000,000 | -292,000,000 | 93,000,000 | 172,000,000 | 317,000,000 | 530,000,000 | 1,199,000,000 | 550,000,000 | 12,000,000 | 72,000,000 | 336,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of long-term debt | 0 | 0 | 0 | 1,090,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments at maturity for long-term debt and payments on capital lease obligations | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in commercial paper | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of mandatory convertible preferred stock | 0 | 0 | 0 | 556,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of common shares under public offering | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of preferred stock issued to the u.s. treasury | 0 | 0 | 0 | -3,400,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of preferred stock and warrants to u.s. treasury | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of common shares under discretionary equity issuance plan | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from net issuance of shares under incentive and stock compensation plans and excess tax benefit | -2,000,000 | 8,000,000 | 3,000,000 | 6,000,000 | 8,000,000 | -1,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in bank deposits and payments on bank advances | -227,000,000 | -20,000,000 | -9,000,000 | -1,000,000 | -38,000,000 | -13,000,000 | -13,000,000 | -30,000,000 | -102,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounting policy | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value measurements | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments and derivative instruments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reinsurance | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred policy acquisition costs and present value of future profits | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill and other intangible assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
separate accounts, death benefits and other insurance benefit features | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sales inducements | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reserve for future policy benefits and unpaid losses and loss adjustment expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | 161,000,000 | 87,000,000 | 149,000,000 | 76,000,000 | 130,000,000 | -598,000,000 | 21,000,000 | 167,000,000 | 85,000,000 | 89,000,000 | 287,000,000 | -10,000,000 | 154,000,000 | -3,000,000 | 211,000,000 | -183,000,000 | 89,000,000 | 81,000,000 | 0 | -12,000,000 | 14,000,000 | 30,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
employee benefit plans | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net receipts (disbursements) from investment contracts related to policyholder funds - international variable annuities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net disbursements from investment contracts related to policyholder funds — international variable annuities | -60,000,000 | -496,000,000 | -1,880,000,000 | -257,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends-received deduction | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
valuation allowance | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | 233,000,000 | -126,000,000 | 1,067,000,000 | -661,000,000 | -151,000,000 | -16,000,000 | -56,000,000 | -42,000,000 | -18,000,000 | -316,000,000 | 108,000,000 | -223,000,000 | 190,000,000 | 128,000,000 | 229,000,000 | 220,000,000 | 45,000,000 | 146,000,000 | 66,000,000 | -149,000,000 | -108,000,000 | 147,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
payments on capital lease obligations | -68,000,000 | 0 | -24,000,000 | 0 | 0 | -11,000,000 | -26,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net issuance (repayment) at maturity or settlement of consumer notes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of convertible preferred stock and warrants | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
separate accounts | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pension plans and postretirement healthcare and life insurance benefit plans | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net receipts from investment contracts related to policyholder funds — international variable annuities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment valuation allowance | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
nondeductible costs associated with warrants | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of shares under public offering | 0 | 1,600,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from issuance of shares under discretionary equity issuance plan | 0 | 873,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash paid during the period for: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest | 172,000,000 | 61,000,000 | 172,000,000 | 60,000,000 | 173,000,000 | 70,000,000 | 100,000,000 | 58,000,000 | 83,000,000 | 45,000,000 | 85,000,000 | 52,000,000 | 84,000,000 | 36,000,000 | 70,000,000 | 68,000,000 | 79,000,000 | 57,000,000 | 68,000,000 | 52,000,000 | 69,000,000 | 40,000,000 | 82,000,000 | 55,000,000 | ||||||||||||||||||||||||||||||||||||||||||||
net issuance (repayments) at maturity or settlement of consumer notes | -57,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of convertible preferred shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of warrants | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivative payments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase price of businesses acquired | 0 | -7,000,000 | -8,000,000 | 0 | 0 | -94,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in short-term debt | 0 | -354,000,000 | -21,000,000 | 0 | 275,000,000 | -69,000,000 | -131,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
additions to deferred policy acquisition costs and present value of future profits change in: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reserve for future policy benefits and unpaid losses and loss adjustment expenses and unearned premiums | -367,000,000 | 1,700,000,000 | 1,113,000,000 | 387,000,000 | 189,000,000 | 539,000,000 | 427,000,000 | 250,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reinsurance recoverables | 223,000,000 | -334,000,000 | 319,000,000 | -97,000,000 | 24,000,000 | 54,000,000 | 70,000,000 | -8,000,000 | 388,000,000 | 37,000,000 | -249,000,000 | 228,000,000 | 723,000,000 | 369,000,000 | -291,000,000 | -335,000,000 | 284,000,000 | -19,000,000 | -159,000,000 | -137,000,000 | 273,000,000 | 151,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
receivables and other assets | 270,000,000 | -21,000,000 | 247,000,000 | 459,000,000 | -60,000,000 | 174,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payables and accruals | 7,000,000 | -396,000,000 | 570,000,000 | 17,000,000 | -165,000,000 | -525,000,000 | -131,000,000 | -28,000,000 | 345,000,000 | 120,000,000 | 395,000,000 | -212,000,000 | -18,000,000 | -452,000,000 | -22,000,000 | 137,000,000 | -185,000,000 | -197,000,000 | 140,000,000 | 228,000,000 | -954,000,000 | 575,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
accrued and deferred income taxes | -67,000,000 | -276,000,000 | -552,000,000 | -1,536,000,000 | 86,000,000 | -154,000,000 | 81,000,000 | 253,000,000 | -62,000,000 | 347,000,000 | 85,000,000 | 361,000,000 | -214,000,000 | 425,000,000 | -70,000,000 | -65,000,000 | 164,000,000 | 139,000,000 | -173,000,000 | 22,000,000 | 39,000,000 | 641,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net receipts to investment contracts related to policyholder funds -international variable annuities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in all other securities | -37,000,000 | 144,000,000 | -31,000,000 | 251,000,000 | -456,000,000 | -319,000,000 | -244,000,000 | -24,000,000 | -233,000,000 | -122,000,000 | -38,000,000 | 65,000,000 | -340,000,000 | -141,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of consumer notes | 0 | 141,000,000 | 142,000,000 | 162,000,000 | 86,000,000 | 135,000,000 | 153,000,000 | 177,000,000 | 217,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of shares under incentive and stock compensation plans | 0 | 7,000,000 | 13,000,000 | 15,000,000 | 19,000,000 | 22,000,000 | 25,000,000 | 53,000,000 | 22,000,000 | 71,000,000 | 108,000,000 | 105,000,000 | 40,000,000 | 60,000,000 | 55,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
excess tax benefit on stock-based compensation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
return of shares under incentive and stock compensation plans to treasury stock | 0 | -3,000,000 | -1,000,000 | 0 | 0 | -17,000,000 | -1,000,000 | -1,000,000 | 0 | -12,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
change in: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net receipts to investment contracts related to policyholder funds — international variable annuities | -387,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in equity securities, held for trading | 449,000,000 | 4,094,000,000 | -3,034,000,000 | -1,801,000,000 | 3,036,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of long-term debt | 1,183,000,000 | 0 | 991,000,000 | 496,000,000 | 0 | 0 | 0 | 495,000,000 | 0 | 0 | 0 | 197,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments at maturity of consumer notes | -8,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
excess tax expense on stock-based compensation | -11,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reserve for future policy benefits, unpaid losses and loss adjustment expenses and unearned premiums | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables | -82,000,000 | -72,000,000 | 73,000,000 | 14,000,000 | -49,000,000 | -662,000,000 | 30,000,000 | 3,000,000 | -53,000,000 | 297,000,000 | -149,000,000 | 361,000,000 | -904,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
net receipts (disbursements) from investment contracts credited to policyholder funds — | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
international variable annuities associated with equity securities, held for trading | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed maturities, available-for-sale, including short-term investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivative receipts | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase price adjustment of business acquired | 3,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of subsidiary, net of cash transferred | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net transfers from (to) separate accounts related to investment and universal life-type contracts | 1,769,000,000 | 1,859,000,000 | 2,048,000,000 | 1,677,000,000 | -1,543,000,000 | 84,000,000 | -767,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of shares from equity unit contracts | 330,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment/maturity of long-term debt | 0 | -700,000,000 | -200,000,000 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of convertible preferred shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of warrants | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments of consumer notes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuances of shares under incentive and stock compensation plans | 74,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
excess tax benefits on stock-based compensation | 1,000,000 | 2,000,000 | 16,000,000 | 15,000,000 | -21,000,000 | 4,000,000 | 13,000,000 | 14,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid | -159,000,000 | -165,000,000 | -167,000,000 | -169,000,000 | -155,000,000 | -158,000,000 | -161,000,000 | -162,000,000 | -125,000,000 | -123,000,000 | -121,000,000 | -91,000,000 | -87,000,000 | -86,000,000 | -86,000,000 | -86,000,000 | -82,000,000 | -83,000,000 | -81,000,000 | -79,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
cash — beginning of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash — end of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of cash flow information — net cash paid during the year for: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net receipts (to) from investment contracts related to policyholder funds - international variable annuities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayments at maturity of long-term debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net receipts (to) from investment contracts related to policyholder funds — international variable annuities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net receipts (to) from investment contracts credited to policyholder accounts associated with equity securities, held for trading | -3,175,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in equity securities, held for trading | -413,000,000 | -756,000,000 | -2,400,000,000 | -1,132,000,000 | -1,734,000,000 | -1,803,000,000 | -44,000,000 | -2,028,000,000 | -3,575,000,000 | -3,770,000,000 | -3,307,000,000 | -2,220,000,000 | -2,949,000,000 | -1,701,000,000 | -1,148,000,000 | -1,611,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net receipts from investment contracts credited to policyholder accounts associated with equity securities, held for trading | 249,000,000 | 656,000,000 | 2,467,000,000 | 1,323,000,000 | 1,723,000,000 | 1,905,000,000 | 3,610,000,000 | 3,909,000,000 | 3,003,000,000 | 1,834,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
transfers from (to) separate accounts related to investment and universal life-type contracts | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of cash flow information: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash paid during the year for: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cumulative effect of accounting change, net of tax | 0 | 0 | 0 | 23,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of common stock in underwritten offering | 0 | 0 | 0 | 411,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
return of shares under incentive and stock compensation plans | -1,000,000 | 0 | 0 | -4,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash – beginning of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash – end of year | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reserve for future policy benefits and unpaid claims and claim adjustment expenses and unearned premiums | 292,000,000 | -90,000,000 | 198,000,000 | 875,000,000 | -3,000,000 | 221,000,000 | 874,000,000 | 635,000,000 | -1,022,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of short-term debt, net of repayments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net receipts from investment and universal life-type contracts | 543,000,000 | 688,000,000 | 43,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of short-term debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net receipts from investment and universal life-type contracts credited to policyholders accounts associated with equity securities, held for trading | 2,105,000,000 | 2,367,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reserve for future policy benefits, unpaid claims and claim adjustment expenses and unearned premiums | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
maturity of investments | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of business/affiliate, net of cash acquired | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of affiliates | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance (repayment) of short-term debt | -477,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of long-term debt | -250,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
return of shares to treasury under incentive and stock compensation plans | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of available-for-sale investments | -8,423,000,000 | -9,196,000,000 | -10,587,000,000 | -7,299,000,000 | -6,824,000,000 | -4,674,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
sale of available-for-sale investments | 5,580,000,000 | 7,434,000,000 | 8,905,000,000 | 4,333,000,000 | 5,035,000,000 | 4,315,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
maturity of available-for-sale investments | 1,128,000,000 | 911,000,000 | 750,000,000 | 1,379,000,000 | 1,715,000,000 | 763,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
repayment of short-term debt | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net receipts (disbursements) from investment and universal life-type contracts credited to policyholder accounts | 717,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
return of shares under incentive stock compensation plans | -1,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net receipts from investment and universal life-type contracts charged against policyholder accounts | 548,000,000 | -164,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(repayment) issuance of short-term debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
additions to property, plant and equipment | -49,000,000 | -59,000,000 | -18,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net receipts from investment and universal life-type contracts credited to policyholder accounts | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net receipts from investment and universal life-type contracts credited to policyholder accounts associated with equity securities, held for trading | 1,915,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash - beginning of period | 462,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash - end of period | 638,000,000 |