XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues    
Direct premiums and escrow fees $ 774 $ 786
Agent premiums 948 845
Information and other 309 279
Net investment income 46 49
Net investment (losses) gains (realized gains of $50 and $5) (43) 67
Total revenues 2,034 2,026
Expenses    
Personnel costs 602 535
Premiums retained by agents 758 671
Other operating expenses 337 296
Provision for policy losses and other claims 122 140
Depreciation and amortization 41 38
Premium taxes 24 23
Interest 20 17
Total expenses 1,904 1,720
Income before income taxes 130 306
Income taxes 32 72
Net income $ 98 $ 234
Net income per share (Note 10):    
Basic [1] $ 0.89 $ 2.10
Diluted [1] 0.88 2.10
Cash dividends declared per share $ 0.51 $ 0.46
Weighted-average common shares outstanding (Note 10):    
Basic 110.4 111.1
Diluted 110.8 111.4
[1] Net income per share may not recalculate due to rounding.