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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Revenues    
Net earned premiums $ 1,803 $ 1,785
Net investment income 571 490
Net investment gains:    
Other-than-temporary impairment losses (14) (6)
Other net investment gains 45 18
Net investment gains 31 12
Non-insurance warranty revenue 281 238
Other revenues 9 10
Total revenues 2,695 2,535
Claims, Benefits and Expenses    
Insurance claims and policyholders’ benefits 1,357 1,339
Amortization of deferred acquisition costs 342 296
Non-insurance warranty expense 260 216
Other operating expenses 283 303
Interest 34 35
Total claims, benefits and expenses 2,276 2,189
Income before income tax 419 346
Income tax expense (77) (55)
Net income $ 342 $ 291
Basic earnings per share    
Basic earnings per share (in usd per share) $ 1.26 $ 1.07
Diluted earnings per share    
Diluted earnings per share (in usd per share) 1.25 1.07
Dividends declared per share (usd per share) $ 2.35 $ 2.30
Weighted Average Outstanding Common Stock and Common Stock Equivalents    
Basic (in shares) 271.6 271.4
Diluted (in shares) 272.6 272.4