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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Investments:    
Fixed maturity securities at fair value (amortized cost of $38,023 and $38,085) $ 41,639 $ 39,546
Equity securities at fair value (cost of $812 and $844) 830 780
Limited partnership investments 1,785 1,982
Other invested assets 58 53
Mortgage loans 916 839
Short term investments 1,519 1,286
Total investments 46,747 44,486
Cash 271 310
Reinsurance receivables (less allowance for uncollectible receivables of $29 and $29) 4,234 4,426
Insurance receivables (less allowance for uncollectible receivables of $39 and $42) 2,651 2,323
Accrued investment income 398 391
Deferred acquisition costs 681 633
Deferred income taxes 106 392
Property and equipment at cost (less accumulated depreciation of $208 and $216) 302 324
Goodwill 146 146
Deferred non-insurance warranty acquisition expense 2,678 2,513
Other assets (includes $- and $8 due from Loews Corporation) 1,749 1,208
Total assets 59,963 57,152
Insurance reserves:    
Claim and claim adjustment expenses 21,729 21,984
Unearned premiums 4,648 4,183
Future policy benefits 11,537 10,597
Long term debt 2,678 2,680
Deferred non-insurance warranty revenue 3,595 3,402
Other liabilities (includes $48 and $23 due to Loews Corporation) 3,689 3,089
Total liabilities 47,876 45,935
Commitments and contingencies  
Stockholders' Equity    
Common stock ($2.50 par value; 500,000,000 shares authorized; 273,040,243 shares issued; 271,503,818 and 271,456,978 shares outstanding) 683 683
Additional paid-in capital 2,190 2,192
Retained earnings 9,159 9,277
Accumulated other comprehensive income (loss) 120 (878)
Treasury stock (1,536,425 and 1,583,265 shares), at cost (65) (57)
Total stockholders’ equity 12,087 11,217
Total liabilities and stockholders' equity $ 59,963 $ 57,152