Consolidating Financial Information By Industry Segment (Table Text Block)

3 Months Ended

Jun. 30, 2019

Mar. 31, 2019

Jun. 30, 2018

Table Text Block Supplement [Abstract]

Consolidated Balance Sheet by Industry Segment

		Moving & Storage Consolidated		Property & Casualty Insurance (a)		Life Insurance (a)		Eliminations			AMERCO Consolidated
		(Unaudited)
		(In thousands)
Assets:
Cash and cash equivalents	$	500,497	$	6,061	$	13,273	$	0		$	519,831
Reinsurance recoverables and trade receivables, net		114,099		97,041		32,095		0			243,235
Inventories and parts, net		101,032		0		0		0			101,032
Prepaid expenses		188,153		0		0		0			188,153
Investments, fixed maturities and marketable equities		0		291,646		2,044,939		0			2,336,585
Investments, other		22,702		76,430		213,918		0			313,050
Deferred policy acquisition costs, net		0		0		124,490		0			124,490
Other assets		69,043		989		3,144		0			73,176
Right of use assets - financing, net		1,265,023		0		0		0			1,265,023
Right of use assets - operating		105,384		0		0		0			105,384
Related party assets		36,994		7,005		17,186		(29,970)	(c)		31,215
		2,402,927		479,172		2,449,045		(29,970)			5,301,174
Investment in subsidiaries		585,515		0		0		(585,515)	(b)		0
Property, plant and equipment, at cost:
Land		991,213		0		0		0			991,213
Buildings and improvements		4,183,178		0		0		0			4,183,178
Furniture and equipment		676,263		0		0		0			676,263
Rental trailers and other rental equipment		475,913		0		0		0			475,913
Rental trucks		3,324,576		0		0		0			3,324,576
		9,651,143		0		0		0			9,651,143
Less:  Accumulated depreciation		(2,477,573)		0		0		0			(2,477,573)
Total property, plant and equipment, net		7,173,570		0		0		0			7,173,570
Total assets	$	10,162,012	$	479,172	$	2,449,045	$	(615,485)		$	12,474,744
(a) Balances as of March 31, 2019
(b) Eliminate investment in subsidiaries
(c) Eliminate intercompany receivables and payables

		Moving & Storage Consolidated		Property & Casualty Insurance (a)		Life Insurance (a)		Eliminations			AMERCO Consolidated
		(Unaudited)
		(In thousands)
Liabilities:
Accounts payable and accrued expenses	$	581,441	$	5,216	$	4,482	$	0		$	591,139
Notes, loans and finance/capital leases payable, net		4,343,935		0		0		0			4,343,935
Operating lease liability		105,008		0		0		0			105,008
Policy benefits and losses, claims and loss expenses payable		417,168		222,971		373,794		0			1,013,933
Liabilities from investment contracts		0		0		1,705,422		0			1,705,422
Other policyholders' funds and liabilities		0		4,845		4,918		0			9,763
Deferred income		42,353		0		0		0			42,353
Deferred income taxes, net		777,316		6,323		10,529		0			794,168
Related party liabilities		26,791		3,448		754		(30,993)	(c)		0
Total liabilities		6,294,012		242,803		2,099,899		(30,993)			8,605,721
Stockholders' equity:
Series preferred stock:
Series A preferred stock		0		0		0		0			–
Series B preferred stock		0		0		0		0			–
Series A common stock		0		0		0		0			–
Common stock		10,497		3,301		2,500		(5,801)	(b)		10,497
Additional paid-in capital		453,745		91,120		26,271		(117,601)	(b)		453,535
Accumulated other comprehensive income (loss)		(24,896)		3,526		28,980		(31,483)	(b)		(23,873)
Retained earnings		4,109,174		138,422		291,395		(429,607)	(b)		4,109,384
Cost of common stock in treasury, net		(525,653)		0		0		0			(525,653)
Cost of preferred stock in treasury, net		(151,997)		0		0		0			(151,997)
Unearned employee stock ownership plan stock		(2,870)		0		0		0			(2,870)
Total stockholders' equity		3,868,000		236,369		349,146		(584,492)			3,869,023
Total liabilities and stockholders' equity	$	10,162,012	$	479,172	$	2,449,045	$	(615,485)		$	12,474,744
(a) Balances as of March 31, 2019
(b) Eliminate investment in subsidiaries
(c) Eliminate intercompany receivables and payables

		Moving & Storage Consolidated		Property & Casualty Insurance (a)		Life Insurance (a)		Eliminations			AMERCO Consolidated
Assets:		(In thousands)
Cash and cash equivalents	$	643,918	$	5,757	$	24,026	$	0		$	673,701
Reinsurance recoverables and trade receivables, net		90,832		102,120		31,833		0			224,785
Inventories and parts, net		103,504		0		0		0			103,504
Prepaid expenses		174,100		0		0		0			174,100
Investments, fixed maturities and marketable equities		0		279,641		1,955,756		0			2,235,397
Investments, other		23,013		74,679		203,044		0			300,736
Deferred policy acquisition costs, net		0		0		136,276		0			136,276
Other assets		72,768		2,456		3,130		0			78,354
Related party assets		35,997		6,639		16,466		(28,213)	(c)		30,889
		1,144,132		471,292		2,370,531		(28,213)			3,957,742
Investment in subsidiaries		534,157		0		0		(534,157)	(b)		0
Property, plant and equipment, at cost:
Land		976,454		0		0		0			976,454
Buildings and improvements		4,003,726		0		0		0			4,003,726
Furniture and equipment		689,780		0		0		0			689,780
Rental trailers and other rental equipment		590,039		0		0		0			590,039
Rental trucks		4,762,028		0		0		0			4,762,028
		11,022,027		0		0		0			11,022,027
Less:  Accumulated depreciation		(3,088,056)		0		0		0			(3,088,056)
Total property, plant and equipment, net		7,933,971		0		0		0			7,933,971
Total assets	$	9,612,260	$	471,292	$	2,370,531	$	(562,370)		$	11,891,713
(a) Balances as of December 31, 2018
(b) Eliminate investment in subsidiaries
(c) Eliminate intercompany receivables and payables

		Moving & Storage Consolidated		Property & Casualty Insurance (a)		Life Insurance (a)		Eliminations			AMERCO Consolidated
		(In thousands)
Liabilities:
Accounts payable and accrued expenses	$	548,099	$	2,844	$	5,930	$	0		$	556,873
Notes, loans and leases payable, net		4,163,323		0		0		0			4,163,323
Policy benefits and losses, claims and loss expenses payable		407,934		229,958		373,291		0			1,011,183
Liabilities from investment contracts		0		0		1,666,742		0			1,666,742
Other policyholders' funds and liabilities		0		5,259		9,788		0			15,047
Deferred income		35,186		0		0		0			35,186
Deferred income taxes, net		741,644		6,961		2,365		0			750,970
Related party liabilities		25,446		3,836		692		(29,974)	(c)		0
Total liabilities		5,921,632		248,858		2,058,808		(29,974)			8,199,324
Stockholders' equity:
Series preferred stock:
Series A preferred stock		0		0		0		0			–
Series B preferred stock		0		0		0		0			–
Series A common stock		0		0		0		0			–
Common stock		10,497		3,301		2,500		(5,801)	(b)		10,497
Additional paid-in capital		453,536		91,120		26,271		(117,601)	(b)		453,326
Accumulated other comprehensive income (loss)		(68,459)		(3,721)		(5,300)		10,782	(b)		(66,698)
Retained earnings		3,976,752		131,734		288,252		(419,776)	(b)		3,976,962
Cost of common stock in treasury, net		(525,653)		0		0		0			(525,653)
Cost of preferred stock in treasury, net		(151,997)		0		0		0			(151,997)
Unearned employee stock ownership plan stock		(4,048)		0		0		0			(4,048)
Total stockholders' equity		3,690,628		222,434		311,723		(532,396)			3,692,389
Total liabilities and stockholders' equity	$	9,612,260	$	471,292	$	2,370,531	$	(562,370)		$	11,891,713
(a) Balances as of December 31, 2018
(b) Eliminate investment in subsidiaries
(c) Eliminate intercompany receivables and payables

Consolidated Statement of Operations by Industry Segment

		Moving & Storage Consolidated		Property & Casualty Insurance (a)		Life Insurance (a)		Eliminations			AMERCO Consolidated
		(Unaudited)
		(In thousands)
Revenues:
Self-moving equipment rentals	$	749,136	$	0	$	0	$	(540)	(c)	$	748,596
Self-storage revenues		98,274		0		0		0			98,274
Self-moving and self-storage products and service sales		80,026		0		0		0			80,026
Property management fees		7,156		0		0		0			7,156
Life insurance premiums		0		0		32,710		0			32,710
Property and casualty insurance premiums		0		14,114		0		(690)	(c)		13,424
Net investment and interest income		3,267		6,191		26,701		(410)	(b)		35,749
Other revenue		62,539		0		910		(135)	(b)		63,314
Total revenues		1,000,398		20,305		60,321		(1,775)			1,079,249
Costs and expenses:
Operating expenses		522,524		8,081		5,228		(1,361)	(b,c)		534,472
Commission expenses		80,899		0		0		0			80,899
Cost of sales		48,929		0		0		0			48,929
Benefits and losses		0		3,758		45,248		0			49,006
Amortization of deferred policy acquisition costs		0		0		6,064		0			6,064
Lease expense		7,172		0		0		(136)	(b)		7,036
Depreciation, net of (gains) losses on disposal		140,600		0		0		0			140,600
Net gains on disposal of real estate		(1,622)		0		0		0			(1,622)
Total costs and expenses		798,502		11,839		56,540		(1,497)			865,384
Earnings from operations before equity in earnings of subsidiaries		201,896		8,466		3,781		(278)			213,865
Equity in earnings of subsidiaries		9,831		0		0		(9,831)	(d)		0
Earnings from operations		211,727		8,466		3,781		(10,109)			213,865
Other components of net periodic benefit costs		(263)		0		0		0			(263)
Interest expense		(39,166)		0		0		278	(b)		(38,888)
Pretax earnings		172,298		8,466		3,781		(9,831)			174,714
Income tax expense		(39,876)		(1,778)		(638)		0			(42,292)
Earnings available to common stockholders	$	132,422	$	6,688	$	3,143	$	(9,831)		$	132,422
(a) Balances for the quarter ended March 31, 2019
(b) Eliminate intercompany lease / interest income
(c) Eliminate intercompany premiums
(d) Eliminate equity in earnings of subsidiaries

		Moving & Storage Consolidated		Property & Casualty Insurance (a)		Life Insurance (a)		Eliminations			AMERCO Consolidated
		(Unaudited)
		(In thousands)
Revenues:
Self-moving equipment rentals	$	717,542	$	0	$	0	$	(940)	(c)	$	716,602
Self-storage revenues		86,212		0		0		0			86,212
Self-moving and self-storage products and service sales		79,241		0		0		0			79,241
Property management fees		7,416		0		0		0			7,416
Life insurance premiums		0		0		36,888		0			36,888
Property and casualty insurance premiums		0		13,348		0		(567)			12,781
Net investment and interest income		2,563		2,541		19,917		(416)	(b)		24,605
Other revenue		54,911		0		1,058		(137)	(b)		55,832
Total revenues		947,885		15,889		57,863		(2,060)			1,019,577
Costs and expenses:
Operating expenses		483,620		8,700		5,873		(1,639)	(b,c)		496,554
Commission expenses		79,257		0		0		0			79,257
Cost of sales		49,881		0		0		0			49,881
Benefits and losses		0		4,476		44,078		0			48,554
Amortization of deferred policy acquisition costs		0		0		6,031		0			6,031
Lease expense		8,305		0		0		(136)	(b)		8,169
Depreciation, net of (gains) losses on disposal		126,427		0		0		0			126,427
Net (gains) losses on disposal of real estate		0		0		0		0			0
Total costs and expenses		747,490		13,176		55,982		(1,775)			814,873
Earnings from operations before equity in earnings of subsidiaries		200,395		2,713		1,881		(285)			204,704
Equity in earnings of subsidiaries		3,656		0		0		(3,656)	(d)		0
Earnings from operations		204,051		2,713		1,881		(3,941)			204,704
Other components of net periodic benefit costs		(253)		0		0		0			(253)
Interest expense		(35,539)		0		0		285	(b)		(35,254)
Pretax earnings		168,259		2,713		1,881		(3,656)			169,197
Income tax expense		(40,410)		(545)		(393)		0			(41,348)
Earnings available to common stockholders	$	127,849	$	2,168	$	1,488	$	(3,656)		$	127,849
(a) Balances for the quarter ended March 31, 2018
(b) Eliminate intercompany lease / interest income
(c) Eliminate intercompany premiums
(d) Eliminate equity in earnings of subsidiaries

Consolidated Cash Flow Statement by Industry Segment

		Moving & Storage Consolidated		Property & Casualty Insurance (a)		Life Insurance (a)		Elimination		AMERCO Consolidated
		(Unaudited)
Cash flows from operating activities:		(In thousands)
Net earnings	$	132,422	$	6,688	$	3,143	$	(9,831)	$	132,422
Earnings from consolidated entities		(9,831)		0		0		9,831		0
Adjustments to reconcile net earnings to the cash provided by operations:
Depreciation		157,278		0		0		0		157,278
Amortization of deferred policy acquisition costs		0		0		6,064		0		6,064
Amortization of premiums and accretion of discounts related to investments, net		0		374		2,901		0		3,275
Amortization of debt issuance costs		1,053		0		0		0		1,053
Interest credited to policyholders		0		0		14,218		0		14,218
Change in allowance for losses on trade receivables		(162)		0		0		0		(162)
Change in allowance for inventories and parts reserve		367		0		0		0		367
Net gains on disposal of personal property		(16,678)		0		0		0		(16,678)
Net gains on disposal of real estate		(1,622)		0		0		0		(1,622)
Net gains on sales of investments		0		(33)		(4,234)		0		(4,267)
Net gains on equity investments		0		(2,215)		0		0		(2,215)
Deferred income taxes		35,980		(2,564)		(3,653)		0		29,763
Net change in other operating assets and liabilities:
Reinsurance recoverables and trade receivables		(23,033)		5,078		(260)		0		(18,215)
Inventories and parts		2,110		0		0		0		2,110
Prepaid expenses		(15,720)		0		0		0		(15,720)
Capitalization of deferred policy acquisition costs		0		0		(5,090)		0		(5,090)
Other assets		1,805		1,546		(14)		0		3,337
Related party assets		(925)		(439)		0		0		(1,364)
Accounts payable and accrued expenses		86,094		2,368		1,254		0		89,716
Policy benefits and losses, claims and loss expenses payable		8,802		(6,987)		503		0		2,318
Other policyholders' funds and liabilities		0		(414)		(4,867)		0		(5,281)
Deferred income		8,527		0		0		0		8,527
Related party liabilities		1,345		(315)		62		0		1,092
Net cash provided by operating activities		367,812		3,087		10,027		0		380,926
Cash flows from investing activities:
Escrow deposits		1,968		0		0		0		1,968
Purchases of:
Property, plant and equipment		(847,248)		0		0		0		(847,248)
Short term investments		0		(8,689)		0		0		(8,689)
Fixed maturities investments		0		(5,149)		(71,366)		0		(76,515)
Real estate		0		(328)		0		0		(328)
Mortgage loans		0		0		(9,410)		0		(9,410)
Proceeds from sales and paydowns of:
Property, plant and equipment		160,754		0		0		0		160,754
Short term investments		0		6,942		40		0		6,982
Fixed maturities investments		0		4,196		34,062		0		38,258
Real estate		311		0		0		0		311
Mortgage loans		0		245		1,433		0		1,678
Net cash used by investing activities		(684,215)		(2,783)		(45,241)		0		(732,239)
		(page 1 of 2)
(a) Balance for the period ended March 31, 2019

		Moving & Storage Consolidated		Property & Casualty Insurance (a)		Life Insurance (a)		Elimination		AMERCO Consolidated
		(Unaudited)
Cash flows from financing activities:		(In thousands)
Borrowings from credit facilities		331,200		0		2,500		0		333,700
Principal repayments on credit facilities		(58,604)		0		(2,500)		0		(61,104)
Payments of debt issuance costs		(5)		0		0		0		(5)
Finance/capital lease payments		(94,446)		0		0		0		(94,446)
Employee stock ownership plan stock		(131)		0		0		0		(131)
Common stock dividend paid		(9,796)		0		0		0		(9,796)
Investment contract deposits		0		0		61,515		0		61,515
Investment contract withdrawals		0		0		(37,054)		0		(37,054)
Net cash provided (used) by financing activities		168,218		0		24,461		0		192,679
Effects of exchange rate on cash		4,764		0		0		0		4,764
Increase (decrease) in cash and cash equivalents		(143,421)		304		(10,753)		0		(153,870)
Cash and cash equivalents at beginning of period		643,918		5,757		24,026		0		673,701
Cash and cash equivalents at end of period	$	500,497	$	6,061	$	13,273	$	0	$	519,831
		(page 2 of 2)
(a) Balance for the period ended March 31, 2019

		Moving & Storage Consolidated		Property & Casualty Insurance (a)		Life Insurance (a)		Elimination		AMERCO Consolidated
		(Unaudited)
Cash flows from operating activities:		(In thousands)
Net earnings	$	127,849	$	2,168	$	1,488	$	(3,656)	$	127,849
Earnings from consolidated entities		(3,656)		0		0		3,656		0
Adjustments to reconcile net earnings to cash provided by operations:
Depreciation		142,722		0		0		0		142,722
Amortization of deferred policy acquisition costs		0		0		6,031		0		6,031
Amortization of premiums and accretion of discounts related to investments, net		0		301		2,918		0		3,219
Amortization of debt issuance costs		984		0		0		0		984
Interest credited to policyholders		0		0		8,060		0		8,060
Change in allowance for losses on trade receivables		40		0		(2)		0		38
Change in allowance for inventories and parts reserve		2,139		0		0		0		2,139
Net gains on disposal of personal property		(16,295)		0		0		0		(16,295)
Net (gains) losses on sales of investments		0		(38)		544		0		506
Net losses on equity investments		0		1,176		0		0		1,176
Deferred income taxes		38,011		36		(473)		0		37,574
Net change in other operating assets and liabilities:
Reinsurance recoverables and trade receivables		(14,763)		2,331		(2,111)		0		(14,543)
Inventories and parts		(7,170)		0		0		0		(7,170)
Prepaid expenses		(17,999)		0		0		0		(17,999)
Capitalization of deferred policy acquisition costs		0		0		(5,808)		0		(5,808)
Other assets		(132)		(243)		(386)		0		(761)
Related party assets		4,713		(2,508)		0		0		2,205
Accounts payable and accrued expenses		84,004		835		1,591		0		86,430
Policy benefits and losses, claims and loss expenses payable		4,208		(1,466)		2,549		0		5,291
Other policyholders' funds and liabilities		0		(577)		393		0		(184)
Deferred income		7,732		0		0		0		7,732
Related party liabilities		(913)		2,003		(616)		0		474
Net cash provided by operating activities		351,474		4,018		14,178		0		369,670
Cash flows from investing activities:
Escrow deposits		(4,559)		0		0		0		(4,559)
Purchases of:
Property, plant and equipment		(548,147)		0		0		0		(548,147)
Short term investments		0		(14,220)		(170)		0		(14,390)
Fixed maturities investments		0		(12,754)		(90,367)		0		(103,121)
Equity securities		0		0		(46)		0		(46)
Preferred stock		0		0		(81)		0		(81)
Real estate		0		(59)		(21)		0		(80)
Mortgage loans		0		(2,287)		(5,975)		0		(8,262)
Proceeds from sales and paydowns of:
Property, plant and equipment		187,546		0		0		0		187,546
Short term investments		0		20,287		129		0		20,416
Fixed maturities investments		0		2,869		11,776		0		14,645
Real estate		0		500		0		0		500
Mortgage loans		0		198		9,204		0		9,402
Net cash used by investing activities		(365,160)		(5,466)		(75,551)		0		(446,177)
		(page 1 of 2)
(a) Balance for the period ended March 31, 2018

		Moving & Storage Consolidated		Property & Casualty Insurance (a)		Life Insurance (a)		Elimination		AMERCO Consolidated
		(Unaudited)
Cash flows from financing activities:		(In thousands)
Borrowings from credit facilities		103,641		0		0		0		103,641
Principal repayments on credit facilities		(73,770)		0		0		0		(73,770)
Payment of debt issuance costs		(1,420)		0		0		0		(1,420)
Capital lease payments		(84,374)		0		0		0		(84,374)
Employee stock ownership plan stock		(57)		0		0		0		(57)
Common stock dividend paid		(9,795)		0		0		0		(9,795)
Investment contract deposits		0		0		76,343		0		76,343
Investment contract withdrawals		0		0		(38,763)		0		(38,763)
Net cash provided by financing activities		(65,775)		0		37,580		0		(28,195)
Effects of exchange rate on cash		(4,275)		0		0		0		(4,275)
Decrease in cash and cash equivalents		(83,736)		(1,448)		(23,793)		0		(108,977)
Cash and cash equivalents at beginning of period		702,036		6,639		50,713		0		759,388
Cash and cash equivalents at end of period	$	618,300	$	5,191	$	26,920	$	0	$	650,411
		(page 2 of 2)
(a) Balance for the period ended March 31, 2018