XML 77 R65.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidating financial information by industry segment (Balance Sheets) (Details) - USD ($)
$ in Thousands
Sep. 30, 2020
Mar. 31, 2020
Sep. 30, 2019
Mar. 31, 2019
ASSETS:        
Cash and cash equivalents $ 1,215,568 $ 494,352 $ 525,231 $ 673,701
Reinsurance recoverables and trade receivables, net 213,397 186,672    
Inventories, net 100,595 101,083    
Prepaid expenses 447,073 562,904    
Investments, fixed maturities and marketable equities 2,495,342 2,492,738    
Investments, other 425,527 360,373    
Deferred policy acquisition costs, net 93,407 103,118    
Other assets 71,314 71,956    
Right of use Assets - Financing 970,361 1,080,353    
Right of use Assets - Operating 101,946 106,631    
Related party assets 32,397 34,784    
Subtotal assets 6,166,927 5,594,964    
Investments in subsidiaries 0 0    
Property, plant and equipment, at cost:        
Land 1,052,205 1,032,945    
Buildings and improvements 4,863,590 4,663,461    
Furniture and equipment 767,290 752,363    
Property, plant and equipment (gross) 10,859,224 10,556,222    
Less: Accumulated depreciation (2,902,673) (2,713,162)    
Total property, plant and equipment 7,956,551 7,843,060    
Total assets 14,123,478 13,438,024 12,856,202  
Liabilities:        
Accounts payable and accrued expenses 630,666 554,353    
Notes, loans and leases payable 4,701,225 4,621,291    
Operating lease liability 101,976 106,443    
Policy benefits and losses, claims and loss expenses payable 1,015,189 997,647    
Liabilities from investment contracts 1,838,280 1,802,217    
Other policyholders' funds and liabilities 5,426 10,190    
Deferred income 41,715 31,620    
Deferred income taxes, net 1,183,370 1,093,543    
Related party liabilities 0 0    
Total liabilities 9,517,847 9,217,304    
Stockholders' equity:        
Additional paid-in capital 453,819 453,819    
Accumulated other comprehensive loss 78,156 34,652    
Retained earnings 4,740,809 4,399,402    
Unearned employee stock ownership plan shares 0 0    
Total stockholders' equity 4,605,631 4,220,720    
Total liabilities and stockholders' equity 14,123,478 13,438,024    
Rental Trailers and Other Rental Equipment [Member]        
Property, plant and equipment, at cost:        
Property subject to or available for operating lease, gross 531,465 511,520    
Rental Trucks [Member]        
Property, plant and equipment, at cost:        
Property subject to or available for operating lease, gross 3,644,674 3,595,933    
Series A Preferred Stock [Member]        
Stockholders' equity:        
Preferred stock, value, issued 0 0    
Series B Preferred Stock [Member]        
Stockholders' equity:        
Preferred stock, value, issued 0 0    
Serial Common Stock [Member]        
Stockholders' equity:        
Common stock, value, issued 0 0    
Amerco Common Stock [Member]        
Stockholders' equity:        
Common stock, value, issued 10,497 10,497    
Common Stock in Treasury [Member]        
Stockholders' equity:        
Treasury stock, value (525,653) (525,653)    
Preferred Stock in Treasury [Member]        
Stockholders' equity:        
Treasury stock, value (151,997) (151,997)    
Operating Segments [Member] | Moving and Storage Consolidations [Member]        
ASSETS:        
Cash and cash equivalents 1,163,253 459,078 498,984 643,918
Reinsurance recoverables and trade receivables, net 78,982 60,073    
Inventories, net 100,595 101,083    
Prepaid expenses 447,073 562,904    
Investments, fixed maturities and marketable equities 0 0    
Investments, other 20,988 20,988    
Deferred policy acquisition costs, net 0 0    
Other assets 68,169 69,128    
Right of use Assets - Financing 970,361 1,080,353    
Right of use Assets - Operating 101,482 106,631    
Related party assets 39,481 41,027    
Subtotal assets 2,990,384 2,501,265    
Investments in subsidiaries 705,467 668,498    
Property, plant and equipment, at cost:        
Land 1,052,205 1,032,945    
Buildings and improvements 4,863,590 4,663,461    
Furniture and equipment 767,290 752,363    
Property, plant and equipment (gross) 10,859,224 10,556,222    
Less: Accumulated depreciation (2,902,673) (2,713,162)    
Total property, plant and equipment 7,956,551 7,843,060    
Total assets 11,652,402 11,012,823    
Liabilities:        
Accounts payable and accrued expenses 622,424 545,685    
Notes, loans and leases payable 4,689,896 4,609,844    
Operating lease liability 101,493 106,443    
Policy benefits and losses, claims and loss expenses payable 425,376 410,107    
Liabilities from investment contracts 0 0    
Other policyholders' funds and liabilities 0 0    
Deferred income 41,715 31,620    
Deferred income taxes, net 1,143,886 1,063,681    
Related party liabilities 25,928 24,275    
Total liabilities 7,050,718 6,791,655    
Stockholders' equity:        
Additional paid-in capital 454,029 454,029    
Accumulated other comprehensive loss 74,209 35,100    
Retained earnings 4,740,599 4,399,192    
Unearned employee stock ownership plan shares 0 0    
Total stockholders' equity 4,601,684 4,221,168    
Total liabilities and stockholders' equity 11,652,402 11,012,823    
Operating Segments [Member] | Moving and Storage Consolidations [Member] | Rental Trailers and Other Rental Equipment [Member]        
Property, plant and equipment, at cost:        
Property subject to or available for operating lease, gross 531,465 511,520    
Operating Segments [Member] | Moving and Storage Consolidations [Member] | Rental Trucks [Member]        
Property, plant and equipment, at cost:        
Property subject to or available for operating lease, gross 3,644,674 3,595,933    
Operating Segments [Member] | Moving and Storage Consolidations [Member] | Series A Preferred Stock [Member]        
Stockholders' equity:        
Preferred stock, value, issued 0 0    
Operating Segments [Member] | Moving and Storage Consolidations [Member] | Series B Preferred Stock [Member]        
Stockholders' equity:        
Preferred stock, value, issued 0 0    
Operating Segments [Member] | Moving and Storage Consolidations [Member] | Serial Common Stock [Member]        
Stockholders' equity:        
Common stock, value, issued 0 0    
Operating Segments [Member] | Moving and Storage Consolidations [Member] | Amerco Common Stock [Member]        
Stockholders' equity:        
Common stock, value, issued 10,497 10,497    
Operating Segments [Member] | Moving and Storage Consolidations [Member] | Common Stock in Treasury [Member]        
Stockholders' equity:        
Treasury stock, value (525,653) (525,653)    
Operating Segments [Member] | Moving and Storage Consolidations [Member] | Preferred Stock in Treasury [Member]        
Stockholders' equity:        
Treasury stock, value (151,997) (151,997)    
Operating Segments [Member] | Property and Casualty Insurance [Member]        
ASSETS:        
Cash and cash equivalents 3,483 4,794 11,576 5,757
Reinsurance recoverables and trade receivables, net 91,371 93,995    
Inventories, net 0 0    
Prepaid expenses 0 0    
Investments, fixed maturities and marketable equities 285,987 288,998    
Investments, other 99,542 90,145    
Deferred policy acquisition costs, net 0 0    
Other assets 816 680    
Right of use Assets - Financing 0 0    
Right of use Assets - Operating 262 0    
Related party assets 6,281 7,137    
Subtotal assets 487,742 485,749    
Investments in subsidiaries 0 0    
Property, plant and equipment, at cost:        
Land 0 0    
Buildings and improvements 0 0    
Furniture and equipment 0 0    
Property, plant and equipment (gross) 0 0    
Less: Accumulated depreciation 0 0    
Total property, plant and equipment 0 0    
Total assets 487,742 485,749    
Liabilities:        
Accounts payable and accrued expenses 2,890 5,530    
Notes, loans and leases payable 0 0    
Operating lease liability 271 0    
Policy benefits and losses, claims and loss expenses payable 204,592 210,341    
Liabilities from investment contracts 0 0    
Other policyholders' funds and liabilities 658 5,751    
Deferred income 0 0    
Deferred income taxes, net 10,491 8,447    
Related party liabilities 4,490 4,616    
Total liabilities 223,392 234,685    
Stockholders' equity:        
Additional paid-in capital 91,120 91,120    
Accumulated other comprehensive loss 17,243 12,581    
Retained earnings 152,686 144,062    
Unearned employee stock ownership plan shares 0 0    
Total stockholders' equity 264,350 251,064    
Total liabilities and stockholders' equity 487,742 485,749    
Operating Segments [Member] | Property and Casualty Insurance [Member] | Rental Trailers and Other Rental Equipment [Member]        
Property, plant and equipment, at cost:        
Property subject to or available for operating lease, gross 0 0    
Operating Segments [Member] | Property and Casualty Insurance [Member] | Rental Trucks [Member]        
Property, plant and equipment, at cost:        
Property subject to or available for operating lease, gross 0 0    
Operating Segments [Member] | Property and Casualty Insurance [Member] | Series A Preferred Stock [Member]        
Stockholders' equity:        
Preferred stock, value, issued 0 0    
Operating Segments [Member] | Property and Casualty Insurance [Member] | Series B Preferred Stock [Member]        
Stockholders' equity:        
Preferred stock, value, issued 0 0    
Operating Segments [Member] | Property and Casualty Insurance [Member] | Serial Common Stock [Member]        
Stockholders' equity:        
Common stock, value, issued 0 0    
Operating Segments [Member] | Property and Casualty Insurance [Member] | Amerco Common Stock [Member]        
Stockholders' equity:        
Common stock, value, issued 3,301 3,301    
Operating Segments [Member] | Property and Casualty Insurance [Member] | Common Stock in Treasury [Member]        
Stockholders' equity:        
Treasury stock, value 0 0    
Operating Segments [Member] | Property and Casualty Insurance [Member] | Preferred Stock in Treasury [Member]        
Stockholders' equity:        
Treasury stock, value 0 0    
Operating Segments [Member] | Life Insurance [Member]        
ASSETS:        
Cash and cash equivalents 48,832 30,480 14,671 24,026
Reinsurance recoverables and trade receivables, net 43,044 32,604    
Inventories, net 0 0    
Prepaid expenses 0 0    
Investments, fixed maturities and marketable equities 2,209,355 2,203,740    
Investments, other 304,997 249,240    
Deferred policy acquisition costs, net 93,407 103,118    
Other assets 2,329 2,148    
Right of use Assets - Financing 0 0    
Right of use Assets - Operating 202 0    
Related party assets 14,213 18,629    
Subtotal assets 2,716,379 2,639,959    
Investments in subsidiaries 0 0    
Property, plant and equipment, at cost:        
Land 0 0    
Buildings and improvements 0 0    
Furniture and equipment 0 0    
Property, plant and equipment (gross) 0 0    
Less: Accumulated depreciation 0 0    
Total property, plant and equipment 0 0    
Total assets 2,716,379 2,639,959    
Liabilities:        
Accounts payable and accrued expenses 5,352 3,138    
Notes, loans and leases payable 11,329 11,447    
Operating lease liability 212 0    
Policy benefits and losses, claims and loss expenses payable 385,221 377,199    
Liabilities from investment contracts 1,838,280 1,802,217    
Other policyholders' funds and liabilities 4,768 4,439    
Deferred income 0 0    
Deferred income taxes, net 28,993 21,415    
Related party liabilities 1,107 2,670    
Total liabilities 2,275,262 2,222,525    
Stockholders' equity:        
Additional paid-in capital 26,271 26,271    
Accumulated other comprehensive loss 114,835 78,550    
Retained earnings 297,511 310,113    
Unearned employee stock ownership plan shares 0 0    
Total stockholders' equity 441,117 417,434    
Total liabilities and stockholders' equity 2,716,379 2,639,959    
Operating Segments [Member] | Life Insurance [Member] | Rental Trailers and Other Rental Equipment [Member]        
Property, plant and equipment, at cost:        
Property subject to or available for operating lease, gross 0 0    
Operating Segments [Member] | Life Insurance [Member] | Rental Trucks [Member]        
Property, plant and equipment, at cost:        
Property subject to or available for operating lease, gross 0 0    
Operating Segments [Member] | Life Insurance [Member] | Series A Preferred Stock [Member]        
Stockholders' equity:        
Preferred stock, value, issued 0 0    
Operating Segments [Member] | Life Insurance [Member] | Series B Preferred Stock [Member]        
Stockholders' equity:        
Preferred stock, value, issued 0 0    
Operating Segments [Member] | Life Insurance [Member] | Serial Common Stock [Member]        
Stockholders' equity:        
Common stock, value, issued 0 0    
Operating Segments [Member] | Life Insurance [Member] | Amerco Common Stock [Member]        
Stockholders' equity:        
Common stock, value, issued 2,500 2,500    
Operating Segments [Member] | Life Insurance [Member] | Common Stock in Treasury [Member]        
Stockholders' equity:        
Treasury stock, value 0 0    
Operating Segments [Member] | Life Insurance [Member] | Preferred Stock in Treasury [Member]        
Stockholders' equity:        
Treasury stock, value 0 0    
Consolidation, Eliminations [Member]        
ASSETS:        
Cash and cash equivalents 0 0 $ 0 $ 0
Reinsurance recoverables and trade receivables, net 0 0    
Inventories, net 0 0    
Prepaid expenses 0 0    
Investments, fixed maturities and marketable equities 0 0    
Investments, other 0 0    
Deferred policy acquisition costs, net 0 0    
Other assets 0 0    
Right of use Assets - Financing 0 0    
Right of use Assets - Operating 0 0    
Related party assets (27,578) (32,009)    
Subtotal assets (27,578) (32,009)    
Investments in subsidiaries (705,467) (668,498)    
Property, plant and equipment, at cost:        
Land 0 0    
Buildings and improvements 0 0    
Furniture and equipment 0 0    
Property, plant and equipment (gross) 0 0    
Less: Accumulated depreciation 0 0    
Total property, plant and equipment 0 0    
Total assets (733,045) (700,507)    
Liabilities:        
Accounts payable and accrued expenses 0 0    
Notes, loans and leases payable 0 0    
Operating lease liability 0 0    
Policy benefits and losses, claims and loss expenses payable 0 0    
Liabilities from investment contracts 0 0    
Other policyholders' funds and liabilities 0 0    
Deferred income 0 0    
Deferred income taxes, net 0 0    
Related party liabilities (31,525) (31,561)    
Total liabilities (31,525) (31,561)    
Stockholders' equity:        
Additional paid-in capital (117,601) (117,601)    
Accumulated other comprehensive loss (128,131) (91,579)    
Retained earnings (449,987) (453,965)    
Unearned employee stock ownership plan shares 0 0    
Total stockholders' equity (701,520) (668,946)    
Total liabilities and stockholders' equity (733,045) (700,507)    
Consolidation, Eliminations [Member] | Rental Trailers and Other Rental Equipment [Member]        
Property, plant and equipment, at cost:        
Property subject to or available for operating lease, gross 0 0    
Consolidation, Eliminations [Member] | Rental Trucks [Member]        
Property, plant and equipment, at cost:        
Property subject to or available for operating lease, gross 0 0    
Consolidation, Eliminations [Member] | Series A Preferred Stock [Member]        
Stockholders' equity:        
Preferred stock, value, issued 0 0    
Consolidation, Eliminations [Member] | Series B Preferred Stock [Member]        
Stockholders' equity:        
Preferred stock, value, issued 0 0    
Consolidation, Eliminations [Member] | Serial Common Stock [Member]        
Stockholders' equity:        
Common stock, value, issued 0 0    
Consolidation, Eliminations [Member] | Amerco Common Stock [Member]        
Stockholders' equity:        
Common stock, value, issued (5,801) (5,801)    
Consolidation, Eliminations [Member] | Common Stock in Treasury [Member]        
Stockholders' equity:        
Treasury stock, value 0 0    
Consolidation, Eliminations [Member] | Preferred Stock in Treasury [Member]        
Stockholders' equity:        
Treasury stock, value $ 0 $ 0