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Consolidated Statements of Shareholders' Equity - USD ($)
$ in Millions
Total
Common stock
Additional paid-in capital
Retained earnings
Accumulated other comprehensive income (loss)
Treasury stock
Balance, beginning of period at Dec. 31, 2021 $ 17,031 $ 135 $ 2,529 $ 40,963 $ (8,411) $ (18,185)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 4,418 0 0 4,418 0 0
Unrealized foreign currency translation gains (losses) during period, net of income taxes (1,579) 0 0 0 (1,579) 0
Unrealized gains (losses) on fixed maturity securities during the period, net of income taxes and reclassification adjustments (10,304) 0 0 0 (10,304) 0
Unrealized gains (losses) on derivatives during period, net of income taxes 3 0 0 0 3 0
Effect of changes in discount rate assumptions during period, net of income taxes 13,732 0 0 0 13,732 0
Pension liability adjustment during period, net of income taxes 130 0 0 0 130 0
Dividends to shareholders [1] (1,014) 0 0 (1,014) 0 0
Exercise of stock options 12 0 12 0 0 0
Share-based compensation 62 0 62 0 0 0
Purchases of treasury stock (2,425) 0 0 0 0 (2,425)
Treasury stock reissued 74 0 38 0 0 36
Balance, end of period at Dec. 31, 2022 20,140 135 2,641 44,367 (6,429) (20,574)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 4,659 0 0 4,659 0 0
Unrealized foreign currency translation gains (losses) during period, net of income taxes (505) 0 0 0 (505) 0
Unrealized gains (losses) on fixed maturity securities during the period, net of income taxes and reclassification adjustments 1,841 0 0 0 1,841 0
Unrealized gains (losses) on derivatives during period, net of income taxes 5 0 0 0 5 0
Effect of changes in discount rate assumptions during period, net of income taxes (460) 0 0 0 (460) 0
Pension liability adjustment during period, net of income taxes 28 0 0 0 28 0
Dividends to shareholders [1] (1,033) 0 0 (1,033) 0 0
Exercise of stock options 13 0 13 0 0 0
Share-based compensation 75 1 74 0 0 0
Purchases of treasury stock (2,854) 0 0 0 0 (2,854)
Treasury stock reissued 76 0 43 0 0 33
Balance, end of period at Dec. 31, 2023 21,985 136 2,771 47,993 (5,520) (23,395)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 5,443 0 0 5,443 0 0
Unrealized foreign currency translation gains (losses) during period, net of income taxes (929) 0 0 0 (929) 0
Unrealized gains (losses) on fixed maturity securities during the period, net of income taxes and reclassification adjustments (1,115) 0 0 0 (1,115) 0
Unrealized gains (losses) on derivatives during period, net of income taxes 2 0 0 0 2 0
Effect of changes in discount rate assumptions during period, net of income taxes 4,566 0 0 0 4,566 0
Pension liability adjustment during period, net of income taxes 18 0 0 0 18 0
Dividends to shareholders [1] (1,159) 0 0 (1,159) 0 0
Exercise of stock options 9 0 9 0 0 0
Share-based compensation 65 0 65 0 0 0
Purchases of treasury stock (2,868) 0 0 0 0 (2,868)
Treasury stock reissued 81 0 49 0 0 32
Balance, end of period at Dec. 31, 2024 $ 26,098 $ 136 $ 2,894 $ 52,277 $ (2,978) $ (26,231)
[1] Dividends to shareholders are recorded in the period in which they are declared.