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Consolidated Statements of Earnings - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Revenues:    
Net earned premiums, principally supplemental health insurance [1] $ 3,381 $ 3,456
Net investment income 955 1,000
Net investment gains (losses) (963) 951
Other income (loss) 25 29
Total revenues 3,398 5,436
Benefits and expenses:    
Benefits and claims, excluding reserve remeasurement 1,986 2,066
Reserve remeasurement (gains) losses (41) (56)
Total benefits and claims, net 1,945 2,010
Acquisition and operating expenses:    
Amortization of deferred policy acquisition costs 216 215
Insurance commissions 240 255
Insurance and other expenses 802 739
Interest expense 50 47
Total acquisition and operating expenses 1,308 1,256
Total benefits and expenses 3,253 3,266
Earnings before income taxes 145 2,170
Income taxes 116 291
Net earnings $ 29 $ 1,879
Net earnings per share:    
Basic (in dollars per share) $ 0.05 $ 3.27
Diluted (in dollars per share) $ 0.05 $ 3.25
Weighted-average outstanding common shares used in computing earnings per share (In thousands):    
Basic (in shares) 544,707 574,886
Diluted (in shares) 546,878 577,482
Cash dividends per share $ 0.58 $ 0.50
[1] Includes a gain (loss) of an immaterial amount and $(3) for the three-month periods ended March 31, 2025 and 2024, respectively, related to remeasurement of the deferred profit liability for limited-payment contracts.