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Quarterly Results of Operations (Unaudited)
12 Months Ended
Dec. 31, 2014
Notes to Financial Statements [Abstract]  
Quarterly Results of Operations (Unaudited)

 

24.  Quarterly Results of Operations (Unaudited)

 

The unaudited quarterly results of operations (in millions, except per share data) were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Three Months Ended

 

 

 

March 31,

 

June 30,

 

September 30,

December 31,

 

2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

$

3,176 

 

$

3,282 

 

 

$

3,411 

 

 

$

3,685 

 

 

Total expenses

 

2,749 

 

 

2,745 

 

 

 

2,810 

 

 

 

3,253 

 

 

Income (loss) from continuing operations

 

329 

 

 

398 

 

 

 

439 

 

 

 

348 

 

 

Income (loss) from discontinued operations,

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

net of federal income taxes

 

 -

 

 

 -

 

 

 

 -

 

 

 

 

 

Net income (loss)

 

329 

 

 

398 

 

 

 

439 

 

 

 

349 

 

 

Earnings (loss) per common share – basic:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations

 

1.25 

 

 

1.52 

 

 

 

1.69 

 

 

 

1.35 

 

 

Income (loss) from discontinued operations

 

 -

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

Net income (loss)

 

1.25 

 

 

1.52 

 

 

 

1.69 

 

 

 

1.35 

 

 

Earnings (loss) per common share diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income (loss) from continuing operations

 

1.21 

 

 

1.48 

 

 

 

1.65 

 

 

 

1.32 

 

 

Income (loss) from discontinued operations

 

 -

 

 

 -

 

 

 

 -

 

 

 

 -

 

 

Net income (loss)

 

1.21 

 

 

1.48 

 

 

 

1.65 

 

 

 

1.32 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2013

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total revenues

$

2,839 

 

$

2,999 

 

 

$

3,009 

 

 

$

3,122 

 

 

Total expenses

 

2,534 

 

 

2,581 

 

 

 

2,567 

 

 

 

2,656 

 

 

Net income (loss)

 

239 

 

 

317 

 

 

 

337 

 

 

 

351 

 

 

Earnings (loss) per common share – basic:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

0.89 

 

 

1.19 

 

 

 

1.28 

 

 

 

1.34 

 

 

Earnings (loss) per common share diluted:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income (loss)

 

0.86 

 

 

1.15 

 

 

 

1.23 

 

 

 

1.29