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Consolidated Statements Of Comprehensive Income (Loss) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues        
Insurance premiums $ 1,394 $ 1,293 $ 4,198 $ 4,008
Fee income 1,996 1,815 5,258 4,812
Net investment income 1,576 1,458 4,670 4,005
Realized gain (loss) 85 629 (97) (43)
Amortization of deferred gain on business sold through reinsurance 9 11 27 32
Other revenues 181 155 571 489
Total revenues 5,241 5,361 14,627 13,303
Expenses        
Interest credited 750 732 2,224 2,189
Benefits 2,122 2,484 6,278 6,710
Commissions and other expenses 1,906 1,599 4,462 3,807
Interest and debt expense 73 66 204 218
Strategic digitization expense 22 20 57 45
Total expenses 4,873 4,901 13,225 12,969
Income (loss) before taxes 368 460 1,402 334
Federal income tax expense (benefit) 50 62 217 (22)
Net income (loss) 318 398 1,185 356
Other comprehensive income (loss), net of tax (630) 486 (2,082) 2,136
Comprehensive income (loss) $ (312) $ 884 $ (897) $ 2,492
Net Income (Loss) Per Common Share        
Basic (in dollars per share) $ 1.70 $ 2.06 $ 6.25 $ 1.84
Diluted (in dollars per share) 1.68 2.01 6.19 1.74
Cash Dividends Declared Per Common Share $ 0.42 $ 0.40 $ 1.26 $ 1.20