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Consolidated Statements Of Comprehensive Income (Loss) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues        
Insurance premiums $ 1,498 $ 1,398 $ 2,975 $ 2,804
Fee income 1,506 1,670 3,075 3,262
Net investment income 1,369 1,584 2,781 3,094
Realized gain (loss) 522 (2) 551 (182)
Amortization of deferred gain on business sold through reinsurance 19 9 38 17
Other revenues 190 192 371 391
Total revenues 5,104 4,851 9,791 9,386
Expenses        
Interest credited 706 737 1,403 1,474
Benefits 2,890 1,930 5,456 4,156
Commissions and other expenses 1,127 1,326 2,362 2,556
Interest and debt expense 68 65 134 131
Spark program expense 44 21 75 35
Total expenses 4,835 4,079 9,430 8,352
Income (loss) before taxes 269 772 361 1,034
Federal income tax expense (benefit) 31 130 20 167
Net income (loss) 238 642 341 867
Other comprehensive income (loss), net of tax (5,593) 1,718 (10,784) (1,452)
Comprehensive income (loss) $ (5,355) $ 2,360 $ (10,443) $ (585)
Net Income (Loss) Per Common Share        
Basic (in dollars per share) $ 1.39 $ 3.38 $ 1.98 $ 4.54
Diluted (in dollars per share) 1.34 3.34 1.91 4.51
Cash Dividends Declared Per Common Share $ 0.45 $ 0.42 $ 0.90 $ 0.84