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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Investments:    
Fixed maturities, amortized cost of $39,952 and $38,963, less allowance for credit loss of $18 and $40 $ 44,380 $ 44,646
Equity securities, cost of $1,546 and $1,456 1,674 1,561
Limited partnership investments 1,933 1,798
Other invested assets, primarily mortgage loans, less allowance for credit loss of $16 and $26 1,091 1,165
Short term investments 4,860 4,674
Total investments 53,938 53,844
Cash 621 478
Receivables 9,273 7,833
Property, plant and equipment 9,888 10,451
Goodwill 349 785
Deferred non-insurance warranty acquisition expenses 3,476 3,068
Deferred acquisition costs of insurance subsidiaries 737 708
Other assets 3,344 3,069
Total assets 81,626 80,236
Insurance reserves:    
Claim and claim adjustment expense 24,174 22,706
Future policy benefits 13,236 13,318
Unearned premiums 5,761 5,119
Total insurance reserves 43,171 41,143
Payable to brokers 90 92
Short term debt 93 37
Long term debt 8,986 10,072
Deferred income taxes 1,079 1,065
Deferred non-insurance warranty revenue 4,503 4,023
Other liabilities 4,529 4,623
Total liabilities 62,451 61,055
Commitments and contingent liabilities
Shareholders' equity:    
Preferred Stock, Value, Issued
Common Stock, Value, Issued 2 3
Additional paid-in capital 2,885 3,133
Retained earnings 14,776 14,150
Accumulated other comprehensive income 186 581
Shareholders' equity before treasury stock, total 17,849 17,867
Less treasury stock, at cost (150,000 and 240,000 shares) (3) (7)
Total shareholders’ equity 17,846 17,860
Noncontrolling interests 1,329 1,321
Total equity 19,175 19,181
Total liabilities and equity $ 81,626 $ 80,236