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CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Investments:    
Fixed maturities, amortized cost of $42,037 and $41,102, less allowance for credit loss of $22 and $1 $ 38,926 $ 37,697
Equity securities, cost of $1,063 and $1,161 1,051 1,139
Limited partnership investments 2,020 1,954
Other invested assets, primarily mortgage loans, less allowance for credit loss of $30 and $24 1,088 1,124
Short term investments 4,478 4,854
Total investments 47,563 46,768
Cash 463 532
Receivables 9,926 9,403
Property, plant and equipment 10,328 10,027
Goodwill 347 346
Deferred non-insurance warranty acquisition expenses 3,689 3,671
Deferred acquisition costs of insurance subsidiaries 885 806
Other assets 4,146 4,014
Total assets 77,347 75,567
Insurance reserves:    
Claim and claim adjustment expense 22,802 22,120
Future policy benefits 13,666 13,480
Unearned premiums 6,978 6,374
Total insurance reserves 43,446 41,974
Payable to brokers 191 133
Short term debt 961 854
Long term debt 8,094 8,165
Deferred income taxes 257 243
Deferred non-insurance warranty revenue 4,735 4,714
Other liabilities 4,193 4,283
Total liabilities 61,877 60,366
Commitments and contingent liabilities
Shareholders' equity:    
Preferred stock, $0.10 par value: Authorized – 100,000,000 shares
Common stock, $0.01 par value: Authorized- 1,800,000,000 shares, Issued – 236,305,517 and 236,159,866 shares 2 2
Additional paid-in capital 2,728 2,748
Retained earnings 15,637 14,931
Accumulated other comprehensive loss (3,160) (3,320)
Shareholders' equity before treasury stock, total 15,207 14,361
Less treasury stock, at cost (10,194,421 and 198,875 shares) (604) (12)
Total shareholders’ equity 14,603 14,349
Noncontrolling interests 867 852
Total equity 15,470 15,201
Total liabilities and equity $ 77,347 $ 75,567