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CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Investments:    
Fixed maturities, amortized cost of $43,113 and $42,615, less allowance for credit loss of $20 and $16 $ 40,840 $ 40,626
Equity securities, cost of $1,027 and $1,015 1,104 1,050
Limited partnership investments 2,274 2,174
Other invested assets, primarily mortgage loans, less allowance for credit loss of $35 and $35 1,117 1,123
Short-term investments 5,388 4,396
Total investments 50,723 49,369
Cash 556 399
Receivables 9,754 9,660
Property, plant and equipment 10,723 10,718
Goodwill 347 347
Deferred non-insurance warranty acquisition expenses 3,621 3,661
Deferred acquisition costs of insurance subsidiaries 927 896
Other assets 4,255 4,147
Total assets 80,906 79,197
Insurance reserves:    
Claim and claim adjustment expense 23,588 23,304
Future policy benefits 13,513 13,959
Unearned premiums 7,046 6,933
Total insurance reserves 44,147 44,196
Payable to brokers 202 79
Short-term debt 1,678 1,084
Long-term debt 8,425 7,919
Deferred income taxes 500 398
Deferred non-insurance warranty revenue 4,645 4,694
Other liabilities 4,311 4,302
Total liabilities 63,908 62,672
Commitments and contingent liabilities
Shareholders' equity:    
Preferred stock
Common stock 2 2
Additional paid-in capital 2,547 2,589
Retained earnings 16,060 15,617
Accumulated other comprehensive loss (2,401) (2,497)
Shareholders' equity before treasury stock, total 16,208 15,711
Less treasury stock, at cost (335,123 and 100,000 shares) (24) (7)
Total shareholders’ equity 16,184 15,704
Noncontrolling interests 814 821
Total equity 16,998 16,525
Total liabilities and equity $ 80,906 $ 79,197