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CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2025
Dec. 31, 2024
Investments:    
Fixed maturities, amortized cost of $45,338 and $44,196, less allowance for credit loss of $61 and $45 $ 44,116 $ 41,827
Equity securities, cost of $1,183 and $969 1,295 1,064
Limited partnership investments 2,801 2,520
Other invested assets, primarily mortgage loans, less allowance for credit loss of $40 and $35 1,163 1,113
Short-term investments 5,383 4,606
Total investments 54,758 51,130
Cash 567 541
Receivables 10,936 10,522
Property, plant and equipment 10,668 10,738
Goodwill 349 347
Deferred non-insurance warranty acquisition expenses 3,340 3,525
Deferred acquisition costs of insurance subsidiaries 985 959
Other assets 4,338 4,181
Total assets 85,941 81,943
Insurance reserves:    
Claim and claim adjustment expense 26,525 24,976
Future policy benefits 13,546 13,158
Unearned premiums 7,578 7,346
Total insurance reserves 47,649 45,480
Payable to brokers 133 110
Short-term debt 1,005 5
Long-term debt 8,438 8,939
Deferred income taxes 836 550
Deferred non-insurance warranty revenue 4,294 4,530
Other liabilities 4,363 4,392
Total liabilities 66,718 64,006
Commitments and contingent liabilities
Shareholders' equity:    
Preferred stock
Common stock 2 2
Additional paid-in capital 2,469 2,490
Retained earnings 17,690 16,459
Accumulated other comprehensive loss (1,161) (1,867)
Shareholders' equity before treasury stock, total 19,000 17,084
Less treasury stock, at cost (8,165,741 and 212,251 shares) (708) (18)
Total shareholders’ equity 18,292 17,066
Noncontrolling interests 931 871
Total equity 19,223 17,937
Total liabilities and equity $ 85,941 $ 81,943