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CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Investments:    
Fixed maturities, amortized cost of $38,414 and $38,157, less allowance for credit loss of $51 and $0 $ 42,799 $ 42,240
Equity securities, cost of $1,349 and $1,244 1,305 1,306
Limited partnership investments 1,742 2,004
Other invested assets, primarily mortgage loans, less allowance for credit loss of $20 and $0 1,125 1,072
Short term investments 4,515 4,628
Total investments 51,486 51,250
Cash 668 336
Receivables 8,431 7,675
Property, plant and equipment 10,475 15,568
Goodwill 764 767
Deferred non-insurance warranty acquisition expenses 2,916 2,840
Deferred acquisition costs of insurance subsidiaries 699 662
Other assets 3,000 3,145
Total assets 78,439 82,243
Insurance reserves:    
Claim and claim adjustment expense 22,270 21,720
Future policy benefits 12,596 12,311
Unearned premiums 4,996 4,583
Total insurance reserves 39,862 38,614
Payable to brokers 985 108
Short term debt 47 77
Long term debt 9,958 11,456
Deferred income taxes 875 1,168
Deferred non-insurance warranty revenue 3,852 3,779
Other liabilities 4,447 5,111
Total liabilities 60,026 60,313
Commitments and contingent liabilities
Preferred stock, $0.10 par value: Authorized - 100,000,000 shares
Common stock, $0.01 par value: Authorized - 1,800,000,000 shares Issued - 291,393,899 and 291,210,222 shares 3 3
Additional paid-in capital 3,371 3,374
Retained earnings 14,316 15,823
Accumulated other comprehensive income (loss) 5 (68)
Shareholders' equity before treasury stock, total 17,695 19,132
Less treasury stock, at cost (10,949,702 and 240,000 shares) (491) (13)
Total shareholders' equity 17,204 19,119
Noncontrolling interests 1,209 2,811
Total equity 18,413 21,930
Total liabilities and equity $ 78,439 $ 82,243