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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Assets:    
Fixed maturities, amortized cost of $38,157 and $38,234 $ 42,240 $ 39,699
Equity securities, cost of $1,244 and $1,479 1,306 1,293
Limited partnership investments 2,004 2,424
Other invested assets, primarily mortgage loans 1,072 901
Short term investments 4,628 3,869
Total investments 51,250 48,186
Cash 336 405
Receivables 7,675 7,960
Property, plant and equipment 15,568 15,511
Goodwill 767 665
Deferred non-insurance warranty acquisition expenses 2,840 2,513
Deferred acquisition costs of insurance subsidiaries 662 633
Other assets 3,145 2,443
Total assets 82,243 78,316
Liabilities and Equity:    
Claim and claim adjustment expense 21,720 21,984
Future policy benefits 12,311 10,597
Unearned premiums 4,583 4,183
Total insurance reserves 38,614 36,764
Payable to brokers 108 42
Short term debt 77 17
Long term debt 11,456 11,359
Deferred income taxes 1,168 841
Deferred non-insurance warranty revenue 3,779 3,402
Other liabilities 5,111 4,505
Total liabilities 60,313 56,930
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 – 291,210,222 and 312,169,189 shares 3 3
Additional paid-in capital 3,374 3,627
Retained earnings 15,823 15,773
Accumulated other comprehensive loss (68) (880)
Shareholders' equity before treasury stock, total 19,132 18,523
Less treasury stock, at cost (240,000 and 100,000 shares) (13) (5)
Total shareholders' equity 19,119 18,518
Noncontrolling interests 2,811 2,868
Total equity 21,930 21,386
Total liabilities and equity $ 82,243 $ 78,316