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Quarterly Financial Data (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information
                                 
2019 Quarter Ended
 
Dec. 31
 
  
Sept. 30
 
  
June 30
 
  
March 31
 
(In millions, except per share data)
 
 
  
 
  
 
  
 
Total revenues
 
$
3,876
 
  
$
3,675
 
  
$
3,623
 
  
$
3,757
 
Net income (a) (b)
 
 
217
 
  
 
72
 
  
 
249
 
  
 
394
 
Per share-basic and diluted
 
 
0.73
 
  
 
0.24
 
  
 
0.82
 
  
 
1.27
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
                                 
2018 Quarter Ended
 
 
  
 
  
 
  
 
Total revenues
  $
3,287
    $
3,608
    $
3,590
    $
3,581
 
Net income (loss) (
c
)
   
(165
 )    
278
     
230
     
293
 
Per share-basic and diluted
   
(0.53
 )    
0.88
     
0.72
     
0.89
 
 
 
 
 
The sum of the quarterly per share amounts may not equal per share amounts reported for
year-to-date
periods. This is due to changes in the number of weighted average shares outstanding and the effects of rounding for each period.
(a)
Net income for the
fourth
quarter of 2019 include
s
 
net i
n
vestment income of
$116 million (after tax and noncontrolling interests) related to
limited partnership
s
and equity securities partially offset
by asset
impairment charges
of
$69
 
million (after tax).
 
 
 
(b)
Net income for the third quarter of 2019 included a $151 million (after tax and noncontrolling interests) charge related to the recognition of an active life reserve premium deficiency as a result of the third quarter GPV.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(
c
)		 Net loss for the fourth quarter of 2018 includes a loss on limited partnership and common stock investments of $97 million (after tax and noncontrolling interests), catastrophe losses of $96 million (after tax and noncontrolling interests) and net investment losses of $57 million (after tax).