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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Available for sale:    
Fixed maturity securities (at fair value) (amortized cost: $8,537.3 and $8,285.0) $ 8,796.5 $ 8,182.8
Short-term investments (at fair value which approximates cost) 484.3 354.9
Total 9,280.9 8,537.8
Held-to-maturity    
Fixed maturity securities (at amortized cost) (fair value: $1,058.2 and $1,034.5) 1,021.7 1,044.8
Equity securities (at fair value) (cost: $3,089.1 and $3,039.1) 4,030.5 3,380.9
Other investments 26.0 31.0
Total investments 14,359.2 12,994.6
Other Assets:    
Cash 78.8 100.3
Accrued investment income 89.3 92.4
Accounts and notes receivable 1,466.7 1,499.4
Federal income tax recoverable: Current 5.7 16.8
Prepaid Taxes 0.0 129.8
Reinsurance balances and funds held 178.4 166.2
Reinsurance recoverable: Paid losses 68.5 55.9
Reinsurance recoverable: Policy and claim reserves 3,755.3 3,428.6
Deferred policy acquisition costs 325.4 316.3
Sundry assets 748.5 526.3
Total Other Assets 6,717.1 6,332.4
Total Assets 21,076.3 19,327.1
Liabilities:    
Losses, claims, and settlement expenses 9,929.5 9,471.2
Unearned premiums 2,224.7 2,104.9
Other policyholders' benefits and funds 194.4 198.6
Total policy liabilities and accruals 12,348.7 11,774.8
Commissions, expenses, fees, and taxes 550.9 525.4
Reinsurance balances and funds 616.0 600.4
Deferred Tax Liabilities, Net 112.2 10.3
Debt 974.0 981.4
Sundry liabilities 474.1 288.3
Commitments and contingent liabilities
Total Liabilities 15,076.1 14,180.8
Preferred Stock [1] 0.0 0.0
Common Shareholders' Equity:    
Common stock 303.6 302.7
Additional paid-in capital 1,297.5 1,277.6
Retained earnings 4,386.0 3,849.8
Accumulated other comprehensive income (loss) 77.7 (210.0)
Unallocated ESSOP shares (at cost) (64.8) (73.9)
Total Common Shareholders' Equity 6,000.1 5,146.2
Total Liabilities, Preferred Stock and Common Shareholders' Equity $ 21,076.3 $ 19,327.1
[1]
At December 31, 2019 and 2018, there were 75,000,000 shares of $0.01 par value preferred stock authorized, of which no shares were outstanding. As of the same dates, there were 500,000,000 shares of common stock, $1.00 par value, authorized, of which 303,652,553 and 302,714,502 were issued as of December 31, 2019 and 2018, respectively. At December 31, 2019 and 2018, there were 100,000,000 shares of Class B Common Stock, $1.00 par value, authorized, of which no shares were issued.