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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Available for sale:    
Fixed maturity securities (at fair value) (amortized cost: $8,409.1 and $8,537.3) $ 8,495.4 $ 8,796.5
Short-term investments (at fair value which approximates cost) 493.9 484.3
Total 8,989.4 9,280.9
Held to maturity    
Fixed maturity securities (at amortized cost) (fair value: $1,048.5 and $1,058.2) 1,015.8 1,021.7
Equity securities (at fair value) (cost: $3,236.3 and $3,089.1) 3,214.9 4,030.5
Other investments 24.7 26.0
Total investments 13,244.8 14,359.2
Other Assets:    
Cash 144.5 78.8
Accrued investment income 90.0 89.3
Accounts and notes receivable 1,590.3 1,466.7
Federal income tax recoverable: Current 0.0 5.7
Deferred Income Tax Assets, Net 130.1 0.0
Reinsurance balances and funds held 186.2 178.4
Reinsurance recoverable: Paid losses 76.0 68.5
Reinsurance recoverable: Policy and claim reserves 3,808.0 3,755.3
Deferred policy acquisition costs 323.3 325.4
Sundry assets 758.6 748.5
Total Other Assets 7,107.3 6,717.1
Total Assets 20,352.2 21,076.3
Liabilities, Preferred Stock, and Common Shareholders' Equity Liabilities:    
Losses, claims, and settlement expenses 9,995.9 9,929.5
Unearned premiums 2,284.6 2,224.7
Other policyholders' benefits and funds 195.3 194.4
Total policy liabilities and accruals 12,475.8 12,348.7
Commissions, expenses, fees, and taxes 547.1 550.9
Reinsurance balances and funds 727.9 616.0
Taxes Payable, Current 27.9 0.0
Deferred Income Tax Liabilities, Net 0.0 112.2
Debt 967.8 974.0
Sundry liabilities 462.5 474.1
Commitments and contingent liabilities
Total Liabilities 15,209.3 15,076.1
Preferred Stock [1] 0.0 0.0
Common Shareholders' Equity:    
Common stock [1] 303.9 303.6
Additional paid-in capital 1,304.2 1,297.5
Retained earnings 3,715.8 4,386.0
Accumulated other comprehensive income (loss) (69.2) 77.7
Unallocated ESSOP shares (at cost) (111.9) (64.8)
Total Common Shareholders' Equity 5,142.9 6,000.1
Total Liabilities, Preferred Stock and Common Shareholders' Equity $ 20,352.2 $ 21,076.3
[1]
At March 31, 2020 and December 31, 2019, 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 303,992,688 and 303,652,553 were issued as of March 31, 2020 and December 31, 2019, respectively. At March 31, 2020 and December 31, 2019, there were 100,000,000 shares of Class B Common Stock, $1.00 par value, authorized, of which no shares were issued.