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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2020
Dec. 31, 2019
Available for sale:    
Fixed maturity securities (at fair value) (amortized cost: $9,305.2 and $8,537.3) $ 9,859.4 $ 8,796.5
Short-term investments (at fair value which approximates cost) 795.5 484.3
Total 10,655.0 9,280.9
Held to maturity    
Fixed maturity securities (at amortized cost) (fair value: $- and $1,058.2) 0.0 1,021.7
Equity securities (at fair value) (cost: $3,227.5 and $3,089.1) 3,560.1 4,030.5
Other investments 25.7 26.0
Total investments 14,240.8 14,359.2
Other Assets:    
Cash 114.0 78.8
Accrued investment income 86.9 89.3
Accounts and notes receivable 1,771.9 1,466.7
Federal income tax recoverable: Current 15.8 5.7
Reinsurance balances and funds held 207.1 178.4
Reinsurance recoverable: Paid losses 70.6 68.5
Reinsurance recoverable: Policy and claim reserves 4,060.1 3,755.3
Deferred policy acquisition costs 319.5 325.4
Sundry assets 763.2 748.5
Total Other Assets 7,409.4 6,717.1
Total Assets 21,650.3 21,076.3
Liabilities, Preferred Stock, and Common Shareholders' Equity Liabilities:    
Losses, claims, and settlement expenses 10,230.9 9,929.5
Unearned premiums 2,413.1 2,224.7
Other policyholders' benefits and funds 194.2 194.4
Total policy liabilities and accruals 12,838.3 12,348.7
Commissions, expenses, fees, and taxes 501.0 550.9
Reinsurance balances and funds 898.1 616.0
Deferred Income Tax Liabilities, Net 43.7 112.2
Debt 968.1 974.0
Sundry liabilities 542.0 474.1
Commitments and contingent liabilities
Total Liabilities 15,791.3 15,076.1
Preferred Stock [1] 0.0 0.0
Common Shareholders' Equity:    
Common stock [1] 304.0 303.6
Additional paid-in capital 1,305.1 1,297.5
Retained earnings 4,051.2 4,386.0
Accumulated other comprehensive income (loss) 307.5 77.7
Unallocated ESSOP shares (at cost) (109.0) (64.8)
Total Common Shareholders' Equity 5,858.9 6,000.1
Total Liabilities, Preferred Stock and Common Shareholders' Equity $ 21,650.3 $ 21,076.3
[1]
At June 30, 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 304,035,642 and 303,652,553 were issued as of June 30, 2020 and December 31, 2019, respectively. At June 30, 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.