XML 14 R2.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statement of Income (Loss) (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Revenues        
Premiums $ 6,955 $ 6,988 $ 14,184 $ 13,843
Net investment income 268 648 879 1,230
Fee income 114 116 222 225
Net realized investment gains (losses) 13 25 (85) 78
Other revenues 51 57 109 129
Total revenues 7,401 7,834 15,309 15,505
Claims and expenses        
Claims and claim adjustment expenses 5,107 4,821 9,896 9,263
Amortization of deferred acquisition costs 1,173 1,134 2,351 2,251
General and administrative expenses 1,121 1,125 2,258 2,182
Interest expense 85 89 169 177
Total claims and expenses 7,486 7,169 14,674 13,873
Income (loss) before income taxes (85) 665 635 1,632
Income tax expense (benefit) (45) 108 75 279
Net income (loss) $ (40) $ 557 $ 560 $ 1,353
Net income (loss) per share        
Basic (in dollars per share) $ (0.16) $ 2.11 $ 2.19 $ 5.12
Diluted (in dollars per share) $ (0.16) $ 2.10 $ 2.19 $ 5.08
Weighted average number of common shares outstanding        
Basic (in shares) 251.6 261.3 253.6 262.1
Diluted (in shares) 251.6 263.7 254.7 264.2
Cash dividends declared per common share (in dollars per share) $ 0.85 $ 0.82 $ 1.67 $ 1.59