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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues        
Premiums Earned, Net $ 4,347,000,000 $ 4,394,000,000 $ 12,972,000,000 $ 12,500,000,000
Fee income 323,000,000 330,000,000 941,000,000 970,000,000
Net investment income 492,000,000 490,000,000 1,290,000,000 1,448,000,000
Net realized capital gains (losses) 6,000,000 89,000,000 (116,000,000) 332,000,000
Other revenues 3,000,000 44,000,000 108,000,000 129,000,000
Total revenues 5,171,000,000 5,347,000,000 15,195,000,000 15,379,000,000
Benefits, losses and expenses        
Benefits, losses and loss adjustment expenses 2,962,000,000 2,914,000,000 8,725,000,000 8,533,000,000
Amortization of deferred policy acquisition costs ("DAC") 421,000,000 437,000,000 1,287,000,000 1,184,000,000
Selling, General and Administrative Expense 1,093,000,000 1,167,000,000 3,394,000,000 3,356,000,000
Gain (Loss) on Extinguishment of Debt 0 (90,000,000) 0 (90,000,000)
Reinsurance, Loss on Uncollectible Accounts in Period, Amount 0 0 0 91,000,000
Interest expense 58,000,000 67,000,000 179,000,000 194,000,000
Amortization of other intangible assets 18,000,000 19,000,000 55,000,000 47,000,000
Restructuring Charges 87,000,000 0 87,000,000 0
Total benefits, losses and expenses 4,639,000,000 4,694,000,000 13,727,000,000 13,495,000,000
Income before income taxes 532,000,000 653,000,000 1,468,000,000 1,884,000,000
Income tax expense 73,000,000 118,000,000 268,000,000 347,000,000
Net income 459,000,000 535,000,000 1,200,000,000 1,537,000,000
Preferred stock dividends 6,000,000 11,000,000 16,000,000 16,000,000
Net income available to common stockholders $ 453,000,000 $ 524,000,000 $ 1,184,000,000 $ 1,521,000,000
EPS        
Basic - Net income available to common stockholders per common share $ 1.26 $ 1.45 $ 3.30 $ 4.21
Diluted - Net income available to common stockholders per common share $ 1.26 $ 1.43 $ 3.29 $ 4.17