XML 49 R2.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues        
Earned premiums $ 4,810 $ 4,460 $ 9,461 $ 8,803
Fee income 341 375 703 730
Net investment income 541 581 1,050 1,090
Net realized (losses) gains (338) 147 (483) 227
Other revenues 19 26 35 38
Total revenues 5,373 5,589 10,766 10,888
Benefits, losses and expenses        
Benefits, losses and loss adjustment expenses 3,076 2,786 6,194 6,136
Amortization of deferred policy acquisition costs ("DAC") 453 417 893 833
Insurance operating costs and other expenses (x Extinguishment of Debt) 1,222 1,202 2,429 2,346
Interest expense 51 57 113 114
Amortization of other intangible assets 17 17 35 35
Restructuring and other costs 2 0 7 11
Total benefits, losses and expenses 4,821 4,479 9,671 9,475
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total 552 1,110 1,095 1,413
Income tax expense 110 205 208 259
Net income 442 905 887 1,154
Preferred stock dividends 5 5 10 10
Net income available to common stockholders $ 437 $ 900 $ 877 $ 1,144
EPS        
Basic $ 1.33 $ 2.54 $ 2.66 $ 3.21
Diluted $ 1.32 $ 2.51 $ 2.62 $ 3.17