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Consolidated Statements Of Operations and Comprehensive Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues      
Net premiums written $ 41,755 $ 37,868 $ 33,820
Increase in unearned premiums (1,366) (1,513) (703)
Net premiums earned 40,389 36,355 33,117
Net investment income 3,742 3,456 3,375
Net realized gains (losses) (965) 1,152 (498)
Total revenues 43,166 40,963 35,994
Expenses      
Losses and loss expenses 23,342 21,980 21,710
Policy benefits 1,492 699 784
Policy acquisition costs 7,392 6,918 6,547
Administrative expenses 3,395 3,136 2,979
Interest expense 570 492 516
Other (income) expense 74 (2,365) (994)
Amortization of purchased intangibles 285 287 290
Cigna integration expenses 48 0 0
Total expenses 36,598 31,147 31,832
Income before income tax 6,568 9,816 4,162
Income tax expense 1,255 1,277 629
Net income 5,313 8,539 3,533
Other comprehensive income (loss):      
Change in unrealized appreciation (depreciation) (10,578) (2,938) 2,592
Change in cumulative foreign currency translation adjustment (986) (530) 306
Change in other, including postretirement benefit liability adjustment (100) 522 (232)
Other comprehensive income (loss), before income tax (11,664) (2,946) 2,666
Income tax (expense) benefit related to OCI items 1,121 427 (416)
Other comprehensive income (loss) (10,543) (2,519) 2,250
Comprehensive income (loss) $ (5,230) $ 6,020 $ 5,783
Earnings per share      
Basic earnings per share $ 12.66 $ 19.41 $ 7.82
Diluted earnings per share $ 12.55 $ 19.27 $ 7.79