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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Revenues      
Net premiums $ 11,297.2 $ 10,543.8 $ 9,841.1
Investment income, net of related expenses 2,520.0 2,139.0 2,155.0
Investment related gains (losses), net:      
Other-than-temporary impairments on fixed maturity securities (31.0) (28.0) (43.0)
Other-than-temporary impairments on fixed maturity securities transferred to other comprehensive income 0.0 0.0 0.0
Other investment related gains (losses), net 122.0 (142.0) 211.0
Total investment related gains (losses), net 91.0 (170.0) 168.0
Other revenues 392.0 363.0 352.0
Total revenues 14,300.0 12,876.0 12,516.0
Benefits and expenses      
Claims and other policy benefits 10,197.0 9,319.0 8,519.0
Interest credited 697.0 425.0 502.0
Policy acquisition costs and other insurance expenses 1,204.0 1,323.0 1,467.0
Other operating expenses 868.0 786.0 710.0
Interest expense 173.0 147.0 146.0
Collateral finance and securitization expense 29.0 30.0 29.0
Total benefits and expenses 13,168.0 12,030.0 11,373.0
Income before income taxes 1,132.0 846.0 1,143.0
Provision for income taxes 262.0 130.0 (679.0)
Net income $ 870.0 $ 716.0 $ 1,822.0
Earnings per share      
Basic earnings per share (in dollars per share) $ 13.88 $ 11.25 $ 28.28
Diluted earnings per share (in dollars per share) $ 13.62 $ 11.00 $ 27.71