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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Revenues      
Net premiums $ 11,694.0 $ 11,297.0 $ 10,544.0
Investment income, net of related expenses 2,575.0 2,520.0 2,139.0
Investment related gains (losses), net:      
Impairments and change in allowance for credit losses on fixed maturity securities (21.0) (31.0) (28.0)
Other investment related gains (losses), net (12.0) 122.0 (142.0)
Total investment related gains (losses), net (33.0) 91.0 (170.0)
Other revenues 360.0 392.0 363.0
Total revenues 14,596.0 14,300.0 12,876.0
Benefits and expenses      
Claims and other policy benefits 11,075.0 10,197.0 9,319.0
Interest credited 704.0 697.0 425.0
Policy acquisition costs and other insurance expenses 1,261.0 1,204.0 1,323.0
Other operating expenses 816.0 868.0 786.0
Interest expense 170.0 173.0 147.0
Collateral finance and securitization expense 17.0 29.0 30.0
Total benefits and expenses 14,043.0 13,168.0 12,030.0
Income before income taxes 553.0 1,132.0 846.0
Provision for income taxes 138.0 262.0 130.0
Net income $ 415.0 $ 870.0 $ 716.0
Earnings per share      
Basic earnings per share (in dollars per share) $ 6.35 $ 13.88 $ 11.25
Diluted earnings per share (in dollars per share) $ 6.31 $ 13.62 $ 11.00