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STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 142,090 $ 183,702
Available-for-sale securities 24,267 38,396
Receivables from Erie Insurance Exchange and affiliates, net 524,937 479,123
Prepaid expenses and other current assets 79,201 56,206
Accrued investment income 8,301 6,303
Total current assets 778,796 763,730
Available-for-sale securities, net 870,394 907,689
Equity securities 72,560 87,743
Fixed assets, net 413,874 374,802
Agent loans, net 60,537 58,683
Deferred income taxes, net 0 145
Other assets 43,295 49,265
Total assets 2,239,456 2,242,057
Current liabilities:    
Commissions payable 300,028 270,746
Agent bonuses 95,166 120,437
Accounts payable and accrued liabilities 165,915 138,317
Dividends payable 55,419 51,693
Contract liability 36,547 34,935
Deferred executive compensation 12,036 12,637
Current portion of long-term borrowings 0 2,098
Total current liabilities 665,111 630,863
Defined benefit pension plans 51,224 130,383
Long-term borrowings 0 91,734
Contract liability 17,895 17,686
Deferred executive compensation 13,724 14,571
Deferred income taxes, net 14,075 0
Other long-term liabilities 29,019 14,342
Total liabilities 791,048 899,579
Shareholders' equity    
Additional paid-in-capital 16,481 16,496
Accumulated other comprehensive loss (7,414) (25,288)
Retained earnings 2,583,261 2,495,190
Total contributed capital and retained earnings 2,594,498 2,488,568
Treasury stock, at cost; 22,110,132 shares held (1,168,949) (1,167,828)
Deferred compensation 22,859 21,738
Total shareholders' equity 1,448,408 1,342,478
Total liabilities and shareholders' equity 2,239,456 2,242,057
Class A common stock    
Shareholders' equity    
Common stock 1,992 1,992
Class B common stock    
Shareholders' equity    
Common stock $ 178 $ 178