v3.25.2
CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Investments:    
Fixed maturities, amortized cost of $45,283 and $44,196, less allowance for credit loss of $51 and $45 $ 43,357 $ 41,827
Equity securities, cost of $1,221 and $969 1,294 1,064
Limited partnership investments 2,754 2,520
Other invested assets, primarily mortgage loans, less allowance for credit loss of $40 and $35 1,138 1,113
Short-term investments 4,452 4,606
Total investments 52,995 51,130
Cash 447 541
Receivables 11,357 10,522
Property, plant and equipment 10,666 10,738
Goodwill 349 347
Deferred non-insurance warranty acquisition expenses 3,441 3,525
Deferred acquisition costs of insurance subsidiaries 1,021 959
Other assets 4,392 4,181
Total assets 84,668 81,943
Insurance reserves:    
Claim and claim adjustment expense 26,203 24,976
Future policy benefits 13,329 13,158
Unearned premiums 7,890 7,346
Total insurance reserves 47,422 45,480
Payable to brokers 374 110
Short-term debt 1,005 5
Long-term debt 7,942 8,939
Deferred income taxes 633 550
Deferred non-insurance warranty revenue 4,421 4,530
Other liabilities 4,482 4,392
Total liabilities 66,279 64,006
Commitments and contingent liabilities
Shareholders' equity:    
Preferred stock
Common stock 2 2
Additional paid-in capital 2,467 2,490
Retained earnings 17,198 16,459
Accumulated other comprehensive loss (1,502) (1,867)
Shareholders' equity before treasury stock, total 18,165 17,084
Less treasury stock, at cost (7,577,782 and 212,251 shares) (651) (18)
Total shareholders’ equity 17,514 17,066
Noncontrolling interests 875 871
Total equity 18,389 17,937
Total liabilities and equity $ 84,668 $ 81,943