v3.25.2
Consolidated Statements of Shareholders' Equity - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Balance, beginning of period at Dec. 31, 2023 $ 21,985 $ 136 $ 2,771 $ 47,993 $ (5,520) $ (23,395)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 1,879 0 0 1,879 0 0
Unrealized foreign currency translation gains (losses) during period, net of income taxes (597) 0 0 0 (597) 0
Unrealized gains (losses) on fixed maturity securities during period, net of income taxes and reclassification adjustments (47) 0 0 0 (47) 0
Unrealized gains (losses) on derivatives during period, net of income taxes (4) 0 0 0 (4) 0
Effect of changes in discount rate assumptions during period, net of income taxes 1,065 0 0 0 1,065 0
Pension liability adjustment during period, net of income taxes 1 0 0 0 1 0
Dividends to shareholders [1] 0 0 0 0 0 0
Exercise of stock options 4 0 4 0 0 0
Share-based compensation 18 0 18 0 0 0
Purchases of treasury stock (793) 0 0 0 0 (793)
Treasury stock reissued 26 0 13 0 0 13
Balance, end of period at Mar. 31, 2024 23,537 136 2,806 49,872 (5,102) (24,175)
Balance, beginning of period at Dec. 31, 2023 21,985 136 2,771 47,993 (5,520) (23,395)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 3,634          
Balance, end of period at Jun. 30, 2024 26,047 136 2,835 51,345 (3,292) (24,977)
Balance, beginning of period at Mar. 31, 2024 23,537 136 2,806 49,872 (5,102) (24,175)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 1,755 0 0 1,755 0 0
Unrealized foreign currency translation gains (losses) during period, net of income taxes (425) 0 0 0 (425) 0
Unrealized gains (losses) on fixed maturity securities during period, net of income taxes and reclassification adjustments (691) 0 0 0 (691) 0
Unrealized gains (losses) on derivatives during period, net of income taxes 4 0 0 0 4 0
Effect of changes in discount rate assumptions during period, net of income taxes 2,920 0 0 0 2,920 0
Pension liability adjustment during period, net of income taxes 2 0 0 0 2 0
Dividends to shareholders [1] (282) 0 0 (282) 0 0
Exercise of stock options 2 0 2 0 0 0
Share-based compensation 12 0 12 0 0 0
Purchases of treasury stock (810) 0 0 0 0 (810)
Treasury stock reissued 23 0 15 0 0 8
Balance, end of period at Jun. 30, 2024 26,047 136 2,835 51,345 (3,292) (24,977)
Balance, beginning of period at Dec. 31, 2024 26,098 136 2,894 52,277 (2,978) (26,231)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 29 0 0 29 0 0
Unrealized foreign currency translation gains (losses) during period, net of income taxes 449 0 0 0 449 0
Unrealized gains (losses) on fixed maturity securities during period, net of income taxes and reclassification adjustments (1,257) 0 0 0 (1,257) 0
Unrealized gains (losses) on derivatives during period, net of income taxes 2 0 0 0 2 0
Effect of changes in discount rate assumptions during period, net of income taxes 1,893 0 0 0 1,893 0
Pension liability adjustment during period, net of income taxes 32 0 0 0 32 0
Dividends to shareholders [1] 2 0 0 2 0 0
Exercise of stock options 4 0 4 0 0 0
Share-based compensation 8 0 8 0 0 0
Purchases of treasury stock (949) 0 0 0 0 (949)
Treasury stock reissued 27 0 13 0 0 14
Balance, end of period at Mar. 31, 2025 26,338 136 2,919 52,308 (1,859) (27,166)
Balance, beginning of period at Dec. 31, 2024 26,098 136 2,894 52,277 (2,978) (26,231)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 628          
Balance, end of period at Jun. 30, 2025 27,200 136 2,958 52,595 (491) (27,998)
Balance, beginning of period at Mar. 31, 2025 26,338 136 2,919 52,308 (1,859) (27,166)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings 599 0 0 599 0 0
Unrealized foreign currency translation gains (losses) during period, net of income taxes 267 0 0 0 267 0
Unrealized gains (losses) on fixed maturity securities during period, net of income taxes and reclassification adjustments (595) 0 0 0 (595) 0
Unrealized gains (losses) on derivatives during period, net of income taxes 1 0 0 0 1 0
Effect of changes in discount rate assumptions during period, net of income taxes 1,695 0 0 0 1,695 0
Pension liability adjustment during period, net of income taxes 0 0 0 0 0 0
Dividends to shareholders [1] (312) 0 0 (312) 0 0
Exercise of stock options 0 0 0 0 0 0
Share-based compensation 30 0 30 0 0 0
Purchases of treasury stock (839) 0 0 0 0 (839)
Treasury stock reissued 16 0 9 0 0 7
Balance, end of period at Jun. 30, 2025 $ 27,200 $ 136 $ 2,958 $ 52,595 $ (491) $ (27,998)
[1] Dividends to shareholders are recorded in the period in which they are declared.