v3.26.1
Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Revenues    
Net earned premiums $ 2,701 $ 2,626
Net investment income 610 604
Net investment losses (18) (9)
Non-insurance warranty revenue 374 397
Other revenues 10 9
Total revenues 3,677 3,627
Claims, Benefits and Expenses    
Insurance claims and policyholders’ benefits (re-measurement loss of $19 and $8) 2,175 2,027
Amortization of deferred acquisition costs 476 471
Non-insurance warranty expense 356 385
Other operating expenses 370 363
Interest 33 32
Total claims, benefits and expenses 3,410 3,278
Income before income tax 267 349
Income tax expense (56) (75)
Net income $ 211 $ 274
Basic earnings per share    
Basic earnings per share (in usd per share) $ 0.78 $ 1.01
Diluted earnings per share    
Diluted earnings per share (in usd per share) $ 0.78 $ 1.00
Weighted Average Outstanding Common Stock and Common Stock Equivalents    
Basic (in shares) 271.1 271.3
Diluted (in shares) 272.3 272.6