v3.26.1
Consolidated Balance Sheet (Unaudited at June 30, 2026) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Assets    
Fixed maturities, available for sale, at fair value (amortized cost $95,401 and $91,717; allowance for expected credit losses of $2 and $3) $ 92,922 $ 89,833
Equity securities, at fair value (cost $410 and $457) 652 618
Real estate investments 884 900
Short-term securities 4,579 5,716
Other investments 4,142 4,115
Total investments 103,179 101,182
Cash (including restricted cash of $139 and $132) 621 842
Investment income accrued 911 877
Premiums receivable (net of allowance for expected credit losses of $61 and $58) 12,382 10,992
Reinsurance recoverables (net of allowance for estimated uncollectible reinsurance of $142 and $129) 8,009 7,886
Ceded unearned premiums 1,674 1,283
Deferred acquisition costs 3,713 3,518
Deferred taxes 1,041 887
Contractholder receivables (net of allowance for expected credit losses of $13 and $16) 3,076 3,010
Goodwill 4,060 4,066
Other intangible assets 325 336
Other assets 4,589 4,279
Assets held for sale   4,550
Total assets 143,580 143,708
Liabilities    
Claims and claim adjustment expense reserves 67,226 65,737
Unearned premium reserves 23,327 22,431
Contractholder payables 3,089 3,026
Payables for reinsurance premiums 1,016 529
Debt 9,068 9,267
Other liabilities 6,733 7,282
Liabilities held for sale   2,542
Total liabilities 110,459 110,814
Shareholders’ equity    
Common stock (1,750.0 shares authorized; 208.6 and 217.5 shares issued and outstanding) 26,186 25,910
Retained earnings 58,346 54,931
Accumulated other comprehensive loss (2,668) (2,500)
Treasury stock, at cost (586.8 and 575.9 shares) (48,743) (45,447)
Total shareholders’ equity 33,121 32,894
Total liabilities and shareholders’ equity $ 143,580 $ 143,708