v3.26.3
Consolidated Balance Sheet (Unaudited at September 30, 2026) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Assets    
Fixed maturities, available for sale, at fair value (amortized cost $97,423 and $91,717; allowance for expected credit losses of $2 and $3) $ 89,372 $ 89,833
Equity securities, at fair value (cost $414 and $457) 640 618
Real estate investments 883 900
Short-term securities 5,561 5,716
Other investments 4,132 4,115
Total investments 100,588 101,182
Cash (including restricted cash of $147 and $132) 766 842
Investment income accrued 860 877
Premiums receivable (net of allowance for expected credit losses of $69 and $58) 12,142 10,992
Reinsurance recoverables (net of allowance for estimated uncollectible reinsurance of $142 and $129) 8,078 7,886
Ceded unearned premiums 1,488 1,283
Deferred acquisition costs 3,763 3,518
Deferred taxes 2,268 887
Contractholder receivables (net of allowance for expected credit losses of $13 and $16) 3,041 3,010
Goodwill 4,060 4,066
Other intangible assets 326 336
Other assets 4,709 4,279
Assets held for sale   4,550
Total assets 142,089 143,708
Liabilities    
Claims and claim adjustment expense reserves 68,130 65,737
Unearned premium reserves 23,525 22,431
Contractholder payables 3,054 3,026
Payables for reinsurance premiums 828 529
Debt 9,813 9,267
Other liabilities 7,744 7,282
Liabilities held for sale   2,542
Total liabilities 113,094 110,814
Shareholders’ equity    
Common stock (1,750.0 shares authorized; 204.9 and 217.5 shares issued and outstanding) 26,307 25,910
Retained earnings 60,002 54,931
Accumulated other comprehensive loss (7,063) (2,500)
Treasury stock, at cost (590.8 and 575.9 shares) (50,251) (45,447)
Total shareholders’ equity 28,995 32,894
Total liabilities and shareholders’ equity $ 142,089 $ 143,708