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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues        
Earned premiums $ 5,578 $ 5,220 $ 11,024 $ 10,283
Fee income 339 328 672 647
Net investment income 602 540 1,195 1,055
Net realized losses (59) (64) (31) (71)
Other revenues 26 25 45 45
Total revenues 6,486 6,049 12,905 11,959
Benefits, losses and expenses        
Benefits, losses and loss adjustment expenses 3,661 3,580 7,272 7,062
Amortization of deferred policy acquisition costs ("DAC") 561 502 1,106 993
Insurance operating costs and other expense 1,285 1,225 2,568 2,441
Interest expense 50 50 100 100
Amortization of other intangible assets 17 17 35 35
Restructuring and other costs 0 3 1 3
Total benefits, losses and expenses 5,574 5,377 11,082 10,634
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total 912 672 1,823 1,325
Income tax expense 174 125 332 243
Net income 738 547 1,491 1,082
Less: Preferred stock dividends 5 5 10 10
Net income available to common stockholders $ 733 $ 542 $ 1,481 $ 1,072
EPS        
Basic $ 2.48 $ 1.75 $ 4.99 $ 3.44
Diluted $ 2.44 $ 1.73 $ 4.92 $ 3.39