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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues        
Earned premiums $ 5,734 $ 5,310 $ 16,758 $ 15,593
Fee income 347 330 1,019 977
Net investment income 659 597 1,854 1,652
Net realized losses (13) (90) (44) (161)
Other revenues 24 21 69 66
Total revenues 6,751 6,168 19,656 18,127
Benefits, losses and expenses        
Benefits, losses and loss adjustment expenses 3,823 3,543 11,095 10,605
Amortization of deferred policy acquisition costs ("DAC") 585 517 1,691 1,510
Insurance operating costs and other expense 1,323 1,226 3,891 3,667
Interest expense 49 50 149 150
Amortization of other intangible assets 18 18 53 53
Restructuring and other costs 1 1 2 4
Total benefits, losses and expenses 5,799 5,355 16,881 15,989
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total 952 813 2,775 2,138
Income tax expense 185 162 517 405
Net income 767 651 2,258 1,733
Less: Preferred stock dividends 6 6 16 16
Net income available to common stockholders $ 761 $ 645 $ 2,242 $ 1,717
EPS        
Basic $ 2.60 $ 2.12 $ 7.59 $ 5.55
Diluted $ 2.56 $ 2.09 $ 7.47 $ 5.48