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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenues        
Earned premiums $ 5,961 $ 5,578 $ 11,796 $ 11,024
Fee income 342 339 688 672
Net investment income 664 602 1,320 1,195
Net realized losses (10) (59) (59) (31)
Other revenues 30 26 52 45
Total revenues 6,987 6,486 13,797 12,905
Benefits, losses and expenses        
Benefits, losses and loss adjustment expenses 3,712 3,661 7,712 7,272
Amortization of deferred policy acquisition costs ("DAC") 625 561 1,232 1,106
Insurance operating costs and other expense 1,337 1,285 2,689 2,568
Interest expense 50 50 100 100
Amortization of other intangible assets 17 17 35 35
Restructuring and other costs 0 0 0 1
Total benefits, losses and expenses 5,741 5,574 11,768 11,082
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total 1,246 912 2,029 1,823
Income tax expense 251 174 404 332
Net income 995 738 1,625 1,491
Less: Preferred stock dividends 5 5 10 10
Net income available to common stockholders $ 990 $ 733 $ 1,615 $ 1,481
EPS        
Basic $ 3.49 $ 2.48 $ 5.66 $ 4.99
Diluted $ 3.44 $ 2.44 $ 5.58 $ 4.92