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CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues:        
Net premiums $ 3,094 $ 2,825 $ 9,106 $ 8,434
Investment income, net of related expenses 796 654 2,367 1,893
Investment related gains (losses), net 58 66 472 (138)
Other revenues 95 98 354 264
Total revenues 4,043 3,643 12,299 10,453
Benefits and Expenses:        
Claims and other policy benefits 3,289 2,530 9,294 7,894
Interest credited 177 196 541 529
Policy acquisition costs and other insurance expenses 338 374 1,010 912
Other operating expenses 229 211 683 594
Interest expense 41 43 129 126
Collateral finance and securitization expense 3 4 8 14
Total benefits and expenses 4,077 3,358 11,665 10,069
 Income (loss) before income taxes (34) 285 634 384
Provision for income taxes (12) 72 173 101
Net income (loss) $ (22) $ 213 $ 461 $ 283
Earnings per share:        
Basic earnings per share $ (0.32) $ 3.13 $ 6.78 $ 4.39
Diluted earnings per share $ (0.32) $ 3.12 $ 6.74 $ 4.36