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Net Investment Income
12 Months Ended
Dec. 31, 2021
Net Investment Income [Abstract]  
Net Investment Income

NOTE 14.    Net Investment Income:

The components of net investment income are summarized as follows:

 

Year ended December 31,

 

 

2021

 

 

2020

 

 

2019

 

 

(in millions)

 

Interest on:

 

 

 

 

 

 

 

 

 

 

 

Debt securities

$

133

 

 

$

126

 

 

$

163

 

Deposits and other investments

 

47

 

 

 

69

 

 

 

123

 

Dividends on equity securities

 

11

 

 

 

11

 

 

 

12

 

Deferred compensation plan assets

 

19

 

 

 

13

 

 

 

17

 

Equity in earnings of affiliates, net

 

7

 

 

 

6

 

 

 

3

 

Other

 

1

 

 

 

 

 

 

2

 

Total investment income

 

218

 

 

 

225

 

 

 

320

 

Investment expenses

 

(3

)

 

 

(4

)

 

 

(4

)

Net investment income

$

215

 

 

$

221

 

 

$

316