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CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Total revenues $ 1,218 $ 1,060
Costs and operating expenses:    
Insurance costs 823 751
Cost of providing services 70 64
Sales and marketing 45 46
General and administrative 47 36
Systems development and programming 16 13
Depreciation and amortization of intangible assets 13 12
Total costs and operating expenses 1,014 922
Operating income 204 138
Other income (expense):    
Interest expense, bank fees and other (5) (5)
Interest income 1 2
Income before provision for income taxes 200 135
Income taxes 54 34
Net income 146 101
Other comprehensive loss, net of income taxes (8) (1)
Comprehensive income $ 138 $ 100
Net income per share:    
Basic (in dollars per share) $ 2.23 $ 1.53
Diluted (in dollars per share) $ 2.21 $ 1.51
Weighted average shares:    
Basic (in shares) 65 66
Diluted (in shares) 66 67
Professional service revenues    
Total revenues $ 194 $ 153
Insurance service revenues    
Total revenues $ 1,024 $ 907