XML 19 R3.htm IDEA: XBRL DOCUMENT v3.24.0.1Close
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Investments:    
Fixed maturities, amortized cost of $42,615 and $41,102, less allowance for credit loss of $16 and $1 $ 40,626 $ 37,697
Equity securities, cost of $1,015 and $1,161 1,050 1,139
Limited partnership investments 2,174 1,954
Other invested assets, primarily mortgage loans, less allowance for credit loss of $35 and $24 1,123 1,124
Short-term investments 4,396 4,854
Total investments 49,369 46,768
Cash 399 532
Receivables 9,660 9,403
Property, plant and equipment 10,718 10,027
Goodwill 347 346
Deferred non-insurance warranty acquisition expenses 3,661 3,671
Deferred acquisition costs of insurance subsidiaries 896 806
Other assets 4,147 4,014
Total assets 79,197 75,567 Close
Insurance reserves:    
Claim and claim adjustment expense 23,304 22,120
Future policy benefits 13,959 13,480
Unearned premiums 6,933 6,374
Total insurance reserves 44,196 41,974
Payable to brokers 79 133
Short-term debt 1,084 854
Long-term debt 7,919 8,165
Deferred income taxes 398 243
Deferred non-insurance warranty revenue 4,694 4,714
Other liabilities 4,302 4,283
Total liabilities 62,672 60,366 Close
Commitments and contingent liabilities
Shareholders’ equity:    
Preferred stock
Common stock 2 2
Additional paid-in capital 2,589 2,748
Retained earnings 15,617 14,931
Accumulated other comprehensive loss (2,497) (3,320)
Shareholders' equity before treasury stock, total 15,711 14,361
Less treasury stock, at cost (100,000 and 198,875 shares) (7) (12)
Total shareholders’ equity 15,704 14,349
Noncontrolling interests 821 852
Total equity 16,525 15,201 Close
Total liabilities and equity $ 79,197 $ 75,567