XML 13 R2.htm IDEA: XBRL DOCUMENT v3.24.2Close
CONSOLIDATED CONDENSED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Investments:    
Fixed maturities, amortized cost of $43,469 and $42,615, less allowance for credit loss of $17 and $16 $ 40,879 $ 40,626
Equity securities, cost of $1,076 and $1,015 1,117 1,050
Limited partnership investments 2,367 2,174
Other invested assets, primarily mortgage loans, less allowance for credit loss of $35 and $35 1,067 1,123
Short-term investments 4,916 4,396
Total investments 50,346 49,369
Cash 470 399
Receivables 10,280 9,660
Property, plant and equipment 10,710 10,718
Goodwill 347 347
Deferred non-insurance warranty acquisition expenses 3,598 3,661
Deferred acquisition costs of insurance subsidiaries 948 896
Other assets 4,358 4,147
Total assets 81,057 79,197 Close
Insurance reserves:    
Claim and claim adjustment expense 23,974 23,304
Future policy benefits 13,211 13,959
Unearned premiums 7,409 6,933
Total insurance reserves 44,594 44,196
Payable to brokers 130 79
Short-term debt 1,013 1,084
Long-term debt 8,558 7,919
Deferred income taxes 502 398
Deferred non-insurance warranty revenue 4,623 4,694
Other liabilities 4,436 4,302
Total liabilities 63,856 62,672 Close
Commitments and contingent liabilities
Shareholders' equity:    
Preferred stock
Common stock 2 2
Additional paid-in capital 2,556 2,589
Retained earnings 16,415 15,617
Accumulated other comprehensive loss (2,383) (2,497)
Shareholders' equity before treasury stock, total 16,590 15,711
Less treasury stock, at cost (2,749,732 and 100,000 shares) (206) (7)
Total shareholders’ equity 16,384 15,704
Noncontrolling interests 817 821
Total equity 17,201 16,525 Close
Total liabilities and equity $ 81,057 $ 79,197