Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Total Revenue | 39.1B | 34.7B | 36.7B | -2.7B | -- |
| Operating Revenue | 39.1B | 34.7B | 36.7B | -2.7B | -- |
| Selling General And Administration | 7.1B | 6.7B | 6.3B | 5.4B | -- |
| General And Administrative Expense | 7.1B | 6.7B | 6.3B | 5.4B | -- |
| Depreciation And Amortization In Income Statement | 579.0M | 556.0M | 505.0M | 516.0M | -- |
| Other Operating Expenses | -9.0M | -7.0M | 6.4B | 42.0M | -- |
| EBIT | 5.1B | 5.4B | 3.5B | 4.4B | -- |
| Interest Expense | 367.0M | 390.0M | 410.0M | 379.0M | -- |
| Interest Expense Non Operating | 367.0M | 390.0M | 410.0M | 379.0M | -- |
| Interest Income | -3.2B | -3.5B | -3.4B | -2.6B | -- |
| Net Interest Income | -392.0M | -416.0M | -437.0M | -403.0M | -- |
| Special Income Charges | -375.0M | -122.0M | -226.0M | -178.0M | -- |
| Restructuring And Mergern Acquisition | 375.0M | 122.0M | 226.0M | 178.0M | -- |
| Pretax Income | 4.7B | 5.0B | 3.1B | 4.1B | -- |
| Tax Provision | 534.0M | 737.0M | 53.0M | 394.0M | -- |
| Tax Effect Of Unusual Items | -42.6M | -18.1M | -9.3M | -17.2M | -- |
| Net Income From Continuing And Discontinued Operation | 4.1B | 4.1B | 2.9B | 3.7B | -- |
| Net Income From Continuing Operation Net Minority Interest | 4.1B | 4.1B | 3.0B | 3.8B | -- |
| Net Income Including Noncontrolling Interests | 4.2B | 4.2B | 2.9B | 3.6B | -- |
| Minority Interests | -41.0M | -103.0M | -23.0M | 88.0M | -- |
| Net Income Common Stockholders | 4.0B | 3.9B | 2.7B | 3.6B | -- |
| Net Income | 4.1B | 4.1B | 2.9B | 3.7B | -- |
| Reconciled Depreciation | 579.0M | 556.0M | 505.0M | 516.0M | -- |
| Basic EPS | 4.29 | 4.23 | 2.94 | 3.86 | -- |
| Diluted EPS | 4.26 | 4.21 | 2.93 | 3.86 | -- |
| Basic Average Shares | 924.0M | 932.1M | 931.6M | 931.7M | -- |
| Diluted Average Shares | 928.8M | 935.1M | 933.5M | 932.3M | -- |
| Total Unusual Items | -375.0M | -122.0M | -226.0M | -178.0M | -- |
| Total Unusual Items Excluding Goodwill | -375.0M | -122.0M | -226.0M | -178.0M | -- |
| Tax Rate For Calcs | 0.11 | 0.15 | 0.04 | 0.10 | -- |
| Normalized Income | 4.5B | 4.2B | 3.2B | 3.9B | -- |
| Amortization | 441.0M | 415.0M | 366.0M | 354.0M | -- |
| Depreciation Income Statement | 138.0M | 141.0M | 139.0M | 162.0M | -- |
| Diluted NI Availto Com Stockholders | 4.0B | 3.9B | 2.7B | 3.6B | -- |
| Loss Adjustment Expense | 24.0B | 20.1B | 24.6B | -15.0B | -- |
| Net Income Continuous Operations | 4.2B | 4.2B | 3.0B | 3.7B | -- |
| Net Income Discontinuous Operations | 0.00 | -71.0M | -124.0M | -32.0M | -- |
| Net Non Operating Interest Income Expense | -392.0M | -416.0M | -437.0M | -403.0M | -- |
| Net Policyholder Benefits And Claims | 24.0B | 20.1B | 24.6B | -15.0B | -- |
| Other Gand A | 1.8B | 1.7B | 1.8B | 1.3B | -- |
| Otherunder Preferred Stock Dividend | -- | -- | 124.0M | 32.0M | -- |
| Policyholder Benefits Ceded | -332.0M | -352.0M | 146.0M | -1.6B | -- |
| Policyholder Benefits Gross | 23.7B | 19.7B | 24.7B | -16.6B | -- |
| Preferred Stock Dividends | 160.0M | 130.0M | 130.0M | 130.0M | -- |
| Salaries And Wages | 5.3B | 5.1B | 4.5B | 4.1B | -- |
| Total Expenses | 34.4B | 29.7B | 40.1B | -6.8B | -- |
| Total Other Finance Cost | 25.0M | 26.0M | 27.0M | 24.0M | -- |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 8.2B | 9.6B | 7.1B | 6.4B | -- |
| Cash Cash Equivalents And Short Term Investments | 22.5B | 24.7B | 18.8B | 19.1B | -- |
| Other Short Term Investments | 14.3B | 15.1B | 11.8B | 12.7B | -- |
| Accounts Receivable | 6.0B | 5.4B | 4.9B | 4.4B | -- |
| Receivables | 7.5B | 6.6B | 5.8B | 5.2B | -- |
| Prepaid Assets | 136.0M | 167.0M | 128.0M | 132.0M | -- |
| Net PPE | 1.5B | 1.4B | 1.4B | 1.5B | -- |
| Goodwill | 11.3B | 11.4B | 11.2B | 10.6B | -- |
| Goodwill And Other Intangible Assets | 16.2B | 16.4B | 15.7B | 16.8B | -- |
| Other Intangible Assets | 4.9B | 5.0B | 4.5B | 6.2B | -- |
| Investments And Advances | 236.9B | 228.5B | 175.8B | 173.4B | -- |
| Long Term Equity Investment | 1.1B | 1.0B | 843.0M | 638.0M | -- |
| Total Assets | 862.8B | 802.2B | 713.2B | 672.2B | -- |
| Current Debt | 648.0M | 523.0M | 435.0M | 1.2B | -- |
| Current Debt And Capital Lease Obligation | 648.0M | 523.0M | 435.0M | 1.2B | -- |
| Accounts Payable | 4.0B | 3.5B | 3.2B | 2.8B | -- |
| Payables | 4.5B | 3.8B | 3.4B | 2.9B | -- |
| Payables And Accrued Expenses | 4.5B | 3.8B | 3.4B | 2.9B | -- |
| Long Term Debt | 12.4B | 13.1B | 12.0B | 9.6B | -- |
| Long Term Debt And Capital Lease Obligation | 12.8B | 13.5B | 12.3B | 10.1B | -- |
| Long Term Capital Lease Obligation | 344.0M | 380.0M | 361.0M | 507.0M | -- |
| Total Liabilities Net Minority Interest | 829.8B | 769.5B | 683.4B | 643.4B | -- |
| Common Stock | 6.0B | 6.1B | 6.0B | 5.8B | -- |
| Capital Stock | 8.9B | 8.8B | 8.7B | 8.5B | -- |
| Additional Paid In Capital | 209.0M | 208.0M | 234.0M | 209.0M | -- |
| Retained Earnings | 17.5B | 17.3B | 15.5B | 15.0B | -- |
| Gains Losses Not Affecting Retained Earnings | 1.7B | 1.8B | 890.0M | 713.0M | -- |
| Other Equity Adjustments | 1.7B | 1.8B | 890.0M | 713.0M | -- |
| Common Stock Equity | 26.9B | 26.8B | 24.1B | 23.2B | -- |
| Stockholders Equity | 29.9B | 29.5B | 26.8B | 25.9B | -- |
| Total Equity Gross Minority Interest | 33.0B | 32.7B | 29.9B | 28.8B | -- |
| Minority Interest | 3.1B | 3.1B | 3.0B | 2.9B | -- |
| Total Capitalization | 42.3B | 42.7B | 38.8B | 35.5B | -- |
| Net Tangible Assets | 13.7B | 13.2B | 11.1B | 9.1B | -- |
| Tangible Book Value | 10.7B | 10.4B | 8.4B | 6.3B | -- |
| Invested Capital | 40.0B | 40.5B | 36.5B | 34.0B | -- |
| Total Debt | 13.4B | 14.0B | 12.8B | 11.3B | -- |
| Net Debt | 4.9B | 4.1B | 5.3B | 4.4B | -- |
| Share Issued | 906.3M | 932.1M | 932.4M | 931.9M | -- |
| Ordinary Shares Number | 906.3M | 932.1M | 932.4M | 931.9M | -- |
| Capital Lease Obligations | 344.0M | 380.0M | 361.0M | 507.0M | -- |
| Commercial Paper | 273.0M | 144.0M | 132.0M | 135.0M | -- |
| Current Capital Lease Obligation | -- | -- | -- | -- | 522.0M |
| Defined Pension Benefit | 589.0M | 493.0M | 365.0M | 463.0M | -- |
| Derivative Product Liabilities | 2.4B | 2.1B | 1.3B | 1.6B | -- |
| Employee Benefits | 473.0M | 497.0M | 581.0M | 563.0M | -- |
| Income Tax Payable | 498.0M | 294.0M | 137.0M | 152.0M | -- |
| Investments In Other Ventures Under Equity Method | 1.1B | 1.0B | 843.0M | 638.0M | -- |
| Line Of Credit | -- | 0.00 | 60.0M | 742.0M | 64.0M |
| Loans Receivable | -- | -- | -- | 33.9B | 24.7B |
| Non Current Deferred Liabilities | 1.2B | 1.1B | 1.0B | 1.1B | -- |
| Non Current Deferred Revenue | 284.0M | 264.0M | 256.0M | 293.0M | -- |
| Non Current Deferred Taxes Liabilities | 937.0M | 834.0M | 787.0M | 773.0M | -- |
| Non Current Pension And Other Postretirement Benefit Plans | 473.0M | 497.0M | 581.0M | 563.0M | -- |
| Other Current Borrowings | 375.0M | 379.0M | 243.0M | 274.0M | -- |
| Other Equity Interest | 1.5B | 1.5B | 1.5B | 1.5B | -- |
| Other Receivables | 1.0B | 926.0M | 668.0M | 536.0M | -- |
| Preferred Shares Number | 116.8M | 108.8M | 108.8M | 108.8M | -- |
| Preferred Stock | 2.9B | 2.7B | 2.7B | 2.7B | -- |
| Preferred Stock Equity | 2.9B | 2.7B | 2.7B | 2.7B | -- |
| Taxes Receivable | 401.0M | 272.0M | 260.0M | 338.0M | -- |
| Total Tax Payable | 498.0M | 294.0M | 137.0M | 152.0M | -- |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Operating Cash Flow | 2.7B | 4.8B | 5.2B | 3.8B | -- |
| Cash Flow From Continuing Operating Activities | 2.7B | 4.8B | 5.2B | 3.8B | -- |
| Change In Working Capital | 4.7B | -839.0M | -2.0B | 3.1B | -- |
| Change In Other Working Capital | -- | -- | 1.5B | 114.0M | 279.0M |
| Change In Other Current Assets | -3.9B | -1.7B | -6.5B | 31.0B | -- |
| Change In Other Current Liabilities | 120.0M | 115.0M | 170.0M | -1.2B | -- |
| Other Non Cash Items | -5.9B | 1.5B | 4.8B | -3.0B | -- |
| Purchase Of Business | -56.0M | -197.0M | -786.0M | -2.2B | -- |
| Sale Of Business | -- | -- | -- | -- | 0.00 |
| Purchase Of Investment | -- | -- | -- | -31.3B | -42.2B |
| Sale Of Investment | -- | -- | -- | 31.3B | 33.6B |
| Net Investment Purchase And Sale | -- | -- | -- | 43.0M | -8.7B |
| Investing Cash Flow | -56.0M | -408.0M | -786.0M | -2.2B | -- |
| Cash Flow From Continuing Investing Activities | -56.0M | -197.0M | -786.0M | -2.2B | -- |
| Issuance Of Debt | 138.0M | 0.00 | 61.0M | 1.8B | -- |
| Repayment Of Debt | -689.0M | -60.0M | -1.5B | -495.0M | -- |
| Net Issuance Payments Of Debt | -551.0M | -60.0M | -1.4B | 1.3B | -- |
| Issuance Of Capital Stock | 299.0M | 88.0M | 158.0M | 43.0M | -- |
| Repurchase Of Capital Stock | -1.7B | -114.0M | -233.0M | -4.0M | -- |
| Net Common Stock Issuance | -1.6B | -26.0M | -75.0M | 43.0M | -- |
| Common Stock Dividend Paid | -2.3B | -2.1B | -1.9B | -1.8B | -- |
| Common Stock Payments | -1.7B | -114.0M | -233.0M | 0.00 | -- |
| Financing Cash Flow | -4.3B | -2.3B | -3.5B | -620.0M | -- |
| Cash Flow From Continuing Financing Activities | -4.3B | -2.3B | -3.5B | -620.0M | -- |
| Effect Of Exchange Rate Changes | -137.0M | 534.0M | -40.0M | 281.0M | -- |
| Changes In Cash | -1.7B | 2.1B | 867.0M | 934.0M | -- |
| Beginning Cash Position | 10.7B | 8.1B | 7.3B | 6.1B | -- |
| End Cash Position | 8.9B | 10.7B | 7.7B | 7.3B | -- |
| Free Cash Flow | 2.7B | 4.8B | 5.2B | 3.8B | -- |
| Interest Paid Supplemental Data | 389.0M | 410.0M | 453.0M | 408.0M | -- |
| Cash Dividends Paid | -2.4B | -2.2B | -2.1B | -2.0B | -- |
| Cash From Discontinued Investing Activities | 0.00 | -211.0M | 0.00 | -- | -- |
| Change In Prepaid Assets | -- | -- | -- | -294.0M | 845.0M |
| Common Stock Issuance | 99.0M | 88.0M | 158.0M | 43.0M | -- |
| Long Term Debt Issuance | -- | -- | 0.00 | 696.0M | 0.00 |
| Long Term Debt Payments | -689.0M | 0.00 | -735.0M | 0.00 | -- |
| Net Business Purchase And Sale | -56.0M | -197.0M | -786.0M | -2.2B | -- |
| Net Income From Continuing Operations | 4.7B | 4.8B | 2.9B | 4.0B | -- |
| Net Investment Properties Purchase And Sale | -- | -- | -- | -655.0M | -930.0M |
| Net Long Term Debt Issuance | -689.0M | -- | -735.0M | 696.0M | -4.0M |
| Net Other Financing Charges | -4.0M | -- | -- | -- | -16.0M |
| Net Preferred Stock Issuance | 200.0M | 0.00 | 0.00 | -4.0M | -- |
| Net Short Term Debt Issuance | 138.0M | -60.0M | -673.0M | 601.0M | -- |
| Other Cash Adjustment Outside Changein Cash | -- | 0.00 | -375.0M | -- | -- |
| Preferred Stock Dividend Paid | -160.0M | -130.0M | -130.0M | -130.0M | -- |
| Preferred Stock Issuance | 200.0M | 0.00 | -- | 0.00 | 200.0M |
| Preferred Stock Payments | -- | -- | 0.00 | -4.0M | -194.0M |
| Purchase Of Investment Properties | -- | -- | -- | -710.0M | -970.0M |
| Sale Of Investment Properties | -- | -- | -- | 55.0M | 40.0M |
| Short Term Debt Issuance | 138.0M | 0.00 | 61.0M | 1.1B | -- |
| Short Term Debt Payments | 0.00 | -60.0M | -734.0M | -495.0M | -- |
| Taxes Refund Paid | -764.0M | -707.0M | -423.0M | -348.0M | -- |
| Unrealized Gain Loss On Investment Securities | -- | -- | -- | 23.9B | 2.1B |