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 | 26.1B | 25.0B | 23.3B | 22.5B | -- |
| Operating Revenue | 26.1B | 25.0B | 23.3B | 22.5B | -- |
| Selling General And Administration | 843.0M | 756.0M | 626.0M | 622.0M | -- |
| General And Administrative Expense | 843.0M | 756.0M | 626.0M | 622.0M | -- |
| Depreciation And Amortization In Income Statement | 294.0M | 285.0M | 249.0M | 235.0M | -- |
| Other Operating Expenses | -304.0M | -291.0M | -316.0M | -206.0M | -- |
| EBIT | 4.5B | 3.1B | 2.0B | 3.2B | -- |
| Interest Expense | 225.0M | 222.0M | 222.0M | 177.0M | -- |
| Interest Expense Non Operating | 225.0M | 222.0M | 222.0M | 177.0M | -- |
| Interest Income | 854.0M | 735.0M | 533.0M | 575.0M | -- |
| Net Interest Income | -225.0M | -222.0M | -222.0M | -177.0M | -- |
| Other Income Expense | 33.0M | 31.0M | 23.0M | 23.0M | -- |
| Special Income Charges | -396.0M | -269.0M | -503.0M | 68.0M | -- |
| Restructuring And Mergern Acquisition | 396.0M | 407.0M | 503.0M | 353.0M | -- |
| Pretax Income | 4.3B | 2.9B | 1.8B | 3.0B | -- |
| Tax Provision | 942.0M | 568.0M | 473.0M | 557.0M | -- |
| Tax Effect Of Unusual Items | -86.7M | -53.0M | -131.8M | 12.6M | -- |
| Net Income From Continuing And Discontinued Operation | 3.4B | 2.3B | 1.3B | 2.5B | -- |
| Net Income From Continuing Operation Net Minority Interest | 3.4B | 2.3B | 1.3B | 2.5B | -- |
| Net Income Including Noncontrolling Interests | 3.4B | 2.3B | 1.3B | 2.5B | -- |
| Minority Interests | 0.00 | -13.0M | -15.0M | 4.0M | -- |
| Net Income Common Stockholders | 3.3B | 2.2B | 1.2B | 2.4B | -- |
| Net Income | 3.4B | 2.3B | 1.3B | 2.5B | -- |
| Reconciled Depreciation | 797.0M | 726.0M | 597.0M | 563.0M | -- |
| Basic EPS | 18.39 | 12.37 | 6.99 | 13.63 | -- |
| Diluted EPS | 18.35 | 12.36 | 6.99 | 13.63 | -- |
| Basic Average Shares | 178.1M | 178.3M | 176.2M | 175.6M | -- |
| Diluted Average Shares | 178.5M | 178.6M | 176.2M | 175.6M | -- |
| Total Unusual Items | -396.0M | -269.0M | -503.0M | 68.0M | -- |
| Total Unusual Items Excluding Goodwill | -396.0M | -269.0M | -503.0M | 68.0M | -- |
| Tax Rate For Calcs | 0.22 | 0.20 | 0.26 | 0.18 | -- |
| Normalized Income | 3.7B | 2.5B | 1.7B | 2.4B | -- |
| Amortization | 294.0M | 285.0M | 249.0M | 235.0M | -- |
| Diluted NI Availto Com Stockholders | 3.3B | 2.2B | 1.2B | 2.4B | -- |
| Loss Adjustment Expense | 14.6B | 15.5B | 15.1B | 14.0B | -- |
| Net Income Continuous Operations | 3.4B | 2.3B | 1.3B | 2.5B | -- |
| Net Non Operating Interest Income Expense | -225.0M | -222.0M | -222.0M | -177.0M | -- |
| Net Policyholder Benefits And Claims | 14.6B | 15.5B | 15.1B | 14.0B | -- |
| Other Gand A | 843.0M | 756.0M | 626.0M | 622.0M | -- |
| Other Special Charges | -- | -138.0M | -- | -421.0M | -- |
| Policyholder Benefits Ceded | 1.2B | 1.7B | 2.5B | 2.7B | -- |
| Policyholder Benefits Gross | 15.8B | 17.2B | 17.6B | 16.7B | -- |
| Preferred Stock Dividends | 90.0M | 90.0M | 84.0M | 60.0M | -- |
| Total Expenses | 21.8B | 22.1B | 21.5B | 19.5B | -- |
| 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 | 1.1B | 894.0M | 939.0M | 1.0B | -- |
| Cash Cash Equivalents And Short Term Investments | 18.8B | 18.9B | 17.9B | 23.8B | -- |
| Other Short Term Investments | 17.7B | 18.0B | 17.0B | 22.8B | -- |
| Accounts Receivable | 86.0M | 107.0M | 9.0M | 8.5B | -- |
| Receivables | 706.0M | 712.0M | 619.0M | 947.0M | -- |
| Prepaid Assets | 239.0M | 242.0M | 195.0M | 215.0M | -- |
| Net PPE | 865.0M | 820.0M | 799.0M | 778.0M | -- |
| Goodwill | 4.9B | 4.5B | 4.1B | 3.4B | -- |
| Goodwill And Other Intangible Assets | 9.8B | 9.6B | 9.1B | 8.1B | -- |
| Other Intangible Assets | 4.9B | 5.1B | 5.0B | 4.7B | -- |
| Investments And Advances | 40.8B | 38.7B | 35.4B | 34.2B | -- |
| Long Term Equity Investment | 1.1B | 940.0M | 944.0M | 845.0M | -- |
| Total Assets | 62.9B | 59.5B | 56.0B | 53.7B | -- |
| Current Debt | 402.0M | 448.0M | 1.1B | 4.0B | -- |
| Current Debt And Capital Lease Obligation | 402.0M | 448.0M | 1.1B | 4.0B | -- |
| Accounts Payable | 748.0M | 768.0M | 756.0M | 728.0M | -- |
| Payables | 1.5B | 1.2B | 1.2B | 1.5B | -- |
| Payables And Accrued Expenses | 2.2B | 1.8B | 1.8B | 1.5B | -- |
| Current Accrued Expenses | 743.0M | 640.0M | 535.0M | 513.0M | -- |
| Long Term Debt | 4.2B | 4.4B | 4.0B | 556.0M | -- |
| Long Term Debt And Capital Lease Obligation | 4.8B | 5.0B | 4.7B | 1.2B | -- |
| Long Term Capital Lease Obligation | 674.0M | 646.0M | 660.0M | 622.0M | -- |
| Total Liabilities Net Minority Interest | 42.0B | 41.4B | 39.5B | 37.6B | -- |
| Common Stock | 8.1B | 8.1B | 8.1B | 7.5B | -- |
| Capital Stock | 9.9B | 9.7B | 9.7B | 8.9B | -- |
| Additional Paid In Capital | 343.0M | 298.0M | 290.0M | 269.0M | -- |
| Retained Earnings | 10.3B | 7.9B | 6.5B | 7.8B | -- |
| Gains Losses Not Affecting Retained Earnings | 322.0M | 183.0M | -321.0M | -1.1B | -- |
| Other Equity Adjustments | -- | -- | -321.0M | -1.1B | 530.0M |
| Common Stock Equity | 19.1B | 16.5B | 14.6B | 14.5B | -- |
| Stockholders Equity | 20.8B | 18.1B | 16.2B | 15.8B | -- |
| Total Equity Gross Minority Interest | 20.8B | 18.1B | 16.5B | 16.1B | -- |
| Minority Interest | 0.00 | 0.00 | 285.0M | 285.0M | -- |
| Total Capitalization | 25.0B | 22.5B | 20.2B | 16.4B | -- |
| Net Tangible Assets | 11.0B | 8.6B | 7.1B | 7.8B | -- |
| Tangible Book Value | 9.3B | 7.0B | 5.4B | 6.5B | -- |
| Invested Capital | 23.6B | 21.4B | 19.7B | 19.0B | -- |
| Total Debt | 5.3B | 5.5B | 5.7B | 5.1B | -- |
| Net Debt | 3.5B | 3.9B | 4.1B | 3.5B | -- |
| Share Issued | 177.6M | 178.4M | 178.3M | 175.3M | -- |
| Ordinary Shares Number | 177.6M | 178.4M | 178.3M | 175.3M | -- |
| Capital Lease Obligations | 674.0M | 646.0M | 660.0M | 622.0M | -- |
| Commercial Paper | -- | 0.00 | 105.0M | 135.0M | 439.0M |
| Current Notes Payable | 250.0M | 300.0M | 674.0M | 3.8B | -- |
| Defined Pension Benefit | 463.0M | 296.0M | 229.0M | 671.0M | -- |
| Derivative Product Liabilities | 87.0M | 251.0M | 91.0M | 147.0M | -- |
| Employee Benefits | 298.0M | 306.0M | 313.0M | 261.0M | -- |
| Foreign Currency Translation Adjustments | 380.0M | 436.0M | 17.0M | -8.0M | -- |
| Income Tax Payable | 433.0M | 142.0M | 205.0M | 28.0M | -- |
| Investments In Other Ventures Under Equity Method | 1.1B | 940.0M | 944.0M | 845.0M | -- |
| Line Of Credit | -- | -- | 0.00 | 2.0M | 0.00 |
| Long Term Provisions | 83.0M | 106.0M | 93.0M | 85.0M | -- |
| Non Current Deferred Liabilities | 497.0M | 593.0M | 726.0M | 805.0M | -- |
| Non Current Deferred Taxes Liabilities | 497.0M | 593.0M | 726.0M | 805.0M | -- |
| Non Current Pension And Other Postretirement Benefit Plans | 298.0M | 306.0M | 313.0M | 261.0M | -- |
| Other Current Borrowings | 152.0M | 148.0M | 279.0M | 0.00 | -- |
| Other Payable | 275.0M | 275.0M | 265.0M | 781.0M | -- |
| Other Receivables | 552.0M | 534.0M | 553.0M | 693.0M | -- |
| Preferred Shares Number | -- | 54.0M | 54.0M | 54.0M | 48.0M |
| Preferred Stock | 1.8B | 1.6B | 1.6B | 1.3B | -- |
| Preferred Stock Equity | 1.8B | 1.6B | 1.6B | 1.3B | -- |
| Taxes Receivable | 68.0M | 71.0M | 57.0M | 254.0M | -- |
| Total Tax Payable | 433.0M | 142.0M | 205.0M | 28.0M | -- |
| Unrealized Gain Loss | -58.0M | -253.0M | -338.0M | -1.1B | -- |
| 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 | 4.4B | 3.4B | 1.8B | 3.7B | -- |
| Cash Flow From Continuing Operating Activities | 4.8B | 3.4B | 1.8B | 3.7B | -- |
| Depreciation And Amortization | 797.0M | 726.0M | 597.0M | 563.0M | -- |
| Stock Based Compensation | 147.0M | 104.0M | 120.0M | 152.0M | -- |
| Change In Working Capital | 806.0M | 947.0M | -289.0M | 249.0M | -- |
| Changes In Account Receivables | -- | -- | -- | -259.0M | -90.0M |
| Change In Receivables | -- | -- | -- | -259.0M | -90.0M |
| Change In Other Working Capital | -- | -- | 879.0M | 365.0M | -- |
| Change In Other Current Assets | -9.0M | -74.0M | 10.0M | -42.0M | -- |
| Change In Other Current Liabilities | -31.0M | -171.0M | -1.2B | -74.0M | -- |
| Other Non Cash Items | -517.0M | -125.0M | 87.0M | 103.0M | -- |
| Capital Expenditure | -457.0M | -429.0M | -458.0M | -411.0M | -- |
| Purchase Of Business | -621.0M | -190.0M | -995.0M | -474.0M | -- |
| Sale Of Business | 0.00 | 145.0M | 0.00 | 1.3B | -- |
| Purchase Of Investment | -28.3B | -31.1B | -32.5B | -24.5B | -- |
| Sale Of Investment | 26.8B | 30.0B | 31.9B | 21.4B | -- |
| Net Investment Purchase And Sale | -1.5B | -1.1B | -552.0M | -3.2B | -- |
| Investing Cash Flow | -2.6B | -1.6B | -2.0B | -2.7B | -- |
| Cash Flow From Continuing Investing Activities | -2.6B | -1.6B | -2.0B | -2.7B | -- |
| Issuance Of Debt | 298.0M | 298.0M | 799.0M | 1.3B | -- |
| Repayment Of Debt | -615.0M | -761.0M | -288.0M | -1.8B | -- |
| Net Issuance Payments Of Debt | -317.0M | -568.0M | 479.0M | -855.0M | -- |
| Issuance Of Capital Stock | 147.0M | 0.00 | 847.0M | 146.0M | -- |
| Repurchase Of Capital Stock | -394.0M | -204.0M | -128.0M | -262.0M | -- |
| Net Common Stock Issuance | -394.0M | -204.0M | 423.0M | -262.0M | -- |
| Common Stock Payments | -394.0M | -204.0M | -128.0M | -262.0M | -- |
| Financing Cash Flow | -1.6B | -2.0B | 321.0M | -2.2B | -- |
| Cash Flow From Continuing Financing Activities | -1.6B | -2.0B | 321.0M | -2.2B | -- |
| Effect Of Exchange Rate Changes | 10.0M | 59.0M | -1.0M | 22.0M | -- |
| Changes In Cash | 206.0M | -233.0M | 162.0M | -1.3B | -- |
| Beginning Cash Position | 997.0M | 1.2B | 1.0B | 2.3B | -- |
| End Cash Position | 1.2B | 997.0M | 1.2B | 1.0B | -- |
| Free Cash Flow | 3.9B | 3.0B | 1.4B | 3.3B | -- |
| Interest Paid Supplemental Data | 227.0M | 225.0M | 228.0M | 176.0M | -- |
| Amortization Cash Flow | 622.0M | 563.0M | 436.0M | 389.0M | -- |
| Amortization Of Intangibles | 622.0M | 563.0M | 436.0M | 389.0M | -- |
| Amortization Of Securities | -160.0M | -131.0M | -37.0M | 120.0M | -- |
| Cash Dividends Paid | -1.0B | -953.0M | -862.0M | -762.0M | -- |
| Common Stock Issuance | -- | 0.00 | 551.0M | 0.00 | 4.3B |
| Depreciation | 175.0M | 163.0M | 161.0M | 174.0M | -- |
| Dividend Received Cfo | 59.0M | 44.0M | 39.0M | 49.0M | -- |
| Earnings Losses From Equity Investments | -67.0M | -89.0M | -96.0M | -103.0M | -- |
| Gain Loss On Investment Securities | -589.0M | -611.0M | -402.0M | 138.0M | -- |
| Gain Loss On Sale Of Business | 0.00 | -138.0M | 0.00 | -421.0M | -- |
| Long Term Debt Issuance | 298.0M | 298.0M | 799.0M | 1.3B | -- |
| Long Term Debt Payments | -615.0M | -761.0M | -288.0M | -1.8B | -- |
| Net Business Purchase And Sale | -621.0M | -45.0M | -995.0M | 821.0M | -- |
| Net Foreign Currency Exchange Gain Loss | 28.0M | 128.0M | 104.0M | -177.0M | -- |
| Net Income From Continuing Operations | 4.3B | 2.9B | 1.8B | 3.0B | -- |
| Net Intangibles Purchase And Sale | -457.0M | -429.0M | -458.0M | -411.0M | -- |
| Net Long Term Debt Issuance | -317.0M | -463.0M | 511.0M | -553.0M | -- |
| Net Other Financing Charges | -- | -292.0M | -15.0M | -474.0M | -42.0M |
| Net Other Investing Changes | -- | -- | -- | -235.0M | -102.0M |
| Net Preferred Stock Issuance | 147.0M | 0.00 | 296.0M | 146.0M | -- |
| Net Short Term Debt Issuance | 0.00 | -105.0M | -32.0M | -302.0M | -- |
| Operating Gains Losses | -540.0M | -613.0M | -393.0M | -58.0M | -- |
| Pension And Employee Benefit Expense | 88.0M | 97.0M | 1.0M | 84.0M | -- |
| Preferred Stock Issuance | 147.0M | 0.00 | 296.0M | 146.0M | -- |
| Proceeds From Stock Option Exercised | 0.00 | 11.0M | 0.00 | -- | -- |
| Purchase Of Intangibles | -457.0M | -429.0M | -458.0M | -411.0M | -- |
| Taxes Refund Paid | -820.0M | -745.0M | -153.0M | -408.0M | -- |