Income Statement
Balance Sheet
Cash Flow
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Total Revenue | 6.6B | 6.7B | 6.3B | 6.4B | 6.1B |
| Operating Revenue | 6.6B | 6.7B | 6.3B | 6.4B | 6.1B |
| Other Operating Expenses | -851.0M | 170.0M | 203.0M | 175.0M | -776.0M |
| EBIT | 1.3B | 1.2B | 1.2B | 904.0M | 894.0M |
| Interest Expense | 58.0M | 55.0M | 57.0M | 55.0M | 56.0M |
| Interest Expense Non Operating | 58.0M | 55.0M | 57.0M | 55.0M | 56.0M |
| Interest Income | 225.0M | 211.0M | 209.0M | 209.0M | 190.0M |
| Net Interest Income | -58.0M | -55.0M | -57.0M | -55.0M | -56.0M |
| Other Income Expense | 14.0M | 8.0M | 3.0M | 8.0M | 7.0M |
| Special Income Charges | -99.0M | -101.0M | -127.0M | -69.0M | -127.0M |
| Restructuring And Mergern Acquisition | 99.0M | 101.0M | 127.0M | 69.0M | 127.0M |
| Pretax Income | 1.2B | 1.1B | 1.1B | 849.0M | 838.0M |
| Tax Provision | 245.0M | 257.0M | 267.0M | 173.0M | 171.0M |
| Tax Effect Of Unusual Items | -20.1M | -23.2M | -29.8M | -14.1M | -25.9M |
| Net Income From Continuing And Discontinued Operation | 961.0M | 861.0M | 867.0M | 676.0M | 667.0M |
| Net Income From Continuing Operation Net Minority Interest | 961.0M | 861.0M | 867.0M | 676.0M | 667.0M |
| Net Income Including Noncontrolling Interests | 961.0M | 861.0M | 867.0M | 676.0M | 667.0M |
| Minority Interests | 0.00 | 0.00 | 0.00 | -- | 0.00 |
| Net Income Common Stockholders | 871.0M | 861.0M | 839.0M | 659.0M | 639.0M |
| Net Income | 961.0M | 861.0M | 867.0M | 676.0M | 667.0M |
| Reconciled Depreciation | 192.0M | 200.0M | 214.0M | 191.0M | 187.0M |
| Basic EPS | -- | 4.73 | 4.71 | 3.70 | -- |
| Diluted EPS | -- | 4.73 | 4.70 | 3.69 | -- |
| Basic Average Shares | -- | 178.2M | 178.3M | 178.3M | -- |
| Diluted Average Shares | -- | 178.5M | 178.7M | 178.7M | -- |
| Total Unusual Items | -99.0M | -101.0M | -127.0M | -69.0M | -127.0M |
| Total Unusual Items Excluding Goodwill | -99.0M | -101.0M | -127.0M | -69.0M | -127.0M |
| Tax Rate For Calcs | 0.20 | 0.23 | 0.23 | 0.20 | 0.20 |
| Normalized Income | 1.0B | 938.8M | 964.2M | 730.9M | 768.1M |
| Diluted NI Availto Com Stockholders | 871.0M | 861.0M | 839.0M | 659.0M | 639.0M |
| Loss Adjustment Expense | 3.5B | 5.3B | 4.8B | 3.9B | 3.5B |
| Net Income Continuous Operations | 961.0M | 861.0M | 867.0M | 676.0M | 667.0M |
| Net Non Operating Interest Income Expense | -58.0M | -55.0M | -57.0M | -55.0M | -56.0M |
| Net Policyholder Benefits And Claims | 3.5B | 5.3B | 4.8B | 3.9B | 3.5B |
| Other Special Charges | -- | -- | -- | -- | 0.00 |
| Policyholder Benefits Ceded | 244.0M | 306.0M | 265.0M | 405.0M | 116.0M |
| Policyholder Benefits Gross | 3.7B | 5.6B | 5.1B | 4.3B | 3.6B |
| Preferred Stock Dividends | -- | -- | 28.0M | 17.0M | 28.0M |
| Total Expenses | 5.4B | 5.6B | 5.2B | 5.6B | 5.3B |
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 1.1B | 1.5B | 1.3B | 1.0B | 894.0M |
| Cash Cash Equivalents And Short Term Investments | 18.8B | 19.7B | 19.5B | 19.1B | 18.9B |
| Other Short Term Investments | 17.7B | 18.2B | 18.2B | 18.1B | 18.0B |
| Accounts Receivable | 86.0M | 223.0M | 94.0M | 135.0M | 107.0M |
| Receivables | 706.0M | 832.0M | 671.0M | 735.0M | 712.0M |
| Prepaid Assets | 239.0M | 266.0M | 297.0M | 317.0M | 242.0M |
| Net PPE | 865.0M | 854.0M | 838.0M | 838.0M | 820.0M |
| Goodwill | 4.9B | 4.9B | 4.7B | 4.7B | 4.5B |
| Goodwill And Other Intangible Assets | 9.8B | 9.8B | 9.7B | 9.8B | 9.6B |
| Other Intangible Assets | 4.9B | 4.9B | 4.9B | 5.1B | 5.1B |
| Investments And Advances | 40.8B | 40.7B | 39.4B | 39.2B | 38.7B |
| Long Term Equity Investment | 1.1B | 1.1B | 1.1B | 1.0B | 940.0M |
| Total Assets | 62.9B | 63.0B | 60.9B | 60.6B | 59.5B |
| Current Debt | 402.0M | 122.0M | 107.0M | 130.0M | 448.0M |
| Current Debt And Capital Lease Obligation | 402.0M | 122.0M | 107.0M | 130.0M | 448.0M |
| Accounts Payable | 748.0M | 1.1B | 1.0B | 915.0M | 768.0M |
| Payables | 1.5B | 1.7B | 1.5B | 1.2B | 1.2B |
| Payables And Accrued Expenses | 2.2B | 2.4B | 1.9B | 1.9B | 1.8B |
| Current Accrued Expenses | 743.0M | 732.0M | 430.0M | 719.0M | 640.0M |
| Long Term Debt | 4.2B | 4.7B | 4.6B | 4.7B | 4.4B |
| Long Term Debt And Capital Lease Obligation | 4.8B | 5.3B | 5.3B | 5.4B | 5.0B |
| Long Term Capital Lease Obligation | 674.0M | 679.0M | 677.0M | 668.0M | 646.0M |
| Total Liabilities Net Minority Interest | 42.0B | 43.0B | 41.6B | 41.8B | 41.4B |
| Common Stock | 8.1B | 8.1B | 8.1B | 8.1B | 8.1B |
| Capital Stock | 9.9B | 9.7B | 9.7B | 9.7B | 9.7B |
| Additional Paid In Capital | 343.0M | 283.0M | 254.0M | 284.0M | 298.0M |
| Retained Earnings | 10.3B | 9.6B | 9.0B | 8.3B | 7.9B |
| Gains Losses Not Affecting Retained Earnings | 322.0M | 404.0M | 260.0M | 399.0M | 183.0M |
| Common Stock Equity | 19.1B | 18.3B | 17.6B | 17.1B | 16.5B |
| Stockholders Equity | 20.8B | 20.0B | 19.2B | 18.8B | 18.1B |
| Total Equity Gross Minority Interest | 20.8B | 20.0B | 19.2B | 18.8B | 18.1B |
| Minority Interest | 0.00 | -- | 0.00 | -- | 0.00 |
| Total Capitalization | 25.0B | 24.6B | 23.9B | 23.5B | 22.5B |
| Net Tangible Assets | 11.0B | 10.2B | 9.6B | 9.0B | 8.6B |
| Tangible Book Value | 9.3B | 8.5B | 7.9B | 7.3B | 7.0B |
| Invested Capital | 23.6B | 23.1B | 22.3B | 22.0B | 21.4B |
| Total Debt | 5.3B | 5.5B | 5.4B | 5.5B | 5.5B |
| Net Debt | 3.5B | 3.3B | 3.5B | 3.8B | 3.9B |
| Share Issued | 177.6M | 177.8M | 178.3M | 178.3M | 178.4M |
| Ordinary Shares Number | 177.6M | 177.8M | 178.3M | 178.3M | 178.4M |
| Capital Lease Obligations | 674.0M | 679.0M | 677.0M | 668.0M | 646.0M |
| Commercial Paper | -- | -- | -- | 42.0M | 0.00 |
| Current Notes Payable | 250.0M | 0.00 | 0.00 | 0.00 | 300.0M |
| Defined Pension Benefit | 463.0M | 436.0M | 329.0M | 312.0M | 296.0M |
| Derivative Product Liabilities | 87.0M | 165.0M | 119.0M | 207.0M | 251.0M |
| Employee Benefits | 298.0M | 304.0M | 299.0M | 303.0M | 306.0M |
| Foreign Currency Translation Adjustments | 380.0M | 464.0M | 370.0M | 544.0M | 436.0M |
| Income Tax Payable | 433.0M | 325.0M | 174.0M | 85.0M | 142.0M |
| Investments In Other Ventures Under Equity Method | 1.1B | 1.1B | 1.1B | 1.0B | 940.0M |
| Long Term Provisions | 83.0M | 84.0M | 89.0M | 92.0M | 106.0M |
| Non Current Deferred Liabilities | 497.0M | 511.0M | 536.0M | 555.0M | 593.0M |
| Non Current Deferred Taxes Liabilities | 497.0M | 511.0M | 536.0M | 555.0M | 593.0M |
| Non Current Pension And Other Postretirement Benefit Plans | 298.0M | 304.0M | 299.0M | 303.0M | 306.0M |
| Other Current Borrowings | 152.0M | 122.0M | 107.0M | 88.0M | 148.0M |
| Other Payable | 275.0M | 299.0M | 273.0M | 191.0M | 275.0M |
| Other Receivables | 552.0M | 558.0M | 512.0M | 514.0M | 534.0M |
| Preferred Shares Number | -- | 54.0M | 54.0M | 54.0M | 54.0M |
| Preferred Stock | 1.8B | 1.6B | 1.6B | 1.6B | 1.6B |
| Preferred Stock Equity | 1.8B | 1.6B | 1.6B | 1.6B | 1.6B |
| Taxes Receivable | 68.0M | 51.0M | 65.0M | 86.0M | 71.0M |
| Total Tax Payable | 433.0M | 325.0M | 174.0M | 85.0M | 142.0M |
| Unrealized Gain Loss | -58.0M | -60.0M | -110.0M | -145.0M | -253.0M |
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | 997.0M | 1.7B | 1.1B | 578.0M | 1.1B |
| Cash Flow From Continuing Operating Activities | 1.4B | 1.7B | 1.1B | 578.0M | 1.1B |
| Depreciation And Amortization | 192.0M | 200.0M | 214.0M | 191.0M | 187.0M |
| Stock Based Compensation | 30.0M | 45.0M | 50.0M | 22.0M | 48.0M |
| Change In Working Capital | -75.0M | 869.0M | 56.0M | -26.0M | 119.0M |
| Change In Other Current Assets | 65.0M | -16.0M | 25.0M | -83.0M | -17.0M |
| Change In Other Current Liabilities | 29.0M | 148.0M | -180.0M | -10.0M | 12.0M |
| Other Non Cash Items | -398.0M | -65.0M | -2.0M | -62.0M | -220.0M |
| Capital Expenditure | -156.0M | -127.0M | -85.0M | -89.0M | -102.0M |
| Sale Of Business | 0.00 | 0.00 | 0.00 | -- | 0.00 |
| Purchase Of Investment | -6.4B | -6.9B | -7.1B | -7.9B | -7.1B |
| Sale Of Investment | 5.6B | 6.2B | 6.8B | 8.2B | 6.6B |
| Net Investment Purchase And Sale | -837.0M | -670.0M | -326.0M | 330.0M | -572.0M |
| Investing Cash Flow | -1.1B | -964.0M | -485.0M | -50.0M | -698.0M |
| Cash Flow From Continuing Investing Activities | -1.1B | -964.0M | -485.0M | -50.0M | -698.0M |
| Issuance Of Debt | 0.00 | 0.00 | 0.00 | 340.0M | -97.0M |
| Repayment Of Debt | -249.0M | -26.0M | -19.0M | -321.0M | -22.0M |
| Net Issuance Payments Of Debt | -249.0M | -26.0M | -61.0M | 19.0M | -224.0M |
| Issuance Of Capital Stock | 147.0M | 0.00 | -- | -- | 0.00 |
| Repurchase Of Capital Stock | -58.0M | -156.0M | -125.0M | -55.0M | -28.0M |
| Net Common Stock Issuance | -58.0M | -156.0M | -125.0M | -55.0M | -28.0M |
| Common Stock Payments | -58.0M | -156.0M | -125.0M | -55.0M | -28.0M |
| Financing Cash Flow | -424.0M | -436.0M | -451.0M | -290.0M | -495.0M |
| Cash Flow From Continuing Financing Activities | -424.0M | -436.0M | -451.0M | -290.0M | -495.0M |
| Effect Of Exchange Rate Changes | -14.0M | 23.0M | -13.0M | 14.0M | 30.0M |
| Changes In Cash | -509.0M | 275.0M | 202.0M | 238.0M | -116.0M |
| Beginning Cash Position | 1.7B | 1.4B | 1.2B | 997.0M | 1.1B |
| End Cash Position | 1.2B | 1.7B | 1.4B | 1.2B | 997.0M |
| Free Cash Flow | 841.0M | 1.5B | 1.1B | 489.0M | 975.0M |
| Interest Paid Supplemental Data | 62.0M | 56.0M | -- | 55.0M | 63.0M |
| Amortization Cash Flow | 147.0M | 152.0M | 173.0M | 150.0M | 147.0M |
| Amortization Of Intangibles | 147.0M | 152.0M | 173.0M | 150.0M | 147.0M |
| Amortization Of Securities | -41.0M | -44.0M | -38.0M | -37.0M | -38.0M |
| Cash Dividends Paid | -264.0M | -254.0M | -265.0M | -254.0M | -243.0M |
| Common Stock Issuance | -- | 0.00 | -- | -- | 0.00 |
| Depreciation | 45.0M | 48.0M | 41.0M | 41.0M | 40.0M |
| Dividend Received Cfo | 34.0M | 9.0M | 7.0M | 9.0M | 5.0M |
| Earnings Losses From Equity Investments | -19.0M | -8.0M | -18.0M | -22.0M | -22.0M |
| Gain Loss On Investment Securities | 373.0M | -527.0M | -120.0M | -173.0M | 430.0M |
| Gain Loss On Sale Of Business | 0.00 | 0.00 | -- | -- | -- |
| Long Term Debt Issuance | 0.00 | 0.00 | 0.00 | 340.0M | -97.0M |
| Long Term Debt Payments | -249.0M | -26.0M | -19.0M | -321.0M | -22.0M |
| Net Business Purchase And Sale | -89.0M | -167.0M | -74.0M | -291.0M | -24.0M |
| Net Foreign Currency Exchange Gain Loss | -36.0M | -36.0M | -- | 58.0M | -67.0M |
| Net Income From Continuing Operations | 1.2B | 1.1B | 1.1B | 849.0M | 838.0M |
| Net Intangibles Purchase And Sale | -156.0M | -127.0M | -85.0M | -89.0M | -102.0M |
| Net Long Term Debt Issuance | -249.0M | -26.0M | -19.0M | 19.0M | -119.0M |
| Net Other Financing Charges | -- | -- | -- | -- | 0.00 |
| Net Preferred Stock Issuance | -- | -- | -- | -- | 0.00 |
| Net Short Term Debt Issuance | 0.00 | 0.00 | -42.0M | -- | -- |
| Operating Gains Losses | 336.0M | -547.0M | -114.0M | -115.0M | 230.0M |
| Pension And Employee Benefit Expense | 18.0M | 24.0M | 24.0M | 22.0M | 27.0M |
| Preferred Stock Issuance | -- | -- | -- | -- | 0.00 |
| Proceeds From Stock Option Exercised | -- | -- | 0.00 | -- | 0.00 |
| Purchase Of Intangibles | -156.0M | -127.0M | -85.0M | -89.0M | -102.0M |
| Taxes Refund Paid | -213.0M | -157.0M | -169.0M | -281.0M | -134.0M |