10-K Filing

MGIC INVESTMENT CORP CIK: 876437 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0000876437-24-000024`
Period End Date	20231231
Filing Date	20240221
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	mtg-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 69 Income Statement 69 Cash Flow Statement 107 Stockholders Equity 14 Comprehensive Income 15

Balance Sheet 69 line items

Line Item	Tag	Value	Unit	Period
Equity securities, at fair value (cost, 2023 - $16,025; 2022 - $15,924)	`EquitySecuritiesFvNi`	$14.77M	USD	Point-in-time
Equity securities, at fair value (cost, 2023 - $16,025; 2022 - $15,924)	`EquitySecuritiesFvNi`	$14.14M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Other invested assets, at cost	`OtherInvestments`	$850.00K	USD	Point-in-time
Other invested assets, at cost	`OtherInvestments`	$850.00K	USD	Point-in-time
Total investment portfolio	`Investments`	$5.42B	USD	Point-in-time
Total investment portfolio	`Investments`	$5.74B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$327.38M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	371.35M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	371.35M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$363.67M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	293.43M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	272.49M	shares	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$5.53M	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalents`	$6.98M	USD	Point-in-time
Treasury stock, shares at cost (in shares)	`TreasuryStockCommonShares`	98.86M	shares	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$55.18M	USD	Point-in-time
Treasury stock, shares at cost (in shares)	`TreasuryStockCommonShares`	77.92M	shares	Point-in-time
Accrued investment income	`AccruedInvestmentIncomeReceivable`	$58.77M	USD	Point-in-time
Reinsurance recoverable on loss reserves	`ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments`	$66.91M	USD	Point-in-time
Reinsurance recoverable on loss reserves	`ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments`	$33.30M	USD	Point-in-time
Reinsurance recoverable on loss reserves	`ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments`	$95.04M	USD	Point-in-time
Reinsurance recoverable on loss reserves	`ReinsuranceRecoverableForUnpaidClaimsAndClaimsAdjustments`	$28.24M	USD	Point-in-time
Reinsurance recoverable on paid losses	`ReinsuranceRecoverablesOnPaidLosses`	$9.90M	USD	Point-in-time
Reinsurance recoverable on paid losses	`ReinsuranceRecoverablesOnPaidLosses`	$18.08M	USD	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$58.00M	USD	Point-in-time
Premiums receivable	`PremiumsReceivableAtCarryingValue`	$58.50M	USD	Point-in-time
Home office and equipment, net	`PropertyPlantAndEquipmentNet`	$38.76M	USD	Point-in-time
Home office and equipment, net	`PropertyPlantAndEquipmentNet`	$41.42M	USD	Point-in-time
Deferred insurance policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$19.06M	USD	Point-in-time
Deferred insurance policy acquisition costs	`DeferredPolicyAcquisitionCosts`	$14.59M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxAssetsNet`	$124.77M	USD	Point-in-time
Deferred income taxes, net	`DeferredIncomeTaxAssetsNet`	$79.78M	USD	Point-in-time
Other assets	`OtherAssets`	$111.44M	USD	Point-in-time
Other assets	`OtherAssets`	$135.40M	USD	Point-in-time
Total assets	`Assets`	$6.21B	USD	Point-in-time
Total assets	`Assets`	$6.54B	USD	Point-in-time
Loss reserves	`LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability`	$557.99M	USD	Point-in-time
Loss reserves	`LiabilityForClaimsAndClaimsAdjustmentExpensePropertyCasualtyLiability`	$505.38M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$195.29M	USD	Point-in-time
Unearned premiums	`UnearnedPremiums`	$157.78M	USD	Point-in-time
Senior notes	`SeniorNotes`	$643.20M	USD	Point-in-time
Senior notes	`SeniorNotes`	$641.72M	USD	Point-in-time
Convertible junior subordinated debentures	`ConvertibleSubordinatedDebt`	$21.09M	USD	Point-in-time
Convertible junior subordinated debentures	`ConvertibleSubordinatedDebt`	-	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$154.97M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$160.01M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.47B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.57B	USD	Point-in-time
Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock	`CommonStockValue`	$371.35M	USD	Point-in-time
Common stock	`CommonStockValue`	$371.35M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.81B	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.80B	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockValue`	$1.38B	USD	Point-in-time
Treasury stock, at cost	`TreasuryStockValue`	$1.05B	USD	Point-in-time
Accumulated other comprehensive income (loss), net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-316.28M	USD	Point-in-time
Accumulated other comprehensive income (loss), net of tax	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-481.51M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.00B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.59B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$4.86B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$5.07B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$4.64B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$6.54B	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$6.21B	USD	Point-in-time

Income Statement 69 line items

Line Item	Tag	Value	Unit	Period
Direct	`DirectPremiumsWritten`	$1.11B	USD	Annual
Direct	`DirectPremiumsWritten`	$1.11B	USD	Annual
Direct	`DirectPremiumsWritten`	$1.12B	USD	Annual
Assumed	`AssumedPremiumsWritten`	$8.92M	USD	Annual
Assumed	`AssumedPremiumsWritten`	$12.84M	USD	Annual
Assumed	`AssumedPremiumsWritten`	$8.54M	USD	Annual
Ceded	`CededPremiumsWritten`	$156.37M	USD	Annual
Ceded	`CededPremiumsWritten`	$163.03M	USD	Annual
Ceded	`CededPremiumsWritten`	$202.82M	USD	Annual
Net premiums written	`PremiumsWrittenNet`	$960.73M	USD	Annual
Net premiums written	`PremiumsWrittenNet`	$915.04M	USD	Annual
Net premiums written	`PremiumsWrittenNet`	$969.01M	USD	Annual
Decrease (increase) in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$45.41M	USD	Annual
Decrease (increase) in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$46.40M	USD	Annual
Decrease (increase) in unearned premiums	`IncreaseDecreaseInUnearnedPremiumsNet`	$37.51M	USD	Annual
Net premiums earned	`PremiumsEarnedNet`	$952.55M	USD	Annual
Net premiums earned	`PremiumsEarnedNet`	$1.01B	USD	Annual
Net premiums earned	`PremiumsEarnedNet`	$1.01B	USD	Annual
Investment income, net of expenses	`NetInvestmentIncome`	$214.74M	USD	Annual
Investment income, net of expenses	`NetInvestmentIncome`	$156.44M	USD	Annual
Investment income, net of expenses	`NetInvestmentIncome`	$167.48M	USD	Annual
Net gains (losses) on investments and other financial instruments	`NetGainsLossesOnInvestmentsAndOtherFinancialInstruments`	$5.86M	USD	Annual
Net gains (losses) on investments and other financial instruments	`NetGainsLossesOnInvestmentsAndOtherFinancialInstruments`	$-14.14M	USD	Annual
Net gains (losses) on investments and other financial instruments	`NetGainsLossesOnInvestmentsAndOtherFinancialInstruments`	$-7.46M	USD	Annual
Other revenue	`OtherIncome`	$5.64M	USD	Annual
Other revenue	`OtherIncome`	$1.95M	USD	Annual
Other revenue	`OtherIncome`	$8.96M	USD	Annual
Total revenues	`Revenues`	$1.16B	USD	Annual
Total revenues	`Revenues`	$1.19B	USD	Annual
Total revenues	`Revenues`	$1.17B	USD	Annual
Losses incurred, net	`PolicyholderBenefitsAndClaimsIncurredNet`	$-20.86M	USD	Annual
Losses incurred, net	`PolicyholderBenefitsAndClaimsIncurredNet`	$64.58M	USD	Annual
Losses incurred, net	`PolicyholderBenefitsAndClaimsIncurredNet`	$-254.56M	USD	Annual
Amortization of deferred insurance policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$10.82M	USD	Annual
Amortization of deferred insurance policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$12.37M	USD	Annual
Amortization of deferred insurance policy acquisition costs	`DeferredPolicyAcquisitionCostAmortizationExpense`	$12.60M	USD	Annual
Other underwriting and operating expenses, net	`OtherUnderwritingExpense`	$198.44M	USD	Annual
Other underwriting and operating expenses, net	`OtherUnderwritingExpense`	$226.00M	USD	Annual
Other underwriting and operating expenses, net	`OtherUnderwritingExpense`	$236.70M	USD	Annual
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-40.20M	USD	Annual
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-36.91M	USD	Annual
Interest expense	`InterestExpenseDebt`	$48.05M	USD	Annual
Interest expense	`InterestExpenseDebt`	$36.91M	USD	Annual
Interest expense	`InterestExpenseDebt`	$71.36M	USD	Annual
Total losses and expenses	`BenefitsLossesAndExpenses`	$252.87M	USD	Annual
Total losses and expenses	`BenefitsLossesAndExpenses`	$383.90M	USD	Annual
Total losses and expenses	`BenefitsLossesAndExpenses`	$82.75M	USD	Annual
Income before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$902.23M	USD	Annual
Income before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$801.78M	USD	Annual
Income before tax	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.09B	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$166.79M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$189.28M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$224.69M	USD	Annual
Net income	`NetIncomeLoss`	$712.95M	USD	Annual
Net income	`NetIncomeLoss`	$865.35M	USD	Annual
Net income	`NetIncomeLoss`	$634.98M	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$1.90	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.83	USD	Annual
Basic (in dollars per share)	`EarningsPerShareBasic`	$2.51	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$1.85	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.79	USD	Annual
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$2.49	USD	Annual
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	305.85M	shares	Annual
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	283.61M	shares	Annual
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	334.33M	shares	Annual
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	351.31M	shares	Annual
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	287.15M	shares	Annual
Weighted average common shares outstanding - diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	311.23M	shares	Annual

Cash Flow Statement 107 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$712.95M	USD	Annual
Net income	`NetIncomeLoss`	$865.35M	USD	Annual
Net income	`NetIncomeLoss`	$634.98M	USD	Annual
Depreciation and other amortization	`DepreciationAmortizationAndAccretionNet`	$54.25M	USD	Annual
Depreciation and other amortization	`DepreciationAmortizationAndAccretionNet`	$35.23M	USD	Annual
Depreciation and other amortization	`DepreciationAmortizationAndAccretionNet`	$66.01M	USD	Annual
Deferred tax expense (benefit)	`IncreaseDecreaseInDeferredIncomeTaxes`	$-5.19M	USD	Annual
Deferred tax expense (benefit)	`IncreaseDecreaseInDeferredIncomeTaxes`	$4.37M	USD	Annual
Deferred tax expense (benefit)	`IncreaseDecreaseInDeferredIncomeTaxes`	$-1.06M	USD	Annual
Equity compensation	`ShareBasedCompensation`	$31.61M	USD	Annual
Equity compensation	`ShareBasedCompensation`	$24.77M	USD	Annual
Equity compensation	`ShareBasedCompensation`	$17.11M	USD	Annual
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-40.20M	USD	Annual
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-36.91M	USD	Annual
Net (gains) losses on investments and other financial instruments	`NetGainsLossesOnInvestmentsAndOtherFinancialInstruments`	$5.86M	USD	Annual
Net (gains) losses on investments and other financial instruments	`NetGainsLossesOnInvestmentsAndOtherFinancialInstruments`	$-14.14M	USD	Annual
Net (gains) losses on investments and other financial instruments	`NetGainsLossesOnInvestmentsAndOtherFinancialInstruments`	$-7.46M	USD	Annual
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$3.60M	USD	Annual
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$3.28M	USD	Annual
Accrued investment income	`IncreaseDecreaseInAccruedInvestmentIncomeReceivable`	$1.91M	USD	Annual
Reinsurance recoverable on loss reserves	`IncreaseDecreaseInReinsuranceRecoverable`	$-38.66M	USD	Annual
Reinsurance recoverable on loss reserves	`IncreaseDecreaseInReinsuranceRecoverable`	$-28.14M	USD	Annual
Reinsurance recoverable on loss reserves	`IncreaseDecreaseInReinsuranceRecoverable`	$5.06M	USD	Annual
Reinsurance recoverable on paid losses	`IncreaseDecreaseInReinsuranceRecoverableOnPaidLosses`	$-35.61M	USD	Annual
Reinsurance recoverable on paid losses	`IncreaseDecreaseInReinsuranceRecoverableOnPaidLosses`	$18.19M	USD	Annual
Reinsurance recoverable on paid losses	`IncreaseDecreaseInReinsuranceRecoverableOnPaidLosses`	$8.19M	USD	Annual
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$496.00K	USD	Annual
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$1.46M	USD	Annual
Premiums receivable	`IncreaseDecreaseInPremiumsReceivable`	$499.00K	USD	Annual
Deferred insurance policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$110.00K	USD	Annual
Deferred insurance policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$-4.47M	USD	Annual
Deferred insurance policy acquisition costs	`IncreaseDecreaseInDeferredPolicyAcquisitionCosts`	$-2.61M	USD	Annual
Profit commission receivable	`IncreaseDecreaseInProfitCommissionReceivable`	$19.25M	USD	Annual
Profit commission receivable	`IncreaseDecreaseInProfitCommissionReceivable`	$-4.72M	USD	Annual
Profit commission receivable	`IncreaseDecreaseInProfitCommissionReceivable`	$-5.11M	USD	Annual
Loss reserves	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$2.98M	USD	Annual
Loss reserves	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$-325.53M	USD	Annual
Loss reserves	`IncreaseDecreaseInLiabilityForClaimsAndClaimsAdjustmentExpenseReserve`	$-52.61M	USD	Annual
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$-46.40M	USD	Annual
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$-37.51M	USD	Annual
Unearned premiums	`IncreaseDecreaseInUnearnedPremiums`	$-45.41M	USD	Annual
Return premium accrual	`IncreaseDecreaseInOtherInsuranceLiabilities`	$7.20M	USD	Annual
Return premium accrual	`IncreaseDecreaseInOtherInsuranceLiabilities`	$-4.40M	USD	Annual
Return premium accrual	`IncreaseDecreaseInOtherInsuranceLiabilities`	$-11.80M	USD	Annual
Current income taxes	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$5.43M	USD	Annual
Current income taxes	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-8.55M	USD	Annual
Current income taxes	`IncreaseDecreaseInIncomeTaxesPayableNetOfIncomeTaxesReceivable`	$-4.14M	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$4.83M	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-990.00K	USD	Annual
Other, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-8.03M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$650.01M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$696.32M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$712.96M	USD	Annual
Purchases of investments	`PaymentsToAcquireInvestments`	$674.41M	USD	Annual
Purchases of investments	`PaymentsToAcquireInvestments`	$1.53B	USD	Annual
Purchases of investments	`PaymentsToAcquireInvestments`	$1.47B	USD	Annual
Proceeds from sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$399.66M	USD	Annual
Proceeds from sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$376.60M	USD	Annual
Proceeds from sales of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$473.90M	USD	Annual
Proceeds from maturity of fixed income securities	`ProceedsFromSaleMaturityAndCollectionOfSecurities`	$900.59M	USD	Annual
Proceeds from maturity of fixed income securities	`ProceedsFromSaleMaturityAndCollectionOfSecurities`	$688.48M	USD	Annual
Proceeds from maturity of fixed income securities	`ProceedsFromSaleMaturityAndCollectionOfSecurities`	$913.41M	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	Annual
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.34M	USD	Annual
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.00M	USD	Annual
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.25M	USD	Annual
Additions to property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.12M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$410.49M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-160.75M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-179.19M	USD	Annual
Conversion / purchase of convertible junior subordinated debentures	`EarlyRepaymentOfSubordinatedDebt`	$98.61M	USD	Annual
Conversion / purchase of convertible junior subordinated debentures	`EarlyRepaymentOfSubordinatedDebt`	$28.64M	USD	Annual
Conversion / purchase of convertible junior subordinated debentures	`EarlyRepaymentOfSubordinatedDebt`	$89.12M	USD	Annual
Redemption of 5.75% senior notes	`RepaymentsOfSeniorDebt`	-	USD	Annual
Redemption of 5.75% senior notes	`RepaymentsOfSeniorDebt`	$242.30M	USD	Annual
Redemption of 5.75% senior notes	`RepaymentsOfSeniorDebt`	-	USD	Annual
Repayment of FHLB advance	`RepaymentsOfFederalHomeLoanBankBorrowings`	-	USD	Annual
Repayment of FHLB advance	`RepaymentsOfFederalHomeLoanBankBorrowings`	$155.00M	USD	Annual
Repayment of FHLB advance	`RepaymentsOfFederalHomeLoanBankBorrowings`	-	USD	Annual
Cash portion of loss on debt extinguishment	`GainLossOnDebtExtinghuishmentCashPortion`	$39.51M	USD	Annual
Cash portion of loss on debt extinguishment	`GainLossOnDebtExtinghuishmentCashPortion`	-	USD	Annual
Cash portion of loss on debt extinguishment	`GainLossOnDebtExtinghuishmentCashPortion`	$36.91M	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$337.18M	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$290.82M	USD	Annual
Repurchase of common stock	`PaymentsForRepurchaseOfCommonStock`	$385.57M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$110.95M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$122.97M	USD	Annual
Dividends paid	`PaymentsOfDividendsCommonStock`	$94.22M	USD	Annual
Payment of withholding taxes related to share-based compensation net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$10.09M	USD	Annual
Payment of withholding taxes related to share-based compensation net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$6.73M	USD	Annual
Payment of withholding taxes related to share-based compensation net share settlement	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$7.26M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-527.29M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-496.04M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.03B	USD	Annual
Net increase in cash and cash equivalents and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$8.28M	USD	Annual
Net increase in cash and cash equivalents and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$37.73M	USD	Annual
Net increase in cash and cash equivalents and restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$27.95M	USD	Annual
Cash and cash equivalents and restricted cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$332.91M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$370.64M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$296.68M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$304.96M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$332.91M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$370.64M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$296.68M	USD	Point-in-time
Cash and cash equivalents and restricted cash and cash equivalents at end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$304.96M	USD	Point-in-time

Stockholders Equity 14 line items

Line Item	Tag	Value	Unit	Period
Balance, beginning of year	`StockholdersEquity`	$4.86B	USD	Point-in-time
Balance, beginning of year	`StockholdersEquity`	$5.07B	USD	Point-in-time
Balance, beginning of year	`StockholdersEquity`	$4.64B	USD	Point-in-time
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-601.21M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-97.12M	USD	Annual
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$165.23M	USD	Annual
Net income	`NetIncomeLoss`	$712.95M	USD	Annual
Net income	`NetIncomeLoss`	$865.35M	USD	Annual
Net income	`NetIncomeLoss`	$634.98M	USD	Annual
Cash dividends	`DividendsCash`	$65.30M	USD	2 Qtrs
Cash dividends	`DividendsCash`	$58.80M	USD	2 Qtrs
Balance, end of year	`StockholdersEquity`	$4.86B	USD	Point-in-time
Balance, end of year	`StockholdersEquity`	$5.07B	USD	Point-in-time
Balance, end of year	`StockholdersEquity`	$4.64B	USD	Point-in-time

Comprehensive Income 15 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$712.95M	USD	Annual
Net income	`NetIncomeLoss`	$865.35M	USD	Annual
Net income	`NetIncomeLoss`	$634.98M	USD	Annual
Change in unrealized investment gains and losses	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$141.55M	USD	Annual
Change in unrealized investment gains and losses	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-122.10M	USD	Annual
Change in unrealized investment gains and losses	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-558.53M	USD	Annual
Benefit plans adjustment	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-24.98M	USD	Annual
Benefit plans adjustment	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$42.67M	USD	Annual
Benefit plans adjustment	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-23.68M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-601.21M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-97.12M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$165.23M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$537.86M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$878.18M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$264.14M	USD	Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.