Income Statement
Dec '13
Dec '14
Dec '15
Dec '16
Dec '17
Dec '18
Dec '19
Dec '20
Dec '21
Dec '22
LTM

Premiums and Annuity Revenues

22,350

23,090

23,024

23,232

24,297

25,601

Total Interest And Dividend Income

11,495

12,514

10,793

10,440

18,482

26,703

Gain (Loss) on Sale of Investments, Total

319

831

903

786

-485

495

Other Revenues, Total

5,374

3,132

1,665

4,294

3,912

4,821

Total Revenues

39,538

39,567

36,385

38,752

46,206

57,620

Total Revenues % Chg.

21.6%

0.1%

-8%

6.5%

19.2%

38.7%

Policy Benefits

14,563

15,695

15,580

15,731

15,542

16,772

Policy Acquisition / Underwriting Costs, Total

3,048

3,342

3,485

3,744

4,230

5,073

Depreciation & Amortization - (Collected)

25

27

28

40

38

38

Amortization of Goodwill and Intangible Assets

39

36

25

33

36

36

Selling General & Admin Expenses, Total

6,720

6,707

6,666

6,934

7,732

8,327

Salaries And Other Employee Benefits

573

631

635

727

786

786

Other Operating Expenses

4,892

3,646

3,397

3,537

5,210

3,421

Total Operating Expenses

29,860

30,084

29,816

30,746

33,574

34,453

Operating Income

9,678

9,483

6,569

8,006

12,632

23,167

Interest Expense, Total

-2,113

-2,151

-1,139

-423

-4,782

-9,097

Income (Loss) on Equity Invest.

-1

-4

-15

-25

3

Currency Exchange Gains (Loss)

-551

-123

55

-240

-240

564

Other Non Operating Income (Expenses)

-86

EBT, Excl. Unusual Items

7,013

7,205

5,485

7,328

7,585

14,551

Restructuring Charges

7

-85

-144

-72

-1

-1

Total Merger & Related Restructuring Charges

Impairment of Goodwill

-1,301

-2

-2

Gain (Loss) on Sale of Assets

51

11

-6

37

57

57

Asset Writedown

12

-15

47

184

-3

-109

Legal Settlements

3

-36

-23

-23

-31

-31

Other Unusual Items

EBT, Incl. Unusual Items

7,086

7,080

4,058

7,454

7,605

14,465

Income Tax Expense

1,718

1,895

1,528

2,020

2,346

3,551

Earnings From Continuing Operations

5,368

5,185

2,530

5,434

5,259

10,914

Minority Interest

-2,155

-1,890

-618

-2,098

-1,885

-5,954

Net Income

3,213

3,295

1,912

3,336

3,374

4,960

Net Income to Common Incl Extra Items

3,213

3,295

1,912

3,336

3,374

4,960

Net Income to Common Excl. Extra Items

3,213

3,295

1,912

3,336

3,374

4,960

Total Shares Outstanding

863.2

863.3

863.3

863.4

863.4

863.4

Weighted Avg. Shares Outstanding

863.3

863.3

863.3

863.3

863.4

863.4

Weighted Avg. Shares Outstanding Dil

863.3

863.3

863.3

863.3

863.4

863.4

EPS

3.7

3.8

2.2

3.9

3.9

5.7

EPS Diluted

3.7

3.8

2.2

3.9

3.9

5.7

EBITDA

10,433

10,096

7,153

8,563

13,153

23,696

Effective Tax Rate

24.2%

26.8%

37.7%

27.1%

30.8%

24.5%