CINCINNATI FINANCIAL CORPORATION CINF Balance Sheet

Cincinnati financial corporation (CINF)

Balance Sheet / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Dec'09
Assets
Investments [Abstract]
Fixed maturities, at fair value (amortized cost: 2020—$11,074; 2019—$11,108)
11,340	11,698	11,600	11,320	11,022	10,689	10,660	10,636	10,528	10,699	10,540	10,502	10,301	10,085	10,257	10,138	9,884	9,650	9,756	9,675	9,596	9,460	9,522	9,383	9,180	9,121	9,038	8,992	9,169	9,093	9,116	9,025	8,956	8,779	8,854	8,717	8,536	8,383	8,466	8,339	7,855
Available-for-sale Securities, Equity Securities
6,225	7,752	7,176	7,012	6,571	5,920	6,663	6,200	6,086	6,249	6,025	5,799	5,676	5,334	5,304	5,242	4,941	4,706	4,526	4,734	4,789	4,858	4,666	4,605	4,426	4,375	3,984	3,875	3,801	3,373	3,349	3,139	3,131	2,956	2,609	2,971	3,100	3,041	2,757	2,611	2,701
Short-term investments, at fair value (amortized cost: 2015$75; 2014$0)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	75	75	25	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	6
Other invested assets
311	296	283	271	271	123	110	108	107	103	99	93	90	81	81	79	64	67	69	67	66	68	67	72	72	68	68	66	67	68	68	67	66	66	66	69	68	84	82	82	81
Total investments
17,876	19,746	19,059	18,603	17,864	16,732	17,433	16,944	16,721	17,051	16,664	16,394	16,067	15,500	15,642	15,459	14,889	14,423	14,426	14,551	14,476	14,386	14,255	14,060	13,678	13,564	13,090	12,933	13,037	12,534	12,533	12,231	12,153	11,801	11,529	11,757	11,704	11,508	11,305	11,032	10,643
Cash and cash equivalents
486	767	787	803	802	784	616	521	604	657	674	606	543	777	700	547	613	544	419	487	640	591	412	462	521	433	511	382	380	487	416	263	424	438	308	313	379	385	445	325	557
Investment income receivable
124	133	125	130	128	132	129	130	124	134	128	130	123	134	121	126	121	129	119	122	123	123	119	116	116	121	115	116	117	115	116	118	116	119	117	120	117	119	114	120	118
Finance receivable
76	77	78	76	72	71	69	66	61	61	56	54	50	51	53	58	60	62	65	68	70	75	77	80	83	85	79	79	76	75	76	78	76	76	75	75	76	73	71	72	75
Premiums receivable
1,900	1,777	1,839	1,913	1,785	1,644	1,709	1,733	1,626	1,589	1,640	1,651	1,588	1,533	1,518	1,529	1,468	1,431	1,494	1,509	1,433	1,405	1,447	1,462	1,396	1,346	1,393	1,350	1,291	1,214	1,247	1,210	1,126	1,087	1,107	1,106	1,062	1,015	1,035	1,055	995
Reinsurance Recoverable
567	610	524	515	527	484	424	420	423	432	522	532	544	545	552	557	532	542	552	535	539	545	549	526	546	547	584	582	620	615	589	575	602	622	714	753	573	572	554	543	675
Prepaid reinsurance premiums
57	54	60	70	50	44	44	39	39	42	44	48	52	62	68	73	50	54	29	28	29	29	28	26	27	26	26	26	26	26	26	24	24	24	15	15	16	18	17	16	15
Deferred policy acquisition costs
827	774	783	786	751	738	743	728	691	670	676	678	660	637	627	624	618	616	609	600	571	578	590	571	564	565	576	546	491	470	491	484	483	477	512	511	503	488	469	485	481
Land, building and equipment, net, for company use (accumulated depreciation: 2020—$281; 2019—$276)
208	207	207	207	202	195	191	188	186	185	186	184	181	183	184	186	188	185	188	187	189	194	198	203	207	210	211	213	216	217	223	229	235	227	228	234	243	229	236	243	251
Other assets
388	381	402	375	340	308	327	199	192	216	204	171	170	198	200	195	135	154	77	59	63	70	69	98	79	73	54	94	57	61	47	179	97	93	142	161	66	67	176	90	45
Separate accounts
858	882	878	859	831	803	795	792	803	806	798	790	775	766	790	797	773	748	773	742	764	752	730	731	725	692	700	713	726	734	715	698	686	671	665	657	630	621	648	626	585
Total assets
23,367	25,408	24,742	24,337	23,352	21,935	22,480	21,760	21,470	21,843	21,592	21,238	20,753	20,386	20,455	20,151	19,447	18,888	18,751	18,888	18,897	18,748	18,474	18,335	17,942	17,662	17,339	17,034	17,037	16,548	16,479	16,089	16,022	15,635	15,412	15,702	15,369	15,095	15,070	14,607	14,440
Liabilities
Insurance reserves
Loss and loss expense reserves
6,206	6,147	6,056	6,009	5,944	5,707	5,578	5,468	5,345	5,273	5,350	5,281	5,177	5,085	4,991	4,970	4,804	4,718	4,700	4,691	4,623	4,485	4,435	4,444	4,375	4,311	4,307	4,284	4,240	4,230	4,344	4,396	4,347	4,339	4,521	4,535	4,239	4,200	4,225	4,184	4,142
Liability for Future Policy Benefits, Life
2,861	2,835	2,816	2,798	2,784	2,779	2,770	2,760	2,740	2,729	2,716	2,702	2,689	2,671	2,641	2,624	2,601	2,583	2,564	2,543	2,514	2,497	2,484	2,454	2,435	2,390	2,373	2,345	2,310	2,295	2,285	2,256	2,240	2,214	2,179	2,148	2,106	2,034	1,968	1,926	1,783
Unearned premiums
2,922	2,788	2,859	2,896	2,717	2,516	2,591	2,578	2,459	2,404	2,475	2,461	2,377	2,307	2,388	2,349	2,248	2,201	2,215	2,191	2,109	2,082	2,128	2,110	2,035	1,976	2,026	1,947	1,875	1,792	1,818	1,762	1,680	1,633	1,657	1,630	1,586	1,553	1,573	1,572	1,509
Other liabilities
858	928	905	828	752	804	755	707	672	792	800	767	691	786	798	743	675	717	692	635	581	648	666	563	545	611	639	597	578	660	573	539	537	517	519	512	555	539	560	578	670
Deferred income tax
660	1,079	972	932	817	627	797	650	652	745	1,087	1,021	946	865	879	844	751	638	596	717	824	840	777	810	721	673	542	512	588	453	453	359	388	303	191	324	296	260	247	-145	152
Note payable
114	39	38	37	32	32	30	61	24	24	17	17	17	20	20	28	35	35	35	49	49	49	49	49	104	104	104	104	104	104	104	104	104	104	104	49	49	49	49	49	49
Long-term debt and lease obligations
846	846	847	847	845	834	830	828	829	827	826	826	825	826	827	825	825	821	826	823	825	822	829	831	834	835	832	833	831	827	828	831	833	821	790	790	790	807	790	790	790
Separate accounts
858	882	878	859	831	803	795	792	803	806	798	790	775	766	790	797	773	748	773	742	764	752	730	731	725	692	700	713	726	734	715	698	686	671	665	657	630	621	648	626	585
Total liabilities
15,325	15,544	15,371	15,206	14,722	14,102	14,146	13,844	13,524	13,600	14,069	13,865	13,497	13,326	13,334	13,180	12,712	12,461	12,401	12,391	12,289	12,175	12,098	11,992	11,774	11,592	11,523	11,335	11,252	11,095	11,120	10,945	10,815	10,602	10,626	10,645	10,251	10,063	10,060	9,870	9,680
Commitments and contingent liabilities (Note 12)
-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-
Shareholders' Equity
Common stock, par value—$2 per share; (authorized: 2020 and 2019—500 million shares; issued: 2020 and 2019—198.3 million shares)
397	397	397	397	397	397	397	397	397	397	397	397	397	397	397	397	397	397	397	397	397	397	397	397	397	397	396	396	395	394	394	393	393	393	393	393	393	393	393	393	393
Paid-in capital
1,300	1,306	1,295	1,286	1,277	1,281	1,273	1,266	1,258	1,265	1,256	1,249	1,243	1,252	1,244	1,237	1,230	1,232	1,223	1,216	1,210	1,214	1,205	1,198	1,191	1,191	1,177	1,162	1,146	1,134	1,119	1,106	1,100	1,096	1,098	1,094	1,090	1,091	1,087	1,084	1,081
Retained earnings
7,932	9,257	8,722	8,566	8,229	7,625	8,164	7,696	7,565	5,180	5,193	5,174	5,156	5,037	5,016	4,915	4,871	4,762	4,756	4,658	4,557	4,505	4,409	4,299	4,287	4,268	4,214	4,152	4,109	4,021	3,896	3,851	3,884	3,863	3,816	3,862	3,977	3,980	3,919	3,828	3,862
Accumulated Other Comprehensive Income (Loss), Net of Tax
204	448	442	364	210	22	-4	55	115	2,788	2,047	1,925	1,780	1,693	1,752	1,714	1,531	1,344	1,280	1,514	1,716	1,744	1,658	1,732	1,578	1,504	1,267	1,221	1,362	1,129	1,171	1,010	1,047	901	703	903	855	769	814	636	624
Treasury stock at cost (2020—37.5 million shares and 2019—35.4 million shares)
1,791	1,544	1,485	1,482	1,483	1,492	1,496	1,498	1,389	1,387	1,370	1,372	1,320	1,319	1,288	1,292	1,294	1,308	1,306	1,288	1,272	1,287	1,293	1,283	1,285	1,290	1,238	1,232	1,227	1,225	1,221	1,216	1,217	1,220	1,224	1,195	1,197	1,201	1,203	1,204	1,200
Stockholders' Equity Attributable to Parent
8,042	9,864	9,371	9,131	8,630	7,833	8,334	7,916	7,946	8,243	7,523	7,373	7,256	7,060	7,121	6,971	6,735	6,427	6,350	6,497	6,608	6,573	6,376	6,343	6,168	6,070	5,816	5,699	5,785	5,453	5,359	5,144	5,207	5,033	4,786	5,057	5,118	5,032	5,010	4,737	4,760
Total liabilities and shareholders' equity
23,367	25,408	24,742	24,337	23,352	21,935	22,480	21,760	21,470	21,843	21,592	21,238	20,753	20,386	20,455	20,151	19,447	18,888	18,751	18,888	18,897	18,748	18,474	18,335	17,942	17,662	17,339	17,034	17,037	16,548	16,479	16,089	16,022	15,635	15,412	15,702	15,369	15,095	15,070	14,607	14,440