Cna financial corporation (CNA)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Sep'10Jun'10
Revenues [Abstract]
Net earned premiums

1,869

1,911

1,890

1,824

1,803

1,859

1,853

1,815

1,785

1,803

1,806

1,734

1,645

1,728

1,767

1,730

1,699

1,748

1,751

1,735

1,687

1,785

1,810

1,811

1,806

1,882

1,825

1,800

1,764

1,783

1,781

1,668

1,649

1,661

1,732

1,595

1,615

1,645

1,608

Net investment income

329

545

487

515

571

334

487

506

490

505

509

475

545

527

524

502

435

428

354

500

558

511

480

550

526

602

555

534

591

391

601

470

648

523

394

517

620

581

521

Net investment gains (losses):
Other-than-temporary impairment losses

-

-

14

6

-

12

3

0

6

5

5

2

2

25

18

15

23

57

56

31

12

60

10

5

2

25

15

16

18

38

62

12

15

39

75

41

20

41

58

Other net investment gains (losses)

-

-

21

-12

-

-65

17

-1

18

36

-19

52

38

49

64

31

-13

29

7

31

22

48

47

-9

48

36

17

2

41

24

72

45

63

33

50

77

54

106

86

Investments and Derivatives, Realized Gain (Loss)

-216

9

7

-18

31

-77

14

-1

12

31

-24

50

36

24

46

16

-36

-28

-49

0

10

-12

37

-14

46

10

1

-14

23

-12

8

22

36

-3

-27

15

13

62

29

Non-insurance warranty revenue

301

303

292

285

281

263

258

248

238

100

99

98

93

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Portion of other-than-temporary impairments recognized in Other comprehensive income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

1

1

0

0

-2

2

11

12

-85

2

21

21

3

-1

Net other-than-temporary impairment losses recognized in earnings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10

5

2

26

16

16

18

36

64

23

27

36

77

62

41

44

57

Other revenues

8

9

9

4

9

24

10

6

10

9

8

9

11

-250

96

100

97

121

97

92

97

94

84

93

85

75

77

130

77

89

76

86

68

80

76

71

67

75

75

Total revenues

2,291

2,777

2,685

2,610

2,695

2,403

2,622

2,574

2,535

2,448

2,398

2,366

2,330

2,390

2,433

2,348

2,195

2,269

2,153

2,327

2,352

2,378

2,411

2,440

2,463

2,569

2,458

2,450

2,455

2,251

2,466

2,246

2,401

2,261

2,175

2,198

2,315

2,363

2,233

Claims, Benefits and Expenses
Insurance claims and policyholders’ benefits

1,425

1,483

1,614

1,352

1,357

1,594

1,312

1,327

1,339

1,257

1,480

1,280

1,293

1,334

1,202

1,339

1,408

1,376

1,200

1,469

1,339

1,350

1,354

1,441

1,446

1,547

1,378

1,485

1,396

1,565

1,435

1,348

1,381

1,358

1,400

1,367

1,364

1,344

1,147

Amortization of deferred acquisition costs

344

358

345

338

342

343

337

359

296

307

309

312

305

309

314

305

307

604

319

314

303

321

332

335

329

358

341

335

328

337

333

309

295

296

297

286

297

351

345

Non-insurance warranty expense

281

281

278

263

260

247

235

225

216

83

74

72

70

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other operating expenses

299

289

289

281

283

299

302

298

303

354

307

292

276

119

403

378

381

412

362

341

358

410

384

254

346

337

326

319

340

356

341

316

319

324

311

326

277

795

258

Interest

31

31

32

34

34

34

34

35

35

37

41

40

43

40

39

38

42

38

39

39

39

45

48

46

44

41

42

41

42

42

43

43

42

43

43

43

46

40

37

Total claims, benefits and expenses

2,380

2,442

2,558

2,268

2,276

2,517

2,220

2,244

2,189

2,038

2,211

1,996

1,987

2,073

1,958

2,060

2,138

2,430

1,920

2,163

2,039

2,126

2,118

2,076

2,165

2,283

2,087

2,180

2,106

2,300

2,152

2,016

2,037

2,021

2,051

2,022

1,984

2,530

1,787

(Loss) income before income tax

-89

335

127

342

419

-114

402

330

346

410

187

370

343

317

475

288

57

-161

233

164

313

252

293

364

298

286

371

270

349

-49

314

230

364

240

124

176

331

-167

446

Income tax benefit (expense)

-28

62

20

64

77

-30

66

60

55

187

43

98

83

76

132

79

-9

-91

55

26

80

54

84

103

78

73

100

80

108

-32

93

64

114

46

48

47

101

-64

145

Net income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

198

209

261

220

213

271

190

241

-

-

-

-

-

-

-

-

-118

282

Dividends on 2008 Senior Preferred

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18

25

Income (loss) from continuing operations attributable to CNA common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

75

124

221

-136

257

(Loss) income from discontinued operations, net of income tax benefit (expense)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

4

6

-207

8

1

4

9

-

-

-

-

-

0

0

-1

-22

1

Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

194

76

129

230

-103

301

Income (loss) from discontinued operations, net of income tax (expense) benefit of -,- and $0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-1

-22

1

Net income (loss)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

194

76

129

229

-125

302

Net (income) loss attributable to noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

1

5

9

15

19

Net Income (Loss) Attributable to Parent

-61

273

107

278

342

-84

336

270

291

223

144

272

260

241

343

209

66

-70

178

138

233

198

213

267

13

221

272

194

250

-9

221

166

250

193

75

124

220

-140

283

Basic earnings per share
Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.73

0.77

0.97

0.82

0.79

1.00

0.71

0.89

-

-

-

-

-

0.28

0.46

-

-

-

(Loss) income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.02

0.02

-0.77

0.03

0.01

0.01

0.04

-

-

-

-

-

0.00

0.00

-

-

-

Basic earnings per share (in usd per share)

-0.23

1.00

0.39

1.03

1.26

-0.31

1.24

0.99

1.07

0.82

0.53

1.01

0.96

0.89

1.27

0.77

0.25

-0.26

0.66

0.51

0.86

0.73

0.79

0.99

0.05

0.82

1.01

0.72

0.93

-

0.82

0.62

-

-

0.28

0.46

-

-

-

Diluted earnings per share
Income (loss) from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.73

0.77

0.97

0.81

0.79

1.00

0.71

0.89

-

-

-

-

-

0.28

0.46

-

-

-

(Loss) income from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.02

0.01

-0.76

0.02

0.01

0.01

0.04

-

-

-

-

-

0.00

0.00

-

-

-

Diluted earnings per share (in usd per share)

-0.23

1.01

0.39

1.02

1.25

-0.31

1.23

0.99

1.07

0.81

0.53

1.00

0.96

0.90

1.26

0.77

0.24

-0.26

0.66

0.51

0.86

0.73

0.79

0.98

0.05

0.81

1.01

0.72

0.93

-

0.82

0.62

-

-

0.28

0.46

-

-

-

Dividends declared per share (usd per share)

-

-

-

-

-

-

-

-

2.30

-

0.30

0.25

2.25

-

0.25

0.25

2.25

0.25

0.25

0.25

2.25

-

0.25

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income (loss) attributable to CNA common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

75

124

220

-158

258

Income (loss) from continuing operations attributable to CNA common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.82

-0.51

0.96

Income (loss) from discontinued operations attributable to CNA common stockholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-0.08

0.00

Basic and diluted earnings (loss) per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.93

-

-

-

0.82

-0.59

0.96

Dividends per share

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.25

1.25

-

0.20

0.20

0.20

0.15

0.15

0.15

0.15

0.10

0.10

0.10

0.10

-

-

Weighted Average Outstanding Common Stock and Common Stock Equivalents
Basic (loss) earnings per share (in shares)

271

271

271

271

271

271

271

271

271

271

271

271

270

270

270

270

270

270

270

270

270

539

269

269

0

269

269

269

269

269

269

269

269

269

269

269

269

269

269

Diluted (loss) earnings per share (in shares)

271

272

272

272

272

272

272

272

272

272

272

271

271

271

271

270

270

270

270

270

270

541

270

270

0

270

270

270

269

269

269

269

269

269

269

269

269

269

269