Overview Financials News + Filings IR Vault Key Docs Charts Transactions Holdings Ownership Insiders
|
|
CINCINNATI FINANCIAL CORP (CINF)
|
|
| Balance Sheet |
|
|
|
| Standardized | As Reported |
Annual | Quarterly |
|
| In millions, except per share items | Jun-30-23 | Dec-31-22 | Jun-30-22 | Mar-31-22 | Dec-31-21 | Sep-30-21 | Jun-30-21 | Dec-31-20 |
| | 10-Q | 10-K | 10-Q | 10-Q | 10-K | 10-Q | 10-Q | 10-K |
| Assets | | | | | | | | |
| Investments | | | | | | | | |
| Fixed maturities, at fair value (amortized cost: 2023—$13,708; 2022—$12,979) | 12,870.0 | 12,132.0 | 11,933.0 | 12,376.0 | 13,022.0 | 12,908.0 | 12,789.0 | 12,338.0 |
| Equity securities, at fair value (cost: 2023—$4,382; 2022—$4,294) | 10,502.0 | | | | | | | |
| Other invested assets | 507.0 | 452.0 | 391.0 | 348.0 | 329.0 | 418.0 | 375.0 | 348.0 |
| Total investments | 23,879.0 | 22,425.0 | 21,834.0 | 23,399.0 | 24,666.0 | 23,213.0 | 23,061.0 | 21,542.0 |
| Cash and cash equivalents | 748.0 | | 1,098.0 | 987.0 | 1,139.0 | 1,085.0 | 1,003.0 | 900.0 |
| Investment income receivable | 163.0 | 160.0 | 141.0 | 147.0 | 144.0 | 142.0 | 138.0 | 136.0 |
| Finance receivable | 98.0 | 92.0 | 87.0 | 92.0 | 98.0 | 98.0 | 100.0 | 95.0 |
| Premiums receivable | 2,749.0 | 2,322.0 | 2,484.0 | 2,248.0 | 2,053.0 | 2,106.0 | 2,217.0 | 1,879.0 |
| Reinsurance recoverable | 694.0 | 640.0 | 531.0 | 556.0 | 570.0 | 548.0 | 504.0 | 517.0 |
| Prepaid reinsurance premiums | 95.0 | 79.0 | 113.0 | 79.0 | 78.0 | 87.0 | 105.0 | 65.0 |
| Deferred policy acquisition costs | 1,109.0 | 1,014.0 | 1,045.0 | 979.0 | 905.0 | 915.0 | 924.0 | 805.0 |
| Land, building and equipment, net, for company use | 198.0 | 202.0 | 201.0 | 203.0 | 205.0 | 209.0 | 213.0 | 213.0 |
| Other assets | 708.0 | 646.0 | 798.0 | 657.0 | 570.0 | 548.0 | 460.0 | 438.0 |
| Separate accounts | 911.0 | 892.0 | 860.0 | 903.0 | 959.0 | 956.0 | 952.0 | 952.0 |
| Total assets | 31,352.0 | 29,736.0 | 29,192.0 | 30,250.0 | 31,387.0 | 29,907.0 | 29,677.0 | 27,542.0 |
| |
| Liabilities | | | | | | | | |
| Insurance reserves | | | | | | | | |
| Loss and loss expense reserves | 8,873.0 | 8,400.0 | 7,669.0 | 7,366.0 | 7,305.0 | 7,292.0 | 7,019.0 | 6,746.0 |
| Life policy and investment contract reserves | 3,038.0 | 3,059.0 | 3,041.0 | 3,027.0 | 3,014.0 | 2,999.0 | 2,980.0 | 2,915.0 |
| Unearned premiums | 4,222.0 | 3,689.0 | 3,867.0 | 3,560.0 | 3,271.0 | 3,342.0 | 3,417.0 | 2,960.0 |
| Other liabilities | 1,253.0 | 1,229.0 | 1,248.0 | 952.0 | 1,092.0 | 1,120.0 | 1,049.0 | 982.0 |
| |
| Deferred income tax | | | | | | | | |
| Note payable | 25.0 | 50.0 | 44.0 | 49.0 | 54.0 | 59.0 | 59.0 | 54.0 |
| Long-term debt and lease obligations | 842.0 | 841.0 | 841.0 | 841.0 | 843.0 | 845.0 | 848.0 | 845.0 |
| Separate accounts | 911.0 | 892.0 | 860.0 | 903.0 | 959.0 | 956.0 | 952.0 | 952.0 |
| Total liabilities | 20,322.0 | 19,205.0 | 18,639.0 | 18,158.0 | 18,282.0 | 18,066.0 | 17,819.0 | 16,753.0 |
| |
| Commitments and contingent liabilities (Note 12) | | | | | | | | |
| Shareholders' Equity | | | | | | | | |
| Common stock | 397.0 | 397.0 | 397.0 | 397.0 | 397.0 | 397.0 | 397.0 | 397.0 |
| Paid-in capital | 1,410.0 | 1,392.0 | 1,367.0 | 1,354.0 | 1,356.0 | 1,344.0 | 1,334.0 | 1,328.0 |
| Retained earnings | 12,235.0 | 11,702.0 | 11,324.0 | 12,241.0 | 12,625.0 | 11,257.0 | 11,205.0 | 10,085.0 |
| Accumulated other comprehensive income | -626.0 | -636.0 | -423.0 | 59.0 | 648.0 | 663.0 | 731.0 | 769.0 |
| Treasury stock at cost (2023—41.5 million shares and 2022—41.2 million shares) | -2,386.0 | -2,324.0 | -2,112.0 | -1,959.0 | -1,921.0 | -1,820.0 | -1,809.0 | -1,790.0 |
| Total shareholders' equity | 11,030.0 | 10,531.0 | 10,553.0 | 12,092.0 | 13,105.0 | 11,841.0 | 11,858.0 | 10,789.0 |
| Total liabilities and shareholders' equity | 31,352.0 | 29,736.0 | 29,192.0 | 30,250.0 | 31,387.0 | 29,907.0 | 29,677.0 | 27,542.0 |
|