CNA Financial Corporation (CNA) financial statements (2020 and earlier)

Company profile

Business Address CNA
CHICAGO, IL 60606
State of Incorp. DE
Fiscal Year End December 31
SIC 6331 - Fire, Marine, and Casualty Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,1031,8341,7901,6971,5961,6001,596
Cash and cash equivalents242340271223310310288
Short-term investments1,8611,4941,5191,4741,2861,2901,308
Total current assets:2,1031,8341,7901,6971,5961,6001,596
Noncurrent Assets
Operating lease, right-of-use asset220223223 
Property, plant and equipment282293302314324332347
Intangible assets, net (including goodwill)216145146147214147147
Goodwill147145146147146147147
Intangible assets, net (excluding goodwill)69   68  
Deferred income tax assets199190106 
Total noncurrent assets:917851777461538479494
Other undisclosed assets57,59257,76557,39656,31955,01855,18055,768
TOTAL ASSETS:60,61260,45059,96358,47757,15257,25957,858
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt      30
Total current liabilities:      30
Noncurrent Liabilities
Long-term debt and lease obligation2,6792,6782,6782,6812,6802,6802,679
Long-term debt, excluding current maturities2,6792,6782,6782,6812,6802,6802,679
Total noncurrent liabilities:2,6792,6782,6782,6812,6802,6802,679
Other undisclosed liabilities45,71845,64945,19844,34143,25543,06943,734
Total liabilities:48,39748,32747,87647,02245,93545,74946,443
Stockholders' equity
Stockholders' equity attributable to parent12,21512,12312,08711,45511,21711,51011,415
Common stock683683683683683683683
Treasury stock, value(70)(67)(65)(64)(57)(58)(58)
Additional paid in capital2,2032,1972,1902,1842,1922,1862,179
Accumulated other comprehensive income (loss)51139120(324)(878)(757)(605)
Retained earnings9,3489,1719,1598,9769,2779,4569,216
Total stockholders' equity:12,21512,12312,08711,45511,21711,51011,415
TOTAL LIABILITIES AND EQUITY:60,61260,45059,96358,47757,15257,25957,858

Income statement (P&L) ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Revenues2,7772,6852,6102,6952,4032,6222,574
Premiums earned, net1,9111,8901,8241,8031,8591,8531,815
Cost of revenue(1,841)(1,959)(1,690)(1,699)(1,937)(1,649)(1,686)
Policyholder benefits and claims incurred, net(1,479)(1,607)(1,346)(1,351)(1,587)(1,306)(1,321)
Deferred policy acquisition costs, amortization expense(358)(345)(338)(342)(343)(337)(359)
Gross profit:936726920996466973888
Operating expenses(289)(289)(281)(283)(299)(302)(298)
Other operating expense, net
(Other Expenses)
(48)(64)(57)(66)(73)(70)(97)
Operating income:59937358264794601493
Interest and debt expense(31)(32)(34)(34)(34)(34)(35)
Income from continuing operations before equity method investments, income taxes:56834154861360567458
Other undisclosed loss from continuing operations before income taxes(233)(214)(206)(194)(174)(165)(128)
Income (loss) from continuing operations before income taxes:335127342419(114)402330
Income tax expense (benefit)(62)(20)(64)(77)30(66)(60)
Net income (loss) available to common stockholders, diluted:273107278342(84)336270

Comprehensive Income ($ in millions)

12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
3/31/2019
Q1
12/31/2018
Q4
9/30/2018
Q3
6/30/2018
Q2
Net income (loss):273107278342(84)336270
Other comprehensive income (loss)(88)19444554(121)(152)(205)
Comprehensive income (loss), net of tax, attributable to parent:185126722896(205)18465

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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