Cincinnati Financial Corporation (CINF) financial statements (2021 and earlier)

Company profile

Business Address 6200 S GILMORE RD
FAIRFIELD, OH 45014
State of Incorp. OH
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)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments900767784657777544591
Cash and cash equivalents900767784657777544591
Total current assets:900767784657777544591
Noncurrent Assets
Property, plant and equipment213207195185183185194
Total noncurrent assets:213207195185183185194
Other undisclosed assets26,42924,43420,95621,00119,42618,15917,968
TOTAL ASSETS:27,54225,40821,93521,84320,38618,88818,753
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Long-term debt and lease obligation, including:845846834827826821827
Other undisclosed long-term debt and lease obligation845846834827826821827
Liabilities, other than long-term debt1,299      
Deferred income tax liabilities1,299 
Total noncurrent liabilities:2,144846834827826821827
Other undisclosed liabilities14,60914,69813,26812,77312,50011,64011,353
Total liabilities:16,75315,54414,10213,60013,32612,46112,180
Stockholders' equity
Stockholders' equity attributable to parent10,7899,8647,8338,2437,0606,4276,573
Common stock397397397397397397397
Treasury stock, value(1,790)(1,544)(1,492)(1,387)(1,319)(1,308)(1,287)
Additional paid in capital1,3281,3061,2811,2651,2521,2321,214
Accumulated other comprehensive income769448222,7881,6931,3441,744
Retained earnings10,0859,2577,6255,1805,0374,7624,505
Total stockholders' equity:10,7899,8647,8338,2437,0606,4276,573
TOTAL LIABILITIES AND EQUITY:27,54225,40821,93521,84320,38618,88818,753

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

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues7,5367,9245,4075,7325,4495,1424,945
Premiums earned, net5,9805,604 
Realized investment gains (losses)8651,650(402)14812470133
Financial services revenue5,1854,9704,7254,4934,255
Cost of revenue(4,134)(3,638)(3,490)(3,390)(3,107)(2,808)(2,856)
Policyholder benefits and claims incurred, net(4,134)(3,638) 
Financial services costs(3,490)(3,390)(3,107)(2,808)(2,856)
Gross profit:3,4024,2861,9172,3422,3422,3342,089
Operating expenses(20)(23)(16)(13)(12)(13)(14)
Operating income:3,3824,2631,9012,3292,3302,3212,075
Nonoperating income
(Investment Income, Nonoperating)
      547
Interest and debt expense(54)(53)(53)(53)(53)(53)(53)
Other undisclosed loss from continuing operations before equity method investments, income taxes(1,829)(1,738)(1,597)(1,546)(1,465)(1,387)(1,848)
Income from continuing operations before income taxes:1,4992,472251730812881721
Income tax expense (benefit)(283)(475)36315(221)(247)(196)
Net income available to common stockholders, diluted:1,2161,9972871,045591634525

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:1,2161,9972871,045591634525
Other comprehensive income (loss)321426(263)603349(400)240
Comprehensive income:1,5372,423241,648940234765
Comprehensive loss, net of tax, attributable to noncontrolling interest (421)     
Other undisclosed comprehensive income, net of tax, attributable to parent 421     
Comprehensive income, net of tax, attributable to parent:1,5372,423241,648940234765

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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