Cincinnati Financial Corporation (CINF) financial statements (2022 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)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,139900767784657777544
Cash and cash equivalents1,139900767784657777544
Total current assets:1,139900767784657777544
Noncurrent Assets
Property, plant and equipment205213207195185183185
Total noncurrent assets:205213207195185183185
Other undisclosed assets30,04326,42924,43420,95621,00119,42618,159
TOTAL ASSETS:31,38727,54225,40821,93521,84320,38618,888
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Long-term debt and lease obligation, including:843845846834827826821
Other undisclosed long-term debt and lease obligation843845846834827826821
Liabilities, other than long-term debt1,7441,299     
Deferred income tax liabilities1,7441,299 
Total noncurrent liabilities:2,5872,144846834827826821
Other undisclosed liabilities15,69514,60914,69813,26812,77312,50011,640
Total liabilities:18,28216,75315,54414,10213,60013,32612,461
Stockholders' equity
Stockholders' equity attributable to parent13,10510,7899,8647,8338,2437,0606,427
Common stock397397397397397397397
Treasury stock, value(1,921)(1,790)(1,544)(1,492)(1,387)(1,319)(1,308)
Additional paid in capital1,3561,3281,3061,2811,2651,2521,232
Accumulated other comprehensive income648769448222,7881,6931,344
Retained earnings12,62510,0859,2577,6255,1805,0374,762
Total stockholders' equity:13,10510,7899,8647,8338,2437,0606,427
TOTAL LIABILITIES AND EQUITY:31,38727,54225,40821,93521,84320,38618,888

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues9,6307,5367,9245,4075,7325,4495,142
Premiums earned, net6,4825,9805,604 
Realized investment gains (losses)2,4098651,650(402)14812470
Financial services revenue5,1854,9704,7254,493
Cost of revenue(3,936)(4,134)(3,638)(3,490)(3,390)(3,107)(2,808)
Policyholder benefits and claims incurred, net(3,936)(4,134)(3,638) 
Financial services costs(3,490)(3,390)(3,107)(2,808)
Gross profit:5,6943,4024,2861,9172,3422,3422,334
Operating expenses(20)(20)(23)(16)(13)(12)(13)
Operating income:5,6743,3824,2631,9012,3292,3302,321
Interest and debt expense(53)(54)(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)
Income from continuing operations before equity method investments, income taxes:5,6211,4992,472251730812881
Other undisclosed loss from continuing operations before income taxes(1,951)      
Income from continuing operations before income taxes:3,6701,4992,472251730812881
Income tax expense (benefit)(724)(283)(475)36315(221)(247)
Net income available to common stockholders, diluted:2,9461,2161,9972871,045591634

Comprehensive Income ($ in millions)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income:2,9461,2161,9972871,045591634
Other comprehensive income (loss)(121)321426(263)603349(400)
Comprehensive income:2,8251,5372,423241,648940234
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:2,8251,5372,423241,648940234

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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