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)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments767784657777544591433
Cash and cash equivalents767784657777544591433
Total current assets:767784657777544591433
Noncurrent Assets
Property, plant and equipment207195185183185194210
Defined benefit plan, assets for plan benefits   4
Total noncurrent assets:207195185183185194214
Other undisclosed assets24,43420,95621,00119,42618,15917,96817,015
TOTAL ASSETS:25,40821,93521,84320,38618,88818,75317,662
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Long-term debt and lease obligation, including:846834827826821827835
Other undisclosed long-term debt and lease obligation846834827826821827835
Total noncurrent liabilities:846834827826821827835
Other undisclosed liabilities14,69813,26812,77312,50011,64011,35310,757
Total liabilities:15,54414,10213,60013,32612,46112,18011,592
Stockholders' equity
Stockholders' equity attributable to parent9,8647,8338,2437,0606,4276,5736,070
Common stock397397397397397397397
Treasury stock, value(1,544)(1,492)(1,387)(1,319)(1,308)(1,287)(1,290)
Additional paid in capital1,3061,2811,2651,2521,2321,2141,191
Accumulated other comprehensive income448222,7881,6931,3441,7441,504
Retained earnings9,2577,6255,1805,0374,7624,5054,268
Total stockholders' equity:9,8647,8338,2437,0606,4276,5736,070
TOTAL LIABILITIES AND EQUITY:25,40821,93521,84320,38618,88818,75317,662

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues7,9245,4075,7325,4495,1424,9454,531
Premiums earned, net5,604 
Realized investment gains (losses)1,650(402)1481247013383
Financial services revenue5,1854,9704,7254,4934,2553,910
Cost of revenue(3,638)(3,490)(3,390)(3,107)(2,808)(2,856)(2,505)
Policyholder benefits and claims incurred, net(3,638) 
Financial services costs(3,490)(3,390)(3,107)(2,808)(2,856)(2,505)
Gross profit:4,2861,9172,3422,3422,3342,0892,026
Operating expenses(23)(16)(13)(12)(13)(14)(15)
Operating income:4,2631,9012,3292,3302,3212,0752,011
Nonoperating income
(Investment Income, Nonoperating)
     547526
Interest and debt expense(53)(53)(53)(53)(53)(53)(54)
Other undisclosed loss from continuing operations before equity method investments, income taxes(1,738)(1,597)(1,546)(1,465)(1,387)(1,848)(1,769)
Income from continuing operations before income taxes:2,472251730812881721714
Income tax expense (benefit)(475)36315(221)(247)(196)(197)
Net income available to common stockholders, diluted:1,9972871,045591634525517

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:1,9972871,045591634525517
Other comprehensive income (loss)426(263)603349(400)240375
Comprehensive income:2,423241,648940234765892
Comprehensive loss, net of tax, attributable to noncontrolling interest(421)      
Other undisclosed comprehensive income, net of tax, attributable to parent421      
Comprehensive income, net of tax, attributable to parent:2,423241,648940234765892

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: