The Travelers Companies, Inc. (TRV) financial statements (2021 and earlier)
Company profile
| Business Address |
385 WASHINGTON ST SAINT PAUL, MN 55102 |
| State of Incorp. | MN |
| 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 investments | 5,862 | 4,726 | 5,239 | 5,172 | 5,051 | 4,738 | 4,176 | ||
| Cash and cash equivalents | 494 | 373 | 344 | 307 | 380 | 374 | 294 | ||
| Short-term investments | 5,368 | 4,353 | 4,895 | 4,865 | 4,671 | 4,364 | 3,882 | ||
| Receivables | 12 | 65 | |||||||
| Total current assets: | 5,862 | 4,738 | 5,304 | 5,172 | 5,051 | 4,738 | 4,176 | ||
| Noncurrent Assets | |||||||||
| Intangible assets, net (including goodwill) | 4,291 | 4,282 | 4,293 | 3,848 | 3,852 | 3,915 | 3,985 | ||
| Goodwill | 3,961 | 3,937 | 3,951 | 3,580 | 3,573 | 3,611 | 3,634 | ||
| Intangible assets, net (excluding goodwill) | 330 | 345 | 342 | 268 | 279 | 304 | 351 | ||
| Regulated entity, other noncurrent assets | 71 | 66 | 62 | 66 | |||||
| Total noncurrent assets: | 4,291 | 4,282 | 4,293 | 3,919 | 3,918 | 3,977 | 4,051 | ||
| Other undisclosed assets | 99,969 | 95,213 | 93,886 | 91,154 | 91,215 | 94,363 | 95,585 | ||
| TOTAL ASSETS: | 110,122 | 104,233 | 103,483 | 100,245 | 100,184 | 103,078 | 103,812 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 126 | 72 | 50 | 139 | 85 | ||||
| Taxes payable | 126 | 72 | 50 | 139 | 85 | ||||
| Debt | 600 | 600 | 600 | 550 | 500 | 500 | 100 | ||
| Securities loaned | 404 | 367 | 304 | 286 | 269 | 296 | 131 | ||
| Total current liabilities: | 1,130 | 967 | 904 | 908 | 819 | 935 | 316 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 5,861 | 6,261 | |||||||
| Long-term debt, excluding current maturities | 5,861 | 6,261 | |||||||
| Liabilities, other than long-term debt | 137 | ||||||||
| Deferred income tax liabilities | 137 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Total noncurrent liabilities: | 137 | 5,861 | 6,261 | ||||||
| Other undisclosed liabilities | 82,912 | 80,372 | 78,848 | 76,116 | 75,767 | 71,446 | 72,439 | ||
| Total liabilities: | 84,179 | 81,339 | 79,752 | 77,024 | 76,586 | 78,242 | 79,016 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 25,943 | 22,894 | 23,731 | 23,221 | 23,598 | 2,993 | 3,296 | ||
| Treasury stock, value | (35,143) | (33,595) | (32,274) | (30,834) | (28,362) | (25,138) | (21,805) | ||
| Accumulated other comprehensive income (loss) | 640 | (1,859) | (343) | (755) | (157) | 880 | 810 | ||
| Retained earnings | 36,977 | 35,204 | 33,462 | 32,196 | 29,945 | 27,251 | 24,291 | ||
| Other undisclosed stockholders' equity attributable to parent | 23,469 | 23,144 | 22,886 | 22,614 | 22,172 | ||||
| Other undisclosed stockholders' equity | 21,843 | 21,500 | |||||||
| Total stockholders' equity: | 25,943 | 22,894 | 23,731 | 23,221 | 23,598 | 24,836 | 24,796 | ||
| TOTAL LIABILITIES AND EQUITY: | 110,122 | 104,233 | 103,483 | 100,245 | 100,184 | 103,078 | 103,812 | ||
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 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 31,581 | 30,282 | 28,902 | 27,625 | 26,800 | 27,162 | 26,191 | |
| Premiums earned, net | 28,272 | 27,059 | ✕ | ✕ | ✕ | ✕ | ✕ | |
| Financial services revenue | ✕ | ✕ | 26,130 | 24,992 | 24,319 | 24,151 | 22,637 | |
| Cost of revenue | (23,734) | (22,672) | (21,633) | (19,055) | (17,608) | (17,752) | (13,307) | |
| Policyholder benefits and claims incurred, net | (19,133) | (18,291) | ✕ | ✕ | ✕ | ✕ | ✕ | |
| Deferred policy acquisition costs, amortization expense | (4,601) | (4,381) | (4,166) | (3,985) | (3,885) | (3,882) | 3,821 | |
| Financial services costs | ✕ | ✕ | (17,467) | (15,070) | (13,723) | (13,870) | (13,307) | |
| Gross profit: | 7,847 | 7,610 | 7,269 | 8,570 | 9,192 | 9,410 | 12,884 | |
| Operating expenses | (4,365) | (4,297) | (4,170) | (4,154) | (4,079) | (4,912) | (4,718) | |
| Other undisclosed operating loss | (857) | (4,599) | ||||||
| Operating income: | 3,482 | 3,313 | 3,099 | 4,416 | 5,113 | 3,641 | 3,567 | |
| Nonoperating expense (Investment Income, Nonoperating) | (65) | (52) | ||||||
| Interest and debt expense | (344) | (352) | (369) | (363) | (373) | (369) | (361) | |
| Income from continuing operations before equity method investments, income taxes: | 3,138 | 2,961 | 2,730 | 4,053 | 4,740 | 3,207 | 3,154 | |
| Income from equity method investments | 486 | 357 | ||||||
| Other undisclosed income from continuing operations before income taxes | 1,396 | 1,434 | ||||||
| Income from continuing operations before income taxes: | 3,138 | 2,961 | 2,730 | 4,053 | 4,740 | 5,089 | 4,945 | |
| Income tax expense | (516) | (438) | (674) | (1,039) | (1,301) | (1,397) | (1,272) | |
| Net income attributable to parent: | 2,622 | 2,523 | 2,056 | 3,014 | 3,439 | 3,692 | 3,673 | |
| Undistributed earnings (loss) allocated to participating securities, basic | (19) | (19) | (15) | ✕ | ✕ | ✕ | ✕ | |
| Other undisclosed net loss available to common stockholders, basic | (22) | (25) | (27) | (27) | ||||
| Net income available to common stockholders, diluted: | 2,603 | 2,504 | 2,041 | 2,992 | 3,414 | 3,665 | 3,646 | |
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: | 2,622 | 2,523 | 2,056 | 3,014 | 3,439 | 3,692 | 3,673 | |
| Other comprehensive income (loss) | 70 | (1,426) | ||||||
| Comprehensive income: | 2,622 | 2,523 | 2,056 | 3,014 | 3,439 | 3,762 | 2,247 | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 2,499 | (1,470) | 412 | (598) | (1,037) | |||
| Comprehensive income, net of tax, attributable to parent: | 5,121 | 1,053 | 2,468 | 2,416 | 2,402 | 3,762 | 2,247 | |
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.