|
Three Months Ended
March 31, |
| |
1998 |
1997 |
 |
| Net Earnings |
$ 266.6 |
$ 136.0 |
| Investment gains, net of DAC and other charges |
(52.2) |
(10.6) |
| Restructuring Charges |
--- |
3.4 |
Reserve (release) strengthening - discontinued
operations |
(.5) |
3.3 |
 |
| After-tax Operating Earnings |
$ 213.9 |
$ 132.1 |
|
| Contributions to After-tax Operating Earnings: |
|
|
| Insurance Operations |
$ 122.4 |
$ 77.0 |
| DLJ |
91.5 |
58.1 |
| Alliance Capital |
14.2 |
14.3 |
| Other |
(14.2) |
(17.3) |
| |
| After-tax Operating Earnings Per Common Share*: |
|
|
| Basic |
$ .96 |
$ .67 |
| Diluted |
$ .92 |
$ .61 |
| |
Weighted Average Number of Common
Shares Outstanding: |
|
|
| Basic |
222.4 |
186.3 |
| Diluted |
224.8 |
220.2 |
|
| Book Value: |
|
|
| Per Common Share |
$ 24.99 |
$ 18.49 |
Per Common Share, excluding net unrealized
investment gains and losses associated with
FASB No. 115
 |
$ 22.52
|
$ 18.81
|
|
| * Computed in accordance with SFAS No. 128;
prior period amounts have been restated. |
