 |
|
Three Months Ended March 31, |
| |
1999 |
1998 |
 |
| Net Earnings |
$ 221.1 |
$ 266.6 |
| Investment losses (gains), net of DAC and other charges |
4.5 |
(52.2) |
| Discontinued operations, net of Federal income taxes |
(5.3) |
(.5) |
 |
| After-tax Operating Earnings |
$ 230.9 |
$ 213.9 |
 |
| Dilutive effect of subsidiary options |
(8.7) |
(7.8) |
 |
| Operating Earnings Applicable to Common Shares |
$ 222.2 |
$ 206.1 |
 |
| Segment Contributions to After-tax Operating Earnings: |
|
|
| Insurance |
128.1 |
108.7 |
| Investment Banking |
78.5 |
89.7 |
| Asset Management |
24.3 |
15.5 |
|
| After-tax Operating Earnings Per Common Share: |
|
|
| Basic |
$ 1.05 |
$ .96 |
| Diluted |
$ 1.00 |
$ .92 |
 |
Weighted Average Number of Common
Shares Outstanding: |
|
|
| Basic |
219.0 |
222.4 |
| Diluted |
221.8 |
224.8 |
 |
| Book Value at End of Period: |
|
|
| Per Common Share |
$ 25.86 |
$ 24.99 |
Per Common Share, excluding net
unrealized investment gains and losses associated with FASB No. 115
 |
$ 25.27
 |
$ 22.52
 |
 |