Income StatementBalance SheetCash FlowSegments
The Travelers Companies logo

The Travelers Companies Balance Sheet Statement

Assets, liabilities, and shareholders' equity

The Travelers Companies holds $142.31B in total assets. Shareholders' equity is $32.0B against $9.3B in total debt. Cash and equivalents total $615.0M. Based on the Q1 2026 filing.

Total Assets$142.31BTotal Stockholders Equity$32.0BLong Term Debt$9.3BCash And Equivalents$615.0M
Latest FilingQ1 2026
Report Date2026-04-16
Market Cap$63.4B
P/E Ratio8.33
ROE25.27%

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Available-for-Sale Debt Securities - Single Maturity Date$71.1B———$76.6B—
AFS and Trading Securities - Unrealized Loss Position (>=12 Months)$41.7B$40.7B$39.4B$38.5B$37.5B$31.6B
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value$24.0B$18.7B$16.7B$9.2B$5.7B$26.1B
Assets held for sale————$4.6B—
Cash and cash equivalents$699.0M$724.0M$659.0M$729.0M$842.0M$615.0M
Disposal Group - Cash and Cash Equivalents————$171.0M—
Accrued investment income$752.0M$703.0M$785.0M$776.0M$877.0M$801.0M
Premiums receivable$11.1B$11.6B$12.0B$11.6B$11.0B$11.4B
Prepaid reinsurance premiums$1.2B$1.8B$1.7B$1.7B$1.3B$1.9B
Operating Lease Income - 2025 (Lessor)$118.0M———$124.0M—
Restricted cash$131.0M$138.0M$138.0M$137.0M$132.0M$134.0M
Short-term investments$4.8B$4.5B$4.7B$6.8B$5.7B$6.7B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accumulated other comprehensive income (loss)-$5.0B-$4.6B-$4.1B-$3.1B-$2.5B-$3.1B
Common stock$25.5B$25.6B$25.7B$25.8B$25.9B$26.1B
Retained earnings$49.6B$49.8B$51.0B$52.7B$54.9B$56.4B
Total liabilities and stockholders' equity$133.2B$136.0B$138.9B$143.7B$143.7B$142.3B
Total stockholders' equity$27.9B$28.2B$29.5B$31.6B$32.9B$32.0B
Treasury stock$42.3B$42.6B$43.2B$43.8B$45.4B$47.4B

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accrued Income Taxes, Current$301.0M———$309.0M—
Liability for Claims and Claims Adjustment Expense$64.1B$66.0B$66.9B$67.7B$65.7B$66.9B
Securities loaned$586.0M———$473.0M—
Unearned premiums$22.3B$22.7B$23.3B$23.6B$22.4B$22.8B
Liabilities held for sale————$2.5B—

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Deferred Tax Assets and Other Non-Current Assets$261.0M—————
Deferred Tax Assets - Investments$659.0M—————
Goodwill$4.2B$4.2B$4.3B$4.3B$4.1B$4.1B
Indefinite-Lived Intangible Assets$226.0M$226.0M$227.0M$226.0M—$225.0M
Deferred policy acquisition costs$3.5B$3.5B$3.7B$3.7B$3.5B$3.6B
Equity securities$687.0M$623.0M$651.0M$692.0M$618.0M$591.0M
Reinsurance recoverables$8.0B$8.1B$8.1B$8.3B$7.9B$8.0B
Contractholder receivables (net of allowance for expected credit losses of $14 and $16)$3.2B$3.2B$3.1B$3.1B$3.0B$3.1B
Deferred tax assets$1.8B$1.6B$1.6B$1.0B$887.0M$1.1B
Intangible assets &#8212; net$134.0M$130.0M$121.0M$116.0M—$106.0M
Other intangible assets&#8212;net$360.0M$356.0M$348.0M$342.0M$336.0M$331.0M
Investments$94.2B$95.7B$98.1B$103.7B$101.2B$103.0B
Other Assets$4.2B$4.4B$4.5B$4.5B$4.3B$4.5B
Net real estate investments$902.0M$897.0M$891.0M$888.0M$900.0M$899.0M
Operating Lease Income - 2026 (Lessor)$46.0M———$46.0M—
Operating Lease Income - Thereafter (Lessor)$87.0M———$69.0M—
Other Investments$4.2B$4.2B$4.2B$4.2B$4.1B$4.1B
Accumulated depreciation$581.0M———$620.0M—
Total assets$133.2B$136.0B$138.9B$143.7B$143.7B$142.3B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Long-term debt$8.0B$8.0B$8.0B$9.3B$9.3B$9.3B
Payables for reinsurance premiums$550.0M$1.1B$987.0M$946.0M$529.0M$1.1B
Contractholder payables$3.2B$3.2B$3.1B$3.1B$3.0B$3.1B
Other non-current liabilities$7.2B$6.8B$7.0B$7.4B$7.3B$7.2B
Total liabilities$105.3B$107.8B$109.4B$112.1B$110.8B$110.3B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Operating Lease Income - 2023 (Lessor)$93.0M———$92.0M—
Specified threshold of current case reserves for inclusion in in-depth asbestos claim review$100.0K———$100.0K—
Assets held by insurance regulators$4.0B———$4.0B—
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax$4.8B$4.5B$4.4B$3.4B$2.8B$3.5B
Gross Unrealized Gains$223.0M$376.0M$520.0M$883.0M$968.0M$524.0M
Total$88.3B$89.6B$91.4B$93.6B$91.7B$93.7B
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10$22.6B———$24.9B—
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10$20.9B———$24.4B—
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year One Through Five$23.6B———$21.1B—
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five$23.0B———$20.8B—
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year 10$21.7B———$26.7B—
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 10$19.9B———$25.5B—
Debt Securities, Available-for-Sale, Maturity, Allocated and Single Maturity Date, Amortized Cost$75.4B———$78.6B—
Debt Securities, Available-for-Sale, Maturity, without Single Maturity Date, Amortized Cost$12.9B———$13.1B—
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, Year One$7.4B———$5.9B—
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One$7.3B———$5.9B—
Available for sale investments$83.7B$85.4B$87.6B$91.1B$89.8B$90.7B
Unrealized investment losses on fixed maturity investments for which fair value is less than 80% of amortized cost greater than 3 months, 6 months or less$0.0$153.0M$254.0M$2.0M$0.0$2.0M
Unrealized investment losses on fixed maturity investments for which fair value is less than 80% of amortized cost, greater than 12 months$638.0M$711.0M$733.0M$642.0M$550.0M$387.0M
Unrealized investment losses on fixed maturity investments for which fair value is less than 80% of amortized cost, greater than 6 months, 12 months or less$43.0M$0.0$149.0M$165.0M$14.0M$0.0
Available for Sale Securities for Which Fair Value is Less than Eighty Percent of Amortized Cost, Total$1.1B$1.2B$1.2B$811.0M$583.0M$790.0M
Unrealized investment losses on fixed maturity investments for which fair value is less than 80% of amortized cost, 3 months or less$437.0M$293.0M$63.0M$2.0M$19.0M$401.0M
Common stock, shares authorized (in shares)1.8B1.8B1.8B1.8B1.8B1.8B
Common Stock, Shares, Outstanding226.6M226.6M225.1M223M217.5M212.6M
Contractholder receivables, allowance for expected credit losses$18.0M$17.0M$17.0M$17.0M$16.0M$14.0M
Short-term debt and current portion of long-term debt$100.0M———$300.0M—
Total long-term debt$8.0B———$9.1B—
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net$105.0M———$118.0M—
Total debt principal$8.1B———$9.4B—
Debt Securities, Available-for-Sale, Allowance for Credit Loss$2.0M$4.0M$4.0M$4.0M$3.0M$3.0M
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss$4.4B$4.1B$3.9B$3.2B$2.8B$3.1B
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss$454.0M$413.0M$496.0M$179.0M$48.0M$396.0M
Credit losses on fixed maturities recognized in the consolidated statement of income, as a percentage of shareholders' equity on an after-tax basis (less than)0.010.010.010.010.010.01
Credit losses on fixed maturities recognized in the consolidated statement of income, as a percentage of the fixed maturity portfolio on a pre-tax basis (less than)0.010.010.010.010.010.01
Debt Securities, Available-for-Sale, Unrealized Loss Position, Accumulated Loss$4.8B$4.5B$4.4B$3.4B$2.8B$3.5B
Debt Securities, Available-for-Sale, Unrealized Loss Position$65.7B$59.4B$56.1B$47.7B$43.1B$57.7B
Deferred Tax Liabilities, Gross$964.0M—————
Deferred Tax Assets, Gross$2.8B—————
Deferred tax assets, internally developed software$303.0M—————
Deferred Tax Assets, Net$1.8B———$887.0M—
Deferred Tax Assets, Net of Valuation Allowance$2.7B—————
Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Loss Reserves$708.0M—————
Deferred tax assets, unearned premium reserves$833.0M—————
Deferred Tax Assets, Valuation Allowance$38.0M—————
Capitalized software$0.0—————
Deferred tax liabilities, deferred acquisition costs$673.0M—————
Federal and state intangible assets$87.0M—————
Deferred Tax Liabilities, Other$86.0M—————
Deferred Tax Liabilities, Property, Plant and Equipment$118.0M—————
Held for sale investments, at fair value————$3.3B—
Unrecognized compensation cost related to non-vested awards$248.0M$410.0M$359.0M$310.0M$255.0M$425.0M
Cost$544.0M$501.0M$505.0M$506.0M$457.0M$428.0M
Number of authorized shares, undesignated shares (in shares)5M———5M—
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value$286.0M———$363.0M—
Finite-Lived Intangible Assets, Accumulated Amortization$273.0M$280.0M$288.0M$292.0M$293.0M$297.0M
Gross Carrying Amount$407.0M$410.0M$409.0M$408.0M—$403.0M
Indefinite- lived intangible impairment$633.0M$636.0M$636.0M$634.0M$629.0M$628.0M
Investments Fair Value Disclosure————$93.8B$91.3B
Liability for Unpaid Claims and Claims Adjustment Expense, Net$56.4B———$58.2B—
2028$200.0M———$125.0M—
2029$125.0M———$0.0—
2029$0.0———$0.0—
2030$0.0———$0.0—
2027$0.0———$200.0M—
Recoverables for liability for guaranty fund and other insurance-related assessments$29.0M———$30.0M—
Liability for guaranty fund and other insurance-related assessments$182.0M———$188.0M—
Minimum collateral provided by borrowers of securities, as a percentage of the market value of the loaned securities plus accrued interest1.02———1.02—
Minimum percentage of equity interest that must be held by the Company in order for the investment in a VIE to be considered significant0.20———0.20—
Operating Lease Weighted Average Discount Rate Percent0.040.040.040.040.040.04
Percent change in monthly price at which securities are further evaluated0.10———0.10—
Percent of fixed maturities for which a pricing service estimates fair value0.990.990.990.990.990.99
Fair value of funds deposited with third parties to be used as collateral to secure various liabilities on behalf of insureds, cedants and other creditors$46.0M———$51.0M—
Liability accrued for policyholder dividends$81.0M———$80.0M—
Preferred Stock, Shares Authorized5M———5M—
Less amounts classified as held for sale————$1.0M—
Insurance and reinsurance balances receivable, valuation allowance$58.0M$58.0M$61.0M$58.0M$58.0M$60.0M
Less amounts classified as held for sale————$6.0M—
Reinsurance recoverable on unpaid losses and loss expenses$7.7B———$7.5B—
Valuation allowance for uncollectible reinsurance$119.0M$128.0M$127.0M$141.0M$129.0M$130.0M
Reinsurance Recoverables, Gross$8.1B—————
Gross reinsurance recoverables on paid and unpaid claims and claim adjustment expenses excluding structured settlements and mandatory pools and associations$4.0B—————
Mandatory pools and associations$1.5B—————
Gross structured settlements$2.6B—————
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number4.6M5.2M4.6M4.4M4.1M4.2M
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Number7M———6.2M—
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price$153.89———$166.86—
Stock options vested at end of period, weighted average exercise price (in dollars per share)$149.36$156.75$159.22$159.98$161.26$174.08
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Intrinsic Value$610.0M———$763.0M—
Stock options vested at end of period, number (in shares)6.2M6.6M6M5.8M5.6M5.5M
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Weighted Average Exercise Price$134.65$141.41$142.69$142.96$143.68$152.72
Stock options vested at end of period, aggregate intrinsic value$571.0M$708.0M$646.0M$692.0M$716.0M$644.0M
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Intrinsic Value$484.0M$635.0M$569.0M$598.0M$606.0M$586.0M
Number of authorized shares1.8B———1.8B—
Number of authorized shares, voting common stock (in shares)1.7B———1.7B—
Shares, Issued226.6M226.6M225.1M223M217.5M212.6M
Net&#160;Undiscounted Claims&#160;and&#160;Claim Adjustment&#160;Expense Reserves$57.4B———$59.2B—
Share Repurchase Program, Remaining Authorized, Amount$5.0B$4.8B$4.3B$3.7B$2.0B$5.2B
Discount on reinsurance recoverables for long-term disability and annuity claim payments included in discount (net of reinsurance)$42.0M———$31.0M—
Discount (Net of Reinsurance)$1.0B———$996.0M—
Deferred acquisition costs$3.5B———$3.5B—
Claims and claim adjustment expense reserves$64.1B———$65.7B—
SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information, Unearned Premium$22.3B———$22.4B—
Terrorism Risk Insurance Program, annual aggregate industry loss minimum in order for a loss to be covered$200.0M———$200.0M—
Terrorism Risk Insurance Program, annual cap limiting amount of aggregate subject losses for all participating insurers$100.0B———$100.0B—
Terrorism Risk Insurance Program, Company's estimated deductible for the next fiscal year$3.9B———$4.0B—
Terrorism Risk Insurance Program, terrorism-related losses triggering program coverage since program was established$0.0———$0.0—
Treasury stock, shares (in shares)564.3M565.7M567.8M570.1M575.9M582.5M
Unamortized fair value adjustment$34.0M———$31.0M—
Unfunded commitments to private equity limited partnerships, real estate partnerships and other investments$1.5B$1.5B$1.4B$1.4B$1.4B$1.5B
Unrecognized tax benefits$17.0M———$16.0M—
Amount of unrecognized tax benefits that are tax positions for which the ultimate deductibility is certain, but for which there is uncertainty about the timing of deductibility$0.0———$1.0M—
Interest accrued$11.0M———$12.0M—
Amount that if recognized, would affect the effective tax rate or regulatory liability$17.0M———$15.0M—
Stated Maturities$12.6B———$13.2B—