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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$64.6B
P/E Ratio8.50
ROE25.27%

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Available-for-Sale Debt Securities - Amortized Cost (Due Within One Year)$7.4B———$5.9B—
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$24B$18.7B$16.7B$9.2B$5.7B$26.1B
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Fair Value$41.7B$40.7B$39.4B$38.5B$37.5B$31.6B
AFS and Trading Securities - Unrealized Loss Position Fair Value$65.7B$59.4B$56.1B$47.7B$43.1B$57.7B
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value$24B$18.7B$16.7B$9.2B$5.7B$26.1B
Assets held for sale————$4.6B—
Cash and cash equivalents$699M$724M$659M$729M$842M$615M
Current Equity Amortized Cost$544M$501M$505M$506M$457M$428M
Disposal Group - Cash and Cash Equivalents————$171M—
Equity Securities (FV-NI) - Cost Basis$544M$501M$505M$506M$457M$428M
Accrued investment income$752M$703M$785M$776M$877M$801M
Premiums receivable$11.1B$11.6B$12B$11.6B$11B$11.4B
Prepaid reinsurance premiums$1.2B$1.8B$1.7B$1.7B$1.3B$1.9B
Operating Lease Income - 2022 (Lessor)$118M———$124M—
Operating Lease Income - 2025 (Lessor)$72M———$63M—
Restricted cash$131M$138M$138M$137M$132M$134M
Short-term investments$4.8B$4.5B$4.7B$6.8B$5.7B$6.7B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Accumulated Loss$4.4B$4.1B$3.9B$3.2B$2.8B$3.1B
Accumulated other comprehensive income (loss)-$5B-$4.6B-$4.1B-$3.1B-$2.5B-$3.1B
Common stock$25.5B$25.6B$25.7B$25.8B$25.9B$26.1B
Investments - Gross Unrealized Losses$65.7B$59.4B$56.1B$47.7B$43.1B$57.7B
Retained earnings$49.6B$49.8B$51B$52.7B$54.9B$56.4B
Share Repurchase Program - Amount Remaining$5B$4.8B$4.3B$3.7B$2B$5.2B
Total liabilities and stockholders' equity$133.2B$136B$138.9B$143.7B$143.7B$142.3B
Total stockholders' equity$27.9B$28.2B$29.5B$31.6B$32.9B$32B
Treasury stock$42.3B$42.6B$43.2B$43.8B$45.4B$47.4B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Cumulative Cost Basis$88.3B$89.6B$91.4B$93.6B$91.7B$93.7B
Operating Lease Income - 2023 (Lessor)$93M———$92M—
Operating Lease Income - 2024 (Lessor)$93M———$92M—
Specified threshold of current case reserves for inclusion in in-depth asbestos claim review$100K———$100K—
Assets held by insurance regulators$4B———$4B—
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$223M$376M$520M$883M$968M$524M
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$23B———$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 less0.0%15300000000.0%25400000000.0%200000000.0%0.0%200000000.0%
Unrealized investment losses on fixed maturity investments for which fair value is less than 80% of amortized cost, greater than 12 months63800000000.0%71100000000.0%73300000000.0%64200000000.0%55000000000.0%38700000000.0%
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 less4300000000.0%0.0%14900000000.0%16500000000.0%1400000000.0%0.0%
Available for Sale Securities for Which Fair Value is Less than Eighty Percent of Amortized Cost, Total111800000000.0%115700000000.0%119900000000.0%81100000000.0%58300000000.0%79000000000.0%
Unrealized investment losses on fixed maturity investments for which fair value is less than 80% of amortized cost, 3 months or less43700000000.0%29300000000.0%6300000000.0%200000000.0%1900000000.0%40100000000.0%
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$18M$17M$17M$17M$16M$14M
Short-term debt and current portion of long-term debt$100M———$300M—
Total long-term debt$8B———$9.1B—
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net$105M———$118M—
Total debt principal$8.1B———$9.4B—
Debt Securities, Available-for-Sale, Allowance for Credit Loss$2M$4M$4M$4M$3M$3M
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
Less than 12 months$24B$18.7B$16.7B$9.2B$5.7B$26.1B
12 months or more$41.7B$40.7B$39.4B$38.5B$37.5B$31.6B
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss$454M$413M$496M$179M$48M$396M
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)1.0%1.0%1.0%1.0%1.0%1.0%
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)1.0%1.0%1.0%1.0%1.0%1.0%
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$964M—————
Deferred Tax Assets, Gross$2.8B—————
Deferred tax assets, internally developed software$303M—————
Deferred Tax Assets, Net$1.8B———$887M—
Deferred Tax Assets, Net of Valuation Allowance$2.7B—————
Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Loss Reserves$708M—————
Deferred tax assets, unearned premium reserves$833M—————
Deferred Tax Assets, Valuation Allowance$38M—————
Capitalized software$0—————
Deferred tax liabilities, deferred acquisition costs$673M—————
Federal and state intangible assets$87M—————
Deferred Tax Liabilities, Other$86M—————
Deferred Tax Liabilities, Property, Plant and Equipment$118M—————
Held for sale investments, at fair value————$3.3B—
Unrecognized compensation cost related to non-vested awards$248M$410M$359M$310M$255M$425M
Cost$544M$501M$505M$506M$457M$428M
Number of authorized shares, undesignated shares (in shares)5M———5M—
Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value$286M———$363M—
Finite-Lived Intangible Assets, Accumulated Amortization$273M$280M$288M$292M$293M$297M
Gross Carrying Amount$407M$410M$409M$408M—$403M
Trademarks$226M$226M$227M$226M—$225M
Indefinite- lived intangible impairment$633M$636M$636M$634M$629M$628M
Investments Fair Value Disclosure————$93.8B$91.3B
Liability for Unpaid Claims and Claims Adjustment Expense, Net$56.4B———$58.2B—
2028$200M———$125M—
2029$125M———$0—
2029$0———$0—
2030$0———$0—
2027$0———$200M—
Recoverables for liability for guaranty fund and other insurance-related assessments$29M———$30M—
Liability for guaranty fund and other insurance-related assessments$182M———$188M—
Minimum collateral provided by borrowers of securities, as a percentage of the market value of the loaned securities plus accrued interest102.0%———102.0%—
Minimum percentage of equity interest that must be held by the Company in order for the investment in a VIE to be considered significant20.0%———20.0%—
Operating Lease Weighted Average Discount Rate Percent3.8%3.9%3.9%4.0%4.1%4.1%
Percent change in monthly price at which securities are further evaluated10.0%———10.0%—
Percent of fixed maturities for which a pricing service estimates fair value99.0%99.0%99.0%99.0%99.0%99.0%
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$46M———$51M—
Liability accrued for policyholder dividends$81M———$80M—
Preferred Stock, Shares Authorized5M———5M—
Less amounts classified as held for sale————$1M—
Insurance and reinsurance balances receivable, valuation allowance$58M$58M$61M$58M$58M$60M
Less amounts classified as held for sale————$6M—
Reinsurance recoverable on unpaid losses and loss expenses$7.7B———$7.5B—
Valuation allowance for uncollectible reinsurance$119M$128M$127M$141M$129M$130M
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$4B—————
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$610M———$763M—
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$571M$708M$646M$692M$716M$644M
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Intrinsic Value$484M$635M$569M$598M$606M$586M
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$5B$4.8B$4.3B$3.7B$2B$5.2B
Discount on reinsurance recoverables for long-term disability and annuity claim payments included in discount (net of reinsurance)$42M———$31M—
Discount (Net of Reinsurance)$1B———$996M—
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$200M———$200M—
Terrorism Risk Insurance Program, annual cap limiting amount of aggregate subject losses for all participating insurers$100B———$100B—
Terrorism Risk Insurance Program, Company's estimated deductible for the next fiscal year$3.9B———$4B—
Terrorism Risk Insurance Program, terrorism-related losses triggering program coverage since program was established$0———$0—
Treasury stock, shares (in shares)564.3M565.7M567.8M570.1M575.9M582.5M
Unamortized fair value adjustment$34M———$31M—
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$17M———$16M—
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———$1M—
Interest accrued$11M———$12M—
Amount that if recognized, would affect the effective tax rate or regulatory liability$17M———$15M—
Stated Maturities$12.6B———$13.2B—
Sublease Income - Thereafter$87M———$69M—

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accrued Income Taxes, Current$301M———$309M—
Liability for Claims and Claims Adjustment Expense$64.1B$66B$66.9B$67.7B$65.7B$66.9B
Securities loaned$586M———$473M—
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$261M—————
Deferred Tax Assets - Investments$659M—————
Equity Amortized Cost$544M$501M$505M$506M$457M$428M
Goodwill$4.2B$4.2B$4.3B$4.3B$4.1B$4.1B
Indefinite-Lived Intangible Assets$226M$226M$227M$226M—$225M
Indefinite-Lived Intangible Assets, Gross$226M$226M$227M$226M—$225M
Indefinite-Lived Research and Development Assets$226M$226M$227M$226M—$225M
Indefinite-Lived Trademarks$226M$226M$227M$226M—$225M
Deferred policy acquisition costs$3.5B$3.5B$3.7B$3.7B$3.5B$3.6B
Equity securities$687M$623M$651M$692M$618M$591M
Reinsurance recoverables$8B$8.1B$8.1B$8.3B$7.9B$8B
Investments - Amortized Cost Basis$88.3B$89.6B$91.4B$93.6B$91.7B$93.7B
Investments - Cost Basis$544M$501M$505M$506M$457M$428M
Contractholder receivables (net of allowance for expected credit losses of $14 and $16)$3.2B$3.2B$3.1B$3.1B$3B$3.1B
Deferred tax assets$1.8B$1.6B$1.6B$1B$887M$1.1B
Intangible assets &#8212; net$134M$130M$121M$116M—$106M
Other intangible assets&#8212;net$360M$356M$348M$342M$336M$331M
Investments$94.2B$95.7B$98.1B$103.7B$101.2B$103B
Other Assets$4.2B$4.4B$4.5B$4.5B$4.3B$4.5B
Net real estate investments$902M$897M$891M$888M$900M$899M
Operating Lease Income - 2026 (Lessor)$46M———$46M—
Operating Lease Income - 2027 (Lessor)$93M———$92M—
Operating Lease Income - 2028 (Lessor)$72M———$63M—
Operating Lease Income - 2029 (Lessor)$46M———$46M—
Operating Lease Income - Thereafter (Lessor)$87M———$69M—
Other Investments$4.2B$4.2B$4.2B$4.2B$4.1B$4.1B
Accumulated depreciation$581M———$620M—
Total assets$133.2B$136B$138.9B$143.7B$143.7B$142.3B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Long-term debt$8B$8B$8B$9.3B$9.3B$9.3B
Payables for reinsurance premiums$550M$1.1B$987M$946M$529M$1.1B
Contractholder payables$3.2B$3.2B$3.1B$3.1B$3B$3.1B
Other non-current liabilities$7.2B$6.8B$7B$7.4B$7.3B$7.2B
Total liabilities$105.3B$107.8B$109.4B$112.1B$110.8B$110.3B