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Published: 2022-04-28 00:00:00 ET
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Cincinnati Financial Corporation
Supplemental Financial Data
for the period ending March 31, 2022

6200 South Gilmore Road
Fairfield, Ohio 45014-5141
cinfin.com
Investor Contact:Media Contact:Shareholder Contact:
Dennis E. McDanielBetsy E. ErtelBrandon McIntosh
513-870-2768513-603-5323513-870-2696

A.M. Best CompanyFitch RatingsMoody's Investor ServiceS&P Global Ratings
Cincinnati Financial Corporation
Corporate DebtaA-A3BBB+
The Cincinnati Insurance Companies
Insurer Financial Strength
Property Casualty Group
      Standard Market Subsidiaries:A+—A1A+
             The Cincinnati Insurance CompanyA+A+A1A+
             The Cincinnati Indemnity CompanyA+A+A1A+
             The Cincinnati Casualty CompanyA+A+A1A+
      Surplus Lines Subsidiary:
             The Cincinnati Specialty Underwriters Insurance CompanyA+———
The Cincinnati Life Insurance CompanyA+A+—A+

Ratings are as of April 27, 2022, under continuous review and subject to change and/or affirmation. For the current ratings, select Financial Strength on cinfin.com.
The consolidated financial statements and financial exhibits that follow are unaudited. These consolidated financial statements and exhibits should be read in conjunction with the consolidated financial statements and notes included with our periodic filings with the U.S. Securities and Exchange Commission. The results of operations for interim periods may not be indicative of results to be expected for the full year.
CINF First-Quarter 2022 Supplemental Financial Data
1

Cincinnati Financial Corporation
Supplemental Financial Data
for the period ending March 31, 2022
Page
Definitions of Non-GAAP Information and Reconciliation to Comparable GAAP Measures
Consolidated
CFC and Subsidiaries Consolidation – Three Months Ended March 31, 2022
Consolidated Property Casualty Insurance Operations
Losses Incurred Detail
Loss Ratio Detail
Loss Claim Count Detail
Quarterly Property Casualty Data – Commercial Lines
Quarterly Property Casualty Data – Personal Lines and Excess & Surplus Lines
Loss and Loss Expense Analysis – Three Months Ended March 31, 2022
Reconciliation Data
Quarterly Property Casualty Data – Consolidated
Quarterly Property Casualty Data – Commercial Lines
Quarterly Property Casualty Data – Personal Lines
Quarterly Property Casualty Data – Excess & Surplus Lines
Statutory Statements of Income
Consolidated Cincinnati Insurance Companies Statutory Statements of Income
The Cincinnati Life Insurance Company Statutory Statements of Income
Other
Quarterly Data – Other

CINF First-Quarter 2022 Supplemental Financial Data
2

Definitions of Non-GAAP Information and
Reconciliation to Comparable GAAP Measures
Cincinnati Financial Corporation prepares its public financial statements in conformity with accounting principles generally accepted in the United States of America (GAAP). Statutory data is prepared in accordance with statutory accounting rules for insurance company regulation in the United States of America as defined by the National Association of Insurance Commissioners’ (NAIC) Accounting Practices and Procedures Manual, and therefore is not reconciled to GAAP data.
Management uses certain non-GAAP financial measures to evaluate its primary business areas – property casualty insurance, life insurance and investments. Management uses these measures when analyzing both GAAP and non-GAAP results to improve its understanding of trends in the underlying business and to help avoid incorrect or misleading assumptions and conclusions about the success or failure of company strategies. Management adjustments to GAAP measures generally: apply to non-recurring events that are unrelated to business performance and distort short-term results; involve values that fluctuate based on events outside of management’s control; supplement reporting segment disclosures with disclosures for a subsidiary company or for a combination of subsidiaries or reporting segments; or relate to accounting refinements that affect comparability between periods, creating a need to analyze data on the same basis.
•Non-GAAP operating income: Non-GAAP operating income is calculated by excluding investment gains and losses (defined as investment gains and losses after applicable federal and state income taxes) and other significant non-recurring items from net income. Management evaluates non-GAAP operating income to measure the success of pricing, rate and underwriting strategies. While investment gains (or losses) are integral to the company’s insurance operations over the long term, the determination to realize investment gains or losses on fixed-maturity securities sold in any period may be subject to management’s discretion and is independent of the insurance underwriting process. Also, under applicable GAAP accounting requirements, gains and losses are recognized from certain changes in market values of securities without actual realization. Management believes that the level of investment gains or losses for any particular period, while it may be material, may not fully indicate the performance of ongoing underlying business operations in that period.
For these reasons, many investors and shareholders consider non-GAAP operating income to be one of the more meaningful measures for evaluating insurance company performance. Equity analysts who report on the insurance industry and the company generally focus on this metric in their analyses. The company presents non-GAAP operating income so that all investors have what management believes to be a useful supplement to GAAP information.
•    Consolidated property casualty insurance results: To supplement reporting segment disclosures related to our property casualty insurance operations, we also evaluate results for those operations on a basis that includes results for our property casualty insurance and brokerage services subsidiaries. That is the total of our commercial lines, personal lines and our excess and surplus lines segments plus our reinsurance assumed operations known as Cincinnati Re and our London-based global specialty underwriter known as Cincinnati Global.
•Life insurance subsidiary results: To supplement life insurance reporting segment disclosures related to our life insurance operation, we also evaluate results for that operation on a basis that includes life insurance subsidiary investment income, or investment income plus investment gains and losses, that are also included in our investments reporting segment. We recognize that assets under management, capital appreciation and investment income are integral to evaluating the success of the life insurance segment because of the long duration of life products.
Other Measures
•    Value creation ratio: This is a measure of shareholder value creation that management believes captures the contribution of the company’s insurance operations, the success of its investment strategy and the importance placed on paying cash dividends to shareholders. The value creation ratio measure is made up of two primary components: (1) rate of growth in book value per share plus (2) the ratio of dividends declared per share to beginning book value per share. Management believes this measure is useful, providing a meaningful measure of long-term progress in creating shareholder value. It is intended to be all-inclusive regarding changes in book value per share, and uses originally reported book value per share in cases where book value per share has been adjusted, such as adoption of Accounting Standards Updates with a cumulative effect of a change in accounting.
•    Statutory accounting rules: For public reporting, insurance companies prepare financial statements in accordance with GAAP. However, insurers also must calculate certain data according to statutory accounting rules for insurance company regulation in the United States of America as defined in the NAIC’s Accounting Practices and Procedures Manual, which may be, and has been, modified by various state insurance departments and differ from GAAP. Statutory data is publicly available, and various organizations use it to calculate aggregate industry data, study industry trends and compare insurance companies.
•    Written premium: Under statutory accounting rules in the U.S., property casualty written premium is the amount recorded for policies issued and recognized on an annualized basis at the effective date of the policy. Management analyzes trends in written premium to assess business efforts. The difference between written and earned premium is unearned premium.
CINF First-Quarter 2022 Supplemental Financial Data
3

Cincinnati Financial Corporation and Subsidiaries
Consolidated Statements of Income for the Three Months Ended March 31, 2022
(Dollars in millions)CFCCONSOL P&CCLICCFC-IELIMTotal
Revenues
  Premiums earned:
    Property casualty$— $1,682 $— $— $— $1,682 
    Life— — 90 — — 90 
    Premiums ceded— (64)(18)— — (82)
      Total earned premium— 1,618 72 — — 1,690 
  Investment income, net of expenses23 120 42 — — 185 
  Investment gains and losses, net(292)(374)— — — (666)
  Fee revenues— 3 1 — — 4 
  Other revenues4 1 — 1 (4)2 
Total revenues$(265)$1,368 $115 $1 $(4)$1,215 
Benefits & expenses
  Losses & contract holders' benefits$— $968 $114 $— $— $1,082 
  Reinsurance recoveries— (12)(31)— — (43)
  Underwriting, acquisition and insurance expenses— 500 19 — — 519 
  Interest expense13 — — — — 13 
  Other operating expenses8 — — — (4)4 
Total expenses$21 $1,456 $102 $— $(4)$1,575 
Income (loss) before income taxes$(286)$(88)$13 $1 $— $(360)
Provision (benefit) for income taxes
  Current operating income$64 $114 $3 $— $— $181 
  Capital gains/losses(61)(79)— — — (140)
  Deferred(65)(63)— — — (128)
Total provision (benefit) for income taxes$(62)$(28)$3 $— $— $(87)
Net income (loss) - current year$(224)$(60)$10 $1 $— $(273)
Net income - prior year$144 $466 $10 $— $— $620 
*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding.
Consolidated property casualty data includes results from our Cincinnati Re operations and Cincinnati Global.
CINF First-Quarter 2022 Supplemental Financial Data
4

Consolidated Property Casualty
Losses Incurred Detail
(Dollars in millions)Three months endedSix months endedNine months endedTwelve months ended
12/31/229/30/226/30/223/31/2212/31/219/30/216/30/213/31/216/30/226/30/219/30/229/30/2112/31/2212/31/21
Consolidated
Current accident year losses greater than $5 million$23 $55 $14 $38 $5 $43 $57 $112 
Current accident year losses $1 million - $5 million82 103 72 51 31 82 154 257 
Large loss prior accident year reserve development25 28 30 13 24 37 67 95 
   Total large losses incurred$130 $186 $116 $102 $60 $162 $278 $464 
Losses incurred but not reported36 (71)(13)(37)102 65 52 (19)
Other losses excluding catastrophe losses592 520 514 577 451 1,028 1,542 2,062 
Catastrophe losses24 51 215 56 150 206 421 472 
   Total losses incurred$782 $686 $832 $698 $763 $1,461 $2,293 $2,979 
Commercial Lines
Current accident year losses greater than $5 million$16 $50 $4 $38 $5 $43 $47 $97 
Current accident year losses $1 million - $5 million67 70 60 29 26 55 115 185 
Large loss prior accident year reserve development21 27 29 14 26 40 69 96 
   Total large losses incurred$104 $147 $93 $81 $57 $138 $231 $378 
Losses incurred but not reported38 (53)(35)(34)39 5 (30)(83)
Other losses excluding catastrophe losses318 274 270 326 261 587 857 1,131 
Catastrophe losses11 24 30 27 35 62 92 116 
   Total losses incurred$471 $392 $358 $400 $392 $792 $1,150 $1,542 
Personal Lines
Current accident year losses greater than $5 million$7 $5 $10 $— $— $— $10 $15 
Current accident year losses $1 million - $5 million11 25 12 15 4 19 31 56 
Large loss prior accident year reserve development4 — (1)(2)(1)(3)(4)(4)
   Total large losses incurred$22 $30 $21 $13 $3 $16 $37 $67 
Losses incurred but not reported(14)(26)— (4)41 37 37 11 
Other losses excluding catastrophe losses165 146 154 158 130 288 442 588 
Catastrophe losses6 16 69 39 74 113 182 198 
   Total losses incurred$179 $166 $244 $206 $248 $454 $698 $864 
Excess & Surplus Lines
Current accident year losses greater than $5 million$— $— $— $— $— $— $— $— 
Current accident year losses $1 million - $5 million4 8 — 7 1 8 8 16 
Large loss prior accident year reserve development— 1 2 1 (1)— 2 3 
   Total large losses incurred$4 $9 $2 $8 $— $8 $10 $19 
Losses incurred but not reported12 8 22 1 22 23 45 53 
Other losses excluding catastrophe losses32 25 23 34 15 49 72 97 
Catastrophe losses1 — 1 — 1 1 2 2 
   Total losses incurred$49 $42 $48 $43 $38 $81 $129 $171 
*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. The sum of quarterly amounts may not equal the full year as each is computed independently.
Consolidated property casualty data includes results from our Cincinnati Re operations and Cincinnati Global.
CINF First-Quarter 2022 Supplemental Financial Data
5

Consolidated Property Casualty
Loss Ratio Detail
Three months endedSix months endedNine months endedTwelve months ended
12/31/229/30/226/30/223/31/2212/31/219/30/216/30/213/31/216/30/226/30/219/30/229/30/2112/31/2212/31/21
Consolidated
Current accident year losses greater than $5 million1.4 %3.4 %0.9 %2.5 %0.3 %1.4 %1.2 %1.8 %
Current accident year losses $1 million - $5 million5.1 6.4 4.5 3.4 2.2 2.8 3.4 4.2 
Large loss prior accident year reserve development1.5 1.8 1.9 0.9 1.6 1.2 1.5 1.5 
   Total large loss ratio8.0 %11.6 %7.3 %6.8 %4.1 %5.4 %6.1 %7.5 %
Losses incurred but not reported2.2 (4.4)(0.8)(2.4)6.9 2.2 1.1 (0.3)
Other losses excluding catastrophe losses36.6 32.5 32.2 38.0 30.5 34.4 33.6 33.4 
Catastrophe losses1.5 3.2 13.4 3.7 10.2 6.9 9.2 7.6 
   Total loss ratio48.3 %42.9 %52.1 %46.1 %51.7 %48.9 %50.0 %48.2 %
Commercial Lines
Current accident year losses greater than $5 million1.7 %5.3 %0.5 %4.2 %0.6 %2.4 %1.7 %2.6 %
Current accident year losses $1 million - $5 million6.9 7.3 6.5 3.2 2.9 3.1 4.2 5.0 
Large loss prior accident year reserve development2.1 2.8 3.1 1.4 3.0 2.2 2.6 2.7 
   Total large loss ratio10.7 %15.4 %10.1 %8.8 %6.5 %7.7 %8.5 %10.3 %
Losses incurred but not reported4.0 (5.7)(3.7)(3.6)4.3 0.3 (1.1)(2.3)
Other losses excluding catastrophe losses33.0 29.1 29.0 35.7 29.4 32.6 31.4 30.8 
Catastrophe losses1.2 2.6 3.1 3.0 4.0 3.5 3.4 3.2 
   Total loss ratio48.9 %41.4 %38.5 %43.9 %44.2 %44.1 %42.2 %42.0 %
Personal Lines
Current accident year losses greater than $5 million1.7 %1.3 %2.6 %— %— %— %0.9 %1.0 %
Current accident year losses $1 million - $5 million2.7 6.4 2.9 4.0 1.2 2.5 2.7 3.6 
Large loss prior accident year reserve development1.1 — (0.2)(0.5)(0.3)(0.3)(0.4)(0.2)
   Total large loss ratio5.5 %7.7 %5.3 %3.5 %0.9 %2.2 %3.2 %4.4 %
Losses incurred but not reported(3.6)(6.5)(0.1)(1.1)11.0 4.9 3.2 0.7 
Other losses excluding catastrophe losses41.2 36.7 39.7 41.4 34.4 37.9 38.6 38.1 
Catastrophe losses1.4 4.1 17.7 10.3 19.6 14.9 15.9 12.8 
   Total loss ratio44.5 %42.0 %62.6 %54.1 %65.9 %59.9 %60.9 %56.0 %
Excess & Surplus Lines
Current accident year losses greater than $5 million— %— %— %— %— %— %— %— %
Current accident year losses $1 million - $5 million3.6 7.5 (0.1)7.5 1.2 4.5 2.8 4.1 
Large loss prior accident year reserve development0.3 0.8 1.9 1.3 (1.7)(0.2)0.6 0.6 
   Total large loss ratio3.9 %8.3 %1.8 %8.8 %(0.5)%4.3 %3.4 %4.7 %
Losses incurred but not reported10.6 7.9 21.2 0.8 24.8 12.3 15.5 13.4 
Other losses excluding catastrophe losses27.4 22.3 21.9 35.0 17.8 26.8 25.0 24.3 
Catastrophe losses1.1 0.8 0.2 0.4 1.0 0.7 0.5 0.6 
   Total loss ratio43.0 %39.3 %45.1 %45.0 %43.1 %44.1 %44.4 %43.0 %
*Certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts.
Consolidated property casualty data includes results from our Cincinnati Re operations and Cincinnati Global.
CINF First-Quarter 2022 Supplemental Financial Data
6

Consolidated Property Casualty
Loss Claim Count Detail
Three months endedSix months endedNine months endedTwelve months ended
12/31/229/30/226/30/223/31/2212/31/219/30/216/30/213/31/216/30/226/30/219/30/229/30/2112/31/2212/31/21
Consolidated
Current accident year reported losses greater
   than $5 million		3 7 3 6 1 7 9 17 
Current accident year reported losses
   $1 million - $5 million		51 76 44 35 24 59 106 170 
Prior accident year reported losses on
   large losses		28 16 22 12 20 32 55 71 
   Non-Catastrophe reported losses on
      large losses total		82 99 69 53 45 98 170 258 
Commercial Lines
Current accident year reported losses greater
   than $5 million		2 7 2 6 1 7 8 15 
Current accident year reported losses
   $1 million - $5 million		39 50 37 19 20 39 78 120 
Prior accident year reported losses on
   large losses		24 14 19 8 18 26 46 60 
   Non-Catastrophe reported losses on
      large losses total		65 71 58 33 39 72 132 195 
Personal Lines
Current accident year reported losses greater
   than $5 million		1 — 1 — — — 1 2 
Current accident year reported losses
   $1 million - $5 million		8 17 6 11 3 14 20 34 
Prior accident year reported losses on
   large losses		3 1 1 1 2 3 4 5 
   Non-Catastrophe reported losses on
      large losses total		12 18 8 12 5 17 25 41 
Excess & Surplus Lines
Current accident year reported losses greater
   than $5 million		— — — — — — — — 
Current accident year reported losses
   $1 million - $5 million		4 9 1 5 1 6 8 16 
Prior accident year reported losses on
   large losses		1 1 2 3 — 3 5 6 
   Non-Catastrophe reported losses on
      large losses total		5 10 3 8 1 9 13 22 
*The sum of quarterly amounts may not equal the full year as each is computed independently.
CINF First-Quarter 2022 Supplemental Financial Data
7

Quarterly Property Casualty Data - Commercial Lines
(Dollars in millions)Three months endedSix months endedNine months endedTwelve months ended
12/31/229/30/226/30/223/31/2212/31/219/30/216/30/213/31/216/30/226/30/219/30/229/30/2112/31/2212/31/21
Commercial casualty:
Written premiums$389 $317 $297 $338 $363 $701 $998 $1,315 
Year over year change %- written premium7 %10 %10 %10 %6 %8 %9 %9 %
Earned premiums$336 $332 $323 $312 $303 $615 $938 $1,270 
Current accident year before catastrophe losses65.6 %63.3 %61.9 %61.5 %64.5 %63.0 %62.6 %62.8 %
Current accident year catastrophe losses— — — — — — — — 
Prior accident years before catastrophe losses1.4 (10.5)(16.1)(8.3)(2.2)(5.3)(9.0)(9.4)
Prior accident years catastrophe losses— — — — — — — — 
   Total loss and loss expense ratio67.0 %52.8 %45.8 %53.2 %62.3 %57.7 %53.6 %53.4 %
Commercial property:
Written premiums$297 $270 $278 $275 $267 $542 $820 $1,090 
Year over year change %- written premium11 %10 %10 %6 %2 %4 %6 %7 %
Earned premiums$274 $267 $264 $259 $253 $512 $776 $1,043 
Current accident year before catastrophe losses52.4 %41.8 %41.6 %47.3 %53.8 %50.5 %47.5 %46.0 %
Current accident year catastrophe losses5.1 13.9 12.4 14.0 20.0 16.9 15.4 15.0 
Prior accident years before catastrophe losses(2.4)(6.0)(11.1)(1.1)(2.0)(1.5)(4.8)(5.1)
Prior accident years catastrophe losses0.5 (4.8)(2.0)(3.8)(6.3)(5.0)(4.0)(4.2)
   Total loss and loss expense ratio55.6 %44.9 %40.9 %56.4 %65.5 %60.9 %54.1 %51.7 %
Commercial auto:
Written premiums$237 $194 $183 $216 $223 $439 $622 $816 
Year over year change %- written premium6 %8 %7 %5 %7 %6 %7 %7 %
Earned premiums$205 $203 $200 $198 $193 $391 $591 $794 
Current accident year before catastrophe losses67.0 %67.5 %63.7 %63.0 %63.1 %63.0 %63.3 %64.4 %
Current accident year catastrophe losses0.9 0.6 1.8 1.5 1.6 1.6 1.7 1.4 
Prior accident years before catastrophe losses(0.7)0.2 (3.6)(6.0)(12.4)(9.2)(7.3)(5.4)
Prior accident years catastrophe losses(2.1)0.3 (0.1)(0.2)(0.3)(0.2)(0.2)(0.1)
   Total loss and loss expense ratio65.1 %68.6 %61.8 %58.3 %52.0 %55.2 %57.5 %60.3 %
Workers' compensation:
Written premiums$86 $59 $53 $69 $88 $157 $210 $269 
Year over year change %- written premium(2)%2 %4 %6 %(4)%— %1 %1 %
Earned premiums$67 $67 $66 $68 $67 $135 $201 $268 
Current accident year before catastrophe losses84.5 %79.8 %82.3 %87.6 %76.6 %82.2 %82.2 %81.6 %
Current accident year catastrophe losses— — — — — — — — 
Prior accident years before catastrophe losses(14.3)(10.5)(10.5)(39.2)(37.9)(38.6)(29.3)(24.7)
Prior accident years catastrophe losses— — — — — — — — 
   Total loss and loss expense ratio70.2 %69.3 %71.8 %48.4 %38.7 %43.6 %52.9 %56.9 %
Other commercial:
Written premiums$87 $80 $84 $79 $78 $157 $241 $321 
Year over year change %- written premium12 %14 %18 %13 %11 %12 %14 %14 %
Earned premiums$80 $78 $77 $74 $70 $144 $221 $299 
Current accident year before catastrophe losses38.2 %41.6 %39.4 %38.0 %38.2 %38.1 %38.6 %39.4 %
Current accident year catastrophe losses— (0.2)0.4 0.1 — — 0.1 — 
Prior accident years before catastrophe losses(2.9)(8.9)(8.4)(11.2)(7.7)(9.5)(9.1)(9.1)
Prior accident years catastrophe losses— — — — — — — — 
   Total loss and loss expense ratio35.3 %32.5 %31.4 %26.9 %30.5 %28.6 %29.6 %30.3 %
*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. The sum of quarterly amounts may not equal the full year as each is computed independently.
CINF First-Quarter 2022 Supplemental Financial Data
8

Quarterly Property Casualty Data - Personal Lines
(Dollars in millions)Three months endedSix months endedNine months endedTwelve months ended
12/31/229/30/226/30/223/31/2212/31/219/30/216/30/213/31/216/30/226/30/219/30/229/30/2112/31/2212/31/21
Personal auto:
Written premiums$140 $141 $165 $166 $136 $302 $467 $608 
Year over year change %- written premium3 %1 %— %(2)%(1)%(1)%(1)%(1)%
Earned premiums$152 $152 $153 $152 $152 $305 $457 $609 
Current accident year before catastrophe losses69.4 %62.3 %65.8 %64.5 %66.1 %65.3 %65.5 %64.7 %
Current accident year catastrophe losses1.4 0.2 5.3 1.7 2.6 2.2 3.2 2.4 
Prior accident years before catastrophe losses0.9 (4.4)(0.4)(5.5)(9.3)(7.5)(5.1)(4.9)
Prior accident years catastrophe losses(4.7)0.3 (0.1)(0.2)(0.5)(0.3)(0.3)(0.1)
   Total loss and loss expense ratio67.0 %58.4 %70.6 %60.5 %58.9 %59.7 %63.3 %62.1 %
Homeowner:
Written premiums$181 $188 $214 $211 $156 $367 $581 $769 
Year over year change %- written premium16 %13 %13 %7 %11 %9 %10 %11 %
Earned premiums$195 $190 $184 $178 $174 $352 $536 $726 
Current accident year before catastrophe losses45.9 %38.0 %42.3 %50.2 %51.6 %50.9 %47.9 %45.4 %
Current accident year catastrophe losses13.0 10.9 36.8 20.7 41.1 30.8 32.9 27.1 
Prior accident years before catastrophe losses(8.7)(4.4)(1.0)0.9 (0.5)0.2 (0.2)(1.3)
Prior accident years catastrophe losses(7.2)(1.4)— (0.5)(0.7)(0.6)(0.4)(0.7)
   Total loss and loss expense ratio43.0 %43.1 %78.1 %71.3 %91.5 %81.3 %80.2 %70.5 %
Other personal:
Written premiums$53 $53 $56 $62 $46 $108 $164 $217 
Year over year change %- written premium15 %10 %8 %9 %10 %9 %9 %9 %
Earned premiums$55 $54 $51 $52 $50 $101 $153 $207 
Current accident year before catastrophe losses47.2 %45.8 %53.8 %45.9 %50.0 %48.0 %49.9 %48.9 %
Current accident year catastrophe losses0.9 0.2 4.5 3.9 3.6 3.7 4.0 3.0 
Prior accident years before catastrophe losses4.6 5.0 (0.9)(8.6)(3.8)(6.2)(4.4)(1.9)
Prior accident years catastrophe losses0.4 (1.4)(0.4)0.4 (1.5)(0.6)(0.5)(0.8)
   Total loss and loss expense ratio53.1 %49.6 %57.0 %41.6 %48.3 %44.9 %49.0 %49.2 %
Quarterly Property Casualty Data - Excess & Surplus Lines
(Dollars in millions)Three months endedSix months endedNine months endedTwelve months ended
12/31/229/30/226/30/223/31/2212/31/219/30/216/30/213/31/216/30/226/30/219/30/229/30/2112/31/2212/31/21
Excess & Surplus:
Written premiums$124 $108 $104 $115 $99 $214 $318 $426 
Year over year change %- written premium25 %17 %30 %26 %16 %22 %24 %22 %
Earned premiums$112 $109 $105 $95 $89 $184 $289 $398 
Current accident year before catastrophe losses61.8 %56.0 %62.6 %62.0 %61.0 %61.5 %61.9 %60.3 %
Current accident year catastrophe losses1.5 0.6 0.4 0.4 1.3 0.8 0.7 0.6 
Prior accident years before catastrophe losses(4.6)1.2 3.3 (1.5)4.7 1.5 2.1 1.9 
Prior accident years catastrophe losses(0.4)0.3 (0.1)0.1 (0.3)(0.1)(0.1)— 
   Total loss and loss expense ratio58.3 %58.1 %66.2 %61.0 %66.7 %63.7 %64.6 %62.8 %
*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. The sum of quarterly amounts may not equal the full year as each is computed independently.
CINF First-Quarter 2022 Supplemental Financial Data
9

Consolidated Property Casualty Loss and Loss Expense Analysis
(Dollars in millions)Change inChange inChange inTotalLoss
PaidPaid lossTotalcaseIBNRloss expensechange inCaseIBNRexpenseTotal
lossesexpensepaidreservesreservesreservesreservesincurredincurredincurredincurred
Gross loss and loss expense incurred for the three months ended March 31, 2022
  Commercial casualty$124 $48 $172 $(13)$56 $7 $50 $111 $56 $55 $222 
  Commercial property167 18 185 (9)(30)5 (34)158 (30)23 151 
  Commercial auto112 23 135 1 (1)(2)(2)113 (1)21 133 
  Workers' compensation40 8 48 (16)15 2 1 24 15 10 49 
  Other commercial19 4 23 10 2 3 15 29 2 7 38 
    Total commercial lines462 101 563 (27)42 15 30 435 42 116 593 
  Personal auto83 24 107 (5)1 (2)(6)78 1 22 101 
  Homeowners96 14 110 1 (30)(2)(31)97 (30)12 79 
  Other personal29 2 31 (2)— — (2)27 — 2 29 
    Total personal lines208 40 248 (6)(29)(4)(39)202 (29)36 209 
  Excess & surplus lines27 12 39 15 13 6 34 42 13 18 73 
  Other55 5 60 14 19 — 33 69 19 5 93 
      Total property casualty$752 $158 $910 $(4)$45 $17 $58 $748 $45 $175 $968 
Ceded loss and loss expense incurred for the three months ended March 31, 2022
  Commercial casualty$(1)$1 $— $(3)$— $— $(3)$(4)$— $1 $(3)
  Commercial property(1)— (1)1 (1)— — — (1)— (1)
  Commercial auto— — — (1)— — (1)(1)— — (1)
  Workers' compensation5 — 5 (4)1 — (3)1 1 — 2 
  Other commercial1 — 1 9 — — 9 10 — — 10 
    Total commercial lines4 1 5 2 — — 2 6 — 1 7 
  Personal auto1 — 1 (1)(1)— (2)— (1)— (1)
  Homeowners(1)— (1)(1)(2)— (3)(2)(2)— (4)
  Other personal— — — — (1)— (1)— (1)— (1)
    Total personal lines— — — (2)(4)— (6)(2)(4)— (6)
  Excess & surplus lines8 — 8 (3)2 — (1)5 2 — 7 
  Other7 — 7 2 (5)— (3)9 (5)— 4 
      Total property casualty$19 $1 $20 $(1)$(7)$— $(8)$18 $(7)$1 $12 
Net loss and loss expense incurred for the three months ended March 31, 2022
  Commercial casualty$125 $47 $172 $(10)$56 $7 $53 $115 $56 $54 $225 
  Commercial property168 18 186 (10)(29)5 (34)158 (29)23 152 
  Commercial auto112 23 135 2 (1)(2)(1)114 (1)21 134 
  Workers' compensation35 8 43 (12)14 2 4 23 14 10 47 
  Other commercial18 4 22 1 2 3 6 19 2 7 28 
    Total commercial lines458 100 558 (29)42 15 28 429 42 115 586 
  Personal auto82 24 106 (4)2 (2)(4)78 2 22 102 
  Homeowners97 14 111 2 (28)(2)(28)99 (28)12 83 
  Other personal29 2 31 (2)1 — (1)27 1 2 30 
    Total personal lines208 40 248 (4)(25)(4)(33)204 (25)36 215 
  Excess & surplus lines19 12 31 18 11 6 35 37 11 18 66 
  Other48 5 53 12 24 — 36 60 24 5 89 
      Total property casualty$733 $157 $890 $(3)$52 $17 $66 $730 $52 $174 $956 
*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding.
Other data includes results from our Cincinnati Re operations and Cincinnati Global.
CINF First-Quarter 2022 Supplemental Financial Data
10

Quarterly Property Casualty Data - Consolidated
(Dollars in millions)Three months endedSix months endedNine months endedTwelve months ended
12/31/229/30/226/30/223/31/2212/31/219/30/216/30/213/31/216/30/226/30/219/30/229/30/2112/31/2212/31/21
Premiums
   Agency renewal written premiums$1,397 $1,238 $1,244 $1,333 $1,276 $2,609 $3,853 $5,091 
   Agency new business written premiums244 212 230 235 220 455 685 897 
   Other written premiums258 84 64 146 197 343 407 491 
   Net written premiums $1,899 $1,534 $1,538 $1,714 $1,693 $3,407 $4,945 $6,479 
   Unearned premium change(281)65 58 (200)(218)(418)(360)(295)
   Earned premiums$1,618 $1,599 $1,596 $1,514 $1,475 $2,989 $4,585 $6,184 
Year over year change %
   Agency renewal written premiums9 %8 %8 %7 %7 %7 %7 %7 %
   Agency new business written premiums11 15 22 12 2 7 12 12 
   Other written premiums31 31 25 39 88 63 56 51 
   Net written premiums 12 10 10 10 12 11 11 10 
Paid losses and loss expenses
   Losses paid$733 $718 $612 $649 $564 $1,214 $1,826 $2,543 
   Loss expenses paid157 139 153 118 141 258 411 551 
   Loss and loss expenses paid$890 $857 $765 $767 $705 $1,472 $2,237 $3,094 
Incurred losses and loss expenses
   Loss and loss expense incurred$956 $855 $988 $830 $923 $1,753 $2,741 $3,596 
   Loss and loss expenses paid as a % of incurred93.1 %100.2 %77.4 %92.4 %76.4 %84.0 %81.6 %86.0 %
Statutory combined ratio
   Loss ratio48.4 %42.6 %51.3 %47.0 %52.0 %49.4 %50.1 %48.2 %
   Loss adjustment expense ratio10.9 10.9 10.1 8.9 11.0 10.0 10.0 10.2 
   Net underwriting expense ratio28.7 31.5 31.1 29.2 26.7 28.0 28.9 29.5 
   US Statutory combined ratio88.0 %85.0 %92.5 %85.1 %89.7 %87.4 %89.0 %87.9 %
   Contribution from catastrophe losses1.7 2.8 12.9 4.6 10.1 7.3 9.2 7.6 
   Statutory combined ratio excl. catastrophe losses86.3 %82.2 %79.6 %80.5 %79.6 %80.1 %79.8 %80.3 %
GAAP combined ratio
   GAAP combined ratio89.9 %84.2 %92.6 %85.5 %91.2 %88.3 %89.8 %88.3 %
   Contribution from catastrophe losses1.8 3.6 14.2 3.9 10.4 7.1 9.6 8.0 
   GAAP combined ratio excl. catastrophe losses88.1 %80.6 %78.4 %81.6 %80.8 %81.2 %80.2 %80.3 %
*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. The sum of quarterly amounts may not equal the full year as each is computed
 independently.
*nm - Not meaningful
*Statutory data prepared in accordance with statutory accounting rules as defined by the National Association of Insurance Commissioners and filed with the appropriate regulatory bodies. Statutory ratios exclude the results of Cincinnati Global.
Consolidated property casualty data includes the results of Cincinnati Re and Cincinnati Global.
CINF First-Quarter 2022 Supplemental Financial Data
11

Quarterly Property Casualty Data - Commercial Lines
(Dollars in millions)Three months endedSix months endedNine months endedTwelve months ended
12/31/229/30/226/30/223/31/2212/31/219/30/216/30/213/31/216/30/226/30/219/30/229/30/2112/31/2212/31/21
Premiums
   Agency renewal written premiums$970 $809 $775 $852 $898 $1,750 $2,525 $3,334 
   Agency new business written premiums156 135 145 146 145 291 436 571 
   Other written premiums(30)(24)(25)(21)(24)(45)(70)(94)
   Net written premiums $1,096 $920 $895 $977 $1,019 $1,996 $2,891 $3,811 
   Unearned premium change(134)27 35 (66)(133)(199)(164)(137)
   Earned premiums$962 $947 $930 $911 $886 $1,797 $2,727 $3,674 
Year over year change %
   Agency renewal written premiums8 %7 %7 %7 %7 %7 %7 %7 %
   Agency new business written premiums8 19 27 9 (6)1 8 11 
   Other written premiums(25)25 7 (5)— (2)1 9 
   Net written premiums 8 10 10 8 5 6 7 8 
Paid losses and loss expenses
   Losses paid$458 $396 $328 $391 $330 $720 $1,049 $1,445 
   Loss expenses paid100 89 98 78 96 174 272 361 
   Loss and loss expenses paid$558 $485 $426 $469 $426 $894 $1,321 $1,806 
Incurred losses and loss expenses
   Loss and loss expense incurred$586 $506 $451 $480 $503 $983 $1,434 $1,940 
   Loss and loss expenses paid as a % of incurred95.2 %95.8 %94.5 %97.7 %84.7 %90.9 %92.1 %93.1 %
Statutory combined ratio
   Loss ratio48.9 %41.4 %38.5 %43.9 %44.3 %44.1 %42.2 %42.0 %
   Loss adjustment expense ratio12.0 12.0 10.0 8.8 12.4 10.6 10.4 10.8 
   Net underwriting expense ratio28.3 32.7 33.2 29.9 26.2 28.0 29.6 30.4 
   Statutory combined ratio89.2 %86.1 %81.7 %82.6 %82.9 %82.7 %82.2 %83.2 %
   Contribution from catastrophe losses1.4 2.7 3.3 3.2 4.2 3.7 3.6 3.4 
   Statutory combined ratio excl. catastrophe losses87.8 %83.4 %78.4 %79.4 %78.7 %79.0 %78.6 %79.8 %
GAAP combined ratio
   GAAP combined ratio92.3 %85.2 %80.6 %84.2 %85.4 %84.8 %83.4 %83.8 %
   Contribution from catastrophe losses1.4 2.7 3.3 3.2 4.2 3.7 3.6 3.4 
   GAAP combined ratio excl. catastrophe losses90.9 %82.5 %77.3 %81.0 %81.2 %81.1 %79.8 %80.4 %
*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. The sum of quarterly amounts may not equal the full year as each is computed
 independently.
*nm - Not meaningful
*Statutory data prepared in accordance with statutory accounting rules as defined by the National Association of Insurance Commissioners and filed with the appropriate regulatory bodies.
CINF First-Quarter 2022 Supplemental Financial Data
12

Quarterly Property Casualty Data - Personal Lines
(Dollars in millions)Three months endedSix months endedNine months endedTwelve months ended
12/31/229/30/226/30/223/31/2212/31/219/30/216/30/213/31/216/30/226/30/219/30/229/30/2112/31/2212/31/21
Premiums
   Agency renewal written premiums$333 $342 $393 $397 $302 $699 $1,092 $1,434 
   Agency new business written premiums52 50 53 53 46 99 152 202 
   Other written premiums(11)(10)(11)(11)(10)(21)(32)(42)
   Net written premiums $374 $382 $435 $439 $338 $777 $1,212 $1,594 
   Unearned premium change28 14 (47)(57)38 (19)(66)(52)
   Earned premiums$402 $396 $388 $382 $376 $758 $1,146 $1,542 
Year over year change %
   Agency renewal written premiums10 %8 %7 %3 %3 %3 %4 %5 %
   Agency new business written premiums13 11 4 20 35 27 18 16 
   Other written premiums(10)(25)(10)(38)(11)(24)(19)(20)
   Net written premiums 11 8 7 4 6 5 5 6 
Paid losses and loss expenses
   Losses paid$208 $212 $208 $198 $162 $360 $568 $780 
   Loss expenses paid40 34 40 29 32 60 100 134 
   Loss and loss expenses paid$248 $246 $248 $227 $194 $420 $668 $914 
Incurred losses and loss expenses
   Loss and loss expense incurred$215 $197 $281 $241 $273 $514 $795 $992 
   Loss and loss expenses paid as a % of incurred115.3 %124.9 %88.3 %94.2 %71.1 %81.7 %84.0 %92.1 %
Statutory combined ratio
   Loss ratio44.5 %42.0 %62.6 %54.1 %65.9 %60.0 %60.9 %56.0 %
   Loss adjustment expense ratio9.0 7.9 9.7 8.9 6.7 7.8 8.5 8.4 
   Net underwriting expense ratio32.2 30.9 28.2 27.2 30.7 28.7 28.5 29.1 
   Statutory combined ratio85.7 %80.8 %100.5 %90.2 %103.3 %96.5 %97.9 %93.5 %
   Contribution from catastrophe losses1.7 4.6 20.0 10.6 19.8 15.2 16.8 13.7 
   Statutory combined ratio excl. catastrophe losses84.0 %76.2 %80.5 %79.6 %83.5 %81.3 %81.1 %79.8 %
GAAP combined ratio
   GAAP combined ratio83.9 %80.0 %102.7 %92.7 %101.1 %96.8 %98.8 %94.0 %
   Contribution from catastrophe losses1.7 4.6 20.0 10.6 19.8 15.2 16.8 13.7 
   GAAP combined ratio excl. catastrophe losses82.2 %75.4 %82.7 %82.1 %81.3 %81.6 %82.0 %80.3 %
*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. The sum of quarterly amounts may not equal the full year as each is computed
 independently.
*nm - Not meaningful
*Statutory data prepared in accordance with statutory accounting rules as defined by the National Association of Insurance Commissioners and filed with the appropriate regulatory bodies.
CINF First-Quarter 2022 Supplemental Financial Data
13

Quarterly Property Casualty Data - Excess & Surplus Lines
(Dollars in millions)Three months endedSix months endedNine months endedTwelve months ended
12/31/229/30/226/30/223/31/2212/31/219/30/216/30/213/31/216/30/226/30/219/30/229/30/2112/31/2212/31/21
Premiums
   Agency renewal written premiums$94 $87 $76 $84 $76 $160 $236 $323 
   Agency new business written premiums36 27 32 36 29 65 97 124 
   Other written premiums(6)(6)(4)(5)(6)(11)(15)(21)
   Net written premiums $124 $108 $104 $115 $99 $214 $318 $426 
   Unearned premium change(12)1 1 (20)(10)(30)(29)(28)
   Earned premiums$112 $109 $105 $95 $89 $184 $289 $398 
Year over year change %
   Agency renewal written premiums24 %26 %27 %33 %23 %28 %28 %27 %
   Agency new business written premiums24 — 33 13 7 10 17 13 
   Other written premiums— (50)— (25)(50)(38)(25)(31)
   Net written premiums 25 17 30 26 16 22 24 22 
Paid losses and loss expenses
   Losses paid$19 $17 $18 $19 $21 $40 $59 $75 
   Loss expenses paid12 12 12 8 11 19 31 43 
   Loss and loss expenses paid$31 $29 $30 $27 $32 $59 $90 $118 
Incurred losses and loss expenses
   Loss and loss expense incurred$66 $63 $70 $58 $59 $117 $187 $250 
   Loss and loss expenses paid as a % of incurred47.0 %46.0 %42.9 %46.6 %54.2 %50.4 %48.1 %47.2 %
Statutory combined ratio
   Loss ratio43.0 %39.3 %45.1 %45.0 %43.1 %44.1 %44.5 %43.0 %
   Loss adjustment expense ratio15.2 18.8 21.0 16.0 23.6 19.6 20.1 19.8 
   Net underwriting expense ratio27.1 27.7 29.7 31.1 26.4 29.0 29.2 28.8 
   Statutory combined ratio85.3 %85.8 %95.8 %92.1 %93.1 %92.7 %93.8 %91.6 %
   Contribution from catastrophe losses1.1 0.9 0.3 0.5 1.0 0.7 0.6 0.6 
   Statutory combined ratio excl. catastrophe losses84.2 %84.9 %95.5 %91.6 %92.1 %92.0 %93.2 %91.0 %
GAAP combined ratio
   GAAP combined ratio85.9 %83.2 %94.1 %89.5 %92.0 %90.7 %91.9 %89.5 %
   Contribution from catastrophe losses1.1 0.9 0.3 0.5 1.0 0.7 0.6 0.6 
   GAAP combined ratio excl. catastrophe losses84.8 %82.3 %93.8 %89.0 %91.0 %90.0 %91.3 %88.9 %
*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. The sum of quarterly amounts may not equal the full year as each is computed
 independently.
*nm - Not meaningful
*Statutory data prepared in accordance with statutory accounting rules as defined by the National Association of Insurance Commissioners and filed with the appropriate regulatory bodies.
CINF First-Quarter 2022 Supplemental Financial Data
14

Consolidated Cincinnati Insurance Companies
Statutory Statements of Income
For the Three Months Ended March 31,
(Dollars in millions)20222021Change% Change
Underwriting income
Net premiums written$1,848 $1,652 $196 12 
Unearned premium change262 209 53 25 
Earned premiums$1,586 $1,443 $143 10 
Losses incurred$767 $750 $17 2 
Defense and cost containment expenses incurred77 80 (3)(4)
Adjusting and other expenses incurred96 79 17 22 
Other underwriting expenses incurred529 439 90 21 
Workers compensation dividend incurred2 2 — — 
     Total underwriting deductions$1,471 $1,350 $121 9 
Net underwriting profit $115 $93 $22 24 
Investment income
Gross investment income earned$124 $109 $15 14 
Net investment income earned122 107 15 14 
Net realized capital gains and losses, net(1)(3)2 67 
     Net investment gains (net of tax)$121 $104 $17 16 
     Other income $2 $2 $— — 
Net income before federal income taxes$238 $199 $39 20 
Federal and foreign income taxes incurred29 30 (1)(3)
     Net income (statutory)$209 $169 $40 24 
Policyholders' surplus - statutory$6,627 $6,101 $526 9 
Fixed maturities at amortized cost - statutory$8,313 $7,589 $724 10 
*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding.
*nm - Not meaningful
*Statutory data prepared in accordance with statutory accounting rules as defined by the National Association of Insurance Commissioners and filed with the appropriate regulatory bodies.
    
CINF First-Quarter 2022 Supplemental Financial Data
15

The Cincinnati Life Insurance Company
Statutory Statements of Income
For the Three Months Ended March 31,
(Dollars in millions)20222021Change% Change
Net premiums written$80 $87 $(7)(8)
Net investment income43 43 — — 
Commissions and expense allowances on reinsurance ceded1 1 — — 
Income from fees associated with separate accounts1 — 1 nm
Total revenues$125 $131 $(6)(5)
Death benefits and matured endowments$57 $49 $8 16 
Annuity benefits17 14 3 21 
Disability benefits and benefits under accident and health contracts— 1 (1)(100)
Surrender benefits and group conversions6 8 (2)(25)
Interest and adjustments on deposit-type contract funds2 1 1 100 
Increase in aggregate reserves for life and accident and health contracts13 23 (10)(43)
Total benefit expenses$95 $96 $(1)(1)
Commissions$13 $12 $1 8 
General insurance expenses and taxes13 12 1 8 
Increase in loading on deferred and uncollected premiums3 3 — — 
Net transfers from separate accounts(10)— (10)nm
Total underwriting expenses$19 $27 $(8)(30)
Federal and foreign income taxes incurred3 2 1 50 
Net gain from operations before capital gains and losses$8 $6 $2 33 
Gains and losses net of capital gains tax, net— — — — 
Net income (statutory)$8 $6 $2 33 
Policyholders' surplus - statutory$275 $242 $33 14 
Fixed maturities at amortized cost - statutory$3,711 $3,627 $84 2 
*Dollar amounts shown are rounded to millions; certain amounts may not add due to rounding.
*nm - Not meaningful
*Statutory data prepared in accordance with statutory accounting rules as defined by the National Association of Insurance Commissioners and filed with the appropriate regulatory bodies.
CINF First-Quarter 2022 Supplemental Financial Data
16

Quarterly Data - Other
(Dollars in millions)Three months endedSix months endedNine months endedTwelve months ended
12/31/229/30/226/30/223/31/2212/31/219/30/216/30/213/31/216/30/226/30/219/30/229/30/2112/31/2212/31/21
Cincinnati Re:
Written premiums$254 $72 $57 $136 $196 $332 $389 $461 
   Year over year change %- written premium30 %22 %6 %62 %87 %76 %61 %53 %
Earned premiums$110 $102 $104 $94 $92 $186 $290 $392 
Current accident year before catastrophe losses50.6 %61.7 %52.8 %48.5 %42.1 %45.4 %48.0 %51.6 %
Current accident year catastrophe losses— (1.7)78.6 (1.7)35.4 16.7 39.0 28.3 
Prior accident years before catastrophe losses10.9 2.4 (6.8)6.4 3.0 4.7 0.6 1.1 
Prior accident years catastrophe losses5.2 0.3 6.4 (0.1)— (0.1)2.2 1.7 
   Total loss and loss expense ratio66.7 %62.7 %131.0 %53.1 %80.5 %66.7 %89.8 %82.7 %
Cincinnati Global:
Written premiums$51 $52 $47 $47 $41 $88 $135 $187 
   Year over year change %- written premium24 %6 %24 %(11)%11 %(2)%5 %6 %
Earned premiums$32 $45 $69 $32 $32 $64 $133 $178 
Current accident year before catastrophe losses38.3 %39.4 %35.3 %54.4 %30.9 %42.9 %39.0 %39.1 %
Current accident year catastrophe losses16.3 33.6 30.3 27.5 55.8 41.3 35.7 35.1 
Prior accident years before catastrophe losses4.1 (16.9)(4.7)(23.4)(12.0)(17.8)(11.1)(12.5)
Prior accident years catastrophe losses(9.0)(2.0)12.2 (54.0)(31.0)(42.7)(14.4)(11.2)
   Total loss and loss expense ratio49.7 %54.1 %73.1 %4.5 %43.7 %23.7 %49.2 %50.5 %
Noninsurance operations:
Interest and fees on loans and leases$1 $2 $2 $2 $1 $3 $5 $7 
Other revenue1 — 1 1 1 2 3 3 
Interest expense13 14 13 13 13 26 39 53 
Operating expenses4 6 5 5 4 9 14 20 
  Total noninsurance operations loss$(15)$(18)$(15)$(15)$(15)$(30)$(45)$(63)
*Dollar amounts shown are in conformity with GAAP and rounded to millions; certain amounts may not add due to rounding. Ratios are calculated based on whole dollar amounts. The sum of quarterly amounts may not equal the full year as each is computed independently.
*Noninsurance operations include the noninvestment operations of the parent company and a noninsurance subsidiary, CFC Investment Company.
CINF First-Quarter 2022 Supplemental Financial Data
17