2022 Q4 Form 10-K Financial Statement

#000092262123000007 Filed on March 01, 2023

View on sec.gov

Income Statement

Concept 2022 Q4 2022 2021 Q4
Revenue $700.6M $2.840B $635.9M
YoY Change 10.17% 7.83% 4.37%
Cost Of Revenue $619.2M $2.464B $574.1M
YoY Change 7.86% 6.39% 5.49%
Gross Profit $81.43M $376.2M $61.83M
YoY Change 31.69% 18.27% -5.02%
Gross Profit Margin 11.62% 13.25% 9.72%
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $45.90M
YoY Change 23.39%
% of Gross Profit 12.2%
Operating Expenses $0.00 $2.464B $0.00
YoY Change -192.63% 6.39% -168.0%
Operating Profit $81.43M $376.2M $61.83M
YoY Change 31.69% 18.27% -5.02%
Interest Expense $526.0K $2.009M $11.29M
YoY Change -95.34% -51.38% -15.78%
% of Operating Profit 0.65% 0.53% 18.25%
Other Income/Expense, Net $243.0K $1.615M -$3.285M
YoY Change -107.4% -133.01% 1542.5%
Pretax Income $81.96M $376.5M $69.83M
YoY Change 17.38% 0.01% -10.71%
Income Tax $16.47M $77.88M $14.79M
% Of Pretax Income 20.1% 20.69% 21.17%
Net Earnings $65.49M $298.6M $55.04M
YoY Change 18.98% 0.24% -12.35%
Net Earnings / Revenue 9.35% 10.51% 8.66%
Basic Earnings Per Share
Diluted Earnings Per Share $1.12 $5.11 $942.4K
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2022 Q4 2022 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $166.4M $166.4M $222.1M
YoY Change -25.1% -25.1% 24.12%
Cash & Equivalents $142.1M $142.1M $183.7M
Short-Term Investments $24.27M $24.27M $38.40M
Other Short-Term Assets $79.20M $79.20M $56.21M
YoY Change 40.91% 40.91% 12.41%
Inventory
Prepaid Expenses
Receivables $524.9M $533.2M $479.1M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $778.8M $778.8M $763.7M
YoY Change 1.97% 1.97% 4.29%
LONG-TERM ASSETS
Property, Plant & Equipment $413.9M $413.9M $374.8M
YoY Change 10.42% 10.42% 33.86%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $943.0M $943.0M $995.4M
YoY Change -5.27% -5.27% -0.95%
Other Assets $43.30M $43.30M $49.27M
YoY Change -12.12% -12.38% 22.91%
Total Long-Term Assets $1.461B $1.461B $1.478B
YoY Change -1.2% -1.2% 6.75%
TOTAL ASSETS
Total Short-Term Assets $778.8M $778.8M $763.7M
Total Long-Term Assets $1.461B $1.461B $1.478B
Total Assets $2.239B $2.239B $2.242B
YoY Change -0.12% -0.12% 5.9%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $165.9M $165.9M $138.3M
YoY Change 19.95% 19.95% -1.2%
Accrued Expenses $95.17M $95.17M $120.4M
YoY Change -20.98% -20.98% -0.47%
Deferred Revenue $36.55M $34.94M
YoY Change 4.61% -5.37%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00 $2.098M
YoY Change -100.0% -100.0% 3.3%
Total Short-Term Liabilities $665.1M $665.1M $630.9M
YoY Change 5.43% 5.43% 0.51%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $91.73M
YoY Change -100.0% -100.0% -2.24%
Other Long-Term Liabilities $29.02M $111.9M $14.34M
YoY Change 102.34% -36.79% 51.86%
Total Long-Term Liabilities $29.02M $111.9M $106.1M
YoY Change -72.64% -58.37% 2.71%
TOTAL LIABILITIES
Total Short-Term Liabilities $665.1M $665.1M $630.9M
Total Long-Term Liabilities $29.02M $111.9M $106.1M
Total Liabilities $791.0M $791.0M $899.6M
YoY Change -12.06% -12.06% -3.17%
SHAREHOLDERS EQUITY
Retained Earnings $2.583B $2.495B
YoY Change 3.53% 4.24%
Common Stock $16.48M $16.50M
YoY Change -0.09% 0.05%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.448B $1.448B $1.342B
YoY Change
Total Liabilities & Shareholders Equity $2.239B $2.239B $2.242B
YoY Change -0.12% -0.12% 5.9%

Cashflow Statement

Concept 2022 Q4 2022 2021 Q4
OPERATING ACTIVITIES
Net Income $65.49M $298.6M $55.04M
YoY Change 18.98% 0.24% -12.35%
Depreciation, Depletion And Amortization $45.90M
YoY Change 23.39%
Cash From Operating Activities $128.0M $366.2M $138.8M
YoY Change -7.72% -9.1% 28.36%
INVESTING ACTIVITIES
Capital Expenditures $16.32M $67.20M -$110.7M
YoY Change -114.74% -145.16% 3359.47%
Acquisitions
YoY Change
Other Investing Activities -$15.61M -$39.72M -$31.63M
YoY Change -50.66% 8.25% 47.8%
Cash From Investing Activities -$31.92M -$106.9M -$142.3M
YoY Change -77.57% -42.36% 478.59%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -51.69M -$300.8M -48.72M
YoY Change 6.11% 54.4% -64.85%
NET CHANGE
Cash From Operating Activities 128.0M $366.2M 138.8M
Cash From Investing Activities -31.92M -$106.9M -142.3M
Cash From Financing Activities -51.69M -$300.8M -48.72M
Net Change In Cash 44.43M -$41.61M -52.29M
YoY Change -184.95% -285.26% -5.09%
FREE CASH FLOW
Cash From Operating Activities $128.0M $366.2M $138.8M
Capital Expenditures $16.32M $67.20M -$110.7M
Free Cash Flow $111.7M $298.9M $249.5M
YoY Change -55.21% -45.8% 124.13%

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58191000 usd
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157000 usd
CY2021 us-gaap Payments To Acquire Other Investments
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CY2020 us-gaap Payments To Acquire Other Investments
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ProceedsFromSaleOfAvailableForSaleSecuritiesDebt
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130401000 usd
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20456000 usd
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ProceedsFromSaleAndMaturityOfOtherInvestments
429000 usd
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1076000 usd
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67204000 usd
CY2021 us-gaap Payments To Acquire Productive Assets
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148800000 usd
CY2020 us-gaap Payments To Acquire Productive Assets
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55528000 usd
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265000 usd
CY2021 us-gaap Proceeds From Sale Of Property Plant And Equipment
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CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
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11631000 usd
CY2021 us-gaap Payments To Acquire Loans Receivable
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6382000 usd
CY2020 us-gaap Payments To Acquire Loans Receivable
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CY2020 us-gaap Proceeds From Collection Of Loans Receivable
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206772000 usd
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192801000 usd
CY2020 us-gaap Payments Of Dividends Common Stock
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272902000 usd
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CY2020 us-gaap Proceeds From Short Term Debt
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CY2020 us-gaap Repayments Of Short Term Debt
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CY2021 us-gaap Repayments Of Secured Debt
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CY2020 us-gaap Repayments Of Secured Debt
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CY2020 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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22462000 usd
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-175499000 usd
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183702000 usd
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161240000 usd
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336739000 usd
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142090000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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183702000 usd
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161240000 usd
CY2022 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
26386000 usd
CY2021 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
12802000 usd
CY2020 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
14214000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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7650000 usd
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3447000 usd
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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CY2022 erie Transfer Between Investment Categories
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CY2021 erie Transfer Between Investment Categories
TransferBetweenInvestmentCategories
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CY2020 erie Transfer Between Investment Categories
TransferBetweenInvestmentCategories
13041000 usd
CY2022 us-gaap Nature Of Operations
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Nature of Operations<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Erie Indemnity Company ("Indemnity", "we", "us", "our") is a publicly held Pennsylvania business corporation that has since its incorporation in 1925 served as the attorney-in-fact for the subscribers (policyholders) at the Erie Insurance Exchange ("Exchange").  The Exchange, which also commenced business in 1925, is a Pennsylvania-domiciled reciprocal insurer that writes property and casualty insurance. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our primary function as attorney-in-fact is to perform policy issuance and renewal services on behalf of the subscribers at the Exchange. We also act as attorney-in-fact on behalf of the Exchange with respect to all claims handling and investment management services, as well as the service provider for all claims handling, life insurance, and investment management services for its insurance subsidiaries, collectively referred to as "administrative services". Acting as attorney-in-fact in these two capacities is done in accordance with a subscriber's agreement (a limited power of attorney) executed individually by each subscriber (policyholder), which appoints us as their common attorney-in-fact to transact certain business on their behalf.  Pursuant to the subscriber's agreement for acting as attorney-in-fact in these two capacities, we earn a management fee calculated as a percentage of the direct and affiliated assumed premiums written by the Exchange.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The policy issuance and renewal services we provide to the Exchange are related to the sales, underwriting and issuance of policies. The sales related services we provide include agent compensation and certain sales and advertising support services. Agent compensation includes scheduled commissions to agents based upon premiums written as well as additional commissions and bonuses to agents, which are earned by achieving targeted measures. Agent compensation comprised approximately 66% of our 2022 policy issuance and renewal expenses. The underwriting services we provide include underwriting and policy processing and comprised approximately 10% of our 2022 policy issuance and renewal expenses. The remaining services we provide include customer service and administrative support. We also provide information technology services that support all the functions listed above that comprised approximately 11% of our 2022 policy issuance and renewal expenses. Included in these expenses are allocations of costs for departments that support these policy issuance and renewal functions.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The Exchange, by virtue of its legal structure as a reciprocal insurer, does not have any employees or officers. Therefore, it enters into contractual relationships by and through an attorney-in-fact. Indemnity serves as the attorney-in-fact on behalf of the Exchange with respect to its administrative services in accordance with the subscriber's agreement. The Exchange's insurance subsidiaries also utilize Indemnity for these services in accordance with the service agreements between each of the subsidiaries and Indemnity. Claims handling services include costs incurred in the claims process, including the adjustment, investigation, defense, recording and payment functions. Life insurance management services include costs incurred in the management and processing of life insurance business. Investment management services are related to investment trading activity, accounting and all other functions attributable to the investment of funds. Included in these expenses are allocations of costs for departments that support these administrative functions. The subscriber's agreement and service agreements provide for reimbursement of amounts incurred for these services to Indemnity. Reimbursements are settled at cost. State insurance regulations require that intercompany service agreements and any material amendments be approved in advance by the state insurance department. </span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Our results of operations are tied to the growth and financial condition of the Exchange. If any events occurred that impaired the Exchange’s ability to grow or sustain its financial condition, including but not limited to reduced financial strength ratings, disruption in the independent agency relationships, significant catastrophe losses, or products not meeting customer demands, the Exchange could find it more difficult to retain its existing business and attract new business. A decline in the business of the Exchange almost certainly would have as a consequence a decline in the total premiums paid and a correspondingly adverse effect on the amount of the management fees we receive. We also have an exposure to a concentration of credit risk related to the unsecured receivables due from the Exchange for its management fee and cost reimbursements. See Note 15, "Concentrations of Credit Risk".</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Risks and uncertainties</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In March 2020, the outbreak of COVID-19 was declared a global pandemic. Post-pandemic conditions have created an inflationary environment which may impact the adequacy of estimated loss reserves and future premium rates of the Exchange in addition to overall financial market volatility, which may impact our investment results. The uncertainty of the current economic environment continues to evolve. We are unable to predict the duration or extent of the financial impacts.</span></div>
CY2022 erie Revenue Performance Obligation Numberof Performance Obligations
RevenuePerformanceObligationNumberofPerformanceObligations
2 obligation
CY2022 erie Revenue Performance Obligation Numberof Performance Obligations
RevenuePerformanceObligationNumberofPerformanceObligations
2 obligation
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;text-decoration:underline">Use of estimates</span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</span></div>
CY2020Q1 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
600000 usd
CY2022 erie Insurance Agency Management Fee Percent
InsuranceAgencyManagementFeePercent
0.25
CY2022 erie Revenue Performance Obligation Numberof Performance Obligations
RevenuePerformanceObligationNumberofPerformanceObligations
2 obligation
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P4Y
CY2022 erie Insurance Agency Management Fee Percent
InsuranceAgencyManagementFeePercent
0.25
CY2022 erie Insurance Agency Management Fee Percent
InsuranceAgencyManagementFeePercent
0.25
CY2022 erie Revenue Performance Obligation Numberof Performance Obligations
RevenuePerformanceObligationNumberofPerformanceObligations
2 obligation
CY2022Q4 us-gaap Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1
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P4Y
CY2022 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
34900000 usd
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ContractWithCustomerLiabilityRevenueRecognized
36900000 usd
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
35900000 usd
CY2022 erie Revenue Performance Obligation Numberof Performance Obligations
RevenuePerformanceObligationNumberofPerformanceObligations
2 obligation
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
24580000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
24089000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
427919000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
403985000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsAmortizedCost
198287000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After Five Through Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveThroughTenYearsFairValue
186693000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsAmortizedCost
310349000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After Ten Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterTenYearsFairValue
279894000 usd
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961135000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
894661000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Losses
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1000000 usd
CY2021Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
1000000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
200000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAllowanceForCreditLoss
100000 usd
CY2022 erie Interest And Dividend Income Operating And Income Loss From Equity Method Investments
InterestAndDividendIncomeOperatingAndIncomeLossFromEquityMethodInvestments
29881000 usd
CY2021 erie Interest And Dividend Income Operating And Income Loss From Equity Method Investments
InterestAndDividendIncomeOperatingAndIncomeLossFromEquityMethodInvestments
63426000 usd
CY2020 erie Interest And Dividend Income Operating And Income Loss From Equity Method Investments
InterestAndDividendIncomeOperatingAndIncomeLossFromEquityMethodInvestments
31214000 usd
CY2022 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
1296000 usd
CY2021 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
1249000 usd
CY2020 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
1461000 usd
CY2022 erie Net Investment Income And Income Loss From Equity Method Investments
NetInvestmentIncomeAndIncomeLossFromEquityMethodInvestments
28585000 usd
CY2021 erie Net Investment Income And Income Loss From Equity Method Investments
NetInvestmentIncomeAndIncomeLossFromEquityMethodInvestments
62177000 usd
CY2020 erie Net Investment Income And Income Loss From Equity Method Investments
NetInvestmentIncomeAndIncomeLossFromEquityMethodInvestments
29753000 usd
CY2022 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
-27286000 usd
CY2021 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
4946000 usd
CY2020 us-gaap Debt And Equity Securities Gain Loss
DebtAndEquitySecuritiesGainLoss
6392000 usd
CY2022 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-13238000 usd
CY2021 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
-186000 usd
CY2020 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
5056000 usd
CY2022 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
-1866000 usd
CY2021 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
-76000 usd
CY2020 us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
-469000 usd
CY2022 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-11372000 usd
CY2021 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
-110000 usd
CY2020 us-gaap Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
5525000 usd
CY2022 erie Debt Securities Available For Sale Sell Before Recovery
DebtSecuritiesAvailableForSaleSellBeforeRecovery
167000 usd
CY2021 erie Debt Securities Available For Sale Sell Before Recovery
DebtSecuritiesAvailableForSaleSellBeforeRecovery
10000 usd
CY2020 erie Debt Securities Available For Sale Sell Before Recovery
DebtSecuritiesAvailableForSaleSellBeforeRecovery
2274000 usd
CY2022 erie Debt Securities Available For Sale Allowance For Credit Loss Recovery Impairment
DebtSecuritiesAvailableForSaleAllowanceForCreditLossRecoveryImpairment
-500000 usd
CY2021 erie Debt Securities Available For Sale Allowance For Credit Loss Recovery Impairment
DebtSecuritiesAvailableForSaleAllowanceForCreditLossRecoveryImpairment
67000 usd
CY2020 erie Debt Securities Available For Sale Allowance For Credit Loss Recovery Impairment
DebtSecuritiesAvailableForSaleAllowanceForCreditLossRecoveryImpairment
-707000 usd
CY2022 erie Available For Sale Debt Securities Impairment Loss Recovery
AvailableForSaleDebtSecuritiesImpairmentLossRecovery
667000 usd
CY2021 erie Available For Sale Debt Securities Impairment Loss Recovery
AvailableForSaleDebtSecuritiesImpairmentLossRecovery
-57000 usd
CY2020 erie Available For Sale Debt Securities Impairment Loss Recovery
AvailableForSaleDebtSecuritiesImpairmentLossRecovery
2981000 usd
CY2022 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
0 usd
CY2021 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
-152000 usd
CY2020 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
297000 usd
CY2022 erie Available For Sale Debt Securities And Financing Receivables Impairment Loss Recoveries
AvailableForSaleDebtSecuritiesAndFinancingReceivablesImpairmentLossRecoveries
-667000 usd
CY2021 erie Available For Sale Debt Securities And Financing Receivables Impairment Loss Recoveries
AvailableForSaleDebtSecuritiesAndFinancingReceivablesImpairmentLossRecoveries
209000 usd
CY2020 erie Available For Sale Debt Securities And Financing Receivables Impairment Loss Recoveries
AvailableForSaleDebtSecuritiesAndFinancingReceivablesImpairmentLossRecoveries
-3278000 usd
CY2022Q4 erie Finite Lived Intangible Assets And Property Plant And Equipment Gross
FiniteLivedIntangibleAssetsAndPropertyPlantAndEquipmentGross
655323000 usd
CY2021Q4 erie Finite Lived Intangible Assets And Property Plant And Equipment Gross
FiniteLivedIntangibleAssetsAndPropertyPlantAndEquipmentGross
571110000 usd
CY2022Q4 erie Accumulated Depreciation Depletionand Amortization Property Plantand Equipmentand Finite Lived Intangible Assets
AccumulatedDepreciationDepletionandAmortizationPropertyPlantandEquipmentandFiniteLivedIntangibleAssets
241449000 usd
CY2021Q4 erie Accumulated Depreciation Depletionand Amortization Property Plantand Equipmentand Finite Lived Intangible Assets
AccumulatedDepreciationDepletionandAmortizationPropertyPlantandEquipmentandFiniteLivedIntangibleAssets
196308000 usd
CY2022Q4 erie Finite Lived Intangible Assets And Property Plant And Equipment Net
FiniteLivedIntangibleAssetsAndPropertyPlantAndEquipmentNet
413874000 usd
CY2021Q4 erie Finite Lived Intangible Assets And Property Plant And Equipment Net
FiniteLivedIntangibleAssetsAndPropertyPlantAndEquipmentNet
374802000 usd
CY2022 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
45900000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
37200000 usd
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
21200000 usd
CY2022 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
50242000 usd
CY2021 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
53041000 usd
CY2020 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
43492000 usd
CY2022 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
39764000 usd
CY2021 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
36824000 usd
CY2020 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
37578000 usd
CY2022 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
54557000 usd
CY2021 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
50275000 usd
CY2020 us-gaap Defined Benefit Plan Expected Return On Plan Assets
DefinedBenefitPlanExpectedReturnOnPlanAssets
49411000 usd
CY2022 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
1443000 usd
CY2021 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
1428000 usd
CY2020 us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
1343000 usd
CY2022 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-7320000 usd
CY2021 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-16106000 usd
CY2020 us-gaap Defined Benefit Plan Amortization Of Gains Losses
DefinedBenefitPlanAmortizationOfGainsLosses
-12125000 usd
CY2022 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
44212000 usd
CY2021 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
57124000 usd
CY2020 us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
45127000 usd
CY2022Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-53948000 usd
CY2021Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-132411000 usd
CY2022Q4 us-gaap Defined Benefit Pension Plan Liabilities Current
DefinedBenefitPensionPlanLiabilitiesCurrent
2724000 usd
CY2021Q4 us-gaap Defined Benefit Pension Plan Liabilities Current
DefinedBenefitPensionPlanLiabilitiesCurrent
2028000 usd
CY2022Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
51224000 usd
CY2021Q4 us-gaap Defined Benefit Pension Plan Liabilities Noncurrent
DefinedBenefitPensionPlanLiabilitiesNoncurrent
130383000 usd
CY2022Q4 us-gaap Defined Benefit Plan Amounts Recognized In Balance Sheet
DefinedBenefitPlanAmountsRecognizedInBalanceSheet
-53948000 usd
CY2021Q4 us-gaap Defined Benefit Plan Amounts Recognized In Balance Sheet
DefinedBenefitPlanAmountsRecognizedInBalanceSheet
-132411000 usd
CY2021Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
1272654000 usd
CY2020Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
1246159000 usd
CY2022 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
50242000 usd
CY2021 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
53041000 usd
CY2022 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
39764000 usd
CY2021 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
36824000 usd
CY2022 us-gaap Defined Benefit Plan Plan Amendments
DefinedBenefitPlanPlanAmendments
1620000 usd
CY2021 us-gaap Defined Benefit Plan Plan Amendments
DefinedBenefitPlanPlanAmendments
4059000 usd
CY2022 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
448330000 usd
CY2021 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
38400000 usd
CY2022 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
32136000 usd
CY2021 us-gaap Defined Benefit Plan Benefit Obligation Benefits Paid
DefinedBenefitPlanBenefitObligationBenefitsPaid
29029000 usd
CY2022Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
883814000 usd
CY2021Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
1272654000 usd
CY2022Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
762180000 usd
CY2021Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
1037820000 usd
CY2022 us-gaap Defined Benefit Plan Benefit Obligation Period Increase Decrease
DefinedBenefitPlanBenefitObligationPeriodIncreaseDecrease
-388800000 usd
CY2022Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.0567
CY2021Q4 us-gaap Defined Benefit Plan Assumptions Used Calculating Benefit Obligation Discount Rate
DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate
0.0316
CY2022Q4 us-gaap Defined Benefit Plan Pension Plan With Projected Benefit Obligation In Excess Of Plan Assets Projected Benefit Obligation
DefinedBenefitPlanPensionPlanWithProjectedBenefitObligationInExcessOfPlanAssetsProjectedBenefitObligation
883814000 usd
CY2021Q4 us-gaap Defined Benefit Plan Pension Plan With Projected Benefit Obligation In Excess Of Plan Assets Projected Benefit Obligation
DefinedBenefitPlanPensionPlanWithProjectedBenefitObligationInExcessOfPlanAssetsProjectedBenefitObligation
1272654000 usd
CY2022Q4 us-gaap Defined Benefit Plan Pension Plan With Projected Benefit Obligation In Excess Of Plan Assets Plan Assets
DefinedBenefitPlanPensionPlanWithProjectedBenefitObligationInExcessOfPlanAssetsPlanAssets
829866000 usd
CY2021Q4 us-gaap Defined Benefit Plan Pension Plan With Projected Benefit Obligation In Excess Of Plan Assets Plan Assets
DefinedBenefitPlanPensionPlanWithProjectedBenefitObligationInExcessOfPlanAssetsPlanAssets
1140243000 usd
CY2021Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
1140243000 usd
CY2020Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
1081061000 usd
CY2022 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
-304005000 usd
CY2021 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
86966000 usd
CY2022 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
25764000 usd
CY2021 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
1245000 usd
CY2022 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
DefinedBenefitPlanPlanAssetsBenefitsPaid
32136000 usd
CY2021 us-gaap Defined Benefit Plan Plan Assets Benefits Paid
DefinedBenefitPlanPlanAssetsBenefitsPaid
29029000 usd
CY2022Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
829866000 usd
CY2022Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
39205000 usd
CY2021Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
1140243000 usd
CY2022Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
69564000 usd
CY2021Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
-27524000 usd
CY2022Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax
12378000 usd
CY2021Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax
12201000 usd
CY2022Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax
-57186000 usd
CY2021Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax
39725000 usd
CY2022 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
89768000 usd
CY2021 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Net Unamortized Gain Loss Arising During Period Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
75091000 usd
CY2022 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-7320000 usd
CY2021 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-16106000 usd
CY2022 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
1443000 usd
CY2021 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
1428000 usd
CY2022 erie Other Comprehensive Income Defined Benefit Plans Amendments During Period Before Tax
OtherComprehensiveIncomeDefinedBenefitPlansAmendmentsDuringPeriodBeforeTax
1620000 usd
CY2021 erie Other Comprehensive Income Defined Benefit Plans Amendments During Period Before Tax
OtherComprehensiveIncomeDefinedBenefitPlansAmendmentsDuringPeriodBeforeTax
4059000 usd
CY2022 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-96911000 usd
CY2021 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Before Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeTax
-88566000 usd
CY2022Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths
33827000 usd
CY2022Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo
36175000 usd
CY2022Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
41731000 usd
CY2022Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive
44904000 usd
CY2022Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter
DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter
276456000 usd
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
16700000 usd
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
16100000 usd
CY2020 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
15800000 usd
CY2022Q4 erie Defined Contribution Plan Number Of Equity Securities Issued By Employer And Related Parties Included In Plan Assets
DefinedContributionPlanNumberOfEquitySecuritiesIssuedByEmployerAndRelatedPartiesIncludedInPlanAssets
100000 shares
CY2021Q4 erie Defined Contribution Plan Number Of Equity Securities Issued By Employer And Related Parties Included In Plan Assets
DefinedContributionPlanNumberOfEquitySecuritiesIssuedByEmployerAndRelatedPartiesIncludedInPlanAssets
200000 shares
CY2022 erie Numberof Executive Incentive Plans
NumberofExecutiveIncentivePlans
2 plan
CY2022 erie Numberof Executive Deferred Compensation Plans
NumberofExecutiveDeferredCompensationPlans
2 plan
CY2022 erie Numberof Director Deferred Compensation Plans
NumberofDirectorDeferredCompensationPlans
2 plan
CY2021Q4 erie Accrued Bonuses And Deferred Compensation Liability Current And Noncurrent
AccruedBonusesAndDeferredCompensationLiabilityCurrentAndNoncurrent
27208000 usd
CY2020Q4 erie Accrued Bonuses And Deferred Compensation Liability Current And Noncurrent
AccruedBonusesAndDeferredCompensationLiabilityCurrentAndNoncurrent
32223000 usd
CY2019Q4 erie Accrued Bonuses And Deferred Compensation Liability Current And Noncurrent
AccruedBonusesAndDeferredCompensationLiabilityCurrentAndNoncurrent
24616000 usd
CY2022 erie Incentive Plans And Deferred Compensation Total Awards And Earnings
IncentivePlansAndDeferredCompensationTotalAwardsAndEarnings
10126000 usd
CY2021 erie Incentive Plans And Deferred Compensation Total Awards And Earnings
IncentivePlansAndDeferredCompensationTotalAwardsAndEarnings
13282000 usd
CY2020 erie Incentive Plans And Deferred Compensation Total Awards And Earnings
IncentivePlansAndDeferredCompensationTotalAwardsAndEarnings
20962000 usd
CY2022 erie Incentive Plan Compensation Total Liabilities Paid
IncentivePlanCompensationTotalLiabilitiesPaid
10413000 usd
CY2021 erie Incentive Plan Compensation Total Liabilities Paid
IncentivePlanCompensationTotalLiabilitiesPaid
16647000 usd
CY2020 erie Incentive Plan Compensation Total Liabilities Paid
IncentivePlanCompensationTotalLiabilitiesPaid
10121000 usd
CY2022Q4 erie Accrued Bonuses And Deferred Compensation Liability Current And Noncurrent
AccruedBonusesAndDeferredCompensationLiabilityCurrentAndNoncurrent
25760000 usd
CY2021Q4 erie Accrued Bonuses And Deferred Compensation Liability Current And Noncurrent
AccruedBonusesAndDeferredCompensationLiabilityCurrentAndNoncurrent
27208000 usd
CY2020Q4 erie Accrued Bonuses And Deferred Compensation Liability Current And Noncurrent
AccruedBonusesAndDeferredCompensationLiabilityCurrentAndNoncurrent
32223000 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
68415000 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
80398000 usd
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
80373000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
9468000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1854000 usd
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-5162000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
77883000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
78544000 usd
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
75211000 usd
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
79055000 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
79045000 usd
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
77388000 usd
CY2022 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-1172000 usd
CY2021 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-501000 usd
CY2020 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-2177000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
77883000 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
78544000 usd
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
75211000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Other
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsOther
16358000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Other
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsOther
15273000 usd
CY2022Q4 us-gaap Deferred Tax Assets Unrealized Losses On Availablefor Sale Securities Gross
DeferredTaxAssetsUnrealizedLossesOnAvailableforSaleSecuritiesGross
15403000 usd
CY2021Q4 us-gaap Deferred Tax Assets Unrealized Losses On Availablefor Sale Securities Gross
DeferredTaxAssetsUnrealizedLossesOnAvailableforSaleSecuritiesGross
0 usd
CY2022Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
3710000 usd
CY2021Q4 us-gaap Deferred Tax Assets Deferred Income
DeferredTaxAssetsDeferredIncome
3963000 usd
CY2022Q4 erie Deferred Tax Assets Net Allowancefor Premium Cancellations
DeferredTaxAssetsNetAllowanceforPremiumCancellations
3405000 usd
CY2021Q4 erie Deferred Tax Assets Net Allowancefor Premium Cancellations
DeferredTaxAssetsNetAllowanceforPremiumCancellations
3330000 usd
CY2022Q4 erie Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions And Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensionsAndPostretirementBenefits
0 usd
CY2021Q4 erie Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions And Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensionsAndPostretirementBenefits
21545000 usd
CY2022Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
3902000 usd
CY2021Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
3484000 usd
CY2022Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
42778000 usd
CY2021Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
47595000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
37682000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
35204000 usd
CY2022Q4 erie Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pension And Other Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensionAndOtherPostretirementBenefits
15473000 usd
CY2021Q4 erie Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pension And Other Postretirement Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensionAndOtherPostretirementBenefits
0 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
1731000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
2458000 usd
CY2022Q4 erie Deferred Tax Liabilities Unrealized Gains On Investments Including Equity Method Investments
DeferredTaxLiabilitiesUnrealizedGainsOnInvestmentsIncludingEquityMethodInvestments
0 usd
CY2021Q4 erie Deferred Tax Liabilities Unrealized Gains On Investments Including Equity Method Investments
DeferredTaxLiabilitiesUnrealizedGainsOnInvestmentsIncludingEquityMethodInvestments
8713000 usd
CY2022Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
1967000 usd
CY2021Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
1075000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
56853000 usd
CY2021Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
47450000 usd
CY2022Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
14075000 usd
CY2021Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
145000 usd
CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0 usd
CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
0 usd
CY2022Q4 erie Number Of Classes Of Common Stock
NumberOfClassesOfCommonStock
2 classofstock
CY2022 erie Insurance Holding Company System Minimum Affiliates
InsuranceHoldingCompanySystemMinimumAffiliates
2 affiliate
CY2022 erie Insurance Holding Company System Minimum Affiliate Insurers
InsuranceHoldingCompanySystemMinimumAffiliateInsurers
1 insurer
CY2022Q4 us-gaap Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
524900000 usd
CY2021Q4 us-gaap Accounts Receivable Related Parties Current
AccountsReceivableRelatedPartiesCurrent
479100000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
600000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
500000 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
298569000 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
297860000 usd
CY2020 us-gaap Net Income Loss
NetIncomeLoss
293304000 usd
CY2022 erie Depreciation Depletion And Amortization1
DepreciationDepletionAndAmortization1
46166000 usd
CY2021 erie Depreciation Depletion And Amortization1
DepreciationDepletionAndAmortization1
37210000 usd
CY2020 erie Depreciation Depletion And Amortization1
DepreciationDepletionAndAmortization1
21195000 usd
CY2022 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
9468000 usd
CY2021 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1854000 usd
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-5162000 usd
CY2022 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
5554000 usd
CY2021 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
11887000 usd
CY2022 us-gaap Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
1998000 usd
CY2020 us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
13108000 usd
CY2022 erie Realized Investment Gains Losses And Impairment Of Investments
RealizedInvestmentGainsLossesAndImpairmentOfInvestments
-27953000 usd
CY2021 erie Realized Investment Gains Losses And Impairment Of Investments
RealizedInvestmentGainsLossesAndImpairmentOfInvestments
2307000 usd
CY2020 erie Realized Investment Gains Losses And Impairment Of Investments
RealizedInvestmentGainsLossesAndImpairmentOfInvestments
3114000 usd
CY2022 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-172000 usd
CY2021 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
13000 usd
CY2020 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
15000 usd
CY2022 erie Accretion Amortization Of Discounts And Premiums Investments And Income Loss From Equity Method Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestmentsAndIncomeLossFromEquityMethodInvestments
-12916000 usd
CY2021 erie Accretion Amortization Of Discounts And Premiums Investments And Income Loss From Equity Method Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestmentsAndIncomeLossFromEquityMethodInvestments
25944000 usd
CY2020 erie Accretion Amortization Of Discounts And Premiums Investments And Income Loss From Equity Method Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestmentsAndIncomeLossFromEquityMethodInvestments
-5878000 usd
CY2022 us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
-1463000 usd
CY2021 us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
-5006000 usd
CY2020 us-gaap Increase Decrease In Deferred Compensation
IncreaseDecreaseInDeferredCompensation
7611000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
45814000 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
-15514000 usd
CY2020 us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
26548000 usd
CY2021 us-gaap Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
157000 usd
CY2020 us-gaap Increase Decrease In Accrued Investment Income Receivable
IncreaseDecreaseInAccruedInvestmentIncomeReceivable
713000 usd
CY2022 us-gaap Increase Decrease In Pension Plan Obligations
IncreaseDecreaseInPensionPlanObligations
15647000 usd
CY2021 us-gaap Increase Decrease In Pension Plan Obligations
IncreaseDecreaseInPensionPlanObligations
52755000 usd
CY2020 us-gaap Increase Decrease In Pension Plan Obligations
IncreaseDecreaseInPensionPlanObligations
41227000 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
25843000 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-12161000 usd
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4771000 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
18993000 usd
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-4823000 usd
CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-14307000 usd
CY2022 us-gaap Increase Decrease In Reserve For Commissions Expense And Taxes
IncreaseDecreaseInReserveForCommissionsExpenseAndTaxes
-29282000 usd
CY2021 us-gaap Increase Decrease In Reserve For Commissions Expense And Taxes
IncreaseDecreaseInReserveForCommissionsExpenseAndTaxes
-8408000 usd
CY2020 us-gaap Increase Decrease In Reserve For Commissions Expense And Taxes
IncreaseDecreaseInReserveForCommissionsExpenseAndTaxes
625000 usd
CY2022 erie Increase Decrease In Accrued Agent Bonuses
IncreaseDecreaseInAccruedAgentBonuses
-25271000 usd
CY2021 erie Increase Decrease In Accrued Agent Bonuses
IncreaseDecreaseInAccruedAgentBonuses
10279000 usd
CY2020 erie Increase Decrease In Accrued Agent Bonuses
IncreaseDecreaseInAccruedAgentBonuses
14105000 usd
CY2022 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
1821000 usd
CY2021 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-3176000 usd
CY2020 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
1422000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
366152000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
402794000 usd
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
342595000 usd

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