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Consolidated Statement of Earnings (Unaudited) (USD $)
In Millions, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenues:    
Property and casualty insurance premiums$ 835$ 736$ 2,043$ 1,887
Life, accident and health premiums107112324340
Investment income310296916885
Realized gains (losses) on:    
Securities8572772
Subsidiaries (22)(3)(22)
Income (loss) of managed investment entities:    
Investment income27237868
Gain (loss) on change in fair value of assets/liabilities1(4)(54)(44)
Other income4757136155
Total revenues1,3351,2553,4673,341
Costs and Expenses:    
Property and casualty insurance losses and loss adjustment expenses5494461,3031,052
Property and casualty insurance commissions and other underwriting expenses230222649633
Annuity benefits142114383340
Life, accident and health benefits9090275279
Annuity and supplemental insurance acquisition expenses4847153150
Interest charges on borrowed money21216357
Expenses of managed investment entities17155338
Other operating and general expenses8392269279
Total costs and expenses1,1801,0473,1482,828
Operating earnings before income taxes155208319513
Provision for income taxes4882126199
Net earnings, including noncontrolling interests107126193314
Less: Net earnings (loss) attributable to noncontrolling interests11(6)(41)(32)
Net Earnings Attributable to Shareholders96132234346
Earnings Attributable to Shareholders per Common Share:    
Basic$ 0.96$ 1.22$ 2.28$ 3.14
Diluted$ 0.94$ 1.21$ 2.24$ 3.11
Average number of Common Shares:    
Basic99.7108.2102.3110.1
Diluted101.3109.5104.1111.4
Cash dividends per Common Share$ 0.1625$ 0.1375$ 0.4875$ 0.4125
Supplemental disclosure of Realized gains (losses) on securities:    
Realized gains before impairments186868120
Losses on securities with impairment(6)(8)(23)(42)
Non-credit portion recognized in other comprehensive income (loss)(4)(3)(18)(6)
Impairment charges recognized in earnings(10)(11)(41)(48)
Total realized gains (losses) on securities$ 8$ 57$ 27$ 72