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Consolidated Balance Sheet (USD $)
In Millions, unless otherwise specified
Dec. 31, 2013
Dec. 31, 2012
Assets:    
Cash and cash equivalents $ 1,639 $ 1,705
Investments:    
Fixed maturities, available for sale at fair value (amortized cost — $25,366 and $22,083) 26,456 24,118
Fixed maturities, trading at fair value 305 321
Equity securities, at fair value (cost — $987 and $778) 1,179 939
Mortgage loans 781 607
Policy loans 238 228
Real estate and other investments 715 531
Total cash and investments 31,313 28,449
Recoverables from reinsurers 3,157 3,750
Prepaid reinsurance premiums 408 471
Agents’ balances and premiums receivable 739 636
Deferred policy acquisition costs 975 550
Assets of managed investment entities 2,888 3,225
Other receivables 854 539
Variable annuity assets (separate accounts) 665 580
Other assets 903 786
Goodwill 185 185
Total assets 42,087 39,171
Liabilities and Equity:    
Unpaid losses and loss adjustment expenses 6,410 6,845
Unearned premiums 1,757 1,651
Annuity benefits accumulated 20,944 17,609
Life, accident and health reserves 2,008 2,059
Payable to reinsurers 508 475
Liabilities of managed investment entities 2,567 2,892
Long-term debt 913 953
Variable annuity liabilities (separate accounts) 665 580
Other liabilities 1,546 1,359
Total liabilities 37,318 34,423
Shareholders’ equity:    
Common Stock, no par value — 200,000,000 shares authorized — 89,513,386 and 88,979,303 shares outstanding 90 89
Capital surplus 1,123 1,063
Retained earnings:    
Appropriated — managed investment entities 49 75
Unappropriated 2,777 2,520
Accumulated other comprehensive income, net of tax 560 831
Total shareholders’ equity 4,599 4,578
Noncontrolling interests 170 170
Total equity 4,769 4,748
Total liabilities and equity $ 42,087 $ 39,171