Consolidated Balance Sheet (Unaudited) - USD ($) $ in Millions	Jun. 30, 2016	Dec. 31, 2015
Assets:
Cash and cash equivalents	$ 1,548	$ 1,220
Investments:
Fixed maturities, available for sale at fair value (amortized cost — $32,882 and $31,565)	34,638	32,284
Fixed maturities, trading at fair value	271	254
Equity securities, available for sale at fair value (cost — $1,400 and $1,469)	1,472	1,553
Equity securities, trading at fair value	86	166
Mortgage loans	1,159	1,067
Policy loans	195	201
Real estate and other investments	1,270	991
Total cash and investments	40,639	37,736
Recoverables from reinsurers	2,576	2,636
Prepaid reinsurance premiums	521	480
Agents’ balances and premiums receivable	992	937
Deferred policy acquisition costs	881	1,184
Assets of managed investment entities	4,410	4,047
Other receivables	788	820
Variable annuity assets (separate accounts)	595	608
Other assets	1,132	1,190
Goodwill	199	199
Total assets	52,733	49,837
Liabilities and Equity:
Unpaid losses and loss adjustment expenses	8,203	8,127
Unearned premiums	2,109	2,060
Annuity benefits accumulated	28,596	26,622
Life, accident and health reserves	702	705
Payable to reinsurers	588	591
Liabilities of managed investment entities	4,192	3,781
Long-term debt	998	998
Variable annuity liabilities (separate accounts)	595	608
Other liabilities	1,557	1,575
Total liabilities	47,540	45,067
Shareholders’ equity:
Common Stock, no par value — 200,000,000 shares authorized — 86,850,459 and 87,474,452 shares outstanding	87	87
Capital surplus	1,228	1,214
Retained earnings	3,016	2,987
Accumulated other comprehensive income, net of tax	669	304
Total shareholders’ equity	5,000	4,592
Noncontrolling interests	193	178
Total equity	5,193	4,770
Total liabilities and equity	$ 52,733	$ 49,837