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Consolidated Statement of Earnings (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Revenues:    
Property and casualty insurance premiums $ 603 $ 599
Life, accident and health premiums 105 110
Investment income 322 300
Realized gains (losses) on:    
Securities 44  
Subsidiaries   (3)
Income (loss) of managed investment entities:    
Investment income 29 25
Loss on change in fair value of assets/liabilities (29) (33)
Other income 39 41
Total revenues 1,113 1,039
Costs and Expenses:    
Property and casualty insurance Losses and loss adjustment expenses 344 341
Property and casualty insurance Commissions and other underwriting expenses 211 203
Annuity benefits 130 116
Life, accident and health benefits 92 96
Annuity and supplemental insurance acquisition expenses 47 50
Interest charges on borrowed money 21 21
Expenses of managed investment entities 19 18
Other operating and general expenses 103 92
Total costs and expenses 967 937
Operating earnings before income taxes 146 102
Provision for income taxes 58 48
Net earnings, including noncontrolling interests 88 54
Less: Net earnings (loss) attributable to noncontrolling interests (25) (34)
Net Earnings Attributable to Shareholders 113 88
Earnings Attributable to Shareholders per Common Share:    
Basic $ 1.16 $ 0.84
Diluted $ 1.14 $ 0.83
Average number of Common Shares:    
Basic 97.7 104.6
Diluted 99.4 106.2
Cash dividends per Common Share $ 0.175 $ 0.1625
Supplemental disclosure of Realized gains (losses) on securities:    
Realized gains before impairments 48 10
Losses on securities with impairment (5) (7)
Non-credit portion recognized in other comprehensive income (loss) 1 (3)
Impairment charges recognized in earnings (4) (10)
Total realized gains on securities $ 44