Investments in fixed maturity securities (Tables)

9 Months Ended

Sep. 30, 2011

Schedule of investments in securities with fixed maturities

Investments in securities with fixed maturities as of September 30, 2011 and December 31, 2010 are summarized by type below (in millions).

	Amortized Cost		Unrealized Gains		Unrealized Losses			Fair Value
September 30, 2011
U.S. Treasury, U.S. government corporations and agencies	$	2,245	$	47	$	—		$	2,292
States, municipalities and political subdivisions		2,938		216		—			3,154
Foreign governments		12,972		286		(62	)		13,196
Corporate bonds		11,142		1,804		(345	)		12,601
Mortgage-backed securities		2,464		357		(16	)		2,805
	$	31,761	$	2,710	$	(423	)	$	34,048
December 31, 2010
U.S. Treasury, U.S. government corporations and agencies	$	2,151	$	48	$	(2	)	$	2,197
States, municipalities and political subdivisions		3,356		225		—			3,581
Foreign governments		11,721		242		(51	)		11,912
Corporate bonds		11,773		2,304		(23	)		14,054
Mortgage-backed securities		2,838		312		(11	)		3,139
	$	31,839	$	3,131	$	(87	)	$	34,883

Investments in fixed maturity securities are reflected in the Consolidated Balance Sheets as follows (in millions).

	September 30,		December 31,
	2011		2010
Insurance and other	$	33,031	$	33,803
Finance and financial products		1,017		1,080
	$	34,048	$	34,883

Schedule of amortized cost and estimated fair value of securities with fixed maturities

The amortized cost and estimated fair value of securities with fixed maturities at September 30, 2011 are summarized below by contractual maturity dates. Actual maturities will differ from contractual maturities because issuers of certain of the securities retain early call or prepayment rights. Amounts are in millions.

	Due in one year or less		Due after one year through five years		Due after five years through ten years		Due after ten years		Mortgage-backed securities		Total
Amortized cost	$	8,466	$	13,848	$	4,503	$	2,480	$	2,464	$	31,761
Fair value		8,591		14,672		4,946		3,034		2,805		34,048