Investments in fixed maturity securities (Tables)

3 Months Ended

Mar. 31, 2014

Schedule of investments in securities with fixed maturities

Investments in securities with fixed maturities as of March 31, 2014 and December 31, 2013 are summarized by type below (in millions).

	Amortized Cost		Unrealized Gains		Unrealized Losses			Fair Value		Carrying Value
March 31, 2014
Available for sale:
U.S. Treasury, U.S. government corporations and agencies	$	2,926	$	16	$	(7	)	$	2,935	$	2,935
States, municipalities and political subdivisions		2,074		113		(2	)		2,185		2,185
Foreign governments		12,201		221		(85	)		12,337		12,337
Corporate bonds		8,213		1,245		(4	)		9,454		9,454
Mortgage-backed securities		1,769		224		(6	)		1,987		1,987
		27,183		1,819		(104	)		28,898		28,898
Held to maturity:
Wm. Wrigley Jr. Company notes		660		14		—			674		660
	$	27,843	$	1,833	$	(104	)	$	29,572	$	29,558
December 31, 2013
Available for sale:
U.S. Treasury, U.S. government corporations and agencies	$	2,650	$	16	$	(8	)	$	2,658	$	2,658
States, municipalities and political subdivisions		2,221		129		(5	)		2,345		2,345
Foreign governments		11,001		182		(110	)		11,073		11,073
Corporate bonds		9,383		1,190		(15	)		10,558		10,558
Mortgage-backed securities		1,830		218		(8	)		2,040		2,040
		27,085		1,735		(146	)		28,674		28,674
Held to maturity:
Wm. Wrigley Jr. Company notes		679		17		—			696		679
	$	27,764	$	1,752	$	(146	)	$	29,370	$	29,353

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

	March 31, 2014		December 31, 2013
Insurance and other	$	29,101		$28,785
Finance and financial products		457		568
	$	29,558		$29,353

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 March 31, 2014 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	$	7,986	$	12,704	$	2,587	$	2,797	$	1,769	$	27,843
Fair value		8,069		13,431		2,864		3,221		1,987		29,572