Investments in fixed maturity securities (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of investments in securities with fixed maturities

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

	Amortized Cost		Unrealized Gains		Unrealized Losses			Fair Value
December 31, 2014
U.S. Treasury, U.S. government corporations and agencies	$	2,921	$	14	$	(5	)	$	2,930
States, municipalities and political subdivisions		1,820		93		(1	)		1,912
Foreign governments		12,023		373		(126	)		12,270
Corporate bonds		7,704		1,072		(5	)		8,771
Mortgage-backed securities		1,555		202		(4	)		1,753
	$	26,023	$	1,754	$	(141	)	$	27,636
December 31, 2013
U.S. Treasury, U.S. government corporations and agencies	$	2,650	$	16	$	(8	)	$	2,658
States, municipalities and political subdivisions		2,221		129		(5	)		2,345
Foreign governments		11,001		182		(110	)		11,073
Corporate bonds		10,062		1,190		(15	)		11,237
Mortgage-backed securities		1,830		218		(8	)		2,040
	$	27,764	$	1,735	$	(146	)	$	29,353

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

	December 31,
	2014		2013
Insurance and other	$	27,397	$	28,785
Finance and financial products		239		568
	$	27,636	$	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 December 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	$	7,650	$	11,341	$	2,782	$	2,695	$	1,555	$	26,023
Fair value		7,585		11,994		3,009		3,295		1,753		27,636