Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Assets
Short Term Investments	$ 1,845	$ 2,114
Fixed Maturities (cost $36,313 and $35,959)	38,062	37,091
Equity Securities (cost $1,106 and $1,057)	1,969	1,810
Other Invested Assets	1,595	1,598
TOTAL INVESTED ASSETS	43,471	42,613
Cash	55	52
Accrued Investment Income	417	418
Premiums Receivable	2,420	2,284
Reinsurance Recoverable on Unpaid Losses and Loss Expenses	1,729	1,802
Prepaid Reinsurance Premiums	278	290
Deferred Policy Acquisition Costs	1,286	1,255
Deferred Income Tax		47
Goodwill	467	467
Other Assets	1,317	1,205
TOTAL ASSETS	51,440	50,433
Liabilities
Unpaid Losses and Loss Expenses	23,127	23,146
Unearned Premiums	6,588	6,423
Long Term Debt	3,300	3,300
Dividend Payable to Shareholders	122	110
Deferred Income Tax	259
Accrued Expenses and Other Liabilities	1,546	1,357
TOTAL LIABILITIES	34,942	34,336
Shareholders' Equity
Common Stock - $1 Par Value; 371,980,460 Shares	372	372
Paid-In Surplus	129	171
Retained Earnings	22,604	21,902
Accumulated Other Comprehensive Income	1,504	1,035
Treasury Stock, at Cost - 131,496,716 and 123,673,969 Shares	(8,111)	(7,383)
TOTAL SHAREHOLDERS' EQUITY	16,498	16,097
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 51,440	$ 50,433