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Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Investments    
Fixed maturities, at fair value (amortized cost: 2013—$8,323; 2012—$8,222) $ 9,169 $ 9,093
Equity securities, at fair value (cost: 2013—$2,416; 2012—$2,369) 3,801 3,373
Other invested assets 67 68
Total investments 13,037 12,534
Cash and cash equivalents 380 487
Investment income receivable 117 115
Finance receivable 76 75
Premiums receivable 1,291 1,214
Reinsurance recoverable 620 615
Prepaid reinsurance premiums 26 26
Deferred policy acquisition costs 491 470
Land, building and equipment, net, for company use (accumulated depreciation: 2013—$398; 2012—$397) 216 217
Other assets 57 61
Separate accounts 726 734
Total assets 17,037 16,548
Insurance reserves    
Loss and loss expense reserves 4,240 4,230
Life policy and investment contract reserves 2,310 2,295
Unearned premiums 1,875 1,792
Other liabilities 578 660
Deferred income tax 588 453
Note payable 104 104
Long-term debt and capital lease obligations 831 827
Separate accounts 726 734
Total liabilities 11,252 11,095
Commitments and contingent liabilities (Note 12) 0 0
SHAREHOLDERS' EQUITY    
Common stock, par value—$2 per share; (authorized: 2013 and 2012—500 million shares; issued and outstanding: 2013 and 2012—197 million shares) 395 394
Paid-in capital 1,146 1,134
Retained earnings 4,109 4,021
Accumulated other comprehensive income 1,362 1,129
Treasury stock at cost (2013 and 2012—34 million shares) (1,227) (1,225)
Total shareholders' equity 5,785 5,453
Total liabilities and shareholders' equity $ 17,037 $ 16,548