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Condensed Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
CASH FLOWS FROM OPERATING ACTIVITIES    
NET INCOME $ 264 $ 118
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 20 22
Realized gains on investments, net (55) (19)
Stock-based compensation 10 8
Interest credited to contract holders 22 18
Deferred income tax expense (benefit) 10 (3)
Changes in:    
Investment income receivable (1) 1
Premiums and reinsurance receivable (103) (76)
Deferred policy acquisition costs (39) (26)
Other assets (10) (11)
Loss and loss expense reserves 54 57
Life policy reserves 33 33
Unearned premiums 155 129
Other liabilities (39) 7
Current income tax receivable (70) 7
Net cash provided by operating activities 251 265
CASH FLOWS FROM INVESTING ACTIVITIES    
Sale of fixed maturities 14 28
Call or maturity of fixed maturities 459 360
Sale of equity securities 157 124
Purchase of fixed maturities (666) (603)
Purchase of equity securities (190) (210)
Investment in buildings and equipment, net (3) (4)
Investment in finance receivables (18) (18)
Collection of finance receivables 14 16
Change in other invested assets, net 3 3
Net cash used in investing activities (230) (304)
CASH FLOWS FROM FINANCING ACTIVITIES    
Payment of cash dividends to shareholders (130) (128)
Proceeds from stock options exercised 12 3
Contract holders' funds deposited 45 56
Contract holders' funds withdrawn (55) (62)
Excess tax benefits on stock-based compensation 9 1
Other (7) (6)
Net cash used in financing activities (126) (136)
Net change in cash and cash equivalents (105) (175)
Cash and cash equivalents at beginning of year 487 438
Cash and cash equivalents at end of period 382 263
Supplemental disclosures of cash flow information:    
Interest paid 27 27
Income taxes paid 158 19
Non-cash activities:    
Conversion of securities 54 13
Equipment acquired under capital lease obligations 17 9
Cashless exercise of stock options $ 15 $ 0