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Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Investments    
Fixed maturities, at fair value (amortized cost: 2014—$8,609; 2013—$8,638) $ 9,180 $ 9,121
Equity securities, at fair value (cost: 2014—$2,545; 2013—$2,523) 4,426 4,375
Other invested assets 72 68
Total investments 13,678 13,564
Cash and cash equivalents 521 433
Investment income receivable 116 121
Finance receivable 83 85
Premiums receivable 1,396 1,346
Reinsurance recoverable 546 547
Prepaid reinsurance premiums 27 26
Deferred policy acquisition costs 564 565
Land, building and equipment, net, for company use (accumulated depreciation: 2014—$424; 2013—$420) 207 210
Other assets 79 73
Separate accounts 725 692
Total assets 17,942 17,662
Insurance reserves    
Loss and loss expense reserves 4,375 4,311
Life policy and investment contract reserves 2,435 2,390
Unearned premiums 2,035 1,976
Other liabilities 545 611
Deferred income tax 721 673
Note payable 104 104
Long-term debt and capital lease obligations 834 835
Separate accounts 725 692
Total liabilities 11,774 11,592
Commitments and contingent liabilities (Note 12) 0 0
Shareholders' Equity    
Common stock, par value—$2 per share; (authorized: 2014 and 2013—500 million shares; issued: 2014 and 2013—198 million shares) 397 397
Paid-in capital 1,191 1,191
Retained earnings 4,287 4,268
Accumulated other comprehensive income 1,578 1,504
Treasury stock at cost (2014 and 2013—35 million shares) (1,285) (1,290)
Total shareholders' equity 6,168 6,070
Total liabilities and shareholders' equity $ 17,942 $ 17,662