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Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Investments    
Fixed maturities, at fair value (amortized cost: 2014—$8,719; 2013—$8,638) $ 9,383 $ 9,121
Equity securities, at fair value (cost: 2014—$2,582; 2013—$2,523) 4,605 4,375
Other invested assets 72 68
Total investments 14,060 13,564
Cash and cash equivalents 462 433
Investment income receivable 116 121
Finance receivable 80 85
Premiums receivable 1,462 1,346
Reinsurance recoverable 526 547
Prepaid reinsurance premiums 26 26
Deferred policy acquisition costs 571 565
Land, building and equipment, net, for company use (accumulated depreciation: 2014—$431; 2013—$420) 203 210
Other assets 98 73
Separate accounts 731 692
Total assets 18,335 17,662
Insurance reserves    
Loss and loss expense reserves 4,444 4,311
Life policy and investment contract reserves 2,454 2,390
Unearned premiums 2,110 1,976
Other liabilities 563 611
Deferred income tax 810 673
Note payable 49 104
Long-term debt and capital lease obligations 831 835
Separate accounts 731 692
Total liabilities 11,992 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 1,198 1,191
Retained earnings 4,299 4,268
Accumulated other comprehensive income 1,732 1,504
Treasury stock at cost (2014—34 million and 2013—35 million shares) (1,283) (1,290)
Total shareholders' equity 6,343 6,070
Total liabilities and shareholders' equity $ 18,335 $ 17,662