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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Millions
Jun. 30, 2011
Dec. 31, 2010
Investments    
Fixed maturities, at fair value (amortized cost: 2011-$8,118; 2010-$7,888) $ 8,717 $ 8,383
Equity securities, at fair value (cost: 2011-$2,115; 2010-$2,286) 2,971 3,041
Other invested assets 69 84
Total investments 11,757 11,508
Cash and cash equivalents 313 385
Investment income receivable 120 119
Finance receivable 75 73
Premiums receivable 1,106 1,015
Reinsurance receivable 753 572
Prepaid reinsurance premiums 15 18
Deferred policy acquisition costs 511 488
Land, building and equipment, net, for company use (accumulated depreciation: 2011-$377; 2010-$352) 234 229
Other assets 161 67
Separate accounts 657 621
Total assets 15,702 15,095
Insurance reserves    
Loss and loss expense reserves 4,535 4,200
Life policy reserves 2,148 2,034
Unearned premiums 1,630 1,553
Other liabilities 512 556
Deferred income tax 324 260
Note payable 49 49
Long-term debt 790 790
Separate accounts 657 621
Total liabilities 10,645 10,063
Commitments and contingent liabilities (Note 10)    
SHAREHOLDERS' EQUITY    
Common stock, par value-$2 per share; (authorized: 2011 and 2010-500 million shares; issued: 2011 and 2010-196 million shares) 393 393
Paid-in capital 1,094 1,091
Retained earnings 3,862 3,980
Accumulated other comprehensive income 903 769
Treasury stock at cost (2011-33 million shares and 2010-34 million shares) (1,195) (1,201)
Total shareholders' equity 5,057 5,032
Total liabilities and shareholders' equity $ 15,702 $ 15,095