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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Investments    
Fixed maturities, at fair value (amortized cost: 2012-$8,212; 2011-$8,084) $ 8,956 $ 8,779
Equity securities, at fair value (cost: 2012-$2,158; 2011-$2,162) 3,131 2,956
Other invested assets 66 66
Total investments 12,153 11,801
Cash and cash equivalents 424 438
Investment income receivable 116 119
Finance receivable 76 76
Premiums receivable 1,126 1,087
Reinsurance receivable 602 622
Prepaid reinsurance premiums 24 24
Deferred policy acquisition costs 483 477
Land, building and equipment, net, for company use (accumulated depreciation: 2012-$383; 2011-$376) 235 227
Other assets 97 93
Separate accounts 686 671
Total assets 16,022 15,635
Insurance reserves    
Loss and loss expense reserves 4,347 4,339
Life policy and investment contract reserves 2,240 2,214
Unearned premiums 1,680 1,633
Other liabilities 537 517
Deferred income tax 388 303
Note payable 104 104
Long-term debt and capital lease obligation 833 821
Separate accounts 686 671
Total liabilities 10,815 10,602
Commitments and contingent liabilities (Note 13)      
SHAREHOLDERS' EQUITY    
Common stock, par value-$2 per share; (authorized: 2012 and 2011-500 million shares; issued: 2012 and 2011-196 million shares) 393 393
Paid-in capital 1,100 1,096
Retained earnings 3,884 3,863
Accumulated other comprehensive income 1,047 901
Treasury stock at cost (2012-34 million shares and 2011-34 million shares) (1,217) (1,220)
Total shareholders' equity 5,207 5,033
Total liabilities and shareholders' equity $ 16,022 $ 15,635