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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2012
Mar. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES    
Net income $ 86 $ 61
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation, amortization and other non-cash items 11 11
Realized gains on investments, net (13) (12)
Stock-based compensation 4 3
Interest credited to contract holders 9 14
Deferred income tax (benefit) expense 6 (10)
Changes in:    
Investment income receivable 3 2
Premiums and reinsurance receivable (19) (46)
Deferred policy acquisition costs (14) (14)
Other assets (5) (5)
Loss and loss expense reserves 8 39
Life policy reserves 15 28
Unearned premiums 47 33
Other liabilities (10) (70)
Current income tax receivable/payable 20 23
Net cash provided by operating activities 148 57
CASH FLOWS FROM INVESTING ACTIVITIES    
Sale of fixed maturities 6 28
Call or maturity of fixed maturities 195 149
Sale of equity securities 99 133
Purchase of fixed maturities (304) (269)
Purchase of equity securities (96) (66)
Investment in buildings and equipment, net (2) (2)
Investment in finance receivables (9) (9)
Collection of finance receivables 9 6
Change in other invested assets, net 2  
Net cash used in investing activities (100) (30)
CASH FLOWS FROM FINANCING ACTIVITIES    
Payment of cash dividends to shareholders (64) (64)
Proceeds from stock options exercised 1  
Contract holders' funds deposited 31 53
Contract holders' funds withdrawn (28) (22)
Excess tax benefits on share-based compensation 1 3
Other (3) (3)
Net cash used in financing activities (62) (33)
Net change in cash and cash equivalents (14) (6)
Cash and cash equivalents at beginning of year 438 385
Cash and cash equivalents at end of period 424 379
Supplemental disclosures of cash flow information:    
Interest paid      
Income taxes paid   1
Non-cash activities:    
Conversion of securities 3  
Equipment acquired under capital lease obligations $ 6 $ 19