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Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Investments    
Fixed maturities, at fair value (amortized cost: 2012-$8,233; 2011-$8,084) $ 9,116 $ 8,779
Equity securities, at fair value (cost: 2012-$2,315; 2011-$2,162) 3,349 2,956
Other invested assets 68 66
Total investments 12,533 11,801
Cash and cash equivalents 416 438
Investment income receivable 116 119
Finance receivable 76 76
Premiums receivable 1,247 1,087
Reinsurance recoverable 589 622
Prepaid reinsurance premiums 26 24
Deferred policy acquisition costs 491 477
Land, building and equipment, net, for company use (accumulated depreciation: 2012-$390; 2011-$376) 223 227
Other assets 47 93
Separate accounts 715 671
Total assets 16,479 15,635
Insurance reserves    
Loss and loss expense reserves 4,344 4,339
Life policy and investment contract reserves 2,285 2,214
Unearned premiums 1,818 1,633
Other liabilities 573 517
Deferred income tax 453 303
Note payable 104 104
Long-term debt and capital lease obligations 828 821
Separate accounts 715 671
Total liabilities 11,120 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 and outstanding: 2012-197 million shares and 2011-196 million shares) 394 393
Paid-in capital 1,119 1,096
Retained earnings 3,896 3,863
Accumulated other comprehensive income 1,171 901
Treasury stock at cost (2012 and 2011-34 million shares) (1,221) (1,220)
Total shareholders' equity 5,359 5,033
Total liabilities and shareholders' equity $ 16,479 $ 15,635