Consolidated Balance Sheets - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Assets
Fixed maturity securities at fair value (amortized cost of $38,240 and $37,253)	$ 42,321	$ 39,572
Equity securities at fair value (cost of $108 and $191)	116	197
Limited partnership investments	2,456	2,548
Other invested assets	35	44
Mortgage loans	629	678
Short term investments	1,423	1,660
Total investments	46,980	44,699
Cash	290	387
Reinsurance receivables (less allowance for uncollectible receivables of $37 and $38)	4,577	4,453
Insurance receivables (less allowance for uncollectible receivables of $46 and $51)	2,235	2,078
Accrued investment income	434	404
Deferred acquisition costs	619	598
Deferred income taxes	221	638
Property and equipment at cost (less accumulated depreciation of $236 and $382)	287	343
Goodwill	146	150
Other assets	1,070	1,295
Total assets	56,859	55,045
Liabilities
Claim and claim adjustment expenses	22,672	22,663
Unearned premiums	3,862	3,671
Future policy benefits	11,219	10,152
Short term debt	0	350
Long term debt	2,709	2,210
Other liabilities (includes $87 and $82 due to Loews Corporation)	4,202	4,243
Total liabilities	44,664	43,289
Stockholders' Equity
Common stock ($2.50 par value; 500,000,000 shares authorized; 273,040,243 shares issued; 273,489,350 and 270,274,361 shares outstanding)	683	683
Additional paid-in capital	2,163	2,153
Retained earnings	9,185	9,313
Accumulated other comprehensive income (loss)	237	(315)
Treasury stock (2,550,893 and 2,765,882 shares), at cost	(73)	(78)
Total stockholders’ equity	12,195	11,756
Total liabilities and stockholders' equity	$ 56,859	$ 55,045