Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Assets
Fixed maturity securities at fair value (amortized cost of $38,361 and $37,253)	$ 40,905	$ 39,572
Equity securities at fair value (cost of $106 and $191)	110	197
Limited partnership investments	2,371	2,548
Other invested assets	36	44
Mortgage loans	591	678
Short term investments	1,407	1,660
Total investments	45,420	44,699
Cash	271	387
Reinsurance receivables (less allowance for uncollectible receivables of $37 and $38)	4,416	4,453
Insurance receivables (less allowance for uncollectible receivables of $46 and $51)	2,209	2,078
Accrued investment income	405	404
Deferred acquisition costs	600	598
Deferred income taxes	379	638
Property and equipment at cost (less accumulated depreciation of $254 and $382)	310	343
Goodwill	145	150
Other assets	1,078	1,295
Total assets	55,233	55,045
Liabilities
Claim and claim adjustment expenses	22,343	22,663
Unearned premiums	3,762	3,671
Future policy benefits	10,326	10,152
Short term debt	0	350
Long term debt	2,710	2,210
Other liabilities (includes $50 and $82 due to Loews Corporation)	4,123	4,243
Total liabilities	43,264	43,289
Stockholders' Equity
Common stock ($2.50 par value; 500,000,000 shares authorized; 273,040,243 shares issued; 270,495,998 and 270,274,361 shares outstanding)	683	683
Additional paid-in capital	2,173	2,153
Retained earnings	9,359	9,313
Accumulated other comprehensive income (loss)	(173)	(315)
Treasury stock (2,544,245 and 2,765,882 shares), at cost	(73)	(78)
Total stockholders’ equity	11,969	11,756
Total liabilities and stockholders' equity	$ 55,233	$ 55,045