Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2017	Dec. 31, 2016
Assets
Fixed maturity securities at fair value (amortized cost of $38,269 and $38,361)	$ 40,980	$ 40,905
Equity securities at fair value (cost of $112 and $106)	120	110
Limited partnership investments	2,389	2,371
Other invested assets	40	36
Mortgage loans	611	591
Short term investments	1,139	1,407
Total investments	45,279	45,420
Cash	299	271
Reinsurance receivables (less allowance for uncollectible receivables of $38 and $37)	4,395	4,416
Insurance receivables (less allowance for uncollectible receivables of $47 and $46)	2,144	2,209
Accrued investment income	431	405
Deferred acquisition costs	626	600
Deferred income taxes	267	379
Property and equipment at cost (less accumulated depreciation of $255 and $254)	324	310
Goodwill	146	145
Other assets	1,290	1,078
Total assets	55,201	55,233
Liabilities
Claim and claim adjustment expenses	22,260	22,343
Unearned premiums	3,912	3,762
Future policy benefits	10,491	10,326
Short term debt	150	0
Long term debt	2,560	2,710
Other liabilities (includes $41 and $50 due to Loews Corporation)	4,135	4,123
Total liabilities	43,508	43,264
Commitments and contingencies (Notes C and F)
Stockholders' Equity
Common stock ($2.50 par value; 500,000,000 shares authorized; 273,040,243 shares issued; 270,978,126 and 270,495,998 shares outstanding)	683	683
Additional paid-in capital	2,161	2,173
Retained earnings	9,006	9,359
Accumulated other comprehensive income	(92)	(173)
Treasury stock (2,062,117 and 2,544,245 shares), at cost	(65)	(73)
Total stockholders’ equity	11,693	11,969
Total liabilities and stockholders' equity	$ 55,201	$ 55,233