Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2017	Dec. 31, 2016
Investments:
Fixed maturity securities at fair value (amortized cost of $38,215 and $38,361)	$ 41,487	$ 40,905
Equity securities at fair value (cost of $659 and $106)	695	110
Limited partnership investments	2,369	2,371
Other invested assets	44	36
Mortgage loans	839	591
Short term investments	1,436	1,407
Total investments	46,870	45,420
Cash	355	271
Reinsurance receivables (less allowance for uncollectible receivables of $29 and $37)	4,261	4,416
Insurance receivables (less allowance for uncollectible receivables of $44 and $46)	2,292	2,209
Accrued investment income	411	405
Deferred acquisition costs	634	600
Deferred income taxes	137	379
Property and equipment at cost (less accumulated depreciation of $274 and $254)	326	310
Goodwill	148	145
Other assets	1,133	1,078
Total assets	56,567	55,233
Insurance reserves:
Claim and claim adjustment expenses	22,004	22,343
Unearned premiums	4,029	3,762
Future policy benefits	11,179	10,326
Short term debt	150	0
Long term debt	2,708	2,710
Other liabilities (includes $143 and $50 due to Loews Corporation)	4,253	4,123
Total liabilities	44,323	43,264
Commitments and contingencies (Notes B, F and L)
Stockholders' Equity
Common stock ($2.50 par value; 500,000,000 shares authorized; 273,040,243 shares issued; 271,205,390 and 270,495,998 shares outstanding)	683	683
Additional paid-in capital	2,175	2,173
Retained earnings	9,414	9,359
Accumulated other comprehensive income (loss)	32	(173)
Treasury stock (1,834,853 and 2,544,245 shares), at cost	(60)	(73)
Total stockholders’ equity	12,244	11,969
Total liabilities and stockholders' equity	$ 56,567	$ 55,233