Medium- And Long-Term Debt (Tables)

12 Months Ended

Dec. 31, 2015

Debt Disclosure [Abstract]

Schedule Of Medium- And Long-Term Debt

Medium- and long-term debt is summarized as follows:

(in millions)
December 31	2015		2014
Parent company
Subordinated notes:
4.80% subordinated notes due 2015 (a)	$	—	$	304
3.80% subordinated notes due 2026 (a)	259		257
Medium-term notes:
3.00% notes due 2015	—		300
2.125% notes due 2019 (a)	349		347
Total parent company	608		1,208
Subsidiaries
Subordinated notes:
5.75% subordinated notes due 2016 (a) (b)	659		670
5.20% subordinated notes due 2017 (a)	530		548
4.00% subordinated notes due 2025 (a)	351		—
7.875% subordinated notes due 2026 (a)	223		227
Total subordinated notes	1,763		1,445
Medium-term notes:
2.50% notes due 2020 (a)	671		—
Other notes:
6.0% - 6.4% fixed-rate notes due 2015 to 2020	16		22
Total subsidiaries	2,450		1,467
Total medium- and long-term debt	$	3,058	$	2,675

(a) The fixed interest rates on these notes have been swapped to a variable rate and designated in a hedging relationship. Accordingly, carrying value has been adjusted to reflect the change in the fair value of the debt as a result of changes in the benchmark rate.

(b) The fixed interest rate on $250 million of $600 million total par value of these notes have been swapped to a variable rate.

Schedule of Maturities of Medium- and Long-term Debt

At December 31, 2015, the principal maturities of medium- and long-term debt were as follows:

(in millions)
Years Ending December 31
2016	$	650
2017	500
2018	2
2019	357
2020	682
Thereafter	750
Total	$	2,941