XML 101 R24.htm IDEA: XBRL DOCUMENT v2.4.0.6
Unaudited Consolidated Quarterly Financial Data
12 Months Ended
Dec. 31, 2012
Disclosure Unaudited Consolidated Financial Quarterly Data [Abstract]  
UNAUDITED CONSOLIDATED QUARTERLY FINANCIAL DATA

In management's opinion, the following quarterly financial information fairly presents the results of operations for such periods and is prepared on a basis consistent with our annual audited financial statements.
 
(In millions, except for per-share amounts)
March 31,
2012
 
June 30,
2012
 
September 30,
2012
 
December 31,
2012
Premium income
 
$
5,378

 
 
 
$
5,467

 
 
 
$
5,660

 
 
 
$
5,643

 
Net investment income
 
882

 
 
 
845

 
 
 
869

 
 
 
876

 
Realized investment gains (losses)
 
(45
)
 
 
 
(418
)
 
 
 
286

 
 
 
(171
)
 
Other income
 
25

 
 
 
8

 
 
 
32

 
 
 
27

 
Total revenues
 
6,240

 
 
 
5,902

 
 
 
6,847

 
 
 
6,375

 
Total benefits and expenses
 
5,038

 
 
 
5,161

 
 
 
5,367

 
 
 
5,495

 
Earnings before income taxes
 
1,202

 
 
 
741

 
 
 
1,480

 
 
 
880

 
Total income tax
 
417

 
 
 
258

 
 
 
463

 
 
 
299

 
Net earnings
 
$
785

 
 
 
$
483

 
 
 
$
1,017

 
 
 
$
581

 
Net earnings per basic share
 
$
1.68

 
 
 
$
1.04

 
 
 
$
2.17

 
 
 
$
1.24

 
Net earnings per diluted share
 
1.68

 
 
 
1.03

 
 
 
2.16

 
 
 
1.24

 
Quarterly amounts may not agree in total to the corresponding annual amounts due to rounding.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(In millions, except for per-share amounts)
March 31,
2011
 
June 30,
2011
 
September 30,
2011
 
December 31,
2011
Premium income
 
$
4,872

 
 
 
$
4,956

 
 
 
$
5,210

 
 
 
$
5,324

 
Net investment income
 
794

 
 
 
784

 
 
 
843

 
 
 
858

 
Realized investment gains (losses)
 
(579
)
 
 
 
(668
)
 
 
 
(83
)
 
 
 
(223
)
 
Other income
 
30

 
 
 
16

 
 
 
17

 
 
 
20

 
Total revenues
 
5,117

 
 
 
5,088

 
 
 
5,987

 
 
 
5,979

 
Total benefits and expenses
 
4,526

 
 
 
4,644

 
 
 
4,895

 
 
 
5,157

 
Earnings before income taxes
 
591

 
 
 
444

 
 
 
1,092

 
 
 
822

 
Total income tax
 
202

 
 
 
170

 
 
 
356

 
 
 
284

 
Net earnings
 
$
389

 
 
 
$
274

 
 
 
$
736

 
 
 
$
538

 
Net earnings per basic share
 
$
.83

 
 
 
$
.59

 
 
 
$
1.58

 
 
 
$
1.16

 
Net earnings per diluted share
 
.83

 
 
 
.58

 
 
 
1.57

 
 
 
1.15

 

Quarterly amounts may not agree in total to the corresponding annual amounts due to rounding.
Prior-year amounts have been adjusted for the adoption of accounting guidance on January 1, 2012 related to deferred policy acquisition costs.