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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Securities available for sale, at fair value:    
Equity securities (cost $20 in 2012 and $22 in 2011) $ 23 $ 25
Securities held to maturity, at amortized cost:    
Other investments 174 168
Cash and cash equivalents 2,041 2,249
Total investments and cash 118,219 103,462
Receivables 976 680
Accrued investment income 842 802
Deferred policy acquisition costs 9,658 9,789
Property and equipment, at cost less accumulated depreciation 564 617
Other 835 [1] 887 [1]
Total assets 131,094 116,237
Policy liabilities:    
Future policy benefits 76,463 79,278
Unpaid policy claims 4,034 3,981
Unearned premiums 2,158 1,704
Other policyholders' funds 15,294 9,630
Total policy liabilities 97,949 94,593
Income taxes 3,858 2,308
Payables for return of cash collateral on loaned securities 6,277 838
Notes payable 4,352 3,285
Other 2,680 [2] 2,267 [2]
Commitments and contingent liabilities (Note 14)      
Total liabilities 115,116 103,291
Shareholders' equity:    
Common stock of $.10 par value. In thousands: authorized 1,900,000 shares in 2012 and 2011; issued 665,239 shares in 2012 and 663,639 shares in 2011 67 66
Additional paid-in capital 1,505 1,408
Retained earnings 17,387 15,148
Accumulated other comprehensive income (loss):    
Unrealized foreign currency translation gains 333 984
Unrealized gains (losses) on investment securities 2,570 1,143
Unrealized gains (losses) on derivatives (5) 9
Pension liability adjustment (183) (171)
Treasury stock, at average cost (5,696) (5,641)
Total shareholders' equity 15,978 12,946
Total liabilities and shareholders' equity 131,094 116,237
Investments Other Than Consolidated Variable Interest Entities
   
Securities available for sale, at fair value:    
Fixed maturities 51,466 42,222
Perpetual securities 3,728 5,149
Securities held to maturity, at amortized cost:    
Fixed maturities 54,137 46,366
Variable Interest Entity, Consolidated
   
Securities available for sale, at fair value:    
Fixed maturities 5,787 5,350
Perpetual securities 574 1,290
Securities held to maturity, at amortized cost:    
Fixed maturities $ 289 $ 643
[1] Includes $191 in 2012 and $375 in 2011 of derivatives from consolidated variable interest entities
[2] Includes $399 in 2012 and $531 in 2011 of derivatives from consolidated variable interest entities