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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Securities available for sale, at fair value:    
Equity securities (cost $18 in 2013 and $20 in 2012) $ 22 $ 23
Securities held to maturity, at amortized cost:    
Fixed maturities 43,607 54,426
Other investments 470 174
Cash and cash equivalents 2,749 2,041
Total investments and cash 106,712 118,219
Receivables 950 976
Accrued investment income 775 842
Deferred policy acquisition costs 9,173 9,658
Property and equipment, at cost less accumulated depreciation 510 564
Other 1,798 [1] 835 [1]
Total assets 119,918 131,094
Policy liabilities:    
Future policy benefits 72,744 76,463
Unpaid policy claims 3,853 4,034
Unearned premiums 11,601 11,904
Other policyholders’ funds 5,739 5,319
Total policy liabilities 93,937 97,720
Income taxes 3,255 3,858
Payables for return of cash collateral on loaned securities 628 6,277
Notes payable 4,953 4,352
Other 2,487 [2] 2,909 [2]
Commitments and contingent liabilities (Note 11)      
Total liabilities 105,260 115,116
Shareholders' equity:    
Common stock of $.10 par value. In thousands: authorized 1,900,000 shares in 2013 and 2012; issued 666,493 shares in 2013 and 665,239 shares in 2012 67 67
Additional paid-in capital 1,605 1,505
Retained earnings 19,380 17,387
Accumulated other comprehensive income (loss):    
Unrealized foreign currency translation gains (losses) (418) 333
Unrealized gains (losses) on investment securities 143 2,570
Unrealized gains (losses) on derivatives (8) (5)
Pension liability adjustment (178) (183)
Treasury stock, at average cost (5,933) (5,696)
Total shareholders’ equity 14,658 15,978
Total liabilities and shareholders’ equity 119,918 131,094
Investments Other Than Consolidated Variable Interest Entities
   
Securities available for sale, at fair value:    
Fixed maturities 51,949 51,466
Perpetual securities 2,484 3,728
Securities held to maturity, at amortized cost:    
Fixed maturities 43,351 54,137
Variable Interest Entity, Consolidated
   
Securities available for sale, at fair value:    
Fixed maturities 4,974 5,787
Perpetual securities 457 574
Securities held to maturity, at amortized cost:    
Fixed maturities $ 256 $ 289
[1] Includes $165 in 2013 and $191 in 2012 of derivatives from consolidated variable interest entities
[2] Includes $247 in 2013 and $399 in 2012 of derivatives from consolidated variable interest entities