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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Securities available for sale, at fair value:    
Equity securities (cost $17 in 2014 and 2013) $ 21 $ 21
Securities held to maturity, at amortized cost:    
Fixed maturities 40,858 44,415
Other investments 323 463
Cash and cash equivalents 1,994 2,543
Total investments and cash 110,493 108,459
Receivables 732 1,165
Accrued investment income 774 798
Deferred policy acquisition costs 8,965 8,798
Property and equipment, at cost less accumulated depreciation 481 481
Other 1,847 [1] 1,606 [1]
Total assets 123,292 121,307
Policy liabilities:    
Future policy benefits 71,689 69,136
Unpaid policy claims 3,875 3,763
Unearned premiums 10,779 10,642
Other policyholders’ funds 6,547 5,861
Total policy liabilities 92,890 89,402
Income taxes 4,258 3,718
Payables for return of cash collateral on loaned securities 3,313 5,820
Notes payable 4,913 4,897
Other 2,242 [2] 2,850 [2]
Commitments and contingent liabilities (Note 11)      
Total liabilities 107,616 106,687
Shareholders’ equity:    
Common stock of $.10 par value. In thousands: authorized 1,900,000 shares in 2014 and 2013; issued 667,620 shares in 2014 and 667,046 shares in 2013 67 67
Additional paid-in capital 1,667 1,644
Retained earnings 20,447 19,885
Accumulated other comprehensive income (loss):    
Unrealized foreign currency translation gains (losses) (1,542) (1,505)
Unrealized gain (losses) on investment securities 1,944 1,035
Unrealized gains (losses) on derivatives (13) (12)
Pension liability adjustment (82) (81)
Treasury stock, at average cost (6,812) (6,413)
Total shareholders’ equity 15,676 14,620
Total liabilities and shareholders’ equity 123,292 121,307
Investments Other Than Consolidated Variable Interest Entities
   
Securities available for sale, at fair value:    
Fixed maturities 59,619 53,227
Perpetual securities 2,538 2,479
Securities held to maturity, at amortized cost:    
Fixed maturities 40,615 44,178
Variable Interest Entity, Consolidated
   
Securities available for sale, at fair value:    
Fixed maturities 4,662 4,843
Perpetual securities 478 468
Securities held to maturity, at amortized cost:    
Fixed maturities $ 243 $ 237
[1] Includes $107 in 2014 and $106 in 2013 of derivatives from consolidated variable interest entities
[2] Includes $194 in 2014 and $207 in 2013 of derivatives from consolidated variable interest entities