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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Securities available for sale, at fair value:    
Equity securities (cost $17 in 2014 and 2013) $ 23 $ 21
Securities held to maturity, at amortized cost:    
Fixed maturities 41,134 44,415
Other investments 328 463
Cash and cash equivalents 2,252 2,543
Total investments and cash 114,734 108,459
Receivables 884 1,165
Accrued investment income 826 798
Deferred policy acquisition costs 9,117 8,798
Property and equipment, at cost less accumulated depreciation 482 481
Other 1,828 [1] 1,606 [1]
Total assets 127,871 121,307
Policy liabilities:    
Future policy benefits 73,830 69,136
Unpaid policy claims 3,941 3,763
Unearned premiums 10,715 10,642
Other policyholders’ funds 6,938 5,861
Total policy liabilities 95,424 89,402
Income taxes 4,917 3,718
Payables for return of cash collateral on loaned securities 2,972 5,820
Notes payable 4,925 4,897
Other 2,075 [2] 2,850 [2]
Commitments and contingent liabilities (Note 11)      
Total liabilities 110,313 106,687
Shareholders’ equity:    
Common stock of $.10 par value. In thousands: authorized 1,900,000 shares in 2014 and 2013; issued 667,796 shares in 2014 and 667,046 shares in 2013 67 67
Additional paid-in capital 1,698 1,644
Retained earnings 21,089 19,885
Accumulated other comprehensive income (loss):    
Unrealized foreign currency translation gains (losses) (1,216) (1,505)
Unrealized gain (losses) on investment securities 2,915 1,035
Unrealized gains (losses) on derivatives (11) (12)
Pension liability adjustment (82) (81)
Treasury stock, at average cost (6,902) (6,413)
Total shareholders’ equity 17,558 14,620
Total liabilities and shareholders’ equity 127,871 121,307
Investments Other Than Consolidated Variable Interest Entities
   
Securities available for sale, at fair value:    
Fixed maturities 63,583 53,227
Perpetual securities 2,657 2,479
Securities held to maturity, at amortized cost:    
Fixed maturities 41,035 44,178
Variable Interest Entity, Consolidated
   
Securities available for sale, at fair value:    
Fixed maturities 4,246 4,843
Perpetual securities 511 468
Securities held to maturity, at amortized cost:    
Fixed maturities $ 99 $ 237
[1] Includes $146 in 2014 and $106 in 2013 of derivatives from consolidated variable interest entities
[2] Includes $136 in 2014 and $207 in 2013 of derivatives from consolidated variable interest entities