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Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Securities available for sale, at fair value:    
Equity securities (cost $15 in 2014 and $17 in 2013) $ 23 $ 21
Securities held to maturity, at amortized cost:    
Fixed maturities 37,743 44,415
Other Investments 4,001 463
Cash and cash equivalents 2,666 2,543
Total investments and cash 114,691 108,459
Receivables 870 1,165
Accrued investment income 770 798
Deferred policy acquisition costs 8,713 8,798
Property and equipment, at cost less accumulated depreciation 449 481
Other 1,760 [1] 1,606 [1]
Total assets 127,253 121,307
Policy liabilities:    
Future policy benefits 70,062 69,136
Unpaid policy claims 3,829 3,763
Unearned premiums 9,742 10,642
Other policyholders’ funds 6,567 5,861
Total policy liabilities 90,200 89,402
Income taxes 4,469 3,718
Payables for return of cash collateral on loaned securities 7,025 5,820
Notes payable 4,558 4,897
Other 3,148 [2] 2,850 [2]
Commitments and contingent liabilities (Note 11)      
Total liabilities 109,400 106,687
Shareholders’ equity:    
Common stock of $.10 par value. In thousands: authorized 1,900,000 shares in 2014 and 2013; issued 667,967 shares in 2014 and 667,046 shares in 2013 67 67
Additional paid-in capital 1,726 1,644
Retained earnings 21,628 19,885
Accumulated other comprehensive income (loss):    
Unrealized foreign currency translation gains (losses) (1,805) (1,505)
Unrealized gain (losses) on investment securities 3,402 1,035
Unrealized gains (losses) on derivatives (17) (12)
Pension liability adjustment (80) (81)
Treasury stock, at average cost (7,068) (6,413)
Total shareholders’ equity 17,853 14,620
Total liabilities and shareholders’ equity 127,253 121,307
Investments Other Than Consolidated Variable Interest Entities
   
Securities available for sale, at fair value:    
Fixed maturities 63,100 53,227
Perpetual securities 2,543 2,479
Securities held to maturity, at amortized cost:    
Fixed maturities 37,652 44,178
Variable Interest Entity, Consolidated
   
Securities available for sale, at fair value:    
Fixed maturities 4,132 4,843
Perpetual securities 483 468
Securities held to maturity, at amortized cost:    
Fixed maturities $ 91 $ 237
[1] Includes $98 in 2014 and $106 in 2013 of derivatives from consolidated variable interest entities
[2] Includes $190 in 2014 and $207 in 2013 of derivatives from consolidated variable interest entities