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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Securities held to maturity, at amortized cost:    
Fixed maturities $ 33,350 $ 33,459
Other investments 1,450 [1] 294
Cash and cash equivalents 4,859 4,350
Total investments and cash 116,361 105,897
Receivables 669 705
Accrued investment income 754 768
Deferred policy acquisition costs 8,993 8,511
Property and equipment, at cost less accumulated depreciation 433 427
Other [2] 2,609 1,948
Total assets 129,819 118,256
Policy liabilities:    
Future policy benefits 76,106 69,687
Unpaid policy claims 4,045 3,802
Unearned premiums 6,916 7,857
Other policyholders' funds 6,659 6,285
Total policy liabilities 93,726 87,631
Income taxes 5,387 4,340
Payables for return of cash collateral on loaned securities 526 941
Notes payable 5,360 4,971
Other [3] 4,338 2,665
Commitments and contingent liabilities (Note 15)
Total liabilities 109,337 100,548
Shareholders' equity:    
Common stock of $.10 par value. In thousands: authorized 1,900,000 shares in 2016 and 2015; issued 671,249 shares in 2016 and 669,723 shares in 2015 67 67
Additional paid-in capital 1,976 1,828
Retained earnings 25,981 24,007
Accumulated other comprehensive income (loss):    
Unrealized foreign currency translation gains (losses) (1,983) (2,196)
Unrealized gains (losses) on investment securities 4,805 2,986
Unrealized gains (losses) on derivatives (24) (26)
Pension liability adjustment (168) (139)
Treasury stock, at average cost (10,172) (8,819)
Total shareholders' equity 20,482 17,708
Total liabilities and shareholders' equity 129,819 118,256
Investments Other Than Consolidated Variable Interest Entities    
Securities available for sale, at fair value:    
Fixed maturities 68,778 60,795
Perpetual securities 1,425 1,719
Equity securities 265 135
Securities held to maturity, at amortized cost:    
Fixed maturities 33,350 33,459
Variable Interest Entity, Consolidated    
Securities available for sale, at fair value:    
Fixed maturities 4,982 4,554
Perpetual securities 208 228
Equity securities $ 1,044 $ 363
[1] Includes $819 in 2016 of loan receivables from consolidated variable interest entities
[2] Includes $127 in 2016 and $102 in 2015 of derivatives from consolidated variable interest entities
[3] Includes $146 in 2016 and $293 in 2015 of derivatives from consolidated variable interest entities