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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
Securities held to maturity, at amortized cost:    
Fixed maturities $ 34,401 $ 33,350
Other Investments [1] 1,701 1,450
Cash and cash equivalents 4,205 4,859
Total investments and cash 120,503 116,361
Receivables 618 669
Accrued investment income 723 754
Deferred policy acquisition costs 9,255 8,993
Property and equipment, at cost less accumulated depreciation 444 433
Other [2] 2,107 2,609
Total assets 133,650 129,819
Insurance Loss Reserves [Abstract]    
Future policy benefits 79,624 76,106
Unpaid policy claims 4,230 4,045
Unearned premiums 6,825 6,916
Other policyholders’ funds 6,945 6,659
Total policy liabilities 97,624 93,726
Income Taxes 5,626 5,387
Payables for return of cash collateral on loaned securities 1,482 526
Notes payable 5,250 5,360
Other [3] 3,328 4,338
Total liabilities 113,310 109,337
Shareholders’ equity:    
Common stock of $.10 par value. In thousands: authorized 1,900,000 shares in 2017 and 2016; issued 671,683 shares in 2017 and 671,249 shares in 2016 67 67
Additional paid-in capital 2,008 1,976
Retained earnings 26,400 25,981
Accumulated other comprehensive income (loss):    
Unrealized foreign currency translation gains (losses) (1,650) (1,983)
Unrealized gain (losses) on investment securities 4,474 4,805
Unrealized gains (losses) on derivatives (22) (24)
Pension liability adjustment (170) (168)
Treasury stock, at average cost (10,767) (10,172)
Total shareholders’ equity 20,340 20,482
Total liabilities and shareholders’ equity 133,650 129,819
Investments Other Than Consolidated Variable Interest Entities    
Securities available for sale, at fair value:    
Fixed maturities 72,113 68,778
Perpetual securities 1,555 1,425
Equity securities 271 265
Securities held to maturity, at amortized cost:    
Fixed maturities 34,401 33,350
Variable Interest Entity, Consolidated    
Securities available for sale, at fair value:    
Fixed maturities 4,964 4,982
Perpetual securities 215 208
Equity securities $ 1,078 $ 1,044
[1] Includes $926 in 2017 and $819 in 2016 of loan receivables from consolidated variable interest entities
[2] Includes $146 in 2017 and $127 in 2016 of derivatives from consolidated variable interest entities
[3] Includes $125 in 2017 and $146 in 2016 of derivatives from consolidated variable interest entities