XML 16 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
Securities held to maturity, at amortized cost:    
Fixed maturities $ 31,998 $ 33,350
Other Investments [1] 2,358 1,450
Cash and cash equivalents 4,927 4,859
Total investments and cash 122,489 116,361
Receivables 937 669
Accrued investment income 730 754
Deferred policy acquisition costs 9,413 8,993
Property and equipment, at cost less accumulated depreciation 439 433
Other [2] 2,075 2,609
Total assets 136,083 129,819
Policy Liabilities:    
Future policy benefits 81,116 76,106
Unpaid policy claims 4,368 4,045
Unearned premiums 6,262 6,916
Other policyholders’ funds 6,967 6,659
Total policy liabilities 98,713 93,726
Income Taxes 6,195 5,387
Payables for return of cash collateral on loaned securities 522 526
Notes payable 5,248 5,360
Other [3] 3,428 4,338
Total liabilities 114,106 109,337
Shareholders’ equity:    
Common stock of $.10 par value. In thousands: authorized 1,900,000 shares in 2017 and 2016; issued 672,669 shares in 2017 and 671,249 shares in 2016 67 67
Additional paid-in capital 2,077 1,976
Retained earnings 27,489 25,981
Accumulated other comprehensive income (loss):    
Unrealized foreign currency translation gains (losses) (1,715) (1,983)
Unrealized gain (losses) on investment securities 5,437 4,805
Unrealized gains (losses) on derivatives (23) (24)
Pension liability adjustment (168) (168)
Treasury stock, at average cost (11,187) (10,172)
Total shareholders’ equity 21,977 20,482
Total liabilities and shareholders’ equity 136,083 129,819
Variable Interest Entity, Consolidated    
Securities available for sale, at fair value:    
Fixed maturities 5,224 4,982
Perpetual securities 211 208
Equity securities 690 1,044
Securities held to maturity, at amortized cost:    
Other Investments [4] 1,500 819
Policy Liabilities:    
Total liabilities 132 146
Investments Other Than Consolidated Variable Interest Entities    
Securities available for sale, at fair value:    
Fixed maturities 75,191 68,778
Perpetual securities 1,652 1,425
Equity securities 238 265
Securities held to maturity, at amortized cost:    
Fixed maturities $ 31,998 $ 33,350
[1] Includes $1,500 in 2017 and $819 in 2016 of loan receivables and limited partnerships from consolidated variable interest entities
[2] Includes $148 in 2017 and $127 in 2016 of derivatives from consolidated variable interest entities
[3] Includes $132 in 2017 and $146 in 2016 of derivatives from consolidated variable interest entities
[4] Consists of CMLs, MMLs, and alternative investments in limited partnerships