XML 105 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Securities available for sale, at fair value:    
Equity securities (cost $22 in 2011 and 2010) $ 25 $ 23
Securities held to maturity, at amortized cost:    
Fixed maturities 47,009 30,084
Other investments 168 135
Cash and cash equivalents 2,249 2,121
Total investments and cash 103,462 88,230
Receivables 680 661
Accrued investment income 802 738
Deferred policy acquisition costs 10,654 9,734
Property and equipment, at cost less accumulated depreciation 617 620
Other 887 [1] 1,056 [1]
Total assets 117,102 101,039
Policy liabilities:    
Future policy benefits 79,278 72,103
Unpaid policy claims 3,981 3,719
Unearned Premiums 1,704 1,197
Other policyholders' funds 9,630 5,437
Total policy liabilities 94,593 82,456
Notes payable 3,285 3,038
Income taxes 2,613 1,969
Payables for return of cash collateral on loaned securities 838 191
Other 2,267 [2] 2,329 [2]
Commitments and contingent liabilities (Note 14)      
Total liabilities 103,596 89,983
Shareholders' equity:    
Common stock of $.10 par value. In thousands: authorized 1,900,000 shares in 2011 and 2010; issued 663,639 shares in 2011 and 662,660 shares in 2010 66 66
Additional paid-in capital 1,408 1,320
Retained earnings 15,583 14,194
Accumulated other comprehensive income (loss):    
Unrealized foreign currency translation gains 1,109 926
Unrealized gains (losses) on investment securities:    
Unrealized gains (losses) on securities not other-than-temporarily impaired 1,143 36
Unrealized gains (losses) on other-than-temporarily impaired securities 0 (3)
Unrealized gains (losses) on derivatives 9 31
Pension liability adjustment (171) (128)
Treasury stock, at average cost (5,641) (5,386)
Total shareholders' equity 13,506 11,056
Total liabilities and shareholders' equity 117,102 101,039
Investments other than Consolidated Variable Interest Entities
   
Securities available for sale, at fair value:    
Fixed maturities 42,222 43,100
Perpetual securities 5,149 5,974
Securities held to maturity, at amortized cost:    
Fixed maturities 46,366 29,470
Variable Interest Entity, Consolidated
   
Securities available for sale, at fair value:    
Fixed maturities 5,350 5,255
Perpetual securities 1,290 1,538
Securities held to maturity, at amortized cost:    
Fixed maturities $ 643 $ 614
[1] Includes $375 in 2011 and $564 in 2010 of derivatives from consolidated variable interest entities
[2] Includes $531 in 2011 and $741 in 2010 of derivatives from consolidated variable interest entities