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Consolidated Condensed Statements Of Cash Flows (USD $)
In Millions
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Operating Activities:  
Net income$ 1,287$ 1,317
Adjustments to reconcile net income to net cash provided by operating activities, net977640
Changes in operating assets and liabilities, net:  
Reinsurance receivables405(545)
Other receivables(181)(38)
Deferred acquisition costs(28)12
Insurance reserves(5)(563)
Other liabilities(349)28
Trading securities(231)243
Other, net149(110)
Net cash flow operating activities - continuing operations2,024984
Net cash flow operating activities - discontinued operations (89)
Net cash flow operating activities - total2,024895
Investing Activities:  
Purchases of fixed maturities(8,854)(12,981)
Proceeds from sales of fixed maturities5,9129,263
Proceeds from maturities of fixed maturities2,4342,891
Purchases of equity securities(51)(92)
Proceeds from sales of equity securities171215
Purchases of property, plant and equipment(502)(670)
Deposits for construction of offshore drilling equipment(478) 
Sales of property, plant and equipment28789
Change in short term investments1,295629
Change in other investments(314)(552)
Other, net67
Net cash flow investing activities - continuing operations(353)(501)
Net cash flow investing activities - discontinued operations 75
Net cash flow investing activities - total(353)(426)
Financing Activities:  
Dividends paid(76)(79)
Dividends paid to noncontrolling interests(297)(397)
Acquisition of CNA Surety noncontrolling interests(475) 
Purchases of treasury shares(700)(351)
Issuance of common stock45
Proceeds from sale of subsidiary stock172337
Principal payments on debt(1,630)(659)
Issuance of debt1,351645
Other, net(11)(28)
Net cash flow financing activities - continuing operations(1,662)(527)
Net cash flow financing activities - discontinued operations  
Net cash flow financing activities - total(1,662)(527)
Effect of foreign exchange rate on cash(1) 
Net change in cash8(58)
Net cash transactions:  
From continuing operations to discontinued operations (14)
To discontinued operations from continuing operations 14
Cash, beginning of period120190
Cash, end of period128132
Cash, end of period:  
Continuing operations128132
Discontinued operations  
Total$ 128$ 132