XML 86 R94.htm IDEA: XBRL DOCUMENT v2.4.1.9
Income Taxes - Summary of Deferred Tax Assets and Liabilities (Detail) (USD $)
In Millions, unless otherwise specified
Dec. 31, 2014
Dec. 31, 2013
Deferred tax assets:    
Property and casualty claim and claim adjustment expense reserves $ 265us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsPolicyholderLiabilities $ 289us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsPolicyholderLiabilities
Unearned premium reserves 187us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsUnearnedPremiumsReserve 178us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsUnearnedPremiumsReserve
Receivables 37us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts 53us-gaap_DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
Employee benefits 432us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits 312us-gaap_DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsEmployeeBenefits
Life settlement contracts 46l_DeferredTaxAssetsLifeSettlementContracts 46l_DeferredTaxAssetsLifeSettlementContracts
Deferred retroactive reinsurance benefit 61l_DeferredTaxAssetsRetroactiveReinsuranceBenefit 66l_DeferredTaxAssetsRetroactiveReinsuranceBenefit
Net operating loss carryforwards 321us-gaap_DeferredTaxAssetsOperatingLossCarryforwards 42us-gaap_DeferredTaxAssetsOperatingLossCarryforwards
Tax credit carryforwards 93us-gaap_DeferredTaxAssetsTaxCreditCarryforwards 27us-gaap_DeferredTaxAssetsTaxCreditCarryforwards
Basis differential in investment in subsidiary 21us-gaap_DeferredTaxAssetsInvestmentInSubsidiaries 23us-gaap_DeferredTaxAssetsInvestmentInSubsidiaries
Discontinued operations   518us-gaap_DeferredTaxAssetParentsBasisInDiscontinuedOperation
Other 161us-gaap_DeferredTaxAssetsOther 200us-gaap_DeferredTaxAssetsOther
Deferred tax assets 1,624us-gaap_DeferredTaxAssetsGross 1,754us-gaap_DeferredTaxAssetsGross
Deferred tax liabilities:    
Deferred acquisition costs (226)us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost (232)us-gaap_DeferredTaxLiabilitiesDeferredExpenseDeferredPolicyAcquisitionCost
Net unrealized gains (469)l_DeferredTaxAssetsLiabilitiesNetUnrealizedGains (361)l_DeferredTaxAssetsLiabilitiesNetUnrealizedGains
Property, plant and equipment (1,132)us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment (1,076)us-gaap_DeferredTaxLiabilitiesPropertyPlantAndEquipment
Basis differential in investment in subsidiary (472)l_DeferredTaxLiabilitiesBasisDifferentialInInvestmentInSubsidiary (564)l_DeferredTaxLiabilitiesBasisDifferentialInInvestmentInSubsidiary
Other liabilities (204)us-gaap_DeferredTaxLiabilitiesOther (198)us-gaap_DeferredTaxLiabilitiesOther
Deferred tax liabilities (2,503)us-gaap_DeferredTaxLiabilities (2,431)us-gaap_DeferredTaxLiabilities
Net deferred tax liability $ (879)us-gaap_DeferredTaxAssetsLiabilitiesNet $ (677)us-gaap_DeferredTaxAssetsLiabilitiesNet