Debt (Tables)

12 Months Ended

Dec. 31, 2011

Debt [Abstract]

Long-Term Debt

	As of December 31,
In millions	2011		2010
6.400% Senior Notes due 2022(1)	$	275	$	281
7.000% Debentures due 2025		56		56
7.150% Debentures due 2027		100		100
6.625% Debentures due 2028		141		141
5.700% Senior Notes due 2034(2)		329		329
		901		907
Less unamortized discount		1		1
Subtotal	$	900	$	906
14% Surplus Notes due 2033(3)		940		945
Total	$	1,840	$	1,851

(1)—Callable on or after August 15, 2006 at 100.00.

(2)—Callable anytime at the greater of 100.00 or the present value of the remaining scheduled payments of principal and interest.

(3)—Callable on January 15, 2013 and every fifth anniversary thereafter at 100.00.

Aggregate Maturity Of Debt Obligations

In millions	2012		2013		2014		2015		2016		After 2016		Total
Corporate debt	$	—	$	—	$	—	$	—	$	—	$	901	$	901
14% Surplus Notes due 2033(1)		—		940		—		—		—		—		940
Total debt obligations due	$	—	$	940	$	—	$	—	$	—	$	901	$	1,841

(1)—Callable on January 15, 2013 and every fifth anniversary thereafter at 100.00.

Principal Payments Due Under Investment Agreement Obligations

In millions	Principal Amount
Maturity date:
2012	$	471
2013		182
2014		140
2015		171
2016		53
Thereafter		671
Total expected principal payments(1)	$	1,688
Less discount and other adjustments(2)		110
Total	$	1,578

(1) — Foreign currency denominated investment agreements are presented in U.S. dollars. Amounts reflect principal due at maturity for investment agreements issued at a discount.

(2) — Includes discounts of $153 million on investment agreements, net fair value adjustments of $33 million and accrued interest of $10 million.

Principal Payments Due Under Medium-Term Note Obligations Based On Contractual Maturity

In millions	Principal Amount
Maturity date:
2012	$	89
2013		41
2014		61
2015		253
2016		123
Thereafter		1,893
Total expected principal payments(1)	$	2,460
Less discount and other adjustments(2)		804
Total	$	1,656

(1) — Foreign currency denominated medium-term notes are presented in U.S. dollars. Amounts reflect principal due at maturity for notes issued at a discount or premium.

(2) — Includes discounts of $773 million and fair value adjustments of $41 million, net of accrued interest of $10 million.

Maturity Of VIE Notes, By Segment

In millions	Structured Finance and International Insurance		Conduits		Total(1)
Maturity date:
2012	$	420	$	—	$	420
2013		382		—		382
2014		304		173		477
2015		761		—		761
2016		560		605		1,165
Thereafter		5,167		325		5,492
Total	$	7,594	$	1,103	$	8,697

(1)—Includes $4.8 billion of VIE notes accounted for at fair value as of December 31, 2011.