XML 43 R31.htm IDEA: XBRL DOCUMENT v2.4.0.6
Debt (Tables)
3 Months Ended
Mar. 31, 2013
Debt  
Schedule of Debt Instruments

 

 

 

 

Outstanding Balance

 

Stated Interest Rate

 

 

 

March 31,

 

December 31,

 

March 31,

 

December 31,

 

 

 

2013

 

2012

 

2013

 

2012

 

 

 

(in millions)

 

 

 

 

 

Long-term debt:

 

 

 

 

 

 

 

 

 

Senior notes due 2015

 

$

745

(1)

$

750

(1)

5.7

%

5.7

%

Senior notes due 2019

 

343

(1)

347

(1)

7.3

 

7.3

 

Senior notes due 2020

 

807

(1)

812

(1)

5.3

 

5.3

 

Senior notes due 2039

 

200

 

200

 

7.8

 

7.8

 

Junior subordinated notes due 2066

 

294

 

294

 

7.5

 

7.5

 

Total long-term debt

 

2,389

 

2,403

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Short-term borrowings:

 

 

 

 

 

 

 

 

 

Federal Home Loan Bank (“FHLB”) advances

 

300

 

 

0.3

 

 

Repurchase agreements

 

200

 

501

 

0.4

 

0.4

 

Total short-term borrowings

 

500

 

501

 

 

 

 

 

Total

 

$

2,889

 

$

2,904

 

 

 

 

 

 

 

(1) Amounts include adjustments for fair value hedges on the Company’s long-term debt and any unamortized discounts. See Note 12 for information on the Company’s fair value hedges.