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Debt (tables)
12 Months Ended
Dec. 31, 2016
Debt disclosure  
Debt outstanding [Table Text Block]

(at December 31, in millions)
  2016   2015  

Short-term:

             

Commercial paper

  $ 100   $ 100  

5.75% Senior notes due December 15, 2017

    450      

6.25% Senior notes due June 20, 2016

        400  

Total short-term debt

    550     500  

Long-term:

             

5.75% Senior notes due December 15, 2017

        450  

5.80% Senior notes due May 15, 2018

    500     500  

5.90% Senior notes due June 2, 2019

    500     500  

3.90% Senior notes due November 1, 2020

    500     500  

7.75% Senior notes due April 15, 2026

    200     200  

7.625% Junior subordinated debentures due December 15, 2027

    125     125  

6.375% Senior notes due March 15, 2033

    500     500  

6.75% Senior notes due June 20, 2036

    400     400  

6.25% Senior notes due June 15, 2037

    800     800  

5.35% Senior notes due November 1, 2040

    750     750  

4.60% Senior notes due August 1, 2043

    500     500  

4.30% Senior notes due August 25, 2045

    400     400  

8.50% Junior subordinated debentures due December 15, 2045

    56     56  

3.75% Senior notes dues May 15, 2046

    500      

8.312% Junior subordinated debentures due July 1, 2046

    73     73  

6.25% Fixed-to-floating rate junior subordinated debentures due March 15, 2067

    107     107  

Total long-term debt

    5,911     5,861  

Total debt principal

    6,461     6,361  

Unamortized fair value adjustment

    47     49  

Unamortized debt issuance costs

    (71 )   (66 )

Total debt

  $ 6,437   $ 6,344  
Merger-related unamortized fair value adjustments and the related effective interest rate [Table Text Block]

 
   
   
  Unamortized
Fair Value
Purchase
Adjustment at
December 31,
   
 
 
   
   
  Effective
Interest Rate
to Maturity
 
(in millions)
  Issue Rate   Maturity Date   2016   2015  

Subordinated debentures

    7.625 %   Dec. 2027   $ 14   $ 15     6.147 %

    8.500 %   Dec. 2045     15     15     6.362 %

    8.312 %   Jul. 2046     18     19     6.362 %

Total

              $ 47   $ 49