XML 26 R52.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidating Financial Statements (details) - Consolidating Statement of Income (Loss) (Unaudited) (USD $)
In Millions, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Premiums $ 5,529 $ 5,503 $ 11,052 $ 10,874
Net investment income 738 758 1,478 1,537
Fee income 59 74 141 148
Net realized investment gains (losses) 4 19 14 39
Other revenues 29 34 66 68
Total revenues 6,359 6,388 12,751 12,666
Claims and claim adjustment expenses 3,786 5,141 7,150 8,523
Amortization of deferred acquisition costs 976 970 1,947 1,918
General and administrative expenses 893 907 1,777 1,790
Interest expense 96 97 192 193
Total claims and expenses 5,751 7,115 11,066 12,424
Income (loss) before income taxes 608 (727) 1,685 242
Income tax expense (benefit) 109 (363) 380 (233)
Net income (loss) 499 (364) 1,305 475
Other-than-temporary impairment losses, total gains (losses) 11 5 11 7
Other-than-temporary impairment losses, non-credit component of impairments recognized in accumulated other comprehensive income (15) (9) (19) (15)
Other-than-temporary impairment losses (4) (4) (8) (8)
Other net realized investment gains (losses) 8 23 22 47
TPC [Member]
       
Premiums 3,745 3,710 7,488 7,335
Net investment income 507 511 1,001 1,043
Fee income 58 73 140 147
Net realized investment gains (losses) 3 12 15 21
Other revenues 22 27 49 57
Total revenues 4,335 4,333 8,693 8,603
Claims and claim adjustment expenses 2,549 3,431 4,821 5,665
Amortization of deferred acquisition costs 647 641 1,293 1,267
General and administrative expenses 608 591 1,207 1,187
Interest expense 18 18 36 36
Total claims and expenses 3,822 4,681 7,357 8,155
Income (loss) before income taxes 513 (348) 1,336 448
Income tax expense (benefit) 119 (204) 324 (8)
Net income (loss) 394 (144) 1,012 456
Other-than-temporary impairment losses, total gains (losses) (1) (3)   (1)
Other-than-temporary impairment losses, non-credit component of impairments recognized in accumulated other comprehensive income (2)   (6) (5)
Other-than-temporary impairment losses (3) (3) (6) (6)
Other net realized investment gains (losses) 6 15 21 27
Other Subsidiaries [Member]
       
Premiums 1,784 1,793 3,564 3,539
Net investment income 229 245 473 489
Fee income 1 1 1 1
Net realized investment gains (losses) 1 11 (1) 23
Other revenues 7 7 17 11
Total revenues 2,022 2,057 4,054 4,063
Claims and claim adjustment expenses 1,237 1,710 2,329 2,858
Amortization of deferred acquisition costs 329 329 654 651
General and administrative expenses 284 290 566 580
Total claims and expenses 1,850 2,329 3,549 4,089
Income (loss) before income taxes 172 (272) 505 (26)
Income tax expense (benefit) 27 (126) 111 (69)
Net income (loss) 145 (146) 394 43
Other-than-temporary impairment losses, total gains (losses) 12 8 11 8
Other-than-temporary impairment losses, non-credit component of impairments recognized in accumulated other comprehensive income (13) (9) (13) (10)
Other-than-temporary impairment losses (1) (1) (2) (2)
Other net realized investment gains (losses) 2 12 1 25
Travelers [Member]
       
Net investment income 2 2 4 5
Net realized investment gains (losses)   (4)   (5)
Total revenues 2 (2) 4  
General and administrative expenses 1 26 4 23
Interest expense 78 79 156 157
Total claims and expenses 79 105 160 180
Income (loss) before income taxes (77) (107) (156) (180)
Income tax expense (benefit) (37) (33) (55) (156)
Equity in net income (loss) of subsidiaries 539 (290) 1,406 499
Net income (loss) 499 (364) 1,305 475
Other net realized investment gains (losses)   (4)   (5)
Eliminations [Member]
       
Equity in net income (loss) of subsidiaries (539) 290 (1,406) (499)
Net income (loss) $ (539) $ 290 $ (1,406) $ (499)