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Condensed Consolidated Statements of Operations (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues        
Earned premiums $ 3,401 $ 3,518 $ 10,243 $ 10,582
Fee income 1,118 1,192 3,366 3,620
Net investment income (loss):        
Securities available-for-sale and other 1,030 1,062 3,197 3,274
Equity securities, trading 710 (1,890) 1,889 (1,684)
Total net investment income (loss) 1,740 (828) 5,086 1,590
Net realized capital gains (losses):        
Total other-than-temporary impairment (OTTI) losses (59) (71) (201) (221)
OTTI losses recognized in other comprehensive income (OCI) 22 11 37 83
Net OTTI losses recognized in earnings (37) (60) (164) (138)
Net realized capital gains (losses), excluding net OTTI losses recognized in earnings 156 635 (38) 379
Total net realized capital losses 119 575 (202) 241
Other revenues 64 63 184 188
Total revenues 6,442 4,520 18,677 16,221
Benefits, losses and expenses        
Benefits, losses and loss adjustment expenses 3,271 4,006 9,930 11,160
Benefits, losses and loss adjustment expenses - returns credited on international variable annuities 710 (1,889) 1,888 (1,683)
Amortization of deferred policy acquisition costs and present value of future profits 566 1,005 1,441 2,047
Insurance operating costs and other expenses 1,275 1,287 3,896 4,093
Loss on extinguishment of debt 0 0 910 0
Interest expense 109 128 348 384
Total benefits, losses and expenses 5,931 4,537 18,413 16,001
Income from continuing operations before income taxes 511 (17) 264 220
Income tax expense (benefit) 108 (74) (136) (289)
Income from continuing operations, net of tax 403 57 400 509
Income (loss) from discontinued operations, net of tax (2) 3 (4) 85
Net income 401 60 396 594
Preferred stock dividends 10 10 31 31
Net income available to common shareholders $ 391 $ 50 $ 365 $ 563
Income (loss) from continuing operations, net of tax, available to common shareholders per common share        
Basic $ 0.90 $ 0.11 $ 0.84 $ 1.07
Diluted $ 0.83 $ 0.10 $ 0.79 $ 0.99
Net income available to common shareholders per common share        
Basic $ 0.90 $ 0.11 $ 0.83 $ 1.27
Diluted $ 0.83 $ 0.11 $ 0.78 $ 1.17
Cash dividends declared per common share $ 0.10 $ 0.10 $ 0.3 $ 0.3