XML 98 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Millions, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Investments:    
Fixed maturities, available-for-sale, at fair value (amortized cost of $80,690 and $78,978) (includes variable interest entity assets, at fair value, of $265 and $153) $ 60,246 $ 62,357
Fixed maturities, at fair value using the fair value option (includes variable interest entity assets of $344 and $338) 410 844
Equity securities, trading, at fair value (cost of $30,454 and $32,928) 12 19,745
Equity securities, available-for-sale, at fair value (cost of $865 and $1,056) 823 868
Mortgage loans (net of allowances for loan losses of $83 and $102) 5,586 5,598
Policy loans, at outstanding balance 1,420 1,420
Limited partnerships and other alternative investments (includes variable interest entity assets of $6 and $7) 2,902 3,040
Other investments 329 521
Short-term investments (includes variable interest entity assets, at fair value, of $1 as of September 30, 2012) 4,511 4,008
Total investments 76,239 98,401
Cash 1,512 1,428
Premiums receivable and agents' balances, net 3,567 3,465
Reinsurance recoverables, net 22,949 23,330
Deferred policy acquisition costs and present value of future profits 2,026 2,161
Deferred income taxes, net 3,036 3,840
Goodwill 498 498
Property and equipment, net 807 877
Other assets 2,556 2,998
Separate account assets 141,523 140,886
Total assets 254,713 277,884
Liabilities    
Reserve for future policy benefits and unpaid losses and loss adjustment expenses 41,682 41,373
Other policyholder funds and benefits payable 33,475 39,029
Other policyholder funds and benefits payable - international variable annuities 0 19,734
Unearned premiums 5,348 5,225
Short-term Debt 289 438
Long-term Debt 5,819 6,106
Other liabilities (includes variable interest entity liabilities of $420 and $471) 7,149 6,188
Separate account liabilities 141,523 140,886
Total liabilities 235,285 258,979
Stockholders' Equity    
Common stock, $0.01 par value - 1,500,000,000 shares authorized, 469,746,638 and 469,750,171 shares issued 5 5
Additional paid-in capital 9,230 9,894
Retained earnings 10,577 10,683
Treasury stock, at cost - 33,680,760 and 27,211,115 shares (1,546) (1,598)
Accumulated other comprehensive income, net of tax 1,162 [1] (79)
Total stockholders' equity 19,428 18,905
Total liabilities and stockholders' equity 254,713 277,884
Commercial [Member]
   
Investments:    
Mortgage loans (net of allowances for loan losses of $83 and $102) $ 5,586 $ 5,598
[1] Net Unrealized Gain on SecuritiesOTTI Losses in OCINet Gain (Loss) on Cash Flow Hedging InstrumentsForeign Currency Translation AdjustmentsPension and Other Postretirement Plan AdjustmentsTotal AOCIBeginning balance$987$(12)$108$91$(1,253)$(79)OCI before reclassifications1,29976434271,431Amounts reclassified from AOCI(31)(2)(31)(112)(14)(190)Net OCI1,268533(78)131,241Ending balance$2,255$(7)$141$13$(1,240)$1,162