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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
Investments:    
Fixed maturities, available-for-sale, at fair value (amortized cost of $54,478 and $53,805) $ 36,194 $ 36,964
Fixed maturities, at fair value using the fair value option 36 41
Equity securities, at fair value 1,003 0
Equity securities, available-for-sale, at fair value (cost of $0 and $907) 0 1,012
Mortgage loans (net of allowances for loan losses of $1 and $1) 3,355 3,175
Limited partnerships and other alternative investments 1,670 1,588
Other investments 94 96
Short-term investments 3,296 2,270
Total investments 45,648 45,146
Cash 147 180
Premiums receivable and agents’ balances, net 4,001 3,910
Reinsurance recoverables, net 3,912 4,061
Deferred policy acquisition costs 662 650
Deferred income taxes, net 1,282 1,164
Goodwill 1,290 1,290
Property and equipment, net 1,013 1,034
Other intangible assets 669 659
Other assets 2,151 2,230
Assets held for sale 0 164,936
Total assets 60,775 225,260
Liabilities    
Unpaid losses and loss adjustment expenses 32,080 32,287
Reserve for future policy benefits 668 713
Other policyholder funds and benefits payable 784 816
Unearned premiums 5,446 5,322
Short-term debt 413 320
Long-term debt 4,262 4,678
Other liabilities 4,576 5,188
Disposal Group, Including Discontinued Operation, Liabilities 0 162,442
Total liabilities 48,229 211,766
Stockholders' Equity    
Common stock, $0.01 par value — 1,500,000,000 shares authorized, 384,923,222 and 384,923,222 shares issued 4 4
Additional paid-in capital 4,374 4,379
Retained earnings 10,649 9,642
Treasury stock, at cost — 26,563,921 and 28,088,186 shares (1,128) (1,194)
Accumulated other comprehensive income (loss), net of tax (1,353) 663
Total stockholders’ equity 12,546 13,494
Total liabilities and stockholders’ equity $ 60,775 $ 225,260