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CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
Investments    
Fixed income securities, at fair value (amortized cost $57,775 and $57,201) $ 60,306 $ 57,948
Equity securities, at fair value (cost $4,800 and $4,806) 5,288 5,082
Mortgage loans 4,396 4,338
Limited partnership interests 5,588 4,874
Short-term, at fair value (amortized cost $1,863 and $2,122) 1,863 2,122
Other 3,663 3,394
Total investments 81,104 77,758
Cash 389 495
Premium installment receivables, net 5,799 5,544
Deferred policy acquisition costs 3,886 3,861
Reinsurance recoverables, net 8,922 8,518
Accrued investment income 567 569
Property and equipment, net 1,013 1,024
Goodwill 1,219 1,219
Other assets 2,169 2,010
Separate Accounts 3,469 3,658
Total assets 108,537 104,656
Liabilities    
Reserve for property-liability insurance claims and claims expense 25,450 23,869
Reserve for life-contingent contract benefits 12,228 12,247
Contractholder funds 20,583 21,295
Unearned premiums 12,772 12,202
Claim payments outstanding 934 842
Deferred income taxes 935 90
Other liabilities and accrued expenses 6,122 5,304
Long-term debt 5,110 5,124
Separate Accounts 3,469 3,658
Total liabilities 87,603 84,631
Commitments and Contingent Liabilities (Note 10)
Shareholders’ equity    
Preferred stock and additional capital paid-in, $1 par value, 25 million shares authorized, 72.2 thousand shares issued and outstanding, and $1,805 aggregate liquidation preference 1,746 1,746
Common stock, $.01 par value, 2.0 billion shares authorized and 900 million issued, 368 million and 381 million shares outstanding 9 9
Additional capital paid-in 3,237 3,245
Retained income 39,990 39,413
Deferred ESOP expense (13) (13)
Treasury stock, at cost (532 million and 519 million shares) (24,537) (23,620)
Unrealized net capital gains and losses:    
Unrealized net capital gains and losses on fixed income securities with OTTI 56 56
Other unrealized net capital gains and losses 1,902 608
Unrealized adjustment to DAC, DSI and insurance reserves (141) (44)
Total unrealized net capital gains and losses 1,817 620
Unrealized foreign currency translation adjustments (48) (60)
Unrecognized pension and other postretirement benefit cost (1,267) (1,315)
Total accumulated other comprehensive income (loss) 502 (755)
Total shareholders’ equity 20,934 20,025
Total liabilities and shareholders’ equity $ 108,537 $ 104,656