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CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (USD $)
In Millions, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Investments    
Fixed income securities, at fair value (amortized cost $73,379 and $78,786) $ 76,113 $ 79,612
Equity securities, at fair value (cost $4,203 and $4,228) 4,363 4,811
Mortgage loans 7,139 6,679
Limited partnership interests 4,697 3,816
Short-term, at fair value (amortized cost $1,291 and $3,279) 1,291 3,279
Other 2,015 2,286
Total investments 95,618 100,483
Cash 776 562
Premium installment receivables, net 4,920 4,839
Deferred policy acquisition costs 3,871 4,180
Reinsurance recoverables, net 7,251 6,552
Accrued investment income 826 809
Deferred income taxes 722 999
Property and equipment, net 914 921
Goodwill 1,242 874
Other assets 2,069 1,605
Separate Accounts 6,984 8,676
Total assets 125,193 130,500
Liabilities    
Reserve for property-liability insurance claims and claims expense 20,375 19,468
Reserve for life-contingent contract benefits 14,406 13,450
Contractholder funds 42,332 48,195
Unearned premiums 10,057 9,800
Claim payments outstanding 827 737
Other liabilities and accrued expenses 5,978 5,621
Long-term debt 5,908 5,908
Separate Accounts 6,984 8,676
Total liabilities 106,867 111,855
Commitments and Contingent Liabilities (Note 7, 8 and 14)      
Equity    
Preferred stock, $1 par value, 25 million shares authorized, none issued      
Common stock, $.01 par value, 2.0 billion shares authorized and 900 million issued, 501 million and 533 million shares outstanding 9 9
Additional capital paid-in 3,189 3,176
Retained income 31,909 31,558
Deferred ESOP expense (43) (44)
Treasury stock, at cost (399 million and 367 million shares) (16,795) (15,910)
Unrealized net capital gains and losses:    
Unrealized net capital losses on fixed income securities with OTTI (174) (190)
Other unrealized net capital gains and losses 2,041 1,089
Unrealized adjustment to DAC, DSI and insurance reserves (467) 49
Total unrealized net capital gains and losses 1,400 948
Unrealized foreign currency translation adjustments 56 68
Unrecognized pension and other postretirement benefit cost (1,427) (1,188)
Total accumulated other comprehensive income (loss) 29 (172)
Total shareholders' equity 18,298 18,617
Noncontrolling interest 28 28
Total equity 18,326 18,645
Total liabilities and equity $ 125,193 $ 130,500