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CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (USD $)
In Millions, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Investments    
Fixed income securities, at fair value (amortized cost $71,915 and $73,379) $ 77,017 $ 76,113
Equity securities, at fair value (cost $3,577 and $4,203) 4,037 4,363
Mortgage loans 6,570 7,139
Limited partnership interests 4,922 4,697
Short-term, at fair value (amortized cost $2,336 and $1,291) 2,336 1,291
Other 2,396 2,015
Total investments 97,278 95,618
Cash 806 776
Premium installment receivables, net 5,051 4,920
Deferred policy acquisition costs 3,621 3,871
Reinsurance recoverables, net 8,767 7,251
Accrued investment income 781 826
Deferred income taxes   722
Property and equipment, net 989 914
Goodwill 1,240 1,242
Other assets 1,804 2,069
Separate Accounts 6,610 6,984
Total assets 126,947 125,193
Liabilities    
Reserve for property-liability insurance claims and claims expense 21,288 20,375
Reserve for life-contingent contract benefits 14,895 14,406
Contractholder funds 39,319 42,332
Unearned premiums 10,375 10,057
Claim payments outstanding 797 827
Deferred income taxes 597  
Other liabilities and accrued expenses 6,429 5,978
Long-term debt 6,057 5,908
Separate Accounts 6,610 6,984
Total liabilities 106,367 106,867
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, 479 million and 501 million shares outstanding 9 9
Additional capital paid-in 3,162 3,189
Retained income 33,783 31,909
Deferred ESOP expense (41) (43)
Treasury stock, at cost (421 million and 399 million shares) (17,508) (16,795)
Unrealized net capital gains and losses:    
Unrealized net capital losses on fixed income securities with OTTI (11) (174)
Other unrealized net capital gains and losses 3,614 2,041
Unrealized adjustment to DAC, DSI and insurance reserves (769) (467)
Total unrealized net capital gains and losses 2,834 1,400
Unrealized foreign currency translation adjustments 70 56
Unrecognized pension and other postretirement benefit cost (1,729) (1,427)
Total accumulated other comprehensive income 1,175 29
Total shareholders' equity 20,580 18,298
Noncontrolling interest   28
Total equity 20,580 18,326
Total liabilities and equity $ 126,947 $ 125,193