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CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (USD $)
In Millions, unless otherwise specified
Jun. 30, 2013
Dec. 31, 2012
Investments    
Fixed income securities, at fair value (amortized cost $68,475 and $71,915) $ 71,039 $ 77,017
Equity securities, at fair value (cost $4,237 and $3,577) 4,505 4,037
Mortgage loans 6,413 6,570
Limited partnership interests 4,941 4,922
Short-term, at fair value (amortized cost $2,646 and $2,336) 2,646 2,336
Other 2,771 2,396
Total investments 92,315 97,278
Cash 634 806
Premium installment receivables, net 5,116 5,051
Deferred policy acquisition costs 3,914 3,621
Reinsurance recoverables, net 8,346 8,767
Accrued investment income 773 781
Property and equipment, net 971 989
Goodwill 1,239 1,240
Other assets 1,684 1,804
Separate Accounts 6,488 6,610
Total assets 121,480 126,947
Liabilities    
Reserve for property-liability insurance claims and claims expense 20,989 21,288
Reserve for life-contingent contract benefits 14,242 14,895
Contractholder funds 36,357 39,319
Unearned premiums 10,510 10,375
Claim payments outstanding 745 797
Deferred income taxes 250 597
Other liabilities and accrued expenses 6,055 6,429
Short-term debt 500  
Long-term debt 5,475 6,057
Separate Accounts 6,488 6,610
Total liabilities 101,611 106,367
Commitments and Contingent Liabilities (Note 11)      
Equity    
Preferred stock and additional capital paid-in $1 par value, 25 million shares authorized, 11,500 shares issued and outstanding as of June 30, 2013 and none issued and outstanding as of December 31, 2012, $287.5 aggregate liquidation preference 278  
Common stock, $.01 par value, 2.0 billion shares authorized and 900 million issued, 465 million and 479 million shares outstanding 9 9
Additional capital paid-in 3,105 3,162
Retained income 34,691 33,783
Deferred ESOP expense (39) (41)
Treasury stock, at cost (435 million and 421 million shares) (18,225) (17,508)
Unrealized net capital gains and losses:    
Unrealized net capital gains and losses on fixed income securities with OTTI 36 (11)
Other unrealized net capital gains and losses 1,794 3,614
Unrealized adjustment to DAC, DSI and insurance reserves (179) (769)
Total unrealized net capital gains and losses 1,651 2,834
Unrealized foreign currency translation adjustments 37 70
Unrecognized pension and other postretirement benefit cost (1,638) (1,729)
Total accumulated other comprehensive income 50 1,175
Total shareholders' equity 19,869 20,580
Total liabilities and shareholders' equity $ 121,480 $ 126,947