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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues        
Property-liability insurance premiums $ 6,972 $ 6,697 $ 20,604 $ 19,993
Life and annuity premiums and contract charges 584 563 1,742 1,675
Net investment income 950 940 2,917 2,977
Realized capital gains and losses:        
Total other-than-temporary impairment losses (96) (39) (178) (195)
Portion of loss recognized in other comprehensive income 8 (7) (7) 16
Net other-than-temporary impairment losses recognized in earnings (88) (46) (185) (179)
Sales and other realized capital gains and losses 47 (26) 637 302
Total realized capital gains and losses (41) (72) 452 123
Total revenues 8,465 8,128 25,715 24,768
Costs and expenses        
Property-liability insurance claims and claims expense 4,427 4,293 13,628 13,442
Life and annuity contract benefits 498 453 1,427 1,354
Interest credited to contractholder funds 317 215 973 959
Amortization of deferred policy acquisition costs 1,026 1,016 2,933 2,937
Operating costs and expenses 937 1,010 3,129 3,023
Restructuring and related charges 13 9 59 25
Loss on extinguishment of debt 9   489  
Interest expense 83 93 280 281
Total costs and expenses 7,310 7,089 22,918 22,021
(Loss) gain on disposition of operations (646) 9 (644) 15
Income from operations before income tax expense 509 1,048 2,153 2,762
Income tax expense 193 325 694 850
Net income 316 723 1,459 1,912
Preferred stock dividends 6   6  
Net income available to common shareholders $ 310 $ 723 $ 1,453 $ 1,912
Earnings per common share:        
Net income available to common shareholders per common share - Basic (in dollars per share) $ 0.67 $ 1.49 $ 3.10 $ 3.89
Weighted average common shares - Basic (in shares) 461.1 485.9 468.2 491.5
Net income available to common shareholders per common share - Diluted (in dollars per share) $ 0.66 $ 1.48 $ 3.07 $ 3.86
Weighted average common shares - Diluted (in shares) 467.1 489.9 473.8 494.7
Cash dividends declared per common share (in dollars per share) $ 0.25 $ 0.22 $ 0.75 $ 0.66