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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, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues        
Property-liability insurance premiums $ 7,307 $ 6,972 $ 21,575 $ 20,604
Life and annuity premiums and contract charges 512 584 1,637 1,742
Net investment income 823 950 2,680 2,917
Realized capital gains and losses:        
Total other-than-temporary impairment losses (53) (96) (177) (178)
Portion of loss recognized in other comprehensive income   8 (2) (7)
Net other-than-temporary impairment losses recognized in earnings (53) (88) (179) (185)
Sales and other realized capital gains and losses 347 47 767 637
Total realized capital gains and losses 294 (41) 588 452
Total revenues 8,936 8,465 26,480 25,715
Costs and expenses        
Property-liability insurance claims and claims expense 4,909 4,427 14,810 13,628
Life and annuity contract benefits 433 498 1,334 1,427
Interest credited to contractholder funds 198 317 717 973
Amortization of deferred policy acquisition costs 1,030 1,026 3,100 2,933
Operating costs and expenses 1,068 937 3,185 3,129
Restructuring and related charges 3 13 13 59
Loss on extinguishment of debt   9 1 489
Interest expense 78 83 249 280
Total costs and expenses 7,719 7,310 23,409 22,918
Loss on disposition of operations (27) (646) (77) (644)
Income from operations before income tax expense 1,190 509 2,994 2,153
Income tax expense 409 193 968 694
Net income 781 316 2,026 1,459
Preferred stock dividends 31 6 75 6
Net income available to common shareholders $ 750 $ 310 $ 1,951 $ 1,453
Earnings per common share:        
Net income available to common shareholders per common share - Basic (in dollars per share) $ 1.77 $ 0.67 $ 4.49 $ 3.10
Weighted average common shares - Basic (in shares) 424.5 461.1 435.0 468.2
Net income available to common shareholders per common share - Diluted (in dollars per share) $ 1.74 $ 0.66 $ 4.42 $ 3.07
Weighted average common shares - Diluted (in shares) 431.2 467.1 441.6 473.8
Cash dividends declared per common share (in dollars per share) $ 0.28 $ 0.25 $ 0.84 $ 0.75