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CONSOLIDATED STATEMENTS OF FINANCIAL POSITION - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
Available-for-sale securities, at fair value:    
Fixed maturities $ 9,980 $ 9,571
Equity securities 740 875
Trading securities, at fair value 2,981 3,223
Limited partnerships 927 979
Other invested assets 22 21
Total investments 14,650 14,669
Cash and cash equivalents 618 514
Premiums receivable from policyholders 1,417 1,281
Reinsurance recoverable 162 161
Deferred income taxes 51 37
Deferred acquisition costs 656 595
Other assets 561 501
Total assets 18,115 17,758
Liabilities    
Losses and loss expense reserves 3,923 3,853
Life policy and deposit contract reserves 1,848 1,812
Unearned premiums 3,109 2,834
Deferred income taxes 283 490
Total liabilities 9,990 9,775
Indemnity shareholders' equity    
Total Indemnity shareholders' equity 750 703
Noncontrolling interest in consolidated entity - Exchange 7,375 7,280
Total equity 8,125 7,983
Total liabilities, shareholders' equity, and noncontrolling interest 18,115 17,758
Indemnity    
Available-for-sale securities, at fair value:    
Fixed maturities 588 564
Equity securities 20 25
Limited partnerships 95 113
Other invested assets 1 1
Total investments 704 703
Cash and cash equivalents 122 92
Deferred income taxes 51 37
Other assets 110 127
Total assets 1,397 1,319
Liabilities    
Other liabilities 644 611
Total liabilities 647 616
Indemnity shareholders' equity    
Additional paid-in-capital 16 16
Accumulated other comprehensive loss (121) (118)
Retained earnings 1,999 1,949
Total contributed capital and retained earnings 1,896 1,849
Treasury stock, at cost, 22,110,132 shares held (1,146) (1,146)
Total Indemnity shareholders' equity 750 703
Total equity 750 703
Total liabilities, shareholders' equity, and noncontrolling interest 1,397 1,319
Exchange    
Available-for-sale securities, at fair value:    
Fixed maturities 9,392 9,007
Equity securities 720 850
Trading securities, at fair value 2,981 3,223
Limited partnerships 832 866
Other invested assets 21 20
Total investments 13,946 13,966
Cash and cash equivalents 496 422
Premiums receivable from policyholders 1,417 1,281
Reinsurance recoverable 162 161
Deferred acquisition costs 656 595
Other assets 451 374
Total assets 17,128 16,799
Liabilities    
Losses and loss expense reserves 3,923 3,853
Life policy and deposit contract reserves 1,848 1,812
Unearned premiums 3,109 2,834
Deferred income taxes 283 490
Other liabilities 183 175
Total liabilities 9,753 9,519
Indemnity shareholders' equity    
Noncontrolling interest in consolidated entity - Exchange 7,375 7,280
Total equity 7,375 7,280
Total liabilities, shareholders' equity, and noncontrolling interest 17,128 16,799
Class A | Indemnity    
Indemnity shareholders' equity    
Common stock 2 2
Class B | Indemnity    
Indemnity shareholders' equity    
Common stock $ 0 $ 0