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Consolidated Balance Sheet (Unaudited) (USD $)
In Millions, unless otherwise specified
Mar. 31, 2014
Dec. 31, 2013
Assets:    
Cash and cash equivalents $ 1,876 $ 1,639
Investments:    
Fixed maturities, available for sale at fair value (amortized cost — $25,984 and $25,366) 27,390 26,456
Fixed maturities, trading at fair value 297 305
Equity securities, at fair value (cost — $1,092 and $987) 1,297 1,179
Mortgage loans 888 781
Policy loans 235 238
Real estate and other investments 744 715
Total cash and investments 32,727 31,313
Recoverables from reinsurers 2,969 3,157
Prepaid reinsurance premiums 438 408
Agents’ balances and premiums receivable 735 739
Deferred policy acquisition costs 890 975
Assets of managed investment entities 2,723 2,888
Other receivables 524 854
Variable annuity assets (separate accounts) 666 665
Other assets 913 903
Goodwill 185 185
Total assets 42,770 42,087
Liabilities and Equity:    
Unpaid losses and loss adjustment expenses 6,134 6,410
Unearned premiums 1,788 1,757
Annuity benefits accumulated 21,744 20,944
Life, accident and health reserves 2,039 2,008
Payable to reinsurers 400 508
Liabilities of managed investment entities 2,413 2,567
Long-term debt 913 913
Variable annuity liabilities (separate accounts) 666 665
Other liabilities 1,700 1,546
Total liabilities 37,797 37,318
Shareholders’ equity:    
Common Stock, no par value — 200,000,000 shares authorized — 89,588,999 and 89,513,386 shares outstanding 90 90
Capital surplus 1,138 1,123
Retained earnings:    
Appropriated — managed investment entities 49 49
Unappropriated 2,842 2,777
Accumulated other comprehensive income, net of tax 677 560
Total shareholders’ equity 4,796 4,599
Noncontrolling interests 177 170
Total equity 4,973 4,769
Total liabilities and equity $ 42,770 $ 42,087