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Consolidated Statement of Earnings (Unaudited) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues:    
Property and casualty insurance net earned premiums $ 754 $ 687
Life, accident and health net earned premiums 28 30
Net investment income 361 326
Realized gains on securities 19 57
Income (loss) of managed investment entities:    
Investment income 28 34
Gain (loss) on change in fair value of assets/liabilities 0 (8)
Other income 21 22
Total revenues 1,211 1,148
Costs and Expenses:    
Property and casualty insurance: Losses and loss adjustment expenses 429 393
Property and casualty insurance: Commissions and other underwriting expenses 267 251
Annuity benefits 168 134
Life, accident and health benefits 43 40
Annuity and supplemental insurance acquisition expenses 35 36
Interest charges on borrowed money 18 18
Expenses of managed investment entities 20 22
Other expenses 70 79
Total costs and expenses 1,050 973
Earnings before income taxes 161 175
Provision for income taxes 54 62
Net earnings, including noncontrolling interests 107 113
Less: Net earnings (loss) attributable to noncontrolling interests 4 (7)
Net Earnings Attributable to Shareholders 103 120
Earnings Attributable to Shareholders per Common Share:    
Basic (USD per share) $ 1.15 $ 1.34
Diluted (USD per share) $ 1.13 $ 1.32
Average number of Common Shares:    
Basic (shares) 89.6 89.4
Diluted (shares) 91.6 91.0
Cash dividends per Common Share (USD per share) $ 0.22 $ 0.195
Supplemental disclosure of Realized gains on securities:    
Realized gains before impairments 20 57
Losses on securities with impairment (1) 0
Non-credit portion recognized in other comprehensive income (loss) 0 0
Impairment charges recognized in earnings (1) 0
Total realized gains on securities $ 19 $ 57