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Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Revenues      
Premiums Earned $ 11,644 $ 11,215 $ 11,331
Investment Income 1,644 1,665 1,649
Other Revenues 9 13 13
Realized Investment Gains (Losses), Net      
Total Other-Than-Temporary Impairment Losses on Investments (22) (6) (132)
Other-Than-Temporary Impairment Losses on Investments Recognized in Other Comprehensive Income (1) (5) 20
Other Realized Investment Gains, Net 311 437 135
Total Realized Investment Gains, Net 288 426 23
Total Revenues 13,585 13,319 13,016
Losses and Expenses      
Losses and Loss Expenses 7,407 6,499 6,268
Amortization of Deferred Policy Acquisition Costs 3,225 3,067 3,021
Other Insurance Operating Costs and Expenses 417 425 416
Investment Expenses 39 35 39
Other Expenses 11 15 16
Corporate Expenses 287 290 294
TOTAL LOSSES AND EXPENSES 11,386 10,331 10,054
INCOME BEFORE FEDERAL AND FOREIGN INCOME TAX 2,199 2,988 2,962
Federal and Foreign Income Tax 521 814 779
NET INCOME $ 1,678 $ 2,174 $ 2,183
Net Income Per Share      
Basic $ 5.80 $ 6.81 $ 6.24
Diluted $ 5.76 $ 6.76 $ 6.18