XML 22 R6.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Cash Flows from Operating Activities [Abstract]    
Net Income $ 910 $ 928
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities [Abstract]    
Increase in Unpaid Losses and Loss Expenses, Net 279 402
Increase in Unearned Premiums, Net 115 147
Increase in Premiums Receivable (118) (129)
Change in Income Tax Payable or Recoverable (100) (174)
Amortization of Premiums and Discounts on Fixed Maturities 77 75
Depreciation 26 29
Realized Investment Gains, Net (103) (229)
Other, Net (200) (216)
Net Cash Provided by Operating Activities 886 833
Cash Flows from Investing Activities [Abstract]    
Proceeds from Fixed Maturities - Sales 1,176 832
Proceeds from Fixed Maturities - Maturities, Calls and Redemptions 1,946 1,445
Proceeds from Sales of Equity Securities 63 66
Purchases of Fixed Maturities (3,477) (2,629)
Purchases of Equity Securities (70) (61)
Investments in Other Invested Assets, Net 179 128
Decrease (Increase) in Short Term Investments, Net (117) 221
Increase in Net Payable from Security Transactions Not Settled 221 200
Purchases of Property and Equipment, Net (21) (19)
Net Cash Provided by (Used in) Investing Activities (100) 183
Cash Flows from Financing Activities [Abstract]    
Increase (Decrease) in Funds Held Under Deposit Contracts (6) 11
Proceeds from Issuance of Common Stock Under Stock-Based Employee Compensation Plans 60 56
Repurchase of Shares (618) (855)
Dividends Paid to Shareholders (219) (227)
Net Cash Used in Financing Activities (783) (1,015)
Net Increase in Cash 3 1
Cash at Beginning of Year 58 70
Cash at End of Period $ 61 $ 71