Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Sep. 30, 2012	Dec. 31, 2011
Assets
Short term investments	$ 2,284	$ 1,893
Fixed Maturities (cost $35,384 and $34,762)	38,217	37,184
Equity Securities (cost $1,234 and $1,264)	1,613	1,512
Other Invested Assets	1,949	2,180
TOTAL INVESTED ASSETS	44,063	42,769
Cash	53	58
Accrued Investment Income	445	440
Premiums Receivable	2,079	2,161
Reinsurance Recoverable on Unpaid Losses and Loss Expenses	1,690	1,739
Prepaid Reinsurance Premiums	338	320
Deferred Policy Acquisition Costs	1,218	1,210	[1]
Goodwill	467	467
Other Assets	1,288	1,281
TOTAL ASSETS	51,641	50,445	[1]
Liabilities
Unpaid Losses and Loss Expenses	23,240	23,068
Unearned Premiums	6,376	6,322
Long Term Debt	3,575	3,575
Dividend Payable to Shareholders	109	107
Deferred Income Tax	243	2	[1]
Accrued Expenses and Other Liabilities	2,124	2,070
TOTAL LIABILITIES	35,667	35,144	[1]
Contingent Liabilities (Note 6)
Shareholders' Equity
Common Stock - $1 Par Value; 371,980,460 Shares	372	372
Paid-In Surplus	162	190
Retained Earnings	20,015	18,903	[1]
Accumulated Other Comprehensive Income	1,570	1,195
Treasury Stock, at Cost - 110,036,156 and 99,519,509 Shares	(6,145)	(5,359)
TOTAL SHAREHOLDERS' EQUITY	15,974	15,301	[1]
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 51,641	$ 50,445	[1]

[1] As Adjusted