Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Dec. 31, 2013	Dec. 31, 2012
Assets
Short Term Investments	$ 2,114	$ 2,528
Fixed Maturities (cost $35,959 and $35,398)	37,091	38,076
Equity Securities (cost $1,057 and $1,244)	1,810	1,663
Other Invested Assets	1,598	1,954
TOTAL INVESTED ASSETS	42,613	44,221
Cash	52	50
Accrued Investment Income	418	424
Premiums Receivable	2,284	2,185
Reinsurance Recoverable on Unpaid Losses and Loss Expenses	1,802	1,941
Prepaid Reinsurance Premiums	290	337
Deferred Policy Acquisition Costs	1,255	1,206
Deferred Income Tax	47
Goodwill	467	467
Other Assets	1,205	1,353
TOTAL ASSETS	50,433	52,184
Liabilities
Unpaid Losses and Loss Expenses	23,146	23,963
Unearned Premiums	6,423	6,361
Long Term Debt	3,300	3,575
Dividend Payable to Shareholders	110	108
Deferred Income Tax		162
Accrued Expenses and Other Liabilities	1,357	2,188
TOTAL LIABILITIES	34,336	36,357
Commitments and Contingent Liabilities (Note 5 and 12)
Shareholders' Equity
Preferred Stock - Authorized 8,000,000 Shares; $1 Par Value; Issued - None
Common Stock - Authorized 1,200,000,000 Shares; $1 Par Value; Issued 371,980,460 Shares	372	372
Paid-In Surplus	171	178
Retained Earnings	21,902	20,009
Accumulated Other Comprehensive Income	1,035	1,431
Treasury Stock, at Cost - 123,673,969 and 110,217,445 Shares	(7,383)	(6,163)
TOTAL SHAREHOLDERS' EQUITY	16,097	15,827
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 50,433	$ 52,184