XML 35 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Assets    
Short Term Investments $ 2,047 $ 2,114
Fixed Maturities (cost $36,838 and $35,959) 38,589 37,091
Equity Securities (cost $1,098 and $1,057) 1,888 1,810
Other Invested Assets 1,558 1,598
TOTAL INVESTED ASSETS 44,082 42,613
Cash 57 52
Accrued Investment Income 411 418
Premiums Receivable 2,420 2,284
Reinsurance Recoverable on Unpaid Losses and Loss Expenses 1,686 1,802
Prepaid Reinsurance Premiums 265 290
Deferred Policy Acquisition Costs 1,297 1,255
Deferred Income Tax   47
Goodwill 467 467
Other Assets 1,385 1,205
TOTAL ASSETS 52,070 50,433
Liabilities    
Unpaid Losses and Loss Expenses 23,075 23,146
Unearned Premiums 6,611 6,423
Long Term Debt 3,300 3,300
Dividend Payable to Shareholders 119 110
Deferred Income Tax 240  
Accrued Expenses and Other Liabilities 2,219 1,357
TOTAL LIABILITIES 35,564 34,336
Shareholders' Equity    
Common Stock - $1 Par Value; 371,980,460 Shares 372 372
Paid-In Surplus 151 171
Retained Earnings 23,079 21,902
Accumulated Other Comprehensive Income 1,438 1,035
Treasury Stock, at Cost - 136,166,731 and 123,673,969 Shares (8,534) (7,383)
TOTAL SHAREHOLDERS' EQUITY 16,506 16,097
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 52,070 $ 50,433