Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Assets
Short Term Investments	$ 1,318	$ 2,114
Fixed Maturities (cost $36,958 and $35,959)	38,780	37,091
Equity Securities (cost $1,089 and $1,057)	1,964	1,810
Other Invested Assets	1,423	1,598
TOTAL INVESTED ASSETS	43,485	42,613
Cash	47	52
Accrued Investment Income	410	418
Premiums Receivable	2,560	2,284
Reinsurance Recoverable on Unpaid Losses and Loss Expenses	1,639	1,802
Prepaid Reinsurance Premiums	256	290
Deferred Policy Acquisition Costs	1,284	1,255
Deferred Income Tax		47
Goodwill	467	467
Other Assets	1,138	1,205
TOTAL ASSETS	51,286	50,433
Liabilities
Unpaid Losses and Loss Expenses	22,678	23,146
Unearned Premiums	6,581	6,423
Long Term Debt	3,300	3,300
Dividend Payable to Shareholders	117	110
Deferred Income Tax	15
Accrued Expenses and Other Liabilities	2,299	1,357
TOTAL LIABILITIES	34,990	34,336
Commitments and Contingent Liabilities (Notes 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	171
Retained Earnings	23,520	21,902
Accumulated Other Comprehensive Income	1,110	1,035
Treasury Stock, at Cost - 139,551,071 and 123,673,969 Shares	(8,877)	(7,383)
TOTAL SHAREHOLDERS' EQUITY	16,296	16,097
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 51,286	$ 50,433