Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2015	Dec. 31, 2014
Assets
Short Term Investments	$ 1,411	$ 1,318
Fixed Maturities (cost $36,467 and $36,958)	37,880	38,780
Equity Securities (cost $1,083 and $1,089)	1,957	1,964
Other Invested Assets	1,429	1,423
TOTAL INVESTED ASSETS	42,677	43,485
Cash	50	47
Accrued Investment Income	415	410
Premiums Receivable	2,603	2,560
Reinsurance Recoverable on Unpaid Losses and Loss Expenses	1,550	1,639
Prepaid Reinsurance Premiums	240	256
Deferred Policy Acquisition Costs	1,308	1,284
Goodwill	467	467
Deferred Income Tax	130
Other Assets	1,286	1,138
TOTAL ASSETS	50,726	51,286
Liabilities
Unpaid Losses and Loss Expenses	22,506	22,678
Unearned Premiums	6,633	6,581
Long Term Debt	3,300	3,300
Dividend Payable to Shareholders	131	117
Deferred Income Tax		15
Accrued Expenses and Other Liabilities	2,238	2,299
TOTAL LIABILITIES	34,808	34,990
Shareholders' Equity
Common Stock - $1 Par Value; 371,980,460 Shares	372	372
Paid-In Surplus	156	171
Retained Earnings	24,125	23,520
Accumulated Other Comprehensive Income	707	1,110
Treasury Stock, at Cost - 145,003,131 and 139,551,071 Shares	(9,442)	(8,877)
TOTAL SHAREHOLDERS' EQUITY	15,918	16,296
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 50,726	$ 51,286