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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2015
Dec. 31, 2014
Assets    
Short Term Investments $ 3,052 $ 1,318
Fixed Maturities (cost $35,469 and $36,958) 37,016 38,780
Equity Securities (cost $1,060 and $1,089) 1,771 1,964
Other Invested Assets 1,422 1,423
TOTAL INVESTED ASSETS 43,261 43,485
Cash 53 47
Accrued Investment Income 403 410
Premiums Receivable 2,480 2,560
Reinsurance Recoverable on Unpaid Losses and Loss Expenses 1,505 1,639
Prepaid Reinsurance Premiums 257 256
Deferred Policy Acquisition Costs 1,302 1,284
Deferred Income Tax 120  
Goodwill 467 467
Other Assets 1,344 1,138
TOTAL ASSETS 51,192 51,286
Liabilities    
Unpaid Losses and Loss Expenses 22,359 22,678
Unearned Premiums 6,636 6,581
Long Term Debt 3,300 3,300
Dividend Payable to Shareholders 130 117
Deferred Income Tax   15
Accrued Expenses and Other Liabilities 2,396 2,299
TOTAL LIABILITIES 34,821 34,990
Shareholders' Equity    
Common Stock - $1 Par Value; 371,980,460 Shares 372 372
Paid-In Surplus 179 171
Retained Earnings 24,596 23,520
Accumulated Other Comprehensive Income 661 1,110
Treasury Stock, at Cost - 144,924,588 and 139,551,071 Shares (9,437) (8,877)
TOTAL SHAREHOLDERS' EQUITY 16,371 16,296
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 51,192 $ 51,286