SCHEDULE I - SUMMARY OF INVESTMENTS OTHER THAN INVESTMENTS IN RELATED PARTIES

12 Months Ended

Dec. 31, 2013

SCHEDULE I - SUMMARY OF INVESTMENTS OTHER THAN INVESTMENTS IN RELATED PARTIES

SCHEDULE I - SUMMARY OF INVESTMENTS OTHER THAN INVESTMENTS IN RELATED PARTIES

SCHEDULE I - SUMMARY OF INVESTMENTS

OTHER THAN INVESTMENTS IN RELATED PARTIES

DECEMBER 31, 2013

($ in millions)		Cost/ amortized cost		Fair value		Amount at which shown in the Balance Sheet
Type of investment
Fixed maturities:
Bonds:
United States government, government agencies and authorities	$	678	$	766	$	766
States, municipalities and political subdivisions		3,135		3,304		3,304
Foreign governments		715		792		792
Public utilities		4,810		5,143		5,143
Convertibles and bonds with warrants attached		139		106		106
All other corporate bonds		15,448		16,067		16,067
Asset-backed securities		1,011		1,007		1,007
Residential mortgage-backed securities		752		790		790
Commercial mortgage-backed securities		724		764		764
Redeemable preferred stocks		15		17		17
Total fixed maturities		27,427	$	28,756		28,756

Equity securities:
Common stocks:
Public utilities		34	$	34		34
Banks, trusts and insurance companies		19		20		20
Industrial, miscellaneous and all other		511		595		595
Nonredeemable preferred stocks		1		1		1
Total equity securities		565	$	650		650

Mortgage loans on real estate		4,173	$	4,300		4,173
Real estate (includes $19 acquired in satisfaction of debt)		46				46
Policy loans		623				623
Derivative instruments		265	$	266		266
Limited partnership interests		2,064				2,064
Other long-term investments		776				776
Short-term investments		590	$	590		590
Total investments	$	36,529			$	37,944

- Definition

The entire disclosure for the schedule applicable to insurance companies summarizing investments held as of the most recent audited balance sheet. At a minimum, such summary is by three major categories of investments including: (1) fixed maturities primarily consisting of bonds, including convertibles and bonds with warrants, and redeemable preferred stocks, (2) equity securities primarily consisting of common stocks and nonredeemable preferred stocks, and (3) other investments including mortgage loans on real estate, real estate held for investment, real estate acquired in satisfaction of debt, policy loans, other long-term investments, and short-term investments not otherwise categorized. The information provided with respect to each item within each category includes: (A) the original cost of equity securities and, as to fixed maturity securities, original cost reduced by repayments and adjusted for amortization of premiums or accrual of discounts, (B) fair value as of the reporting date, and (C) the amount at which the item within each category is shown in the statement of financial position; with respect to (C), if the amount at which shown in the statement of financial position is different from the items original [amortized] cost or fair value, an explanation of the difference may be included herein.

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