Condensed Financial Information of Registrant (Tables)

12 Months Ended

Dec. 31, 2012

BALANCE SHEETS



	December 31
	2012			2011
	(in millions of dollars)
				As Adjusted
Assets
Fixed Maturity Securities - at fair value (amortized cost: $217.7; $167.7)	$	224.6		$	172.7
Other Long-term Investments	73.0			54.2
Short-term Investments	433.5			473.9
Investment in Subsidiaries	10,079.1			9,296.8
Other Assets	723.2			618.6
Total Assets	$	11,533.4		$	10,616.2

Liabilities and Stockholders' Equity

Liabilities
Short-term Debt	$	6.6		$	2.5
Long-term Debt	1,896.2			1,641.0
Pension and Postretirement Benefits	801.6			588.2
Other Liabilities	216.4			214.8
Total Liabilities	2,920.8			2,446.5

Stockholders' Equity
Common Stock	36.0			35.9
Additional Paid-in Capital	2,607.7			2,591.1
Accumulated Other Comprehensive Income	628.0			461.8
Retained Earnings	7,371.6			6,611.0
Treasury Stock	(2,030.7		)	(1,530.1		)
Total Stockholders' Equity	8,612.6			8,169.7

Total Liabilities and Stockholders' Equity	$	11,533.4		$	10,616.2

STATEMENTS OF INCOME



	Year Ended December 31
	2012			2011			2010
	(in millions of dollars)
				As Adjusted
Dividends from Subsidiaries	$	670.8		$	800.0		$	576.0
Interest from Subsidiaries	0.6			0.6			0.6
Other Income	54.4			64.4			56.1
Total Revenue	725.8			865.0			632.7

Interest and Debt Expense	114.2			112.1			112.3
Other Expenses	65.5			57.7			47.6
Total Expenses	179.7			169.8			159.9

Income Before Income Tax and Equity in Undistributed Earnings (Loss) of Subsidiaries	546.1			695.2			472.8
Income Tax Benefits	(25.7		)	(13.9		)	(3.6		)

Income Before Equity in Undistributed Earnings (Loss) of Subsidiaries	571.8			709.1			476.4
Equity in Undistributed Earnings (Loss) of Subsidiaries	322.6			(424.9		)	402.3

Net Income	$	894.4		$	284.2		$	878.7

STATEMENTS OF CASH FLOWS



	Year Ended December 31
	2012			2011			2010
	(in millions of dollars)
Cash Provided by Operating Activities	$	677.3		$	827.8		$	490.1

Cash Flows from Investing Activities
Proceeds from Sales of Fixed Maturity Securities	—			133.9			3.8
Proceeds from Maturities of Fixed Maturity Securities	47.7			44.5			47.4
Proceeds from Sales and Maturities of Other Investments	1.0			—			—
Purchase of Fixed Maturity Securities	(99.1		)	—			(106.5		)
Purchase of Other Investments	(13.7		)	(3.0		)	(22.9		)
Net Sales (Purchases) of Short-term Investments	40.4			192.8			(266.7		)
Cash Distributions to Subsidiaries	(175.2		)	(166.1		)	(2.4		)
Short-term Notes Receivable from Subsidiaries	—			0.2			13.3
Acquisition of Property and Equipment	(80.4		)	(81.1		)	(70.0		)
Other, Net	0.1			—			(18.5		)
Cash Provided (Used) by Investing Activities	(279.2		)	121.2			(422.5		)

Cash Flows from Financing Activities
Net Short-term Debt Borrowings (Repayments)	4.1			(222.6		)	—
Issuance of Long-term Debt	246.4			—			396.9
Long-term Debt Repayments	—			—			(10.0		)
Issuance of Common Stock	4.9			14.8			10.0
Repurchase of Common Stock	(496.7		)	(619.9		)	(356.0		)
Dividends Paid to Stockholders	(133.8		)	(121.0		)	(114.8		)
Other, Net	1.6			—			5.6
Cash Used by Financing Activities	(373.5		)	(948.7		)	(68.3		)

Increase (Decrease) in Cash	$	24.6		$	0.3		$	(0.7	)

Long-term and short-term debt consists of the following:



	December 31
	2012		2011
	(in millions of dollars)
Long-term Debt
Notes @ 5.75% due 2042, callable at or above par	$	248.6	$	—
Notes @ 7.375% due 2032, callable at or above par	39.5		39.5
Notes @ 6.75% due 2028, callable at or above par	165.8		165.8
Notes @ 7.25% due 2028, callable at or above par	200.0		200.0
Notes @ 5.625% due 2020, callable at or above par	399.6		399.6
Notes @ 7.125% due 2016, callable at or above par	350.0		350.0
Notes @ 7.0% due 2018, non-callable	200.0		200.0
Medium-term Notes @ 7.0% to 7.2% due 2023 to 2028, non-callable	50.8		50.8
Junior Subordinated Debt Securities @ 7.405% due 2038	226.5		226.5
Fair Value Hedges Adjustment	15.4		8.8
Total	1,896.2		1,641.0
Short-term Debt
Securities Lending Agreements	6.6		2.5
Total	$	1,902.8	$	1,643.5