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Consolidated Condensed Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
Assets:    
Fixed maturities, amortized cost of $38,568 and $38,861 $ 40,441 $ 42,133
Equity securities, cost of $1,320 and $1,177 1,305 1,224
Limited partnership investments 3,310 3,278
Other invested assets, primarily mortgage loans 976 945
Short term investments 4,437 4,646
Total investments 50,469 52,226
Cash 453 472
Receivables 8,217 7,613
Property, plant and equipment 15,471 15,427
Goodwill 658 659
Other assets 4,791 2,555
Deferred acquisition costs of insurance subsidiaries 673 634
Total assets 80,732 79,586
Liabilities and Equity:    
Claim and claim adjustment expense 21,990 22,004
Future policy benefits 10,667 11,179
Unearned premiums 4,410 4,029
Total insurance reserves 37,067 37,212
Payable to brokers 311 60
Short term debt 181 280
Long term debt 11,290 11,253
Deferred income taxes 879 749
Other liabilities 9,146 5,466
Total liabilities 58,874 55,020
Commitments and contingent liabilities
Preferred stock, $0.10 par value: Authorized - 100,000,000 shares
Common stock, $0.01 par value: Authorized - 1,800,000,000 shares Issued - 332,684,645 and 332,487,815 shares 3 3
Additional paid-in capital 3,809 3,151
Retained earnings 16,532 16,096
Accumulated other comprehensive loss (625) (26)
Shareholders' equity before treasury stock, total 19,719 19,224
Less treasury stock, at cost (16,017,088 and 400,000 shares) (808) (20)
Total shareholders' equity 18,911 19,204
Noncontrolling interests 2,947 5,362
Total equity 21,858 24,566
Total liabilities and equity $ 80,732 $ 79,586