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Consolidated Balance Sheets (Unaudited) (USD $)
In Millions
Jun. 30, 2011
Dec. 31, 2010
Investments:    
Fixed maturity securities available-for-sale, at estimated fair value (amortized cost: $45,548 and $44,132, respectively) $ 46,837 $ 44,924
Equity securities available-for-sale, at estimated fair value (cost: $293 and $427, respectively) 308 405
Other securities, at estimated fair value 3,089 2,247
Mortgage loans (net of valuation allowances of $70 and $87, respectively; includes $6,697 and $6,840, respectively, at estimated fair value, relating to variable interest entities) 12,645 12,730
Policy loans 1,190 1,190
Real estate and real estate joint ventures 519 501
Other limited partnership interests 1,610 1,538
Short-term investments, principally at estimated fair value 2,203 1,235
Other invested assets, principally at estimated fair value 1,673 1,716
Total investments 70,074 66,486
Cash and cash equivalents, principally at estimated fair value 1,220 1,928
Accrued investment income (includes $32 and $31, respectively, relating to variable interest entities) 534 559
Premiums, reinsurance and other receivables 17,006 17,008
Deferred policy acquisition costs and value of business acquired 5,264 5,099
Current income tax recoverable 113 38
Deferred income tax assets (10) 356
Goodwill 953 953
Other assets 851 839
Separate account assets 69,467 61,619
Total assets 165,482 154,885
Liabilities    
Future policy benefits 24,056 23,198
Policyholder account balances 40,659 39,291
Other policy-related balances 2,753 2,652
Payables for collateral under securities loaned and other transactions 8,201 8,103
Long-term debt (includes $6,617 and $6,773, respectively, at estimated fair value relating to variable interest entities) 7,410 7,568
Deferred income tax liability 10 (356)
Other liabilities (includes $31 and $31, respectively, relating to variable interest entities) 4,357 4,503
Separate account liabilities 69,467 61,619
Total liabilities 156,913 146,934
Stockholders' Equity    
Common stock, par value $2.50 per share; 40,000,000 shares authorized; 34,595,317 shares issued and outstanding at June 30, 2011 and December 31, 2010 86 86
Additional paid-in capital 6,667 6,719
Retained earnings 1,310 934
Accumulated other comprehensive income (loss) 506 212
Total stockholders' equity 8,569 7,951
Total liabilities and stockholders' equity $ 165,482 $ 154,885