CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
Assets
Fixed maturity investments, at fair value	$ 2,639.7	$ 2,422.0
Short-term investments, at amortized cost (which approximates fair value)	211.3	376.8
Common equity securities, at fair value	1,113.9	611.7
Other long-term investments	315.8	331.9
Total investments	4,280.7	3,742.4
Cash (restricted $5.8 and $23.7)	179.3	261.7
Reinsurance recoverable on unpaid losses	186.5	161.7
Reinsurance recoverable on paid losses	7.5	12.2
Insurance premiums receivable	223.3	241.1
Investments in unconsolidated affiliates	0.0	414.4
Deferred acquisition costs	107.6	107.2
Deferred Income Tax Assets, Net	112.8	114.6
Ceded unearned insurance premiums	29.5	17.8
Accrued investment income	14.0	14.3
Accounts receivable on unsettled investment sales	41.9	37.8
Goodwill and intangible assets	375.7	351.2
Other assets	318.7	348.7
Assets held for sale	4,407.0	4,630.6
Total assets	10,284.5	10,455.7
Liabilities
Loss and loss adjustment expense reserves	1,395.8	1,350.0
Unearned insurance premiums	612.6	616.7
Debt	442.4	343.1
Deferred tax liability	7.0	0.0
Accrued incentive compensation	141.7	108.1
Ceded reinsurance payable	30.5	34.2
Funds held under insurance contracts	137.8	81.0
Accounts payable on unsettled investment purchases	0.0	0.5
Other liabilities	264.7	278.4
Liabilities held for sale	2,884.0	3,105.3
Total liabilities	5,916.5	5,917.3
White Mountains’s common shareholders’ equity
White Mountains’s common shares at $1 par value per share—authorized 50,000,000 shares; issued and outstanding 5,623,735 and 5,986,214 shares	5.6	6.0
Paid-in surplus	972.6	1,028.7
Retained earnings	3,084.9	3,010.5
Accumulated other comprehensive income (loss), after-tax:
Equity in net unrealized gains from investments in Symetra common shares	0.0	34.9
Net unrealized foreign currency translation losses	(145.6)	(79.8)
Pension liability and other	(4.3)	(4.6)
Total White Mountains’s common shareholders’ equity	3,913.2	3,995.7
Non-controlling interests
Non-controlling interests	454.8	542.7
Total equity	4,368.0	4,538.4
Total liabilities and equity	$ 10,284.5	$ 10,455.7