CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2017	Dec. 31, 2016
Assets
Fixed maturity investments, at fair value	$ 1,566.9	$ 2,081.1
Short-term investments, at amortized cost (which approximates fair value)	71.6	174.9
Common equity securities, at fair value	827.9	285.6
Other long-term investments	226.5	172.8
Total investments	2,692.9	2,714.4
Cash	53.3	80.2
Insurance premiums receivable	2.8	1.6
Deferred acquisition costs	13.0	10.6
Accrued investment income	16.0	14.8
Accounts receivable on unsettled investment sales	199.5	4.8
Goodwill and other intangible assets	49.5	54.7
Other assets	62.8	64.1
Assets held for sale	3,696.4	3,599.5
Total assets	6,786.2	6,544.7
Liabilities
Unearned insurance premiums	109.9	82.9
Debt	10.6	12.7
Accrued incentive compensation	63.3	95.7
Accounts payable on unsettled investment purchases	114.6	0.0
Other liabilities	44.9	46.9
Total liabilities held for sale	2,678.8	2,569.3
Total liabilities	3,022.1	2,807.5
White Mountains’s common shareholders’ equity
White Mountains’ common shares	4.6	4.6
Paid-in surplus	810.5	806.1
Retained earnings	2,835.2	2,797.2
Accumulated other comprehensive loss, after tax:
Net unrealized foreign currency translation losses	0.0	(1.4)
Accumulated other comprehensive loss from net change in benefit plan assets and obligations	(3.0)	(3.2)
Total White Mountains’s common shareholders’ equity	3,647.3	3,603.3
Non-controlling interests
Non-controlling interests	116.8	133.9
Total equity	3,764.1	3,737.2
Total liabilities and equity	$ 6,786.2	$ 6,544.7