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Condensed Consolidated Balance Sheets (Unaudited) (USD $)
In Millions, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Dec. 31, 2012
Document Period End Date Mar. 31, 2013  
Investments:    
Fixed maturities, available-for-sale, at fair value (amortized cost of $80,690 and $78,978) (includes variable interest entity assets, at fair value, of $265 and $153) $ 69,667 $ 85,922
Fixed maturities, at fair value using the fair value option (includes variable interest entity assets of $344 and $338) 982 1,087
Equity securities, trading, at fair value (cost of $30,454 and $32,928) 28,099 28,933
Equity securities, available-for-sale, at fair value (cost of $865 and $1,056) 862 890
Mortgage loans (net of allowances for loan losses of $83 and $102) 5,229 6,711
Policy loans, at outstanding balance 1,421 1,997
Limited partnerships and other alternative investments (includes variable interest entity assets of $6 and $7) 3,058 3,015
Other investments 1,108 1,114
Short-term investments (includes variable interest entity assets, at fair value, of $1 as of September 30, 2012) 4,412 4,581
Total investments 114,838 134,250
Cash 1,985 2,421
Premiums receivable and agents' balances, net 3,584 3,542
Reinsurance recoverables, net 22,395 4,666
Deferred policy acquisition costs and present value of future profits 2,431 5,725
Deferred income taxes, net 2,667 1,942
Goodwill 498 654
Property and equipment, net 921 977
Other assets 2,551 2,767
Separate account assets 145,151 141,569
Total assets 297,021 298,513
Liabilities    
Reserve for future policy benefits and unpaid losses and loss adjustment expenses 41,681 40,992
Other policyholder funds and benefits payable 41,044 41,979
Other policyholder funds and benefits payable - international variable annuities 28,088 28,922
Unearned premiums 5,307 5,145
Debt, Long-term and Short-term, Combined Amount 6,327 7,126
Consumer notes 132 161
Other liabilities (includes variable interest entity liabilities of $420 and $471) 8,371 10,172
Separate account liabilities 145,151 141,569
Total liabilities 276,101 276,066
Stockholders' Equity    
Preferred stock, $0.01 par value - 50,000,000 shares authorized, 575,000 shares issued, liquidation preference $1,000 per share 556 556
Common stock, $0.01 par value - 1,500,000,000 shares authorized, 469,746,638 and 469,750,171 shares issued 5 5
Additional paid-in capital 9,993 10,038
Retained earnings 10,449 10,745
Treasury stock, at cost - 33,680,760 and 27,211,115 shares (1,732) (1,740)
Accumulated other comprehensive income, net of tax 1,649 [1] 2,843 [1]
Total stockholders' equity 20,920 22,447
Total liabilities and stockholders' equity $ 297,021 $ 298,513
[1] [1] All amounts are net of tax and DAC.