Capital Structure (Tables)

12 Months Ended

Dec. 31, 2013

($ in millions)	2013		2012

7.50% Debentures, due 2013	$	—	$	250
5.00% Senior Notes, due 2014 ⁽¹⁾		650		650
6.20% Senior Notes, due 2014 ⁽¹⁾		300		300
6.75% Senior Debentures, due 2018		177		250
7.45% Senior Notes, due 2019 ⁽¹⁾		317		700
3.15% Senior Notes, due 2023 ⁽¹⁾		500		—
6.125% Senior Notes, due 2032 ⁽¹⁾		159		250
5.35% Senior Notes due 2033 ⁽¹⁾		323		400
5.55% Senior Notes due 2035 ⁽¹⁾		546		800
5.95% Senior Notes, due 2036 ⁽¹⁾		386		650
6.90% Senior Debentures, due 2038		165		250
5.20% Senior Notes, due 2042 ⁽¹⁾		72		500
4.50% Senior Notes, due 2043 ⁽¹⁾		500		—
5.10% Subordinated Debentures, due 2053		500		—
5.75% Subordinated Debentures, due 2053		800		—
6.125% Junior Subordinated Debentures, due 2067		252		500
6.50% Junior Subordinated Debentures, due 2067		500		500
Synthetic lease VIE obligations, floating rates, due 2014		44		44
Federal Home Loan Bank ("FHLB") advances, due 2018		10		13


Total long-term debt		6,201		6,057
Short-term debt ⁽²⁾		—		—


Total debt	$	6,201	$	6,057

(1): Senior Notes are subject to redemption at the Company's option in whole or in part at any time at the greater of either 100% of the principal amount plus accrued and unpaid interest to the redemption date or the discounted sum of the present values of the remaining scheduled payments of principal and interest and accrued and unpaid interest to the redemption date.
(2): The Company classifies any borrowings which have a maturity of twelve months or less at inception as short-term debt.

Debt maturities for each of the next five years and thereafter as of December 31, 2013 are as follows: