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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities      
Premiums collected $ 5,026 $ 4,594 $ 4,276
Net investment income received 450 471 458
Limited partnership distributions 176 164 166
Service agreement fee received 31 31 33
Commissions and bonuses paid to agents (681) (617) (583)
Losses paid (2,742) (2,818) (2,953)
Loss expenses paid (470) (464) (439)
Other underwriting and acquisition costs paid (603) (557) (531)
Income taxes paid (284) (227) (67)
Net cash provided by operating activities 903 577 360
Purchase of investments:      
Fixed maturities (2,879) (2,112) (1,801)
Preferred stock (136) (172) (119)
Common stock (1,339) (1,807) (1,742)
Limited partnerships (88) (100) (209)
Sales/maturities of investments:      
Fixed maturity sales 849 881 631
Fixed maturity calls/maturities 1,135 1,169 950
Preferred stock 115 154 113
Common stock 1,426 1,733 1,652
Sale of and returns on limited partnerships 198 201 163
Net purchase of property and equipment (42) (33) (11)
Net collections (distributions) on agent loans 3 1 (1)
Net distributions on life policy loans (1) 0 (1)
Net cash used in investing activities (759) (85) (375)
Cash flows from financing activities      
Annuity deposits and interest 89 92 95
Annuity surrenders and withdrawals (82) (83) (81)
Universal life deposits and interest 27 23 29
Universal life surrenders (10) (10) (16)
Purchase of treasury stock (32) (70) (155)
Dividends paid to shareholders (84) (229) (102)
Net cash used in financing activities (92) (277) (230)
Net increase (decrease) in cash and cash equivalents 52 215 (245)
Cash and cash equivalents at beginning of year 400 185 430
Cash and cash equivalents at end of year $ 452 $ 400 $ 185