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CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (USD $)
In Millions, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Available-for-sale securities, at fair value:    
Fixed maturities $ 9,198 $ 8,688
Equity securities 940 869
Trading securities, at fair value 3,377 3,202
Limited partnerships 1,072 1,086
Other invested assets 21 21
Total investments 14,608 13,866
Cash and cash equivalents (Exchange portion of $237 and $403, respectively) 300 452
Premiums receivable from policyholders 1,287 1,167
Reinsurance recoverable 168 172
Deferred income taxes 1 2
Deferred acquisition costs 579 566
Other assets (Exchange portion of $405 and $337, respectively) 517 451
Total assets 17,460 16,676
Liabilities    
Losses and loss expense reserves 3,964 3,747
Life policy and deposit contract reserves 1,789 1,758
Unearned premiums 2,788 2,598
Deferred income taxes 557 450
Total liabilities 9,639 9,126
Indemnity shareholders' equity    
Total Indemnity shareholders' equity 755 734
Noncontrolling interest in consolidated entity - Exchange 7,066 6,816
Total equity 7,821 7,550
Total liabilities, shareholders' equity, and noncontrolling interest 17,460 16,676
Indemnity
   
Available-for-sale securities, at fair value:    
Fixed maturities 497 526
Equity securities 26 50
Limited partnerships 141 146
Other invested assets 1 1
Total investments 665 723
Cash and cash equivalents (Exchange portion of $237 and $403, respectively) 63 49
Deferred income taxes 1 2
Other assets (Exchange portion of $405 and $337, respectively) 112 114
Total assets 1,205 1,213
Liabilities    
Deferred income taxes 0 0
Other liabilities 451 476
Total liabilities 450 479
Indemnity shareholders' equity    
Additional paid-in-capital 16 16
Accumulated other comprehensive loss (55) (59)
Retained earnings 1,938 1,902
Total contributed capital and retained earnings 1,901 1,861
Treasury stock, at cost, 22,110,132 and 21,838,075 shares, respectively (1,146) (1,127)
Total Indemnity shareholders' equity 755 734
Total equity 755 734
Total liabilities, shareholders' equity, and noncontrolling interest 1,205 1,213
Exchange
   
Available-for-sale securities, at fair value:    
Fixed maturities 8,701 8,162
Equity securities 914 819
Trading securities, at fair value 3,377 3,202
Limited partnerships 931 940
Other invested assets 20 20
Total investments 13,943 13,143
Cash and cash equivalents (Exchange portion of $237 and $403, respectively) 237 403
Premiums receivable from policyholders 1,287 1,167
Reinsurance recoverable 168 172
Deferred income taxes 0 0
Deferred acquisition costs 579 566
Other assets (Exchange portion of $405 and $337, respectively) 405 337
Total assets 16,619 15,788
Liabilities    
Losses and loss expense reserves 3,964 3,747
Life policy and deposit contract reserves 1,789 1,758
Unearned premiums 2,788 2,598
Deferred income taxes 557 450
Other liabilities 90 97
Total liabilities 9,553 8,972
Indemnity shareholders' equity    
Noncontrolling interest in consolidated entity - Exchange 7,066 6,816
Total equity 7,066 6,816
Total liabilities, shareholders' equity, and noncontrolling interest 16,619 15,788
Class A | Indemnity
   
Indemnity shareholders' equity    
Common stock 2 2
Class B | Indemnity
   
Indemnity shareholders' equity    
Common stock $ 0 $ 0