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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash flows from operating activities      
Premiums collected $ 4,594 $ 4,276 $ 4,055
Net investment income received 471 458 445
Limited partnership distributions 164 166 122
Service agreement fee received 31 33 34
Commissions and bonuses paid to agents (617) (583) (532)
Losses paid (2,818) (2,953) (2,398)
Loss expenses paid (464) (439) (419)
Other underwriting and acquisition costs paid (557) (531) (517)
Income taxes paid (227) (67) (69)
Net cash provided by operating activities 577 360 721
Purchase of investments:      
Fixed maturities (2,112) (1,801) (1,760)
Preferred stock (172) (119) (179)
Common stock (1,807) (1,742) (1,495)
Limited partnerships (100) (209) (165)
Sales/maturities of investments:      
Fixed maturity sales 881 631 562
Fixed maturity calls/maturities 1,169 950 1,009
Preferred stock 154 113 135
Common stock 1,733 1,652 1,376
Sale of and returns on limited partnerships 201 163 142
Net purchase of property and equipment (33) (11) (33)
Net collections (distributions) on agent loans 1 (1) 3
Net distributions on life policy loans 0 (1) 0
Net cash used in investing activities (85) (375) (405)
Cash flows from financing activities      
Annuity deposits and interest 92 95 111
Annuity surrenders and withdrawals (83) (81) (79)
Universal life deposits and interest 23 29 38
Universal life surrenders (10) (16) (35)
Purchase of treasury stock (70) (155) (57)
Dividends paid to shareholders (229) (102) (98)
Net cash used in financing activities (277) (230) (120)
Net increase (decrease) in cash and cash equivalents 215 (245) 196
Cash and cash equivalents at beginning of year 185 430 234
Cash and cash equivalents at end of year $ 400 $ 185 $ 430