Fundamentals - Annual Balance Sheet
Income Statement | Balance Sheet | Cash Flow | Trading Statistics

Assets:  
December 3120152014
(Dollar amounts in millions, except per share data)  
Investments:  
   Fixed maturities, amortized cost of $37,407 and $37,469$39,701 $40,885
   Equity securities, cost of $824 and $733752 728
   Limited partnership investments3,313 3,674
   Other invested assets, primarily mortgage loans824 731
   Short term investments4,810 6,014
   Total investments49,400 52,032
Cash440 364
Receivables8,041 7,770
Property, plant and equipment15,477 15,611
Goodwill351 374
Other assets1,722 1,616
Deferred acquisition costs of insurance subsidiaries598 600
Total assets$76,029 $78,367
    
Liabilities and Equity:  
December 3120152014
(Dollar amounts in millions, except per share data)  
Insurance reserves:  
   Claim and claim adjustment expense$22,663 $23,271
   Future policy benefits10,152 9,490
   Unearned premiums3,671 3,592
   Policyholders' funds 27
Total insurance reserves36,486 36,380
   
Payable to brokers567 673
Short term debt1,040 335
Long term debt9,543 10,333
Deferred income taxes382 893
Other liabilities5,201 5,103
   Total liabilities53,219 53,717
   
Commitments and contingent liabilities  
   
Shareholders' equity:  
   Preferred stock, $0.10 par value:  
      Authorized - 100,000,000 shares  
   Common stock, $0.01 par value:  
      Authorized - 1,800,000,000 shares  
      Issued and outstanding - 339,897,547 and 372,934,540 shares34
   Additional paid-in capital3,184 3,481
   Retained earnings14,731 15,515
   Accumulated other comprehensive income(357) 280
   Total shareholders' equity17,561 19,280
   Noncontrolling interests5,249 5,370
   Total equity22,810 24,650
Total liabilities and equity$76,029 $78,367
    
For complete copies of our financial results, please refer to our SEC Filings