Travelers 2009 Annual Report Download - page 280

SCHEDULE II
THE TRAVELERS COMPANIES, INC.
(Parent Company Only)
CONDENSED FINANCIAL INFORMATION OF REGISTRANT
(in millions)
CONDENSED BALANCE SHEET
At December 31, 2009 2008
Assets
Fixed maturities ................................................. $ 293 $ 311
Equity securities................................................. 57 44
Short-term securities.............................................. 1,861 1,840
Investment in subsidiaries .......................................... 30,608 28,181
Other assets .................................................... 197 285
Total assets ................................................... $33,016 $30,661
Liabilities
Debt ......................................................... $ 5,372 $ 5,023
Other liabilities.................................................. 234 319
Total liabilities ................................................ 5,606 5,342
Shareholders’ equity
Preferred Stock Savings Plan—convertible preferred stock (0.2 and 0.3 shares
issued and outstanding) .......................................... 79 89
Common stock (1,748.6 shares authorized, 520.3 and 585.1 shares issued and
outstanding) .................................................. 19,593 19,242
Retained earnings................................................ 16,310 13,314
Accumulated other changes in equity from nonowner sources . . . . . . . . . . . . . . . . 1,219 (900)
Treasury stock, at cost (199.6 and 128.8 shares) . . . . . . . . . . . . . . . . . . . . . . . . . . . (9,791) (6,426)
Total shareholders’ equity ........................................ 27,410 25,319
Total liabilities and shareholders’ equity .............................. $33,016 $30,661
The condensed financial statements should be read in conjunction with the consolidated financial
statements and notes thereto.
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