Travelers 2010 Annual Report Download - page 273

SCHEDULE II
THE TRAVELERS COMPANIES, INC.
(Parent Company Only)
CONDENSED FINANCIAL INFORMATION OF REGISTRANT
(in millions)
CONDENSED BALANCE SHEET
At December 31, 2010 2009
Assets
Fixed maturities ................................................. $20$ 293
Equity securities ................................................. 66 57
Short-term securities .............................................. 3,584 1,861
Investment in subsidiaries .......................................... 27,422 30,608
Other assets .................................................... 139 197
Total assets ................................................... $31,231 $33,016
Liabilities
Debt ......................................................... $ 5,460 $ 5,372
Other liabilities .................................................. 298 234
Total liabilities ................................................ 5,758 5,606
Shareholders’ equity
Preferred Stock Savings Plan—convertible preferred stock (0.2 issued and
outstanding) .................................................. 68 79
Common stock (1,748.6 shares authorized, 434.6 and 520.3 shares issued and
outstanding) .................................................. 20,162 19,593
Retained earnings ................................................ 18,845 16,310
Accumulated other changes in equity from nonowner sources ................ 1,255 1,219
Treasury stock, at cost (296.6 and 199.6 shares) ........................... (14,857) (9,791)
Total shareholders’ equity ........................................ 25,473 27,410
Total liabilities and shareholders’ equity .............................. $31,231 $33,016
The condensed financial statements should be read in conjunction with the notes
to the condensed financial information of the registrant, as well as the
consolidated financial statements and notes thereto.
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