Travelers 2011 Annual Report Download - page 276

SCHEDULE II
THE TRAVELERS COMPANIES, INC.
(Parent Company Only)
CONDENSED FINANCIAL INFORMATION OF REGISTRANT
(in millions)
CONDENSED BALANCE SHEET
At December 31, 2011 2010
Assets
Fixed maturities ................................................ $33$20
Equity securities ................................................ 94 66
Short-term securities ............................................. 2,339 3,584
Investment in subsidiaries ......................................... 27,565 27,422
Other assets ................................................... 506 139
Total assets ................................................. $ 30,537 $ 31,231
Liabilities
Debt ........................................................ $ 5,415 $ 5,460
Other liabilities ................................................ 655 298
Total liabilities ............................................... 6,070 5,758
Shareholders’ equity
Preferred Stock Savings Plan—convertible preferred stock (0.0 and 0.2 shares
issued and outstanding) ......................................... —68
Common stock (1,750.0 and 1,748.6 shares authorized, 392.8 and 434.6 shares
issued and outstanding) ......................................... 20,732 20,162
Retained earnings ............................................... 19,569 18,845
Accumulated other changes in equity from nonowner sources ............... 2,005 1,255
Treasury stock, at cost (349.0 and 296.6 shares) ......................... (17,839) (14,857)
Total shareholders’ equity ....................................... 24,467 25,473
Total liabilities and shareholders’ equity ............................ $ 30,537 $ 31,231
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.
See the accompanying Report of Independent Registered Public Accounting Firm.
264