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ABC, Inc - Consolidated Balance Sheets

(in millions of dollars, except shares and per share data)
        
2003

2002
Statement of Financial Position


Assets


Investments:


Marketable Securities


Available for Sale Securities - Fair Value


Available for Sale Securities - Debt - Fair Value


Fixed maturities available-for-sale, at fair value
503,256
420,864
Amortized cost
474,999
398,697
Available for Sale Securities - Equity - Fair Value


Equity securities, at fair value
4,794
4,839
Cost:
3,666
4,668
Mortgage loans on real estate
78,747
75,258
Policy loans
26,247
25,740
Real estate and real estate joint ventures held-for-investment
14,142
11,778
Real estate held-for-sale
267
2,397
Other limited partnership interests
7,431
7,185
Short-term investments
5,478
5,763
Other invested assets
13,935
11,181
Total investments
654,297
565,005
Cash and Cash Equivalents
11,199
6,969
Accrued Investment Income
6,558
6,264
Premiums Receivable


Premiums and other receivables
21,141
19,335
Deferred policy acquisition costs
38,829
35,181
Other Assets
21,231
20,445
Separate Account Assets
227,268
179,079
Total assets
980,523
832,278
Liabilities and Stockholders' Equity


Liabilities:


Policy Reserves and Benefits


Future Policy Benefits
282,444
269,445
Policyholder account balance
227,703
200,490
Other Policyholder Funds
19,029
17,055
Policyholder Dividends Payable
3,147
3,090
Policyholder dividend obligation
6,390
5,646
Short Term Borrowings


Short Term Borrowings - Total
10,926
3,483
Debt and Capital Lease Obligations - Long Term


Long Term Debt
17,109
13,275
Shares subject to mandatory redemption
831
-
Current income taxes payable
1,956
2,307
Deferred income taxes payable
7,197
4,875
Payables under securities loaned transactions
81,249
53,586
Other liabilities
31,827
23,997
Separate Account Liabilities
227,268
179,079
Total liabilities
917,076
776,328
Company Obligated Mandatorily Redeemable Preferred Capital Securities of Subsidiary Trusts
-
3,795
Stockholder's Equity


Preferred Stock Value (Excluding Additional Paid in Capital) - All Types and Classes


Preferred Stock


Preferred Stock - Description

Preferred Stock
Preferred Stock - Value (Excluding Additional Paid in Capital)

-
Preferred Stock - Par/Stated Value Per Share

0.03
Preferred Stock - Shares Authorized

200000000
Preferred Stock - Shares Issued

0
Preferred Stock


Preferred Stock - Description
Preferred Stock

Preferred Stock - Value (Excluding Additional Paid in Capital)
-

Preferred Stock - Par/Stated Value Per Share
0.03

Preferred Stock - Shares Authorized
200000000

Preferred Stock - Shares Issued
0

Common Stock Value (Excluding Additional Paid in Capital) - All Classes
24
24
Common Stock


Common Stock - Description

Common Stock
Common Stock - Value (Excluding Additional Paid in Capital)

24
Common Stock - Par/Stated Value Per Share

0.03
Common Stock - Shares Authorized

3000000000
Common Stock - Shares Issued

786766664
Common Stock - Shares Outstanding

700278412
Common Stock


Common Stock - Description
Common Stock

Common Stock - Value (Excluding Additional Paid in Capital)
24

Common Stock - Par/Stated Value Per Share
0.03

Common Stock - Shares Authorized
3000000000

Common Stock - Shares Issued
786766664

Common Stock - Shares Outstanding
757186137

Additional Paid in Capital
44,973
44,904
Retained Earnings


Retained Earnings - Total
12,579
8,421
Treasury Stock Value - All Types and Classes
-2,505
-7,215
Treasury Stock


Treasury Stock Description

Treasury Stock
Treasury Stock Value

-7,215
Treasury Stock - Shares

86488252
Treasury Stock


Treasury Stock Description
Treasury Stock

Treasury Stock Value
-2,505

Treasury Stock - Shares
29580527

Accumulated Comprehensive Income


Other Accumulated Comprehensive Income, Net of Tax Effect
8,376
6,021
Total Stockholders' Equity
63,447
52,155
Total Liabilities and Stockholders' Equity
980,523
832,278