ITEM 15, FORM 10-K - SCHEDULE I - SUMMARY OF INVESTMENTS
Published on
Exhibit 99.4
Schedule I
Summary of Investments Other Than Investments in Related Parties
As of December 31, 2005 (in millions)
| Type of Investment |
Cost(1) |
Value |
Amount at which shown in the Balance Sheet | ||||||
| Fixed maturities, available for sale: |
|||||||||
| Bonds: |
|||||||||
| United States Government and government agencies and authorities |
$ | 6,302 | $ | 7,022 | $ | 7,022 | |||
| States, municipalities and political subdivisions |
1,933 | 2,194 | 2,194 | ||||||
| Foreign governments |
25,129 | 26,175 | 26,175 | ||||||
| Mortgage-backed securities |
11,080 | 11,099 | 11,099 | ||||||
| Public utilities |
14,274 | 15,096 | 15,096 | ||||||
| Convertibles and bonds with warrants attached |
2 | 2 | 2 | ||||||
| All other corporate bonds |
90,552 | 93,469 | 93,469 | ||||||
| Redeemable preferred stock |
93 | 96 | 96 | ||||||
| Total fixed maturities, available for sale |
$ | 149,365 | $ | 155,153 | $ | 155,153 | |||
| Fixed maturities, held to maturity: |
|||||||||
| Bonds: |
|||||||||
| United States Government and government agencies and authorities |
$ | — | $ | — | $ | — | |||
| States, municipalities and political subdivisions |
— | — | — | ||||||
| Foreign governments |
874 | 881 | 874 | ||||||
| Mortgage-backed securities |
1,681 | 1,643 | 1,681 | ||||||
| Public utilities |
— | — | — | ||||||
| Convertibles and bonds with warrants attached |
— | — | — | ||||||
| All other corporate bonds |
807 | 821 | 807 | ||||||
| Redeemable preferred stock |
— | — | — | ||||||
| Total fixed maturities, held to maturity |
$ | 3,362 | $ | 3,345 | $ | 3,362 | |||
| Equity securities: |
|||||||||
| Common Stocks: |
|||||||||
| Public utilities |
$ | 256 | $ | 286 | $ | 286 | |||
| Banks, trust and insurance companies |
260 | 342 | 342 | ||||||
| Industrial, miscellaneous and other |
3,627 | 4,346 | 4,346 | ||||||
| Nonredeemable preferred stocks |
36 | 37 | 37 | ||||||
| Total equity securities |
$ | 4,179 | $ | 5,011 | $ | 5,011 | |||
| Trading account assets supporting insurance liabilities(2) |
$ | 13,781 | $ | 13,781 | |||||
| Other trading account assets(2) |
1,443 | 1,443 | |||||||
| Commercial loans(3) |
24,441 | 24,441 | |||||||
| Policy loans |
8,370 | 8,370 | |||||||
| Securities purchased under agreements to resell |
413 | 413 | |||||||
| Other long-term investments |
5,468 | 5,468 | |||||||
| Short-term investments |
3,959 | 3,959 | |||||||
| Total investments |
$ | 214,781 | $ | 221,401 | |||||
| (1) | Original cost of equities reduced by impairments and, as to fixed maturities, original cost reduced by repayments and impairments and adjusted for amortization of premiums and accretion of discounts. |
| (2) | At fair value. |
| (3) | Includes collateralized mortgage loans of $22,972 million and uncollateralized loans of $1,469 million. |
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