ITEM 15, FORM 10-K - SCHEDULE I- SUMMARY OF INVESTMENTS
Published on
Exhibit 99.5
Schedule I
Summary of Investments Other Than Investments in Related Parties
As of December 31, 2006 (in millions)
| Type of Investment |
Cost(1) | Value | Amount at which shown in the Balance Sheet | ||||||
| Fixed maturities, available for sale: |
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| Bonds: |
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| United States Government and government agencies and authorities |
$ | 6,493 | $ | 6,956 | $ | 6,956 | |||
| States, municipalities and political subdivisions |
813 | 863 | 863 | ||||||
| Foreign governments |
25,254 | 25,965 | 25,965 | ||||||
| Mortgage-backed securities |
10,856 | 10,883 | 10,883 | ||||||
| Public utilities |
15,062 | 15,699 | 15,699 | ||||||
| Convertibles and bonds with warrants attached |
— | — | — | ||||||
| All other corporate bonds |
100,249 | 102,351 | 102,351 | ||||||
| Redeemable preferred stock |
101 | 99 | 99 | ||||||
| Total fixed maturities, available for sale |
$ | 158,828 | $ | 162,816 | $ | 162,816 | |||
| Fixed maturities, held to maturity: |
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| Bonds: |
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| Foreign governments |
$ | 836 | $ | 844 | $ | 836 | |||
| Mortgage-backed securities |
1,418 | 1,391 | 1,418 | ||||||
| All other corporate bonds |
1,215 | 1,206 | 1,215 | ||||||
| Redeemable preferred stock |
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| Total fixed maturities, held to maturity |
$ | 3,469 | $ | 3,441 | $ | 3,469 | |||
| Equity securities: |
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| Common Stocks: |
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| Public utilities |
$ | 295 | $ | 385 | $ | 385 | |||
| Banks, trust and insurance companies |
684 | 866 | 866 | ||||||
| Industrial, miscellaneous and other |
5,126 | 6,085 | 6,085 | ||||||
| Nonredeemable preferred stocks |
719 | 767 | 767 | ||||||
| Total equity securities, available for sale |
$ | 6,824 | $ | 8,103 | $ | 8,103 | |||
| Trading account assets supporting insurance liabilities(2)(3) |
$ | 14,262 | $ | 14,262 | |||||
| Other trading account assets(2) |
2,209 | 2,209 | |||||||
| Commercial loans(4) |
25,739 | 25,739 | |||||||
| Policy loans |
8,887 | 8,887 | |||||||
| Securities purchased under agreements to resell |
153 | 153 | |||||||
| Other long-term investments |
5,034 | 5,034 | |||||||
| Short-term investments |
4,745 | 4,745 | |||||||
| Total investments |
$ | 230,150 | $ | 235,417 | |||||
| (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) | See Note 4 to the Consolidated Financial Statements for the composition of the Company’s “Trading account assets supporting insurance liabilities.” |
| (4) | Includes collateralized mortgage loans of $24,422 million and uncollateralized loans of $1,317 million. |