$ in millions except per share and ratio data	1999			1998	1997	1996	1995
		Consolidated Operating Results
		Revenues	$26,959	$25,879	$24,949	$24,299	$22,793
		Operating income	2,082	2,573	2,429	1,600	1,587
		Realized capital gains and losses, after-tax	691	694	638	510	168
		Net income	2,720	3,294	3,105	2,075	1,904
		Earnings per share—diluted	3.38	3.94	3.56	2.31	2.12
		Consolidated Financial Position
		Investments	$69,645	$66,525	$62,548	$58,329	$56,505
		Total assets	98,119	87,691	80,918	74,508	70,029
		Reserves for claims and life-contingent
		contract benefits and contractholder funds	50,610	45,615	44,874	43,789	42,904
		Debt	2,851	1,746	1,696	1,386	1,228
		Mandatorily redeemable preferred securities
		of subsidiary trusts	964	750	750	750	—
		Shareholders’ equity	16,601	17,240	15,610	13,452	12,680
		Property-Liability Operations
		Premiums written	$20,389	$19,515	$18,789	$18,586	$17,965
		Premiums earned	20,112	19,307	18,604	18,366	17,540
		Net investment income	1,761	1,723	1,746	1,758	1,630
		Operating income	1,717	2,211	2,079	1,266	1,301
		Realized capital gains and losses, after-tax	609	514	511	490	158
		Net income	2,312	2,760	2,670	1,725	1,608
		Operating ratios
		Claims and claims expense ratio	73.0	70.4	71.7	78.9	78.1
		Expense ratio	24.4	22.8	22.3	21.6	22.3
		Combined ratio	97.4	93.2	94.0	100.5	100.4
		Life and Savings Operations
		Premiums and contract charges	$ 1,623	$ 1,519	$ 1,502	$ 1,336	$ 1,368
		Net investment income	2,260	2,115	2,085	2,045	1,992
		Operating income	384	392	377	368	327
		Realized capital gains and losses, after-tax	101	158	123	20	10
		Net income	485	550	497	388	337
		Statutory premiums and deposits	8,497	5,902	4,946	5,157	4,874
		Investments including Separate Accounts	48,301	41,863	37,341	33,588	31,065

   >For more detailed information see proxy statement.

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