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Debt (Tables)

12 Months Ended

Dec. 31, 2014

Debt Disclosure [Abstract]

Long-term debt

			As of December 31,
	In millions		2014			2013
	6.400% Senior Notes due 2022 (1)		$	266		$	266
	7.000% Debentures due 2025			56			56
	7.150% Debentures due 2027			100			100
	6.625% Debentures due 2028			141			141
	5.700% Senior Notes due 2034 (2)			21			21
	Accrued interest			8			8
				592			592
	14% Surplus Notes due 2033 (3)			940			940
	Accrued interest			278			170
	Total		$	1,810		$	1,702
	________________
	(1) - Callable on or after August 15, 2006 at 100.00.
	(2) - Callable anytime at the greater of 100.00 or the present value of the remaining scheduled
	payments of principal and interest.
	(3) - Callable on or after January 15, 2018 and every fifth anniversary thereafter at 100.00.

Aggregate maturity of debt obligations

In millions		2015			2016			2017			2018			2019			Thereafter			Total
Corporate debt		$	-		$	-		$	-		$	-		$	-		$	584		$	584
14% Surplus Notes due 2033 (1)			-			-			-			940			-			-			940
Total debt obligations due		$	-		$	-		$	-		$	940		$	-		$	584		$	1,524
__________
(1) - Callable on or after January 15, 2018 and every fifth anniversary thereafter at 100.00.

Principal payments due under investment agreement obligations

			Principal
	In millions		Amount
	Maturity date:
	2015		$	39
	2016			40
	2017			56
	2018			17
	2019			8
	Thereafter			455
	Total expected principal payments (1)		$	615
	Less discount and other adjustments (2)			68
	Total		$	547
	________________
	(1)- Amounts reflect principal due at maturity for investment agreements issued at a discount.
	(2)- Includes discounts of $75 million on investment agreements, net of accrued interest of $7 million.

Principal payments due under medium-term note obligations based on contractual maturity

			Principal
	In millions		Amount
	Maturity date:
	2015		$	102
	2016			119
	2017			53
	2018			59
	2019			61
	Thereafter			1,152
	Total expected principal payments (1)		$	1,546
	Less discount and other adjustments (2)			345
	Total		$	1,201
	________________
	(1)- Amounts reflect principal due at maturity for notes issued at a discount or premium.
	(2)- Includes discounts of $306 million, fair value adjustments of $45 million, net of accrued interest of $6 million.

Maturity of VIE notes, by segment

	In millions
	Maturity date:
	2015		$	471
	2016			336
	2017			346
	2018			321
	2019			299
	Thereafter			3,031
	Total		$	4,804 (1)
	_______________
	(1) - Includes $2.0 billion of VIE notes accounted for at fair value as of December 31, 2014.

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Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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