Aetna 2012 Annual Report Download - page 107

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Annual Report- Page 101
2011, respectively. The hedge fund partnership had total assets of approximately $7.0 billion and $5.9 billion at
December 31, 2012 and 2011, respectively.
Non-controlling (Minority) Interests
At December 31, 2012 and 2011, non-controlling interests were approximately $69 million and $71 million,
respectively, primarily related to third party interests in our investment holdings. The non-controlling entities’ share
of these interests was included in accrued expenses and other current liabilities. Net income attributable to these
interests was $2 million for 2012 and 2011 and $4 million for 2010. These non-controlling interests did not have a
material impact on our financial position or operating results.
Net Investment Income
Sources of net investment income for 2012, 2011 and 2010 were as follows:
(Millions) 2012 2011 2010
Debt securities $ 763.7 $ 829.2 $ 911.8
Mortgage loans 122.4 102.8 118.7
Other investments 66.8 29.8 56.5
Gross investment income 952.9 961.8 1,087.0
Less: investment expenses (34.6) (31.0) (30.7)
Net investment income (1) $ 918.3 $ 930.8 $ 1,056.3
(1) Net investment income includes $322.2 million, $317.5 million and $344.9 million for December 31, 2012, 2011 and 2010, respectively,
related to investments supporting our experience-rated and discontinued products.
9. Other Comprehensive (Loss) Income
Shareholders’ equity included the following activity in accumulated other comprehensive loss in 2012, 2011 and
2010:
Net Unrealized Gains (Losses) Total
Accumulated
Other
Comprehensive
(Loss) Income
Securities Foreign
Currency
and
Derivatives Pension and
OPEB Plans(Millions) Previously
Impaired (1) All Other
Balance at December 31, 2009 $ 100.3 $ 235.7 $ 25.3 $ (1,584.3) $ (1,223.0)
Other comprehensive (loss) income (25.2) 139.5 (52.6) (1.3) 60.4
Balance at December 31, 2010 75.1 375.2 (27.3) (1,585.6) (1,162.6)
Other comprehensive (loss) income (16.9) 220.0 (6.4) (223.3) (26.6)
Balance at December 31, 2011 58.2 595.2 (33.7) (1,808.9) (1,189.2)
Other comprehensive (loss) income (.9) 230.0 4.2 (77.5) 155.8
Balance at December 31, 2012 $ 57.3 $ 825.2 $ (29.5) $ (1,886.4) $ (1,033.4)
(1) Represents unrealized losses on the non-credit related component of impaired debt securities that we do not intend to sell
and subsequent changes in the fair value of any previously impaired debt security.