The Hartford 2014 Annual Report Download - page 106

The following table presents the Company’s AFS securities by type, as well as fixed maturities and equity, FVO.
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ABS
Consumer loans $ 2,052 $ 14 $ (28) $ 2,038 3.4% $ 1,982 $ 11 $ (48) $ 1,945 3.1%
Small business 166 14 (8) 172 0.3% 194 3 (16) 181 0.3%
Other 252 11 (1) 262 0.4% 228 11 — 239 0.4%
Collateralized debt obligations
("CDOs")
Collateralized loan obligations
(“CLOs”) 2,279 4 (17) 2,266 3.8% 1,781 3 (34) 1,750 2.8%
Commercial real estate ("CREs") 114 88 (9) 193 0.3% 176 88 (16) 248 0.4%
Other [1] 383 6 (10) 382 0.6% 383 17 (9) 389 0.6%
Commercial mortgage-backed
securities ("CMBS")
Agency backed [2] 1,136 45 (1) 1,180 2.0% 1,068 20 (12) 1,076 1.7%
Bonds 2,594 126 (4) 2,716 4.6% 2,836 168 (31) 2,973 4.8%
Interest only (“IOs”) 505 25 (11) 519 0.9% 384 28 (15) 397 0.6%
Corporate
Basic industry 1,673 105 (22) 1,756 3.0% 2,085 106 (38) 2,153 3.5%
Capital goods 1,880 192 (4) 2,068 3.5% 2,077 161 (14) 2,224 3.6%
Consumer cyclical 1,647 128 (8) 1,767 3.0% 1,801 119 (17) 1,903 3.1%
Consumer non-cyclical 3,473 335 (5) 3,803 6.4% 3,600 288 (21) 3,867 6.2%
Energy [3] 3,092 252 (49) 3,295 5.5% 3,407 242 (21) 3,628 5.8%
Financial services 4,942 405 (94) 5,253 8.8% 5,044 287 (145) 5,186 8.3%
Tech./comm. 3,150 370 (12) 3,508 5.9% 3,223 223 (28) 3,418 5.5%
Transportation 891 82 (4) 969 1.6% 972 65 (13) 1,024 1.6%
Utilities [3] 4,278 496 (13) 4,761 8.0% 4,582 318 (47) 4,853 7.8%
Other 162 17 — 179 0.3% 222 14 (2) 234 0.4%
Foreign govt./govt. agencies 1,592 73 (29) 1,636 2.8% 4,228 52 (176) 4,104 6.6%
Municipal
Taxable 1,135 135 (2) 1,268 2.1% 1,299 32 (67) 1,264 2.0%
Tax-exempt 10,600 1,006 (3) 11,603 19.5% 10,633 393 (117) 10,909 17.5%
RMBS
Agency 2,448 98 (2) 2,544 4.3% 3,366 59 (38) 3,387 5.4%
Non-agency 81 3 — 84 0.1% 86 — — 86 0.1%
Alt-A 55 1 — 56 0.1% — — — — —%
Sub-prime 1,231 20 (17) 1,234 2.1% 1,187 31 (44) 1,174 1.9%
U.S. Treasuries 3,551 326 (5) 3,872 6.5% 3,797 7 (59) 3,745 6.0%
          
Equity securities
Financial services 149 13 — 162 23.2% 233 11 (29) 215 24.8%
Other 527 37 (27) 537 76.8% 617 56 (20) 653 75.2%
          
        
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[1] Gross unrealized gains (losses) exclude the fair value of bifurcated embedded derivative features of certain securities. Changes in value are recorded in net realized capital
gains (losses).
[2] Includes securities with pools of loans issued by the Small Business Administration which are backed by the full faith and credit of the U.S. government.
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