The Hartford 2014 Annual Report Download - page 139

Table of Contents

Consolidated Balance Sheets

(In millions, except for share and per share data)  
Assets
Investments:
Fixed maturities, available-for-sale, at fair value (amortized cost of $55,362 and $60,641) (includes variable interest entity
assets, at fair value, of $0 and $31) $ 59,384 $ 62,357
Fixed maturities, at fair value using the fair value option (includes variable interest entity assets of $218 and $161) 488 844
Equity securities, trading, at fair value (cost of $10 and $14,504) 11 19,745
Equity securities, available-for-sale, at fair value (cost of $1,027 and $850) (includes equity securities, at fair value using
the fair value option, of $348 and $0) 1,047 868
Mortgage loans (net of allowances for loan losses of $18 and $67) 5,556 5,598
Policy loans, at outstanding balance 1,431 1,420
Limited partnerships and other alternative investments (includes variable interest entity assets of $3 and $4) 2,942 3,040
Other investments 536 521
Short-term investments (includes variable interest entity assets, at fair value, of $16 and $3) 4,883 4,008
Total investments 76,278 98,401
Cash (includes variable interest entity assets, at fair value, of $9 and $0) 399 1,428
Premiums receivable and agents’ balances, net 3,429 3,465
Reinsurance recoverables, net 22,920 23,330
Deferred policy acquisition costs 1,823 2,161
Deferred income taxes, net 2,897 3,840
Goodwill 498 498
Property and equipment, net 831 877
Other assets 1,236 2,998
Separate account assets 134,702 140,886
    
Liabilities
Reserve for future policy benefits and unpaid losses and loss adjustment expenses $ 41,444 $ 41,373
Other policyholder funds and benefits payable 32,532 39,029
Other policyholder funds and benefits payable — international variable annuities — 19,734
Unearned premiums 5,255 5,225
Short-term debt 456 438
Long-term debt 5,653 6,106
Other liabilities (includes variable interest entity liabilities of $6 and $33) 6,251 6,188
Separate account liabilities 134,702 140,886
  

Stockholders’ Equity
Common stock, $0.01 par value — 1,500,000,000 shares authorized, 490,923,222 and 490,923,222 shares issued 5 5
Additional paid-in capital 9,123 9,894
Retained earnings 11,191 10,683
Treasury stock, at cost — 66,507,690 and 37,632,782 shares (2,527) (1,598)
Accumulated other comprehensive income (loss), net of tax 928 (79)
  
    
See Notes to Consolidated Financial Statements.
F-5