The Hartford 2013 Annual Report Download - page 210

F-74
13. Debt
The Company’s long-term debt securities are issued by either HFSG Holding Company or HLI, and are unsecured obligations of HFSG
Holding Company or HLI, and rank on a parity with all other unsecured and unsubordinated indebtedness of HFSG Holding Company
or HLI. The Company's revolving credit facility debt is secured by Japan government bonds and is drawn by HLIKK.
Debt is carried net of discount. Short-term and long-term debt by issuance are as follows:
As of December 31,
2013 2012
Revolving Credit Facilities $ 238 $ —
Senior Notes and Debentures
4.625% Notes, due 2013 — 320
4.75% Notes, due 2014 200 200
4.0% Notes, due 2015 289 300
7.3% Notes, due 2015 167 200
5.5% Notes, due 2016 275 300
5.375% Notes, due 2017 415 499
4.0% Notes, due 2017 295 325
6.3% Notes, due 2018 320 500
6.0% Notes, due 2019 413 500
5.5% Notes, due 2020 499 499
5.125% Notes, due 2022 796 796
7.65% Notes, due 2027 79 149
7.375% Notes, due 2031 63 92
5.95% Notes, due 2036 298 298
6.625% Notes, due 2040 295 299
6.1% Notes, due 2041 326 325
6.625% Notes, due 2042 178 424
4.3% Notes, due 2043 298 —
Junior Subordinated Debentures
7.875% Notes, due 2042 600 600
8.125% Notes, due 2068 500 500
Total Notes and Debentures 6,306 7,126
Less: Current maturities 200 320
Long-Term Debt 6,106 6,806
Total Debt $ 6,544 $ 7,126
The effective interest rate on the 6.1% senior notes due 2041 is 7.9%. The effective interest rate on the remaining notes does not differ
materially from the stated rate. The Company incurred interest expense of $397, $457 and $508 on long-term debt for the years ended
December 31, 2013, 2012 and 2011, respectively.
Table of Contents THE HARTFORD FINANCIAL SERVICES GROUP, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)