XML 244 R181.htm IDEA: XBRL DOCUMENT v3.20.4
Schedule II Condensed Financial Information of the Hartford Financial Services, Inc. - Statements of Operations (Details) - USD ($)
$ in Millions
 3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Consolidated Statements of Operations and Comprehensive Income                      
Net investment income                 $ 1,846 $ 1,951 $ 1,780
Net realized capital gains (losses)                 (14) 395 (112)
Revenues $ 5,328 $ 5,171 $ 5,068 $ 4,956 $ 5,361 $ 5,347 $ 5,092 $ 4,940 20,523 20,740 18,955
Interest expense                 236 259 298
Loss on extinguishment of debt                 0 (90) (6)
Total benefits, losses and expenses 4,676 4,639 4,476 4,612 4,685 4,694 4,636 4,165 18,403 18,180 17,202
Income tax expense                 383 475 268
Net income $ 537 $ 459 $ 468 $ 273 $ 548 $ 535 $ 372 $ 630 1,737 2,085 1,807
Other comprehensive income (loss) - parent company:                      
OCI, net of tax                 1,118 1,631 (2,237)
Comprehensive income (loss)                 2,855 3,716 (430)
Parent Company                      
Consolidated Statements of Operations and Comprehensive Income                      
Net investment income                 9 50 41
Net realized capital gains (losses)                 (2) 3 37
Revenues                 7 53 78
Interest expense                 236 255 298
Loss on extinguishment of debt                 0 (68) (6)
Other expense (income)                 (8) 15 (6)
Total benefits, losses and expenses                 228 338 298
Loss before income taxes and earnings of subsidiaries                 (221) (285) (220)
Income tax expense                 (39) (60) (630)
Income (loss) before earnings of subsidiaries                 (182) (225) 410
Earnings of subsidiaries                 1,919 2,310 1,397
Net income                 1,737 2,085 1,807
Other comprehensive income (loss) - parent company:                      
Change in net gain or loss on cash-flow hedging instruments                 (28) (24) 8
Change in net unrealized gain or loss on fixed maturities                 (1) 5 (271)
Change in pension and other postretirement plan adjustments                 (36) (35) (26)
Other comprehensive income (loss), net of taxes before other comprehensive income of subsidiaries                 (65) (54) (289)
Other comprehensive income (loss) of subsidiaries                 1,183 1,685 (1,948)
OCI, net of tax                 1,118 1,631 (2,237)
Comprehensive income (loss)                 $ 2,855 $ 3,716 $ (430)