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Schedule II Condensed Financial Information of the Hartford Financial Services, Inc.
 12 Months Ended
Dec. 31, 2020
Condensed Financial Information Disclosure [Abstract]  
Schedule II Condensed Financial Information of the Hartford Financial Services, Inc.
THE HARTFORD FINANCIAL SERVICES GROUP, INC.
SCHEDULE II
CONDENSED FINANCIAL INFORMATION OF THE HARTFORD FINANCIAL SERVICES GROUP, INC.
(Registrant)
(in millions)
 As of December 31,
Condensed Balance Sheets20202019
Assets  
Fixed maturities, available-for-sale, at fair value (amortized cost of $127 and $293)
$127 $294 
Equity securities, at fair value— 31 
Other investments20 159 
Short-term investments1,678 874 
Cash— — 
Investment in affiliates22,986 21,243 
Deferred income taxes493 561 
Unamortized issue costs2 2 
Other assets66 71 
Total assets$25,372 $23,235 
Liabilities and Stockholders’ Equity  
Net payable to affiliates $1,757 $1,602 
Short-term debt (includes current maturities of long-term debt)— 500 
Long-term debt4,352 4,348 
Other liabilities707 515 
Total liabilities6,816 6,965 
Total stockholders’ equity18,556 16,270 
Total liabilities and stockholders’ equity$25,372 $23,235 
The condensed financial statements should be read in conjunction with the consolidated financial statements and notes thereto.
THE HARTFORD FINANCIAL SERVICES GROUP, INC.
SCHEDULE II
CONDENSED FINANCIAL INFORMATION OF THE HARTFORD FINANCIAL SERVICES GROUP, INC. (continued)
(Registrant)
(in millions)
 For the years ended December 31,
Condensed Statements of Operations and Comprehensive Income202020192018
Net investment income$9 $50 $41 
Net realized capital gains (losses)(2)3 37 
Total revenues7 53 78 
Interest expense236 255 298 
Loss on extinguishment of debt— 68 6 
Other expense (income)(8)15 (6)
Total expenses228 338 298 
Loss before income taxes and earnings of subsidiaries(221)(285)(220)
Income tax expense (benefit)(39)(60)(630)
Income (loss) before earnings of subsidiaries(182)(225)410 
Earnings (losses) of subsidiaries1,919 2,310 1,397 
Net income (loss)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)
Total other comprehensive income (loss)1,118 1,631 (2,237)
Total comprehensive income (loss) $2,855 $3,716 $(430)

The condensed financial statements should be read in conjunction with the consolidated financial statements and notes thereto.
THE HARTFORD FINANCIAL SERVICES GROUP, INC.
SCHEDULE II
CONDENSED FINANCIAL INFORMATION OF THE HARTFORD FINANCIAL SERVICES GROUP, INC. (continued)
(Registrant)
(in millions)
 For the years ended December 31,
Condensed Statements of Cash Flows202020192018
Operating Activities   
Net income $1,737 $2,085 $1,807 
Loss on extinguishment of debt— 68 6 
Dividends received from subsidiaries995 18 3,115 
Equity in net income of subsidiaries(1,919)(2,310)(1,397)
Net realized capital losses (gains)2 3 (37)
Change in operating assets and liabilities504 640 (716)
Cash provided by operating activities1,319 504 2,778 
Investing Activities   
Net proceeds from (payments for) short-term investments(802)1,731 (2,161)
Proceeds from the sale/maturity/prepayment of:
   Fixed maturities, available-for-sale311 478 — 
   Equity securities, at fair value124 — — 
Payments for the purchase of:
   Fixed maturities, available-for-sale(128)— — 
Net payments for derivatives(57)(33)— 
Net additions to property and equipment— — (69)
Amount paid for business acquired— (2,098)— 
Capital returned from (contributions to) subsidiaries386 (20)(148)
Cash provided by (used for) investing activities(166)58 (2,378)
Financing Activities   
Proceeds from issuance of debt— 1,376 490 
Repayments of debt(500)(1,278)(826)
Preferred stock issued, net of issuance costs— — 334 
Treasury stock acquired(150)(200)— 
Net return of shares under incentive and stock compensation plans(21)(6)(18)
Dividends paid on common shares(461)(436)(379)
Dividends paid on preferred shares(21)(21)— 
Cash used for financing activities(1,153)(565)(399)
Net increase (decrease) in cash— (3)1 
Cash — beginning of period— 3 2 
Cash — end of period$— $— $3 
Supplemental Disclosure of Cash Flow Information   
Interest Paid$232 $255 $290 
The condensed financial statements should be read in conjunction with the consolidated financial statements and notes thereto.