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Schedule II Condensed Financial Information of the Hartford Financial Services, Inc.
 12 Months Ended
Dec. 31, 2021
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 Sheets20212020
Assets  
Fixed maturities, available-for-sale, at fair value (amortized cost of $174 and $127)
$173 $127 
Other investments12 20 
Short-term investments1,732 1,678 
Cash— — 
Investment in affiliates22,546 22,986 
Deferred income taxes430 493 
Unamortized issue costs3 2 
Other assets344 66 
Total assets$25,240 $25,372 
Liabilities and Stockholders’ Equity  
Net payable to affiliates $1,820 $1,757 
Long-term debt4,944 4,352 
Other liabilities633 707 
Total liabilities7,397 6,816 
Total stockholders’ equity17,843 18,556 
Total liabilities and stockholders’ equity$25,240 $25,372 
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 Income202120202019
Net investment income$2 $9 $50 
Net realized gains (losses)(1)(2)3 
Total revenues1 7 53 
Interest expense234 236 255 
Loss on extinguishment of debt— — 68 
Other expense (income)(2)(8)15 
Total expenses232 228 338 
Loss before income taxes and earnings of subsidiaries(231)(221)(285)
Income tax expense (benefit)(51)(39)(60)
Income (loss) before earnings of subsidiaries(180)(182)(225)
Earnings of subsidiaries2,545 1,919 2,310 
Net income2,365 1,737 2,085 
Other comprehensive income (loss) - parent company:
Change in net gain or loss on cash-flow hedging instruments24 (28)(24)
Change in net unrealized gain or loss on fixed maturities(1)(1)5 
Change in pension and other postretirement plan adjustments224 (36)(35)
Other comprehensive income (loss), net of taxes before other comprehensive income of subsidiaries
247 (65)(54)
Other comprehensive income (loss) of subsidiaries (1,245)1,183 1,685 
Total other comprehensive income (loss)(998)1,118 1,631 
Total comprehensive income$1,367 $2,855 $3,716 

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 Flows202120202019
Operating Activities   
Net income $2,365 $1,737 $2,085 
Loss on extinguishment of debt— — 68 
Dividends received from subsidiaries1,277 995 18 
Equity in net income of subsidiaries(2,545)(1,919)(2,310)
Net realized losses (gains)1 2 3 
Change in operating assets and liabilities36 504 640 
Cash provided by operating activities1,134 1,319 504 
Investing Activities   
Net proceeds from (payments for) short-term investments(54)(802)1,731 
Proceeds from the sale/maturity/prepayment of:
   Fixed maturities, available-for-sale25 311 478 
   Equity securities, at fair value— 124 — 
Payments for the purchase of:
   Fixed maturities, available-for-sale(74)(128)— 
Net payments for derivatives38 (57)(33)
Amount paid for business acquired— — (2,098)
Capital returned from (contributions to) subsidiaries530 386 (20)
Cash provided by (used for) investing activities465 (166)58 
Financing Activities   
Proceeds from issuance of debt588 — 1,376 
Repayments of debt— (500)(1,278)
Treasury stock acquired(1,702)(150)(200)
Net issuance (return of) shares under incentive and stock compensation plans25 (21)(6)
Dividends paid on common shares(489)(461)(436)
Dividends paid on preferred shares(21)(21)(21)
Cash used for financing activities(1,599)(1,153)(565)
Net increase (decrease) in cash— — (3)
Cash — beginning of period— — 3 
Cash — end of period$— $— $— 
Supplemental Disclosure of Cash Flow Information   
Interest Paid$214 $232 $255 
The condensed financial statements should be read in conjunction with the consolidated financial statements and notes thereto.