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Debt
3 Months Ended
Mar. 31, 2022
Debt Disclosure [Abstract]  
Debt
11. DEBT
Junior Subordinated Debentures
On March 14, 2022, The Hartford provided irrevocable notice to holders of its $600 aggregate principal amount 7.875% junior subordinated debentures due 2042 (“7.875% Notes”) that it would redeem the notes at par on April 15, 2022. As a result, the carrying value of the 7.875% Notes was classified in short-term debt as of March 31, 2022 in the Condensed Consolidated Balance Sheets. On April 15, 2022, The Hartford redeemed the 7.875% Notes and, in the second quarter of 2022, will recognize a loss on extinguishment of debt of $9, before tax, for unamortized debt issuance costs.

Shelf Registrations
On February 22, 2022, the Company filed with the Securities and Exchange Commission an automatic shelf registration statement (Registration No. 333-262879) for the potential offering and sale of debt and equity securities. The registration statement allows for the following types of securities to be offered: debt securities, junior subordinated debt securities, guarantees, preferred stock, common stock, depositary shares, warrants, stock purchase contracts, and stock purchase units. In that The Hartford is a well-known seasoned issuer, as defined in Rule 405 under the Securities Act of 1933, the registration statement went effective immediately upon filing and The Hartford may offer and sell an unlimited amount of securities under the registration statement during the three-year life of the registration statement.