XML 89 R28.htm IDEA: XBRL DOCUMENT
v3.25.0.1

Leases Leases | 12 Months Ended
--- | ---
Dec. 31, 2024
Leases [Abstract] |
Leases | 20. LEASES The Hartford has operating leases for real estate and equipment. The right-of-use asset as of December 31, 2024 and 2023 was $140 and $141, respectively, and is included in property and equipment, net, in the Consolidated Balance Sheets. The lease liability as of December 31, 2024 and 2023 was $145 and $144, respectively, and is included in other liabilities in the Consolidated Balance Sheets. Variable lease costs include changes in interest rates on variable rate leases primarily for automobiles. During the years ended December 31, 2024, 2023 and 2022, variable lease costs of $0, $0 and $6, respectively, were reported in restructuring and other costs for lease terminations under Hartford Next (see Note 21 - Restructuring and Other Costs for more information), and were excluded from components of lease expense. Components of Lease Expense
| For the years ended December 31,
| 2024 | 2023 | 2022
Operating lease cost | $ | 35 |  | $ | 36 |  | $ | 40 |
Short-term lease cost | 1 |  | — |  | — |
Variable lease cost | 1 |  | (2) |  | — |
Sublease income | (3) |  | (4) |  | (4) |
Total lease costs included in insurance operating costs and other expenses | $ | 34 |  | $ | 30 |  | $ | 36 |
Supplemental Operating Lease Information
| For the years ended December 31,
| 2024 | 2023 | 2022
Operating cash flows for operating leases (for the twelve months ended) | $ | 33 |  | $ | 37 |  | $ | 56 |
Right-of-use asset obtained in exchange for new operating lease liabilities | 25 |  | 40 |  | 6 |
Weighted-average remaining lease term in years for operating leases | 6 years | 7 years | 6 years
Weighted-average discount rate for operating leases | 4.3 | % | 4.0 | % | 3.0 | %
Maturities of Operating Lease Liabilities as of December 31, 2024
| Operating Leases
2025 | $ | 31 |
2026 | 29 |
2027 | 27 |
2028 | 23 |
2029 | 19 |
Thereafter | 40 |
Total lease payments | 169 |
Less: Discount on lease payments to present value | 24 |
Total lease liability | $ | 145 |

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/842-20/tableOfContent + Details
Name: | us-gaap_LesseeOperatingLeasesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration