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Schedule II Condensed Financial Information of the Hartford Financial Services, Inc.
 12 Months Ended
Dec. 31, 2024
Condensed Financial Information Disclosure [Abstract]  
Schedule II Condensed Financial Information of the Hartford Financial Services, Inc.
THE HARTFORD INSURANCE GROUP, INC.
SCHEDULE II
CONDENSED FINANCIAL INFORMATION OF THE HARTFORD INSURANCE GROUP, INC.
(Registrant)
(in millions)
 As of December 31,
Condensed Balance Sheets20242023
Assets  
Fixed maturities, available-for-sale, at fair value (amortized cost of $24 and $29)
$20 $24 
Short-term investments1,290 1,040 
Cash— — 
Investment in affiliates21,177 20,261 
Deferred income taxes432 439 
Unamortized issue costs1 2 
Investment income due and accrued1 — 
Other assets409 400 
Total assets$23,330 $22,166 
Liabilities  
Net payable to affiliates $1,967 $1,918 
Long-term debt4,366 4,362 
Other liabilities550 559 
Total liabilities6,883 6,839 
Stockholders’ Equity
Preferred stock$334 $334 
Common stock3 3 
Additional paid-in capital578 648 
Retained Earnings21,531 19,007 
Treasury Stock(3,113)(1,816)
Accumulated other comprehensive income (loss), net of tax(2,886)(2,849)
Total stockholders’ equity16,447 15,327 
Total liabilities and stockholders’ equity$23,330 $22,166 
The condensed financial statements should be read in conjunction with the consolidated financial statements and notes thereto.
THE HARTFORD INSURANCE GROUP, INC.
SCHEDULE II
CONDENSED FINANCIAL INFORMATION OF THE HARTFORD INSURANCE GROUP, INC. (continued)
(Registrant)
(in millions)
 For the years ended December 31,
Condensed Statements of Operations and Comprehensive Income (Loss)202420232022
Net investment income$47 $33 $13 
Net realized gains4 — — 
Total revenues51 33 13 
Interest expense199 199 213 
Loss on extinguishment of debt— — 9 
Other expense (income)(3)7 (8)
Total expenses196 206 214 
Loss before income taxes and earnings of subsidiaries(145)(173)(201)
Income tax benefit(44)(67)(61)
Loss before earnings of subsidiaries(101)(106)(140)
Earnings of subsidiaries3,212 2,610 1,959 
Net income3,111 2,504 1,819 
Other comprehensive income (loss) - parent company:
Change in net gain or loss on cash-flow hedging instruments(3)(7)45 
Change in net unrealized gain or loss on fixed maturities— 1 (4)
Change in pension and other postretirement plan adjustments(5)(89)119 
Other comprehensive income (loss), net of taxes before other comprehensive income of subsidiaries
(8)(95)160 
Other comprehensive income (loss) of subsidiaries (29)1,087 (4,129)
Total other comprehensive income (loss)(37)992 (3,969)
Total comprehensive income (loss)$3,074 $3,496 $(2,150)

The condensed financial statements should be read in conjunction with the consolidated financial statements and notes thereto.
THE HARTFORD INSURANCE GROUP, INC.
SCHEDULE II
CONDENSED FINANCIAL INFORMATION OF THE HARTFORD INSURANCE GROUP, INC. (continued)
(Registrant)
(in millions)
 For the years ended December 31,
Condensed Statements of Cash Flows202420232022
Operating Activities   
Net income $3,111 $2,504 $1,819 
Loss on extinguishment of debt— — 9 
Dividends received from subsidiaries1,587 1,594 1,780 
Equity in net income of subsidiaries(3,212)(2,610)(1,959)
Net realized gains(4)— — 
Change in operating assets and liabilities132 75 61 
Cash provided by operating activities1,614 1,563 1,710 
Investing Activities   
Net proceeds from (payments for) short-term investments(250)(208)899 
Proceeds from the sale/maturity/prepayment of:
   Fixed maturities, available-for-sale4 97 47 
Payments for the purchase of:
Equity securities, at fair value— — (5)
Net payments for derivatives2 (8)55 
Capital returned from (contributions to) subsidiaries704 503 (6)
Cash provided by investing activities460 384 990 
Financing Activities   
Repayments of debt— — (600)
Treasury stock acquired, including related excise tax paid(1,514)(1,400)(1,550)
Net issuance (return of) shares under incentive and stock compensation plans, including related excise tax benefit22 6 (19)
Dividends paid on common shares(561)(532)(510)
Dividends paid on preferred shares(21)(21)(21)
Cash used for financing activities(2,074)(1,947)(2,700)
Net increase (decrease) in cash— — — 
Cash — beginning of period— — — 
Cash — end of period$— $— $— 
Supplemental Disclosure of Cash Flow Information   
Interest Paid$211 $209 $212 
The condensed financial statements should be read in conjunction with the consolidated financial statements and notes thereto.