Investment Income (Tables)

3 Months Ended

Mar. 31, 2015

Investments [Abstract]

Realized Investment Gains and Losses

	Three Months Ended
	March 31,
(In millions)	2015		2014
Fixed maturities	$	7	$	8
Equity securities		13		17
Commercial mortgage loans		5		-
Other investments, including derivatives		48		17
Realized investment gains before income taxes		73		42
Less income taxes		25		15
Net realized investment gains	$	48	$	27

Asset write-downs and changes in valuation reserves

	Three Months Ended
	March 31,
(In millions)	2015		2014
Credit-related (1)	$	(6)	$	(6)
Other		(5)		-
Total	$	(11)	$	(6)
(1) Credit-related losses are due to asset write-downs related to investments in real estate entities.

Sales of available-for-sale fixed maturities and equity securities

	Three Months Ended
	March 31,
(In millions)	2015		2014
Proceeds from sales	$	393	$	194
Gross gains on sales	$	27	$	22
Gross losses on sales	$	2	$	-