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Stock Compensation Plans
6 Months Ended
Jun. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock Compensation Plans
Stock Compensation Plans
The Company has four stock-based compensation plans which are described in Note 19 - Stock Compensation Plans of Notes to Consolidated Financial Statements included in The Hartford’s 2013 Annual Report on Form 10-K. Shares issued in satisfaction of stock-based compensation may be made available from authorized but unissued shares, shares held by the Company in treasury or from shares purchased in the open market. In 2014 and 2013, the Company issued shares from treasury in satisfaction of stock-based compensation.
 
 
Three Months Ended June 30,
 
Six Months Ended June 30,
 
2014
2013
 
2014
2013
Stock-based compensation plans expense
$
34

$
18

 
$
53

$
32

Income tax benefit
(12
)
(6
)
 
(19
)
(11
)
Total stock-based compensation plans expense, after-tax
$
22

$
12

 
$
34

$
21


In the second quarter the Company modified an executive’s awards to receive retirement treatment under the Company’s 2010 Incentive Stock Plan. The incremental compensation cost resulting from the modifications totaled $16 of which $11 was recognized in the second quarter. The remainder will be recognized over the remaining service period.
The Company did not capitalize any cost of stock-based compensation. As of June 30, 2014, the total compensation cost related to non-vested awards not yet recognized was $127, which is expected to be recognized over a weighted average period of 2.2 years.