Schedule II Condensed Financial Information of The Hartford Financial Services Group, Inc. Level 1 (Notes)

12 Months Ended

Dec. 31, 2014

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Financial Information of The Hartford Financial Services Group, Inc. Registrant

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

SCHEDULE II

CONDENSED FINANCIAL INFORMATION OF THE HARTFORD FINANCIAL SERVICES GROUP, INC.

(Registrant)

(In millions)

	As of December 31,
Condensed Balance Sheets	2014		2013
Assets
Fixed maturities, available-for-sale, at fair value	$	1,093	$	1,064
Other investments	12		17
Short-term investments	961		801
Investment in affiliates	23,800		23,353
Deferred income taxes	1,582		1,227
Unamortized Issue Costs	49		51
Other assets	36		45
Total assets	$	27,533	$	26,558
Liabilities and Stockholders’ Equity
Net payable to affiliates [1]	$	1,218	$	407
Short-term debt (includes current maturities of long-term debt)	456		200
Long-term debt	5,510		5,964
Other liabilities	1,629		1,082
Total liabilities	8,813		7,653
Total stockholders’ equity	18,720		18,905
Total liabilities and stockholders’ equity	$	27,533	$	26,558

	For the years ended December 31,
Condensed Statements of Operations and Comprehensive Income	2014			2013			2012
Net investment income	$	11		$	10		$	3
Net realized capital losses	(6		)	(7		)	(6		)
Total revenues	5			3			(3		)
Interest expense	365			384			439
Other expenses	134			178			926
Total expenses	499			562			1,365
Loss before income taxes and earnings of subsidiaries	(494		)	(559		)	(1,368		)
Income tax benefit	(172		)	(187		)	(482		)
Loss before earnings of subsidiaries	(322		)	(372		)	(886		)
Earnings of subsidiaries	1,120			548			848
Net income (loss)	798			176			(38		)
Other comprehensive income (loss) - parent company:
Change in net gain/loss on cash-flow hedging instruments	—			(11		)	—
Change in net unrealized gain/loss on securities	10			(13		)	1
Change in pension and other postretirement plan adjustments	(292		)	127			(172		)
Other comprehensive income (loss), net of taxes before other comprehensive income of subsidiaries	(282		)	103			(171		)
Other comprehensive income of subsidiaries [2]	1,289			(3,025		)	1,763
Total other comprehensive income (loss) [2]	1,007			(2,922		)	1,592
Total comprehensive income (loss) [2]	$	1,805		$	(2,746	)	$	1,554

[1] Net payables to affiliates as of December 31, 2013 was net of a $655 note receivable from White River Life Reinsurance Company ("WRR"), an affiliate captive reinsurer, and the Company, pursuant to an intercompany agreement. On April 30, 2014, the Company dissolved WRR which resulted in WRR paying off this intercompany note.

[2] In 2013, the Company inadvertently reported the comprehensive loss as comprehensive income in this table causing two subtotals to be incorrectly stated as well. This error had no impact on the reported comprehensive income of the parent company and did not impact any other disclosures in this document and has been subsequently corrected.

THE HARTFORD FINANCIAL SERVICES GROUP, INC.

SCHEDULE II

CONDENSED FINANCIAL INFORMATION OF THE HARTFORD FINANCIAL SERVICES GROUP, INC. (continued)

(Registrant)

(In millions)

	For the years ended December 31,
Condensed Statements of Cash Flows	2014			2013			2012
Operating Activities
Net income	$	798		$	176		$	(38	)
Loss on extinguishment of debt	—			176			910
Undistributed earnings of subsidiaries	(1,120		)	(549		)	(847		)
Change in operating assets and liabilities	3,376			1,170			770
Cash provided by operating activities	3,054			973			795
Investing Activities
Net sales of short-term investments	(212		)	(454		)	213
Capital contributions to subsidiaries	(585		)	1,211			(334		)
Cash provided by (used for) investing activities	(797		)	757			(121		)
Financing Activities
Proceeds from issuance of long-term debt	—			295			2,123
Repurchase of warrants	—			(33		)	(300		)
Repayments of long-term debt	(200		)	(1,190		)	(2,133		)
Treasury stock acquired	(1,796		)	(600		)	(154		)
Proceeds from net issuances of common shares under incentive and stock compensation plans and excess tax benefits	21			20			7
Dividends paid — Preferred shares	—			(21		)	(42		)
Dividends paid — Common Shares	(282		)	(201		)	(175		)
Cash used for financing activities	(2,257		)	(1,730		)	(674		)
Net change in cash	—			—			—
Cash — beginning of year	—			—			—
Cash — end of year	$	—		$	—		$	—
Supplemental Disclosure of Cash Flow Information
Interest Paid	$	366		$	366		$	443
Dividends Received from Subsidiaries	$	2,589		$	1,096		$	1,026