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

12 Months Ended

Dec. 31, 2015

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	2015		2014
Assets
Fixed maturities, available-for-sale, at fair value	$	1,361	$	1,093
Other investments	7		12
Short-term investments	350		961
Investment in affiliates	22,601		23,800
Deferred income taxes	1,450		1,582
Unamortized issue costs	43		49
Other assets	37		36
Total assets	$	25,849	$	27,533
Liabilities and Stockholders’ Equity
Net payable to affiliates	$	1,355	$	1,218
Short-term debt (includes current maturities of long-term debt)	275		456
Long-term debt	4,941		5,510
Other liabilities	1,636		1,629
Total liabilities	8,207		8,813
Total stockholders’ equity	17,642		18,720
Total liabilities and stockholders’ equity	$	25,849	$	27,533



	For the years ended December 31,
Condensed Statements of Operations and Comprehensive Income	2015			2014			2013
Net investment income	$	14		$	11		$	10
Net realized capital losses	(6		)	(6		)	(7		)
Total revenues	8			5			3
Interest expense	346			365			384
Other expenses	35			134			178
Total expenses	381			499			562
Loss before income taxes and earnings of subsidiaries	(373		)	(494		)	(559		)
Income tax benefit	(131		)	(172		)	(187		)
Loss before earnings of subsidiaries	(242		)	(322		)	(372		)
Earnings of subsidiaries	1,924			1,120			548
Net income (loss)	1,682			798			176
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	(1		)	10			(13		)
Change in pension and other postretirement plan adjustments	(82		)	(292		)	127
Other comprehensive income (loss), net of taxes before other comprehensive income of subsidiaries	(83		)	(282		)	103
Other comprehensive income of subsidiaries	(1,174		)	1,289			(3,025		)
Total other comprehensive income (loss)	(1,257		)	1,007			(2,922		)
Total comprehensive income (loss)	$	425		$	1,805		$	(2,746	)

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	2015			2014			2013
Operating Activities
Net income	$	1,682		$	798		$	176
Loss on extinguishment of debt	21			—			176
Undistributed earnings of subsidiaries	(1,924		)	(1,120		)	(549		)
Change in operating assets and liabilities	1,167			3,376			1,170
Cash provided by operating activities	946			3,054			973
Investing Activities
Net sales of short-term investments	609			(212		)	(454		)
Capital contributions to subsidiaries	742			(585		)	1,211
Cash provided by (used for) investing activities	1,351			(797		)	757
Financing Activities
Proceeds from issuance of long-term debt	—			—			295
Repurchase of warrants	—			—			(33		)
Repayments of long-term debt	(773		)	(200		)	(1,190		)
Treasury stock acquired	(1,250		)	(1,796		)	(600		)
Proceeds from net issuances of common shares under incentive and stock compensation plans and excess tax benefits	42			21			20
Dividends paid — Preferred shares	—			—			(21		)
Dividends paid — Common Shares	(316		)	(282		)	(201		)
Cash used for financing activities	(2,297		)	(2,257		)	(1,730		)
Net change in cash	—			—			—
Cash — beginning of year	—			—			—
Cash — end of year	$	—		$	—		$	—
Supplemental Disclosure of Cash Flow Information
Interest Paid	$	351		$	366		$	366
Dividends Received from Subsidiaries	$	1,127		$	2,589		$	1,096