THE HARTFORD FINANCIAL SERVICES GROUP, INC. HIG Balance Sheet

The hartford financial services group, inc. (HIG)

Balance Sheet / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Dec'08
Assets
Investments [Abstract]
Fixed maturities, available-for-sale, at fair value (amortized cost of $39,473 and $40,078, and ACL of $12 and $0)
40,205	42,148	42,389	41,166	36,819	35,652	36,166	36,194	35,924	36,964	57,669	57,834	56,326	32,182	60,225	61,241	60,693	59,196	59,109	59,128	60,555	59,384	59,586	60,246	63,339	62,357	64,023	64,881	69,667	85,922	86,726	85,227	83,157	81,809	80,263	78,132	78,268	77,820	79,736	77,132	75,584	71,153	68,641	64,868	65,112
Fixed maturities, at fair value using the fair value option
8	11	39	49	20	22	24	36	38	41	82	146	160	211	360	411	486	503	548	553	520	488	464	410	1,009	844	994	997	982	1,087	1,355	1,165	1,291	1,328	1,323	1,227	1,230	649	564	-	-	0	-	-	-
Equity securities, at fair value
1,155	1,657	1,414	1,533	1,275	1,214	1,035	1,003	1,123	0	-	11	11	-	11	11	11	-	11	11	11	11	12	12	17,418	19,745	22,343	23,362	28,099	28,933	29,980	29,215	30,722	30,499	30,770	32,278	32,339	32,820	32,495	30,183	32,053	32,321	33,463	30,813	30,820
Equity securities, available-for-sale, at fair value (cost of $0 and $907)
-	-	-	-	-	-	0	0	0	1,012	1,112	1,055	1,223	945	875	827	798	1,121	813	856	1,148	1,047	648	823	779	868	862	834	862	890	878	851	938	921	989	1,081	993	973	1,168	1,103	1,153	1,221	1,397	1,308	1,458
Mortgage loans (net of ACL of $21 and $0)
4,353	4,215	3,736	3,612	3,637	3,704	3,559	3,355	3,221	3,175	6,058	5,796	5,685	2,886	5,611	5,659	5,637	5,624	5,552	5,693	5,697	5,556	5,730	5,586	5,707	5,598	5,575	5,411	5,229	6,711	6,863	6,875	6,275	5,728	5,590	5,304	4,736	4,489	4,684	4,673	5,162	5,938	6,328	6,522	6,469
Limited partnerships and other alternative investments
1,839	1,758	1,770	1,734	1,719	1,723	1,712	1,670	1,649	1,588	2,533	2,445	2,418	1,527	2,482	2,578	2,654	2,874	3,067	3,033	2,923	2,942	3,027	2,902	3,021	3,040	3,059	3,101	3,058	3,015	3,039	2,944	2,732	2,532	2,506	2,028	1,972	1,918	1,819	1,774	1,736	1,790	1,812	1,838	2,295
Policy loans, at outstanding balance
-	-	-	-	-	-	-	-	-	-	1,418	1,433	1,442	-	1,432	1,436	1,444	1,447	1,428	1,439	1,452	1,431	1,425	1,420	1,429	1,420	1,415	1,412	1,421	1,997	2,000	1,956	1,970	2,001	2,176	2,188	2,181	2,181	2,180	2,182	2,177	2,174	2,209	2,204	2,208
Other investments
294	320	302	311	222	192	98	94	92	96	365	355	340	111	515	495	280	310	455	460	630	547	326	329	340	521	647	648	1,108	1,114	1,540	1,548	1,259	2,394	2,857	973	640	1,617	1,427	2,293	941	602	1,679	1,107	1,723
Short-term investments
2,505	2,921	2,927	2,364	4,203	4,283	3,540	3,296	2,385	2,270	3,756	4,716	4,595	1,895	2,219	2,497	1,918	1,843	3,433	3,278	3,651	4,883	5,013	4,511	4,042	4,008	4,146	4,874	4,412	4,581	4,787	5,154	5,256	7,736	9,704	8,861	7,330	8,528	9,517	8,731	8,545	10,357	13,910	12,701	10,022
Total investments
50,359	53,030	52,577	50,769	47,895	46,790	46,134	45,648	44,432	45,146	72,993	73,780	72,189	39,757	73,719	75,144	73,910	72,918	74,405	74,440	76,576	76,278	76,231	76,239	97,084	98,401	103,064	105,520	114,838	134,250	137,168	134,935	133,600	134,948	136,178	132,072	129,689	130,995	133,590	128,071	127,351	125,556	129,439	121,361	120,107
Cash
211	185	207	226	104	112	102	147	228	180	333	362	337	328	810	461	479	448	665	493	500	399	440	1,512	1,285	1,428	1,422	1,740	1,985	2,421	2,705	2,338	2,059	2,581	2,589	1,898	2,317	2,062	1,707	2,998	2,079	2,142	2,417	2,558	1,811
Restricted cash
90	77	83	57	-	9	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Premiums receivable and agents' balances (net of ACL of $139 and $145)
4,558	4,384	4,580	4,726	4,160	3,995	4,025	4,001	3,994	3,910	3,804	3,846	3,764	3,730	3,663	3,625	3,605	3,537	3,601	3,588	3,497	3,429	3,540	3,567	3,466	3,465	3,673	3,581	3,584	3,542	3,646	3,537	3,565	3,446	3,525	3,418	3,396	3,273	3,370	3,371	3,402	3,404	3,482	3,510	3,604
Reinsurance recoverables (net of allowance for uncollectible reinsurance of $117 and $114)
5,596	5,527	5,333	5,394	4,341	4,357	3,931	3,912	4,039	4,061	23,323	23,265	23,405	3,659	23,126	23,152	23,125	23,189	23,087	22,891	22,737	22,920	22,814	22,949	23,139	23,330	23,115	22,720	22,395	4,666	4,726	4,943	4,559	4,768	5,253	4,851	4,981	4,862	5,242	5,485	5,179	5,384	5,604	5,848	6,357
Deferred policy acquisition costs
818	785	772	722	688	670	670	662	663	650	1,635	1,648	1,693	645	1,683	1,637	1,694	1,816	1,710	1,786	1,764	1,823	1,868	2,026	2,092	2,161	2,249	2,472	2,431	5,725	5,947	6,336	6,577	6,556	8,729	9,584	9,843	9,857	9,386	9,689	10,270	10,686	11,040	11,780	13,248
Deferred income taxes, net
502	299	376	615	921	1,248	1,244	1,282	1,215	1,164	2,766	2,868	3,105	2,999	2,439	2,562	2,868	3,206	3,062	3,056	2,636	2,897	2,890	3,036	3,211	3,840	3,893	3,732	2,667	1,942	1,393	1,808	2,375	2,131	1,611	3,362	3,401	3,725	1,721	2,828	3,322	3,940	3,820	5,321	5,239
Goodwill
1,913	1,913	1,913	1,913	1,290	1,290	1,290	1,290	1,290	1,290	567	567	567	567	567	498	498	498	498	498	498	498	498	498	498	498	498	498	498	654	664	1,006	1,006	1,006	1,036	1,036	1,051	1,051	1,051	1,051	1,204	1,204	1,204	1,204	1,060
Property and equipment, net
1,161	1,181	1,194	1,222	1,145	1,006	997	1,013	1,018	1,034	962	974	984	991	1,001	1,005	995	974	932	874	848	831	816	807	870	877	895	911	921	977	979	1,001	1,017	1,029	1,029	1,020	1,132	1,150	1,143	1,150	1,032	1,026	1,032	1,024	1,075
Other intangible assets, net
1,028	1,070	1,126	1,191	644	657	651	669	687	659	-	-	-	44	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets
2,488	2,366	2,095	2,637	2,136	2,173	2,393	2,151	2,549	2,230	2,202	1,807	1,839	2,836	1,853	1,681	1,958	1,639	1,859	1,905	2,101	1,236	1,684	2,556	2,786	2,998	3,260	3,732	2,551	2,767	3,124	3,411	3,388	2,274	1,725	2,743	2,685	1,629	2,497	4,624	3,245	3,981	2,724	3,148	4,898
Assets held for sale
-	-	-	-	-	-	0	0	156,551	164,936	-	-	-	169,020	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets held for sale
-	-	-	-	-	-	-	-	-	-	0	0	923	-	921	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Assets held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,002	1,941	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Separate account assets
-	-	-	-	-	-	-	-	-	-	115,626	116,746	116,582	-	118,648	117,851	118,361	120,123	121,634	131,489	135,803	134,702	136,319	141,523	138,492	140,886	139,876	147,986	145,151	141,569	148,369	144,662	152,402	143,870	143,923	157,485	164,043	159,742	154,219	154,883	160,198	150,394	155,958	133,946	130,184
Total assets
68,724	70,817	70,256	69,472	63,324	62,307	61,437	60,775	216,666	225,260	224,211	225,863	225,388	224,576	228,430	227,616	227,493	228,348	231,453	241,020	246,960	245,013	247,100	254,713	272,923	277,884	283,947	294,833	297,021	298,513	308,721	303,977	310,548	302,609	305,598	317,469	322,538	318,346	313,926	314,150	317,282	307,717	316,720	289,700	287,583
Liabilities
Unpaid losses and loss adjustment expenses
36,582	36,517	36,188	36,104	32,973	33,029	32,297	32,080	32,213	32,287	28,232	27,839	27,687	28,317	-	-	-	27,713	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reserve for future policy benefits
629	635	645	644	648	642	656	668	678	713	14,247	14,156	14,051	322	41,852	42,173	41,842	13,859	41,685	41,500	41,523	41,444	41,442	41,682	41,461	41,373	41,545	41,548	41,681	40,992	40,992	40,980	40,532	41,016	41,034	40,184	39,420	39,598	39,890	-	-	39,631	-	-	-
Other policyholder funds and benefits payable
758	755	764	790	742	767	775	784	800	816	30,151	30,466	30,863	602	31,245	31,389	31,525	31,670	31,923	31,871	32,101	32,532	32,748	33,475	38,430	39,029	40,101	40,597	41,044	41,979	43,086	44,014	44,080	45,612	45,868	44,073	43,891	44,550	45,889	46,394	45,388	45,852	47,996	49,257	53,753
Property and casualty
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21,479	21,560	-	21,901	21,902	21,933
Life
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,529	17,990	-	17,950	18,153	16,747
Other policyholder funds and benefits payable - international variable annuities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	17,406	-	22,332	23,351	28,088	28,922	29,938	29,174	30,677	30,461	30,734	32,237	32,297	32,793	32,470	30,161	32,027	32,296	33,439	30,793	30,799
Unearned premiums
6,810	6,635	6,820	6,833	5,482	5,282	5,388	5,446	5,450	5,322	5,528	5,573	5,609	5,392	5,622	5,538	5,497	5,385	5,508	5,463	5,383	5,255	5,389	5,348	5,326	5,225	5,445	5,297	5,307	5,145	5,370	5,278	5,325	5,222	5,409	5,315	5,314	5,176	5,296	5,291	5,293	5,221	5,324	5,333	5,379
Long-term Debt, Excluding Current Maturities
-	-	-	-	-	-	-	-	-	-	-	4,817	4,817	-	4,635	4,634	4,633	5,084	5,359	5,358	5,653	5,653	-	-	-	6,106	6,306	6,625	6,327	6,806	6,806	7,125	6,220	6,216	6,217	6,214	6,210	6,207	6,603	6,600	6,597	5,496	5,493	5,490	5,823
Short-term debt
0	500	500	500	499	413	413	413	413	320	320	320	320	416	690	690	690	275	167	167	167	456	289	289	532	438	-	-	-	320	320	-	-	0	400	400	400	400	0	0	275	343	342	342	398
Long-term debt
4,349	4,348	4,346	4,050	3,767	4,265	4,263	4,262	4,755	4,678	4,818	-	-	4,494	-	-	-	-	-	-	-	-	5,819	5,819	5,818	-	-	-	-	6,806	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Consumer notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	83	110	132	161	190	254	310	314	349	368	382	382	384	452	834	1,136	1,193	1,199	1,210
Other liabilities
4,330	5,157	4,915	5,259	4,873	4,808	4,916	4,576	5,020	5,188	8,056	8,658	7,789	4,596	6,427	6,782	6,833	6,597	6,973	6,945	7,253	6,251	6,259	7,149	5,684	6,188	7,608	8,644	8,371	10,172	10,668	10,529	9,728	8,412	8,883	9,518	9,582	9,187	8,266	11,470	9,280	9,454	9,643	9,823	11,997
Liabilities held for sale
-	-	-	-	-	-	0	0	154,194	162,442	-	-	-	163,534	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities held for sale
-	-	-	-	-	-	-	-	-	-	0	0	661	-	653	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Liabilities held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,723	1,662	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Separate account liabilities
-	-	-	-	-	-	-	-	-	-	115,626	116,746	116,582	-	118,648	117,851	118,361	120,123	121,634	131,489	135,803	134,702	136,319	141,523	138,492	140,886	139,876	147,986	145,151	141,569	148,369	144,662	152,402	143,870	143,923	157,485	164,043	159,742	154,219	154,883	160,198	150,394	155,958	133,946	130,184
Total liabilities
53,458	54,547	54,178	54,180	48,984	49,206	48,708	48,229	203,523	211,766	206,978	208,575	208,379	207,673	209,772	209,057	209,381	210,706	213,249	222,793	227,883	226,293	228,265	235,285	253,149	258,979	265,019	275,820	276,101	276,066	285,739	282,016	289,274	281,123	282,817	295,794	301,539	298,035	293,017	295,259	299,442	289,823	299,239	276,238	278,223
Commitments and Contingencies (Note 14)
-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	0	-	-	0	-	-	-	-	-	-	-
Stockholders' Equity
Preferred stock, $0.01 par value — 50,000,000 shares authorized, 13,800 shares issued at March 31, 2020 and December 31, 2019, aggregate liquidation preference of $345
334	334	334	334	334	334	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock, $0.01 par value 50,000,000 shares authorized, 575,000 shares issued, liquidation preference $1,000 per share
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	556	556	556	556	556	556	556	556	556	556	556	556	556	2,960	2,940	2,921	0
Common stock, $0.01 par value — 1,500,000,000 shares authorized, 384,923,222 shares issued at March 31, 2020 and December 31, 2019
4	4	4	4	4	4	4	4	4	4	4	4	4	4	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	5	4	4	4	3
Additional paid-in capital
4,286	4,312	4,302	4,300	4,329	4,378	4,385	4,374	4,363	4,379	5,191	5,195	5,177	5,247	8,893	8,897	8,885	8,973	8,956	8,983	8,996	9,123	9,013	9,230	9,549	9,894	10,414	10,544	9,993	10,038	10,032	10,037	10,031	10,391	10,395	10,393	10,391	10,448	10,455	10,470	10,475	8,985	8,976	8,190	7,569
Retained earnings
12,819	12,685	12,251	11,836	11,572	11,055	10,973	10,649	10,156	9,642	13,434	13,282	13,406	13,114	13,282	12,923	12,789	12,550	12,215	11,921	11,583	11,191	10,886	10,577	11,111	10,683	10,439	10,213	10,449	10,745	10,847	10,887	11,042	11,001	12,447	12,503	12,533	12,077	11,488	11,049	11,006	11,164	10,689	10,991	11,336
Treasury stock, at cost — 26,988,876 and 25,352,977 shares
1,220	1,117	1,027	984	1,014	1,091	1,114	1,128	1,141	1,194	1,981	1,687	1,371	1,125	4,509	4,166	3,821	3,557	3,112	2,870	2,657	2,527	2,146	1,546	1,550	1,598	1,913	1,823	1,732	1,740	1,753	1,780	1,688	1,718	1,687	1,705	1,722	1,774	1,789	1,810	1,825	1,936	1,936	2,054	2,120
Accumulated other comprehensive income (loss), net of tax
-957	52	214	-198	-885	-1,579	-1,519	-1,353	-239	663	585	494	-207	-337	987	900	254	-329	140	188	1,150	928	1,077	1,162	659	-79	-17	74	1,649	2,843	3,295	2,256	1,328	1,251	1,065	-77	-764	-1,001	194	-1,379	-2,377	-3,312	-3,217	-6,610	-7,520
Total stockholders’ equity
15,266	16,270	16,078	15,292	14,340	13,101	12,729	12,546	13,143	13,494	17,233	17,288	17,009	16,903	18,658	18,559	18,112	17,642	18,204	18,227	19,077	18,720	18,835	19,428	19,774	18,905	18,928	19,013	20,920	22,447	22,982	21,961	21,274	21,486	22,781	21,675	20,999	20,311	20,909	18,891	17,840	17,865	17,456	13,442	9,268
Noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	29	25	20	92
Total liabilities and stockholders’ equity
68,724	70,817	70,256	69,472	63,324	62,307	61,437	60,775	216,666	225,260	224,211	225,863	225,388	224,576	228,430	227,616	227,493	228,348	231,453	241,020	246,960	245,013	247,100	254,713	272,923	277,884	283,947	294,833	297,021	298,513	308,721	303,977	310,548	302,609	305,598	317,469	322,538	318,346	313,926	314,150	317,282	307,717	316,720	289,700	287,583
Debt Securities, Available-for-sale, Amortized Cost
-	-	-	-	-	35,603	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Allowance for Loan and Lease Losses, Real Estate
-	-	-	-	-	1	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred Stock, Shares Issued
-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred Stock, Par or Stated Value Per Share
-	-	-	-	-	0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred Stock, Shares Authorized
-	-	-	-	-	50	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred Stock, Liquidation Preference, Value
-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock, Par or Stated Value Per Share
-	-	-	-	-	0.01	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock, Shares Authorized
-	-	-	-	-	1,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock, Shares, Issued
-	-	-	-	-	384	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Treasury Stock, Shares
-	-	-	-	-	25	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-