Aetna Inc. Just Filed Its Quarterly Report: Debt and equity secu...

Debt and equity securities available for sale at March 31, 2017 and December 31, 2016 were as follows:
< /tr>
(Millions)
Amortized
Cost

 
Gross
Unrealized
Gains

 
Gross
Unrealized
Losses

 
Fair
Value

March 31, 2017
 
 
 
 
 
 
 
Debt securities:
 
 
 
 
 
 
 
U.S. government securities
$
1,595

 
$
49

 
$

 
$
1,644

States, municipalities and political subdivisions
4,886

 
170

 
(41
)
 
5,015

U.S. corporate securities
8,400

 
394

 
(44
)
 
8,750

Foreign securities
3,004

 
180

 
(17
)
 
3,167

Residential mortgage-backed securities
760

 
9

 
(7
)
 
762

Commercial mortgage-backed securities
1,331

 
3

 
(36
)
 
1,298

Other asset-backed securities
1,108

 
9

 
(5
)
 
1,112

Redeemable preferred securities
22

 
5

 

 
27

Total debt securities
21,106

 
819

 
(150
)
 
21,775

Equity securities
69

 
11

 
(2
)
 
78

Total debt and equity securities (1)(2)
$
21,175

 
$
830

 
$
(152
)
 
$
21,853

December 31, 2016
 

 
 

 
 

 
 

Debt securities:
 

 
 

 
 

 
 

U.S. government securities
$
1,643

 
$
51

 
$

 
$
1,694

States, municipalities and political subdivisions
5,047

 
152

 
(61
)
 
5,138

U.S. corporate securities
8,145

 
385

 
(55
)
 
8,475

Foreign securities
2,958

 
163

 
(33
)
 
3,088

Residential mortgage-backed securities
793

 
11

 
(9
)
 
795

Commercial mortgage-backed securities
1,382

 
5

 
(39
)
 
1,348

Other asset-backed securities
1,077

 
7

 
(9
)
 
1,075

Redeemable preferred securities
22

 
5

 

 
27

Total debt securities
21,067

 
779

 
(206
)
 
21,640

Equity securities
84

 
20

 
(2
)
 
102

Total debt and equity securities (1)(2)
$
21,151

 
$
799

 
$
(208
)
 
$
21,742

 
 
 
 
 
 
 
 
(1) 
At both March 31, 2017 and December 31, 2016, we held securities for which we previously recognized an immaterial amount of non-credit related impairments in accumulated other comprehensive loss. These securities each had an immaterial amount of net unrealized capital gains at both March 31, 2017 and December 31, 2016.
(2) 
Investment risks associated with our experience-rated and discontinued products generally do not impact our operating results (refer to Note 16 for additional information on our accounting for discontinued products).  At March 31, 2017, debt and equity securities with a fair value of approximately $2.8 billion, gross unrealized capital gains of $192 million and gross unrealized capital losses of $29 million and, at December 31, 2016, debt and equity securities with a fair value of approximately $2.9 billion, gross unrealized capital gains of $195 million and gross unrealized capital losses of $35 million were included in total debt and equity securities, but support our experience-rated and discontinued products.  Changes in net unrealized capital gains (losses) on these securities are not reflected in accumulated other comprehensive income.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

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