Table of Contents The Company receives a foreign tax credit (“FTC”) against its U. S.  tax liability for foreign taxes paid by the Company including payments from its separate account assets.
The separate account FTC is estimated for the current year using information from the most recent filed return, adjusted for the change in the allocation of separate account investments to the international equity markets during the current year.
The actual current year FTC can vary from the estimates due to actual FTCs passed through by the mutual funds.
The Company recorded benefits of $16, $11 and $17 related to separate account FTC in the years ended December 31, 2008, December 31, 2007 and December 31, 2006, respectively.
These amounts included benefits related to trueups of prior years’ tax returns of $4, $0 and $7 in 2008, 2007 and 2006 respectively.
The Company’s unrecognized tax benefits increased by $15 during 2008 as a result of tax positions taken on the Company’s 2007 tax return and expected to be taken on its 2008 tax return, bringing the total unrecognized tax benefits to $91 as of December 31, 2008.
This entire amount, if it were recognized, would affect the effective tax rate.
Earnings (Losses) Per Common Share The following table represents earnings per common share data for the past three years:
## Table 0 ##
For additional information on earnings (losses) per common share see Note 2 of Notes to Consolidated Financial Statements.
Outlooks The Hartford provides projections and other forward-looking information in the “Outlook” sections within MD&A.
The “Outlook” sections contain many forward-looking statements, particularly relating to the Company’s future financial performance.
These forward-looking statements are estimates based on information currently available to the Company, are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are subject to the precautionary statements set forth in the introduction to MD&A above.
Actual results are likely to differ, and in the past have differed, materially from those forecast by the Company, depending on the outcome of various factors, including, but not limited to, those set forth in each “Outlook” section and in Item 1A, Risk Factors.
Outlook During 2008, the Company has been negatively impacted by conditions in the global financial markets and economic conditions in general.
As these conditions persist in 2009, the Company would anticipate that it would continue to be negatively impacted, including the effect of rating downgrades that have occurred and those that could occur in the future.
See Risk Factors in Item 1A.
Life Retail In the long-term, management continues to believe the market for retirement products will expand as individuals increasingly save and plan for retirement.
Demographic trends suggest that as the “baby boom” generation matures, a significant portion of the United States population will allocate a greater percentage of their disposable incomes to saving for their retirement years due to uncertainty surrounding the Social Security system and increases in average life expectancy.
Near-term, the industry and the Company are experiencing lower variable annuity sales as a result of recent market turbulence and uncertainty in the U. S.  financial system.
Current market pressures are also increasing the expected claim costs, the cost and volatility of hedging programs, and the level of capital needed to support living benefit guarantees.
Some companies have already begun to increase the price of their guaranteed living benefits and change the level of guarantees offered.
In 2009, the Company intends to adjust pricing levels and take certain actions to reduce the risks in its variable annuity product features in order to address the risks and costs associated with variable annuity benefit features in the current economic environment and explore other risk limiting techniques such as increased hedging or other reinsurance structures.
Competitor reaction, including the extent of competitor risk limiting strategies, is difficult to predict and may result in a decline in Retail’s market share.
Significant declines in equity markets and increased equity market volatility are also likely to continue to impact the cost and effectiveness of our GMWB hedging program.
Continued equity market volatility could result in material losses in our hedging program.
For more information on the GMWB hedging program, see the Equity Risk Management section within Capital Markets Risk Management.
During periods of volatile equity markets, policyholders may allocate more of their variable account assets to the fixed account options and fixed annuities may see increased deposits.
In the fourth quarter of 2008, the Company has seen an increase in fixed
Retirement Plans mutual funds reflects an increase of $18.7 billion from the acquisition of servicing rights of Sun Life Retirement Services, Inc and Princeton Retirement Group, both of which closed in the first quarter of 2008.
Net sales for 2008 reflect expected outflows on the acquired business.  ?
International — Japan Annuities has seen positive net flows and favorable effects from currency exchange rates for 2008.
Net flows have decreased in Japan annuities due the 3 Win trigger and to increased competition from domestic and foreign insurers, particularly competition relating to products offered with living benefit guarantees.
Year ended December 31, 2007 compared to year ended December 31, 2006 Increases in Retail U. S.  individual variable annuity account values as of December 31, 2007 can be primarily attributed to market growth during the year and improved net flows due to an increase in sales.  ?
In addition to strong positive net flows, market appreciation and diversified sales growth during the year contributed to Retail mutual funds assets under management growth.  ?
Individual Life variable universal life account values increased primarily due to market appreciation and positive net flows.
Life insurance in-force increased from the prior periods due to business growth.  ?
Retirement Plans account values increased for the year ended December 31, 2007 due to positive net flows driven by ongoing contributions and market appreciation during the year.  ?
International — Japan annuity account values continue to grow as a result of positive net flows and a strengthening of the yen versus the dollar offset by a decline in market performance throughout the year Net Investment Spread Management evaluates performance of certain products based on net investment spread.
These products include those that have insignificant mortality risk, such as fixed annuities, certain general account universal life contracts and certain institutional contracts.
Net investment spread is determined by taking the difference between the earned rate and the related crediting rates on average general account assets under management.
The net investment spreads shown below are for the total portfolio of relevant contracts in each segment and reflect business written at different times.
When pricing products, the Company considers current investment yields and not the portfolio average.
Net investment spread can be volatile period over period, which can have a significant positive or negative effect on the operating results of each segment.
Investment earnings can also be influenced by factors such as the actions of the Federal Reserve and a decision to hold higher levels of short-term investments.
The volatile nature of net investment spread is driven primarily by prepayment premiums on securities and earnings on limited partnership and other alternative investments.
Net investment spread is calculated as a percentage of general account assets and expressed in basis points (“bps”):
## Table 1 ##
Year ended December 31, 2008 compared to year ended December 31, 2007 Retail — Individual Annuity, Individual Life, Retirement Plans and Institutional net investment spread decreased primarily due to negative earnings on limited partnership and other alternative investment income in 2008 compared to strong earnings in these classes in 2007 and lower yields on fixed maturities, partially offset by reduced credited rates.
Year ended December 31, 2007 compared to year ended December 31, 2006 Retail — Individual Annuity, Individual Life, Retirement Plans and Institutional net investment spreads increased primarily due to a higher allocation of investments in higher yield/higher risk investment classes, including limited partnerships and other alternative investments and relative strong performance of this asset class in 2007.
Table of Contents The table below sets forth statutory surplus for the Company’s insurance companies.
The statutory surplus amounts as of December 31, 2007 in the table below are based on actual statutory filings with the applicable regulatory authorities.
The statutory surplus amounts as of December 31, 2008 are estimates, as the respective 2008 statutory filings have not yet been made.
## Table 2 ##
The Company has received approval from the Connecticut Insurance Department regarding the use of two permitted practices in the statutory financial statements of its Connecticut-domiciled life insurance subsidiaries as of December 31, 2008.
The first permitted practice relates to the statutory accounting for deferred income taxes.
Specifically, this permitted practice modifies the accounting for deferred income taxes prescribed by the NAIC by increasing the realization period for deferred tax assets from one year to three years and increasing the asset recognition limit from 10% to 15% of adjusted statutory capital and surplus.
The benefits of this permitted practice may not be considered by the Company when determining surplus available for dividends.
The second permitted practice relates to the statutory reserving requirements for variable annuities with guaranteed living benefit riders.
Actuarial guidelines prescribed by the NAIC require a stand-alone asset adequacy analysis reflecting only benefits, expenses and charges that are associated with the riders for variable annuities with guaranteed living benefits.
The permitted practice allows for all benefits, expenses and charges associated with the variable annuity contract to be reflected in the standalone asset adequacy test.
These permitted practices resulted in an increase to Life operations estimated statutory surplus of $987 as of December 31, 2008.
The effects of these permitted practices are included in the 2008 Life operations surplus amount in the table above.
Statutory Capital The Company’s stockholders’ equity, as prepared using U. S.  GAAP was $9.3 billion as of December 31, 2008.
The Company’s estimated aggregate statutory capital and surplus, as prepared in accordance with the National Association of Insurance Commissioners’ Accounting Practices and Procedures Manual (“US STAT”) was $13.8 billion as of December 31, 2008.
Significant differences between U. S.  GAAP stockholders’ equity and aggregate statutory capital and surplus prepared in accordance with US STAT include the following: 2008 2007 Life Operations $ 6,047 $ 5,786 Japan Life Operations 1,718 1,620 Property & Casualty Operations 6,012 8,509 Total $ 13,777 $ 15,915 ?
Costs incurred by the Company to acquire insurance policies are deferred under U. S.  GAAP while those costs are expensed immediately under US STAT.  ?
Temporary differences between the book and tax basis of an asset or liability which are recorded as deferred tax assets are evaluated for recoverability under U. S.  GAAP while those amounts deferred are subject to limitations under US STAT.  ?
Certain assumptions used in the determination of Life benefit reserves are prescribed under US Stat and are intended to be conservative, while the assumptions used under U. S.  GAAP are generally the Company’s best estimates.
In addition, the methodologies used for determining life reserve amounts are different between US Stat and U. S.  GAAP.
Annuity reserving and cash-flow testing for death and living benefit reserves under US STAT are generally addressed by the Commissioners’ Annuity Reserving Valuation Methodology and the related Actuarial Guidelines.
Under these Actuarial Guidelines, in general, future cash flows associated with the variable annuity business are included in these methodologies with estimates of future fee revenues, claim payments, expenses, reinsurance impacts and hedging impacts.
At December 31, 2008, in determining the cash-flow impacts related to future hedging, assumptions were made in the scenarios that generate reserve requirements, about the potential future decreases in the hedge benefits and increases in hedge costs which resulted in increased reserve requirements.
Reserves for death and living benefits under U. S.  GAAP are either considered embedded derivatives and recorded at fair value or they may be considered SOP 03-1 reserves.  ?
The difference between the amortized cost and fair value of fixed maturity and other investments, net of tax, is recorded as an increase or decrease to the carrying value of the related asset and to equity under U. S.  GAAP, while US STAT only records certain securities at fair value, such as equity securities and certain lower rated bonds required by the NAIC to be recorded at the lower of amortized cost or fair value.
In the case of the Company’s market value adjusted (MVA) fixed annuity products, invested assets are marked to fair value (including the impact of credit spreads) and liabilities are marked to fair value (but generally actual credit spreads are not fully reflected) for statutory purposes only.  ?
US STAT for life insurance companies establishes a formula reserve for realized and unrealized losses due to default and equity risks associated with certain invested assets (the Asset Valuation Reserve), while U. S.  GAAP does not.
Also, for those realized gains and losses caused by changes in interest rates, US STAT for life insurance companies defers and amortizes the gains and losses, caused by changes in interest rates, into income over the original life to maturity of the asset sold (the Interest Maintenance Reserve) while U. S.  GAAP does not.  ?
Goodwill arising from the acquisition of a business is tested for recoverability on an annual basis (or more frequently, as necessary) for U. S.  GAAP, while under US STAT goodwill is amortized over a period not to exceed 10 years and the
THE HARTFORD FINANCIAL SERVICES GROUP, INC.  NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued) 5.
Investments and Derivative Instruments (continued) The following tables present the Company’s unrealized loss aging for total fixed maturity and equity securities classified as available-for-sale, by investment type and length of time the security was in a continuous unrealized loss position.
## Table 3 ##
December 31, 2007
## Table 4 ##
As of December 31, 2008, available-for-sale securities in an unrealized loss position, comprised of approximately 6,612 securities, were primarily concentrated in securitized assets, specifically CMBS and financial services sector securities.
The increase in unrealized losses was largely the result of credit spread widening primarily due to continued deterioration in the U. S.  housing market, tightened lending conditions and the market’s flight to quality securities, as well as, a U. S.  recession and a declining global economy.
As of December 31, 2008, 65% of securities in an unrealized loss position were depressed less than 20% of amortized cost.
Based upon the Company’s current evaluation of these securities in accordance with its impairment policy and the Company’s intent to retain these investments for a period of time sufficient to allow for recovery in value, the Company has determined that these securities are temporarily impaired.

<table><tr><td></td><td>2008</td><td>2007</td><td>2006</td></tr><tr><td>Basic earnings (losses) per share</td><td>$-8.99</td><td>$9.32</td><td>$8.89</td></tr><tr><td>Diluted earnings (losses) per share</td><td>$-8.99</td><td>$9.24</td><td>$8.69</td></tr><tr><td>Weighted average common shares outstanding (basic)</td><td>306.7</td><td>316.3</td><td>308.8</td></tr><tr><td>Weighted average common shares outstanding and dilutive potential common shares (diluted)</td><td>306.7</td><td>319.1</td><td>315.9</td></tr></table>
<table><tr><td></td><td colspan="5"> For the years ended December 31,</td><td></td></tr><tr><td></td><td> 2008</td><td></td><td> 2007</td><td></td><td> 2006</td><td></td></tr><tr><td>Retail — Individual Annuity</td><td>73.1</td><td>bps</td><td>173.5</td><td>bps</td><td>153.0</td><td>bps</td></tr><tr><td>Individual Life</td><td>89.6</td><td>bps</td><td>130.3</td><td>bps</td><td>123.9</td><td>bps</td></tr><tr><td>Retirement Plans</td><td>92.3</td><td>bps</td><td>161.9</td><td>bps</td><td>152.0</td><td>bps</td></tr><tr><td>Institutional — Stable Value</td><td>20.5</td><td>bps</td><td>100.6</td><td>bps</td><td>84.8</td><td>bps</td></tr></table>
<table><tr><td></td><td>2008</td><td>2007</td></tr><tr><td>Life Operations</td><td>$6,047</td><td>$5,786</td></tr><tr><td>Japan Life Operations</td><td>1,718</td><td>1,620</td></tr><tr><td>Property & Casualty Operations</td><td>6,012</td><td>8,509</td></tr><tr><td>Total</td><td>$13,777</td><td>$15,915</td></tr></table>
<table><tr><td></td><td colspan="9">December 31, 2008</td></tr><tr><td></td><td colspan="3">Less Than 12 Months</td><td colspan="3">12 Months or More</td><td colspan="3">Total</td></tr><tr><td></td><td> Amortized</td><td> Fair</td><td>Unrealized</td><td> Amortized</td><td> Fair</td><td>Unrealized</td><td> Amortized</td><td> Fair</td><td>Unrealized</td></tr><tr><td></td><td> Cost</td><td> Value</td><td>Losses</td><td> Cost</td><td> Value</td><td>Losses</td><td> Cost</td><td> Value</td><td>Losses</td></tr><tr><td>ABS</td><td>$1,870</td><td>$1,487</td><td>$-383</td><td>$6,811</td><td>$4,586</td><td>$-2,225</td><td>$8,681</td><td>$6,073</td><td>$-2,608</td></tr><tr><td>CMBS — Non-agency backed</td><td>5,986</td><td>4,354</td><td>-1,632</td><td>8,110</td><td>3,737</td><td>-4,373</td><td>14,096</td><td>8,091</td><td>-6,005</td></tr><tr><td>CMOs</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Agency backed</td><td>75</td><td>68</td><td>-7</td><td>34</td><td>33</td><td>-1</td><td>109</td><td>101</td><td>-8</td></tr><tr><td>Non-agency backed</td><td>332</td><td>235</td><td>-97</td><td>82</td><td>55</td><td>-27</td><td>414</td><td>290</td><td>-124</td></tr><tr><td>Corporate</td><td>16,604</td><td>14,145</td><td>-2,459</td><td>7,028</td><td>4,986</td><td>-2,042</td><td>23,632</td><td>19,131</td><td>-4,501</td></tr><tr><td>Government/government agencies</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Foreign</td><td>1,263</td><td>1,211</td><td>-52</td><td>43</td><td>30</td><td>-13</td><td>1,306</td><td>1,241</td><td>-65</td></tr><tr><td>United States</td><td>4,120</td><td>4,083</td><td>-37</td><td>66</td><td>64</td><td>-2</td><td>4,186</td><td>4,147</td><td>-39</td></tr><tr><td>MBS</td><td>50</td><td>50</td><td>—</td><td>250</td><td>243</td><td>-7</td><td>300</td><td>293</td><td>-7</td></tr><tr><td>States, municipalities and politicalsubdivisions</td><td>5,153</td><td>4,640</td><td>-513</td><td>2,578</td><td>2,138</td><td>-440</td><td>7,731</td><td>6,778</td><td>-953</td></tr><tr><td>Total fixed maturities</td><td>35,453</td><td>30,273</td><td>-5,180</td><td>25,002</td><td>15,872</td><td>-9,130</td><td>60,455</td><td>46,145</td><td>-14,310</td></tr><tr><td>Equity securities, available-for-sale</td><td>1,017</td><td>796</td><td>-221</td><td>277</td><td>199</td><td>-78</td><td>1,294</td><td>995</td><td>-299</td></tr><tr><td> Total temporarily impaired securities</td><td>$36,470</td><td>$31,069</td><td>$-5,401</td><td>$25,279</td><td>$16,071</td><td>$-9,208</td><td>$61,749</td><td>$47,140</td><td>$-14,609</td></tr></table>
<table><tr><td></td><td colspan="9">December 31, 2007</td></tr><tr><td></td><td colspan="3">Less Than 12 Months</td><td colspan="3">12 Months or More</td><td colspan="3">Total</td></tr><tr><td></td><td> Amortized</td><td> Fair</td><td>Unrealized</td><td> Amortized</td><td> Fair</td><td>Unrealized</td><td> Amortized</td><td> Fair</td><td>Unrealized</td></tr><tr><td></td><td> Cost</td><td> Value</td><td>Losses</td><td> Cost</td><td> Value</td><td>Losses</td><td> Cost</td><td> Value</td><td>Losses</td></tr><tr><td>ABS</td><td>$7,811</td><td>$7,222</td><td>$-589</td><td>$671</td><td>$627</td><td>$-44</td><td>$8,482</td><td>$7,849</td><td>$-633</td></tr><tr><td>CMBS — Non-agency backed</td><td>8,138</td><td>7,453</td><td>-685</td><td>3,400</td><td>3,247</td><td>-153</td><td>11,538</td><td>10,700</td><td>-838</td></tr><tr><td>CMOs</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Agency backed</td><td>324</td><td>321</td><td>-3</td><td>89</td><td>88</td><td>-1</td><td>413</td><td>409</td><td>-4</td></tr><tr><td>Non-agency backed</td><td>120</td><td>118</td><td>-2</td><td>54</td><td>53</td><td>-1</td><td>174</td><td>171</td><td>-3</td></tr><tr><td>Corporate</td><td>13,849</td><td>13,165</td><td>-684</td><td>4,873</td><td>4,615</td><td>-258</td><td>18,722</td><td>17,780</td><td>-942</td></tr><tr><td>Government/government agencies</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr><tr><td>Foreign</td><td>226</td><td>221</td><td>-5</td><td>66</td><td>66</td><td>—</td><td>292</td><td>287</td><td>-5</td></tr><tr><td>United States</td><td>216</td><td>213</td><td>-3</td><td>14</td><td>14</td><td>—</td><td>230</td><td>227</td><td>-3</td></tr><tr><td>MBS</td><td>56</td><td>56</td><td>—</td><td>1,033</td><td>1,013</td><td>-20</td><td>1,089</td><td>1,069</td><td>-20</td></tr><tr><td>States, municipalities and politicalsubdivisions</td><td>3,157</td><td>3,081</td><td>-76</td><td>342</td><td>328</td><td>-14</td><td>3,499</td><td>3,409</td><td>-90</td></tr><tr><td>Redeemable preferred stock</td><td>6</td><td>6</td><td>—</td><td>—</td><td>—</td><td>—</td><td>6</td><td>6</td><td>—</td></tr><tr><td>Total fixed maturities</td><td>33,903</td><td>31,856</td><td>-2,047</td><td>10,542</td><td>10,051</td><td>-491</td><td>44,445</td><td>41,907</td><td>-2,538</td></tr><tr><td>Equity securities, available-for-sale</td><td>1,675</td><td>1,442</td><td>-233</td><td>21</td><td>20</td><td>-1</td><td>1,696</td><td>1,462</td><td>-234</td></tr><tr><td> Total temporarily impaired securities</td><td>$35,578</td><td>$33,298</td><td>$-2,280</td><td>$10,563</td><td>$10,071</td><td>$-492</td><td>$46,141</td><td>$43,369</td><td>$-2,772</td></tr></table>

Question: What was the total amount of Total temporarily impaired securities in the range of 0 and 50000?