|  | In loss position for |  | 
|  | Less than 12 months |  | 12 months or more |  | 
|  |  |  | Gross |  |  |  | Gross |  | 
|  | Estimated |  | unrealized |  | Estimated |  | unrealized |  | 
| December 31 (In millions) | fair value | (a) | losses | (a)(b) | fair value |  | losses | (b) | 
|  |  |  |  |  |  |  |  |  |  |  |  |  | 
| 2013 |  |  |  |  |  |  |  |  |  |  |  |  | 
| Debt |  |  |  |  |  |  |  |  |  |  |  |  | 
| U.S. corporate | $ | 2,170 |  | $ | (122) |  | $ | 598 |  | $ | (95) |  | 
| State and municipal |  | 1,076 |  |  | (82) |  |  | 367 |  |  | (109) |  | 
| Residential mortgage-backed |  | 232 |  |  | (11) |  |  | 430 |  |  | (37) |  | 
| Commercial mortgage-backed |  | 396 |  |  | (24) |  |  | 780 |  |  | (58) |  | 
| Asset-backed |  | 112 |  |  | (2) |  |  | 359 |  |  | (44) |  | 
| Corporate - non-U.S. |  | 108 |  |  | (4) |  |  | 454 |  |  | (83) |  | 
| Government - non-U.S. |  | 1,479 |  |  | (6) |  |  | 42 |  |  | (1) |  | 
| U.S. government and federal agency |  | 229 |  |  | (27) |  |  | 254 |  |  | - |  | 
| Retained interests |  | 2 |  |  | - |  |  | - |  |  | - |  | 
| Equity |  | 253 |  |  | (44) |  |  | - |  |  | - |  | 
| Total | $ | 6,057 |  | $ | (322) |  | $ | 3,284 |  | $ | (427) |  | 
|  |  |  |  |  |  |  |  |  |  |  |  |  | 
| 2012 |  |  |  |  |  |  |  |  |  |  |  |  | 
| Debt |  |  |  |  |  |  |  |  |  |  |  |  | 
| U.S. corporate | $ | 434 |  | $ | (7) |  | $ | 813 |  | $ | (295) |  | 
| State and municipal |  | 146 |  |  | (2) |  |  | 326 |  |  | (111) |  | 
| Residential mortgage-backed |  | 98 |  |  | (1) |  |  | 691 |  |  | (118) |  | 
| Commercial mortgage-backed |  | 37 |  |  | - |  |  | 979 |  |  | (95) |  | 
| Asset-backed |  | 18 |  |  | (1) |  |  | 658 |  |  | (76) |  | 
| Corporate - non-U.S. |  | 167 |  |  | (8) |  |  | 602 |  |  | (118) |  | 
| Government - non-U.S. |  | 201 |  |  | (1) |  |  | 37 |  |  | (2) |  | 
| U.S. government and federal agency |  | - |  |  | - |  |  | - |  |  | - |  | 
| Retained interests |  | 3 |  |  | - |  |  | - |  |  | - |  | 
| Equity |  | 26 |  |  | (3) |  |  | - |  |  | - |  | 
| Total | $ | 1,130 |  | $ | (23) |  | $ | 4,106 |  | $ | (815) |  | 
|  |  |  |  |  |  |  |  |  |  |  |  |  | 
|  |  |  |  |  |  |  |  |  |  |  |  |  |