December 31, 2013 | December 31, 2012 | December 31, 2011 | ||||||||||||||||||||||||||||||||||
(in millions) | Debt Securities | Equity Securities | Total | Debt Securities | Equity Securities | Total | Debt Securities | Equity Securities | Total | |||||||||||||||||||||||||||
Balance at beginning of period | $ | 17 | $ | 224 | $ | 241 | $ | 208 | $ | 209 | $ | 417 | $ | 141 | $ | 208 | $ | 349 | ||||||||||||||||||
Purchases | 38 | 71 | 109 | 11 | 71 | 82 | 92 | 35 | 127 | |||||||||||||||||||||||||||
Sales | (10 | ) | (25 | ) | (35 | ) | — | (34 | ) | (34 | ) | — | (17 | ) | (17 | ) | ||||||||||||||||||||
Settlements | — | — | — | (1 | ) | — | (1 | ) | (25 | ) | (7 | ) | (32 | ) | ||||||||||||||||||||||
Net unrealized losses in accumulated other comprehensive income | (2 | ) | (7 | ) | (9 | ) | — | (14 | ) | (14 | ) | — | (4 | ) | (4 | ) | ||||||||||||||||||||
Net realized (losses) gains in investment and other income | (1 | ) | 6 | 5 | — | 13 | 13 | — | (6 | ) | (6 | ) | ||||||||||||||||||||||||
Transfers to held-to-maturity | — | — | — | (201 | ) | (21 | ) | (222 | ) | — | — | — | ||||||||||||||||||||||||
Balance at end of period | $ | 42 | $ | 269 | $ | 311 | $ | 17 | $ | 224 | $ | 241 | $ | 208 | $ | 209 | $ | 417 |