For the Years Ended December 31, | ||||||||||||
(in millions) | 2013 | 2012 | 2011 | |||||||||
Total OTTI | $ | (8 | ) | $ | (6 | ) | $ | (12 | ) | |||
Portion of loss recognized in other comprehensive income | — | — | — | |||||||||
Net OTTI recognized in earnings | (8 | ) | (6 | ) | (12 | ) | ||||||
Gross realized losses from sales | (9 | ) | (13 | ) | (11 | ) | ||||||
Gross realized gains from sales | 198 | 175 | 136 | |||||||||
Net realized gains (included in Investment and Other Income on the Consolidated Statements of Operations) | 181 | 156 | 113 | |||||||||
Income tax effect (included in Provision for Income Taxes on the Consolidated Statements of Operations) | (66 | ) | (57 | ) | (41 | ) | ||||||
Realized gains, net of taxes | $ | 115 | $ | 99 | $ | 72 | ||||||