Indemnity Shareholders' Equity and Noncontrolling Interest

6 Months Ended

Jun. 30, 2014

Stockholders' Equity Note [Abstract]

Indemnity Shareholders' Equity and Noncontrolling Interest

Note 13.  Indemnity Shareholders’ Equity and Noncontrolling Interest

A reconciliation of the beginning and ending balances of Indemnity's shareholders’ equity and the noncontrolling interest is presented as follows for the year ended December 31, 2013 and for the six months ended June 30, 2014:

	Erie Insurance Group
(in millions, except per share data)	Indemnity shareholder interest			Exchange noncontrolling interest			Erie Insurance Group
Balance at December 31, 2012	$	642		$	6,149		$	6,791
Net income	163			885			1,048
Change in other comprehensive income (loss), net of tax	74			(218		)	(144		)
Net purchase of treasury stock	(32		)	—			(32		)
Dividends declared:
Class A $2.4125 per share	(112		)	—			(112		)
Class B $361.875 per share	(1		)	—			(1		)
Balance at December 31, 2013	$	734		$	6,816		$	7,550
Net income	95			117			212
Change in other comprehensive income, net of tax	4			133			137
Net purchase of treasury stock	(19		)	—			(19		)
Dividends declared:
Class A $1.27 per share	(59		)	—			(59		)
Class B $190.50 per share	0			—			0
Balance at June 30, 2014	$	755		$	7,066		$	7,821