Shareholders' Equity and Noncontrolling Interest (Tables)

6 Months Ended

Jun. 30, 2012

Shareholders' Equity and Noncontrolling Interest

Schedule of reconciliation of the beginning and ending balances of shareholders' equity and noncontrolling interest

	Erie Insurance Group
	Indemnity		Exchange		Erie
(in millions, except per share data)	shareholder		noncontrolling		Insurance
	interest		interest		Group
Balance at December 31, 2010	$912		$5,422		$6,334
Net income	169		99		268
Change in other comprehensive loss, net of tax	(52	)	(9	)	(61	)
Realized gain on sale of life affiliate, net of tax	8		–		8
Net purchase of treasury stock	(154	)	–		(154	)
Dividends declared:
Class A $2.0975 per share	(101	)	–		(101	)
Class B $314.625 per share	(1	)	–		(1	)
Balance at December 31, 2011	$781		$5,512		$6,293
Net income	79		237		316
Change in other comprehensive income, net of tax	2		82		84
Net purchase of treasury stock	(43	)	–		(43	)
Dividends declared:
Class A $1.105 per share	(53	)	–		(53	)
Class B $165.75 per share	0		–		0
Balance at June 30, 2012	$766		$5,831		$6,597