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Shareholders' Equity (Tables)
3 Months Ended
Mar. 31, 2013
Stockholders' Equity Note [Abstract]  
Components of accumulated other comprehensive income (loss)
The progression of the components of accumulated other comprehensive income follows (in millions): 

  
 
 
Other Comprehensive Income
 
 
 
  
AOCI
Beginning
Balance
 
Pretax
 
Tax
 
Net
of
tax
 
Attributable to
noncontrolling
interests
 
Attributable to
shareholders
 
AOCI
Ending
Balance
 
Three months ended March 31, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net unrealized gains on securities:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Unrealized holding gains (losses) on securities arising during the period
 
 
$
122

 
$
(43
)
 
$
79

 
$
(1
)
 
$
78

 


 
Reclassification adjustment for realized gains (losses) included in net earnings (a)
 
 
(56
)
 
20

 
(36
)
 

 
(36
)
 


 
Total net unrealized gains on securities (b)
$
823

 
66

 
(23
)
 
43

 
(1
)
 
42

 
$
865

 
Foreign currency translation adjustments
14

 
(4
)
 

 
(4
)
 

 
(4
)
 
10

 
Pension and other postretirement plans adjustments
(6
)
 

 

 

 

 

 
(6
)

Total
$
831

 
$
62

 
$
(23
)
 
$
39

 
$
(1
)
 
$
38

 
$
869

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three months ended March 31, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net unrealized gains on securities
$
578

 
$
200

 
$
(70
)
 
$
130

 
$
(3
)
 
$
127

 
$
705

 
Foreign currency translation adjustments
10

 
7

 

 
7

 
(1
)
 
6

 
16

 
Pension and other postretirement plans adjustments
(8
)
 
1

 

 
1

 

 
1

 
(7
)

Total
$
580

 
$
208

 
$
(70
)
 
$
138

 
$
(4
)
 
$
134

 
$
714

 
 
(a)
The reclassification adjustment out of net unrealized gains on securities affected the following lines in AFG’s Consolidated Statement of Earnings:
 
OCI component
 
Affected line in the Consolidated Statement of Earnings
 
 
Pretax
 
Realized gains on securities
 
 
Tax
 
Provision for income taxes
 
 
Attributable to noncontrolling interests
 
Net earnings (loss) attributable to noncontrolling interests
 

(b)
Includes net unrealized gains of $45 million at March 31, 2013 compared to $33 million at December 31, 2012 related to securities for which only the credit portion of an other-than-temporary impairment has been recorded in earnings.