Other comprehensive income

3 Months Ended

Mar. 31, 2012

Other comprehensive income

Note 13 – Other comprehensive income

Components of other comprehensive income   for the quarter ended March 31, 2012
(in millions)	Pre-tax amount			Tax (expense) benefit			After-tax amount
Foreign currency translation adjustment arising during the period	$	129		$	43		$	172
Unrealized gain (loss) on assets available-for-sale:
Unrealized gain (loss) arising during period		378			(141	)		237
Reclassification adjustment		(40	)		16			(24	)
Net unrealized gain (loss) on assets available-for-sale		338			(125	)		213
Defined benefit plans:
Amortization of prior service credit, net loss and initial obligation included in net periodic benefit cost		44			(17	)		27
Total defined benefit plans		44			(17	)		27
Unrealized gain (loss) on cash flow hedges:
Unrealized hedge gain (loss) arising during period		1			(1	)		-
Reclassification adjustment		5			(2	)		3
Net unrealized gain (loss) on cash flow hedges		6			(3	)		3
Total other comprehensive income (loss)	$	517		$	(102	)	$	415

Components of other comprehensive income   for the quarter ended Dec. 31, 2011
(in millions)	Pre-tax amount			Tax (expense) benefit			After-tax amount
Foreign currency translation adjustment arising during the period	$	(157	)	$	(13	)	$	(170	)
Unrealized gain (loss) on assets available-for-sale:
Unrealized gain (loss) arising during period		(48	)		30			(18	)
Reclassification adjustment		3			(1	)		2
Net unrealized gain (loss) on assets available-for-sale		(45	)		29			(16	)
Defined benefit plans:
Net loss arising during the period		(741	)		296			(445	)
Foreign exchange adjustment		(4	)		1			(3	)
Amortization of prior service credit, net loss and initial obligation included in net periodic benefit cost		29			(12	)		17
Total defined benefit plans		(716	)		285			(431	)
Unrealized gain (loss) on cash flow hedges:
Unrealized hedge gain (loss) arising during period		(44	)		19			(25	)
Reclassification adjustment		(4	)		2			(2	)
Net unrealized gain (loss) on cash flow hedges		(48	)		21			(27	)
Total other comprehensive income (loss)	$	(966	)	$	322		$	(644	)

Components of other comprehensive income   for the quarter ended March 31, 2011
(in millions)	Pre-tax amount			Tax (expense) benefit			After-tax amount
Foreign currency translation adjustment arising during the period	$	193		$	45		$	238
Unrealized gain (loss) on assets available-for-sale:
Unrealized gain (loss) arising during period		226			(91	)		135
Reclassification adjustment		(5	)		3			(2	)
Net unrealized gain (loss) on assets available-for-sale		221			(88	)		133
Defined benefit plans:
Amortization of prior service credit, net loss and initial obligation included in net periodic benefit cost		26			(9	)		17
Total defined benefit plans		26			(9	)		17
Unrealized gain (loss) on cash flow hedges:
Unrealized gain (loss) arising during period		1			(1	)		-
Net unrealized gain (loss) on cash flow hedges		1			(1	)		-
Total other comprehensive income (loss)	$	441		$	(53	)	$	388