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Accumulated Other Comprehensive Income
 3 Months Ended
Mar. 31, 2013
Accumulated Other Comprehensive Income [Abstract]  
Comprehensive Income (Loss) Note
ACCUMULATED OTHER COMPREHENSIVE INCOME
 
Accumulated other comprehensive income includes changes in unrealized gains and losses on available for sale investments and other invested assets, changes in pension obligations and changes in life deferred acquisition costs, life policy reserves and other as follows:    

(In millions)
 
Three months ended March 31,
 
 
2013
 
 
2012
 
 
Before tax
 
Income tax
 
Net
 
 
Before tax
 
Income tax
 
Net
Accumulated unrealized gains, net, on investments available for sale, beginning of period
 
$
1,875

 
$
647

 
$
1,228

 
 
$
1,489

 
$
512

 
$
977

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Other comprehensive income before reclassification
 
397

 
139

 
258

 
 
241

 
84

 
157

Reclassification adjustment for realized gains, net, included in net income
 
(41
)
 
(15
)
 
(26
)
 
 
(13
)
 
(4
)
 
(9
)
Effect on other comprehensive income
 
356

 
124

 
232

 
 
228

 
80

 
148

Accumulated unrealized gains, net, on investments available for sale, end of period
 
$
2,231

 
$
771

 
$
1,460

 
 
$
1,717

 
$
592

 
$
1,125

 
 
 
 
 
 
 
 
 
 
 
 
 
 
Accumulated unrealized losses, net, for pension obligations, beginning of period
 
$
(101
)
 
$
(35
)
 
$
(66
)
 
 
$
(88
)
 
$
(31
)
 
$
(57
)
Other comprehensive income before reclassification
 
—

 
—

 
—

 
 
—

 
—

 
—

Reclassification adjustment for amortization of actuarial loss and prior service cost, net, included in net income
 
2

 
1

 
1

 
 
2

 
1

 
1

Effect on other comprehensive income
 
2

 
1

 
1

 
 
2

 
1

 
1

Accumulated unrealized losses, net, for pension obligations, end of period
 
$
(99
)
 
$
(34
)
 
$
(65
)
 
 
$
(86
)
 
$
(30
)
 
$
(56
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Accumulated unrealized losses, net, on life deferred acquisition costs, life policy reserves and other, beginning of period
 
$
(50
)
 
$
(17
)
 
$
(33
)
 
 
$
(29
)
 
$
(10
)
 
$
(19
)
Effect on other comprehensive income
 
—

 
—

 
—

 
 
(5
)
 
(2
)
 
(3
)
Accumulated unrealized losses, net, on life deferred acquisition costs, life policy reserves and other, end of period
 
$
(50
)
 
$
(17
)
 
$
(33
)
 
 
$
(34
)
 
$
(12
)
 
$
(22
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Accumulated other comprehensive income, beginning of period
 
$
1,724

 
$
595

 
$
1,129

 
 
$
1,372

 
$
471

 
$
901

Change in unrealized gains, net, on investments available for sale
 
356

 
124

 
232

 
 
228

 
80

 
148

Change in pension obligations
 
2

 
1

 
1

 
 
2

 
1

 
1

Change in life deferred acquisition costs, life policy reserves and other
 
—

 
—

 
—

 
 
(5
)
 
(2
)
 
(3
)
Effect on other comprehensive income
 
358

 
125

 
233

 
 
225

 
79

 
146

Accumulated other comprehensive income, end of period
 
$
2,082

 
$
720

 
$
1,362

 
 
$
1,597

 
$
550

 
$
1,047



The reclassification adjustment for realized gains on investments available for sale are recorded in the total realized investment gains, net, line item of the condensed consolidated statements of income. The reclassification adjustment for amortization of actuarial loss and prior service cost, net, are recorded in the insurance losses and policyholder benefits, underwriting, acquisition and insurance expenses and the other operating expenses line items of the condensed consolidated statements of income. There was no reclassification adjustment for losses on life deferred acquisition, life policy reserves and other for the periods ending March 31, 2013 and 2012.