Other Comprehensive Income

3 Months Ended

Mar. 31, 2013

Comprehensive Income (Loss) [Abstract]

Other Comprehensive Income (Loss)

Other Comprehensive Income (Loss)

The changes in the balances of each component of Accumulated Other Comprehensive Income ("AOCI") for the period ended March 31, 2013, including amounts reclassified out of AOCI, are as follows:

(In millions of dollars)	Unrealized Investment Gains		Pension/Post-Retirement Plans Gains (Losses)			Foreign Currency Translation Adjustments			Total
Beginning Balance	$	4	$	(3,451	)	$	140		$	(3,307	)
Other comprehensive income (loss) before reclassifications	$	—	$	139		$	(256	)	$	(117	)
Amounts reclassified from accumulated other comprehensive income	$	—	$	45		$	—		$	45
Net current period other comprehensive income (loss)	$	—	$	184		$	(256	)	$	(72	)
Ending Balance	$	4	$	(3,267	)	$	(116	)	$	(3,379	)

The components of other comprehensive income (loss) for the three-month periods ended March 31, 2013 and 2012 are as follows:

Three Months Ended March 31,	2013									2012
(In millions of dollars)	Pre-Tax			Tax			Net of Tax			Pre-Tax			Tax			Net of Tax
Foreign currency translation adjustments	$	(260	)	$	(4	)	$	(256	)	$	162		$	—		$	162
Unrealized investment gains (losses)	—			—			—			(1		)	1			(2		)
Pension/post-retirement plans:
Amortization of losses (gains) included in net periodic pension cost:
Prior service gains (a)	(6		)	(2		)	(4		)	(8		)	(5		)	(3		)
Net actuarial losses (a)	78			29			49			66			42			24
Subtotal	72			27			45			58			37			21
Foreign currency translation adjustments	180			41			139			(44		)	(28		)	(16		)
Pension/post-retirement plans (gains) losses	252			68			184			14			9			5
Other comprehensive income (loss)	$	(8	)	$	64		$	(72	)	$	175		$	10		$	165

(a) Components of net periodic pension cost are included in compensation and benefits in the Consolidated Statements of Income. Tax on prior service gains and net actuarial losses is included in income tax expense.