Other Comprehensive Income (Loss) (Tables)

12 Months Ended

Dec. 31, 2012

Other Comprehensive Income (Loss) [Abstract]

Schedule of Other Comprehensive Income (Loss)

The components of other comprehensive income (loss) for the years ended December 31, 2012, 2011 and 2010 are as follows:

For the year ended December 31,	2012
(In millions of dollars)	Pre-Tax			Tax (Credit)			Net of Tax
Foreign currency translation adjustments	$	177		$	(5	)	$	182
Unrealized investment gains (losses)	(1		)	1			(2		)
Pension/post-retirement plans:
Amortization of losses (gains) included in net periodic pension cost:
Prior service gains	(31		)	(12		)	(19		)
Net actuarial losses	270			90			180
Subtotal	239			78			161
Net loss arising during period	(648		)	(217		)	(431		)
Foreign currency translation adjustments	(113		)	(26		)	(87		)
Other adjustments	75			17			58
Pension/post-retirement plans losses	(447		)	(148		)	(299		)
Other comprehensive loss	$	(271	)	$	(152	)	$	(119	)

For the year ended December 31,	2011
(In millions of dollars)	Pre-Tax			Tax (Credit)			Net of Tax
Foreign currency translation adjustments	$	(100	)	$	4		$	(104	)
Unrealized investment losses	(9		)	(4		)	(5		)
Pension/post-retirement plans:
Amortization of losses (gains) included in net periodic pension cost:
Prior service gains	(32		)	(13		)	(19		)
Net actuarial losses	213			68			145
Subtotal	181			55			126
Net loss arising during period	(1,289		)	(388		)	(901		)
Foreign currency translation adjustments	(14		)	(3		)	(11		)
Other adjustments	8			1			7
Pension/post-retirement plans losses	(1,114		)	(335		)	(779		)
Other comprehensive loss	$	(1,223	)	$	(335	)	$	(888	)

For the year ended December 31,	2010
(In millions of dollars)	Pre-Tax			Tax (Credit)			Net of Tax
Foreign currency translation adjustments	$	(34	)	$	(7	)	$	(27	)
Unrealized investment losses	(17		)	(5		)	(12		)
Pension/post-retirement plans:
Amortization of losses (gains) included in net periodic pension cost:
Prior service gains	(34		)	(13		)	(21		)
Net actuarial losses	144			48			96
Subtotal	110			35			75
Net loss arising during period	(346		)	(111		)	(235		)
Foreign currency translation adjustments	89			18			71
Other adjustments	1			2			(1		)
Pension/post-retirement plans losses	(146		)	(56		)	(90		)
Other comprehensive loss	$	(197	)	$	(68	)	$	(129	)

Schedule of Accumulated Other Comprehensive Income (Loss)

The components of accumulated other comprehensive income (loss) are as follows:

(In millions of dollars)	December 31, 2012			December 31, 2011
Foreign currency translation adjustments (net of deferred tax liability of $9 and $14 in 2012 and 2011, respectively)	$	140		$	(42	)
Net unrealized investment gains (net of deferred tax liability of $2 and $1 in 2012 and 2011, respectively)	4			6
Net charges related to pension / post-retirement plans (net of deferred tax asset of $1,657 and $1,508 in 2012 and 2011, respectively)	(3,451		)	(3,152		)
	$	(3,307	)	$	(3,188	)