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Other Comprehensive Income (Loss) (Tables)
 12 Months Ended
Dec. 31, 2013
Equity [Abstract]  
Schedule of Other Comprehensive Income (Loss)
The components of other comprehensive income (loss) are as follows:
For the year ended December 31,
2013
(In millions of dollars)
Pre-Tax
Tax (Credit)
Net of Tax
Foreign currency translation adjustments
$
(86
)
$
(2
)
$
(84
)
Unrealized investment gains (losses)
1

—

1

Pension/post-retirement plans:
 
 
 
Amortization of losses (gains) included in net periodic pension cost:
 
 
 
Prior service gains
(22
)
(8
)
(14
)
Net actuarial losses
317

108

209

Subtotal
295

100

195

Net gains arising during period
898

339

559

Foreign currency translation adjustments
27

8

19

Other adjustments
(7
)
(3
)
(4
)
Pension/post-retirement plans gains
1,213

444

769

Other comprehensive income
$
1,128

$
442

$
686

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 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
)
Schedule of Accumulated Other Comprehensive Income (Loss)
The components of accumulated other comprehensive income (loss) are as follows:
(In millions of dollars)
December 31, 2013

 
December 31, 2012

Foreign currency translation adjustments (net of deferred tax liability of $7 and $9 in 2013 and 2012, respectively)
$
56

 
$
140

Net unrealized investment gains (net of deferred tax liability of $2 in 2013 and 2012, respectively)
5

 
4

Net charges related to pension / post-retirement plans (net of deferred tax asset of $1,213 and $1,657 in 2013 and 2012, respectively)
(2,682
)
 
(3,451
)
 
$
(2,621
)
 
$
(3,307
)
The changes in the balances of each component of Accumulated Other Comprehensive Income ("AOCI") for the year ended December 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
Balance as of January 1, 2013
$
4

 
$
(3,451
)
 
$
140

 
$
(3,307
)
Other comprehensive income (loss) before reclassifications
1

 
574

 
(84
)
 
491

Amounts reclassified from accumulated other comprehensive income
—

 
195

 
—

 
195

Net current period other comprehensive income (loss)
1

 
769

 
(84
)
 
686

Balance as of December 31, 2013
$
5

 
$
(2,682
)
 
$
56

 
$
(2,621
)