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Other Comprehensive Income (Loss)
 3 Months Ended
Mar. 31, 2014
Equity [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 three-month periods ended March 31, 2014 and 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, 2014
$
5

 
$
(2,682
)
 
$
56

 
$
(2,621
)
Other comprehensive income (loss) before reclassifications
—

 
(199
)
 
78

 
(121
)
Amounts reclassified from accumulated other comprehensive income
—

 
34

 
—

 
34

Net current period other comprehensive income (loss)
—

 
(165
)
 
78

 
(87
)
Balance as of March 31, 2014
$
5

 
$
(2,847
)
 
$
134

 
$
(2,708
)





(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
—

 
139

 
(256
)
 
(117
)
Amounts reclassified from accumulated other comprehensive income
—

 
45

 
—

 
45

Net current period other comprehensive income (loss)
—

 
184

 
(256
)
 
(72
)
Balance as of March 31, 2013
$
4

 
$
(3,267
)
 
$
(116
)
 
$
(3,379
)


The components of other comprehensive income (loss) for the three-month periods ended March 31, 2014 and 2013 are as follows:
 
 
 
 
 
 
 
 
Three Months Ended March 31,
2014
 
2013
(In millions of dollars)
Pre-Tax

Tax

Net of Tax

 
Pre-Tax

Tax

Net of Tax

Foreign currency translation adjustments
$
71

$
(7
)
$
78

 
$
(260
)
$
(4
)
$
(256
)
Unrealized investment gains (losses)
—

—

—

 
—

—

—

Pension/post-retirement plans:
 
 
 
 
 
 
 
Amortization of losses (gains) included in net periodic pension cost:


 
 
 
 
 
 
 Prior service gains (a)
(3
)
(1
)
(2
)
 
(6
)
(2
)
(4
)
 Net actuarial losses (a)
51

15

36

 
78

29

49

Subtotal
48

14

34

 
72

27

45

Effect of remeasurement
(166
)
(33
)
(133
)
 
—

—

—

Effect of curtailment
(65
)
(13
)
(52
)
 
—

—

—

Foreign currency translation adjustments
(17
)
(2
)
(15
)
 
180

41

139

Other
1

—

1

 
—

—

—

Pension/post-retirement plans (losses) gains
(199
)
(34
)
(165
)
 
252

68

184

Other comprehensive (loss) income
$
(128
)
$
(41
)
$
(87
)
 
$
(8
)
$
64

$
(72
)
(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.