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Other Comprehensive Income (Loss) (Tables)
 9 Months Ended
Sep. 30, 2014
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The changes in the balances of each component of Accumulated Other Comprehensive Income ("AOCI") for the three- and nine-month periods ended September 30, 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 July 1, 2014
$
5

 
$
(2,883
)
 
$
271

 
$
(2,607
)
Other comprehensive income (loss) before reclassifications
—

 
94

 
(419
)
 
(325
)
Amounts reclassified from accumulated other comprehensive income
—

 
37

 
—

 
37

Net current period other comprehensive income (loss)
—

 
131

 
(419
)
 
(288
)
Balance as of September 30, 2014
$
5

 
$
(2,752
)
 
$
(148
)
 
$
(2,895
)
(In millions of dollars)
Unrealized Investment Gains
 
Pension/Post-Retirement Plans Gains (Losses)
 
Foreign Currency Translation Adjustments
 
Total
Balance as of July 1, 2013
$
3

 
$
(3,238
)
 
$
(200
)
 
$
(3,435
)
Other comprehensive income (loss) before reclassifications
—

 
(85
)
 
256

 
171

Amounts reclassified from accumulated other comprehensive income
—

 
51

 
—

 
51

Net current period other comprehensive income (loss)
—

 
(34
)
 
256

 
222

Balance as of September 30, 2013
$
3

 
$
(3,272
)
 
$
56

 
$
(3,213
)
(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
—

 
(174
)
 
(204
)
 
(378
)
Amounts reclassified from accumulated other comprehensive income
—

 
104

 
—

 
104

Net current period other comprehensive income (loss)
—

 
(70
)
 
(204
)
 
(274
)
Balance as of September 30, 2014
$
5

 
$
(2,752
)
 
$
(148
)
 
$
(2,895
)

(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
)
 
36

 
(84
)
 
(49
)
Amounts reclassified from accumulated other comprehensive income
—

 
143

 
—

 
143

Net current period other comprehensive income (loss)
(1
)
 
179

 
(84
)
 
94

Balance as of September 30, 2013
$
3

 
$
(3,272
)
 
$
56

 
$
(3,213
)
Schedule of Components of Comprehensive Income (Loss)
The components of other comprehensive income (loss) for the three- and nine-month periods ended September 30, 2014 and 2013 are as follows:
Three Months Ended September 30,
2014
 
2013
 
 
 
 
(In millions of dollars)
Pre-Tax

Tax

Net of Tax

 
Pre-Tax

Tax

Net of Tax

Foreign currency translation adjustments
$
(421
)
$
(2
)
$
(419
)
 
$
254

$
(2
)
$
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)
57

18

39

 
81

26

55

Subtotal
54

17

37

 
75

24

51

Effect of remeasurement
(1
)
(1
)
—

 
—

—

—

Effect of curtailment
—

—

—

 
—

—

—

Foreign currency translation adjustments
119

25

94

 
(106
)
(25
)
(81
)
Other
—

—

—

 
(6
)
(2
)
(4
)
Pension/post-retirement plans (losses) gains
172

41

131

 
(37
)
(3
)
(34
)
Other comprehensive income (loss)
$
(249
)
$
39

$
(288
)
 
$
217

$
(5
)
$
222

(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.
Nine Months Ended September 30,
2014
 
2013
(In millions of dollars)
Pre-Tax

Tax

Net of Tax

 
Pre-Tax

Tax

Net of Tax

Foreign currency translation adjustments
$
(214
)
$
(10
)
$
(204
)
 
$
(91
)
$
(7
)
$
(84
)
Unrealized investment gains (losses)
—

—

—

 
(1
)
—

(1
)
Pension/post-retirement plans:
 
 
 
 
 
 
 
Amortization of losses (gains) included in net periodic pension cost:


 
 
 
 
 
 
 Prior service gains (a)
(8
)
(3
)
(5
)
 
(17
)
(6
)
(11
)
 Net actuarial losses (a)
157

48

109

 
237

83

154

Subtotal
149

45

104

 
220

77

143

Effect of remeasurement
(167
)
(34
)
(133
)
 
—

—

—

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

—

—

Foreign currency translation adjustments
11

3

8

 
51

11

40

Other
3

—

3

 
(6
)
(2
)
(4
)
Pension/post-retirement plans (losses) gains
(69
)
1

(70
)
 
265

86

179

Other comprehensive (loss) income
$
(283
)
$
(9
)
$
(274
)
 
$
173

$
79

$
94

(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.