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Other Comprehensive Income (Loss) (Tables)
 9 Months Ended
Sep. 30, 2015
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, 2015 and 2014, 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, 2015
$
5

 
$
(3,289
)
 
$
(639
)
 
$
(3,923
)
Other comprehensive income (loss) before reclassifications
1

 
31

 
(276
)
 
(244
)
Amounts reclassified from accumulated other comprehensive income
—

 
45

 
—

 
45

Net current period other comprehensive income (loss)
1

 
76

 
(276
)
 
(199
)
Balance as of September 30, 2015
$
6

 
$
(3,213
)
 
$
(915
)
 
$
(4,122
)
(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 January 1, 2015
$
5

 
$
(3,393
)
 
$
(459
)
 
$
(3,847
)
Other comprehensive income (loss) before reclassifications
1

 
33

 
(456
)
 
(422
)
Amounts reclassified from accumulated other comprehensive income
—

 
147

 
—

 
147

Net current period other comprehensive income (loss)
1

 
180

 
(456
)
 
(275
)
Balance as of September 30, 2015
$
6

 
$
(3,213
)
 
$
(915
)
 
$
(4,122
)

(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
)
Schedule of Components of Comprehensive Income (Loss)
The components of other comprehensive income (loss) for the three- and nine-month periods ended September 30, 2015 and 2014 are as follows:
Three Months Ended September 30,
2015
 
2014
(In millions of dollars)
Pre-Tax

Tax

Net of Tax

 
Pre-Tax

Tax

Net of Tax

Foreign currency translation adjustments
$
(278
)
$
(2
)
$
(276
)
 
$
(421
)
$
(2
)
$
(419
)
Unrealized investment gains (losses)
1

—

1

 
—

—

—

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


 
Prior service losses (gains) (a)
1

—

1

 
(3
)
(1
)
(2
)
Net actuarial losses (a)
67

23

44

 
57

18

39

Subtotal
68

23

45

 
54

17

37

Effect of remeasurement
(89
)
(30
)
(59
)
 
(1
)
(1
)
—

Effect of curtailment
4

—

4

 
—

—

—

Effect of settlement
1

—

1

 
—

—

—

Foreign currency translation adjustments
105

24

81

 
119

25

94

Other
5

1

4

 
—

—

—

Pension/post-retirement plans gains (losses)
94

18

76

 
172

41

131

Other comprehensive income (loss)
$
(183
)
$
16

$
(199
)
 
$
(249
)
$
39

$
(288
)
(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,
2015
 
2014
(In millions of dollars)
Pre-Tax

Tax

Net of Tax

 
Pre-Tax

Tax

Net of Tax

Foreign currency translation adjustments
$
(458
)
$
(2
)
$
(456
)
 
$
(214
)
$
(10
)
$
(204
)
Unrealized investment gains (losses)
1

—

1

 
—

—

—

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


 
 
 
 
 
 
 Prior service losses (gains) (a)
1

—

1

 
(8
)
(3
)
(5
)
 Net actuarial losses (a)
220

74

146

 
157

48

109

Subtotal
221

74

147

 
149

45

104

Effect of remeasurement
(92
)
(31
)
(61
)
 
(167
)
(34
)
(133
)
Effect of curtailment
4

—

4

 
(65
)
(13
)
(52
)
Effect of settlement
2

—

2

 
—

—

—

Plan Termination
(6
)
(2
)
(4
)
 
—

—

—

Foreign currency translation adjustments
113

25

88

 
11

3

8

Other
5

1

4

 
3

—

3

Pension/post-retirement plans gains (losses)
247

67

180

 
(69
)
1

(70
)
Other comprehensive (loss) income
$
(210
)
$
65

$
(275
)
 
$
(283
)
$
(9
)
$
(274
)
(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.