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Other Comprehensive Income (Loss) (Tables)
 9 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The changes, net of tax, in the balances of each component of Accumulated Other Comprehensive Income ("AOCI") for the three and nine-month periods ended September 30, 2017 and 2016, including amounts reclassified out of AOCI, are as follows:
(In millions)
Unrealized Investment Gains (Losses)
 
Pension/Post-Retirement Plans Gains (Losses)
 
Foreign Currency Translation Gains (Losses)
 
Total Gains (Losses)
Balance as of July 1, 2017
$
30

 
$
(3,215
)
 
$
(1,356
)
 
$
(4,541
)
Other comprehensive (loss) income before reclassifications
(5
)
 
(173
)
 
126

 
(52
)
Amounts reclassified from accumulated other comprehensive income
—

 
33

 
—

 
33

Net current period other comprehensive (loss) income
(5
)
 
(140
)
 
126

 
(19
)
Balance as of September 30, 2017
$
25

 
$
(3,355
)
 
$
(1,230
)
 
$
(4,560
)
(In millions)
Unrealized Investment Gains
 
Pension/Post-Retirement Plans Gains (Losses)
 
Foreign Currency Translation Gains (Losses)
 
Total Gains (Losses)
Balance as of July 1, 2016
$
6

 
$
(2,885
)
 
$
(1,422
)
 
$
(4,301
)
Other comprehensive income (loss) before reclassifications
1

 
36

 
(54
)
 
(17
)
Amounts reclassified from accumulated other comprehensive income
—

 
29

 
—

 
29

Net current period other comprehensive income (loss)
1

 
65

 
(54
)
 
12

Balance as of September 30, 2016
$
7

 
$
(2,820
)
 
$
(1,476
)
 
$
(4,289
)
(In millions)
Unrealized Investment Gains
 
Pension/Post-Retirement Plans Gains (Losses)
 
Foreign Currency Translation Gains (Losses)
 
Total Gains (Losses)
Balance as of January 1, 2017
$
19

 
$
(3,232
)
 
$
(1,880
)
 
$
(5,093
)
Other comprehensive income (loss) before reclassifications
6

 
(219
)
 
650

 
437

Amounts reclassified from accumulated other comprehensive income
—

 
96

 
—

 
96

Net current period other comprehensive income (loss)
6

 
(123
)
 
650

 
533

Balance as of September 30, 2017
$
25

 
$
(3,355
)
 
$
(1,230
)
 
$
(4,560
)

(In millions)
Unrealized Investment Gains
 
Pension/Post-Retirement Plans Gains (Losses)
 
Foreign Currency Translation Gains (Losses)
 
Total Gains (Losses)
Balance as of January 1, 2016
$
6

 
$
(3,124
)
 
$
(1,102
)
 
$
(4,220
)
Other comprehensive income (loss) before reclassifications
1

 
214

 
(374
)
 
(159
)
Amounts reclassified from accumulated other comprehensive income
—

 
90

 
—

 
90

Net current period other comprehensive income (loss)
1

 
304

 
(374
)
 
(69
)
Balance as of September 30, 2016
$
7

 
$
(2,820
)
 
$
(1,476
)
 
$
(4,289
)
Schedule of Components of Comprehensive Income (Loss)
The components of other comprehensive income (loss) for the three and nine-month periods ended September 30, 2017 and 2016 are as follows:
Three Months Ended September 30,
 
2017
 
2016
(In millions)
 
Pre-Tax
Tax (Credit)
Net of Tax
 
Pre-Tax
Tax
Net of Tax
Foreign currency translation adjustments
 
$
127

$
1

$
126

 
$
(52
)
$
2

$
(54
)
Unrealized investment (losses) gains
 
(8
)
(3
)
(5
)
 
1

—

1

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


 
Prior service cost (a)
 
—

—

—

 
1

1

—

Net actuarial losses (a)
 
43

10

33

 
41

12

29

Subtotal
 
43

10

33

 
42

13

29

 Effect of remeasurement
 
3

—

3

 
—

—

—

 Effect of settlement
 
1

—

1

 
—

—

—

 Foreign currency translation (losses) gains
 
(215
)
(38
)
(177
)
 
40

4

36

Pension/post-retirement plans (losses) gains
 
(168
)
(28
)
(140
)
 
82

17

65

Other comprehensive (loss) income
 
$
(49
)
$
(30
)
$
(19
)
 
$
31

$
19

$
12

(a) Components of net periodic pension cost are included in compensation and benefits in the consolidated statements of income. Income tax credits on prior service cost and net actuarial losses are included in income tax expense.

Nine Months Ended September 30,
2017
 
2016
(In millions)
Pre-Tax
Tax
(Credit)
Net of Tax
 
Pre-Tax
Tax
Net of Tax
Foreign currency translation adjustments
$
652

$
2

$
650

 
$
(373
)
$
1

$
(374
)
Unrealized investment gains
11

5

6

 
1

—

1

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


 
 
 
 
 
 
 Prior service cost (a)
—

—

—

 
2

1

1

 Net actuarial losses (a)
125

29

96

 
125

36

89

Subtotal
125

29

96

 
127

37

90

Effect of remeasurement
12

3

9

 
(1
)
—

(1
)
Effect of curtailment
(1
)
—

(1
)
 
3

1

2

Effect of settlement
2

—

2

 
1

—

1

Foreign currency translation (losses) gains
(277
)
(49
)
(228
)
 
253

41

212

Other
(1
)
—

(1
)
 
—

—

—

Pension/post-retirement plans (losses) gains
(140
)
(17
)
(123
)
 
383

79

304

Other comprehensive income (loss)
$
523

$
(10
)
$
533

 
$
11

$
80

$
(69
)
(a) Components of net periodic pension cost are included in compensation and benefits in the consolidated statements of income. Tax on prior service cost and net actuarial losses is included in income tax expense.