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Other Comprehensive Income (Loss) (Tables)
3 Months Ended
Mar. 31, 2019
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-month periods ended March 31, 2019 and 2018, 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 December 31, 2018
$

 
$
(2,953
)
 
$
(1,694
)
 
$
(4,647
)
Other comprehensive (loss) income before reclassifications

 
(59
)
 
94

 
35

Amounts reclassified from accumulated other comprehensive income

 
22

 

 
22

Net current period other comprehensive (loss) income

 
(37
)
 
94

 
57

Balance as of March 31, 2019
$

 
$
(2,990
)
 
$
(1,600
)
 
$
(4,590
)

(In millions)
Unrealized Investment Gains (Losses)
 
Pension/Post-Retirement Plans Gains (Losses)
 
Foreign Currency Translation Gains (Losses)
 
Total Gains (Losses)
Balance as of December 31, 2017
$
14

 
$
(2,892
)
 
$
(1,165
)
 
$
(4,043
)
Cumulative effect of amended accounting standard
(14
)
 

 

 
(14
)
Other comprehensive (loss) income before reclassifications

 
(100
)
 
223

 
123

Amounts reclassified from accumulated other comprehensive income

 
29

 

 
29

Net current period other comprehensive (loss) income

 
(71
)
 
223

 
152

Balance as of March 31, 2018
$

 
$
(2,963
)
 
$
(942
)
 
$
(3,905
)
Schedule of Components of Comprehensive Income (Loss)
The components of other comprehensive income (loss) for the three-month period ended March 31, 2019 and 2018 are as follows:
 
Three Months Ended March 31,
2019
 
2018
(In millions)
Pre-Tax
Tax
(Credit)
Net of Tax
 
Pre-Tax
Tax (Credit)
Net of Tax
Foreign currency translation adjustments
$
96

$
2

$
94

 
$
228

$
5

$
223

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


 
 
 
 
 
 
Prior service credits (a)
(1
)

(1
)
 
(1
)

(1
)
Net actuarial losses (a)
26

6

20

 
37

7

30

Effect of settlement (a)
4

1

3

 



Subtotal
29

7

22

 
36

7

29

Foreign currency translation adjustments
(72
)
(13
)
(59
)
 
(120
)
(20
)
(100
)
Pension/post-retirement plans (loss) gains
(43
)
(6
)
(37
)
 
(84
)
(13
)
(71
)
Other comprehensive income (loss)
$
53

$
(4
)
$
57

 
$
144

$
(8
)
$
152

(a) Components of net periodic pension cost are included in other net benefit credits in the consolidated statements of income. Tax on prior service costs and net actuarial losses is included in income tax expense.