Accumulated Other Comprehensive Loss

9 Months Ended

Sep. 30, 2012

Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Loss [Text Block]

Note 15—Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss excludes amounts required to adjust future policy benefits for the run-off settlement annuity business.Changes in accumulated other comprehensive loss were as follows:

			Tax
			(Expense)		After-
(In millions)	Pre-Tax		Benefit		Tax
Three Months Ended September 30, 2012
Net unrealized appreciation, securities:
Net unrealized appreciation on securities arising during the period	$	134	$	(45)	$	89
Reclassification adjustment for (gains) included in shareholders' net income		(9)		3		(6)
Net unrealized appreciation, securities	$	125	$	(42)	$	83
Net unrealized depreciation, derivatives	$	(5)	$	1	$	(4)
Net translation of foreign currencies	$	39	$	(8)	$	31
Postretirement benefits liability adjustment:
Reclassification adjustment for amortization of net losses from past
experience and prior service costs	$	12	$	(4)	$	8
Net postretirement benefits liability adjustment	$	12	$	(4)	$	8
Three Months Ended September 30, 2011
Net unrealized appreciation, securities:
Net unrealized appreciation on securities arising during the period	$	115	$	(39)	$	76
Reclassification adjustment for losses included in shareholders' net income		23		(8)		15
Net unrealized appreciation, securities	$	138	$	(47)	$	91
Net unrealized appreciation, derivatives	$	20	$	(7)	$	13
Net translation of foreign currencies	$	(111)	$	16	$	(95)
Postretirement benefits liability adjustment:
Reclassification adjustment for amortization of net losses from past
experience and prior service costs	$	6	$	(2)	$	4
Net postretirement benefits liability adjustment	$	6	$	(2)	$	4

			Tax
			(Expense)		After-
(In millions)	Pre-Tax		Benefit		Tax
Nine Months Ended September 30, 2012
Net unrealized appreciation, securities:
Net unrealized appreciation on securities arising during the year	$	283	$	(94)	$	189
Reclassification adjustment for (gains) included in shareholders' net income		(28)		10		(18)
Net unrealized appreciation, securities	$	255	$	(84)	$	171
Net unrealized depreciation, derivatives	$	(5)	$	1	$	(4)
Net translation of foreign currencies	$	37	$	(14)	$	23
Postretirement benefits liability adjustment:
Reclassification adjustment for amortization of net losses from past
experience and prior service costs	$	36	$	(12)	$	24
Reclassification adjustment for settlement		6		(2)		4
Total reclassification adjustments to shareholders' net income		42		(14)		28
Net change due to valuation update		24		(8)		16
Net postretirement benefits liability adjustment	$	66	$	(22)	$	44
Nine Months Ended September 30, 2011
Net unrealized appreciation, securities:
Net unrealized appreciation on securities arising during the year	$	292	$	(99)	$	193
Reclassification adjustment for (gains) included in shareholders' net income		(31)		10		(21)
Net unrealized appreciation, securities	$	261	$	(89)	$	172
Net unrealized appreciation, derivatives	$	5	$	(2)	$	3
Net translation of foreign currencies	$	(14)	$	7	$	(7)
Postretirement benefits liability adjustment:
Reclassification adjustment for amortization of net losses from past
experience and prior service costs	$	17	$	(6)	$	11
Net change due to valuation update		3		(1)		2
Net postretirement benefits liability adjustment	$	20	$	(7)	$	13