Accumulated Other Comprehensive Loss

9 Months Ended

Sep. 30, 2011

Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Loss [Text Block]

Note 14—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, 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 depreciation, derivatives	$	20	$	(7)	$	13
Net translation of foreign currencies	$	(131)	$	18	$	(113)
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
Three Months Ended September 30, 2010
Net unrealized appreciation, securities:
Net unrealized appreciation on securities arising during the period	$	320	$	(110)	$	210
Reclassification adjustment for (gains) included in shareholders' net income		(18)		6		(12)
Net unrealized appreciation, securities	$	302	$	(104)	$	198
Net unrealized appreciation, derivatives	$	(17)	$	6	$	(11)
Net translation of foreign currencies	$	95	$	(29)	$	66
Postretirement benefits liability adjustment:
Reclassification adjustment for amortization of net losses from past
experience and prior service costs	$	2	$	(1)	$	1
Net postretirement benefits liability adjustment	$	2	$	(1)	$	1

			Tax
			(Expense)		After-
(In millions)	Pre-Tax		Benefit		Tax
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	$	(17)	$	2	$	(15)
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
Nine Months Ended September 30, 2010
Net unrealized appreciation, securities:
Net unrealized appreciation on securities arising during the year	$	645	$	(221)	$	424
Reclassification adjustment for (gains) included in shareholders' net income		(55)		19		(36)
Net unrealized appreciation, securities	$	590	$	(202)	$	388
Net unrealized appreciation, derivatives	$	13	$	(4)	$	9
Net translation of foreign currencies	$	42	$	(15)	$	27
Postretirement benefits liability adjustment:
Reclassification adjustment for amortization of net losses from past
experience and prior service costs	$	7	$	4	$	11
Net change due to valuation update		(157)		55		(102)
Net postretirement benefits liability adjustment	$	(150)	$	59	$	(91)