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Stockholders' Equity (Tables)
6 Months Ended
Jun. 30, 2014
Reconciliation of Accumulated Other Comprehensive Income

The following table presents a reconciliation of the changes during the six months ended June 30, 2014 and 2013 in accumulated other comprehensive income attributable to Alleghany stockholders:

 

     Unrealized
Appreciation of
Investments
    Unrealized
Currency
Translation
Adjustment
    Retirement
Plans
    Total  
           (in millions)        

Balance as of January 1, 2014

   $ 238.4      $ (49.3   $ (2.2   $ 186.9   

Other comprehensive income, net of tax:

        

Other comprehensive income before reclassifications

     357.3        6.2        0.1        363.6   

Reclassifications from accumulated other comprehensive income

     (85.9     —          —          (85.9
  

 

 

   

 

 

   

 

 

   

 

 

 

Total

     271.4        6.2        0.1        277.7   
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance as of June 30, 2014

   $ 509.8      $ (43.1   $ (2.1   $ 464.6   
  

 

 

   

 

 

   

 

 

   

 

 

 

 

     Unrealized
Appreciation of
Investments
    Unrealized
Currency
Translation
Adjustment
    Retirement
Plans
    Total  
           (in millions)        

Balance as of January 1, 2013

   $ 263.3      $ (13.4   $ 0.6      $ 250.5   

Other comprehensive income, net of tax:

        

Other comprehensive income before reclassifications

     (119.1     (26.4     (0.2     (145.7

Reclassifications from accumulated other comprehensive income

     (23.9     —          —          (23.9
  

 

 

   

 

 

   

 

 

   

 

 

 

Total

     (143.0     (26.4     (0.2     (169.6
  

 

 

   

 

 

   

 

 

   

 

 

 

Balance as of June 30, 2013

   $ 120.3      $ (39.8   $ 0.4      $ 80.9   
  

 

 

   

 

 

   

 

 

   

 

 

 
Reclassifications of Accumulated Other Comprehensive Income

Reclassifications out of accumulated other comprehensive income attributable to Alleghany stockholders during the three and six months ended June 30, 2014 and 2013 were as follows:

 

          Three Months
Ended
June 30,
    Six Months Ended
June 30,
 

Accumulated Other Comprehensive Income Component

  

Line in Consolidated Statement of Earnings

   2014     2013     2014     2013  
                (in millions)        

Unrealized appreciation of investments:

   Net realized capital gains    $ (41.5   $ (27.0   $ (138.4   $ (77.9
   Other than temporary impairment losses      0.9        8.9        6.2        41.2   
   Income taxes      14.2        6.3        46.3        12.8   
     

 

 

   

 

 

   

 

 

   

 

 

 

Total reclassifications:

   Net earnings    $ (26.4   $ (11.8   $ (85.9   $ (23.9