Other Comprehensive Income and Accumulated Other Comprehensive Income (tables)

6 Months Ended

Jun. 30, 2017

Other Comprehensive Income and Accumulated Other Comprehensive Income disclosure

Changes in accumulated other comprehensive income (AOCI) [Table Text Block]

	Changes in Net Unrealized Gains on Investment Securities					Net Benefit Plan
(in millions, net of taxes)	Having No Credit Losses Recognized in the Consolidated Statement of Income			Having Credit Losses Recognized in the Consolidated Statement of Income		Assets and Obligations Recognized in Shareholders’ Equity			Net Unrealized Foreign Currency Translation			Total Accumulated Other Comprehensive Income (Loss)
Balance, December 31, 2016	$	528		$	202	$	(703	)	$	(782	)	$	(755	)
Other comprehensive income (OCI) before reclassifications	365			1		—			83			449
Amounts reclassified from AOCI	(61		)	—		23			—			(38		)
Net OCI, current period	304			1		23			83			411
Balance, June 30, 2017	$	832		$	203	$	(680	)	$	(699	)	$	(344	)

Pre-tax components of other comprehensive income and the related income tax expense for each component [Table Text Block]

	Three Months Ended June 30,					Six Months Ended June 30,
(in millions)	2017		2016			2017		2016
Changes in net unrealized gains on investment securities:
Having no credit losses recognized in the consolidated statement of income	$	327	$	879		$	471	$	1,593
Income tax expense	116		305			167		552
Net of taxes	211		574			304		1,041
Having credit losses recognized in the consolidated statement of income	2		12			2		17
Income tax expense	1		4			1		6
Net of taxes	1		8			1		11
Net changes in benefit plan assets and obligations	17		18			34		34
Income tax expense	6		6			11		11
Net of taxes	11		12			23		23
Net changes in unrealized foreign currency translation	48		(35		)	89		68
Income tax expense	—		8			6		21
Net of taxes	48		(43		)	83		47
Total other comprehensive income	394		874			596		1,712
Total income tax expense	123		323			185		590
Total other comprehensive income, net of taxes	$	271	$	551		$	411	$	1,122

Pre-tax and related income tax (expense) benefit components of the amounts reclassified from accumulated other comprehensive income to the consolidated statement of income [Table Text Block]

	Three Months Ended June 30,						Six Months Ended June 30,
(in millions)	2017			2016			2017			2016
Reclassification adjustments related to unrealized gains on investment securities:
Having no credit losses recognized in the consolidated statement of income (1)	$	(84	)	$	(24	)	$	(94	)	$	(35	)
Income tax expense (2)	(30		)	(8		)	(33		)	(12		)
Net of taxes	(54		)	(16		)	(61		)	(23		)
Having credit losses recognized in the consolidated statement of income (1)	—			1			—			12
Income tax benefit (2)	—			—			—			4
Net of taxes	—			1			—			8
Reclassification adjustment related to benefit plan assets and obligations:
Claims and claim adjustment expenses (3)	7			6			14			12
General and administrative expenses (3)	11			9			21			19
Total	18			15			35			31
Income tax benefit (2)	7			6			12			11
Net of taxes	11			9			23			20
Reclassification adjustment related to foreign currency translation (1)	—			—			—			—
Income tax benefit (2)	—			—			—			—
Net of taxes	—			—			—			—
Total reclassifications	(66		)	(8		)	(59		)	8
Total income tax (expense) benefit	(23		)	(2		)	(21		)	3
Total reclassifications, net of taxes	$	(43	)	$	(6	)	$	(38	)	$	5

(1) (Increases) decreases net realized investment gains on the consolidated statement of income.

(2) (Increases) decreases income tax expense on the consolidated statement of income.

(3) Increases (decreases) expenses on the consolidated statement of income.