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Consolidated Statements of Comprehensive Income (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Comprehensive Income      
Net income (loss) $ (38) $ 712 $ 1,636
Other comprehensive income      
Change in net unrealized gain/loss on securities 1,907 [1],[2] 2,067 [1],[2] 1,889 [1],[2]
Change in OTTI losses recognized in other comprehensive income 52 [1] 9 [1] 116 [1]
Change in net gain/loss on cash-flow hedging instruments (88) [1],[3] 131 [1],[3] 128 [1],[3]
Change in foreign currency translation adjustments (168) [1] 107 [1] 275 [1]
Change in pension and other postretirement plan adjustments (111) (73) [1] (123) [1]
Total other comprehensive income 1,592 2,241 2,285
Total comprehensive income $ 1,554 $ 2,953 $ 3,921
[1] Included in the unrealized gain (loss) balance as of December 31, 2012, 2011 and 2010 was net unrealized gains (losses) credited to policyholders of $(20), $(65), and $(87), respectively. Included in the AOCI components were the following:•Unrealized gain (loss) on securities is net of tax and deferred acquisition costs of $1,600, $1,126, and $3,407, for the years ended December 31, 2012, 2011 and 2010 , respectively.•Change in other-than-temporary impairment losses recognized in other comprehensive income is net of changes in the fair value of non-credit impaired securities of $147, $112 and $647 for the years ended December 31, 2012, 2011 and 2010, respectively, and net of tax and deferred acquisition costs of $(55), $(14) and $(113) for the years ended December 31, 2012, 2011 and 2010, respectively.•Net gain (loss) on cash-flow hedging instruments is net of tax of $(47), $71, and $69 for the years ended December 31, 2012, 2011 and 2010, respectively.•Changes in foreign currency translation adjustments are net of tax of $(90), $58 and $148 for the years ended December 31, 2012, 2011 and 2010, respectively.•Change in pension and other postretirement plan adjustment is net of tax of $(60), $(39), and $(66) for the years ended December 31, 2012, 2011 and 2010, respectively.
[2] Net of reclassification adjustment for gains (losses) realized in net income of $57, $88, and $(78) for the years ended for the years ended December 31, 2012, 2011 and 2010, respectively.
[3] Net of amortization adjustment of $139, $125, and $94 to net investment income for the years ended December 31, 2012, 2011 and 2010, respectively.