Other Comprehensive Income

6 Months Ended

Jun. 30, 2011

9. Other Comprehensive Income

The components of other comprehensive income on a pre-tax and after-tax basis are as follows:

($ in millions)		Three months ended June 30,
		2011						2010
		Pre-tax		Tax		After- tax		Pre-tax		Tax		After- tax
Unrealized net holding gains and losses arising during the period, net of related offsets	$	241	$	(84)	$	157	$	522	$	(182)	$	340
Less: reclassification adjustment of realized capital gains and losses		95		(33)		62		(156)		55		(101)
Unrealized net capital gains and losses		146		(51)		95		678		(237)		441
Unrealized foreign currency translation adjustments		3		(1)		2		--		--		--
Other comprehensive income	$	149	$	(52)		97	$	678	$	(237)		441
Net income (loss)						137						(127)
Comprehensive income					$	234					$	314

		Six months ended June 30,
		2011						2010
		Pre-tax		Tax		After- tax		Pre-tax		Tax		After- tax
Unrealized net holding gains and losses arising during the period, net of related offsets	$	463	$	(162)	$	301	$	1,244	$	(436)	$	808
Less: reclassification adjustment of realized capital gains and losses		124		(43)		81		(247)		86		(161)
Unrealized net capital gains and losses		339		(119)		220		1,491		(522)		969
Unrealized foreign currency translation adjustments		3		(1)		2		--		--		--
Other comprehensive income	$	342	$	(120)		222	$	1,491	$	(522)		969
Net income (loss)						224						(145)
Comprehensive income					$	446					$	824

- Definition

This label may include the following: 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. Components of comprehensive income include: (1) foreign currency translation adjustments; (2) gains and losses on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (3) gains and losses on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (4) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (5) unrealized holding gains and losses on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (6) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (7) the net gain or loss and net prior service cost or credit for pension plans and other postretirement benefit plans.

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