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Other Comprehensive Income
6 Months Ended
Jun. 30, 2013
Other Comprehensive Income  
Other Comprehensive Income

8.  Other Comprehensive Income

 

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

 

($ in millions)

 

Three months ended June 30,

 

 

 

2013

 

2012

 

 

 

Pre-
tax

 

Tax

 

After-
tax

 

Pre-
tax

 

Tax

 

After-
tax

 

Unrealized net holding gains and losses arising during the period, net of related offsets

$

(807)

$

282

$

(525)

$

242

$

(85)

$

157

 

Less: reclassification adjustment of realized capital gains and losses

 

57

 

(20)

 

37

 

(5)

 

2

 

(3)

 

Unrealized net capital gains and losses

 

(864)

 

302

 

(562)

 

247

 

(87)

 

160

 

Unrealized foreign currency translation adjustments

 

(2)

 

1

 

(1)

 

5

 

(2)

 

3

 

Other comprehensive (loss) income

$

(866)

$

303

 

(563)

$

252

$

(89)

 

163

 

Net income

 

 

 

 

 

150

 

 

 

 

 

98

 

Comprehensive (loss) income

 

 

 

 

$

(413)

 

 

 

 

$

261

 

 

 

 

Six months ended June 30,

 

 

 

2013

 

2012

 

 

 

Pre-
tax

 

Tax

 

After-
tax

 

Pre-
tax

 

Tax

 

After-
tax

 

Unrealized net holding gains and losses arising during the period, net of related offsets

$

(792)

$

277

$

(515)

$

542

$

(190)

$

352

 

Less: reclassification adjustment of realized capital gains and losses

 

33

 

(12)

 

21

 

(56)

 

20

 

(36)

 

Unrealized net capital gains and losses

 

(825)

 

289

 

(536)

 

598

 

(210)

 

388

 

Unrealized foreign currency translation adjustments

 

--

 

--

 

--

 

3

 

(1)

 

2

 

Other comprehensive (loss) income

$

(825)

$

289

 

(536)

$

601

$

(211)

 

390

 

Net income

 

 

 

 

 

259

 

 

 

 

 

181

 

Comprehensive (loss) income

 

 

 

 

$

(277)

 

 

 

 

$

571