NONCONTROLLING INTERESTS

6 Months Ended

Jun. 30, 2013

NONCONTROLLING INTERESTS

NONCONTROLLING INTERESTS

12. NONCONTROLLING INTERESTS

The following table presents a rollforward of noncontrolling interests:

	Redeemable Noncontrolling interests
(in millions)	Held by Department of Treasury			Other			Total			Non-redeemable Noncontrolling interests
Six Months Ended June 30, 2013
Balance, beginning of year	$	–		$	334		$	334		$	667
Contributions from noncontrolling interests		–			48			48			13
Distributions to noncontrolling interests		–			(144	)		(144	)		(31	)
Consolidation (deconsolidation)		–			(145	)		(145	)		1
Comprehensive income (loss):
Net income		–			4			4			48
Other comprehensive income (loss), net of tax:
Unrealized losses on investments		–			(15	)		(15	)		–
Foreign currency translation adjustments		–			(2	)		(2	)		(4	)
Total other comprehensive income (loss), net of tax		–			(17	)		(17	)		(4	)
Total comprehensive income (loss)		–			(13	)		(13	)		44
Other		–			–			–			(2	)
Balance, end of period	$	–		$	80		$	80		$	692
Six Months Ended June 30, 2012
Balance, beginning of year	$	8,427		$	96		$	8,523		$	855
Repayment to Department of the Treasury		(8,635	)		–			(8,635	)		–
Contributions from noncontrolling interests		–			23			23			46
Distributions to noncontrolling interests		–			–			–			(100	)
Consolidation (deconsolidation)		–			(4	)		(4	)		–
Comprehensive income (loss):
Net income (loss)		208			(3	)		205			43
Other comprehensive income (loss), net of tax:
Unrealized gains on investments		–			–			–			2
Foreign currency translation adjustments		–			–			–			(5	)
Total other comprehensive income (loss), net of tax		–			–			–			(3	)
Total comprehensive income (loss)		208			(3	)		205			40
Other		–			–			–			(21	)
Balance, end of period	$	–		$	112		$	112		$	820