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Other (income) expense
 12 Months Ended
Dec. 31, 2012
Other Income and Expenses [Abstract]  
Other (income) expense
Other (income) expense

The following table presents the components of Other (income) expense as reflected in the consolidated statements of operations:
 
Years Ended December 31
 
(in millions of U.S. dollars)
2012

 
2011

 
2010

Equity in net (income) loss of partially-owned entities
$
(80
)
 
$
(32
)
 
$
(75
)
Amortization of intangible assets
51

 
29

 
9

(Gains) losses from fair value changes in separate account assets
(29
)
 
36

 
—

Federal excise and capital taxes
22

 
20

 
19

Acquisition-related costs
11

 
5

 
14

Other
19

 
23

 
23

Other (income) expense
$
(6
)
 
$
81

 
$
(10
)


Other (income) expense includes (Gains) losses from fair value changes in separate account assets that do not qualify for separate account reporting under GAAP. The offsetting movement in the separate account liabilities is included in Policy benefits in the consolidated statements of operations. Refer to Note 1 i) for additional information. Equity in net (income) loss of partially-owned entities includes our share of net (income) loss related to investment funds, limited partnerships, partially-owned investment companies, and partially-owned insurance companies.  Certain federal excise and capital taxes incurred as a result of capital management initiatives are included in Other (income) expense in the consolidated statements of operations. As these are considered capital transactions, they are excluded from underwriting results.