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Other (income) expense
 12 Months Ended
Dec. 31, 2015
Other Income and Expenses [Abstract]  
Other (income) expense
Other (income) expense
 
Year Ended December 31
 
(in millions of U.S. dollars)
2015

 
2014

 
2013

Equity in net (income) loss of partially-owned entities
$
(113
)
 
$
(231
)
 
$
(119
)
(Gains) losses from fair value changes in separate account assets
19

 
(2
)
 
(16
)
Federal excise and capital taxes
19

 
20

 
24

Acquisition-related costs (1)
9

 
15

 
4

Other
15

 
8

 
27

Other (income) expense
$
(51
)
 
$
(190
)
 
$
(80
)


(1) Excludes integration costs related to the Chubb acquisition.

Other (income) expense includes equity in net (income) loss of partially-owned entities which includes our share of net (income) loss related to partially-owned investment companies (private equity) and partially-owned insurance companies. Also included in Other (income) expense are (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. Certain federal excise and capital taxes incurred as a result of capital management initiatives are included in Other (income) expense as these are considered capital transactions and are excluded from underwriting results.

Beginning in 2015, amortization of intangible assets are excluded from Other (income) expense and disclosed separately in the consolidated statements of operations. Prior year amounts have been reclassified to conform to the current year presentation.