Other Comprehensive Income (Tables)

6 Months Ended

Jun. 30, 2013

Other comprehensive (loss) income on a pre-tax and after-tax basis

($ 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	$	(1,559)	$	545	$	(1,014)	$	320	$	(112)	$	208
Less: reclassification adjustment of realized capital gains and losses		369		(129)		240		19		(7)		12
Unrealized net capital gains and losses		(1,928)		674		(1,254)		301		(105)		196

Unrecognized pension and other postretirement benefit cost arising during the period		7		(2)		5		(8)		4		(4)
Less: reclassification adjustment of net periodic cost recognized in operating costs and expenses		(64)		23		(41)		(43)		15		(28)
Unrecognized pension and other postretirement benefit cost		71		(25)		46		35		(11)		24

Unrealized foreign currency translation adjustments		(33)		12		(21)		(11)		4		(7)
Other comprehensive (loss) income	$	(1,890)	$	661		(1,229)	$	325	$	(112)		213
Net income						434						423
Comprehensive (loss) income					$	(795)					$	636

($ in millions)		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	$	(1,361)	$	476	$	(885)	$	1,187	$	(413)	$	774
Less: reclassification adjustment of realized capital gains and losses		458		(160)		298		160		(56)		104
Unrealized net capital gains and losses		(1,819)		636		(1,183)		1,027		(357)		670

Unrecognized pension and other postretirement benefit cost arising during the period		9		(2)		7		(20)		8		(12)
Less: reclassification adjustment of net periodic cost recognized in operating costs and expenses		(130)		46		(84)		(86)		30		(56)
Unrecognized pension and other postretirement benefit cost		139		(48)		91		66		(22)		44

Unrealized foreign currency translation adjustments		(51)		18		(33)		3		(1)		2
Other comprehensive (loss) income	$	(1,731)	$	606		(1,125)	$	1,096	$	(380)		716
Net income						1,143						1,189
Comprehensive income					$	18					$	1,905

- Definition

Tabular disclosure of components of comprehensive income (loss) including, but not limited to: (a) foreign currency translation adjustments; (b) gains (losses) on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (c) gains (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; (d) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (e) unrealized holding gains (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; (f) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (g) the net gain (loss) and net prior service cost or credit for pension plans and other postretirement benefit plans.

+ References+ Details