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Shareholders' Equity
3 Months Ended
Mar. 31, 2012
Stockholders' Equity Note [Abstract]  
Shareholders' Equity
Shareholders’ Equity
In March 2012, our Board of Directors approved a new program authorizing the purchase by us of up to $1.8 billion of our common stock through March 31, 2013. No shares were purchased by us under this program during the three months ended March 31, 2012. In April 2012, we purchased approximately 1.62 million shares of our common stock at an aggregate cost of approximately $74 million. We may employ third-party broker/dealers to acquire shares on the open market in connection with our common stock purchase programs.
The following table presents the after-tax components of accumulated other comprehensive loss as of the dates indicated:
(In millions)
March 31,
2012
 
December 31,
2011
Foreign currency translation
$
146

 
 
Net unrealized losses on hedges of net investments in non-U.S. subsidiaries
(14
)
 
$
(14
)
 
 
 
 
Net unrealized gains on available-for-sale securities portfolio
260

 
110

Net unrealized losses related to reclassified available-for-sale securities
(167
)
 
(189
)
Net unrealized gains (losses) on available-for-sale securities
93

 
(79
)
 
 
 
 
Net unrealized losses on available-for-sale securities designated in fair value hedges
(178
)
 
(210
)
Other-than-temporary impairment on available-for-sale securities related to factors other than credit
(13
)
 
(17
)
Other-than-temporary impairment on held-to-maturity securities related to factors other than credit
(83
)
 
(86
)
Net unrealized losses on cash flow hedges
(4
)
 
(5
)
Minimum pension liability
(246
)
 
(248
)
Total
$
(299
)
 
$
(659
)

For the three months ended March 31, 2012, we realized net gains of $19 million from sales of available-for-sale securities. Unrealized pre-tax gains of $22 million were included in other comprehensive income, or OCI, as of December 31, 2011, net of deferred taxes of $9 million, related to these sales.
For the three months ended March 31, 2011, we realized net gains of $4 million from sales of available-for-sale securities. Unrealized pre-tax gains of $47 million were included in OCI as of December 31, 2010, net of deferred taxes of $19 million, related to these sales.