AIG 2013 Annual Report Download - page 319

The following table presents a rollforward of Accumulated other comprehensive income:
Balance, January 1, 2011 $ (634) $ 9,855 $ 553 $ (34) $ (869) $ 8,871
Change in unrealized appreciation of
investments 55 5,463 – – – 5,518
Change in deferred policy acquisition
costs adjustment and other 11 (641) – – – (630)
Change in future policy benefits*– (2,302) – – – (2,302)
Change in foreign currency translation
adjustments – – (97) – – (97)
Change in net derivative gains arising
from cash flow hedging activities – – – 51 – 51
Net actuarial loss – – – – (752) (752)
Prior service credit – – – – 387 387
Change attributable to divestitures and
deconsolidations 23 (3,643) (1,681) – 260 (5,041)
Deferred tax asset (liability) (163) (362) 786 (34) 35 262
Total other comprehensive income (loss) (74) (1,485) (992) 17 (70) (2,604)
Acquisition of noncontrolling interests – 45 66 – (18) 93
Noncontrolling interests 3 (160) 36 – – (121)
Balance, December 31, 2011 $ (711) $ 8,575 $ (409) $ (17) $ (957) $ 6,481
Change in unrealized appreciation of
investments 2,306 8,404 – – – 10,710
Change in deferred policy acquisition
costs adjustment and other (49) (840) – – – (889)
Change in future policy benefits (85) (432) – – – (517)
Change in foreign currency translation
adjustments – – (33) – – (33)
Change in net derivative gains arising
from cash flow hedging activities – – – 33 – 33
Net actuarial loss – – – – (273) (273)
Prior service credit – – – – (46) (46)
Deferred tax asset (liability) (886) (2,252) 33 (16) 232 (2,889)
Total other comprehensive income (loss) 1,286 4,880 – 17 (87) 6,096
Noncontrolling interests – 9 (6) – – 3
Balance, December 31, 2012
Change in unrealized appreciation
(depreciation) of investments
Change in deferred policy acquisition
costs adjustment and other
Change in future policy benefits
Change in foreign currency translation
adjustments
Net actuarial gain
Prior service cost
Deferred tax asset (liability)
Total other comprehensive income (loss)
Noncontrolling interests
Balance, December 31, 2013
* The adjustment to policyholder benefit reserves assumes that the unrealized appreciation on available for sale securities is actually realized and
that the proceeds are reinvested at lower yields.
Accumulated Other Comprehensive Income
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AIG 2013 Form 10-K 301
ITEM 8 / NOTE 16. EQUITY
Unrealized Appreciation
(Depreciation) of Fixed Net Derivative
Maturity Investments Unrealized Gains (Losses) Change in
on Which Other-Than- Appreciation Foreign Arising from Retirement
Temporary Credit (Depreciation) Currency Cash Flow Plan
Impairments of All Other Translation Hedging Liabilities
(in millions) Were Recognized Investments Adjustments Activities Adjustment Total
$ 575 $ 13,446 $ (403) $ – $ (1,044) $ 12,574
464 (14,069) – – – (13,605)
(127) 1,000 – – – 873
79 2,658 – – – 2,737
– – (454) – – (454)
– – – – 1,012 1,012
– – – – (51) (51)
(55) 3,738 (102) – (330) 3,251
361 (6,673) (556) – 631 (6,237)
– (16) (7) – – (23)
$ 936 $ 6,789 $ (952) $ – $ (413) $ 6,360
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