Aetna 2014 Annual Report Download - page 81

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Annual Report- Page 75
Consolidated Statements of Comprehensive Income
For the Years Ended December 31,
(Millions) 2014 2013 2012
Net income including non-controlling interests $ 2,045.2 $ 1,911.9 $ 1,659.8
Other comprehensive income (loss), net of tax:
Previously impaired debt securities: (1)
Net unrealized gains (losses)
($1.4, $(72.6), and $3.7 pretax) .9 (47.2) 2.4
Less: reclassification of gains (losses) to earnings
($.3, $(37.1), and $5.1 pretax) .2 (24.1) 3.3
Total previously impaired debt securities (1) .7 (23.1) (.9)
All other securities:
Net unrealized gains (losses)
($364.5, $(803.2), and $468.3 pretax) 236.9 (522.1) 304.4
Less: reclassification of (losses) gains to earnings
($(6.6), $(36.5), and $113.8 pretax) (4.3) (23.7) 74.4
Total all other securities 241.2 (498.4) 230.0
Foreign currency and derivatives:
Net unrealized (losses) gains
($(90.2), $40.6, and $1.4 pretax) (58.6) 26.4 .9
Less: reclassification of gains (losses) to earnings
($4.2, $(5.4), and $(5.0) pretax) 2.7 (3.5) (3.3)
Total foreign currency and derivatives (61.3) 29.9 4.2
Pension and other postretirement employee benefit (“OPEB”) plans:
Unrealized net actuarial (losses) gains arising during the period
($(739.4), $869.3, and $(189.8) pretax) (480.6) 565.1 (123.4)
Pension settlement charge (2)
($(111.6) pretax) 72.5 — —
Amortization of net actuarial losses
($(47.6), $(77.7), and $(74.7) pretax) 31.0 50.5 48.6
Amortization of prior service credit
($4.0, $4.1, and $4.1 pretax) (2.7) (2.7) (2.7)
Total pension and OPEB plans (379.8) 612.9 (77.5)
Other comprehensive (loss) income (199.2) 121.3 155.8
Comprehensive income including non-controlling interests 1,846.0 2,033.2 1,815.6
Less: Comprehensive income (loss) attributable to non-controlling interests 4.4 (1.7) 1.9
Comprehensive income attributable to Aetna $ 1,841.6 $ 2,034.9 $ 1,813.7
(1) Represents unrealized (losses) gains on the non-credit related component of impaired debt securities that we do not intend to sell and
subsequent changes in the fair value of any previously impaired debt security.
(2) During 2014, we recorded a non-cash pension settlement charge of $72.5 million ($111.6 million pretax) in connection with our tax-
qualified noncontributory defined benefit pension plan (the “Aetna Pension Plan”). We did not record any non-cash pension settlement
charges during 2013 or 2012. Refer to Note 11 beginning on page 109 for additional information on the pension settlement charge.
Refer to accompanying Notes to Consolidated Financial Statements.