Travelers 2012 Annual Report Download - page 172
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THE TRAVELERS COMPANIES, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
(in millions)
For the year ended December 31, 2012 2011 2010
Net income ................................................ $2,473 $1,426 $3,216
Other comprehensive income:
Changes in net unrealized gains on investment securities:
Having no credit losses recognized in the consolidated statement of
income ................................................ 281 1,570 (118)
Having credit losses recognized in the consolidated statement of income . . 81 4 123
Net changes in benefit plan assets and obligations .................... (69) (307) 39
Net changes in unrealized foreign currency translation and other changes . . . 43 (90) 12
Other comprehensive income before income taxes ................ 336 1,177 56
Income tax expense .......................................... 105 427 20
Other comprehensive income, net of taxes ...................... 231 750 36
Comprehensive income .................................... $2,704 $2,176 $3,252
The accompanying notes are an integral part of the consolidated financial statements.
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