Travelers 2012 Annual Report Download - page 228
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THE TRAVELERS COMPANIES, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
10. OTHER COMPREHENSIVE INCOME AND ACCUMULATED OTHER COMPREHENSIVE
INCOME
The following table presents the changes in the Company’s accumulated other comprehensive
income (AOCI) for the years ended December 31, 2012, 2011 and 2010.
Changes in Net Changes in Net
Unrealized Gains on Unrealized Gains on
Investment Investment Net Benefit Plan
Securities Having Securities Having Assets and
No Credit Losses Credit Losses Obligations Net Unrealized Total Accumulated
Recognized in the Recognized in the Recognized in Foreign Currency Other
Consolidated Consolidated Shareholders’ Translation and Comprehensive
(in millions) Statement of Income Statement of Income Equity Other Income
Balance, December 31,
2009 ............ $1,796 $ 60 $(637) $ — $1,219
Other comprehensive
income (OCI) before
reclassifications .... 130 74 (13) 6 197
Amounts reclassified
from AOCI ....... (207) 6 40 — (161)
Net OCI, current
period ......... (77) 80 27 6 36
Balance, December 31,
2010 ............ 1,719 140 (610) 6 1,255
OCI before
reclassifications .... 1,091 (8) (251) (61) 771
Amounts reclassified
from AOCI ....... (81) 10 50 — (21)
Net OCI, current
period ......... 1,010 2 (201) (61) 750
Balance, December 31,
2011 ............ 2,729 142 (811) (55) 2,005
OCI before
reclassifications .... 228 48 (104) 45 217
Amounts reclassified
from AOCI ....... (49) 5 58 — 14
Net OCI, current
period ......... 179 53 (46) 45 231
Balance, December 31,
2012 ............ $2,908 $195 $(857) $(10) $2,236
216