Travelers 2012 Annual Report Download - page 260

THE TRAVELERS COMPANIES, INC. AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
18. CONSOLIDATING FINANCIAL STATEMENTS OF THE TRAVELERS COMPANIES, INC. AND
SUBSIDIARIES (Continued)
CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (Unaudited)
For the year ended December 31, 2010
Other
(in millions) TPC Subsidiaries Travelers(1) Eliminations Consolidated
Net income ........................ $2,464 $1,033 $3,216 $(3,497) $3,216
Other comprehensive income:
Changes in net unrealized gains on
investment securities:
Having no credit losses recognized in the
consolidated statement of income .... (77) (42) 1 — (118)
Having credit losses recognized in the
consolidated statement of income .... 85 38 — — 123
Net changes in benefit plan assets and
obligations ....................... 3 3 33 — 39
Net changes in unrealized foreign currency
translation and other changes ......... 4 8 — — 12
Other comprehensive income before
income taxes and other
comprehensive income of
subsidiaries .................. 15 7 34 — 56
Income tax expense .................. — 9 11 — 20
Other comprehensive income (loss),
net of taxes, before other
comprehensive income of
subsidiaries .................. 15 (2) 23 — 36
Other comprehensive income of subsidiaries — — 13 (13) —
Other comprehensive income (loss) . . . 15 (2) 36 (13) 36
Comprehensive income ............ $2,479 $1,031 $3,252 $(3,510) $3,252
(1) The Travelers Companies, Inc., excluding its subsidiaries.
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