Travelers 2013 Annual Report Download - page 176
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THE TRAVELERS COMPANIES, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
(in millions)
For the year ended December 31, 2013 2012 2011
Net income ............................................... $ 3,673 $2,473 $1,426
Other comprehensive income (loss):
Changes in net unrealized gains on investment securities:
Having no credit losses recognized in the consolidated statement of
income ............................................... (2,734) 281 1,570
Having credit losses recognized in the consolidated statement of income . 381 4
Net changes in benefit plan assets and obligations ................... 647 (69) (307)
Net changes in unrealized foreign currency translation ................ (112) 43 (90)
Other comprehensive income (loss) before income taxes ........... (2,196) 336 1,177
Income tax expense (benefit) .................................. (770) 105 427
Other comprehensive income (loss), net of taxes ................. (1,426) 231 750
Comprehensive income ................................... $ 2,247 $2,704 $2,176
The accompanying notes are an integral part of the consolidated financial statements.
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