Travelers 2015 Annual Report Download - page 164
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THE TRAVELERS COMPANIES, INC. AND SUBSIDIARIES
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
(in millions)
For the year ended December 31, 2015 2014 2013
Net income ............................................... $ 3,439 $3,692 $ 3,673
Other comprehensive income (loss):
Changes in net unrealized gains on investment securities:
Having no credit losses recognized in the consolidated statement of
income .............................................. (1,020) 976 (2,734)
Having credit losses recognized in the consolidated statement of income (14) 23
Net changes in benefit plan assets and obligations .................. 66 (494) 647
Net changes in unrealized foreign currency translation ............... (461) (289) (112)
Other comprehensive income (loss) before income taxes ........... (1,429) 195 (2,196)
Income tax expense (benefit) .................................. (392) 125 (770)
Other comprehensive income (loss), net of taxes ................ (1,037) 70 (1,426)
Comprehensive income ................................... $ 2,402 $3,762 $ 2,247
The accompanying notes are an integral part of the consolidated financial statements.
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