Travelers 2015 Annual Report Download - page 271
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SCHEDULE II
THE TRAVELERS COMPANIES, INC.
(Parent Company Only)
CONDENSED FINANCIAL INFORMATION OF REGISTRANT
(in millions)
CONDENSED STATEMENT OF COMPREHENSIVE INCOME
For the year ended December 31, 2015 2014 2013
Consolidated net income ..................................... $ 3,439 $3,692 $ 3,673
Other comprehensive income (loss)—parent company:
Changes in net unrealized gains on investment securities having no
credit losses recognized in the consolidated statement of income .... (3) 619
Net changes in benefit plan assets and obligations ................. 64 (471) 616
Other comprehensive income (loss) before income taxes and other
comprehensive income (loss) of subsidiaries .................. 61 (465) 635
Income tax expense (benefit) .................................. 21 (163) 222
Other comprehensive income (loss), net of taxes, before other
comprehensive income (loss) of subsidiaries .................. 40 (302) 413
Other comprehensive income (loss) of subsidiaries ............... (1,077) 372 (1,839)
Consolidated other comprehensive income (loss) ................ (1,037) 70 (1,426)
Consolidated comprehensive income ......................... $ 2,402 $3,762 $ 2,247
The condensed financial statements should be read in conjunction with the notes to the condensed
financial information of the registrant, as well as the consolidated financial statements and notes
thereto.
See the accompanying Report of Independent Registered Public Accounting Firm.
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