AIG 2015 Annual Report Download - page 313

ITEM 8 / NOTE 16. EQUITY
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313
Noncontrolling interests -(1) (5) -(6)
Balance, December 31, 2015, net of tax $696 $5,566 $(2,879) $ (846) $2,537
The following table presents the other comprehensive income (loss) reclassification adjustments for the years ended
December 31, 2015, 2014 and 2013:
Unrealized Appreciation
(Depreciation) of Fixed
Maturity Securities Unrealized
on Which Other-Than- Appreciation Foreign Retirement
Temporary Credit (Depreciation) Currency Plan
Impairments Were of All Other Translation Liabilities
(in millions) Recognized Investments Adjustments Adjustment Total
December 31, 2013
Unrealized change arising during period $ 507 $(9,556) $(454) $ 851 $(8,652)
Less: Reclassification adjustments
included in net income 91 855 - (110) 836
Total other comprehensive income (loss),
before income tax expense (benefit) 416 (10,411) (454) 961 (9,488)
Less: Income tax expense (benefit) 55 (3,738) 102 330 (3,251)
Total other comprehensive income (loss),
net of income tax expense (benefit) $ 361 $(6,673) $(556) $ 631 $(6,237)
December 31, 2014
Unrealized change arising during period $ 119 $6,488 $(833) $ (866) $4,908
Less: Reclassification adjustments
included in net income 28 532 - (2) 558
Total other comprehensive income (loss),
before income tax expense (benefit) 91 5,956 (833)
(864) 4,350
Less: Income tax expense (benefit) (16) 418 (1)
(308) 93
Total other comprehensive income (loss),
net of income tax expense (benefit) $ 107 $5,538 $(832) $ (556) $4,257
December 31, 2015
Unrealized change arising during period $ (471) $(7,068) $(1,129) $ 285 $(8,383)
Less: Reclassification adjustments
included in net income 71 1,074 - 111 1,256
Total other comprehensive income (loss),
before income tax expense (benefit) (542) (8,142) (1,129) 174 (9,639)
Less: Income tax expense (benefit) (195) (1,380) (29) 51 (1,553)
Total other comprehensive income (loss),
net of income tax expense (benefit) $ (347) $(6,762) $(1,100) $ 123 $(8,086)
The following table presents the effect of the reclassification of significant items out of Accumulated other
comprehensive income on the respective line items in the Consolidated Statements of Income:
Amount Reclassified
from Accumulated Other
Years Ended December 31, Comprehensive Income Affected Line Item in the
(in millions) 2015 2014 2013 Consolidated Statements of Income
Unrealized appreciation (depreciation) of fixed
maturity securities on which other-than-temporary
credit impairments were recognized
Investments $71 $28 $91 Other realized capital gains