(In millions of dollars) | Unrealized Investment Gains | Pension/Post-Retirement Plans Gains (Losses) | Foreign Currency Translation Adjustments | Total | |||||||||||
Balance as of January 1, 2013 | $ | 4 | $ | (3,451 | ) | $ | 140 | $ | (3,307 | ) | |||||
Other comprehensive income (loss) before reclassifications | 1 | 574 | (84 | ) | 491 | ||||||||||
Amounts reclassified from accumulated other comprehensive income | — | 195 | — | 195 | |||||||||||
Net current period other comprehensive income (loss) | 1 | 769 | (84 | ) | 686 | ||||||||||
Balance as of December 31, 2013 | $ | 5 | $ | (2,682 | ) | $ | 56 | $ | (2,621 | ) | |||||
For the year ended December 31, | 2013 | ||||||||
(In millions of dollars) | Pre-Tax | Tax (Credit) | Net of Tax | ||||||
Foreign currency translation adjustments | $ | (86 | ) | $ | (2 | ) | $ | (84 | ) |
Unrealized investment gains (losses) | 1 | — | 1 | ||||||
Pension/post-retirement plans: | |||||||||
Amortization of losses (gains) included in net periodic pension cost: | |||||||||
Prior service gains | (22 | ) | (8 | ) | (14 | ) | |||
Net actuarial losses | 317 | 108 | 209 | ||||||
Subtotal | 295 | 100 | 195 | ||||||
Net gains arising during period | 898 | 339 | 559 | ||||||
Foreign currency translation adjustments | 27 | 8 | 19 | ||||||
Other adjustments | (7 | ) | (3 | ) | (4 | ) | |||
Pension/post-retirement plans gains | 1,213 | 444 | 769 | ||||||
Other comprehensive income | $ | 1,128 | $ | 442 | $ | 686 | |||
For the year ended December 31, | 2012 | ||||||||
(In millions of dollars) | Pre-Tax | Tax (Credit) | Net of Tax | ||||||
Foreign currency translation adjustments | $ | 177 | $ | (5 | ) | $ | 182 | ||
Unrealized investment losses | (1 | ) | 1 | (2 | ) | ||||
Pension/post-retirement plans: | |||||||||
Amortization of losses (gains) included in net periodic pension cost: | |||||||||
Prior service gains | (31 | ) | (12 | ) | (19 | ) | |||
Net actuarial losses | 270 | 90 | 180 | ||||||
Subtotal | 239 | 78 | 161 | ||||||
Net loss arising during period | (648 | ) | (217 | ) | (431 | ) | |||
Foreign currency translation adjustments | (113 | ) | (26 | ) | (87 | ) | |||
Other adjustments | 75 | 17 | 58 | ||||||
Pension/post-retirement plans losses | (447 | ) | (148 | ) | (299 | ) | |||
Other comprehensive loss | $ | (271 | ) | $ | (152 | ) | $ | (119 | ) |
For the year ended December 31, | 2011 | ||||||||
(In millions of dollars) | Pre-Tax | Tax (Credit) | Net of Tax | ||||||
Foreign currency translation adjustments | $ | (100 | ) | $ | 4 | $ | (104 | ) | |
Unrealized investment losses | (9 | ) | (4 | ) | (5 | ) | |||
Pension/post-retirement plans: | |||||||||
Amortization of losses (gains) included in net periodic pension cost: | |||||||||
Prior service gains | (32 | ) | (13 | ) | (19 | ) | |||
Net actuarial losses | 213 | 68 | 145 | ||||||
Subtotal | 181 | 55 | 126 | ||||||
Net loss arising during period | (1,289 | ) | (388 | ) | (901 | ) | |||
Foreign currency translation adjustments | (14 | ) | (3 | ) | (11 | ) | |||
Other adjustments | 8 | 1 | 7 | ||||||
Pension/post-retirement plans losses | (1,114 | ) | (335 | ) | (779 | ) | |||
Other comprehensive loss | $ | (1,223 | ) | $ | (335 | ) | $ | (888 | ) |
(In millions of dollars) | December 31, 2013 | December 31, 2012 | |||||
Foreign currency translation adjustments (net of deferred tax liability of $7 and $9 in 2013 and 2012, respectively) | $ | 56 | $ | 140 | |||
Net unrealized investment gains (net of deferred tax liability of $2 in 2013 and 2012, respectively) | 5 | 4 | |||||
Net charges related to pension / post-retirement plans (net of deferred tax asset of $1,213 and $1,657 in 2013 and 2012, respectively) | (2,682 | ) | (3,451 | ) | |||
$ | (2,621 | ) | $ | (3,307 | ) | ||