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Comprehensive Income
 12 Months Ended
Dec. 31, 2011
Comprehensive Income (Loss) [Abstract]  
Comprehensive Income [Text Block]

Note 27: Comprehensive Income

 

The components of total comprehensive income were as follows:

(In Millions)2011 2010 2009
Net income$ 12,942 $ 11,464 $ 4,369
Other comprehensive income (loss)  (1,114)   (60)   786
Total comprehensive income$ 11,828 $ 11,404 $ 5,155

The components of other comprehensive income (loss) and related tax effects were as follows:

  2011 2010 2009
  Before   Net of  Before   Net of  Before   Net of
(In Millions)Tax Tax Tax Tax Tax Tax Tax Tax Tax
Change in unrealized holding                          
 gain (loss) on investments$ 35 $ (13) $ 22 $ 311 $ (111) $ 200 $ 578 $ (210) $ 368
Less: adjustment for (gain) loss on                           
 investments included in net income  (299)   107   (192)   (94)   34   (60)   50   (18)   32
Change in deferred tax asset                          
 valuation allowance  —   —   —   —   72   72   —   152   152
Less: adjustment for (gain) loss on                          
 deferred tax asset valuation                          
 allowance included in net income  —   (99)   (99)   —   (15)   (15)   —   (6)   (6)
Change in unrealized holding                          
 gain (loss) on derivatives  20   (16)   4   73   (23)   50   75   (4)   71
Less: adjustment for amortization                          
 of (gain) loss on derivatives  (161)   38   (123)   (80)   17   (63)   22   (1)   21
Change in prior service costs  —   —   —   (67)   24   (43)   21   (7)   14
Less: adjustment for amortization                          
 of prior service costs  7   (3)   4   7   (3)   4   (1)   —   (1)
Change in actuarial loss  (900)   284   (616)   (300)   81   (219)   132   (15)   117
Less: adjustment for amortization                          
 of actuarial loss  43   (15)   28   22   (8)   14   26   (8)   18
Change in net foreign currency                          
 translation adjustment  (155)   13   (142)   —   —   —   —   —   —
Total other comprehensive income                          
 (loss)$ (1,410) $ 296 $ (1,114) $ (128) $ 68 $ (60) $ 903 $ (117) $ 786

The change in deferred tax asset valuation allowance in the preceding table is related to the reversal of a portion of our deferred tax asset valuation allowance attributed to changes in unrealized holding gains on our available-for-sale investments. The amount is reduced and included in our provision for taxes as these investments are sold or mature.

 

The components of accumulated other comprehensive income (loss), net of tax, were as follows:

(In Millions)2011 2010
Accumulated net unrealized holding gain (loss) on available-for-sale investments$ 231 $ 401
Accumulated net deferred tax asset valuation allowance  104   203
Accumulated net unrealized holding gain on derivatives  8   127
Accumulated net prior service costs  (32)   (36)
Accumulated net actuarial losses  (950)   (362)
Accumulated net foreign currency translation adjustment  (142)   —
Total accumulated other comprehensive income (loss)$ (781) $ 333

The estimated net prior service cost and actuarial loss for the defined benefit plan that will be amortized from accumulated other comprehensive income (loss) into net periodic benefit cost during 2012 are $5 million and $91 million, respectively.