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Other Comprehensive Income (Loss) | 9 Months Ended
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Sep. 30, 2017
Equity [Abstract] |
Other Comprehensive Income (Loss) | Other Comprehensive Income (Loss) The changes, net of tax, in the balances of each component of Accumulated Other Comprehensive Income ("AOCI") for the three and nine-month periods ended September 30, 2017 and 2016, including amounts reclassified out of AOCI, are as follows:
(In millions) | Unrealized Investment Gains (Losses) |  | Pension/Post-Retirement Plans Gains (Losses) |  | Foreign Currency Translation Gains (Losses) |  | Total Gains (Losses)
Balance as of July 1, 2017 | $ | 30 |  |  | $ | (3,215 | ) |  | $ | (1,356 | ) |  | $ | (4,541 | )
Other comprehensive (loss) income before reclassifications | (5 | ) |  | (173 | ) |  | 126 |  |  | (52 | )
Amounts reclassified from accumulated other comprehensive income | — |  |  | 33 |  |  | — |  |  | 33 |
Net current period other comprehensive (loss) income | (5 | ) |  | (140 | ) |  | 126 |  |  | (19 | )
Balance as of September 30, 2017 | $ | 25 |  |  | $ | (3,355 | ) |  | $ | (1,230 | ) |  | $ | (4,560 | )
(In millions) | Unrealized Investment Gains |  | Pension/Post-Retirement Plans Gains (Losses) |  | Foreign Currency Translation Gains (Losses) |  | Total Gains (Losses)
Balance as of July 1, 2016 | $ | 6 |  |  | $ | (2,885 | ) |  | $ | (1,422 | ) |  | $ | (4,301 | )
Other comprehensive income (loss) before reclassifications | 1 |  |  | 36 |  |  | (54 | ) |  | (17 | )
Amounts reclassified from accumulated other comprehensive income | — |  |  | 29 |  |  | — |  |  | 29 |
Net current period other comprehensive income (loss) | 1 |  |  | 65 |  |  | (54 | ) |  | 12 |
Balance as of September 30, 2016 | $ | 7 |  |  | $ | (2,820 | ) |  | $ | (1,476 | ) |  | $ | (4,289 | )
(In millions) | Unrealized Investment Gains |  | Pension/Post-Retirement Plans Gains (Losses) |  | Foreign Currency Translation Gains (Losses) |  | Total Gains (Losses)
Balance as of January 1, 2017 | $ | 19 |  |  | $ | (3,232 | ) |  | $ | (1,880 | ) |  | $ | (5,093 | )
Other comprehensive income (loss) before reclassifications | 6 |  |  | (219 | ) |  | 650 |  |  | 437 |
Amounts reclassified from accumulated other comprehensive income | — |  |  | 96 |  |  | — |  |  | 96 |
Net current period other comprehensive income (loss) | 6 |  |  | (123 | ) |  | 650 |  |  | 533 |
Balance as of September 30, 2017 | $ | 25 |  |  | $ | (3,355 | ) |  | $ | (1,230 | ) |  | $ | (4,560 | )
(In millions) | Unrealized Investment Gains |  | Pension/Post-Retirement Plans Gains (Losses) |  | Foreign Currency Translation Gains (Losses) |  | Total Gains (Losses)
Balance as of January 1, 2016 | $ | 6 |  |  | $ | (3,124 | ) |  | $ | (1,102 | ) |  | $ | (4,220 | )
Other comprehensive income (loss) before reclassifications | 1 |  |  | 214 |  |  | (374 | ) |  | (159 | )
Amounts reclassified from accumulated other comprehensive income | — |  |  | 90 |  |  | — |  |  | 90 |
Net current period other comprehensive income (loss) | 1 |  |  | 304 |  |  | (374 | ) |  | (69 | )
Balance as of September 30, 2016 | $ | 7 |  |  | $ | (2,820 | ) |  | $ | (1,476 | ) |  | $ | (4,289 | )
The components of other comprehensive income (loss) for the three and nine-month periods ended September 30, 2017 and 2016 are as follows:
Three Months Ended September 30, |  | 2017 |  | 2016
(In millions) |  | Pre-Tax | Tax (Credit) | Net of Tax |  | Pre-Tax | Tax | Net of Tax
Foreign currency translation adjustments |  | $ | 127 |  | $ | 1 |  | $ | 126 |  |  | $ | (52 | ) | $ | 2 |  | $ | (54 | )
Unrealized investment (losses) gains |  | (8 | ) | (3 | ) | (5 | ) |  | 1 |  | — |  | 1 |
Pension/post-retirement plans: |  |  |  |  |  |  |  |
Amortization of losses included in net periodic pension cost: |  |  |  |  |  |  |  |  |
Prior service cost (a) |  | — |  | — |  | — |  |  | 1 |  | 1 |  | — |
Net actuarial losses (a) |  | 43 |  | 10 |  | 33 |  |  | 41 |  | 12 |  | 29 |
Subtotal |  | 43 |  | 10 |  | 33 |  |  | 42 |  | 13 |  | 29 |
Effect of remeasurement |  | 3 |  | — |  | 3 |  |  | — |  | — |  | — |
Effect of settlement |  | 1 |  | — |  | 1 |  |  | — |  | — |  | — |
Foreign currency translation (losses) gains |  | (215 | ) | (38 | ) | (177 | ) |  | 40 |  | 4 |  | 36 |
Pension/post-retirement plans (losses) gains |  | (168 | ) | (28 | ) | (140 | ) |  | 82 |  | 17 |  | 65 |
Other comprehensive (loss) income |  | $ | (49 | ) | $ | (30 | ) | $ | (19 | ) |  | $ | 31 |  | $ | 19 |  | $ | 12 |
(a) Components of net periodic pension cost are included in compensation and benefits in the consolidated statements of income. Income tax credits on prior service cost and net actuarial losses are included in income tax expense.
Nine Months Ended September 30, | 2017 |  | 2016
(In millions) | Pre-Tax | Tax (Credit) | Net of Tax |  | Pre-Tax | Tax | Net of Tax
Foreign currency translation adjustments | $ | 652 |  | $ | 2 |  | $ | 650 |  |  | $ | (373 | ) | $ | 1 |  | $ | (374 | )
Unrealized investment gains | 11 |  | 5 |  | 6 |  |  | 1 |  | — |  | 1 |
Pension/post-retirement plans: |  |  |  |  |  |  |
Amortization of losses included in net periodic pension cost: |  |  |  |  |  |  |  |
Prior service cost (a) | — |  | — |  | — |  |  | 2 |  | 1 |  | 1 |
Net actuarial losses (a) | 125 |  | 29 |  | 96 |  |  | 125 |  | 36 |  | 89 |
Subtotal | 125 |  | 29 |  | 96 |  |  | 127 |  | 37 |  | 90 |
Effect of remeasurement | 12 |  | 3 |  | 9 |  |  | (1 | ) | — |  | (1 | )
Effect of curtailment | (1 | ) | — |  | (1 | ) |  | 3 |  | 1 |  | 2 |
Effect of settlement | 2 |  | — |  | 2 |  |  | 1 |  | — |  | 1 |
Foreign currency translation (losses) gains | (277 | ) | (49 | ) | (228 | ) |  | 253 |  | 41 |  | 212 |
Other | (1 | ) | — |  | (1 | ) |  | — |  | — |  | — |
Pension/post-retirement plans (losses) gains | (140 | ) | (17 | ) | (123 | ) |  | 383 |  | 79 |  | 304 |
Other comprehensive income (loss) | $ | 523 |  | $ | (10 | ) | $ | 533 |  |  | $ | 11 |  | $ | 80 |  | $ | (69 | )
(a) Components of net periodic pension cost are included in compensation and benefits in the consolidated statements of income. Tax on prior service cost and net actuarial losses is included in income tax expense.

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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI http://asc.fasb.org/topic&trid=2134417 + Details
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- References No definition available. + Details
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