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Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2012
Quarterly Financial Data [Abstract]  
Quarterly Financial Data (Unaudited)
Note Q. Quarterly Financial Data (Unaudited)
The following tables set forth unaudited quarterly financial data for the years ended December 31, 2012 and 2011.
Quarterly Financial Data
2012
 
 
 
 
 
 
 
 
 
(In millions, except per share data)
First
 
Second
 
Third
 
Fourth
 
Full Year
Revenues
$
2,401

 
$
2,246

 
$
2,466

 
$
2,434

 
$
9,547

Net income attributable to CNA
$
250

 
$
166

 
$
221

 
$
(9
)
 
$
628

Basic and diluted earnings (loss) per share attributable to CNA common stockholders (a)
$
0.93

 
$
0.62

 
$
0.82

 
$
(0.03
)
 
$
2.33


2011
 
 
 
 
 
 
 
 
 
(In millions, except per share data)
First
 
Second
 
Third
 
Fourth
 
Full Year
Revenues
$
2,315

 
$
2,198

 
$
2,175

 
$
2,261

 
$
8,949

Income (loss) from continuing operations
230

 
129

 
76

 
194

 
629

Income (loss) from discontinued operations, net of income tax (expense) benefit
(1
)
 

 

 

 
(1
)
Net (income) loss attributable to noncontrolling interests
(9
)
 
(5
)
 
(1
)
 
(1
)
 
(16
)
Net income (loss) attributable to CNA
$
220

 
$
124

 
$
75

 
$
193

 
$
612

Basic and Diluted Earnings (Loss) Per Share Attributable to CNA Common Stockholders
 
 
 
 
 
 
 
 
 
Income (loss) from continuing operations attributable to CNA common stockholders
$
0.82

 
$
0.46

 
$
0.28

 
$
0.71

 
$
2.27

Income (loss) from discontinued operations attributable to CNA common stockholders

 

 

 

 

Basic and diluted earnings (loss) per share attributable to CNA common stockholders
$
0.82

 
$
0.46

 
$
0.28

 
$
0.71

 
$
2.27


____________________
(a)
Due to the averaging of shares, quarterly earnings per share do not add to the total for the full year.
During the fourth quarter of 2012, catastrophe impacts incurred, net of reinsurance and including reinstatement premiums, were $280 million related to Storm Sandy.