|
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
|
Jun. 30, 2012
|
Jun. 30, 2011
|
Jun. 30, 2012
|
Jun. 30, 2011
|
|
| Net income | $ 356 | $ 460 | $ 604 | $ 775 |
| Other comprehensive income: | ||||
| Gross unrealized investment gain | 31 | 127 | 52 | 113 |
| Effect of income taxes | (11) | (46) | (19) | (41) |
| Total unrealized investment gain, net of tax | 20 | 81 | 33 | 72 |
| Reclassification adjustment for net realized gains included in net income | (10) | (1) | (14) | (5) |
| Effect of income taxes | 4 | 1 | 5 | 2 |
| Total reclassification adjustment, net of tax | (6) | 0 | (9) | (3) |
| Other comprehensive income, net of tax | 14 | 81 | 24 | 69 |
| Comprehensive income | $ 370 | $ 541 | $ 628 | $ 844 |