GE 2015 Annual Report Download - page 206

FINANCIAL STATEMENTS 6+$5(2:1(56¶ EQUITY
178 GE 2015 FORM 10-K
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
(In millions) 2015 2014 2013
Investment securities
Balance at January 1 $ 1,013 $ 307 $ 677
Other comprehensive income (loss) (OCI) before reclassifications ±
net of deferred taxes of $(270), $352 and $(408)(a) (486) 562 (692)
Reclassifications from OCI ± net of deferred taxes
of $(36), $85 and $223 (67) 146 318
Other comprehensive income (loss)(b) (553) 708 (374)
Less OCI attributable to noncontrolling interests (1) 2 (4)
Balance at December 31 $ 460 $ 1,013 $ 307
Currency translation adjustments (CTA)
Balance at January 1(c) $ (2,428) $ 283 $ 413
OCI before reclassifications ± net of deferred taxes (4,932) (2,600) 510
of $1,348, $(129) and $(613)
Reclassifications from OCI ± net of deferred taxes
of $(1,489), $213 and $793 1,794 (129) (818)
Other comprehensive income (loss)(b) (3,137) (2,730) (308)
Less OCI attributable to noncontrolling interests (66) (19) (22)
Balance at December 31 $ (5,499) $ (2,428) $ 126
Cash flow hedges
Balance at January 1(c) $ (180) $ (414) $ (722)
OCI before reclassifications ± net of deferred taxes (732) (609) 737
of $(21), $22 and $251
Reclassifications from OCI ± net of deferred taxes
of $86, $34 and $(176) 831 844 (271)
Other comprehensive income (loss)(b) 99 234 466
Less OCI attributable to noncontrolling interests - - 2
Balance at December 31 $ (80) $ (180) $ (257)
Benefit plans
Balance at January 1 $ (16,578) $ (9,296) $ (20,597)
Prior service credit (costs) - net of deferred taxes
of $859, $219 and $(5) 1,541 396 (6)
Net actuarial gain (loss) ± net of deferred taxes
of $647, $(5,332) and $4,506 1,227 (9,849) 8,269
Net curtailment/settlement - net of deferred taxes
of $(42), $41 and $0 (76) 72 -
Prior service cost amortization ± net of deferred taxes
of $103, $241 and $267 100 349 397
Net actuarial loss amortization ± net of deferred taxes
of $1,199, $859 and $1,343 2,373 1,753 2,640
Other comprehensive income (loss)(b) 5,165 (7,278) 11,300
Less OCI attributable to noncontrolling interests (3) 3 (1)
Balance at December 31 $ (11,410) $ (16,578) $ (9,296)
A
ccumulated other comprehensive income (loss) at December 31 $ (16,529) $ (18,172) $ (9,119)
(a) Included adjustments of $(611) million, $960 million and $(1,171) million in 2015, 2014 and 2013, respectively, to deferred acquisition costs,
present value of future profits, and investment contracts, insurance liabilities and insurance annuity benefits in our run-off insurance operations
to reflect the effects that would have been recognized had the related unrealized investment securities holding gains and losses actually been
realized.
(b) Total other comprehensive income (loss) was $1,575 million, $(9,066) million and $11,084 million in 2015, 2014 and 2013, respectively.
(c) Included a $157 million reclassification between 2014 opening balances in Currency Translation Adjustments and Cash Flow Hedges.
178 GE 2015 FORM 10-K