159 / 188
(In millions)
2015
Details about Accumulated Other
Comprehensive Income Components
Amount Reclassified
from Accumulated Other
Comprehensive Income
Affected Line Item in the
Statements of Earnings
Unrealized gains (losses) on available-for-sale
securities
$ 214
Sales and redemptions
(153)
Other-than-temporary impairment
losses realized
61
Total before tax
(21)
Tax (expense) or benefit
(1)
$ 40
Net of tax
Amortization of defined benefit pension items:
Actuarial gains (losses)
$ (17)
Acquisition and operating expenses
(2)
Prior service (cost) credit
17
Acquisition and operating expenses
(2)
0
Tax (expense) or benefit
(1)
$ 0
Net of tax
Total reclassifications for the period
$ 40
Net of tax
(1)
Based on 35% tax rate
(2)
These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note
14 for additional details).
(In millions)
2014
Details about Accumulated Other
Comprehensive Income Components
Amount Reclassified
from Accumulated Other
Comprehensive Income
Affected Line Item in the
Statements of Earnings
Unrealized gains (losses) on available-for-sale
securities
$ 57
Sales and redemptions
(3)
Other-than-temporary impairment
losses realized
54
Total before tax
(19)
Tax (expense) or benefit
(1)
$ 35
Net of tax
Amortization of defined benefit pension items:
Actuarial gains (losses)
$ (15)
Acquisition and operating expenses
(2)
Prior service (cost) credit
17
Acquisition and operating expenses
(2)
(1)
Tax (expense) or benefit
(1)
$ 1
Net of tax
Total reclassifications for the period
$ 36
Net of tax
(1)
Based on 35% tax rate
(2)
These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note
14 for additional details).
152
12. SHARE-BASED COMPENSATION
As of December 31, 2016, the Company has outstanding share-based awards under two long-term incentive
compensation plans.
The first plan, which expired in February 2007, is a stock option plan which allowed grants for incentive stock options
(ISOs) to employees and non-qualifying stock options (NQSOs) to employees and non-employee directors. The options
have a term of 10 years. The exercise price of options granted under this plan is equal to the fair market value of a share
of the Company's common stock at the date of grant. Options granted before the plan's expiration date remain
outstanding in accordance with their terms.
The second long-term incentive compensation plan allows awards to Company employees for ISOs, NQSOs,
restricted stock, restricted stock units, and stock appreciation rights. Non-employee directors are eligible for grants of