2009-04-10_REPORT - M1980244 ‎(3)‎

• Permit No: M1980244
• IBM Index Class Name: REPORT
• Doc Date: 4/10/2009
• Doc Name: Annual Fee/Report/Map
• From: CC&V
• To: DRMS
• Permit Index Doc Type: Annual Fee/Report
• Email Name: BMK
• Media Type: D
• Archive: No

Liberty Mutual Holding Company Inc.
Consolidated Statements of Changes in Policyholders' Equity
(dollars in millions)
(unaudited)
Accumulated
Other
Unassigned Comprehensive Policyholders'
Equity Income (Loss) Equity
Balance, January 1, 2006 $ 8,466 $ 392 $ 8,858
Comprehensive income
Net income 1,626 - 1,626
Other comprehensive income, net of taxes:
Unrealized gains on securities - 211 211
Less: reclassification adjustment for gains -
and losses included in net income (223) (223)
Minimum pension liability adjustment 312 312
Foreign currency translation and other adjustments 111 111
Other comprehensive income, net of taxes - 411 411
Total comprehensive income 2,037
Balance, December 31, 2006 $ 10,092 $ 803 $ 10,895
Ad' t nt for ado tion of FIN 48 (Nnrr 11 11 11
)us me p
Comprehensive income
Net income 1,518 - 1,518
Other comprehensive income, net of taxes:
Unrealized gains on securities - 213 213
Less: reclassification adjustment for gains
and losses included in net income (283) (283)
Minimum pension liability adjustment 23 23
Foreign currency translation and other adjustments 277 277
Other comprehensive income, net of taxes - 230 230
Total comprehensive income 1,748
Adjustment for adoption of FAS 158 (Note 1) (288) (288)
Balance, December 31, 2007 $ 11,621 $ 745 $ 12,366
Adjustment for adoption of EITF 06-4 (Note 1) (41) (41)
Comprehensive loss
Net income 1,140 - 1,140
Other comprehensive loss, net of taxes:
Unrealized losses on securities - (2,246) (2,246)
Less: reclassification adjustment for gains
and losses included in net income 215 215
Change in pension and post retirement plans funded status (869) (869)
Foreign currency translation and other adjustments (405) (405)
Other comprehensive loss, net of taxes - (3,305) (3,305)
Total comprehensive loss (2,165)
Balance, December 31, 2008 $ 12,720 $ (2,560) $ 10,160
See accompanying notes to the unaudited consolidated financial statements