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ITEM 8 / NOTE 18. NONCONTROLLING INTERESTS.....................................................................................................................................................................................18. NONCONTROLLING INTERESTS..............................................................................................................................................................................................The following table presents a rollforward of non-controlling interests:Year Ended December 31, 2012Balance, beginning of yearRepayment to Department of the TreasuryNet contributions (distributions)Consolidation (deconsolidation)Comprehensive income:Net incomeOther comprehensive income (loss), net of tax:Unrealized gains on investmentsForeign currency translation adjustmentsTotal other comprehensive income (loss), net of taxTotal comprehensive incomeOtherBalance, end of yearRedeemableNoncontrolling interestsNon-redeemableNoncontrolling interestsHeld byHeld byDepartment(in millions) of Treasury Other Total FRBNY Other Total$ 8,427 $ 96 $ 8,523 $ – $ 855 $ 855(8,635) – (8,635) – – –– 36 36 – (87) (87)– 68 68 – (27) (27)208 14 222 – 40 40– 4 4 – 5 5– – – – (6) (6)– 4 4 – (1) (1)208 18 226 – 39 39– 116 116 – (113) (113)$ – $ 334 $ 334 $ – $ 667 $ 667Year Ended December 31, 2011Balance, beginning of year $ – $ 434 $ 434 $ 26,358 $ 1,562 $ 27,920Repurchase of SPV preferred interests in connection withRecapitalization – – – (26,432) – (26,432)Exchange of consideration for preferred stock in connectionwith Recapitalization 20,292 – 20,292 – – –Repayment to Department of the Treasury (12,425) – (12,425) – – –Net distributions – (21) (21) – (8) (8)Deconsolidation – (307) (307) – (123) (123)Acquisition of noncontrolling interest – – – – (489) (489)Comprehensive income (loss):Net income (loss) 560 (8) 552 74 82 156Other comprehensive income (loss), net of tax:Unrealized losses on investments – (2) (2) – (155) (155)Foreign currency translation adjustments – – – – 36 36Total other comprehensive income (loss), net of tax – (2) (2) – (119) (119)Total comprehensive income (loss) 560 (10) 550 74 (37) 37Other – – – – (50) (50)Balance, end of year $ 8,427 $ 96 $ 8,523 $ – $ 855 $ 855Redeemable noncontrolling interest..............................................................................................................................................................................................Nonvoting, callable, junior preferred interests held by the Department of Treasury represented preferredinterests in the AIA SPV and ALICO SPV. In connection with the execution of our orderly asset disposition plan, aswell as the repayment of the FRBNY Credit Facility, we transferred two of our wholly owned businesses, AIA andALICO, to two newly created SPVs in exchange for all the common and preferred interests (the SPV PreferredInterests) of those SPVs. On December 1, 2009, AIG transferred the SPV Preferred Interests to the FRBNY inconsideration for a $25 billion reduction of the outstanding loan balance and of the maximum amount of creditavailable under the FRBNY Credit Facility and amended the terms of the FRBNY Credit Facility. As part of theclosing of the Recapitalization, the remaining SPV Preferred Interests, with an aggregate liquidation preference ofapproximately $20.3 billion at January 14, 2011, were purchased from the FRBNY by AIG and transferred to theDepartment of the Treasury as part of the consideration for the exchange of Series F Preferred Stock. Under the..................................................................................................................................................................................................................................310 AIG 2012 Form 10-K