XML 187 R15.htm IDEA: XBRL DOCUMENT v2.4.0.8
Accumulated Other Comprehensive Income (Loss)
6 Months Ended
Jun. 30, 2013
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income
      Changes in each component of accumulated other comprehensive income (loss) were as follows (dollars in millions):
 
Gain (Loss) on Available-for-Sale Investment Securities,
Net of Tax
 
Gain (Loss) on Cash Flow Hedges,
Net of Tax
 
Pension and Post Retirement Plan Gain (Loss),
Net of Tax
 
Accumulated Other Comprehensive Income (Loss)
Balance at March 31, 2012
$
52

 
$
5

 
$
(115
)
 
$
(58
)
Net unrealized gains on investment securities, net of tax expense of $9 (1)
15

 

 

 
15

Balance at June 30, 2012
$
67

 
$
5

 
$
(115
)
 
$
(43
)
 
 
 
 
 
 
 
 
Balance at March 31, 2013
$
60

 
$
2

 
$
(146
)
 
$
(84
)
Other comprehensive income before
reclassifications (1)(2)(3)(4)
(31
)
 
10

 

 
(21
)
Amounts reclassified from accumulated other comprehensive income (5)

 
(2
)
 

 
(2
)
Balance at June 30, 2013
$
29

 
$
10

 
$
(146
)
 
$
(107
)
 
 
 
 
 
 
 
 
Balance at December 31, 2011
$
60

 
$
7

 
$
(116
)
 
$
(49
)
Net unrealized gains on investment securities, net of tax expense of $5 (1)
7

 

 

 
7

Unrealized losses on cash flow hedges, net of tax benefit of $1 (2)

 
(2
)
 

 
(2
)
Unrealized pension and postretirement plan gain, net of tax expense (3)

 

 
1

 
1

Balance at June 30, 2012
$
67

 
$
5

 
$
(115
)
 
$
(43
)
 
 
 
 
 
 
 
 
Balance at December 31, 2012
$
71

 
$
3

 
$
(146
)
 
$
(72
)
Other comprehensive income before
reclassifications (1)(2)(3)(4)
(41
)
 
10

 

 
(31
)
Amounts reclassified from accumulated other comprehensive income (5)
(1
)
 
(3
)
 

 
(4
)
Balance at June 30, 2013
$
29

 
$
10

 
$
(146
)
 
$
(107
)
 
 
 
 
 
 
 
 
(1)
Represents the difference between the fair value and amortized cost of available-for-sale investment securities.
(2)
Represents unrealized gains (losses) related to effective portion of cash flow hedges.
(3)
Reflects adjustments to the funded status of pension and postretirement plans, which is the difference between the fair value of the plan assets and the projected benefit obligation.
(4)
Unrealized losses on available-for-sale investments are net of tax benefit of $19 million and $24 million for the three and six months ended June 30, 2013, respectively. Unrealized gains on cash flow hedges are net of tax expense of $6 million for each of the three and six months ended June 30, 2013.
(5)
Amounts reclassified out of accumulated other comprehensive income for the three months ended June 30, 2013 did not result in material tax expense. Amounts reclassified out of accumulated other comprehensive income for the six months ended June 30, 2013 include unrealized gains of $1 million (net of tax expense of $1 million) on the sale of available-for-sale investments and unrealized gains of $3 million (net of tax expense of $1 million) on cash flow hedges recorded in other income and interest income, respectively, in the condensed consolidated statement of income.