Accumulated Other Comprehensive Income (Loss) (Tables)

12 Months Ended

Dec. 31, 2015

Summary of Changes in Accumulated Other Comprehensive Loss

The following table presents changes in accumulated other comprehensive loss balances.



Year Ended December 31,	2015			2014			2013
	(in millions)
Unrealized gains (losses) on cash flow hedging instruments:
Balance at beginning of period	$	(52	)	$	(97	)	$	(358	)
Other comprehensive income for period:
Net gains arising during period, net of tax of $16 million, $20 million and $67 million, respectively	29			38			123
Reclassification adjustment for losses realized in net income, net of tax of $5 million, $4 million and $76 million, respectively⁽¹⁾	8			7			138
Total other comprehensive income for period	37			45			261
Balance at end of period	(15		)	(52		)	(97		)
Unrealized gains (losses) on securities available-for-sale, not other-than temporarily impaired:
Balance at beginning of period	—			—			115
Other comprehensive income (loss) for period:
Reclassification adjustment for losses realized in net income, net of tax of $- million, $- million and $(62) million, respectively⁽²⁾	—			—			(115		)
Total other comprehensive income (loss) for period	—			—			(115		)
Balance at end of period	—			—			—
Unrealized gains (losses) on other-than-temporarily impaired debt securities available-for-sale:
Balance at beginning of period	—			—			1
Other comprehensive income (loss) for period:
Reclassification adjustment for gains realized in net income, net of tax of $- million, $- million and $(1) million, respectively⁽²⁾	—			—			(1		)
Total other comprehensive income (loss) for period	—			—			(1		)
Balance at end of period	—			—			—
Pension and postretirement benefit plan liability:
Balance at beginning of period	(13		)	(11		)	(26		)
Other comprehensive income for period:
Change in unfunded pension and postretirement liability, net of tax of $26 million, $(4) million and $7 million, respectively	43			(3		)	14
Reclassification adjustment for (gains) losses realized in net income, net of tax of $(1) million, $2 million and $1 million, respectively⁽³⁾	(1		)	1			1
Total other comprehensive income (loss) for period	42			(2		)	15
Balance at end of period	29			(13		)	(11		)
Foreign currency translation adjustments:
Balance at beginning of period	—			—			11
Other comprehensive income (loss) for period:
Translation losses, net of tax of $- million, $- million and $(1) million, respectively	—			—			(5		)
Reclassification adjustment for gains realized in net income, net of tax of $- million, $- million and $(9) million, respectively⁽¹⁾	—			—			(6		)
Total other comprehensive income (loss) for period	—			—			(11		)
Balance at end of period	—			—			—
Total accumulated other comprehensive loss at end of period	$	14		$	(65	)	$	(108	)


⁽¹⁾	See the tables below for the components of the amounts reclassified into income and location in our consolidated statement of income (loss).


⁽²⁾	The amounts reclassified during 2013 are included in income (loss) from discontinued operations in our consolidated statement of income (loss).


⁽³⁾	The amounts reclassified during 2015, 2014 and 2013 are included as a component of salaries and employee benefits in our consolidated statement of income (loss).

Reclassification out of Accumulated Other Comprehensive Income [Table Text Block]

The following table provides additional information related to the amounts classified into the consolidated statement of income (loss) out of accumulated other comprehensive loss during 2015, 2014 and 2013.



Details about Accumulated Other Comprehensive Loss Components	Amount Reclassified from Accumulated Other Comprehensive Loss⁽¹⁾			Affected Line Item in the Statement of Income
	(in millions)
Year Ended December 31, 2015:
Unrealized gains (losses) on cash flow hedging instruments:
Interest rate and currency swaps	$	(13	)	Interest expense
Total before tax	(13		)
Tax benefit	(5		)
Net of tax	$	(8	)

Year Ended December 31, 2014:
Unrealized gains (losses) on cash flow hedging instruments:
Interest rate and currency swaps	$	(11	)	Interest expense
Total before tax	(11		)
Tax benefit	(4		)
Net of tax	$	(7	)

Year Ended December 31, 2013:
Unrealized gains (losses) on cash flow hedging instruments:
Interest rate and currency swaps	$	(15	)	Interest expense
Derivative loss recognized on termination of hedge relationship	(199		)	Derivative related income (expense)
Total before tax	(214		)
Tax benefit	(76		)
Net of tax	$	(138	)
Foreign currency translation adjustments:
Sale of Insurance business	$	(24	)	Income (loss) on discontinued operations
Closure of foreign legal entity	9			Other income
Total before tax	(15		)
Tax benefit	(9		)
Net of tax	$	(6	)


⁽¹⁾	Amounts in parenthesis indicate expenses recognized in the consolidated statement of income (loss).