Accumulated Other Comprehensive Income (Loss)

3 Months Ended

Mar. 31, 2012

Accumulated Other Comprehensive Income (Loss) [Abstract]

Accumulated Other Comprehensive Income (Loss)

9.     Accumulated Other Comprehensive Income (Loss)

Accumulated other comprehensive income (loss) (“AOCI”) includes certain items that are reported directly within a separate component of shareholders’ equity. The following table presents changes in accumulated other comprehensive income balances.

Three Months Ended March 31,	2012			2011
	(in millions)
Unrealized gains (losses) on cash flow hedging instruments:
Balance at beginning of period	$	(494	)	$	(575	)
Other comprehensive income for period:
Net gains arising during period, net of tax of $29 million and $31 million, respectively		50			53
Reclassification adjustment for losses realized in net income, net of tax of $3 million and $7 million, respectively		5			12
Total other comprehensive income for period		55			65
Balance at end of period		(439	)		(510	)
Unrealized gains (losses) on securities available-for-sale, not other-than temporarily impaired:
Balance at beginning of period	$	102		$	78
Other comprehensive income for period:
Net unrealized holding losses arising during period, net of tax of $(5) million and $(5) million, respectively		(8	)		(9	)
Reclassification adjustment for (gains) losses realized in net income, net of tax of $- million and $(1) million, respectively		(1	)		(2	)
Total other comprehensive income for period		(9	)		(11	)
Balance at end of period		93			67
Unrealized gains (losses) on other-than-temporarily impaired debt securities available-for-sale:
Balance at beginning of period	$	-		$	(4	)
Other comprehensive income for period:
Other-than-temporary impairment on debt securities available-for-sale recognized in other comprehensive income, net of tax of $- million and $- million, respectively		-			-
Reclassification adjustment for (gains) losses realized in net income, net of tax of $- million and $- million, respectively		-			-
Total other comprehensive loss for period		-			-
Balance at end of period		-			(4	)
Pension and postretirement benefit plan liability:
Balance at beginning of period		(11	)		-
Other comprehensive income for period:
Pension and postretirement benefit plan adjustment, net of tax of $- million and $- million, respectively		-			-
Total other comprehensive income for period		-			-
Balance at end of period		(11	)		-
Foreign currency translation adjustments:
Balance at beginning of period		7			10
Other comprehensive loss for period:
Translation gains (losses), net of tax of $1 million and $1 million, respectively		5			5
Total other comprehensive income for period		5			5
Balance at end of period		12			15
Total accumulated other comprehensive loss at end of period	$	(345	)	$	(432	)