Accumulated Other Comprehensive Income

12 Months Ended

Dec. 31, 2015

Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

22. Accumulated other comprehensive income

The table below presents the activity of the components of OCI and AOCI for the years ended December 31:
			Total Other			Total Accumulated Other
			Comprehensive Income			Comprehensive Income
			Pretax	Tax	Net	Beginning	Net	Ending
($ in millions)			Activity	Effect	Activity	Balance	Activity	Balance
2015
Unrealized holding losses on available-for-sale securities arising
	during the year	$	(349)	122	(227)
Reclassification adjustment for net gains on available-for-sale
	securities included in net income		(16)	6	(10)
Net unrealized gains on available-for-sale securities			(365)	128	(237)	475	(237)	238
Unrealized holding gains on cash flow hedge derivatives arising
	during the year		74	(26)	48
Reclassification adjustment for net gains on cash flow hedge
	derivatives included in net income		(75)	26	(49)
Net unrealized gains on cash flow hedge derivatives			(1)	0	(1)	23	(1)	22
Net actuarial loss arising during the year			(9)	4	(5)
Reclassification of amounts to net periodic benefit costs			17	(6)	11
Defined benefit pension plans, net			8	(2)	6	(69)	6	(63)
Total		$	(358)	126	(232)	429	(232)	197

2014
Unrealized holding gains on available-for-sale securities arising
	during the year	$	580	(202)	378
Reclassification adjustment for net gains on available-for-sale
	securities included in net income		(37)	13	(24)
Net unrealized gains on available-for-sale securities			543	(189)	354	121	354	475
Unrealized holding gains on cash flow hedge derivatives arising
	during the year		60	(21)	39
Reclassification adjustment for net gains on cash flow hedge
	derivatives included in net income		(44)	15	(29)
Net unrealized gains on cash flow hedge derivatives			16	(6)	10	13	10	23
Net actuarial loss arising during the year			(37)	12	(25)
Reclassification of amounts to net periodic benefit costs			12	(4)	8
Defined benefit pension plans, net			(25)	8	(17)	(52)	(17)	(69)
Total		$	534	(187)	347	82	347	429

2013
Unrealized holding losses on available-for-sale securities arising
	during the year	$	(454)	159	(295)
Reclassification adjustment for net losses on available-for-sale
	securities included in net income		6	(2)	4
Net unrealized gains on available-for-sale securities			(448)	157	(291)	412	(291)	121
Unrealized holding losses on cash flow hedge derivatives arising
	during the year		(13)	5	(8)
Reclassification adjustment for net gains on cash flow hedge
	derivatives included in net income		(44)	15	(29)
Net unrealized gains on cash flow hedge derivatives			(57)	20	(37)	50	(37)	13
Net actuarial gain arising during the year			38	(13)	25
Reclassification of amounts to net periodic benefit costs			16	(6)	10
Defined benefit pension plans, net			54	(19)	35	(87)	35	(52)
Total		$	(451)	158	(293)	375	(293)	82

The table below presents reclassifications out of AOCI for the years ended December 31:
		Consolidated Statements of
Components of AOCI: ($ in millions)		Income Caption		2015	2014	2013
Net unrealized gains on available-for-sale securities:(b)
	Net gains (losses) included in net income	Securities gains, net	$	16	37	(6)
		Income before income taxes		16	37	(6)
		Applicable income tax expense		(6)	(13)	2
		Net income		10	24	(4)
Net unrealized gains on cash flow hedge derivatives:(b)
	Interest rate contracts related to C&I loans	Interest and fees on loans and leases		75	44	45
	Interest rate contracts related to long-term debt	Interest on long-term debt		-	-	(1)
		Income before income taxes		75	44	44
		Applicable income tax expense		(26)	(15)	(15)
		Net income		49	29	29
Net periodic benefit costs:(b)
	Amortization of net actuarial loss	Employee benefits expense(a)		(10)	(7)	(11)
	Settlements	Employee benefits expense(a)		(7)	(5)	(5)
		Income before income taxes		(17)	(12)	(16)
		Applicable income tax expense		6	4	6
		Net income		(11)	(8)	(10)
Total reclassifications for the period		Net income	$	48	45	15

• This AOCI component is included in the computation of net periodic benefit cost. Refer to Note 21for information on the computation of net periodic benefit cost.
• Amounts in parentheses indicate reductions to net income.