OTHER COMPREHENSIVE INCOME

3 Months Ended

Mar. 31, 2021

The following table presents changes in AOCI, net of tax, by component:

TABLE 14.1


(in millions)	Unrealized Net Gains (Losses) on Debt Securities Available for Sale		Unrealized Net Gains (Losses) on Derivative Instruments		Unrecognized Pension and Postretirement Obligations		Total
Three Months Ended March 31, 2021
Balance at beginning of period	$	65	$	(40)	$	(64)	$	(39)
Other comprehensive (loss) income before reclassifications	(21)		4		1		(16)
Amounts reclassified from AOCI	—		4		—		4
Net current period other comprehensive (loss) income	(21)		8		1		(12)
Balance at end of period	$	44	$	(32)	$	(63)	$	(51)

The amounts reclassified from AOCI related to debt securities AFS are included in net securities gains on the Consolidated Statements of Income, while the amounts reclassified from AOCI related to derivative instruments in cash flow hedge programs are generally included in interest income on loans and leases on the Consolidated Statements of Income.

The tax (benefit) expense amounts reclassified from AOCI in connection with the debt securities AFS and derivative instruments reclassifications are included in income taxes on the Consolidated Statements of Income.