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Changes in Accumulated Other Comprehensive (Loss) Income (Tables)
12 Months Ended
Dec. 31, 2016
Table Text Block [Abstract]  
Components of comprehensive income (loss), net of tax

AOCI is a balance sheet item in the Shareholders’ Equity section of the Company’s Consolidated Balance Sheets. It is comprised of items that have not been recognized in earnings but may be recognized in earnings in the future when certain events occur. Changes in each component for the three years ended December 31 were as follows:

(Millions), net of tax(a)Net Unrealized Gains (Losses) on Investment SecuritiesForeign Currency Translation AdjustmentsNet Unrealized Pension and Other Postretirement Benefit Gains (Losses)Accumulated Other Comprehensive (Loss) Income
Balances as of December 31, 2013  $63$(1,090)$(399)$(1,426)
Net unrealized gains  104104
Decrease due to amounts reclassified into earnings  (71)5(66)
Net translation loss of investments in foreign operations  (869)(869)
Net gains related to hedges of investments in foreign operations  455455
Pension and other postretirement benefit losses  (117)(117)
Net change in accumulated other comprehensive income (loss)  33(409)(117)(493)
Balances as of December 31, 2014  96(1,499)(516)(1,919)
Net unrealized losses  (37)(37)
Decrease due to amounts reclassified into earnings  (1)(1)(2)
Net translation loss of investments in foreign operations  (1,122)(1,122)
Net gains related to hedges of investments in foreign operations  578578
Pension and other postretirement benefit losses  (32)(32)
Net change in accumulated other comprehensive loss  (38)(545)(32)(615)
Balances as of December 31, 2015  58 (2,044) (548) (2,534)
Net unrealized losses  (45)(45)
Decrease due to amounts reclassified into earnings  (6)4(2)
Net translation loss of investments in foreign operations  (503)(503)
Net gains related to hedges of investment in foreign operations  281281
Pension and other postretirement benefit gains  1919
Net change in accumulated other comprehensive (loss) income  (51)(218)19(250)
Balances as of December 31, 2016  $7$(2,262)$(529)$(2,784)
Accumulated Other Comprehensive Loss Income Tax Effect Disclosure Text Block

The following table shows the tax impact for the three years ended December 31 for the changes in each component of AOCI:

Tax expense (benefit)
(Millions)  201620152014
Investment securities  $(27)$(20)$19
Foreign currency translation adjustments  (15)(124)(64)
Net investment hedges139340273
Pension and other postretirement benefit losses  37(46)
Total tax impact  $134$196$182
Reclassification out of accumulated other comprehensive (loss) income

The following table presents the effects of reclassifications out of AOCI and into the Consolidated Statements of Income for the years ended December 31:

Gains (losses) recognized in earnings
Description (Millions)Income Statement Line Item20162015
Available-for-sale securities
Reclassifications for previously unrealized net gains onOther non-interest revenues$9$1
investment securities
Related income tax expenseIncome tax provision(3)
Reclassification to net income related to available-for-sale securities61
Foreign currency translation adjustments
Reclassification of realized losses on translation adjustments and related netOther expenses (4)1
investment hedges
Related income tax expenseIncome tax provision
Reclassification to net income related to foreign currency translation adjustments(4)1
Total$2$2