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Accumulated Other Comprehensive Income (Loss)
 6 Months Ended
Jun. 30, 2018
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
The following tables summarize the components of accumulated other comprehensive income (loss) (AOCI) at June 30, 2018 and 2017, and changes during the three- and six-month periods then ended.
Table 54: Summary of Changes in Accumulated Other Comprehensive Income (Loss)
(In Millions)
Balance at June 30, 2018
 
Net Change
 
Reclassification of Certain Tax Effects from AOCI
 
Balance at December 31, 2017
Net Unrealized Gains (Losses) on Debt Securities Available for Sale*
$
(167.5
)
 
$
(74.9
)
 
$
(17.8
)
 
$
(74.8
)
Net Unrealized Gains (Losses) on Cash Flow Hedges
(1.8
)
 
(7.2
)
 
0.9

 
4.5

Net Foreign Currency Adjustments
46.2

 
0.5

 
47.5

 
(1.8
)
Net Pension and Other Postretirement Benefit Adjustments
(385.0
)
 
13.1

 
(55.9
)
 
(342.2
)
Total
$
(508.1
)
 
$
(68.5
)
 
$
(25.3
)
 
$
(414.3
)
(In Millions)
Balance at June 30, 2017
 
Net Change
 
Balance at December 31, 2016
Net Unrealized Gains (Losses) on Debt Securities Available for Sale
$
(11.5
)
 
$
20.9

 
$
(32.4
)
Net Unrealized Gains (Losses) on Cash Flow Hedges
3.1

 
(3.0
)
 
6.1

Net Foreign Currency Adjustments
(11.6
)
 
6.9

 
(18.5
)
Net Pension and Other Postretirement Benefit Adjustments
(318.9
)
 
6.3

 
(325.2
)
Total
$
(338.9
)
 
$
31.1

 
$
(370.0
)

* Includes net unrealized gains on debt securities transferred from available for sale to held to maturity during the year ended December 31, 2017.
Table 55: Details of Changes in Accumulated Other Comprehensive Income (Loss)
 
Three Months Ended June 30,
 
2018
 
2017
(In Millions)
Before Tax
 
Tax Effect
 
After Tax
 
Before Tax
 
Tax Effect
 
After Tax
Unrealized Gains (Losses) on Debt Securities Available for Sale
 
 
 
 
 
 
 
 
 
 
 
Unrealized Gains (Losses) on Debt Securities Available for Sale
$
(26.4
)
 
$
6.5

 
$
(19.9
)
 
$
2.1

 
$
(0.8
)
 
$
1.3

Reclassification Adjustment for (Gains) Losses Included in Net Income
—

 
—

 
—

 
0.4

 
(0.2
)
 
0.2

Net Change
$
(26.4
)
 
$
6.5

 
$
(19.9
)
 
$
2.5

 
$
(1.0
)
 
$
1.5

Unrealized Gains (Losses) on Cash Flow Hedges
 
 
 
 
 
 
 
 
 
 
 
Foreign Exchange Contracts
$
12.2

 
$
(3.1
)
 
$
9.1

 
$
7.3

 
$
(2.5
)
 
$
4.8

Interest Rate Contracts
0.1

 
—

 
0.1

 
1.6

 
(0.6
)
 
1.0

Reclassification Adjustment for (Gains) Losses Included in Net Income
(17.0
)
 
4.3

 
(12.7
)
 
(5.4
)
 
1.9

 
(3.5
)
Net Change
$
(4.7
)
 
$
1.2

 
$
(3.5
)
 
$
3.5

 
$
(1.2
)
 
$
2.3

Foreign Currency Adjustments
 
 
 
 
 
 
 
 
 
 
 
Foreign Currency Translation Adjustments
$
(105.5
)
 
$
2.3

 
$
(103.2
)
 
$
66.8

 
$
1.2

 
$
68.0

Long-Term Intra-Entity Foreign Currency Transaction Gains (Losses)
(1.9
)
 
0.6

 
(1.3
)
 
0.4

 
(0.1
)
 
0.3

Net Investment Hedge Gains (Losses)
157.7

 
(39.6
)
 
118.1

 
(102.0
)
 
38.6

 
(63.4
)
Net Change
$
50.3

 
$
(36.7
)
 
$
13.6

 
$
(34.8
)
 
$
39.7

 
$
4.9

Pension and Other Postretirement Benefit Adjustments
 
 
 
 
 
 
 
 
 
 
 
Reclassification Adjustment for (Gains) Losses Included in Net Income
9.5

 
(2.1
)
 
7.4

 
6.7

 
(2.4
)
 
4.3

Net Change
$
9.5

 
$
(2.1
)
 
$
7.4

 
$
6.7

 
$
(2.4
)
 
$
4.3

 
Six Months Ended June 30,
 
2018
 
2017
(In Millions)
Before Tax
 
Tax Effect
 
After Tax
 
Before Tax
 
Tax Effect
 
After Tax
Unrealized Gains (Losses) on Securities Available for Sale
 
 
 
 
 
 
 
 
 
 
 
Unrealized Gains (Losses) on Securities Available for Sale
$
(101.8
)
 
$
26.9

 
$
(74.9
)
 
$
33.0

 
$
(12.5
)
 
$
20.5

Reclassification Adjustment for (Gains) Losses Included in Net Income
—

 
—

 
—

 
0.6

 
(0.2
)
 
0.4

Net Change
$
(101.8
)
 
$
26.9

 
$
(74.9
)
 
$
33.6

 
$
(12.7
)
 
$
20.9

Unrealized Gains (Losses) on Cash Flow Hedges
 
 
 
 
 
 
 
 
 
 
 
Foreign Exchange Contracts
$
25.2

 
$
(6.2
)
 
$
19.0

 
$
16.2

 
$
(13.5
)
 
$
2.7

Interest Rate Contracts
(1.3
)
 
0.3

 
(1.0
)
 
1.3

 
(0.5
)
 
0.8

Reclassification Adjustment for (Gains) Losses Included in Net Income
(33.6
)
 
8.4

 
(25.2
)
 
(10.5
)
 
4.0

 
(6.5
)
Net Change
$
(9.7
)
 
$
2.5

 
$
(7.2
)
 
$
7.0

 
$
(10.0
)
 
$
(3.0
)
Foreign Currency Adjustments
 
 
 
 
 
 
 
 
 
 
 
Foreign Currency Translation Adjustments
$
(60.9
)
 
$
(0.5
)
 
$
(61.4
)
 
$
89.2

 
$
(0.3
)
 
$
88.9

Long-Term Intra-Entity Foreign Currency Transaction Gains (Losses)
(0.7
)
 
0.3

 
(0.4
)
 
0.4

 
(0.1
)
 
0.3

Net Investment Hedge Gains (Losses)
83.4

 
(21.1
)
 
62.3

 
(132.4
)
 
50.1

 
(82.3
)
Net Change
$
21.8

 
$
(21.3
)
 
$
0.5

 
$
(42.8
)
 
$
49.7

 
$
6.9

Pension and Other Postretirement Benefit Adjustments
 
 
 
 
 
 
 
 
 
 
 
Net Actuarial Gain (Loss)
$
10.1

 
$
(2.5
)
 
$
7.6

 
$
(2.3
)
 
$
—

 
$
(2.3
)
Reclassification Adjustment for (Gains) Losses Included in Net Income
18.6

 
(13.1
)
 
5.5

 
13.1

 
(4.5
)
 
8.6

Net Change
$
28.7

 
$
(15.6
)
 
$
13.1

 
$
10.8

 
$
(4.5
)
 
$
6.3


The following table provides the location and before-tax amounts of reclassifications out of AOCI during the three and six months ended June 30, 2018.
Table 56: Reclassification Adjustment out of Accumulated Other Comprehensive Income
(In Millions)
Location of
Reclassification Adjustments Recognized
in Income
Amount of Reclassification
Adjustments Recognized
in Income
Three Months Ended
 
Six Months Ended
June 30, 2018
Debt Securities Available for Sale
 
 
 
 
Realized (Gains) Losses on Debt Securities Available for Sale
Investment Security Gains (Losses), net
$
—

 
$
—

Realized (Gains) Losses on Cash Flow Hedges
 
 
 
 
Foreign Exchange Contracts
Other Operating Income
$
(1.1
)
 
$
(3.5
)
 
Interest Income
(16.0
)
 
(30.2
)
 
Other Operating Expense
—

 
—

Interest Rate Contracts
Interest Income
0.1

 
0.1

Total Realized Gains on Cash Flow Hedges
 
$
(17.0
)
 
$
(33.6
)
Pension and Other Postretirement Benefit Adjustments
 
 
 
 
Amortization of Net Actuarial Loss
Employee Benefits
$
9.5

 
$
18.7

Amortization of Prior Service Cost
Employee Benefits
—

 
(0.1
)
Gross Reclassification Adjustment
 
$
9.5

 
$
18.6



(In Millions)
Location of
Reclassification Adjustments Recognized
in Income
Amount of Reclassification
Adjustments Recognized
in Income
Three Months Ended
 
Six Months Ended
June 30, 2017
Debt Securities Available for Sale
 
 
 
 
Realized (Gains) Losses on Debt Securities Available for Sale
Investment Security Gains (Losses), net
$
0.4

 
$
0.6

Realized (Gains) Losses on Cash Flow Hedges
 
 
 
 
Foreign Exchange Contracts
Other Operating Income
$
(1.8
)
 
$
(2.5
)
 
Interest Income
(3.5
)
 
(7.9
)
 
Other Operating Expense
—

 
0.1

Interest Rate Contracts
Interest Income
(0.1
)
 
(0.2
)
Total Realized Gains on Cash Flow Hedges
 
$
(5.4
)
 
$
(10.5
)
Pension and Other Postretirement Benefit Adjustments
 
 
 
 
Amortization of Net Actuarial Loss
Employee Benefits
$
6.5

 
$
13.0

Amortization of Prior Service Cost
Employee Benefits
0.2

 
0.1

Gross Reclassification Adjustment
 
$
6.7

 
$
13.1