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Accumulated Other Comprehensive Income
3 Months Ended
Mar. 31, 2014
Accumulated Other Comprehensive Income Loss [Abstract]  
Accumulated Other Comprehensive Income
NOTE 16 - ACCUMULATED OTHER COMPREHENSIVE (LOSS)/INCOME
AOCI was calculated as follows:
 
Three Months Ended March 31
 
2014
 
2013
(Dollars in millions)
Pre-tax
Amount
 
Income Tax
(Expense)/
Benefit
 
After-tax
Amount
 
Pre-tax Amount
 
Income Tax (Expense)/Benefit
 
After-tax Amount
AOCI, beginning balance

($442
)
 

$153

 

($289
)
 

$506

 

($197
)
 

$309

Unrealized gains/(losses) on AFS securities:
 
 
 
 
 
 
 
 
 
 
 
Unrealized net gains/(losses)
170

 
(63
)
 
107

 
(113
)
 
41

 
(72
)
Less: Reclassification adjustment for realized net losses/(gains)
1

 

 
1

 
(2
)
 
1

 
(1
)
Unrealized gains on cash flow hedges:
 
 
 
 
 
 
 
 
 
 
 
Unrealized net gains
23

 
(9
)
 
14

 
1

 
(1
)
 

Less: Reclassification adjustment for realized net gains
(102
)
 
38

 
(64
)
 
(114
)
 
43

 
(71
)
Change related to employee benefit plans
49

 
(18
)
 
31

 
32

 
(12
)
 
20

AOCI, ending balance

($301
)
 

$101

 

($200
)
 

$310

 

($125
)
 

$185



The reclassification from AOCI consisted of the following:
 
 
 
 
 
 
 
 
 
 
 
 
(Dollars in millions)
 
Three Months Ended March 31
 
Affected line item in the Consolidated Statements of Income
Details about AOCI components
 
2014
 
2013
 
Realized losses/(gains) on AFS securities:
 
 
 
 
 
 
 
 

$1

 

($2
)
 
Net securities (losses)/gains
 
 

 
1

 
Provision for income taxes
 
 

$1

 

($1
)
 

Gains on cash flow hedges:
 
 
 
 
 
 

 

($102
)
 

($114
)
 
Interest and fees on loans
 
 
38

 
43

 
Provision for income taxes
 
 

($64
)
 

($71
)
 

Change related to employee benefit plans:
 
 
 
 
 
 
Amortization of actuarial losses
 

$3

 

$6

 
Employee benefits
 
 
46

 
26

 
Other assets/other liabilities 1
 
 
49

 
32

 

 
 
(18
)
 
(12
)
 
Provision for income taxes
 
 

$31

 

$20

 

1 This AOCI component is recognized as an adjustment to the funded status of employee benefit plans in the Company's Consolidated Balance Sheets. (For additional information, see Note 10, "Employee Benefit Plans" to the Consolidated Financial Statements in the Company's 2013 Annual Report on Form 10-K).