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Accumulated Other Comprehensive Income
 9 Months Ended
Sep. 30, 2014
Accumulated Other Comprehensive Income Loss [Abstract]  
Accumulated Other Comprehensive Income
NOTE 17 - ACCUMULATED OTHER COMPREHENSIVE (LOSS)/INCOME
AOCI was calculated as follows:
 
Three Months Ended September 30
 
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

($78
)
 

$19

 

($59
)
 

($432
)
 

$149

 

($283
)
Unrealized losses on AFS securities:
 
 
 
 
 
 
 
 
 
 
 
Unrealized net losses
(67
)
 
24

 
(43
)
 
(18
)
 
7

 
(11
)
Less: Reclassification adjustment for realized net losses
9

 
(3
)
 
6

 
—

 
—

 
—

Unrealized (losses)/gains on cash flow hedges:
 
 
 
 
 
 
 
 
 
 
 
Unrealized net (losses)/gains
(31
)
 
12

 
(19
)
 
60

 
(22
)
 
38

Less: Reclassification adjustment for realized net gains
(99
)
 
36

 
(63
)
 
(101
)
 
37

 
(64
)
Change related to employee benefit plans
2

 
(1
)
 
1

 
7

 
(3
)
 
4

AOCI, ending balance

($264
)
 

$87

 

($177
)
 

($484
)
 

$168

 

($316
)

 
Nine Months Ended September 30
 
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)
379

 
(140
)
 
239

 
(736
)
 
271

 
(465
)
Less: Reclassification adjustment for realized net losses/(gains)
11

 
(4
)
 
7

 
(2
)
 
1

 
(1
)
Unrealized gains on cash flow hedges:
 
 
 
 
 
 
 
 
 
 
 
Unrealized net gains
36

 
(13
)
 
23

 
15

 
(5
)
 
10

Less: Reclassification adjustment for realized net gains
(302
)
 
111

 
(191
)
 
(315
)
 
116

 
(199
)
Change related to employee benefit plans
54

 
(20
)
 
34

 
48

 
(18
)
 
30

AOCI, ending balance

($264
)
 

$87

 

($177
)
 

($484
)
 

$168

 

($316
)


The reclassification from AOCI consisted of the following:
(Dollars in millions)
 
Three Months Ended September 30
 
Nine Months Ended September 30
 
Affected line item in the Consolidated Statements of Income
Details about AOCI components
 
2014
 
2013
 
2014
 
2013
 
Realized losses/(gains) on AFS securities:
 
 
 
 
 
 
 
 
 
 
 
 

$9

 

$—

 

$11

 

($2
)
 
Net securities (losses)/gains
 
 
(3
)
 
—

 
(4
)
 
1

 
Provision/(benefit) for income taxes
 
 

$6

 

$—

 

$7

 

($1
)
 
 
Gains on cash flow hedges:
 
 
 
 
 
 
 
 
 
 

 

($99
)
 

($101
)
 

($302
)
 

($315
)
 
Interest and fees on loans
 
 
36

 
37

 
111

 
116

 
Provision/(benefit) for income taxes
 
 

($63
)
 

($64
)
 

($191
)
 

($199
)
 
 
Change related to employee benefit plans:
 
 
 
 
 
 
 
 
 
 
Amortization of actuarial losses
 

$2

 

$6

 

$8

 

$19

 
Employee benefits
 
 
—

 
1

 
46

 
29

 
Other assets/other liabilities 1
 
 
2

 
7

 
54

 
48

 
 
 
 
(1
)
 
(3
)
 
(20
)
 
(18
)
 
Provision/(benefit) for income taxes
 
 

$1

 

$4

 

$34

 

$30

 
 
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 15, "Employee Benefit Plans" to the Consolidated Financial Statements in the Company's 2013 Annual Report on Form 10-K).