Accumulated Other Comprehensive Income

3 Months Ended

Mar. 31, 2015

Accumulated Other Comprehensive Income Loss [Abstract]

Accumulated Other Comprehensive Income

NOTE 17 - ACCUMULATED OTHER COMPREHENSIVE (LOSS)/INCOME

Components of AOCI, net of tax, were calculated as follows:

(Dollars in millions)	Securities AFS			Derivative Instruments			Employee Benefit Plans			Total
Balance, December 31, 2013		($77	)		$279			($491	)		($289	)
Net unrealized gains arising during the period	107			14			—			121
Amounts reclassified from AOCI	1			(64		)	31			(32		)
Other comprehensive income/(loss), net of tax	108			(50		)	31			89
Balance, March 31, 2014		$31			$229			($460	)		($200	)
Balance, December 31, 2014		$298			$97			($517	)		($122	)
Net unrealized gains arising during the period	86			78			—			164
Amounts reclassified from AOCI	—			(34		)	(73		)	(107		)
Other comprehensive income/(loss), net of tax	86			44			(73		)	57
Balance, March 31, 2015		$384			$141			($590	)		($65	)

Reclassifications from AOCI, and the related tax effects, were as follows:

(Dollars in millions)	Three Months Ended March 31						Affected Line Item in the Statement Where Net Income is Presented
Details about AOCI Components	2015			2014
Securities AFS:
Realized losses on securities AFS		$—			$1		Net securities losses
	—			—			Provision for income taxes
		$—			$1
Derivative instruments:
Gains on cash flow hedges		($54	)		($102	)	Interest and fees on loans
	20			38			Provision for income taxes
		($34	)		($64	)
Employee benefit plans:
Amortization of actuarial loss		$5			$3		Employee benefits
Amortization of prior service credit	(1		)	—			Employee benefits
	(120		)	46			Other assets/other liabilities 1
	(116		)	49
	43			(18		)	Provision for income taxes
		($73	)		$31

¹ Component is an adjustment to the funded status of the employee benefit obligation. For additional information, see Note 15, "Employee Benefit Plans," to the Company's 2014 Annual Report on Form 10-K.