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Accumulated Other Comprehensive Income
 12 Months Ended
Dec. 31, 2018
Accumulated Other Comprehensive Income NOTE 23 - ACCUMULATED OTHER COMPREHENSIVE LOSS
Changes in the components of AOCI, net of tax, are presented in the following table:
(Dollars in millions)
Securities AFS
 
Derivative Instruments
 
Brokered Time Deposits
 
Long-Term Debt
 
Employee Benefit Plans
 
Total
Year Ended December 31, 2018
 
 
 
 
 
 
 
 
 
 
 
Balance, beginning of period

($1
)
 

($244
)
 

($1
)
 

($4
)
 

($570
)
 

($820
)
Cumulative effect adjustment related to ASU adoption 1
30

 
(56
)
 
—

 
(1
)
 
(127
)
 
(154
)
Net unrealized (losses)/gains arising during the period
(385
)
 
(123
)
 
2

 
4

 
(56
)
 
(558
)
Amounts reclassified to net income
(1
)
 
55

 
—

 
—

 
58

 
112

Other comprehensive (loss)/income, net of tax
(386
)
 
(68
)
 
2

 
4

 
2

 
(446
)
Balance, end of period

($357
)
 

($368
)
 

$1

 

($1
)
 

($695
)
 

($1,420
)
 
 
 
 
 
 
 
 
 
 
 
 
Year Ended December 31, 2017
 
 
 
 
 
 
 
 
 
 
 
Balance, beginning of period

($62
)
 

($157
)
 

($1
)
 

($7
)
 

($594
)


($821
)
Net unrealized (losses)/gains arising during the period
(7
)
 
(31
)
 
—

 
3

 
11

 
(24
)
Amounts reclassified to net income
68

 
(56
)
 
—

 
—

 
13

 
25

Other comprehensive income/(loss), net of tax
61

 
(87
)
 
—

 
3

 
24

 
1

Balance, end of period

($1
)
 

($244
)
 

($1
)
 

($4
)
 

($570
)
 

($820
)
 
 
 
 
 
 
 
 
 
 
 
 
Year Ended December 31, 2016
 
 
 
 
 
 
 
 
 
 
 
Balance, beginning of period

$135

 

$87

 

$—

 

$—

 

($682
)
 

($460
)
Cumulative credit risk adjustment 2
—

 
—

 
—

 
(5
)
 
—

 
(5
)
Net unrealized (losses)/gains arising during the period
(194
)
 
(91
)
 
(1
)
 
(2
)
 
76

 
(212
)
Amounts reclassified to net income
(3
)
 
(153
)
 
—

 
—

 
12

 
(144
)
Other comprehensive (loss)/income, net of tax
(197
)
 
(244
)
 
(1
)
 
(2
)
 
88

 
(356
)
Balance, end of period

($62
)
 

($157
)
 

($1
)
 

($7
)
 

($594
)
 

($821
)

1 
Related to the Company's early adoption of ASU 2018-02 beginning January 1, 2018. See Note 1, "Significant Accounting Policies," for additional information.
2 
Related to the Company's early adoption of the ASU 2016-01 provision related to changes in instrument-specific credit risk beginning January 1, 2016. See Note 1, "Significant Accounting Policies," for additional information.
Reclassifications from AOCI to Net income, and the related tax effects, are presented in the following table:
(Dollars in millions)
 
Year Ended December 31
 
Impacted Line Item in the Consolidated Statements of Income
Details About AOCI Components
 
2018
 
2017
 
2016
 
Securities AFS:
 
 
 
 
 
 
 
 
Net realized (gains)/losses on securities AFS
 

($1
)
 

$108

 

($4
)
 
Net securities gains/(losses)
Tax effect
 
—

 
(40
)
 
1

 
Provision for income taxes
 
 
(1
)
 
68

 
(3
)
 
 
Derivative Instruments:
 
 
 
 
 
 
 
 
Net realized losses/(gains) on cash flow hedges
 
72

 
(89
)
 
(244
)
 
Interest and fees on loans held for investment
Tax effect
 
(17
)
 
33

 
91

 
Provision for income taxes
 
 
55

 
(56
)
 
(153
)
 
 
Employee Benefit Plans:
 
 
 
 
 
 
 
 
Amortization of prior service credit
 
(6
)
 
(6
)
 
(6
)
 
Employee benefits
Amortization of actuarial loss
 
22

 
25

 
25

 
Employee benefits
Deferred losses related to NCF Retirement Plan settlement 1
 
60

 
—

 
—

 
Employee benefits
 
 
76

 
19

 
19

 
 
Tax effect
 
(18
)
 
(6
)
 
(7
)
 
Provision for income taxes
 
 
58

 
13

 
12

 
 
 
 
 
 
 
 
 
 
 
Total reclassifications from AOCI to net income
 

$112

 

$25

 

($144
)
 
 

1 
Related to the Company's NCF Retirement Plan settlement in the fourth quarter of 2018. See Note 17, "Employee Benefit Plans," for additional information.