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Accumulated Other Comprehensive Income
 12 Months Ended
Dec. 31, 2020
Text Block [Abstract]  
Accumulated Other Comprehensive Income
Note 18: Accumulated Other Comprehensive Income
The following table presents the changes in the components of AOCI for the years ended December 31, 2020, 2019 and 2018:
 
In millions
  
Unrealized
    Gains (Losses)    
on AFS
Securities, Net
 
  
Foreign
    Currency    
Translation, Net
 
  
Instrument-Specific

Credit Risk of
Liabilities Measured
at Fair Value, Net
 
  
Total
 
Balance, January 1, 2018
  
$
(10)
 
  
$
(9)
 
  
$
—
 
  
$
(19)
 
ASU
2016-01
transition adjustment
  
 
(2)
 
  
 
—
 
  
 
(162)
 
  
 
(164)
 
ASU
2018-02
transition adjustment
  
 
(3)
 
  
 
—
 
  
 
—
 
  
 
(3)
 
Net period other comprehensive income (loss)
  
 
(24)
 
  
 
2
 
  
 
52
 
  
 
30
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Balance, December 31, 2018
  
$
(39)
 
  
$
(7)
 
  
$
(110)
 
  
$
(156)
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Other comprehensive income (loss) before reclassifications
  
 
139
 
  
 
—
 
  
 
(25)
 
  
 
114
 
Amounts reclassified from AOCI
  
 
12
 
  
 
—
 
  
 
28
 
  
 
40
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Net period other comprehensive income (loss)
  
 
151
 
  
 
—
 
  
 
3
 
  
 
154
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Balance, December 31, 2019
  
$
112
 
  
$
(7)
 
  
$
(107)
 
  
$
(2)
 
Other comprehensive income (loss) before reclassifications
  
 
83
 
  
 
(3)
 
  
 
50
 
  
 
130
 
Amounts reclassified from AOCI
  
 
(19)
 
  
 
—
 
  
 
6
 
  
 
(13)
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Net period other comprehensive income (loss)
  
 
64
 
  
 
(3)
 
  
 
56
 
  
 
117
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Balance, December 31, 2020
  
$
176
 
  
$
(10)
 
  
$
(51)
 
  
$
115
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
The following table presents the details of the reclassifications from AOCI for the years ended December 31, 2020, 2019 and 2018:
 
In millions
  
Amounts Reclassified from AOCI
Years Ended December 31,
 
  
 
Details about AOCI Components
  
2020
 
  
2019
 
  
2018
 
  
Affected Line Item on the Consolidated
Statements of Operations
Unrealized gains (losses) on AFS securities:
  
      
  
      
  
      
  
  
Realized gain (loss) on sale of securities
  
$
19
 
  
$
14
 
  
$
6
 
  
Net gains (losses) on financial instruments at fair value and foreign exchange
Credit losses
  
 
—
 
  
 
(25)
 
  
 
(5)
 
  
Net investment losses related to OTTI
Amortization on securities
  
 
—
 
  
 
(1)
 
  
 
(1)
 
  
Net investment income
 
  
 
 
 
  
 
 
 
  
 
 
 
  
  
 
  
 
19
 
  
 
(12)
 
  
 
—
 
  
Income (loss) before income taxes
 
  
 
 
 
  
 
 
 
  
 
 
 
  
  
 
  
 
19
 
  
 
(12)
 
  
 
—
 
  
Net income (loss)
Instrument-specific credit risk of liabilities:
  
      
  
      
  
      
  
  
Settlement of liabilities
  
 
(6)
 
  
 
(28)
 
  
 
—
 
  
Net gains (losses) on financial instruments at fair value and foreign exchange
 
  
 
 
 
  
 
 
 
  
 
 
 
  
  
Total reclassifications for the period
  
$
13
 
  
$
(40)
 
  
$
—
 
  
Net income (loss)