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Accumulated Other Comprehensive Income (Tables)
9 Months Ended
Sep. 30, 2013
Stockholders' Equity Note [Abstract]  
Accumulated Other Comprehensive Income (Loss)
The following table presents changes in accumulated other comprehensive income balances.
Three Months Ended September 30,
2013
 
2012
 
(in millions)
Unrealized gains (losses) on securities available-for-sale:
 
 
 
Balance at beginning of period
$
257

 
$
1,004

Other comprehensive income (loss) for period:
 
 
 
Net unrealized gains (losses) arising during period, net of tax of $(13) million and $89 million, respectively
(29
)
 
126

Reclassification adjustment for gains realized in net income (loss), net of tax of $(14) million and $(20) million, respectively(1)
(21
)
 
(29
)
Total other comprehensive loss for period
(50
)
 
97

Balance at end of period
207

 
1,101

Unrealized losses on other-than-temporarily impaired debt securities held-to-maturity:
 
 
 
Balance at beginning of period
(67
)
 

Other comprehensive income for period:
 
 
 
Reclassification adjustment related to the accretion of unrealized other-than-temporary impairment, net of tax of $1 million(2)
2

 

Total other comprehensive income for period
2

 

Balance at end of period
(65
)
 

Unrealized gains (losses) on derivatives designated as cash flow hedges:
 
 
 
Balance at beginning of period
(127
)
 
(229
)
Other comprehensive income (loss) for period:
 
 
 
Net gains arising during period, net of tax of $14 million and $5 million, respectively
20

 
9

Reclassification adjustment for losses realized in net income (loss), net of tax of $1 million and $2 million, respectively(3)
1

 
2

Total other comprehensive income (loss) for period
21

 
11

Balance at end of period
(106
)
 
(218
)
Pension and postretirement benefit liability:
 
 
 
Balance at beginning of period
(6
)
 
(11
)
Other comprehensive income for period:
 
 
 
Reclassification adjustment of prior service costs and transition obligations in net income (loss), net of tax of less than $1 million(4)
1

 

Total other comprehensive income for period
1

 

Balance at end of period
(5
)
 
(11
)
Total accumulated other comprehensive income at end of period
$
31

 
$
872

 
 
 
 
Nine Months Ended September 30,
2013
 
2012
 
(in millions)
Unrealized gains (losses) on securities available-for-sale:
 
 
 
Balance at beginning of period
$
992

 
$
883

Other comprehensive income (loss) for period:
 
 
 
Net unrealized gains (losses) arising during period, net of tax of $(468) million and $217 million, respectively
(679
)
 
303

Reclassification adjustment for gains realized in net income (loss), net of tax of $(75) million and $(60) million, respectively(1)
(106
)
 
(85
)
Total other comprehensive income (loss) for period
(785
)
 
218

Balance at end of period
207

 
1,101

Unrealized losses on other-than-temporarily impaired debt securities held-to-maturity:
 
 
 
Balance at beginning of period

 

Adjustment to add other-than-temporary impairment due to the consolidation of VIE, net of tax of $(48) million
(67
)
 

Other comprehensive income for period:
 
 
 
Reclassification adjustment related to the accretion of unrealized other-than-temporary impairment, net of tax of $1 million(2)
2

 

Total other comprehensive income for period
2

 

Balance at end of period
(65
)
 

Unrealized gains (losses) on derivatives designated as cash flow hedges:
 
 
 
Balance at beginning of period
(201
)
 
(229
)
Other comprehensive income (loss) for period:
 
 
 
Net gains arising during period, net of tax of $63 million and $0 million, respectively
90

 
4

Reclassification adjustment for losses realized in net income (loss), net of tax of $4 million and $5 million, respectively(3)
5

 
7

Total other comprehensive income for period
95

 
11

Balance at end of period
(106
)
 
(218
)
Pension and postretirement benefit liability:
 
 
 
Balance at beginning of period
(6
)
 
(12
)
Other comprehensive income for period:
 
 
 
Reclassification adjustment of prior service costs and transition obligations in net income (loss), net of tax of less than $1 million(4)
1

 
1

Total other comprehensive income for period
1

 
1

Balance at end of period
(5
)
 
(11
)
Total accumulated other comprehensive income at end of period
$
31

 
$
872

 
(1) 
Amount reclassified to net income (loss) is included in other securities gains, net in our consolidated statement of income (loss).
(2) 
Amount reclassified to net income (loss) is included in interest income in our consolidated statement of income (loss).
(3) 
Amount reclassified to net income (loss) is included in interest income (expense) in our consolidated statement of income (loss).
(4) 
Amount reclassified to net income (loss) is included in salaries and employee benefits in our consolidated statement of income (loss).