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Accumulated Other Comprehensive Income
3 Months Ended
Mar. 31, 2015
Equity [Abstract]  
Accumulated Other Comprehensive Income

16. Accumulated Other Comprehensive Income

Our changes in AOCI for the three months ended March 31, 2015, and March 31, 2014, are as follows:

 

in millions

  Unrealized gains
(losses) on securities
available for sale
    Unrealized gains
(losses) on derivative
financial instruments
    Foreign currency
translation
adjustment
    Net pension and
postretirement
benefit costs
    Total  

Balance at December 31, 2014

  $ (4   $ (8   $ 22     $ (366   $ (356

Other comprehensive income before reclassification, net of income taxes

    55       45       (13     —          87  

Amounts reclassified from accumulated other comprehensive income, net of income taxes (a)

    —          (13     —          3       (10
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net current-period other comprehensive income, net of income taxes

  55     32     (13   3     77  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at March 31, 2015

$ 51   $ 24   $ 9   $ (363 $ (279
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at December 31, 2013

$ (63 $ (11 $ 42   $ (320 $ (352

Other comprehensive income before reclassification, net of income taxes

  29     7     —        —        36  

Amounts reclassified from accumulated other comprehensive income, net of income taxes (a)

  —        (8   (2   2     (8
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Net current-period other comprehensive income, net of income taxes

  29     (1   (2   2     28  
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at March 31, 2014

$ (34 $ (12 $ 40   $ (318 $ (324
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

(a) See table below for details about these reclassifications.

 

Our reclassifications out of AOCI for the three months ended March 31, 2015, and March 31, 2014, are as follows:

 

Three months ended March 31, 2015

in millions

   Amount Reclassified from
Accumulated Other
Comprehensive Income
   

Affected Line Item in the Statement

Where Net Income is Presented

Unrealized gains (losses) on derivative financial instruments

    

Interest rate

   $ 22     Interest income — Loans

Interest rate

     (1   Interest expense — Long term debt
  

 

 

   
  21   Income (loss) from continuing operations before income taxes
  8   Income taxes
  

 

 

   
$ 13   Income (loss) from continuing operations
  

 

 

   

Net pension and postretirement benefit costs

Amortization of losses

$ (4 Personnel expense
  

 

 

   
  (4 Income (loss) from continuing operations before income taxes
  (1 Income taxes
  

 

 

   
$ (3 Income (loss) from continuing operations
  

 

 

   

Three months ended March 31, 2014

in millions

   Amount Reclassified from
Accumulated Other
Comprehensive Income
   

Affected Line Item in the Statement

Where Net Income is Presented

Unrealized gains (losses) on derivative financial instruments

    

Interest rate

   $ 15     Interest income — Loans

Interest rate

     (1   Interest expense — Long term debt
  

 

 

   
  14   Income (loss) from continuing operations before income taxes
  6   Income taxes
  

 

 

   
$ 8   Income (loss) from continuing operations
  

 

 

   

Foreign currency translation adjustment

$ 3   Corporate services income
  

 

 

   
  3   Income (loss) from continuing operations before income taxes
  1   Income taxes
  

 

 

   
$ 2   Income (loss) from continuing operations
  

 

 

   

Net pension and postretirement benefit costs

Amortization of losses

$ (4 Personnel expense
  

 

 

   

 

  (4 Income (loss) from continuing operations before income taxes
  (2 Income taxes
  

 

 

   
$ (2 Income (loss) from continuing operations