Accumulated Other Comprehensive Income

6 Months Ended

Jun. 30, 2019

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income

The following tables present the components comprising accumulated other comprehensive income.

	Pension and Postretirement Benefits			Noncredit Portion of Other-than- temporary Impairment  Losses on Available-for- sale Securities			Total  Accumulated Other Comprehensive Income
Balance, March 31, 2018	$	(23	)	$	118		$	95
Other comprehensive income before reclassifications:
Net change in fair value	—			(2		)	(2		)
Reclassification from accumulated other comprehensive income to net income:
Noncredit other-than-temporary impairment losses	—			1			1
Amortization of pension and postretirement (1)	1			—			1
Net current period other comprehensive income (loss)	1			(1		)	—
Balance, June 30, 2018	$	(22	)	$	117		$	95
Balance, March 31, 2019	$	(20	)	$	64		$	44
Other comprehensive income before reclassifications:
Net change in fair value	—			(10		)	(10		)
Reclassification from accumulated other comprehensive income to net income:
Noncredit other-than-temporary impairment losses	—			2			2
Amortization of pension and postretirement (1)	—			—			—
Net current period other comprehensive loss	—			(8		)	(8		)
Balance, June 30, 2019	$	(20	)	$	56		$	36

 

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⁽¹⁾ Included in Noninterest expense - Other on the Statements of Income.

	Pension and Postretirement Benefits			Noncredit Portion of Other-than- temporary Impairment  Losses on Available-for- sale Securities			Total  Accumulated Other Comprehensive Income
Balance, December 31, 2017	$	(24	)	$	134		$	110
Other comprehensive income before reclassifications:
Net change in fair value	—			(18		)	(18		)
Reclassification from accumulated other comprehensive income to net income:
Noncredit other-than-temporary impairment losses	—			1			1
Amortization of pension and postretirement (1)	2			—			2
Net current period other comprehensive income (loss)	2			(17		)	(15		)
Balance, June 30, 2018	$	(22	)	$	117		$	95
Balance, December 31, 2018	$	(21	)	$	72		$	51
Other comprehensive income before reclassifications:
Net change in fair value	—			(19		)	(19		)
Reclassification from accumulated other comprehensive income to net income:
Noncredit other-than-temporary impairment losses	—			3			3
Amortization of pension and postretirement (1)	1			—			1
Net current period other comprehensive income (loss)	1			(16		)	(15		)
Balance, June 30, 2019	$	(20	)	$	56		$	36

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⁽¹⁾ Included in Noninterest expense - Other on the Statements of Income.