XML 107 R42.htm IDEA: XBRL DOCUMENT v3.20.1
Other comprehensive income (loss) (Tables)
 3 Months Ended
Mar. 31, 2020
Equity [Abstract]  
Components of Other Comprehensive Income (Loss)

Components of other comprehensive income (loss)
Quarter ended
March 31, 2020
 
Dec. 31, 2019
 
March 31, 2019
(in millions)
Pre-tax
amount

Tax
(expense)
benefit

After-tax
amount

 
Pre-tax
amount

Tax
(expense)
benefit

After-tax
amount

 
Pre-tax
amount

Tax
(expense)
benefit

After-tax
amount

Foreign currency translation:
 
 
 
 
 
 
 
 
 
 
 
Foreign currency translation adjustments arising during the period (a)
$
(265
)
$
(104
)
$
(369
)
 
$
292

$
96

$
388

 
$
27

$
2

$
29

Total foreign currency translation
(265
)
(104
)
(369
)
 
292

96

388

 
27

2

29

Unrealized gain (loss) on assets available-for-sale:
 
 
 
 
 
 
 
 
 
 
 
Unrealized gain (loss) arising during period
243

(60
)
183

 
(114
)
37

(77
)
 
322

(83
)
239

Reclassification adjustment (b)
(9
)
2

(7
)
 
25

(6
)
19

 
(1
)
—

(1
)
Net unrealized gain (loss) on assets available-for-sale
234

(58
)
176

 
(89
)
31

(58
)
 
321

(83
)
238

Defined benefit plans:
 
 
 
 
 
 
 
 
 
 
 
Prior service cost arising during the period
—

—

—

 
(1
)
—

(1
)
 
—

—

—

Net (loss) gain arising during the period
—

—

—

 
(110
)
32

(78
)
 
(11
)
2

(9
)
Amortization of prior service credit, net loss and initial obligation included in net periodic benefit cost (b)
24

(6
)
18

 
14

(10
)
4

 
13

(3
)
10

Total defined benefit plans
24

(6
)
18

 
(97
)
22

(75
)
 
2

(1
)
1

Unrealized gain (loss) on cash flow hedges:
 
 
 
 
 
 
 
 
 
 
 
Unrealized hedge (loss) gain arising during period
(13
)
3

(10
)
 
17

(5
)
12

 
6

(4
)
2

Reclassification of net loss (gain) to net income:
 
 
 
 
 
 
 
 
 
 
 
Interest rate contracts - interest expense
—

—

—

 
(8
)
2

(6
)
 
—

—

—

Foreign exchange (“FX”) contracts - staff expense
(1
)
—

(1
)
 
(2
)
—

(2
)
 
1

2

3

Total reclassifications to net income
(1
)
—

(1
)
 
(10
)
2

(8
)
 
1

2

3

Net unrealized (loss) gain on cash flow hedges
(14
)
3

(11
)
 
7

(3
)
4

 
7

(2
)
5

Total other comprehensive (loss) income
$
(21
)
$
(165
)
$
(186
)
 
$
113

$
146

$
259

 
$
357

$
(84
)
$
273


(a)
Includes the impact of hedges of net investments in foreign subsidiaries. See Note 17 for additional information.
(b)
The reclassification adjustment related to the unrealized gain (loss) on assets available-for-sale is recorded as net securities gains on the consolidated income statement. The amortization of prior service credit, net loss and initial obligation included in net periodic benefit cost is recorded as staff expense on the consolidated income statement.