Accumulated Other Comprehensive (Loss) Income

9 Months Ended

Sep. 30, 2016

Accumulated Other Comprehensive Income (Loss) [Abstract]

Comprehensive Income (Loss) Note [Text Block]

Accumulated Other Comprehensive (Loss) Income

The following table presents changes, net of tax, in each component of accumulated other comprehensive (loss) income.

($ in millions)	Unrealized (losses) gains on investment securities (a)			Translation adjustments and net investment hedges (b)			Cash flow hedges		Defined benefit pension plans			Accumulated other comprehensive (loss) income
Balance at December 31, 2014	$	(21	)	$	36		$	7	$	(88	)	$	(66	)
2015 net change	(35		)	(21		)	—		—			(56		)
Balance at September 30, 2015	$	(56	)	$	15		$	7	$	(88	)	$	(122	)
Balance at December 31, 2015	$	(159	)	$	9		$	8	$	(89	)	$	(231	)
2016 net change	258			5			—		(1		)	262
Balance at September 30, 2016	$	99		$	14		$	8	$	(90	)	$	31

(a) Represents the after-tax difference between the fair value and amortized cost of our available-for-sale securities portfolio.

(b) For additional information on derivative instruments and hedging activities, refer to Note 20.

The following tables present the before- and after-tax changes in each component of accumulated other comprehensive (loss) income.

Three months ended September 30, 2016 ($ in millions)	Before Tax				Tax Effect				After Tax
Investment securities
Net unrealized gains arising during the period	$	41			$	(4	)		$	37
Less: Net realized gains reclassified to income from continuing operations	52			(a)	(11		)	(b)	41
Net change	(11		)		7				(4		)
Translation adjustments
Net unrealized losses arising during the period	(2		)		1				(1		)
Net investment hedges
Net unrealized gains arising during the period	2				(1		)		1
Other comprehensive loss	$	(11	)		$	7			$	(4	)

(a) Includes gains reclassified to other gain on investments, net in our Condensed Consolidated Statement of Comprehensive Income.

(b) Includes amounts reclassified to income tax expense from continuing operations in our Condensed Consolidated Statement of Comprehensive Income.

Three months ended September 30, 2015 ($ in millions)	Before Tax				Tax Effect				After Tax
Investment securities
Net unrealized gains arising during the period	$	106			$	(41	)		$	65
Less: Net realized gains reclassified to income from continuing operations	6			(a)	(3		)	(b)	3
Net change	100				(38		)		62
Translation adjustments
Net unrealized losses arising during the period	(17		)		5				(12		)
Less: Net realized losses reclassified to income from discontinued operations, net of tax	(1		)		—				(1		)
Net change	(16		)		5				(11		)
Net investment hedges
Net unrealized gains arising during the period	15				(5		)		10
Other comprehensive income	$	99			$	(38	)		$	61

(a) Includes gains reclassified to other gain on investments, net in our Condensed Consolidated Statement of Comprehensive Income.

(b) Includes amounts reclassified to income tax expense from continuing operations in our Condensed Consolidated Statement of Comprehensive Income.

Nine months ended September 30, 2016($ in millions)	Before Tax				Tax Effect				After Tax
Investment securities
Net unrealized gains arising during the period	$	506			$	(133	)		$	373
Less: Net realized gains reclassified to income from continuing operations	145			(a)	(30		)	(b)	115
Net change	361				(103		)		258
Translation adjustments
Net unrealized gains arising during the period	10				(4		)		6
Less: Net realized losses reclassified to income from discontinued operations, net of tax	(1		)		—				(1		)
Net change	11				(4		)		7
Net investment hedges
Net unrealized losses arising during the period	(4		)		2				(2		)
Defined benefit pension plans
Net unrealized losses arising during the period	(1		)		—				(1		)
Other comprehensive income	$	367			$	(105	)		$	262

(a) Includes gains reclassified to other gain on investments, net in our Condensed Consolidated Statement of Comprehensive Income.

(b) Includes amounts reclassified to income tax expense (benefit) from continuing operations in our Condensed Consolidated Statement of Comprehensive Income.

Nine months ended September 30, 2015 ($ in millions)	Before Tax				Tax Effect				After Tax
Investment securities
Net unrealized gains arising during the period	$	53			$	(21	)		$	32
Less: Net realized gains reclassified to income from continuing operations	106			(a)	(39		)	(b)	67
Net change	(53		)		18				(35		)
Translation adjustments
Net unrealized losses arising during the period	(33		)		11				(22		)
Less: Net realized gains reclassified to income from discontinued operations, net of tax	42				(20		)		22
Net change	(75		)		31				(44		)
Net investment hedges
Net unrealized gains arising during the period	31				(11		)		20
Less: Net realized losses reclassified to income from discontinued operations, net of tax	(4		)		1				(3		)
Net change	35				(12		)		23
Other comprehensive loss	$	(93	)		$	37			$	(56	)

(a) Includes gains reclassified to other gain on investments, net in our Condensed Consolidated Statement of Comprehensive Income.

(b) Includes amounts reclassified to income tax expense (benefit) from continuing operations in our Condensed Consolidated Statement of Comprehensive Income.