Accumulated Other Comprehensive (Loss) Income

6 Months Ended

Jun. 30, 2017

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 gains on investment securities (a)			Translation adjustments and net investment hedges (b)		Cash flow hedges (b)		Defined benefit pension plans			Accumulated other comprehensive (loss) income
Balance at December 31, 2015	$	(159	)	$	9	$	8	$	(89	)	$	(231	)
2016 net change	262			5		—		(1		)	266
Balance at June 30, 2016	$	103		$	14	$	8	$	(90	)	$	35
Balance at December 31, 2016	$	(273	)	$	14	$	8	$	(90	)	$	(341	)
2017 net change	96			—		1		(1		)	96
Balance at June 30, 2017	$	(177	)	$	14	$	9	$	(91	)	$	(245	)

(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 19.

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

Three months ended June 30, 2017 ($ in millions)	Before tax				Tax effect				After tax
Investment securities
Net unrealized gains arising during the period	$	132			$	(37	)		$	95
Less: Net realized gains reclassified to income from continuing operations	23			(a)	(3		)	(b)	20
Net change	109				(34		)		75
Translation adjustments
Net unrealized gains arising during the period	4				(1		)		3
Net investment hedges (c)
Net unrealized losses arising during the period	(4		)		1				(3		)
Cash flow hedges (c)
Net unrealized gains arising during the period	1				—				1
Other comprehensive income	$	110			$	(34	)		$	76

(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.

(c) For additional information on derivative instruments and hedging activities, refer to Note 19.

Three months ended June 30, 2016 ($ in millions)	Before tax				Tax effect				After tax
Investment securities
Net unrealized gains arising during the period	$	185			$	(25	)		$	160
Less: Net realized gains reclassified to income from continuing operations	39			(a)	1			(b)	40
Net change	146				(26		)		120
Translation adjustments
Net unrealized losses arising during the period	(1		)		—				(1		)
Less: Net realized losses reclassified to income from discontinued operations, net of tax	(1		)		—				(1		)
Net change	—				—				—
Other comprehensive income	$	146			$	(26	)		$	120

(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.

Six months ended June 30, 2017($ in millions)	Before tax				Tax effect				After tax
Investment securities
Net unrealized gains arising during the period	$	183			$	(42	)		$	141
Less: Net realized gains reclassified to income from continuing operations	50			(a)	(5		)	(b)	45
Net change	133				(37		)		96
Translation adjustments
Net unrealized gains arising during the period	6				(2		)		4
Net investment hedges (c)
Net unrealized losses arising during the period	(6		)		2				(4		)
Cash flow hedges (c)
Net unrealized gains arising during the period	1				—				1
Defined benefit pension plans
Net unrealized losses arising during the period	(1		)		—				(1		)
Other comprehensive income	$	133			$	(37	)		$	96

(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.

(c) For additional information on derivative instruments and hedging activities, refer to Note 19.

Six months ended June 30, 2016 ($ in millions)	Before Tax				Tax Effect				After Tax
Investment securities
Net unrealized gains arising during the period	$	465			$	(129	)		$	336
Less: Net realized gains reclassified to income from continuing operations	93			(a)	(19		)	(b)	74
Net change	372				(110		)		262
Translation adjustments
Net unrealized gains arising during the period	12				(5		)		7
Less: Net realized losses reclassified to income from discontinued operations, net of tax	(1		)		—				(1		)
Net change	13				(5		)		8
Net investment hedges (c)
Net unrealized losses arising during the period	(6		)		3				(3		)
Defined benefit pension plans
Net unrealized losses arising during the period	(1		)		—				(1		)
Other comprehensive income	$	378			$	(112	)		$	266

(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.

(c) For additional information on derivative instruments and hedging activities, refer to Note 19.