Changes in Accumulated Other Comprehensive (Loss) Income

6 Months Ended

Jun. 30, 2015

Disclosure Text Block [Abstract]

Changes In Accumulated Other Comprehensive (Loss) Income

12. Changes In Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Lossis comprised of items that have not been recognized in earnings but may be recognized in earnings in the future when certain events occur. Changes in each component for the three and six months endedJune 30, 2015 and 2014were as follows:

Three Months Ended June 30, 2015 (Millions), net of tax	Net Unrealized Gains (Losses) on Investment Securities		Foreign Currency Translation Adjustments		Net Unrealized Pension and Other Postretirement Benefit (Losses) Gains		Accumulated Other Comprehensive (Loss) Income
Balances as of March 31, 2015	$	96	$	(1,754)	$	(493)	$	(2,151)
Net unrealized (loss)		(20)		―		―		(20)
Decrease due to amounts reclassified into earnings		―		(1)		―		(1)
Net translation gain of investments in foreign operations		―		45		―		45
Net losses related to hedges of investments in foreign operations		―		(33)		―		(33)
Pension and other postretirement benefit gains		―		―		6		6
Net change in accumulated other comprehensive (loss) income		(20)		11		6		(3)
Balances as of June 30, 2015	$	76	$	(1,743)	$	(487)	$	(2,154)
Six Months Ended June 30, 2015 (Millions), net of tax	Net Unrealized Gains (Losses) on Investment Securities		Foreign Currency Translation Adjustments		Net Unrealized Pension and Other Postretirement Benefit (Losses) Gains		Accumulated Other Comprehensive (Loss) Income
Balances as of December 31, 2014	$	96	$	(1,499)	$	(516)	$	(1,919)
Net unrealized (loss)		(20)		―		―		(20)
Decrease due to amounts reclassified into earnings		―		(1)		―		(1)
Net translation loss of investments in foreign operations		―		(405)		―		(405)
Net gains related to hedges of investments in foreign operations		―		162		―		162
Pension and other postretirement benefit gains		―		―		29		29
Net change in accumulated other comprehensive (loss) income		(20)		(244)		29		(235)
Balances as of June 30, 2015	$	76	$	(1,743)	$	(487)	$	(2,154)

Three Months Ended June 30, 2014 (Millions), net of tax	Net Unrealized Gains (Losses) on Investment Securities		Foreign Currency Translation Adjustments		Net Unrealized Pension and Other Postretirement Benefit (Losses) Gains		Accumulated Other Comprehensive (Loss) Income
Balances as of March 31, 2014	$	102	$	(1,124)	$	(372)	$	(1,394)
Net unrealized gains		32		―		―		32
(Decrease) increase due to amounts reclassified into earnings		(29)		3		―		(26)
Net translation gain of investments in foreign operations		―		119		―		119
Net losses related to hedges of investments in foreign operations		―		(116)		―		(116)
Pension and other postretirement benefit gains		―		―		14		14
Net change in accumulated other comprehensive (loss) income		3		6		14		23
Balances as of June 30, 2014	$	105	$	(1,118)	$	(358)	$	(1,371)
Six Months Ended June 30, 2014 (Millions), net of tax	Net Unrealized Gains (Losses) on Investment Securities		Foreign Currency Translation Adjustments		Net Unrealized Pension and Other Postretirement Benefit (Losses) Gains		Accumulated Other Comprehensive (Loss) Income
Balances as of December 31, 2013	$	63	$	(1,090)	$	(399)	$	(1,426)
Net unrealized gains		100		―		―		100
(Decrease) increase due to amounts reclassified into earnings		(58)		4		―		(54)
Net translation gain of investments in foreign operations		―		101		―		101
Net losses related to hedges of investments in foreign operations		―		(133)		―		(133)
Pension and other postretirement benefit gains		―		―		41		41
Net change in accumulated other comprehensive (loss) income		42		(28)		41		55
Balances as of June 30, 2014	$	105	$	(1,118)	$	(358)	$	(1,371)

The following table presents the effects of reclassifications out of Accumulated Other Comprehensive Loss and into the Consolidated Statements of Income for the three and six months endedJune 30, 2015:

				Gains (losses) recognized in earnings
					Three Months Ended					Six Months Ended
					June 30,					June 30,
			Income Statement			Amount				Amount
Description (Millions)			Line Item		2015		2014		2015		2014
Available-for-sale securities
	Reclassifications for previously unrealized net
		gains on investment securities	Other non-interest revenues		$	―	$	45	$	―	$	90
	Related income tax expense		Income tax provision			―		(16)		―		(32)
	Reclassification to net income related to
		available-for-sale securities				―		29		―		58
Foreign currency translation adjustments
	Reclassification of realized losses on
		translation adjustments and related hedges	Other expenses			1		(6)		1		(8)
	Related income tax benefit		Income tax provision			―		3		―		4
	Reclassification of foreign currency
		translation adjustments				1		(3)		1		(4)
Total					$	1	$	26	$	1	$	54