Changes in Accumulated Other Comprehensive (Loss) Income (Tables)

12 Months Ended

Dec. 31, 2015

Table Text Block [Abstract]

Components of comprehensive income (loss), net of tax

Changes in each component for the three years ended December 31 were as follows:

(Millions), net of tax(a)	Net Unrealized Gains (Losses) on Investment Securities		Net Unrealized Gains (Losses) on Cash Flow Hedges		Foreign Currency Translation Adjustments		Net Unrealized Pension and Other Postretirement Benefit Losses (Gains)		Accumulated Other Comprehensive (Loss) Income
Balances as of December 31, 2012	$	315	$	―	$	(754)	$	(488)	$	(927)
Net unrealized losses		(159)		―		―		―		(159)
Decrease due to amounts reclassified into earnings		(93)		―		―		―		(93)
Net translation loss of investments in foreign operations		―		―		(589)		―		(589)
Net gains related to hedges of investments in foreign operations		―		―		253		―		253
Pension and other postretirement benefit gains		―		―		―		89		89
Net change in accumulated other comprehensive (loss) income		(252)		―		(336)		89		(499)
Balances as of December 31, 2013		63		―		(1,090)		(399)		(1,426)
Net unrealized gains		104		―		―		―		104
Decrease due to amounts reclassified into earnings		(71)		―		5		―		(66)
Net translation loss of investments in foreign operations		―		―		(869)		―		(869)
Net gains related to hedges of investments in foreign operations		―		―		455		―		455
Pension and other postretirement benefit losses		―		―		―		(117)		(117)
Net change in accumulated other comprehensive income (loss)		33		―		(409)		(117)		(493)
Balances as of December 31, 2014		96		―		(1,499)		(516)		(1,919)
Net unrealized losses		(37)		―		―		―		(37)
Decrease due to amounts reclassified into earnings		(1)		―		(1)		―		(2)
Net translation loss of investments in foreign operations		―		―		(1,122)		―		(1,122)
Net gains related to hedges of investment in foreign operations		―		―		578		―		578
Pension and other postretirement benefit losses		―		―		―		(32)		(32)
Net change in accumulated other comprehensive loss		(38)		―		(545)		(32)		(615)
Balances as of December 31, 2015	$	58	$	―	$	(2,044)	$	(548)	$	(2,534)

Accumulated Other Comprehensive Loss Income Tax Effect Disclosure Text Block

The following table shows the tax impact for the three years ended December 31 for the changes in each component of Accumulated Other Comprehensive Income:

		Tax expense (benefit)
(Millions)	2015		2014		2013
Investment securities	$	(20)	$	19	$	(142)
Foreign currency translation adjustments		(124)		(64)		(49)
Net investment hedges		340		273		135
Pension and other postretirement benefit losses		―		(46)		56
Total tax impact	$	196	$	182	$	―

Reclassification out of accumulated other comprehensive (loss) income

The following table presents the effects of reclassifications out of Accumulated Other Comprehensive (Loss) Income and into the Consolidated Statements of Income for the years ended December 31

				Gains (losses) recognized in earnings
Description (Millions)			Income Statement Line Item		2015		2014
Available-for-sale securities
	Reclassifications for previously unrealized net gains on
		investment securities	Other non-interest revenues	$	1	$	111
	Related income tax expense		Income tax provision		―		(40)
	Reclassification to net income related to available-for-sale securities				1		71
Foreign currency translation adjustments
	Reclassification of realized losses on translation adjustments and related hedges		Other expenses		1		(9)
	Related income tax expense		Income tax provision		―		4
	Reclassification of foreign currency translation adjustments				1		(5)
Total				$	2	$	66