Other Comprehensive Income

12 Months Ended

Dec. 31, 2022

Other Comprehensive Income [Abstract]

OTHER COMPREHENSIVE INCOMEDetails of other comprehensive income (loss) are as follows:

Table 83: Other Comprehensive Income (Loss)


	Year ended December 31
	2022						2021						2020
In millions	Pre-tax		Tax effect		After-tax		Pre-tax		Tax effect		After-tax		Pre-tax		Tax effect		After-tax
Debt securities
Net Unrealized gains (losses) on securities	$	(10,866)	$	2,561	$	(8,305)	$	(2,445)	$	576	$	(1,869)	$	2,113	$	(485)	$	1,628
Less: Net realized gains (losses) reclassified to earnings (a)	(723)		171		(552)		6		(2)		4		302		(69)		233
Net change	(10,143)		2,390		(7,753)		(2,451)		578		(1,873)		1,811		(416)		1,395
Cash flow hedge derivatives
Net Unrealized gains (losses) on cash flow hedge derivatives	(3,536)		833		(2,703)		(632)		149		(483)		918		(211)		707
Less: Net realized gains (losses) reclassified to earnings (a)	(260)		61		(199)		494		(117)		377		421		(97)		324
Net change	(3,276)		772		(2,504)		(1,126)		266		(860)		497		(114)		383
Pension and other postretirement benefit plan adjustments
Net pension and other postretirement benefit plan activity and other reclassified to earnings (b)	(363)		85		(278)		486		(114)		372		82		(19)		63
Net change	(363)		85		(278)		486		(114)		372		82		(19)		63
Other
Net unrealized gains (losses) on other transactions	(5)		(41)		(46)		4		(4)				10		5		15
Net change	(5)		(41)		(46)		4		(4)				10		5		15
Total other comprehensive income (loss) from continuing operations	(13,787)		3,206		(10,581)		(3,087)		726		(2,361)		2,400		(544)		1,856
Total other comprehensive income from discontinued operations													148		(33)		115
Total other comprehensive income (loss)	$	(13,787)	$	3,206	$	(10,581)	$	(3,087)	$	726	$	(2,361)	$	2,548	$	(577)	$	1,971

(a)Reclassifications for pre-tax debt securities and cash flow hedges are recorded in interest income and noninterest income on the Consolidated Income Statement.

(b)Reclassifications include amortization of actuarial losses (gains) and amortization of prior period services costs (credits) which are recorded in noninterest expense on the Consolidated Income Statement.

Table 84: Accumulated Other Comprehensive Income (Loss) Components


In millions, after-tax	Debt securities		Cash flow hedge derivatives		Pension and other postretirement benefit plan adjustments		Other		Accumulated other Comprehensive Income from Continuing Operations		Accumulated other Comprehensive Income from Discontinued Operations		Total
Balance at December 31, 2019	$	1,067	$	276	$	(408)	$	(21)	$	914	$	(115)	$	799
Net Activity	1,395		383		63		15		1,856		115		1,971


Balance at December 31, 2020	$	2,462	$	659	$	(345)	$	(6)	$	2,770			$	2,770
Net activity	(1,873)		(860)		372				(2,361)				(2,361)
Balance at December 31, 2021	$	589	$	(201)	$	27	$	(6)	$	409			$	409
Net activity	(7,753)		(2,504)		(278)		(46)		(10,581)				(10,581)
Balance at December 31, 2022 (a)	$	(7,164)	$	(2,705)	$	(251)	$	(52)	$	(10,172)			$	(10,172)

(a)At December 31, 2022, AOCI included pretax losses of $314 million from derivatives that hedged the purchase of investment securities classified as held to maturity.