XML 140 R26.htm IDEA: XBRL DOCUMENT v3.2.0.727
Other Comprehensive Income
 6 Months Ended
Jun. 30, 2015
Cumulative Other Comprehensive Income Balances [Abstract] [Abstract]  
Other Comprehensive Income
Note 17:  Other Comprehensive Income
The following table provides the components of other comprehensive income (OCI), reclassifications to net income by income statement line item, and the related tax effects.
  
Quarter ended June 30,
 
 
Six months ended June 30,
 
  
2015
 
 
2014
 
 
2015
 
 
2014
 
(in millions)
Before
tax

 
Tax
effect

 
Net of
tax

 
Before
tax

 
Tax
effect

 
Net of
tax

 
Before
tax

 
Tax
effect

 
Net of
tax

 
Before
tax

 
Tax
effect

 
Net of
tax

Investment securities:
  
 
  
 
  
 
  
 
  
 
  
 
  
 
  
 
  
 
  
 
  
 
  
Net unrealized gains (losses) arising during the period
$
(1,969
)
 
678

 
(1,291
)
 
2,085

 
(836
)
 
1,249

 
(1,576
)
 
631

 
(945
)
 
4,810

 
(1,829
)
 
2,981

Reclassification of net (gains) losses to net income:
 
 
 
 
 
 
 
 
 
 


 
  
 
  
 
 
 
 
 
 
 
 
Interest income on investment securities (1)
1

 
—

 
1

 
(11
)
 
4

 
(7
)
 
(2
)
 
1

 
(1
)
 
(26
)
 
10

 
(16
)
Net gains on debt securities
(181
)
 
68

 
(113
)
 
(71
)
 
27

 
(44
)
 
(459
)
 
173

 
(286
)
 
(154
)
 
58

 
(96
)
Net gains from equity investments
(38
)
 
14

 
(24
)
 
(68
)
 
25

 
(43
)
 
(57
)
 
21

 
(36
)
 
(364
)
 
137

 
(227
)
Subtotal reclassifications to net income
(218
)

82


(136
)
 
(150
)
 
56

 
(94
)
 
(518
)
 
195

 
(323
)
 
(544
)
 
205

 
(339
)
Net change
(2,187
)

760


(1,427
)
 
1,935

 
(780
)
 
1,155

 
(2,094
)
 
826

 
(1,268
)
 
4,266

 
(1,624
)
 
2,642

Derivatives and hedging activities:
 
 
 
 
 
 
  
 
  
 
  
 
  
 
  
 
  
 
  
 
  
 
  
Net unrealized gains (losses) arising during the period
(488
)
 
184

 
(304
)
 
212

 
(80
)
 
132

 
464

 
(175
)
 
289

 
256

 
(97
)
 
159

Reclassification of net (gains) losses to net income:
 
 
 
 
 
 
  
 
  
 


 
  
 
  
 
 
 
 
 
 
 
 
Interest income on loans
(272
)
 
103

 
(169
)
 
(130
)
 
49

 
(81
)
 
(509
)
 
192

 
(317
)
 
(254
)
 
96

 
(158
)
Interest expense on long-term debt
5

 
(2
)
 
3

 
16

 
(6
)
 
10

 
9

 
(3
)
 
6

 
34

 
(13
)
 
21

Interest income on investment securities
(1
)
 
—

 
(1
)
 
(1
)
 
1

 
—

 
(2
)
 
1

 
(1
)
 
(1
)
 
1

 
—

Subtotal reclassifications to net income
(268
)

101


(167
)
 
(115
)
 
44

 
(71
)
 
(502
)

190


(312
)
 
(221
)
 
84

 
(137
)
Net change
(756
)

285


(471
)
 
97

 
(36
)
 
61

 
(38
)

15


(23
)
 
35


(13
)

22

Defined benefit plans adjustments:
 
 
 
 
 
 
 
 
 
 
 
 
  
 
  
 
  
 
  
 
  
 
  
Net actuarial losses arising during the period
—

 
—

 
—

 
(12
)
 
5

 
(7
)
 
(11
)
 
4

 
(7
)
 
(12
)
 
5

 
(7
)
Reclassification of amounts to net periodic benefit costs (2):
 
 
 
 
 
 
  
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Amortization of net actuarial loss
30

 
(11
)
 
19

 
18

 
(7
)
 
11

 
61

 
(23
)
 
38

 
37

 
(14
)
 
23

Settlements and other
—

 
—

 
—

 
2

 
(1
)
 
1

 
12

 
(5
)
 
7

 
1

 
(1
)
 
—

Subtotal reclassifications to net periodic benefit costs
30


(11
)

19

 
20

 
(8
)
 
12

 
73

 
(28
)
 
45

 
38

 
(15
)
 
23

Net change
30


(11
)

19

 
8

 
(3
)
 
5

 
62

 
(24
)
 
38

 
26

 
(10
)
 
16

Foreign currency translation adjustments:
 
 
 
 
 
 
  
 
  
 
  
 
  
 
  
 
  
 
  
 
  
 
  
Net unrealized gains (losses) arising during the period
10

 
6

 
16

 
17

 
3

 
20

 
(45
)
 
(5
)
 
(50
)
 
—

 
—

 
—

Reclassification of net losses to net income:
 
 
 
 
 
 
  
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Noninterest income
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
—

 
6

 
—

 
6

Net change
10


6


16

 
17

 
3

 
20

 
(45
)
 
(5
)
 
(50
)
 
6

 
—

 
6

Other comprehensive income (loss)
$
(2,903
)

1,040


(1,863
)
 
2,057


(816
)

1,241

 
(2,115
)
 
812

 
(1,303
)
 
4,333

 
(1,647
)
 
2,686

Less: Other comprehensive income (loss) from noncontrolling interests, net of tax
 
 
 
 
(154
)
 
 
 
 
 
(124
)
 
  
 
  
 
147

 
 
 
 
 
(45
)
Wells Fargo other comprehensive income (loss), net of tax
 
 
 
 
$
(1,709
)
 
 
 
 
 
1,365

 
  
 
  
 
(1,450
)
 
 
 
 
 
2,731

(1)
Represents net unrealized gains and losses amortized over the remaining lives of securities that were transferred from the available-for-sale portfolio to the held-to-maturity portfolio.
(2)
These items are included in the computation of net periodic benefit cost, which is recorded in employee benefits expense (see Note 15 (Employee Benefits) for additional details).

Cumulative OCI balances were:
(in millions)
Investment
securities

 
Derivatives
and
hedging
activities

 
Defined
benefit
plans
adjustments

 
Foreign
currency
translation
adjustments

 
Cumulative
other
compre-
hensive
income

Quarter ended June 30, 2015
  

 
  

 
  

 
  

 
  

Balance, beginning of period
$
4,784

 
781

 
(1,684
)
 
(104
)
 
3,777

Net unrealized gains (losses) arising during the period
(1,291
)
 
(304
)
 
—

 
16

 
(1,579
)
Amounts reclassified from accumulated other comprehensive income
(136
)
 
(167
)
 
19

 
—

 
(284
)
Net change
(1,427
)

(471
)

19


16

 
(1,863
)
Less: Other comprehensive loss from noncontrolling interests
(152
)
 
—

 
—

 
(2
)
 
(154
)
Balance, end of period
$
3,509


310


(1,665
)

(86
)

2,068

Quarter ended June 30, 2014
  

 
  

 
  

 
  

 
  

Balance, beginning of period
$
3,746

 
41

 
(1,042
)
 
7

 
2,752

Net unrealized gains (losses) arising during the period
1,249

 
132

 
(7
)
 
20

 
1,394

Amounts reclassified from accumulated other comprehensive income
(94
)
 
(71
)
 
12

 
—

 
(153
)
Net change
1,155


61


5


20


1,241

Less: Other comprehensive loss from noncontrolling interests
(124
)
 
—

 
—

 
—

 
(124
)
Balance, end of period
$
5,025


102


(1,037
)

27


4,117

Six months ended June 30, 2015
  

 
  

 
  

 
  

 
  

Balance, beginning of period
$
4,926

 
333

 
(1,703
)
 
(38
)
 
3,518

Net unrealized gains (losses) arising during the period
(945
)
 
289

 
(7
)
 
(50
)
 
(713
)
Amounts reclassified from accumulated other comprehensive income
(323
)
 
(312
)
 
45

 
—

 
(590
)
Net change
(1,268
)
 
(23
)
 
38

 
(50
)
 
(1,303
)
Less: Other comprehensive income (loss) from noncontrolling interests
149

 
—

 
—

 
(2
)
 
147

Balance, end of period
$
3,509

 
310

 
(1,665
)
 
(86
)
 
2,068

Six months ended June 30, 2014
  

 
  

 
  

 
  

 
  

Balance, beginning of period
$
2,338

 
80

 
(1,053
)
 
21

 
1,386

Net unrealized gains (losses) arising during the period
2,981

 
159

 
(7
)
 
—

 
3,133

Amounts reclassified from accumulated other comprehensive income
(339
)
 
(137
)
 
23

 
6

 
(447
)
Net change
2,642

 
22

 
16

 
6

 
2,686

Less: Other comprehensive loss from noncontrolling interests
(45
)
 
—

 
—

 
—

 
(45
)
Balance, end of period
$
5,025

 
102

 
(1,037
)
 
27

 
4,117