Accumulated Other Comprehensive Income (Loss) (Tables)

12 Months Ended

Dec. 31, 2025

Schedule of Components of Accumulated Other Comprehensive Income (Loss)

The following tables summarize the components of Accumulated Other Comprehensive Income (Loss) (AOCI) at December 31, 2025, 2024, and 2023, and changes during the years then ended.

TABLE 79: SUMMARY OF CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)


(In Millions)	NET UNREALIZED (LOSSES) GAINS ON AVAILABLE FOR SALE DEBT SECURITIES(1)		NET UNREALIZED GAINS (LOSSES) ON CASH FLOW HEDGES		NET FOREIGN CURRENCY ADJUSTMENT		NET PENSION AND OTHER POSTRETIREMENT BENEFIT ADJUSTMENTS		TOTAL
Balance at December 31, 2022	$	(1,367.6)	$	1.2	$	164.6	$	(367.4)	$	(1,569.2)
Net Change	443.7		(0.4)		39.0		(51.0)		431.3
Balance at December 31, 2023	$	(923.9)	$	0.8	$	203.6	$	(418.4)	$	(1,137.9)
Net Change	325.8		(0.2)		29.5		(31.2)		323.9
Balance at December 31, 2024	$	(598.1)	$	0.6	$	233.1	$	(449.6)	$	(814.0)
Net Change	196.8		0.3		15.8		10.6		223.5
Balance at December 31, 2025	$	(401.3)	$	0.9	$	248.9	$	(439.0)	$	(590.5)

(1) Includes net unrealized gains (losses) on debt securities transferred from AFS to HTM.

Schedule of Components of Changes in Accumulated Other Comprehensive Income (Loss)


FOR THE YEAR ENDED DECEMBER 31,	2025						2024						2023
(In Millions)	PRE-TAX		TAX		AFTER TAX		PRE-TAX		TAX		AFTER TAX		PRE-TAX		TAX		AFTER TAX
Unrealized Gains (Losses) on Available for Sale Debt Securities
Unrealized Gains (Losses) on Available for Sale Debt Securities	$	162.3	$	(40.9)	$	121.4	$	147.7	$	(39.5)	$	108.2	$	319.4	$	(81.1)	$	238.3
Reclassification Adjustments for Losses (Gains) Included in Net Income:
Interest Income on Debt Securities(1)	99.9		(24.5)		75.4		101.3		(25.1)		76.2		105.6		(26.7)		78.9
Net Losses on Debt Securities(2)	—		—		—		189.3		(47.9)		141.4		169.5		(43.0)		126.5
Net Change	$	262.2	$	(65.4)	$	196.8	$	438.3	$	(112.5)	$	325.8	$	594.5	$	(150.8)	$	443.7
Unrealized Gains (Losses) on Cash Flow Hedges
Foreign Exchange Contracts	$	20.9	$	(5.1)	$	15.8	$	13.2	$	(3.2)	$	10.0	$	36.3	$	(9.2)	$	27.1

Reclassification Adjustment for (Gains) Losses Included in Net Income(3)	(20.5)		5.0		(15.5)		(13.4)		3.2		(10.2)		(36.8)		9.3		(27.5)
Net Change	$	0.4	$	(0.1)	$	0.3	$	(0.2)	$	—	$	(0.2)	$	(0.5)	$	0.1	$	(0.4)
Foreign Currency Adjustments
Foreign Currency Translation Adjustments	$	275.2	$	(12.8)	$	262.4	$	(149.0)	$	5.4	$	(143.6)	$	100.8	$	(1.6)	$	99.2
Long-Term Intra-Entity Foreign Currency Transaction Gains (Losses)	1.2		(0.2)		1.0		(0.9)		0.2		(0.7)		(0.9)		0.2		(0.7)
Net Investment Hedge (Losses) Gains	(328.1)		80.5		(247.6)		233.1		(59.3)		173.8		(77.4)		17.9		(59.5)
Net Change	$	(51.7)	$	67.5	$	15.8	$	83.2	$	(53.7)	$	29.5	$	22.5	$	16.5	$	39.0
Pension and Other Postretirement Benefit Adjustments
Net Actuarial Gains (Losses)	$	5.6	$	(4.0)	$	1.6	$	(54.0)	$	12.9	$	(41.1)	$	(71.4)	$	15.7	$	(55.7)
Reclassification Adjustment for Losses (Gains) Included in Net Income(4)
Amortization of Net Actuarial Loss	12.2		(3.0)		9.2		13.0		(3.2)		9.8		6.4		(1.7)		4.7
Amortization of Prior Service Cost (Credit)	(0.1)		—		(0.1)		(0.1)		—		(0.1)		—		—		—
Settlement Loss	(0.1)		—		(0.1)		0.2		—		0.2		—		—		—
Net Change	$	17.6	$	(7.0)	$	10.6	$	(40.9)	$	9.7	$	(31.2)	$	(65.0)	$	14.0	$	(51.0)
Total Net Change	$	228.5	$	(5.0)	$	223.5	$	480.4	$	(156.5)	$	323.9	$	551.5	$	(120.2)	$	431.3

(1) The before-tax reclassification adjustment is related to the unrealized gains (losses) amortization on AFS debt securities that were previously transferred to HTM debt securities. Upon transfer of a debt security from the AFS to HTM classification, the amortized cost is reset to fair value. Any net unrealized gain or loss at the date of transfer will remain in AOCI and be amortized into Net Interest Income over the remaining life of the securities using the effective interest method. The amortization of amounts retained in AOCI will offset the effect on interest income of the amortization of the premium or discount resulting from transferring the securities at fair value.

(2) The net losses on AFS debt securities before-tax reclassification adjustment is recorded in Investment Security Gains (Losses), net on the consolidated statements of income. Refer to Note 4, “Securities” for further information.

(3) See Note 25, "Derivative Financial Instruments" for the location of the reclassification adjustment related to cash flow hedges.

(4) The pension and other postretirement benefit before-tax reclassification adjustment is recorded in Employee Benefits expense on the consolidated statements of income. Refer to Note 21, “Employee Benefits” for further information.