Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Jun. 30, 2026

Equity [Abstract]

Schedule of Changes in Accumulated Other Comprehensive Income (Loss)

The following tables summarize the components of Accumulated Other Comprehensive Income (Loss) (AOCI) at June 30, 2026 and 2025, and changes during the three and six months then ended.

TABLE 56: SUMMARY OF CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

	THREE MONTHS ENDED JUNE 30, 2026
(In Millions)	NET UNREALIZED GAINS (LOSSES) ON AVAILABLE FOR SALE DEBT SECURITIES(1)		NET UNREALIZED GAINS (LOSSES) ON CASH FLOW HEDGES		NET FOREIGN CURRENCY ADJUSTMENTS		NET PENSION AND OTHER POSTRETIREMENT BENEFIT ADJUSTMENTS		TOTAL
Balance at March 31, 2026	$	(445.9)	$	(4.4)	$	250.5	$	(436.8)	$	(636.6)
Net Change	72.7		(1.7)		9.0		4.9		84.9
Balance at June 30, 2026	$	(373.2)	$	(6.1)	$	259.5	$	(431.9)	$	(551.7)

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

	SIX MONTHS ENDED JUNE 30, 2026
(In Millions)	NET UNREALIZED GAINS (LOSSES) ON AVAILABLE FOR SALE DEBT SECURITIES(1)		NET UNREALIZED GAINS (LOSSES) ON CASH FLOW HEDGES		NET FOREIGN CURRENCY ADJUSTMENTS		NET PENSION AND OTHER POSTRETIREMENT BENEFIT ADJUSTMENTS		TOTAL
Balance at December 31, 2025	$	(401.3)	$	0.9	$	248.9	$	(439.0)	$	(590.5)
Net Change	28.1		(7.0)		10.6		7.1		38.8
Balance at June 30, 2026	$	(373.2)	$	(6.1)	$	259.5	$	(431.9)	$	(551.7)

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

	THREE MONTHS ENDED JUNE 30, 2025
	NET UNREALIZED GAINS (LOSSES) ON AVAILABLE FOR SALE DEBT SECURITIES(1)		NET UNREALIZED GAINS (LOSSES) ON CASH FLOW HEDGES		NET FOREIGN CURRENCY ADJUSTMENTS		NET PENSION AND OTHER POSTRETIREMENT BENEFIT ADJUSTMENTS		TOTAL
Balance at March 31, 2025	$	(527.1)	$	0.1	$	237.8	$	(450.3)	$	(739.5)
Net Change	45.9		(0.1)		(7.7)		2.2		40.3
Balance at June 30, 2025	$	(481.2)	$	—	$	230.1	$	(448.1)	$	(699.2)

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

	SIX MONTHS ENDED JUNE 30, 2025
	NET UNREALIZED GAINS (LOSSES) ON AVAILABLE FOR SALE DEBT SECURITIES(1)		NET UNREALIZED GAINS (LOSSES) ON CASH FLOW HEDGES		NET FOREIGN CURRENCY ADJUSTMENTS		NET PENSION AND OTHER POSTRETIREMENT BENEFIT ADJUSTMENTS		TOTAL
Balance at December 31, 2024	$	(598.1)	$	0.6	$	233.1	$	(449.6)	$	(814.0)
Net Change	116.9		(0.6)		(3.0)		1.5		114.8
Balance at June 30, 2025	$	(481.2)	$	—	$	230.1	$	(448.1)	$	(699.2)

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

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

TABLE 57: DETAILS OF CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

THREE MONTHS ENDED JUNE 30,	2026						2025
(In Millions)	PRE-TAX		TAX		AFTER TAX		PRE-TAX		TAX		AFTER TAX
Available for Sale Debt Securities
Unrealized Gains (Losses) on Available for Sale Debt Securities	$	5.4	$	(3.3)	$	2.1	$	37.9	$	(11.4)	$	26.5
Reclassification Adjustments for (Gains) Losses Included in Net Income:
Interest Income on Debt Securities(1)	22.7		(5.7)		17.0		25.7		(6.3)		19.4
Net (Gains) Losses on Debt Securities(2)	73.9		(20.3)		53.6		—		—		—
Net Change	$	102.0	$	(29.3)	$	72.7	$	63.6	$	(17.7)	$	45.9
Cash Flow Hedges
Unrealized Gains (Losses) on Cash Flow Hedges	$	6.1	$	(2.1)	$	4.0	$	3.2	$	(0.7)	$	2.5
Reclassification Adjustment for (Gains) Losses Included in Net Income(3)	(8.5)		2.8		(5.7)		(3.4)		0.8		(2.6)
Net Change	$	(2.4)	$	0.7	$	(1.7)	$	(0.2)	$	0.1	$	(0.1)
Foreign Currency Adjustments
Foreign Currency Translation Adjustments	$	(14.6)	$	—	$	(14.6)	$	206.0	$	(4.3)	$	201.7
Long-Term Intra-Entity Foreign Currency Transaction Gains (Losses)	0.5		—		0.5		0.4		—		0.4
Net Investment Hedge Gains (Losses)	30.7		(7.6)		23.1		(278.1)		68.3		(209.8)
Net Change	$	16.6	$	(7.6)	$	9.0	$	(71.7)	$	64.0	$	(7.7)
Pension and Other Postretirement Benefit Adjustments
Net Actuarial Gains (Losses)	$	(0.3)	$	0.1	$	(0.2)	$	—	$	(0.1)	$	(0.1)
Reclassification Adjustment for (Gains) Losses Included in Net Income(4)
Amortization of Net Actuarial Loss	6.4		(1.5)		4.9		3.0		(0.7)		2.3
Amortization of Prior Service Cost (Credit)	0.3		(0.1)		0.2		—		—		—
Net Change	$	6.4	$	(1.5)	$	4.9	$	3.0	$	(0.8)	$	2.2
Total Net Change	$	122.6	$	(37.7)	$	84.9	$	(5.3)	$	45.6	$	40.3

(1) The pre-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 gains (losses) on AFS debt securities before-tax reclassification adjustment is recorded in Investment Security Gains (Losses), net on the consolidated statements of income.

(3) See Note 21, "Derivative Financial Instruments" for the location of the reclassification adjustment related to cash flow hedges.

(4) The pension and other postretirement benefit pre-tax reclassification adjustment is recorded in Compensation and Benefits expense on the consolidated statements of income.

SIX MONTHS ENDED JUNE 30,	2026						2025
(In Millions)	PRE-TAX		TAX		AFTER TAX		PRE-TAX		TAX		AFTER TAX
Available for Sale Debt Securities
Unrealized Gains (Losses) on Available for Sale Debt Securities	$	(80.9)	$	19.8	$	(61.1)	$	109.1	$	(30.3)	$	78.8
Reclassification Adjustments for (Gains) Losses Included in Net Income:
Interest Income on Debt Securities(1)	47.2		(11.6)		35.6		50.5		(12.4)		38.1
Net (Gains) Losses on Debt Securities(2)	73.9		(20.3)		53.6		—		—		—
Net Change	$	40.2	$	(12.1)	$	28.1	$	159.6	$	(42.7)	$	116.9
Cash Flow Hedges
Unrealized Gains (Losses) on Cash Flow Hedges	$	12.5	$	(4.5)	$	8.0	$	13.0	$	(3.1)	$	9.9
Reclassification Adjustment for (Gains) Losses Included in Net Income(3)	(21.9)		6.9		(15.0)		(13.9)		3.4		(10.5)
Net Change	$	(9.4)	$	2.4	$	(7.0)	$	(0.9)	$	0.3	$	(0.6)
Foreign Currency Adjustments
Foreign Currency Translation Adjustments	$	(77.2)	$	—	$	(77.2)	$	297.4	$	(4.9)	$	292.5
Long-Term Intra-Entity Foreign Currency Transaction Gains (Losses)	0.9		—		0.9		0.6		—		0.6
Net Investment Hedge Gains (Losses)	115.3		(28.4)		86.9		(392.4)		96.3		(296.1)
Net Change	$	39.0	$	(28.4)	$	10.6	$	(94.4)	$	91.4	$	(3.0)
Pension and Other Postretirement Benefit Adjustments
Net Actuarial Gains (Losses)	$	(5.7)	$	2.5	$	(3.2)	$	(3.4)	$	0.3	$	(3.1)
Reclassification Adjustment for (Gains) Losses Included in Net Income(4)
Amortization of Net Actuarial Loss	12.8		(3.1)		9.7		6.0		(1.4)		4.6
Amortization of Prior Service Cost (Credit)	0.8		(0.2)		0.6		—		—		—
Net Change	$	7.9	$	(0.8)	$	7.1	$	2.6	$	(1.1)	$	1.5
Total Net Change	$	77.7	$	(38.9)	$	38.8	$	66.9	$	47.9	$	114.8

(1) The pre-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 gains (losses) on AFS debt securities before-tax reclassification adjustment is recorded in Investment Security Gains (Losses), net on the consolidated statements of income.

(3) See Note 21, "Derivative Financial Instruments" for the location of the reclassification adjustment related to cash flow hedges.

(4) The pension and other postretirement benefit pre-tax reclassification adjustment is recorded in Compensation and Benefits expense on the consolidated statements of income.