ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

3 Months Ended

Mar. 31, 2020

Equity [Abstract]

RECLASSIFICATIONS OUT OF ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

NOTE 10 - ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The following table presents the changes in the balances, net of income taxes, of each component of AOCI:

	As of and for the Three Months Ended March 31,
(in millions)	Net Unrealized (Losses) Gains on Derivatives			Net Unrealized (Losses) Gains on Debt Securities			Employee Benefit Plans			Total AOCI
Balance at January 1, 2019		($143	)		($490	)		($463	)		($1,096	)
Other comprehensive income before reclassifications	39			246			—			285
Amounts reclassified to the Consolidated Statements of Operations	15			(5		)	3			13
Net other comprehensive income	54			241			3			298
Cumulative effect of change in accounting principle	—			5			—			5
Balance at March 31, 2019		($89	)		($244	)		($460	)		($793	)
Balance at January 1, 2020		$3			$1			($415	)		($411	)
Other comprehensive income before reclassifications	96			400			—			496
Amounts reclassified to the Consolidated Statements of Operations	(3		)	—			3			—
Net other comprehensive income	93			400			3			496
Balance at March 31, 2020		$96			$401			($412	)		$85
Primary location of amounts reclassified to the Consolidated Statements of Operations	Net interest income			Securities gain, net			Other operating expense