ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

12 Months Ended

Dec. 31, 2025

The following table summarizes the components of the Company’s OCI:


(dollars in millions)	Pre-tax	Tax Effect	After-tax
Year Ended December 31, 2025
Net unrealized gains (losses) on cash flow hedges arising during the period	$341	($91)	$250
Reclassification of net (gains) losses on cash flow hedges to earnings	761	(204)	557
Net unrealized gains (losses) on cash flow hedges	1,102	(295)	807
Net unrealized gains (losses) on AFS securities arising during the period	946	(243)	703
Reclassification of net (gains) losses on investment securities to earnings	83	(20)	63
Net unrealized gains (losses) on investment securities	1,029	(263)	766
Net actuarial gain (loss) arising during the period	63	(18)	45
Amortization of actuarial (gain) loss to earnings	10	(3)	7
Defined benefit plans	73	(21)	52
Total other comprehensive income (loss)	$2,204	($579)	$1,625
Year Ended December 31, 2024
Net unrealized gains (losses) on cash flow hedges arising during the period	($725)	$194	($531)
Reclassification of net (gains) losses on cash flow hedges to earnings	946	(253)	693
Net unrealized gains (losses) on cash flow hedges	221	(59)	162
Net unrealized gains (losses) on AFS securities arising during the period	(117)	27	(90)
Reclassification of net (gains) losses on investment securities to earnings	78	(19)	59
Net unrealized gains (losses) on investment securities	(39)	8	(31)
Net actuarial gain (loss) arising during the period	26	(7)	19
Amortization of actuarial (gain) loss to earnings	17	(4)	13
Defined benefit plans	43	(11)	32
Total other comprehensive income (loss)	$225	($62)	$163
Year Ended December 31, 2023
Net unrealized gains (losses) on cash flow hedges arising during the period	($145)	$39	($106)
Reclassification of net (gains) losses on cash flow hedges to earnings	596	(161)	435
Net unrealized gains (losses) on cash flow hedges	451	(122)	329
Net unrealized gains (losses) on AFS securities arising during the period	469	(119)	350
Reclassification of net (gains) losses on investment securities to earnings	111	(28)	83
Net unrealized gains (losses) on investment securities	580	(147)	433
Net actuarial gain (loss) arising during the period	43	(15)	28
Amortization of actuarial (gain) loss to earnings	17	(5)	12
Defined benefit plans	60	(20)	40
Total other comprehensive income (loss)	$1,091	($289)	$802

Schedule of other comprehensive income

The following table summarizes the activity in each component of AOCI, net of income taxes:


(dollars in millions)	Net Unrealized Gains (Losses) on Cash Flow Hedges	Net Unrealized Gains (Losses) on Investment Securities	Defined Benefit Plans	Total AOCI
Balance at January 1, 2023	($1,416)	($2,771)	($373)	($4,560)
Other comprehensive income (loss) before reclassifications	(106)	350	28	272

Amounts reclassified from AOCI to earnings	435	83	12	530
Total other comprehensive income (loss)	329	433	40	802

Balance at December 31, 2023	($1,087)	($2,338)	($333)	($3,758)
Other comprehensive income (loss) before reclassifications	(531)	(90)	19	(602)

Amounts reclassified from AOCI to earnings	693	59	13	765
Total other comprehensive income (loss)	162	(31)	32	163

Balance at December 31, 2024	($925)	($2,369)	($301)	($3,595)
Other comprehensive income (loss) before reclassifications	250	703	45	998
Amounts reclassified from AOCI to earnings	557	63	7	627
Total other comprehensive income (loss)	807	766	52	1,625

Balance at December 31, 2025	($118)	($1,603)	($249)	($1,970)
Primary location in the Consolidated Statements of Operations of amounts reclassified from AOCI	Net interest income	Securities gains, net and Net interest income	Other operating expense