ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

3 Months Ended

Mar. 31, 2026

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


(dollars in millions)	Pre-tax	Tax Effect	After-tax
Three Months Ended March 31, 2026
Net unrealized gains (losses) on cash flow hedges arising during the period	($169)	$45	($124)
Reclassification of net (gains) losses on cash flow hedges to earnings	113	(30)	83
Net unrealized gains (losses) on cash flow hedges	(56)	15	(41)
Net unrealized gains (losses) on AFS securities arising during the period	(133)	33	(100)
Reclassification of net (gains) losses on investment securities to earnings	25	(6)	19
Net unrealized gains (losses) on investment securities	(108)	27	(81)
Net actuarial gain (loss) arising during the period	—	—	—
Amortization of actuarial (gain) loss to earnings	5	(1)	4
Defined benefit plans	5	(1)	4
Total other comprehensive income (loss)	($159)	$41	($118)
Three Months Ended March 31, 2025
Net unrealized gains (losses) on cash flow hedges arising during the period	$284	($76)	$208
Reclassification of net (gains) losses on cash flow hedges to earnings	202	(54)	148
Net unrealized gains (losses) on cash flow hedges	486	(130)	356
Net unrealized gains (losses) on AFS securities arising during the period	377	(95)	282
Reclassification of net (gains) losses on investment securities to earnings	17	(4)	13
Net unrealized gains (losses) on investment securities	394	(99)	295
Net actuarial gain (loss) arising during the period	—	—	—
Amortization of actuarial (gain) loss to earnings	4	(1)	3
Defined benefit plans	4	(1)	3
Total other comprehensive income (loss)	$884	($230)	$654

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
Three Months Ended March 31, 2026
Balance at January 1, 2026	($118)	($1,603)	($249)	($1,970)
Other comprehensive income (loss) before reclassifications	(124)	(100)	—	(224)
Amounts reclassified from AOCI to earnings	83	19	4	106
Total other comprehensive income (loss)	(41)	(81)	4	(118)
Balance at March 31, 2026	($159)	($1,684)	($245)	($2,088)
Three Months Ended March 31, 2025
Balance at January 1, 2025	($925)	($2,369)	($301)	($3,595)
Other comprehensive income (loss) before reclassifications	208	282	—	490
Amounts reclassified from AOCI to earnings	148	13	3	164
Total other comprehensive income (loss)	356	295	3	654
Balance at March 31, 2025	($569)	($2,074)	($298)	($2,941)















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