Reclassifications Out of Accumulated Other Comprehensive Loss

9 Months Ended

Sep. 30, 2021

Note 3: Reclassifications out of Accumulated Other Comprehensive Loss


	For the Nine Months Ended September 30, 2021
(dollars in millions) Details about Accumulated Other Comprehensive Loss	Amount Reclassified out of Accumulated Other Comprehensive Loss (1)			Affected Line Item in the Consolidated Statements of Income and Comprehensive Income
Unrealized gains (losses) on available-for-sale securities:	$	—		Net gain (losses) on securities
		—		Income tax expense
	$	—		Net gain (losses) on securities, net of tax

Unrealized loss on cash flow hedges:	$	(18	)	Interest expense
		4		Income tax benefit
	$	(14	)	Net loss on cash flow hedges, net of tax
Amortization of defined benefit pension plan items:
Past service liability	$	—		Included in the computation of net periodic credit(2)
Actuarial losses		(5	)	Included in the computation of net periodic cost (2)
		(5	)	Total before tax
		1		Income tax benefit
	$	(4	)	Amortization of defined benefit pension plan items, net of tax
Total reclassifications for the period	$	(18	)

(1)

Amounts in parentheses indicate expense items.

(2)

See Note 8, “Pension and Other Post-Retirement Benefits,” for additional information.