Accumulated Other Comprehensive Income (Tables)

9 Months Ended

Sep. 30, 2025

Equity [Abstract]

Schedule of Changes in AOCI

Our changes in AOCI for the three and nine months ended September 30, 2025, and September 30, 2024, are as follows:

Dollars in millions	Unrealized gains (losses) on securities available for sale		Unrealized gains (losses) on derivative financial instruments		Net pension and postretirement benefit costs		Total
Balance at December 31, 2024	$	(2,734)	$	(434)	$	(302)	$	(3,470)
Other comprehensive income before reclassification, net of income taxes	877		161		66		1,104
Amounts reclassified from AOCI, net of income taxes (a)	—		215		2		217
Net current-period other comprehensive income, net of income taxes	877		376		68		1,321
Balance at September 30, 2025	$	(1,857)	$	(58)	$	(234)	$	(2,149)
Balance at June 30, 2025	$	(2,158)	$	(108)	$	(235)	$	(2,501)
Other comprehensive income before reclassification, net of income taxes	301		(24)		(1)		276
Amounts reclassified from AOCI, net of income taxes (a)	—		74		2		76
Net current-period other comprehensive income, net of income taxes	301		50		1		352
Balance at September 30, 2025	$	(1,857)	$	(58)	$	(234)	$	(2,149)

Balance at December 31, 2023	$	(4,190)	$	(763)	$	(276)	$	(5,229)
Other comprehensive income before reclassification, net of income taxes	850		(85)		—		765
Amounts reclassified from AOCI, net of income taxes (a)	721		458		4		1,183
Net current-period other comprehensive income, net of income taxes	1,571		373		4		1,948
Balance at September 30, 2024	$	(2,619)	$	(390)	$	(272)	$	(3,281)
Balance at June 30, 2024	$	(4,282)	$	(589)	$	(273)	$	(5,144)
Other comprehensive income before reclassification, net of income taxes	951		57		(1)		1,007
Amounts reclassified from AOCI, net of income taxes (a)	712		142		2		856
Net current-period other comprehensive income, net of income taxes	1,663		199		1		1,863
Balance at September 30, 2024	$	(2,619)	$	(390)	$	(272)	$	(3,281)

(a)See table below for details about these reclassifications.

Schedule of Reclassifications Out of AOCI

Our reclassifications out of AOCI for the three and nine months ended September 30, 2025, and September 30, 2024, are as follows:

	Three months ended September 30,				Affected Line Item in the Consolidated Statement of Income
Dollars in millions	2025		2024
Unrealized gains (losses) on securities available for sale
Realized gains	$	—	$	—	Net securities gains (losses)
Realized losses	—		(935)		Net securities gains (losses)
	—		(935)		Income (loss) from continuing operations before income taxes
	—		(223)		Income taxes
	$	—	$	(712)	Income (loss) from continuing operations
Unrealized gains (losses) on derivative financial instruments
Interest rate	$	(98)	$	(184)	Interest income — Loans
Interest rate	—		—		Interest expense — Long-term debt
Interest rate	—		(3)		Investment banking and debt placement fees
	(98)		(187)		Income (loss) from continuing operations before income taxes
	(24)		(45)		Income taxes
	$	(74)	$	(142)	Income (loss) from continuing operations
Net pension and postretirement benefit costs
Amortization of losses	$	(2)	$	(3)	Other expense
Settlement loss	—		—		Other expense
Amortization of unrecognized prior service credit	—		—		Other expense
	(2)		(3)		Income (loss) from continuing operations before income taxes
	—		(1)		Income taxes
	$	(2)	$	(2)	Income (loss) from continuing operations

	Nine months ended September 30,				Affected Line Item in the Consolidated Statement of Income
Dollars in millions	2025		2024
Unrealized gains (losses) on available for sale securities
Realized gains	$	—	$	—	Net securities gains (losses)
Realized losses	—		(948)		Net securities gains (losses)
	—		(948)		Income (loss) from continuing operations before income taxes
	—		(227)		Income taxes
	$	—	$	(721)	Income (loss) from continuing operations
Unrealized gains (losses) on derivative financial instruments
Interest rate	$	(281)	$	(599)	Interest income — Loans
Interest rate	(2)		(1)		Interest expense — Long-term debt
Interest rate	—		(2)		Investment banking and debt placement fees
	(283)		(602)		Income (loss) from continuing operations before income taxes
	(68)		(144)		Income taxes
	$	(215)	$	(458)	Income (loss) from continuing operations
Net pension and postretirement benefit costs
Amortization of losses	$	(5)	$	(8)	Other expense
Settlement loss	—		—		Other expense
Amortization of unrecognized prior service credit	1		1		Other expense
	(4)		(7)		Income (loss) from continuing operations before income taxes
	(2)		(3)		Income taxes
	$	(2)	$	(4)	Income (loss) from continuing operations