Accumulated Other Comprehensive Income

12 Months Ended

Dec. 31, 2025

20. Accumulated Other Comprehensive Income

The following table summarizes our changes in AOCI:


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, 2022	$	(4,895)	$	(1,124)	$	(276)	$	(6,295)
Other comprehensive income before reclassification, net of income taxes	702		(364)		(18)		320
Amounts reclassified from accumulated other comprehensive income, net of income taxes (a)	3		725		18		746
Net current-period other comprehensive income, net of income taxes	705		361		—		1,066
Balance at December 31, 2023	$	(4,190)	$	(763)	$	(276)	$	(5,229)
Other comprehensive income before reclassification, net of income taxes	38		(230)		(30)		(222)
Amounts reclassified from accumulated other comprehensive income, net of income taxes (a)	1,418		559		4		1,981

Net current-period other comprehensive income, net of income taxes	1,456		329		(26)		1,759
Balance at December 31, 2024	$	(2,734)	$	(434)	$	(302)	$	(3,470)
Other comprehensive income before reclassification, net of income taxes	1,018		154		61		1,233
Amounts reclassified from accumulated other comprehensive income, net of income taxes (a)	—		273		4		277

Net current-period other comprehensive income, net of income taxes	1,018		427		65		1,510
Balance at December 31, 2025	$	(1,716)	$	(7)	$	(237)	$	(1,960)

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

Our reclassifications out of AOCI, are as follows:


	Twelve Months Ended December 31,						Affected Line Item in the Consolidated Statement of Income
Dollars in millions	2025		2024		2023
Unrealized gains (losses) on available for sale securities

Realized losses	$	—	$	(1,863)	$	(4)	Net securities gains (losses)
	—		(1,863)		(4)		Income (loss) from continuing operations before income taxes
	—		(445)		(1)		Income taxes
	$	—	$	(1,418)	$	(3)	Income (loss) from continuing operations
Unrealized gains (losses) on derivative financial instruments
Interest rate	$	(358)	$	(733)	$	(956)	Interest income — Loans
Interest rate	(2)		(2)		(2)		Interest expense — Long-term debt
Interest rate	—		—		5		Investment banking and debt placement fees

	(360)		(735)		(953)		Income (loss) from continuing operations before income taxes
	(87)		(176)		(228)		Income taxes
	$	(273)	$	(559)	$	(725)	Income (loss) from continuing operations





Net pension and postretirement benefit costs
Amortization of losses	$	(7)	$	(8)	$	(8)	Other expense
Settlement loss	—		—		(18)		Other expense
Amortization of prior service credit	1		1		1		Other expense
	(6)		(7)		(25)		Income (loss) from continuing operations before income taxes
	(2)		(3)		(7)		Income taxes
	$	(4)	$	(4)	$	(18)	Income (loss) from continuing operations