Changes in Accumulated Other Comprehensive (Loss) Income (Tables)

3 Months Ended

Mar. 31, 2013

Components of Comprehensive Income, net of tax [Abstract]

Components of comprehensive income (loss), net of tax

Changes in each component of AOCI for the three months ended March 31 were as follows:

2013 (Millions), net of tax	Net Unrealized Gains (Losses) on Investment Securities		Net Unrealized Gains (Losses) on Cash Flow Hedges		Foreign Currency Translation Adjustments		Net Unrealized Pension and Other Postretirement Benefit Losses		Accumulated Other Comprehensive (Loss) Income
Balances as of December 31, 2012	$	315	$	―	$	(754)	$	(488)	$	(927)
Net unrealized gains (losses)		(12)								(12)
Reclassification for realized (gains) losses into earnings		(23)								(23)
Net translation of investments in foreign operations						11				11
Net losses related to hedges of investment in foreign operations						(56)				(56)
Pension and other postretirement benefit losses								27		27
Net change in accumulated other comprehensive (loss) income		(35)		―		(45)		27		(53)
Balances as of March 31, 2013	$	280	$	―	$	(799)	$	(461)	$	(980)

2012 (Millions), net of tax	Net Unrealized Gains (Losses) on Investment Securities		Net Unrealized Gains (Losses) on Cash Flow Hedges		Foreign Currency Translation Adjustments		Net Unrealized Pension and Other Postretirement Benefit Losses		Accumulated Other Comprehensive (Loss) Income
Balances as of December 31, 2011	$	288	$	(1)	$	(682)	$	(481)	$	(876)
Net unrealized gains (losses)		34								34
Reclassification for realized (gains) losses into earnings		(14)		1						(13)
Net translation of investments in foreign operations						322				322
Net losses related to hedges of investment in foreign operations						(250)				(250)
Pension and other postretirement benefit losses								6		6
Net change in accumulated other comprehensive (loss) income		20		1		72		6		99
Balances as of March 31, 2012	$	308	$	―	$	(610)	$	(475)	$	(777)

Reclassification out of accumulated other comprehensive (loss) income

The following table presents the effects of reclassifications out of AOCI and into the Consolidated Statement of Income for the three months ended March 31, 2013:

Description (Millions)	Income Statement Line Item	Amount
Net gain in AOCI reclassifications for previously unrealized net gains on investment securities	Other non-interest revenues	$	(36)
Related income tax expense	Income tax provision		13
Total		$	(23)

- Definition

Tabular disclosure of components of comprehensive income (loss) including, but not limited to: (a) foreign currency translation adjustments; (b) gains (losses) on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (c) gains (losses) on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (d) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (e) unrealized holding gains (losses) on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (f) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (g) the net gain (loss) and net prior service cost or credit for pension plans and other postretirement benefit plans.

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