XML 69 R48.htm IDEA: XBRL DOCUMENT
v3.10.0.1

RECLASSIFICATIONS OUT OF ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2018
Equity [Abstract] |
Schedule of other comprehensive income | The following table presents the changes in the balances, net of income taxes, of each component of AOCI:
(in millions) |  | Net Unrealized (Losses) Gains on Derivatives |  | Net Unrealized (Losses) Gains on Securities |  | Employee Benefit Plans |  | Total AOCI |
Balance at January 1, 2016 |  |  | $10 |  |  |  | ($28 | ) |  |  | ($369 | ) |  |  | ($387 | )
Other comprehensive loss before reclassifications |  | (62 | ) |  | (139 | ) |  | — |  |  | (201 | )
Other-than-temporary impairment not recognized in earnings on debt securities |  | — |  |  | (17 | ) |  | — |  |  | (17 | )
Amounts reclassified to the Consolidated Statements of Operations |  | (36 | ) |  | (2 | ) |  | (25 | ) |  | (63 | )
Net other comprehensive loss |  | (98 | ) |  | (158 | ) |  | (25 | ) |  | (281 | )
Balance at December 31, 2016 |  |  | ($88 | ) |  |  | ($186 | ) |  |  | ($394 | ) |  |  | ($668 | )
Other comprehensive loss before reclassifications |  | (14 | ) |  | (6 | ) |  | — |  |  | (20 | )
Amounts reclassified to the Consolidated Statements of Operations |  | (16 | ) |  | (2 | ) |  | 31 |  |  | 13 |
Net other comprehensive loss |  | (30 | ) |  | (8 | ) |  | 31 |  |  | (7 | )
Reclassification of tax effects resulting from the 2017 Tax Legislation (1) |  |  | ($25 | ) |  |  | ($42 | ) |  |  | ($78 | ) |  |  | ($145 | )
Balance at December 31, 2017 |  |  | ($143 | ) |  |  | ($236 | ) |  |  | ($441 | ) |  |  | ($820 | )
Other comprehensive loss before reclassifications |  | (33 | ) |  | (239 | ) |  | — |  |  | (272 | )
Other-than-temporary impairment not recognized in earnings on debt securities |  | — |  |  | (3 | ) |  | — |  |  | (3 | )
Amounts reclassified to the Consolidated Statements of Operations |  | 33 |  |  | (12 | ) |  | (22 | ) |  | (1 | )
Net other comprehensive loss |  | — |  |  | (254 | ) |  | (22 | ) |  | (276 | )
Balance at December 31, 2018 |  |  | ($143 | ) |  |  | ($490 | ) |  |  | ($463 | ) |  |  | ($1,096 | )
(1) As of December 31, 2017, the balance of AOCI reflects the retrospective adoption of FASB ASU 2018-02, Income Statement-Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income. For further discussion, see Note 22 “Income Taxes.”
Schedule of reclassification out of accumulated other comprehensive income | The following table presents the amounts reclassified out of each component of AOCI and into the Consolidated Statements of Operations:
| Year Ended December 31, |
(in millions) | 2018 |  |  | 2017 |  |  | 2016 |  |  |
Details about AOCI Components |  |  |  |  |  |  | Affected Line Item in the Consolidated Statements of Operations
Reclassification adjustment for net derivative (losses) gains included in net income: |  | ($55 | ) |  |  | $25 |  |  |  | $90 |  |  | Interest income
| 12 |  |  | — |  |  | (27 | ) |  | Interest expense
| — |  |  | — |  |  | (5 | ) |  | Other income
| (43 | ) |  | 25 |  |  | 58 |  |  | Income before income tax expense
| (10 | ) |  | 9 |  |  | 22 |  |  | Income tax expense
|  | ($33 | ) |  |  | $16 |  |  |  | $36 |  |  | Net income
Reclassification of net securities gains (losses) to net income: |  | $19 |  |  |  | $11 |  |  |  | $16 |  |  | Securities gains, net
| (3 | ) |  | (7 | ) |  | (12 | ) |  | Net debt securities impairment losses recognized in earnings
| 16 |  |  | 4 |  |  | 4 |  |  | Income before income tax expense
| 4 |  |  | 2 |  |  | 2 |  |  | Income tax expense
|  | $12 |  |  |  | $2 |  |  |  | $2 |  |  | Net income
Reclassification of changes related to the employee benefit plan: |  | $33 |  |  |  | ($48 | ) |  |  | $39 |  |  | Salaries and employee benefits
| 33 |  |  | (48 | ) |  | 39 |  |  | Income before income tax expense
| 11 |  |  | (17 | ) |  | 14 |  |  | Income tax expense
|  | $22 |  |  |  | ($31 | ) |  |  | $25 |  |  | Net income
Total reclassification gains (losses) |  | $1 |  |  |  | ($13 | ) |  |  | $63 |  |  | Net income
The following table presents the effects on net income of the amounts reclassified out of AOCI:
| Year Ended December 31,
(in millions) | 2018 |  |  | 2017 |  |  | 2016 |
Net interest income (includes ($43), $25 and $63 of AOCI reclassifications, respectively) |  | $4,532 |  |  |  | $4,173 |  |  |  | $3,758 |
Provision for credit losses | 326 |  |  | 321 |  |  | 369 |
Noninterest income (includes $16, $4 and ($1) of AOCI reclassifications, respectively) | 1,596 |  |  | 1,534 |  |  | 1,497 |
Noninterest expense (includes ($33), $48 and ($39) of AOCI reclassifications, respectively) | 3,619 |  |  | 3,474 |  |  | 3,352 |
Income before income tax expense | 2,183 |  |  | 1,912 |  |  | 1,534 |
Income tax expense (includes $5, ($6) and $38 income tax net expense from reclassification items, respectively) | 462 |  |  | 260 |  |  | 489 |
Net income |  | $1,721 |  |  |  | $1,652 |  |  |  | $1,045 |

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=114867106&loc=SL7669686-108580 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration