XML 59 R45.htm IDEA: XBRL DOCUMENT
v3.20.2

Accumulated Other Comprehensive (Loss) Income (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2020
Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Schedule of Accumulated Other Comprehensive Loss | The following tables present changes, net of tax, in each component of accumulated other comprehensive income (loss).
| Three months ended June 30,
($ in millions) | Unrealized (losses) gains on investment securities (a) |  | Translation adjustments and net investment hedges (b) |  | Cash flow hedges (b) |  | Defined benefit pension plans |  | Accumulated other comprehensive income (loss)
Balance at April 1, 2019 | $ | (158 | ) |  | $ | 18 |  |  | $ | 11 |  |  | $ | (96 | ) |  | $ | (225 | )
Net change | 291 |  |  | 1 |  |  | 17 |  |  | — |  |  | 309 |
Balance at June 30, 2019 | $ | 133 |  |  | $ | 19 |  |  | $ | 28 |  |  | $ | (96 | ) |  | $ | 84 |
Balance at April 1, 2020 | $ | 661 |  |  | $ | 18 |  |  | $ | 130 |  |  | $ | (103 | ) |  | $ | 706 |
Net change | 122 |  |  | 1 |  |  | (14 | ) |  | — |  |  | 109 |
Balance at June 30, 2020 | $ | 783 |  |  | $ | 19 |  |  | $ | 116 |  |  | $ | (103 | ) |  | $ | 815 |
(a) | Represents the after-tax difference between the fair value and amortized cost of our available-for-sale securities portfolio.
(b) | For additional information on derivative instruments and hedging activities, refer to Note 18.
| Six months ended June 30,
($ in millions) | Unrealized (losses) gains on investment securities (a) |  | Translation adjustments and net investment hedges (b) |  | Cash flow hedges (b) |  | Defined benefit pension plans |  | Accumulated other comprehensive income (loss)
Balance at December 31, 2018 | $ | (481 | ) |  | $ | 18 |  |  | $ | 19 |  |  | $ | (95 | ) |  | $ | (539 | )
Cumulative effect of changes in accounting principles, net of tax |  |  |  |  |  |  |  |  |
Adoption of Accounting Standards Update 2017-08 (c) | 8 |  |  | — |  |  | — |  |  | — |  |  | 8 |
Balance at January 1, 2019 | (473 | ) |  | 18 |  |  | 19 |  |  | (95 | ) |  | (531 | )
Net change | 606 |  |  | 1 |  |  | 9 |  |  | (1 | ) |  | 615 |
Balance at June 30, 2019 | $ | 133 |  |  | $ | 19 |  |  | $ | 28 |  |  | $ | (96 | ) |  | $ | 84 |
Balance at December 31, 2019 | $ | 208 |  |  | $ | 19 |  |  | $ | 2 |  |  | $ | (106 | ) |  | $ | 123 |
Net change | 575 |  |  | — |  |  | 114 |  |  | 3 |  |  | 692 |
Balance at June 30, 2020 | $ | 783 |  |  | $ | 19 |  |  | $ | 116 |  |  | $ | (103 | ) |  | $ | 815 |
(a) | Represents the after-tax difference between the fair value and amortized cost of our available-for-sale securities portfolio.
(b) | For additional information on derivative instruments and hedging activities, refer to Note 18.
(c) Refer to the section titled Recently Adopted Accounting Standards in Note 1 to the Consolidated Financial Statements in our 2019 Annual Report on Form 10-K for additional information.
Reclassification out of Accumulated Other Comprehensive Income | The following tables present the before- and after-tax changes in each component of accumulated other comprehensive income (loss).
Three months ended June 30, 2020 ($ in millions) | Before tax |  | Tax effect |  | After tax
Investment securities |  |  |  |  |
Net unrealized gains arising during the period | $ | 175 |  |  | $ | (38 | ) |  | $ | 137 |
Less: Net realized gains reclassified to income from continuing operations | 19 |  | (a) | (4 | ) | (b) | 15 |
Net change | 156 |  |  | (34 | ) |  | 122 |
Translation adjustments |  |  |  |  |
Net unrealized gains arising during the period | 6 |  |  | (1 | ) |  | 5 |
Net investment hedges (c) |  |  |  |  |
Net unrealized losses arising during the period | (5 | ) |  | 1 |  |  | (4 | )
Cash flow hedges (c) |  |  |  |  |
Less: Net realized gains reclassified to income from continuing operations | 19 |  |  | (5 | ) |  | 14 |
Other comprehensive income | $ | 138 |  |  | $ | (29 | ) |  | $ | 109 |
(a) | Includes gains reclassified to other gain on investments, net in our Condensed Consolidated Statement of Comprehensive Income.
(b) | Includes amounts reclassified to income tax expense from continuing operations in our Condensed Consolidated Statement of Comprehensive Income.
(c) | For additional information on derivative instruments and hedging activities, refer to Note 18.
Three months ended June 30, 2019 ($ in millions) | Before tax |  | Tax effect |  | After tax
Investment securities |  |  |  |  |
Net unrealized gains arising during the period | $ | 404 |  |  | $ | (95 | ) |  | $ | 309 |
Less: Net realized gains reclassified to income from continuing operations | 24 |  | (a) | (6 | ) | (b) | 18 |
Net change | 380 |  |  | (89 | ) |  | 291 |
Translation adjustments |  |  |  |  |
Net unrealized gains arising during the period | 4 |  |  | (1 | ) |  | 3 |
Net investment hedges (c) |  |  |  |  |
Net unrealized losses arising during the period | (3 | ) |  | 1 |  |  | (2 | )
Cash flow hedges (c) |  |  |  |  |
Net unrealized gains arising during the period | 26 |  |  | (6 | ) |  | 20 |
Less: Net realized gains reclassified to income from continuing operations | 4 |  |  | (1 | ) |  | 3 |
Net change | 22 |  |  | (5 | ) |  | 17 |
Other comprehensive income | $ | 403 |  |  | $ | (94 | ) |  | $ | 309 |
(a) | Includes gains reclassified to other gain on investments, net in our Condensed Consolidated Statement of Comprehensive Income.
(b) | Includes amounts reclassified to income tax expense from continuing operations in our Condensed Consolidated Statement of Comprehensive Income.
(c) | For additional information on derivative instruments and hedging activities, refer to Note 18.
Six months ended June 30, 2020 ($ in millions) | Before tax |  | Tax effect |  | After tax
Investment securities |  |  |  |  |
Net unrealized gains arising during the period | $ | 877 |  |  | $ | (206 | ) |  | $ | 671 |
Less: Net realized gains reclassified to income from continuing operations | 124 |  | (a) | (28 | ) | (b) | 96 |
Net change | 753 |  |  | (178 | ) |  | 575 |
Translation adjustments |  |  |  |  |
Net unrealized losses arising during the period | (7 | ) |  | 2 |  |  | (5 | )
Net investment hedges (c) |  |  |  |  |
Net unrealized gains arising during the period | 7 |  |  | (2 | ) |  | 5 |
Cash flow hedges (c) |  |  |  |  |
Net unrealized gains arising during the period | 169 |  |  | (41 | ) |  | 128 |
Less: Net realized gains reclassified to income from continuing operations | 19 |  |  | (5 | ) |  | 14 |
Net change | 150 |  |  | (36 | ) |  | 114 |
Defined benefit pension plans |  |  |  |  |
Net unrealized gains arising during the period | 4 |  |  | (1 | ) |  | 3 |
Other comprehensive income | $ | 907 |  |  | $ | (215 | ) |  | $ | 692 |
(a) | Includes gains reclassified to other gain on investments, net in our Condensed Consolidated Statement of Comprehensive Income.
(b) | Includes amounts reclassified to income tax expense from continuing operations in our Condensed Consolidated Statement of Comprehensive Income.
(c) | For additional information on derivative instruments and hedging activities, refer to Note 18.
Six months ended June 30, 2019 ($ in millions) | Before tax |  | Tax effect |  | After tax
Investment securities |  |  |  |  |
Net unrealized gains arising during the period | $ | 825 |  |  | $ | (194 | ) |  | $ | 631 |
Less: Net realized gains reclassified to income from continuing operations | 33 |  | (a) | (8 | ) | (b) | 25 |
Net change | 792 |  |  | (186 | ) |  | 606 |
Translation adjustments |  |  |  |  |
Net unrealized gains arising during the period | 6 |  |  | (2 | ) |  | 4 |
Net investment hedges (c) |  |  |  |  |
Net unrealized losses arising during the period | (5 | ) |  | 2 |  |  | (3 | )
Cash flow hedges (c) |  |  |  |  |
Net unrealized losses arising during the period | 21 |  |  | (5 | ) |  | 16 |
Less: Net realized gains reclassified to income from continuing operations | 9 |  |  | (2 | ) |  | 7 |
Net change | 12 |  |  | (3 | ) |  | 9 |
Defined benefit pension plans |  |  |  |  |
Net unrealized losses arising during the period | (1 | ) |  | — |  |  | (1 | )
Other comprehensive income | $ | 804 |  |  | $ | (189 | ) |  | $ | 615 |
(a) | Includes gains reclassified to other gain on investments, net in our Condensed Consolidated Statement of Comprehensive Income.
(b) | Includes amounts reclassified to income tax expense from continuing operations in our Condensed Consolidated Statement of Comprehensive Income.
(c) For additional information on derivative instruments and hedging activities, refer to Note 18.

X
- References No definition available. + Details
Name: | us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract
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=118930883&loc=SL7669686-108580 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration