XML 62 R46.htm IDEA: XBRL DOCUMENT v3.22.4
Accumulated Other Comprehensive (Loss) Income (Tables)
12 Months Ended
Dec. 31, 2022
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule Of Accumulated Other Comprehensive Income (Loss)
The following table presents a reconciliation of the changes in the components of accumulated other comprehensive (loss) income and details the components of other comprehensive (loss) income for the years ended December 31, 2022, 2021 and 2020, including the amount of income tax (benefit) expense allocated to each component of other comprehensive (loss) income.
(in millions)
Years Ended December 31202220212020
Accumulated net unrealized losses on investment securities:
Balance at beginning of period, net of tax$(99)$211 $65 
Net unrealized (losses) gains arising during the period(2,903)(406)191 
Less: (Benefit) provision for income taxes(683)(96)45 
Change in net unrealized (losses) gains on investment securities, net of tax(2,220)(310)146 
Balance at end of period, net of tax$(2,319)$(99)$211 
Accumulated net (losses) gains on cash flow hedges:
Balance at beginning of period, net of tax$55 $155 $34 
Net cash flow hedge (losses) gains arising during the period(1,329)(35)229 
Less: (Benefit) provision for income taxes(313)(8)56 
Change in net cash flow hedge (losses) gains arising during the period, net of tax(1,016)(27)173 
Less:
Net cash flow (losses) gains included in interest and fees on loans(25)95 70 
Less: (Benefit) provision for income taxes(6)22 18 
Reclassification adjustment for net cash flow hedge (losses) gains included in net income, net of tax(19)73 52 
Change in net cash flow hedge (losses) gains, net of tax(997)(100)121 
Balance at end of period, net of tax (a)$(942)$55 $155 
Accumulated defined benefit pension and other postretirement plans adjustment:
Balance at beginning of period, net of tax $(168)$(302)$(415)
Actuarial (loss) gain arising during the period(415)159 128 
Prior service credit arising during the period — 
Net defined benefit pension and other postretirement plans adjustment arising during the period(415)160 128 
Less: (Benefit) provision for income taxes(98)38 31 
Net defined benefit pension and other postretirement plans adjustment arising during the period, net of tax (317)122 97 
Amounts recognized in other noninterest expenses:
Amortization of actuarial net loss 28 40 47 
Amortization of prior service credit(23)(25)(27)
Total amounts recognized in other noninterest expenses 5 15 20 
Less: Provision for income taxes1 
Adjustment for amounts recognized as components of net periodic benefit credit during the period, net of tax 4 12 16 
Change in defined benefit pension and other postretirement plans adjustment, net of tax (313)134 113 
Balance at end of period, net of tax $(481)$(168)$(302)
Total accumulated other comprehensive (loss) income at end of period, net of tax$(3,742)$(212)$64 
(a)The Corporation expects to reclassify $428 million of losses, net of tax, from accumulated other comprehensive loss to earnings over the next twelve months if interest yield curves and notional amounts remain at December 31, 2022 levels.