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Accumulated Other Comprehensive Loss
3 Months Ended
Mar. 31, 2025
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Loss ACCUMULATED OTHER COMPREHENSIVE LOSS
The following table presents a reconciliation of the changes in the components of accumulated other comprehensive loss and details the components of other comprehensive income (loss) for the three months ended March 31, 2025 and 2024, including the amount of income tax expense (benefit) allocated to each component of other comprehensive income (loss).
Three Months Ended March 31,
(in millions)20252024
Accumulated net unrealized losses on investment securities:
Balance at beginning of period, net of tax$(2,197)$(2,043)
Net unrealized holding gains (losses) arising during the period334 (268)
Less: Provision (benefit) for income taxes80 (69)
Change in net unrealized losses on investment securities, net of tax254 (199)
Balance at end of period, net of tax$(1,943)$(2,242)
Accumulated net losses on cash flow hedges:
Balance at beginning of period, net of tax$(596)$(605)
Net cash flow hedge gains (losses) arising during the period200 (451)
Less: Provision (benefit) for income taxes48 (109)
Change in net cash flow hedge losses arising during the period, net of tax152 (342)
Less:
Net cash flow losses included in interest and fees on loans(106)(159)
Net accretion (amortization) of unrealized losses related to de-designated derivatives included in interest and fees on loans
28 (12)
Less: Benefit for income taxes(19)(41)
Reclassification adjustment for net cash flow hedge losses included in net income, net of tax(59)(130)
Change in net cash flow hedge losses, net of tax211 (212)
Balance at end of period, net of tax (a)$(385)$(817)
Accumulated defined benefit pension and other postretirement plans adjustment:
Balance at beginning of period, net of tax $(368)$(400)
Amounts recognized in other noninterest expenses:
Amortization of actuarial net loss
Amortization of prior service credit(5)(5)
Total amounts recognized in other noninterest expenses
Less: Provision for income taxes— 
Adjustment for amounts recognized as components of net periodic benefit credit during the period, net of tax
Change in defined benefit pension and other postretirement plans adjustment, net of tax
Balance at end of period, net of tax $(367)$(398)
Total accumulated other comprehensive loss at end of period, net of tax$(2,695)$(3,457)
(a)The Corporation expects to reclassify $166 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 March 31, 2025