TABLE 60: DETAILS OF CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) | | | | | | | | | | | | | | | | | | | | | | THREE MONTHS ENDED JUNE 30, | 2025 | 2024 | | (In Millions) | PRE-TAX | TAX | AFTER TAX | PRE-TAX | TAX | AFTER TAX | | Unrealized Gains (Losses) on Available for Sale Debt Securities | | | | | | | | Unrealized Gains (Losses) on Available for Sale Debt Securities | $ | 37.9 | | $ | (11.4) | | $ | 26.5 | | $ | 40.0 | | $ | (17.1) | | $ | 22.9 | | | Reclassification Adjustments for (Gains) Losses Included in Net Income: | | | | | | | Interest Income on Debt Securities(1) | 25.7 | | (6.3) | | 19.4 | | 27.2 | | (6.7) | | 20.5 | | Net (Gains) Losses on Debt Securities(2) | — | | — | | — | | (0.1) | | 0.1 | | — | | | Net Change | $ | 63.6 | | $ | (17.7) | | $ | 45.9 | | $ | 67.1 | | $ | (23.7) | | $ | 43.4 | | | Unrealized Gains (Losses) on Cash Flow Hedges | | | | | | | | Foreign Exchange Contracts | $ | 3.2 | | $ | (0.7) | | $ | 2.5 | | $ | 0.9 | | $ | (0.2) | | $ | 0.7 | | Reclassification Adjustment for (Gains) Losses Included in Net Income(3) | (3.4) | | 0.8 | | (2.6) | | (1.0) | | 0.2 | | (0.8) | | | Net Change | $ | (0.2) | | $ | 0.1 | | $ | (0.1) | | $ | (0.1) | | $ | — | | $ | (0.1) | | | Foreign Currency Adjustments | | | | | | | | Foreign Currency Translation Adjustments | $ | 206.0 | | $ | (4.3) | | $ | 201.7 | | $ | (11.9) | | $ | (1.7) | | $ | (13.6) | | | Long-Term Intra-Entity Foreign Currency Transaction Gains (Losses) | 0.4 | | — | | 0.4 | | (0.2) | | 0.1 | | (0.1) | | | Net Investment Hedge Gains (Losses) | (278.1) | | 68.3 | | (209.8) | | 18.0 | | 2.7 | | 20.7 | | | Net Change | $ | (71.7) | | $ | 64.0 | | $ | (7.7) | | $ | 5.9 | | $ | 1.1 | | $ | 7.0 | | | Pension and Other Postretirement Benefit Adjustments | | | | | | | | Net Actuarial Gains (Losses) | $ | — | | $ | (0.1) | | $ | (0.1) | | $ | (0.1) | | $ | — | | $ | (0.1) | | Reclassification Adjustment for (Gains) Losses Included in Net Income(4) | | | | | | | | Amortization of Net Actuarial Loss | 3.0 | | (0.7) | | 2.3 | | 3.2 | | (0.8) | | 2.4 | | | | | | | | | | | | | | | | | Net Change | $ | 3.0 | | $ | (0.8) | | $ | 2.2 | | $ | 3.1 | | $ | (0.8) | | $ | 2.3 | | | Total Net Change | $ | (5.3) | | $ | 45.6 | | $ | 40.3 | | $ | 76.0 | | $ | (23.4) | | $ | 52.6 | |
| | | | | | | | | | | | | | | | | | | | | | SIX MONTHS ENDED JUNE 30, | 2025 | 2024 | | (In Millions) | PRE-TAX | TAX | AFTER TAX | PRE-TAX | TAX | AFTER TAX | | Unrealized Gains (Losses) on Available for Sale Debt Securities | | | | | | | | Unrealized Gains (Losses) on Available for Sale Debt Securities | $ | 109.1 | | $ | (30.3) | | $ | 78.8 | | $ | 113.2 | | $ | (36.5) | | $ | 76.7 | | | Reclassification Adjustments for (Gains) Losses Included in Net Income: | | | | | | | Interest Income on Debt Securities(1) | 50.5 | | (12.4) | | 38.1 | | 51.6 | | (12.9) | | 38.7 | | Net (Gains) Losses on Debt Securities(2) | — | | — | | — | | 189.3 | | (47.9) | | 141.4 | | | Net Change | $ | 159.6 | | $ | (42.7) | | $ | 116.9 | | $ | 354.1 | | $ | (97.3) | | $ | 256.8 | | | Unrealized Gains (Losses) on Cash Flow Hedges | | | | | | | | Foreign Exchange Contracts | $ | 13.0 | | $ | (3.1) | | $ | 9.9 | | $ | 5.4 | | $ | (1.3) | | $ | 4.1 | | Reclassification Adjustment for (Gains) Losses Included in Net Income(3) | (13.9) | | 3.4 | | (10.5) | | (6.5) | | 1.6 | | (4.9) | | | Net Change | $ | (0.9) | | $ | 0.3 | | $ | (0.6) | | $ | (1.1) | | $ | 0.3 | | $ | (0.8) | | | Foreign Currency Adjustments | | | | | | | | Foreign Currency Translation Adjustments | $ | 297.4 | | $ | (4.9) | | $ | 292.5 | | $ | (70.4) | | $ | 1.2 | | $ | (69.2) | | | Long-Term Intra-Entity Foreign Currency Transaction Gains (Losses) | 0.6 | | — | | 0.6 | | (0.8) | | 0.2 | | (0.6) | | | Net Investment Hedge Gains (Losses) | (392.4) | | 96.3 | | (296.1) | | 99.3 | | (17.9) | | 81.4 | | | Net Change | $ | (94.4) | | $ | 91.4 | | $ | (3.0) | | $ | 28.1 | | $ | (16.5) | | $ | 11.6 | | | Pension and Other Postretirement Benefit Adjustments | | | | | | | | Net Actuarial Gains (Losses) | $ | (3.4) | | $ | 0.3 | | $ | (3.1) | | $ | 1.0 | | $ | (0.5) | | $ | 0.5 | | Reclassification Adjustment for (Gains) Losses Included in Net Income(4) | | | | | | | | Amortization of Net Actuarial Loss | 6.0 | | (1.4) | | 4.6 | | 6.4 | | (1.6) | | 4.8 | | | | | | | | | | | | | | | | | Net Change | $ | 2.6 | | $ | (1.1) | | $ | 1.5 | | $ | 7.4 | | $ | (2.1) | | $ | 5.3 | | | Total Net Change | $ | 66.9 | | $ | 47.9 | | $ | 114.8 | | $ | 388.5 | | $ | (115.6) | | $ | 272.9 | |
(1) The before-tax reclassification adjustment is related to the unrealized gains (losses) amortization on AFS debt securities that were transferred to HTM debt securities during the second quarter of 2021 and third quarter of 2022. (2) The net gains (losses) on AFS debt securities before-tax reclassification adjustment is recorded in Investment Security Gains (Losses), net on the consolidated statements of income. (3) See Note 21—Derivative Financial Instruments for the location of the reclassification adjustment related to cash flow hedges. (4) The pension and other postretirement benefit before-tax reclassification adjustment is recorded in Employee Benefits expense on the consolidated statements of income.
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