| Schedule of Changes in AOCI |
The following table summarizes our changes in AOCI: | | | | | | | | | | | | | | | | | Dollars in millions | Unrealized gains (losses) on securities available for sale | Unrealized gains (losses) on derivative financial instruments | | Net pension and postretirement benefit costs | Total | | Balance at December 31, 2022 | $ | (4,895) | | $ | (1,124) | | | $ | (276) | | $ | (6,295) | | Other comprehensive income before reclassification, net of income taxes | 702 | | (364) | | | (18) | | 320 | | Amounts reclassified from accumulated other comprehensive income, net of income taxes (a) | 3 | | 725 | | | 18 | | 746 | | | Net current-period other comprehensive income, net of income taxes | 705 | | 361 | | | — | | 1,066 | | | Balance at December 31, 2023 | $ | (4,190) | | $ | (763) | | | $ | (276) | | $ | (5,229) | | Other comprehensive income before reclassification, net of income taxes | 38 | | (230) | | | (30) | | (222) | | Amounts reclassified from accumulated other comprehensive income, net of income taxes (a) | 1,418 | | 559 | | | 4 | | 1,981 | | | | | | | | | Net current-period other comprehensive income, net of income taxes | 1,456 | | 329 | | | (26) | | 1,759 | | | Balance at December 31, 2024 | $ | (2,734) | | $ | (434) | | | $ | (302) | | $ | (3,470) | | Other comprehensive income before reclassification, net of income taxes | 1,018 | | 154 | | | 61 | | 1,233 | | Amounts reclassified from accumulated other comprehensive income, net of income taxes (a) | — | | 273 | | | 4 | | 277 | | | | | | | | | Net current-period other comprehensive income, net of income taxes | 1,018 | | 427 | | | 65 | | 1,510 | | | Balance at December 31, 2025 | $ | (1,716) | | $ | (7) | | | $ | (237) | | $ | (1,960) | | | | | | | |
(a)See table below for details about these reclassifications.
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| Schedule of Reclassifications Out of AOCI |
Our reclassifications out of AOCI, are as follows: | | | | | | | | | | | | | | | | Twelve Months Ended December 31, | Affected Line Item in the Consolidated Statement of Income | | Dollars in millions | 2025 | 2024 | 2023 | | Unrealized gains (losses) on available for sale securities | | | | | | | | | | | Realized losses | $ | — | | $ | (1,863) | | $ | (4) | | Net securities gains (losses) | | — | | (1,863) | | (4) | | Income (loss) from continuing operations before income taxes | | — | | (445) | | (1) | | Income taxes | | $ | — | | $ | (1,418) | | $ | (3) | | Income (loss) from continuing operations | | Unrealized gains (losses) on derivative financial instruments | | | | | | Interest rate | $ | (358) | | $ | (733) | | $ | (956) | | Interest income — Loans | | Interest rate | (2) | | (2) | | (2) | | Interest expense — Long-term debt | | Interest rate | — | | — | | 5 | | Investment banking and debt placement fees | | | | | | | (360) | | (735) | | (953) | | Income (loss) from continuing operations before income taxes | | (87) | | (176) | | (228) | | Income taxes | | $ | (273) | | $ | (559) | | $ | (725) | | Income (loss) from continuing operations | | | | | | | | | | | | | | | | | | | | | | | | | | | Net pension and postretirement benefit costs | | | | | | Amortization of losses | $ | (7) | | $ | (8) | | $ | (8) | | Other expense | | Settlement loss | — | | — | | (18) | | Other expense | | Amortization of prior service credit | 1 | | 1 | | 1 | | Other expense | | (6) | | (7) | | (25) | | Income (loss) from continuing operations before income taxes | | (2) | | (3) | | (7) | | Income taxes | | $ | (4) | | $ | (4) | | $ | (18) | | Income (loss) from continuing operations | | | | | |
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