BB&T 2013 Annual Report Download - page 120
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120
NOTE 11. AOCI
Year Ended December 31, 2013
Unrecognized
Net Pension
and
Postretirement
Costs
Unrealized Net
Gains (Losses)
on Cash Flow
Hedges
Unrealized
Net Gains
(Losses) on
AFS Securities
FDIC's Share
of Unrealized
(Gains) Losses
on AFS
Securities Other, net Total
(Dollars in millions)
AOCI balance, January 1, 2013 $ (714) $ (173) $ 598 $ (256) $ (14) $ (559)
OCI before reclassifications, net of tax 354 127 (669) (18) (2) (208)
Amounts reclassified from AOCI:
Personnel expense 91 ― ― ― ― 91
Interest income ― ― 97 ― 2 99
Interest expense ― 77 ― ― ― 77
FDIC loss share income, net ― ― ― 63 ― 63
Securities (gains) losses, net ― ― (51) ― ― (51)
Total before income taxes 91 77 46 63 2 279
Less: Income taxes 34 29 17 24 1 105
N
et of income taxes 57 48 29 39 1 174
N
et change in AOCI 411 175 (640) 21 (1) (34)
AOCI balance, December 31, 2013 $ (303) $ 2 $ (42) $ (235) $ (15) $ (593)
Year Ended December 31, 2012
Unrecognized
Net Pension
and
Postretirement
Costs
Unrealized Net
Gains (Losses)
on Cash Flow
Hedges
Unrealized
Net Gains
(Losses) on
AFS Securities
FDIC's Share
of Unrealized
(Gains) Losses
on AFS
Securities Other, net Total
(Dollars in millions)
AOCI balance, January 1, 2012 $ (603) $ (159) $ 263 $ (195) $ (19) $ (713)
OCI before reclassifications, net of tax (158) (52) 280 (113) ― (43)
Amounts reclassified from AOCI:
Personnel expense 76 ― ― ― ― 76
Interest income ― (11) 76 ― 8 73
Interest expense ― 72 ― ― ― 72
FDIC loss share income, net ― ― ― 83 ― 83
Securities (gains) losses, net ― ― 12 ― ― 12
Total before income taxes 76 61 88 83 8 316
Less: Income taxes 29 23 33 31 3 119
N
et of income taxes 47 38 55 52 5 197
N
et change in AOCI (111) (14) 335 (61) 5 154
AOCI balance, December 31, 2012 $ (714) $ (173) $ 598 $ (256) $ (14) $ (559)