Quarterly report pursuant to Section 13 or 15(d)

Accumulated Other Comprehensive Income (Loss)

v2.3.0.15
Accumulated Other Comprehensive Income (Loss)
9 Months Ended
Sep. 30, 2011
Equity [Abstract]  
Accumulated Other Comprehensive Income (Loss)
NOTE 13 – Accumulated Other Comprehensive Income (Loss)

The table below presents the changes in accumulated OCI for the nine months ended September 30, 2011 and 2010, net-of-tax.

(Dollars in millions)
Available-for-
sale Debt
Securities
 
Available-for-
sale Marketable
Equity Securities
 
Derivatives
 
Employee
Benefit Plans
 
Foreign
Currency (1)
 
Total
Balance, December 31, 2009
$
(628
)
 
$
2,129

 
$
(2,535
)
 
$
(4,092
)
 
$
(493
)
 
$
(5,619
)
Cumulative adjustment for accounting changes
113

 

 

 

 

 
113

Net change in fair value recorded in accumulated OCI
3,308

 
4,910

 
(1,765
)
 

 
(20
)
 
6,433

Net realized (gains) losses reclassified into earnings
(506
)
 
(857
)
 
326

 
188

 
258

 
(591
)
Balance, September 30, 2010
$
2,287

 
$
6,182

 
$
(3,974
)
 
$
(3,904
)
 
$
(255
)
 
$
336


 
 
 
 
 
 
 
 
 
 
 
Balance, December 31, 2010
$
714

 
$
6,659

 
$
(3,236
)
 
$
(3,947
)
 
$
(256
)
 
$
(66
)
Net change in fair value recorded in accumulated OCI
4,809

 
(2,681
)
 
(1,682
)
 

 
20

 
466

Net realized (gains) losses reclassified into earnings
(1,238
)
 
(2,294
)
 
852

 
204

 
5

 
(2,471
)
Balance, September 30, 2011
$
4,285

 
$
1,684

 
$
(4,066
)
 
$
(3,743
)
 
$
(231
)
 
$
(2,071
)
(1) 
Net change in fair value represents only the impact of changes in spot foreign exchange rates on the Corporation’s net investment in non-U.S. operations and related hedges.