PNC Bank 2015 Annual Report Download - page 210

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N
OTE
17 O
THER
C
OMPREHENSIVE
I
NCOME
Details of other comprehensive income (loss) are as follows:
Table 123: Other Comprehensive Income
Year ended December 31
In millions 2015 2014 2013
Net unrealized gains (losses) on non-OTTI securities
Increase in net unrealized gains (losses) on non-OTTI securities $(494) $ 410 $(1,122)
Less: Net gains (losses) realized as a yield adjustment reclassified to investment securities interest income 27 31 39
Less: Net gains (losses) realized on sales of securities reclassified to noninterest income 48 4 50
Net increase (decrease), pre-tax (569) 375 (1,211)
Effect of income taxes 208 (137) 443
Net increase (decrease), after-tax (361) 238 (768)
Net unrealized gains (losses) on OTTI securities
Increase in net unrealized gains (losses) on OTTI securities (17) 68 215
Less: OTTI losses realized on securities reclassified to noninterest income (4) (11) (16)
Net increase (decrease), pre-tax (13) 79 231
Effect of income taxes 5 (29) (84)
Net increase (decrease), after-tax (8) 50 147
Net unrealized gains (losses) on cash flow hedge derivatives
Increase in net unrealized gains (losses) on cash flow hedge derivatives 415 431 (141)
Less: Net gains (losses) realized as a yield adjustment reclassified to loan interest income 270 251 284
Less: Net gains (losses) realized as a yield adjustment reclassified to investment securities interest income 23 12 53
Less: Net gains (losses) realized on sales of securities reclassified to noninterest income (5) 49
Net increase (decrease), pre-tax 127 168 (527)
Effect of income taxes (47) (61) 192
Net increase (decrease), after-tax 80 107 (335)
Pension and other postretirement benefit plan adjustments
Net pension and other postretirement benefit activity (82) (440) 760
Amortization of actuarial loss (gain) reclassified to other noninterest expense 38 4 103
Amortization of prior service cost (credit) reclassified to other noninterest expense (10) (10) (11)
Net increase (decrease), pre-tax (54) (446) 852
Effect of income taxes 20 163 (312)
Net increase (decrease), after-tax (34) (283) 540
Other
PNC’s portion of BlackRock’s OCI (39) (36) 15
Net investment hedge derivatives 60 54 (21)
Foreign currency translation adjustments (a) (63) (57) 27
Net increase (decrease), pre-tax (42) (39) 21
Effect of income taxes (a) (8) (6) (3)
Net increase (decrease), after-tax (50) (45) 18
Total other comprehensive income, pre-tax (551) 137 (634)
Total other comprehensive income, tax effect 178 (70) 236
Total other comprehensive income, after-tax $(373) $ 67 $ (398)
(a) The earnings of PNC’s Luxembourg-UK lending business have been indefinitely reinvested: therefore, no U.S. deferred income tax has been recorded on the foreign currency
translation of the investment.
192 The PNC Financial Services Group, Inc. – Form 10-K