Discover 2015 Annual Report Download - page 144
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The table below presents each component of OCI before reclassifications and amounts reclassified from AOCI for
each component of OCI before- and after-tax (dollars in millions):
Before Tax Tax (Expense)
Benefit Net of Tax
For the Year Ended December 31, 2014
Available-for-Sale Investment Securities
Net unrealized holding gains arising during the period ....................................................... $ 9 $ (3) $ 6
Amounts reclassified from accumulated other comprehensive income .................................... (4) 2 (2)
Net change ................................................................................................................. $ 5 $ (1) $ 4
Cash Flow Hedges
Net unrealized losses arising during the period ................................................................... $ (69) $ 26 $ (43)
Amounts reclassified from accumulated other comprehensive income .................................... 38 (15) 23
Net change ................................................................................................................. $ (31) $ 11 $ (20)
Foreign Currency Translation Adjustments
Net unrealized losses arising during the period ................................................................... $ (1) $ — $ (1)
Net change ................................................................................................................. $ (1) $ — $ (1)
Pension Plan
Unrealized losses arising during the period ........................................................................ $ (84) $ 31 $ (53)
Net change ................................................................................................................. $ (84) $ 31 $ (53)
For the Year Ended December 31, 2013
Available-for-Sale Investment Securities
Net unrealized holding losses arising during the period ....................................................... $ (80) $ 30 $ (50)
Amounts reclassified from accumulated other comprehensive income .................................... (2) — (2)
Net change ................................................................................................................. $ (82) $ 30 $ (52)
Cash Flow Hedges
Net unrealized gains arising during the period ................................................................... $ 8 $ (3) $ 5
Amounts reclassified from accumulated other comprehensive income .................................... 8 (3) 5
Net change ................................................................................................................. $ 16 $ (6) $ 10
Foreign Currency Translation Adjustments
Net unrealized gains arising during the period ................................................................... $ 1 $ — $ 1
Net change ................................................................................................................. $ 1 $ — $ 1
Pension Plan
Unrealized gains arising during the period ......................................................................... $ 72 $ (27) $ 45
Net change ................................................................................................................. $ 72 $ (27) $ 45