Fifth Third Bank 2009 Annual Report Download - page 100

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
98 Fifth Third Bancorp
22. ACCUMULATED OTHER COMPREHENSIVE INCOME
The activity of the components of other comprehensive income and accumulated other comprehensive income for the years ended December
31, 2009, 2008 and 2007 was as follows:
Total Other
Comprehensive Income
Total Accumulated Other
Comprehensive Income
($ in millions)
Pretax
Activity
Tax
Effect
Net
Activity
Beginning
Balance
Net
Activity
Ending
Balance
2009
Unrealized holding gains on available-for-sale securities arising during period $248 (86) 162
Reclassification adjustment for net gains included in net income (57) 20 (37)
Reclassification adjustment related to prior OTTI charges (37) 13 (24)
Net unrealized gains on available-for-sale securities 154 (53) 101 115 101 216
Unrealized holding gains on cash flow hedge derivatives arising during period 75 (26) 49
Reclassification adjustment for net gains on cash flow hedge
derivatives included in net income (49) 17 (32)
Net unrealized gains on cash flow hedge derivatives 26 (9) 17 88 17 105
Defined benefit plans:
Net prior service cost ---
Net actuarial loss 39 (14) 25
Defined benefit plans, net 39 (14) 25 (105) 25 (80)
Total $219 (76) 143 98 143 241
2008
Unrealized holding gains on available-for-sale securities arising during period $353 (123) 230
Reclassification adjustment for net gains included in net loss (31) 10 (21)
Net unrealized gains (losses) on available-for-sale securities 322 (113) 209 (94) 209 115
Unrealized holding gains on cash flow hedge derivatives 100 (35) 65
Reclassification adjustment for net gains on cash flow hedge
derivatives included in net loss (3) 1 (2)
Net unrealized gains on cash flow hedge derivatives 97 (34) 63 25 63 88
Defined benefit plans:
Net prior service cost - - -
Net actuarial loss (74) 26 (48)
Defined benefit plans, net (74) 26 (48) (57) (48) (105)
Total $345 (121) 224 (126) 224 98
2007
Unrealized holding gains on available-for-sale securities arising during period $60 (23) 37
Reclassification adjustment for net gains included in net income (21) 9 (12)
Net unrealized gains (losses) on available-for-sale securities 39 (14) 25 (119) 25 (94)
Unrealized holding gains on cash flow hedge derivatives 42 (15) 27
Reclassification adjustment for net gains on cash flow hedge
derivatives included in net income (1) - (1)
Net unrealized gains (losses) on cash flow hedge derivatives 41 (15) 26 (1) 26 25
Defined benefit plans:
Net prior service cost - - -
Net actuarial gain 3 (1) 2
Defined benefit plans, net 3 (1) 2 (59) 2 (57)
Total $83 (30) 53 (179) 53 (126)