Freddie Mac 2015 Annual Report Download - page 274
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Financial Statements Notes to the Consolidated Financial Statements | Note 10
Freddie Mac 2015 Form 10-K 272
NOTE 10: STOCKHOLDERS’ EQUITY AND EARNINGS PER
SHARE
ACCUMULATED OTHER COMPREHENSIVE INCOME
The table below presents changes in AOCI after the effects of our 35% federal statutory tax rate related to
available-for-sale securities, closed cash flow hedges, and our defined benefit plans.
Year Ended December 31, 2015
(in millions)
AOCI Related
to Available-
For-Sale
Securities
AOCI Related
to Cash Flow
Hedge
Relationships
AOCI Related
to Defined
Benefit Plans Total
Beginning balance $ 2,546 $(803) $ (13) $ 1,730
Other comprehensive income before
reclassifications(1) (123)—48 (75)
Amounts reclassified from accumulated
other comprehensive income (683)182 (1) (502)
Changes in AOCI by component (806)182 47 (577)
Ending balance $ 1,740 $(621) $ 34 $ 1,153
Year Ended December 31, 2014
(in millions)
AOCI Related
to Available-
For-Sale
Securities
AOCI Related
to Cash Flow
Hedge
Relationships
AOCI Related
to Defined
Benefit Plans Total
Beginning balance $ 962 $ (1,000) $ 32 $ (6)
Other comprehensive income before
reclassifications(1) 2,087 — (43)2,044
Amounts reclassified from accumulated
other comprehensive income (503)197 (2) (308)
Changes in AOCI by component 1,584 197 (45)1,736
Ending balance $ 2,546 $(803) $ (13) $ 1,730
(1) For the years ended December 31, 2015 and 2014, net of tax expense of $0.1 billion and $1.1 billion, respectively, for AOCI
related to available-for-sale securities.