PNC FINANCIAL SERVICES GROUP INC
For the period ended Dec 31, 2023. Filed Feb 21, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 21, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Accumulated Other Comprehensive Income (Loss) Components
Table 76: Accumulated Other Comprehensive Income (Loss) Components
| In millions, after-tax · Debt securities · Cash flow hedge derivatives · Pension and other postretirement benefit plan adjustments · Other · Accumulated Other Comprehensive Income | ||||||
|---|---|---|---|---|---|---|
| Balance at December 31, 2020 | $2,462 | $659 | $(345) | $(6) | $2,770 | |
| Net activity | (1,873) | (860) | 372 | (2,361) | ||
| Balance at December 31, 2021 | $589 | $(201) | $27 | $(6) | $409 | |
| Net activity | (7,753) | (2,504) | (278) | (46) | (10,581) | |
| Balance at December 31, 2022 (a) | $(7,164) | $(2,705) | $(251) | $(52) | $(10,172) | |
| Net activity | 1,334 | 992 | 126 | 8 | 2,460 | |
| Balance at December 31, 2023 (a) | $(5,830) | $(1,713) | $(125) | $(44) | $(7,712) | |
(a)AOCI included pretax losses of $293 million and $314 million from derivatives that hedged the purchase of investment securities classified as held to maturity at December 31, 2023 and December 31, 2022, respectively.
138 The PNC Financial Services Group, Inc. –2023 Form 10-K
NOTE 13 EARNINGS PER SHARE
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.