PNC FINANCIAL SERVICES GROUP INC
For the period ended Sep 30, 2024. Filed Nov 1, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 1, 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 63: Accumulated Other Comprehensive Income (Loss) Components
| In millions, after-tax · Debt securities · Cash flow hedge derivatives · Pension and other postretirement benefit plan adjustments · Other · Total | |||||||
|---|---|---|---|---|---|---|---|
| Three months ended | |||||||
| Balance at June 30, 2023 | $(6,684) | $(2,544) | $(254) | $(43) | $(9,525) | ||
| Net activity | (709) | (25) | (2) | (736) | |||
| Balance at September 30, 2023 (a) | $(7,393) | $(2,569) | $(254) | $(45) | $(10,261) | ||
| Balance at June 30, 2024 | $(5,605) | $(1,669) | $(126) | $(46) | $(7,446) | ||
| Net activity | 1,232 | 1,121 | 3 | 2,356 | |||
| Balance at September 30, 2024 (a) | $(4,373) | $(548) | $(126) | $(43) | $(5,090) | ||
| Nine months ended | |||||||
| Balance at December 31, 2022 | $(7,164) | $(2,705) | $(251) | $(52) | $(10,172) | ||
| Net activity | (229) | 136 | (3) | 7 | (89) | ||
| Balance at September 30, 2023 (a) | $(7,393) | $(2,569) | $(254) | $(45) | $(10,261) | ||
| Balance at December 31, 2023 | $(5,830) | $(1,713) | $(125) | $(44) | $(7,712) | ||
| Net activity | 1,457 | 1,165 | (1) | 1 | 2,622 | ||
| Balance at September 30, 2024 (a) | $(4,373) | $(548) | $(126) | $(43) | $(5,090) | ||
(a)AOCI included pretax losses of $280 million and $297 million from derivatives that hedged the purchase of investment securities classified as held to maturity at September 30, 2024 and September 30, 2023, respectively.
74 The PNC Financial Services Group, Inc. –Form 10-Q
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.