PNC FINANCIAL SERVICES GROUP INC
For the period ended Dec 31, 2024. Filed Feb 21, 2025.
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FY2024 · Filed Feb 21, 2025
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Accumulated Other Comprehensive Income (Loss) Components
Table 84: 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, 2021 | $589 | $(201) | $27 | $(6) | $409 |
| Net activity | (7,753) | (2,504) | (278) | (46) | (10,581) |
| Balance at December 31, 2022 | $(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) |
| Net activity | 731 | 399 | 16 | 1 | 1,147 |
| Balance at December 31, 2024 (a) | $(5,099) | $(1,314) | $(109) | $(43) | $(6,565) |
(a)AOCI included pretax losses of $275 million and $293 million from derivatives that hedged the purchase of investment securities classified as held-to-maturity at December 31, 2024 and December 31, 2023, respectively.
NOTE 13 EARNINGS PER SHARE
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