2013 | 2012 | ||||
(dollars in millions) | |||||
Balance at beginning of period | $ | 4,309 | $ | — | |
Reclassification from nonredeemable noncontrolling interests | — | 4,288 | |||
Net income applicable to redeemable noncontrolling interests | 222 | 124 | |||
Net change in AOCI | — | (2) | |||
Distributions | (38) | (97) | |||
Other | (11) | (4) | |||
Carrying value of additional stake in Wealth Management JV purchased from Citi | (4,482) | — | |||
Balance at end of period | $ | — | $ | 4,309 |