BB&T CORP | 2013 | FY | 3


NOTE 11. AOCI

Year Ended December 31, 2013 Unrecognized Net Pension and Postretirement Costs Unrealized Net Gains (Losses) on Cash Flow Hedges Unrealized Net Gains (Losses) on AFS Securities FDIC's Share of Unrealized (Gains) Losses on AFS Securities Other, net Total
                   
      (Dollars in millions)
AOCI balance, January 1, 2013 $ (714) $ (173) $ 598 $ (256) $ (14) $ (559)
 OCI before reclassifications, net of tax   354   127   (669)   (18)   (2)   (208)
 Amounts reclassified from AOCI:                  
  Personnel expense   91   ―    ―    ―    ―    91
  Interest income   ―    ―    97   ―    2   99
  Interest expense   ―    77   ―    ―    ―    77
  FDIC loss share income, net   ―    ―    ―    63   ―    63
  Securities (gains) losses, net   ―    ―    (51)   ―    ―    (51)
   Total before income taxes   91   77   46   63   2   279
   Less: Income taxes   34   29   17   24   1   105
    Net of income taxes   57   48   29   39   1   174
 Net change in AOCI   411   175   (640)   21   (1)   (34)
AOCI balance, December 31, 2013 $ (303) $ 2 $ (42) $ (235) $ (15) $ (593)

Year Ended December 31, 2012 Unrecognized Net Pension and Postretirement Costs Unrealized Net Gains (Losses) on Cash Flow Hedges Unrealized Net Gains (Losses) on AFS Securities FDIC's Share of Unrealized (Gains) Losses on AFS Securities Other, net Total
                   
      (Dollars in millions)
AOCI balance, January 1, 2012 $ (603) $ (159) $ 263 $ (195) $ (19) $ (713)
 OCI before reclassifications, net of tax   (158)   (52)   280   (113)   ―    (43)
 Amounts reclassified from AOCI:                  
  Personnel expense   76   ―    ―    ―    ―    76
  Interest income   ―    (11)   76   ―    8   73
  Interest expense   ―    72   ―    ―    ―    72
  FDIC loss share income, net   ―    ―    ―    83   ―    83
  Securities (gains) losses, net   ―    ―    12   ―    ―    12
   Total before income taxes   76   61   88   83   8   316
   Less: Income taxes   29   23   33   31   3   119
    Net of income taxes   47   38   55   52   5   197
 Net change in AOCI   (111)   (14)   335   (61)   5   154
AOCI balance, December 31, 2012 $ (714) $ (173) $ 598 $ (256) $ (14) $ (559)

Year Ended December 31, 2011 Unrecognized Net Pension and Postretirement Costs Unrealized Net Gains (Losses) on Cash Flow Hedges Unrealized Net Gains (Losses) on AFS Securities FDIC's Share of Unrealized (Gains) Losses on AFS Securities Other, net Total
                   
      (Dollars in millions)
AOCI balance, January 1, 2011 $ (368) $ (47) $ (157) $ (176) $ 1 $ (747)
 Transfers   ―    ―    21   ―    (21)   ―
 OCI before reclassifications, net of tax   (256)   (141)   440   (50)   (3)   (10)
 Amounts reclassified from AOCI:                  
  Personnel expense   34   ―    ―    ―    ―    34
  Interest income   ―    (26)   (4)   ―    6   (24)
  Interest expense   ―    72   ―    ―    ―    72
  FDIC loss share income, net   ―    ―    ―    50   ―    50
  Securities (gains) losses, net   ―    ―    (62)   ―    ―    (62)
   Total before income taxes   34   46   (66)   50   6   70
   Less: Income taxes   13   17   (25)   19   2   26
    Net of income taxes   21   29   (41)   31   4   44
 Net change in AOCI   (235)   (112)   420   (19)   (20)   34
AOCI balance, December 31, 2011 $ (603) $ (159) $ 263 $ (195) $ (19) $ (713)

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