Company: WFC-PC
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0000072971-25-000201
Chunk: 172

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 11
Chunk 172
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— — — — 1,995 1,995 N/ATotal gains (losses) (pre-tax) on commodity contracts— — — — 118 118 — Total gains (losses) (pre-tax) recognized on fair value hedges$142 24 (1,112)1 118 (827)12 Six months ended June 30, 2024Total amounts presented in the consolidated statement of income and other comprehensive income$8,732 (11,960)(6,513)2,969 1,329 N/A(764)Interest rate contractsAmounts related to cash flows on derivatives522 (261)(1,993)— — (1,732)N/ARecognized on derivatives574 (318)(2,814)— — (2,558)— Recognized on hedged items(569)316 2,790 — — 2,537 N/ATotal gains (losses) (pre-tax) on interest rate contracts527 (263)(2,017)— — (1,753)— Foreign exchange contractsAmounts related to cash flows on derivatives— — (58)— — (58)N/ARecognized on derivatives— — (12)(80)— (92)11 Recognized on hedged items— — 6 82 — 88 N/ATotal gains (losses) (pre-tax) on foreign exchange contracts— — (64)2 — (62)11 Commodity contractsRecognized on derivatives— — — — (232)(232)— Recognized on hedged items— — — — 253 253 N/ATotal gains (losses) (pre-tax) on commodity contracts— — — — 21 21 — Total gains (losses) (pre-tax) recognized on fair value hedges$527 (263)(2,081)2 21 (1,794)11 

96Wells Fargo & Company

Table 11.5 shows the carrying amount and associated cumulative basis adjustment related to the application of hedge accounting that is included in the carrying amount of hedged assets and liabilities in fair value hedging relationships.Table 11.5:  Hedged Items in Fair Value Hedging RelationshipsHedged items currently