Company: WFC-PC
Filing Date: 2025-04-29
Form Type: 10-Q
Source: 0000072971-25-000129
Chunk: 203

Company: WELLS FARGO & COMPANY/MN
Filing Date: 2025-04-29
Form: 10-Q
Item: Item 15
Chunk 203
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ains) losses to net income(29)7 (22)112 (27)85 Net change2,227 (549)1,678 (560)138 (422)Derivatives and hedging activities:Fair Value Hedges:Change in fair value of excluded components on fair value hedges (1)7 (2)5 4 — 4 Cash Flow Hedges:Net unrealized gains (losses) arising during the period on cash flow hedges444 (110)334 (908)224 (684)Reclassification of net (gains) losses to net income142 (35)107 244 (61)183 Net change593 (147)446 (660)163 (497)Defined benefit plans adjustments:Net actuarial and prior service gains (losses) arising during the period— — — — — — Reclassification of amounts to noninterest expense (2)25 (5)20 27 (6)21 Net change25 (5)20 27 (6)21 Debit valuation adjustments (DVA) and other:Net unrealized gains (losses) arising during the period11 (3)8 (23)6 (17)Reclassification of net (gains) losses to net income— — — — — — Net change11 (3)8 (23)6 (17)Foreign currency translation adjustments:Net unrealized gains (losses) arising during the period27 — 27 (50)(1)(51)Reclassification of net (gains) losses to net income— — — — — — Net change27 — 27 (50)(1)(51)Other comprehensive income (loss)$2,883 (704)2,179 (1,266)300 (966)Less: Other comprehensive income from noncontrolling interests, net of tax1 — Wells Fargo other comprehensive income (loss), net of tax$2,178 (966)(1)Represents changes in fair value of cross-currency swaps attributable to changes in cross-currency basis spreads, which are excluded from the assessment of hedge effectiveness and recorded in other comprehensive income.(2)These items are included in the computation of net periodic benefit cost. See Note 19 (Employee Benefits)