Company: FITBI
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000035527-25-000079
Chunk: 148

Company: FIFTH THIRD BANCORP
Filing Date: 2025-02-24
Form: 10-K
Item: Item 7A
Chunk 148
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33)14 (19)Other— — — (4)— (4)Total$(8,284)1,967 (6,317)1,207 (6,317)(5,110)The table below presents reclassifications out of AOCI for the years ended December 31:($ in millions)Consolidated Statements ofIncome Caption202420232022Net unrealized losses on available-for-sale debt securities:(a)Net (losses) gains included in net incomeSecurities gains (losses), net$(18)(1)2 Income before income taxes(18)(1)2 Applicable income tax expense4 — — Net income(14)(1)2 Net unrealized losses on available-for-sale debt securities transferred to held-to-maturity securities:(a)Net losses included in net incomeInterest on securities(129)— — Income before income taxes(129)— — Applicable income tax expense28 — — Net income(101)— — Net unrealized losses on cash flow hedge derivatives:(a)Interest rate contracts related to C&I, commercial mortgage and commercial construction loansInterest and fees on loans and leases(351)(334)99 Income before income taxes(351)(334)99 Applicable income tax expense81 77 (22)Net income(270)(257)77 Net periodic benefit costs:(a)Amortization of net actuarial lossCompensation and benefits(b)(2)(2)(3)SettlementsCompensation and benefits(b)(1)(2)(3)Income before income taxes(3)(4)(6)Applicable income tax expense— 1 1 Net income(3)(3)(5)Other:(a)Net losses included in net incomeOther noninterest expense(2)— — Income before income taxes(2)— — Applicable income tax expense— — — Net income(2)— — Total reclassifications for the periodNet income$(390)(261)74 (a)Amounts in parentheses indicate reductions to net income.(b)This AOCI component is included in the computation of net periodic benefit cost. Refer to Note 22 for information on the computation of net periodic benefit cost.

180 Fifth Third Bancorp

Table of ContentsNOTES TO CONSOLIDATED FINANCIAL STATEMENTS

24. Common, Preferred and Treasury Stock

The table presents a summary of the share activity