Company: FITBI
Filing Date: 2025-02-24
Form Type: 10-K
Source: 0000035527-25-000079
Chunk: 146

Company: FIFTH THIRD BANCORP
Filing Date: 2025-02-24
Form: 10-K
Item: Item 7A
Chunk 146
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. Expenses recognized by the Bancorp for its non-qualified defined contribution plan were $5 million, $5 million and $7 million for the years ended December 31, 2024, 2023 and 2022, respectively. 

178 Fifth Third Bancorp

Table of ContentsNOTES TO CONSOLIDATED FINANCIAL STATEMENTS

23. Accumulated Other Comprehensive Income

The tables below present the activity of the components of OCI and AOCI for the years ended December 31:Total OCITotal AOCI2024 ($ in millions)Pre-taxActivityTaxEffectNetActivityBeginningBalanceNetActivityEndingBalanceUnrealized holding gains on available-for-sale debt securities    arising during the year$27 (12)15 Unrealized losses on available-for-sale debt securities transferred to    held-to-maturity securities994 (209)785 Reclassification adjustment for net losses on available-for-sale debt    securities included in net income18 (4)14 Net unrealized losses on available-for-sale debt securities1,039 (225)814 (4,094)814 (3,280)Unrealized losses on available-for-sale debt securities transferred to held-to-maturity securities(994)209 (785)Amortization of unrealized losses on available-for-sale debt securities transferred to held-to-maturity securities included in net income129 (28)101 Net unrealized losses on available-for-sale debt securities transferred to held-to-maturity securities(865)181 (684)— (684)(684)Unrealized holding losses on cash flow hedge derivatives arising    during the year(724)172 (552)Reclassification adjustment for net losses on cash flow hedge    derivatives included in net income351 (81)270 Net unrealized losses on cash flow hedge derivatives(373)91 (282)(372)(282)(654)Net actuarial loss arising during the year(2)— (2)Reclassification of amounts to net periodic benefit costs3 — 3 Defined benefit pension plans, net1 — 1 (17)1 (16)Other2 — 2 (4)2 (2)Total$(196)47 (149)(4,487)(149)(4,636)Total OCITotal AOCI2023 ($ in millions)Pre-taxActivityTaxEffectNetActivityBeginningBalanceNetActivityEndingBalanceUnrealized