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SEC Filings

10-Q
AGNC INVESTMENT CORP. filed this Form 10-Q on 05/06/2015
Entire Document
 


Accumulated Other Comprehensive Income (Loss)
The following tables summarize changes to accumulated OCI for the three months ended March 31, 2015 and 2014 (in millions):
Accumulated Other Comprehensive Income (Loss)
 
Net Unrealized Gain (Loss) on Available-for-Sale MBS
 
Net Unrealized Gain (Loss) on Swaps
 
Total Accumulated
OCI
Balance
Three Months Ended March 31, 2015
 
 
 
 
 
 
Balance as of December 31, 2014
 
$
570

 
$
(140
)
 
$
430

OCI before reclassifications
 
427

 

 
427

Amounts reclassified from accumulated OCI
 
(36
)
 
29

 
(7
)
Balance as of March 31, 2015
 
$
961

 
$
(111
)
 
$
850

 
 
 
 
 
 
 
Three Months Ended March 31, 2014
 
 
 
 
 
 
Balance as of December 31, 2013
 
$
(1,087
)
 
$
(296
)
 
$
(1,383
)
OCI before reclassifications
 
502

 

 
502

Amounts reclassified from accumulated OCI
 
19

 
43

 
62

Balance as of March 31, 2014
 
$
(566
)
 
$
(253
)
 
$
(819
)

The following tables summarize reclassifications out of accumulated OCI for the three months ended March 31, 2015 and 2014 (in millions):
 
 
Three Months Ended March 31,
 
Line Item in the Consolidated
Statements of Comprehensive Income
Where Net Income is Presented
Amounts Reclassified from Accumulated OCI
 
2015
 
2014
 
(Gain) loss amounts reclassified from accumulated OCI for available-for-sale MBS
 
$
(36
)
 
$
19

 
Gain (loss) on sale of agency securities, net
Periodic interest costs of interest rate swaps previously designated as hedges under GAAP, net
 
29

 
43

 
Interest expense
     Total reclassifications
 
$
(7
)
 
$
62

 
 

Note 10. Subsequent Events

On April 13, 2015, our Board of Directors declared a monthly dividend of $0.22 per common share, which will be paid on May 8, 2015, to common stockholders of record as of April 30, 2015.

On April 27, 2015, our Board of Directors declared a monthly dividend of $0.20 per common share, which will be paid on June 5, 2015, to common stockholders of record as of May 29, 2015.


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