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SEC Filings

10-Q
AGNC INVESTMENT CORP. filed this Form 10-Q on 11/06/2014
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Accumulated Other Comprehensive Income (Loss)
The following tables summarize changes to accumulated OCI for the three and nine months ended September 30, 2014 and 2013 (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 September 30, 2014
 
 
 
 
 
 
Balance as of June 30, 2014
 
$
225

 
$
(213
)
 
$
12

OCI before reclassifications
 
(239
)
 

 
(239
)
Amounts reclassified from accumulated OCI
 
(14
)
 
38

 
24

Balance as of September 30, 2014
 
$
(28
)
 
$
(175
)
 
$
(203
)
 
 
 
 
 
 
 
Three Months Ended September 30, 2013
 
 
 
 
 
 
Balance as of June 30, 2013
 
$
(1,610
)
 
$
(388
)
 
$
(1,998
)
OCI before reclassifications
 
100

 

 
100

Amounts reclassified from accumulated OCI
 
733

 
47

 
780

Balance as of September 30, 2013
 
$
(777
)
 
$
(341
)
 
$
(1,118
)
 
 
 
 
 
 
 
Nine Months Ended September 30, 2014
 
 
 
 
 
 
Balance as of December 31, 2013
 
$
(1,087
)
 
$
(296
)
 
$
(1,383
)
OCI before reclassifications
 
1,076

 

 
1,076

Amounts reclassified from accumulated OCI
 
(17
)
 
121

 
104

Balance as of September 30, 2014
 
$
(28
)
 
$
(175
)
 
$
(203
)
 
 
 
 
 
 
 
Nine Months Ended September 30, 2013
 
 
 
 
 
 
Balance as of December 31, 2012
 
$
2,040

 
$
(485
)
 
$
1,555

OCI before reclassifications
 
(3,559
)
 

 
(3,559
)
Amounts reclassified from accumulated OCI
 
742

 
144

 
886

Balance as of September 30, 2013
 
$
(777
)
 
$
(341
)
 
$
(1,118
)
The following tables summarize reclassifications out of accumulated OCI for the three and nine months ended September 30, 2014 and 2013 (in millions):
 
 
Three Months Ended September 30,
 
Line Item in the Consolidated
Statements of Comprehensive Income
Where Net Income is Presented
Amounts Reclassified from Accumulated OCI
 
2014
 
2013
 
Gain amounts reclassified from accumulated OCI for available-for-sale MBS
 
$
(14
)
 
$
733

 
Gain (loss) on sale of agency securities, net
Periodic interest costs of interest rate swaps previously designated as hedges under GAAP, net
 
38

 
47

 
Interest expense
     Total reclassifications
 
$
24

 
$
780

 
 
 
 
Nine Months Ended September 30,
 
Line Item in the Consolidated
Statements of Comprehensive Income
Where Net Income is Presented
Amounts Reclassified from Accumulated OCI
 
2014
 
2013
 
(Gain) loss amounts reclassified from accumulated OCI for available-for-sale MBS
 
$
(17
)
 
$
742

 
Gain (loss) on sale of agency securities, net
Periodic interest costs of interest rate swaps previously designated as hedges under GAAP, net
 
121

 
144

 
Interest expense
     Total reclassifications
 
$
104

 
$
886

 
 

26


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