| Components of Other Comprehensive Income (Loss) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Components of other comprehensive income (loss) | Quarter ended | | June 30, 2026 | | | | June 30, 2025 | | (in millions) | Pre-tax
amount | Tax
(expense)
benefit | After-tax
amount | | | | | | Pre-tax
amount | Tax
(expense)
benefit | After-tax
amount | | Foreign currency translation: | | | | | | | | | | | | Foreign currency translation adjustments arising during the period (a) | $ | (20) | | $ | (20) | | $ | (40) | | | | | | | $ | 272 | | $ | 159 | | $ | 431 | | | Total foreign currency translation | (20) | | (20) | | (40) | | | | | | | 272 | | 159 | | 431 | | | Unrealized gain (loss) on assets available-for-sale: | | | | | | | | | | | | | Unrealized gain (loss) arising during period | 64 | | (18) | | 46 | | | | | | | 153 | | (39) | | 114 | | Reclassification adjustment (b) | 25 | | (6) | | 19 | | | | | | | 35 | | (10) | | 25 | | | Net unrealized gain (loss) on assets available-for-sale | 89 | | (24) | | 65 | | | | | | | 188 | | (49) | | 139 | | | Defined benefit plans: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Amortization of prior service credit, net loss and initial obligation included in net periodic benefit cost (b) | 14 | | (4) | | 10 | | | | | | | 7 | | (1) | | 6 | | | Total defined benefit plans | 14 | | (4) | | 10 | | | | | | | 7 | | (1) | | 6 | | | Unrealized gain (loss) on cash flow hedges: | | | | | | | | | | | | | Unrealized hedge gain (loss) arising during period | (3) | | 1 | | (2) | | | | | | | (7) | | 2 | | (5) | | | Reclassification of net (gain) loss to net income: | | | | | | | | | | | | | Foreign exchange (“FX”) contracts – staff expense | 9 | | (2) | | 7 | | | | | | | — | | — | | — | | | FX contracts – investment and other revenue | 3 | | (1) | | 2 | | | | | | | 1 | | — | | 1 | | | | | | | | | | | | | | | Interest rate contracts – interest expense | (1) | | — | | (1) | | | | | | | — | | — | | — | | | Total reclassifications to net income | 11 | | (3) | | 8 | | | | | | | 1 | | — | | 1 | | | Net unrealized gain (loss) on cash flow hedges | 8 | | (2) | | 6 | | | | | | | (6) | | 2 | | (4) | | | Total other comprehensive income (loss) | $ | 91 | | $ | (50) | | $ | 41 | | | | | | | $ | 461 | | $ | 111 | | $ | 572 | |
(a) Includes the impact of hedges of net investments in foreign subsidiaries. See Note 14 for additional information. (b) The reclassification adjustment related to the unrealized gain (loss) on assets available-for-sale is recorded as net investment securities gains (losses) in investment and other revenue on the consolidated income statement. The amortization of prior service credit, net loss and initial obligation included in net periodic benefit cost is recorded as other expense on the consolidated income statement.
| | | | | | | | | | | | | | | | | | | | | | | | | Components of other comprehensive income (loss) | Year-to-date | | June 30, 2026 | | June 30, 2025 | | (in millions) | Pre-tax
amount | Tax
(expense)
benefit | After-tax
amount | | Pre-tax
amount | Tax
(expense)
benefit | After-tax
amount | | Foreign currency translation: | | | | | | | | Foreign currency translation adjustments arising during the period (a) | $ | (65) | | $ | (63) | | $ | (128) | | | $ | 390 | | $ | 248 | | $ | 638 | | | Total foreign currency translation | (65) | | (63) | | (128) | | | 390 | | 248 | | 638 | | | Unrealized gain (loss) on assets available-for-sale: | | | | | | | | | Unrealized gain (loss) arising during period | (477) | | 117 | | (360) | | | 593 | | (146) | | 447 | | Reclassification adjustment (b) | 75 | | (19) | | 56 | | | 35 | | (10) | | 25 | | | Net unrealized gain (loss) on assets available-for-sale | (402) | | 98 | | (304) | | | 628 | | (156) | | 472 | | | Defined benefit plans: | | | | | | | | | Net gain (loss) arising during the period | 2 | | — | | 2 | | | (7) | | 2 | | (5) | | | Foreign exchange adjustment | 1 | | — | | 1 | | | — | | — | | — | | Amortization of prior service credit, net loss and initial obligation included in net periodic benefit cost (b) | 29 | | (8) | | 21 | | | 15 | | (3) | | 12 | | | Total defined benefit plans | 32 | | (8) | | 24 | | | 8 | | (1) | | 7 | | | Unrealized gain (loss) on cash flow hedges: | | | | | | | | | Unrealized hedge gain (loss) arising during period | (34) | | 8 | | (26) | | | (6) | | 2 | | (4) | | | Reclassification of net (gain) loss to net income: | | | | | | | | | FX contracts – staff expense | 12 | | (3) | | 9 | | | 4 | | (1) | | 3 | | | FX contracts – investment and other revenue | 5 | | (1) | | 4 | | | — | | — | | — | | | | | | | | | | | | | | | | | | | Total reclassifications to net income | 17 | | (4) | | 13 | | | 4 | | (1) | | 3 | | | Net unrealized gain (loss) on cash flow hedges | (17) | | 4 | | (13) | | | (2) | | 1 | | (1) | | | Total other comprehensive income (loss) | $ | (452) | | $ | 31 | | $ | (421) | | | $ | 1,024 | | $ | 92 | | $ | 1,116 | |
(a) Includes the impact of hedges of net investments in foreign subsidiaries. See Note 14 for additional information. (b) The reclassification adjustment related to the unrealized gain (loss) on assets available-for-sale is recorded as net investment securities gains, which is included in investment and other revenue on the consolidated income statement. The amortization of prior service credit, net loss and initial obligation included in net periodic benefit cost is recorded as other expense on the consolidated income statement. | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Changes in accumulated other comprehensive income (loss) attributable to The Bank of New York Mellon Corporation shareholders | | | | | | | | Unrealized gain (loss) on assets available-for-sale (a) | Unrealized gain (loss) on cash flow hedges | Total accumulated
other comprehensive
(loss) income,
net of tax | | (in millions) | Foreign currency translation | Pensions | Other post-retirement benefits | Quarter ended June 30, 2026 | | | | | | | | | | | | | | Balance, beginning of period | | $ | (1,538) | | | $ | (1,282) | | | $ | (34) | | | $ | (610) | | | $ | (32) | | | $ | (3,496) | | | Net change | | (40) | | | 10 | | | — | | | 65 | | | 6 | | | 41 | | | Balance, end of period | | $ | (1,578) | | | $ | (1,272) | | | $ | (34) | | | $ | (545) | | | $ | (26) | | | $ | (3,455) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Quarter ended June 30, 2025 | | | | | | | | | | | | | | Balance, beginning of period | | $ | (1,827) | | | $ | (1,337) | | | $ | (42) | | | $ | (907) | | | $ | (2) | | | $ | (4,115) | | | Net change | | 425 | | | 5 | | | 1 | | | 139 | | | (4) | | | 566 | | | Balance, end of period | | $ | (1,402) | | | $ | (1,332) | | | $ | (41) | | | $ | (768) | | | $ | (6) | | | $ | (3,549) | | | | | | | | | | | | | | | Six months ended June 30, 2026 | | | | | | | | | | | | | | Balance, beginning of period | | $ | (1,451) | | | $ | (1,295) | | | $ | (35) | | | $ | (241) | | | $ | (13) | | | $ | (3,035) | | | Net change | | (127) | | | 23 | | | 1 | | | (304) | | | (13) | | | (420) | | | Balance, end of period | | $ | (1,578) | | | $ | (1,272) | | | $ | (34) | | | $ | (545) | | | $ | (26) | | | $ | (3,455) | | | | | | | | | | | | | | | Six months ended June 30, 2025 | | | | | | | | | | | | | | Balance, beginning of period | | $ | (2,031) | | | $ | (1,344) | | | $ | (36) | | | $ | (1,240) | | | $ | (5) | | | $ | (4,656) | | | Net change | | 629 | | | 12 | | | (5) | | | 472 | | | (1) | | | 1,107 | | | Balance, end of period | | $ | (1,402) | | | $ | (1,332) | | | $ | (41) | | | $ | (768) | | | $ | (6) | | | $ | (3,549) | |
(a) Held-to-maturity securities transferred from available-for-sale securities are initially recorded at fair value as of the date of transfer. On an after-tax basis, accumulated OCI (loss) includes $(11) million at June 30, 2026 and $(7) million at June 30, 2025 associated with available-for-sale securities that were transferred to held-to-maturity securities inclusive of hedges. These amounts are subsequently amortized into earnings over the same period as the related unamortized premiums and discounts.
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