This invention relates to polycarbonate compositions comprising: (A) at least one polycarbonate comprising repeating units derived from a dihydroxyaromatic compound or a dihydroxyaliphatic compound of the formula HO--Y--OH; and (B) at least one salt prepared from the reaction of one or more acidic phosphorus-containing compounds and one or more hindered amine light stabilizers. The polycarbonate compositions exhibit improved hydrolytic stability.