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Correction of Prior Period Amounts
 12 Months Ended
Dec. 31, 2016
Accounting Changes and Error Corrections [Abstract]  
Correction of Prior Period Amounts
Correction of Prior Period Amounts

During the first quarter of 2016, the Company corrected a prior period error related to the recognition of income associated with two LIHC investment fund structures. This error affected historical periods beginning in 2010 through December 31, 2015. The Company recognized certain noninterest income amounts related to transactions with the two LIHC investment fund structures. These amounts should not have been recorded in earnings until the investments were liquidated or deconsolidated. This error was not material to any of the Company's previously issued financial statements. In accordance with Securities and Exchange Commission Staff Accounting Bulletin No. 108, Considering the Effects of Prior Year Misstatements when Quantifying Misstatements in Current Year Financial Statements (SAB 108), the consolidated balance sheets as of December 31, 2015 and the consolidated statements of changes in stockholder's equity for the years ended 2015, 2014 and 2013 have been adjusted to reflect the correction of this error.

The following tables show the affected line items within the consolidated financial statements presented in this Form 10-K:
 
 
December 31, 2015
(Dollars in millions)
 
As Previously Reported
 
Adjustment
 
As Corrected
Other assets
 
$
6,527

 
$
10

 
$
6,537

Other liabilities
 
2,257

 
(6
)
 
2,251

Retained earnings
 
9,134

 
(18
)
 
9,116

Noncontrolling interests
 
181

 
34

 
215


 
 
December 31, 2014
(Dollars in millions)
 
As Previously Reported
 
Adjustment
 
As Corrected
Retained earnings
 
$
8,491

 
$
(18
)
 
$
8,473

Noncontrolling interests
 
230

 
34

 
264


 
 
December 31, 2013
(Dollars in millions)
 
As Previously Reported
 
Adjustment
 
As Corrected
Retained earnings
 
$
7,699

 
$
(18
)
 
$
7,681

Noncontrolling interests
 
253

 
34

 
287