Investment Securities (Tables)

6 Months Ended

Jun. 30, 2011

Investment Securities (dollars in millions)

	June 30,	December 31,
	2011	2010
Debt securities available-for-sale	$2,700.1	$ -
Equity securities available-for-sale	22.7	37.5
Debt securities held-to-maturity ⁽¹⁾	178.1	195.9
Non-marketable equity securities carried at cost ⁽²⁾	82.4	95.1
Total investment securities	$2,983.3	$ 328.5

(1)	Recorded at amortized cost less impairment on securities that have credit-related impairment.
(2)	Non-marketable equity securities are carried at cost and primarily consist of shares issued by customers during loan work out situations or as part of an original loan investment.

Amortized Cost And Fair Value Of Securities Available-For-Sale


	June 30, 2011
		Gross
	Amortized	Unrealized	Fair
	Cost	Gains	Value
Debt securities AFS
U.S. Treasury	$1,805.0	$ 0	$1,805.0
U.S. Government Agency Obligations	895.1	0	895.1
Total debt securities available for sale	2,700.1	0	2,700.1
Equity securities AFS	16.5	6.2	22.7
Total securities AFS	$2,716.6	$ 6.2	$2,722.8

Schedule Of Interest And Dividends On Investments


(dollars in millions)	Quarter Ended June 30,		Six Months Ended June 30,
	2011	2010	2011	2010
Interest	$ 6.9	$ 6.3	$ 14.6	$ 11.9
Dividends	0.9	1.0	0.9	2.7
Total interest and dividends	$ 7.8	$ 7.3	$ 15.5	$ 14.6

Carrying Value And Fair Value Of Securities Held-To-Maturity


		Gross
	Carrying	unrecognized	Fair
	value	gains	value
June 30, 2011
U.S. Treasury and federal agency securities
U.S. Treasury Agency obligations	$105.2	$0.8	$106.0
Mortgage-backed securities
U.S. government and government-sponsored agency guaranteed	53.6	1.9	55.5
State and municipal	0.4	0	0.4
Foreign government	18.9	0	18.9
Total debt securities held-to-maturity	$178.1	$2.7	$180.8
December 31, 2010
U.S. Treasury and federal agency securities
U.S. Treasury Agency obligations	$ 119.8	$ 0.7	$ 120.5
Mortgage-backed securities
U.S. government and government-sponsored agency guaranteed	56.9	1.0	57.9
State and municipal	0.4	0	0.4
Foreign government	18.8	0	18.8
Total debt securities held-to-maturity	$ 195.9	$ 1.7	$ 197.6

Amortized Cost And Fair Value Of Debt Securities Held-To-Maturity By Contractual Maturity Dates

	June 30, 2011		December 31, 2010
(dollars in millions)	Amortized	Fair	Amortized	Fair
	Cost	Value	Cost	Value
Mortgage-backed securities (1)
After 10 years (2)	$53.6	$55.5	$ 56.9	$ 57.9
Total	53.6	55.5	56.9	57.9
U.S. Treasury and federal agencies
After 1 but within 5 years	105.2	106.0	119.8	120.5
Total	105.2	106.0	119.8	120.5
State and municipal
After 1 but within 5 years	0.3	0.3	0.2	0.2
After 5 but within 10 years	0.1	0.1	0.2	0.2
Total	0.4	0.4	0.4	0.4
Foreign government
Due within 1 year	18.9	18.9	18.8	18.8
Total	18.9	18.9	18.8	18.8
Total debt securities HTM	$178.1	$180.8	$ 195.9	$ 197.6

(1)	Includes mortgage-backed securities of U.S. federal agencies.
(2)	Investments with no stated maturities are included as contractual maturities of greater than 10 years. Actual maturities may differ due to call or prepayment rights.

- Definition

This item represents the entire disclosure related to Available-for-sale Securities which consist of all investments in certain debt and equity securities neither classified as trading or held-to-maturity securities. A debt security represents a creditor relationship with an enterprise. Debt securities include, among other items, US Treasury securities, US government securities, municipal securities, corporate bonds, convertible debt, commercial paper, and all securitized debt instruments. An equity security represents an ownership interest in an enterprise or the right to acquire or dispose of an ownership interest in an enterprise at fixed or determinable prices. Equity securities include, among other things, common stock, certain preferred stock, warrant rights, call options, and put options, but do not include convertible debt. An entity may opt to provide the reader with additional narrative text to better understand the nature of investments in debt and equity securities which are categorized as Available-for-sale.

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