VARIABLE INTEREST ENTITIES (Tables)

6 Months Ended

Jun. 30, 2012

VARIABLE INTEREST ENTITIES

Schedule of Consolidated Variable Interest Entities

	VIE Assets(a)					VIE Liabilities				Off-Balance Sheet Exposure
(in billions)	June 30, 2012			December 31, 2011		June 30, 2012		December 31, 2011		June 30, 2012		December 31, 2011
AIA/ALICO SPVs	$	1.7	(b)	$	14.2	$	0.1	$	0.1		$                -		$                -
Real estate and investment funds		1.4			1.5		0.4		0.4		0.1		0.1
Commercial paper conduit		0.2			0.5		-		0.2		-		-
Affordable housing partnerships		2.4			2.5		0.2		0.1		-		-
Other		4.7			4.1		1.2		1.8		-		-
Total	$	10.4		$	22.8	$	1.9	$	2.6		$            0.1		$            0.1

(a)

The assets of each VIE can be used only to settle specific obligations of that VIE.

(b)

Decrease primarily due to the retirement of the AIA SPV Preferred Interests, held by the Department of Treasury. As a result, the AIA SPV no longer qualified as a VIE. Assets include $1.6 billion of cash held in escrow. See Note 9(D) herein for further discussion of the escrow arrangement.

Schedule of Unconsolidated Variable Interest Entities

			Maximum Exposure to Loss
(in billions)	Total VIE Assets		On-Balance Sheet		Off-Balance Sheet		Total
June 30, 2012
Real estate and investment funds	$	16.4	$	1.9	$	0.2	$	2.1
Affordable housing partnerships		0.5		0.5		-		0.5
Maiden Lane III interest		13.4		8.2		-		8.2
Other		1.0		0.1		-		0.1
Total	$	31.3	$	10.7	$	0.2	$	10.9
December 31, 2011
Real estate and investment funds	$	18.3	$	2.1	$	0.3	$	2.4
Affordable housing partnerships		0.6		0.6		-		0.6
Maiden Lane II and III interests		27.1		7.0		-		7.0
Other		1.5		-		-		-
Total	$	47.5	$	9.7	$	0.3	$	10.0

Schedule of Assets And Liabilities of Variable Interest Entities by Balance Sheet Location

	Consolidated VIEs				Unconsolidated VIEs
(in billions)	June 30, 2012		December 31, 2011		June 30, 2012		December 31, 2011
Assets:
Available for sale securities	$	0.4	$	0.4	$	-	$	-
Trading securities		1.0		1.3		8.3		7.1
Mortgage and other loans receivable		0.5		0.5		-		-
Other invested assets*		4.6		17.2		2.4		2.6
Other asset accounts		3.9		3.4		-		-
Total	$	10.4	$	22.8	$	10.7	$	9.7
Liabilities:
Other long-term debt	$	1.0	$	1.7	$	-	$	-
Other liability accounts		0.9		0.9		-		-
Total	$	1.9	$	2.6	$	-	$	-

*

Decrease primarily due to the retirement of the AIA SPV Preferred Interests. See Note 1 herein for further discussion.