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Consolidated Balance Sheet (Parenthetical) - USD ($)
$ in Millions
Sep. 30, 2018
Dec. 31, 2017
Loans held for sale [1] $ 1,108.0 $ 2,655.0
Loans [1] 223,053.0 220,458.0
Other assets [1] 28,851.0 27,894.0
Other borrowed funds [2] $ 5,479.0 $ 4,789.0
Common stock, par value (in dollars per share) $ 5 $ 5
Common stock, authorized (shares) 800,000,000 800,000,000
Common stock, issued (shares) 542,000,000 542,000,000
Common stock held in treasury at cost (shares) 80,000,000 69,000,000
Par value less than $.5 million at each date [3] $ 0.5 $ 0.5
Securities reclassified to equity investments 100.0 100.0
Portion at Fair Value, Fair Value Disclosure    
Loans held for sale, fair value 1,000.0 1,700.0
Loans, fair value 800.0 900.0
Other assets, fair value 200.0 300.0
Other borrowed funds, fair value $ 100.0 $ 100.0
[1] Our consolidated assets included the following for which we have elected the fair value option: Loans held for sale of $1.0 billion, Loans of $.8 billion and Other assets of $.2 billion at September 30, 2018 and Loans held for sale of $1.7 billion, Loans of $.9 billion and Other assets of $.3 billion at December 31, 2017.
[2] Our consolidated liabilities at both September 30, 2018 and December 31, 2017 included Other borrowed funds of $.1 billion for which we have elected the fair value option.
[3] Par value less than $.5 million at each date.