Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2020

Segment Reporting [Abstract]

Results of Businesses

Table 81: Results of Businesses

Three months ended June 30 In millions	Retail Banking			Corporate & Institutional Banking			Asset Management Group			Other			Consolidated (a)
2020
Income Statement
Net interest income	$	1,390		$	1,052		$	89		$	(4	)	$	2,527
Noninterest income	585			726			204			34			1,549
Total revenue	1,975			1,778			293			30			4,076
Provision for credit losses	761			1,585			39			78			2,463
Depreciation and amortization	67			51			12			121			251
Other noninterest expense	1,433			622			205			4			2,264
Income (loss) from continuing operations before income taxes (benefit) and  noncontrolling interests	(286		)	(480		)	37			(173		)	(902		)
Income taxes (benefit)	(63		)	(122		)	9			18			(158		)
Net income (loss) from continuing operations	$	(223	)	$	(358	)	$	28		$	(191	)	$	(744	)
Average Assets	$	102,103		$	199,254		$	7,958		$	147,998		$	457,313
2019
Income Statement
Net interest income	$	1,376		$	897		$	68		$	157		$	2,498
Noninterest income	657			661			286			113			1,717
Total revenue	2,033			1,558			354			270			4,215
Provision for credit losses (benefit)	81			100						(1		)	180
Depreciation and amortization	59			50			28			120			257
Other noninterest expense	1,468			648			221			17			2,354
Income from continuing operations before income taxes (benefit) and noncontrolling interests	425			760			105			134			1,424
Income taxes (benefit)	100			158			25			(44		)	239
Net income from continuing operations	$	325		$	602		$	80		$	178		$	1,185
Average Assets	$	92,350		$	163,897		$	7,150		$	133,565		$	396,962
Six months ended June 30 In millions	Retail Banking			Corporate & Institutional Banking			Asset Management Group			Other			Consolidated (a)
2020
Income Statement
Net interest income	$	2,846		$	2,002		$	177		$	13		$	5,038
Noninterest income	1,373			1,420			408			173			3,374
Total revenue	4,219			3,422			585			186			8,412
Provision for credit losses	1,206			2,043			42			86			3,377
Depreciation and amortization	124			99			23			245			491
Other noninterest expense	2,912			1,296			413			(54		)	4,567
Income (loss) from continuing operations before income taxes (benefit) and noncontrolling interests	(23		)	(16		)	107			(91		)	(23		)
Income taxes (benefit)	(1		)	(28		)	25			(34		)	(38		)
Net income (loss) from continuing operations	$	(22	)	$	12		$	82		$	(57	)	$	15
Average Assets	$	99,583		$	185,878		$	7,880		$	141,533		$	434,874
2019
Income Statement
Net interest income	$	2,725		$	1,774		$	138		$	336		$	4,973
Noninterest income	1,252			1,237			503			311			3,303
Total revenue	3,977			3,011			641			647			8,276
Provision for credit losses (benefit)	209			171			(1		)	(10		)	369
Depreciation and amortization	110			100			40			241			491
Other noninterest expense	2,885			1,284			439			90			4,698
Income from continuing operations before income taxes (benefit) and noncontrolling interests	773			1,456			163			326			2,718
Income taxes (benefit)	184			302			38			(73		)	451
Net income from continuing operations	$	589		$	1,154		$	125		$	399		$	2,267
Average Assets	$	91,805		$	160,551		$	7,204		$	131,901		$	391,461

(a) There were no material intersegment revenues for the three and six months ended June 30, 2020 and 2019.