Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2021

Table 72: Results of Businesses


Three months ended March 31 In millions	Retail Banking		Corporate & Institutional Banking		Asset Management Group		Other		Consolidated (a)
2021
Income Statement
Net interest income	$	1,362	$	991	$	93	$	(98)	$	2,348
Noninterest income	654		807		229		182		1,872
Total revenue	2,016		1,798		322		84		4,220
Provision for (recapture of) credit losses	(257)		(282)		(9)		(3)		(551)
Depreciation and amortization	63		47		4		120		234
Other noninterest expense	1,413		664		198		65		2,340
Income (loss) from continuing operations before income taxes (benefit) and noncontrolling interests	797		1,369		129		(98)		2,197
Income taxes (benefit) from continuing operations	183		308		30		(150)		371
Net income from continuing operations	614		1,061		99		52		1,826
Less: Net income attributable to noncontrolling interests	7		3						10
Net income from continuing operations excluding noncontrolling interests	$	607	$	1,058	$	99	$	52	$	1,816
Average Assets	$	92,891	$	170,531	$	8,873	$	195,925	$	468,220
2020
Income Statement
Net interest income	$	1,456	$	950	$	88	$	17	$	2,511
Noninterest income	788		694		204		139		1,825
Total revenue	2,244		1,644		292		156		4,336
Provision for credit losses	445		458		3		8		914
Depreciation and amortization	57		48		11		124		240
Other noninterest expense	1,471		674		208		(50)		2,303
Income from continuing operations before income taxes (benefit) and noncontrolling interests	271		464		70		74		879
Income taxes (benefit) from continuing operations	62		94		16		(52)		120
Net income from continuing operations	209		370		54		126		759
Less: Net income attributable to noncontrolling interests	8						(1)		7
Net income from continuing operations excluding noncontrolling interests	$	201	$	370	$	54	$	127	$	752
Average Assets	$	97,062	$	172,502	$	7,801	$	135,071	$	412,436

(a)There were no material intersegment revenues for the three months ended March 31, 2021 and 2020.