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Consolidated Balance Sheet (USD $)
In Millions
Jun. 30, 2011
Dec. 31, 2010
Assets    
Cash and due from banks (includes $4 and $2 for VIEs) (a) $ 3,865 [1] $ 3,297 [1]
Federal funds sold and resale agreements (includes $813 and $866 measured at fair value) (b) 2,357 [2] 3,704 [2]
Trading securities 2,075 1,826
Interest-earning deposits with banks (includes $9 and $288 for VIEs) (a) 4,508 [1] 1,610 [1]
Loans held for sale (includes $2,207 and $2,755 measured at fair value) (b) 2,679 [2] 3,492 [2]
Investment securities (includes $317 and $192 for VIEs) (a) 59,414 [1] 64,262 [1]
Loans (includes $4,974 and $4,645 for VIEs) (includes $239 and $116 measured at fair value) (a) (b) 150,319 [1],[2],[3],[4] 150,595 [1],[2],[3],[4]
Allowance for loan and lease losses (includes $(105) and $(183) for VIEs) (a) (4,627) [1] (4,887) [1]
Net loans 145,692 145,708
Goodwill 8,182 8,149
Other intangible assets 2,412 2,604
Equity investments (includes $1,332 and $1,177 for VIEs) (a) 9,776 [1] 9,220 [1]
Other (includes $1,035 and $676 for VIEs) (includes $426 and $396 measured at fair value) (a) (b) 22,157 [1],[2] 20,412 [1],[2]
Total assets 263,117 264,284
Deposits    
Noninterest-bearing 52,683 50,019
Interest-bearing 129,208 133,371
Total deposits 181,891 183,390
Borrowed funds    
Federal funds purchased and repurchase agreements 3,812 4,144
Federal Home Loan Bank borrowings 5,022 6,043
Bank notes and senior debt 10,526 12,904
Subordinated debt 9,358 9,842
Other (includes $3,859 and $3,354 for VIEs) (a) 6,458 [1] 6,555 [1]
Total borrowed funds 35,176 39,488
Allowance for unfunded loan commitments and letters of credit 202 188
Accrued expenses (includes $129 and $88 for VIEs) (a) 3,502 [1] 3,188 [1]
Other (includes $824 and $456 for VIEs) (a) 7,473 [1] 5,192 [1]
Total liabilities 228,244 231,446
Equity    
Preferred stock (c) 0 [5] 0 [5]
Common stock – $5 par value Authorized 800 shares, issued 536 shares 2,682 2,682
Capital surplus - preferred stock 648 647
Capital surplus - common stock and other 12,025 12,057
Retained earnings 17,344 15,859
Accumulated other comprehensive income (loss) 69 (431)
Common stock held in treasury at cost: 10 shares (533) (572)
Total shareholders' equity 32,235 30,242
Noncontrolling interests 2,638 2,596
Total equity 34,873 32,838
Total liabilities and equity $ 263,117 $ 264,284
[1] Amounts represent the assets or liabilities of consolidated variable interest entities (VIEs).
[2] Amounts represent items for which the Corporation has elected the fair value option.
[3] Future accretable yield related to purchased impaired loans is not included in loans outstanding.
[4] Net of unearned income, net deferred loan fees, unamortized discounts and premiums, and purchase discounts and premiums totaling $2.5 billion and $2.7 billion atJune 30, 2011 and December 31, 2010, respectively.
[5] Par value less than $.5 million at each date.