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Consolidated Income Statement (USD $)
In Millions, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Interest Income    
Loans$ 1,904$ 1,996$ 5,693$ 6,314
Investment securities5115921,6381,787
Other115113329378
Total interest income2,5302,7017,6608,479
Interest Expense    
Deposits167233529758
Borrowed funds188253630692
Total interest expense3554861,1591,450
Net interest income2,1752,2156,5017,029
Noninterest Income    
Asset management287249838751
Consumer services330328974939
Corporate services187183632712
Residential mortgage198216556542
Service charges on deposits140164394573
Net gains on sales of securities68121187358
Other-than-temporary impairments(122)(117)(225)(475)
Less: Noncredit portion of other-than-temporary impairments (a)(87)[1](46)[1](117)[1](194)[1]
Net other-than-temporary impairments(35)(71)(108)(281)
Other194193803650
Total noninterest income1,3691,3834,2764,244
Total revenue3,5443,59810,77711,273
Provision for credit losses (benefit)2614869622,060
Noninterest Expense    
Personnel9499592,9142,874
Occupancy171177540536
Equipment159152484492
Marketing7281175196
Other7897892,2732,175
Total noninterest expense2,1402,1586,3866,273
Income (loss) from continuing operations before income taxes and noncontrolling interests1,1439543,4292,940
Income taxes (benefit)309179851736
Income (loss) from continuing operations before noncontrolling interests8347752,5782,204
Income from discontinued operations (net of income taxes of zero, $311, zero, and $338) 328 373
Net income8341,1032,5782,577
Net income (loss) attributable to noncontrolling interests42(2)(12)
Preferred stock dividends4432122
Preferred stock discount accretion and redemptions031254
Net income attributable to common shareholders$ 826$ 1,094$ 2,547$ 2,213
Basic Earnings Per Common Share    
Continuing operations$ 1.57$ 1.45$ 4.84$ 3.56
Discontinued operations $ 0.63 $ 0.72
Net income$ 1.57$ 2.08$ 4.84$ 4.28
Diluted Earnings Per Common Share    
Continuing operations$ 1.55$ 1.45$ 4.79$ 3.52
Discontinued operations $ 0.62 $ 0.72
Net income$ 1.55$ 2.07$ 4.79$ 4.24
Average Common Shares Outstanding    
Basic524523524515
Diluted526526526518
[1]Included in accumulated other comprehensive income (loss).