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Consolidated Balance Sheet (USD $)
In Millions, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Assets    
Cash and due from banks (includes $6 and $7 for VIEs) (a) $ 4,136 [1] $ 4,105 [1]
Federal funds sold and resale agreements (includes $542 and $732 measured at fair value) (b) 1,646 [2] 2,205 [2]
Trading securities 2,121 2,513
Interest-earning deposits with banks (includes $8 and $325 for VIEs) (a) 3,995 [1] 1,169 [1]
Loans held for sale (includes $2,776 and $2,365 measured at fair value) (b) 3,333 [2] 2,936 [2]
Investment securities (includes $108 and $109 for VIEs) (a) 61,937 [1] 60,634 [1]
Loans (includes $7,987 and $6,096 for VIEs) (includes $291 and $227 measured at fair value) (a) (b) 180,425 [1],[2],[3],[4] 159,014 [1],[2],[3],[4]
Allowance for loan and lease losses (includes $(84) and $(91) for VIEs) (a) (4,156) [1] (4,347) [1]
Net loans 176,269 154,667
Goodwill 9,158 [5] 8,285 [5]
Other intangible assets 1,804 1,859
Equity investments (includes $1,729 and $1,643 for VIEs) (a) 10,617 [1] 10,134 [1]
Other (includes $1,184 and $1,205 for VIEs) (includes $200 and $210 measured at fair value) (a) (b) 24,559 [1],[2] 22,698 [1],[2]
Total assets 299,575 271,205
Deposits    
Noninterest-bearing 64,476 59,048
Interest-bearing 142,447 128,918
Total deposits 206,923 187,966
Borrowed funds    
Federal funds purchased and repurchase agreements 4,166 2,984
Federal Home Loan Bank borrowings 10,440 6,967
Bank notes and senior debt 10,185 11,793
Subordinated debt 7,593 8,321
Other (includes $6,545 and $4,777 for VIEs) (a) 11,305 [1] 6,639 [1]
Total borrowed funds 43,689 36,704
Allowance for unfunded loan commitments and letters of credit 224 240
Accrued expenses (includes $105 and $155 for VIEs) (a) 3,428 [1] 4,175 [1]
Other (includes $837 and $734 for VIEs) (a) 5,097 [1] 4,874 [1]
Total liabilities 259,361 233,959
Equity    
Preferred stock (c) 0 [6] 0 [6]
Common stock ($5 par value, authorized 800 shares, issued 537 shares) 2,687 2,683
Capital surplus - preferred stock 3,120 1,637
Capital surplus - common stock and other 12,098 12,072
Retained earnings 19,149 18,253
Accumulated other comprehensive income (loss) 402 (105)
Common stock held in treasury at cost: 8 and 10 shares (451) (487)
Total shareholders' equity 37,005 34,053
Noncontrolling interests 3,209 3,193
Total equity 40,214 37,246
Total liabilities and equity $ 299,575 $ 271,205
[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] Net of unearned income, net deferred loan fees, unamortized discounts and premiums, and purchase discounts and premiums totaling $3.1 billion and $2.3 billion atJune 30, 2012 and December 31, 2011, respectively.
[4] Future accretable yield related to purchased impaired loans is not included in loans outstanding.
[5] The Non-Strategic Assets Portfolio business segment does not have any goodwill allocated to it.
[6] Par value less than $.5 million at each date.