Commitments And Guarantees (Tables)

6 Months Ended

Jun. 30, 2014

Commitments and Guarantees [Abstract]

Net Outstanding Standby Letters of Credit

Table 122: Net Outstanding Standby Letters of Credit
		June 30			December 31
Dollars in billions		2014			2013
Net outstanding standby letters of credit (a)		$	10.5		$	10.5
Internal credit ratings (as a percentage of portfolio):
	Pass (b)		95	%		96	%
	Below pass (c)		5	%		4	%
(a)	The amounts above include $5.9 billion and $6.6 billion which support remarketing programs at June 30, 2014 and December 31, 2013, respectively.
(b)	Indicates that expected risk of loss is currently low.
(c)	Indicates a higher degree of risk of default.

Analysis of Commercial Mortgage Recourse Obligations

Table 123: Analysis of Commercial Mortgage Recourse Obligations
In millions		2014		2013
January 1	$	33	$	43
Reserve adjustments, net		2		(6)
June 30	$	35	$	37

Analysis of Indemnification and Repurchase Liability for Asserted Claims and Unasserted Claims

Table 124: Analysis of Indemnification and Repurchase Liability for Asserted Claims and Unasserted Claims
		2014						2013
				Home						Home
				Equity						Equity
		Residential		Loans/				Residential		Loans/
In millions		Mortgages (a)		Lines (b)		Total		Mortgages (a)		Lines (b)(c)		Total
January 1		$	131	$	22	$	153	$	614	$	58	$	672
Reserve adjustments, net			(17)		12		(5)		77		(2)		75
Losses - loan repurchases and private investor settlements			(13)		(9)		(22)		(168)		(32)		(200)
June 30		$	101	$	25	$	126	$	523	$	24	$	547
(a)	Repurchase obligation associated with sold loan portfolios of $88.2 billion and $97.1 billion at June 30, 2014 and June 30, 2013, respectively.
(b)	Repurchase obligation associated with sold loan portfolios of $2.7 billion and $3.1 billion at June 30, 2014 and June 30, 2013, respectively. PNC is no longer engaged in the brokered home equity lending business, which was acquired with National City.
(c)	In prior periods, the unpaid principal balance of loans serviced for home equity loans/lines of credit in (b) above reflected the outstanding balance at the time of charge-off. During the second quarter of 2014, we corrected the outstanding principal balance to reflect the unpaid principal balance as of the reporting date. Accordingly, the prior period amount was reduced by $.7 billion.

Reinsurance Agreements Exposure

Table 125: Reinsurance Agreements Exposure (a)
		June 30				December 31
In millions		2014				2013
Accidental Death & Dismemberment			$	1,835			$	1,902
Credit Life, Accident & Health				537				621
Lender Placed Hazard (b) (c)				2,530				2,679
Borrower and Lender Paid Mortgage Insurance				50				133
Maximum Exposure			$	4,952			$	5,335
Percentage of reinsurance agreements:
Excess of Loss - Mortgage Insurance				1	%			2	%
Quota Share				99	%			98	%
Maximum Exposure to Quota Share Agreements with 100% Reinsurance			$	536			$	620
(a)	Reinsurance agreements exposure balances represent estimates based on availability of financial information from insurance carriers.
(b)	Through the purchase of catastrophe reinsurance connected to the Lender Placed Hazard Exposure, should a catastrophic event occur, PNC will benefit from this
	reinsurance. No credit for the catastrophe reinsurance protection is applied to the aggregate exposure figure.
(c)	Program has been placed into run-off for coverage issued or renewed on or after June 1, 2014 with policy terms one year or less.

Reinsurance Reserves Rollforward

A rollforward of the reinsurance reserves for probable losses for the first six months 2014 and 2013 follows:
Table 126: Reinsurance Reserves - Rollforward
In millions	2014		2013
January 1	$	32	$	61
Paid Losses		(12)		(21)
Net Provision		6		8
Changes to Agreements		(10)
June 30	$	16	$	48

Resale and Repurchase Agreements Offsetting

Table 127: Resale and Repurchase Agreements Offsetting
				Amounts				Securities
				Offset				Collateral
			Gross	on the		Net		Held Under
			Resale	Consolidated		Resale		Master Netting		Net
In millions			Agreements	Balance Sheet		Agreements (a) (b)		Agreements (c)		Amounts (b)
Resale Agreements
	June 30, 2014	$	1,077		$	1,077	$	987	$	90
	December 31, 2013		1,542			1,542		1,453		89
				Amounts				Securities
				Offset				Collateral
			Gross	on the		Net		Pledged Under
			Repurchase	Consolidated		Repurchase		Master Netting		Net
In millions			Agreements	Balance Sheet		Agreements (d) (e)		Agreements (c)		Amounts (e)
Repurchase Agreements
	June 30, 2014	$	3,055		$	3,055	$	2,178	$	877
	December 31, 2013		4,183			4,183		3,166		1,017
(a)	Represents the resale agreement amount included in Federal funds sold and resale agreements on our Consolidated Balance Sheet and the related accrued interest income in the amount of $1 million at both June 30, 2014 and December 31, 2013, respectively, which is included in Other Assets on the Consolidated Balance Sheet.
(b)	These amounts include certain long term resale agreements of $84 million at June 30, 2014 and $89 million at December 31, 2013, respectively, which are fully collateralized but do not have the benefits of a netting opinion and, therefore, might be subject to a stay in insolvency proceedings and therefore are not eligible under ASC 210-20 for netting.
(c)	In accordance with the requirements of ASU 2011-11, represents the fair value of securities collateral purchased or sold, up to the amount owed under the agreement, for agreements supported by a legally enforceable master netting agreement.
(d)	Represents the repurchase agreement amount included in Federal funds purchased and repurchase agreements on our Consolidated Balance Sheet and the related accrued interest expense in the amount of less than $1 million at both June 30, 2014 and December 31, 2013, which is included in Other Liabilities on the Consolidated Balance Sheet.
(e)	These amounts include overnight repurchase agreements of $873 million and $966 million at June 30, 2014 and December 31, 2013, respectively, entered into with municipalities, pension plans, and certain trusts and insurance companies as well as certain long term repurchase agreements of $50 million at December 31, 2013, which are fully
	collateralized but do not have the benefits of a netting opinion and, therefore, might be subject to a stay in insolvency proceedings and therefore are not eligible under ASC 210-20 for netting. There were no long term repurchase agreements as of June 30, 2014.