Other Assets (Tables)

6 Months Ended

Jun. 30, 2015

The components of other assets were:



(in millions)	Jun 30, 2015		Dec 31, 2014
Nonmarketable equity investments:
Cost method:
Private equity and other (1)	$	2,461	2,300
Federal bank stock	4,400		4,733
Total cost method	6,861		7,033
Equity method:
LIHTC investments (2)	7,887		7,278
Private equity and other	4,911		5,132
Total equity method	12,798		12,410
Fair value (3)	2,636		2,512
Total nonmarketable equity investments	22,295		21,955
Corporate/bank-owned life insurance	19,109		18,982
Accounts receivable (4)	23,943		27,151
Interest receivable	5,059		4,871
Core deposit intangibles	3,050		3,561
Customer relationship and other amortized intangibles	743		857
Foreclosed assets:
Residential real estate:
Government insured/guaranteed (4)	588		982
Non-government insured/guaranteed	576		671
Non-residential real estate	794		956
Operating lease assets	3,309		2,714
Due from customers on acceptances	220		201
Other (5)	16,899		16,156
Total other assets	$	96,585	99,057


(1)	Reflects auction rate perpetual preferred equity securities that were reclassified at the beginning of second quarter 2015 with a cost basis of $689 million (fair value of $640 million) from available-for-sale securities because they do not trade on a qualified exchange.


(2)	Represents low income housing tax credit investments.


(3)	Represents nonmarketable equity investments for which we have elected the fair value option. See Note 13 (Fair Values of Assets and Liabilities) for additional information.

(4)

Certain government-guaranteed residential real estate mortgage loans upon foreclosure are included in Accounts receivable effective January 1, 2014. Both principal and interest related to these foreclosed real estate assets are collectible because the loans were predominantly insured by the FHA or guaranteed by the VA. For more information on ASU 2014-14 and the classification of certain government-guaranteed mortgage loans upon foreclosure, see Note 1 (Summary of Significant Accounting Policies) to Financial Statements in our 2014 10-K.


(5)	Includes derivatives designated as hedging instruments, derivatives not designated as hedging instruments, and derivative loan commitments, which are carried at fair value. See Note 12 (Derivatives) for additional information.

Income (expense) related to nonmarketable equity investments was:



	Quarter ended June 30,					Six months ended June 30,
(in millions)	2015			2014		2015		2014
Net realized gains from nonmarketable equity investments	$	479		381		830		932
All other	(278		)	(209	)	(426	)	(432	)
Total	$	201		172		404		500