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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
ASSETS:    
Cash and due from banks $ 839 $ 1,099
Interest-bearing cash and due from banks 1,016 1,986
Interest-bearing deposits in banks 534 356
Securities available for sale, at fair value (including $297 and $4,283 pledged to creditors, respectively) [1] 17,964 17,884
Securities held to maturity (including $0 and $135 pledged to creditors, respectively, and fair value of $5,261 and $5,297, respectively) [1] 5,129 5,258
Other investment securities, at fair value 68 70
Other investment securities, at cost 896 863
Loans held for sale, at fair value 365 325
Other loans held for sale 386 40
Loans and leases 100,991 99,042
Less: Allowance for loan and lease losses 1,224 1,216
Net loans and leases 99,767 97,826
Derivative assets 1,068 625
Premises and equipment, net 570 595
Bank-owned life insurance 1,576 1,564
Goodwill 6,876 6,876
Due from broker 161 0
Other assets 2,862 2,841
TOTAL ASSETS 140,077 138,208
LIABILITIES:    
Noninterest-bearing 27,186 27,649
Interest-bearing 75,420 74,890
Total deposits 102,606 102,539
Federal funds purchased and securities sold under agreements to repurchase 714 802
Other short-term borrowed funds 3,300 2,630
Derivative liabilities 832 485
Deferred taxes, net 852 730
Long-term borrowed funds (RBS balances of $1,125 and $1,250, respectively) 10,035 9,886
Due to broker 276 0
Other liabilities 1,497 1,490
TOTAL LIABILITIES $ 120,112 $ 118,562
Contingencies (refer to Note 12)
STOCKHOLDERS’ EQUITY:    
Preferred stock, $25.00 par value, authorized 100,000,000 shares: Series A, non-cumulative perpetual, $25.00 par value (liquidation preference $1,000), 250,000 shares authorized and issued net of issuance costs and related premium at March 31, 2016, and December 31, 2015 $ 247 $ 247
Common stock: $0.01 par value, 1,000,000,000 shares authorized, 564,276,714 shares issued and 528,933,727 shares outstanding at March 31, 2016 and 1,000,000,000 shares authorized, 563,117,415 shares issued and 527,774,428 shares outstanding at December 31, 2015 6 6
Additional paid-in capital 18,730 18,725
Retained earnings 2,076 1,913
Treasury Stock, at cost, 35,342,987 shares at March 31, 2016 and December 31, 2015. (858) (858)
Accumulated other comprehensive loss (236) (387)
TOTAL STOCKHOLDERS’ EQUITY 19,965 19,646
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 140,077 $ 138,208
[1] Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.