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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
INTEREST INCOME:        
Interest and fees on loans and leases $ 896 $ 790 $ 1,764 $ 1,569
Interest and fees on loans held for sale, at fair value 3 3 6 5
Interest and fees on other loans held for sale 4 3 5 4
Investment securities 141 155 286 314
Interest-bearing deposits in banks 2 1 4 2
Total interest income 1,046 952 2,065 1,894
INTEREST EXPENSE:        
Deposits 63 60 123 112
Federal funds purchased and securities sold under agreements to repurchase 0 2 1 9
Other short-term borrowed funds 12 19 23 34
Long-term borrowed funds 48 31 91 63
Total interest expense 123 112 238 218
Net interest income 923 840 1,827 1,676
Provision for credit losses 90 77 181 135
Net interest income after provision for credit losses 833 763 1,646 1,541
NONINTEREST INCOME:        
Service charges and fees 150 139 294 274
Card fees 51 60 101 112
Trust and investment services fees 38 41 75 77
Capital markets fees 35 30 57 52
Foreign exchange and letter of credit fees 21 22 42 45
Mortgage banking fees 25 30 43 63
Bank-owned life insurance income 13 14 26 26
Securities gains, net 4 9 13 17
Net securities impairment losses recognized in earnings (7) (2) (8) (3)
Other income 25 17 42 44
Total noninterest income 355 360 685 707
NONINTEREST EXPENSE:        
Salaries and employee benefits 432 411 857 830
Outside services 86 99 177 178
Occupancy 76 90 152 170
Equipment expense 64 65 129 128
Amortization of software 41 37 80 73
Other operating expense 128 139 243 272
Total noninterest expense 827 841 1,638 1,651
Income before income tax expense 361 282 693 597
Income tax expense 118 92 227 198
NET INCOME 243 190 466 399
Net income available to common stockholders $ 243 $ 190 $ 459 $ 399
Weighted-average common shares outstanding:        
Basic (in Shares) 528,968,330 537,729,248 528,519,489 541,986,653
Diluted (in Shares) 530,365,203 539,909,366 530,396,871 544,804,268
Per common share information:        
Basic earnings (in Dollars per Share) $ 0.46 $ 0.35 $ 0.87 $ 0.74
Diluted earnings (in Dollars per Share) 0.46 0.35 0.87 0.73
Dividends declared and paid (in Dollars per Share) $ 0.12 $ 0.10 $ 0.22 $ 0.20