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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
INTEREST INCOME:        
Interest and fees on loans and leases $ 926 $ 812 $ 2,690 $ 2,381
Interest and fees on loans held for sale, at fair value 4 3 10 8
Interest and fees on other loans held for sale 1 3 6 7
Investment securities 146 154 432 468
Interest-bearing deposits in banks 2 2 6 4
Total interest income 1,079 974 3,144 2,868
INTEREST EXPENSE:        
Deposits 71 65 194 177
Federal funds purchased and securities sold under agreements to repurchase 1 4 2 13
Other short-term borrowed funds 10 17 33 51
Long-term borrowed funds 52 32 143 95
Total interest expense 134 118 372 336
Net interest income 945 856 2,772 2,532
Provision for credit losses 86 76 267 211
Net interest income after provision for credit losses 859 780 2,505 2,321
NONINTEREST INCOME:        
Service charges and fees 152 145 446 419
Card fees 52 60 153 172
Trust and investment services fees 37 41 112 118
Capital markets fees 34 21 91 73
Foreign exchange and letter of credit fees 23 22 65 67
Mortgage banking fees 33 18 76 81
Bank-owned life insurance income 14 14 40 40
Securities gains, net 0 2 13 19
Net securities impairment losses recognized in earnings (3) (2) (11) (5)
Other income 93 32 135 76
Total noninterest income 435 353 1,120 1,060
NONINTEREST EXPENSE:        
Salaries and employee benefits 432 404 1,289 1,234
Outside services 102 89 279 267
Occupancy 78 75 230 245
Equipment expense 65 62 194 190
Amortization of software 46 35 126 108
Other operating expense 144 133 387 405
Total noninterest expense 867 798 2,505 2,449
Income before income tax expense 427 335 1,120 932
Income tax expense 130 115 357 313
NET INCOME 297 220 763 619
Net income available to common stockholders $ 290 $ 213 $ 749 $ 612
Weighted-average common shares outstanding:        
Basic (in Shares) 519,458,976 530,985,255 525,477,273 538,279,222
Diluted (in Shares) 521,122,466 533,398,158 527,261,384 540,926,361
Per common share information:        
Basic earnings (in Dollars per Share) $ 0.56 $ 0.40 $ 1.43 $ 1.14
Diluted earnings (in Dollars per Share) 0.56 0.40 1.42 1.13
Dividends declared and paid (in Dollars per Share) $ 0.12 $ 0.10 $ 0.34 $ 0.3