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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
INTEREST INCOME:        
Interest and fees on loans and leases $ 1,040 $ 896 $ 2,032 $ 1,764
Interest and fees on loans held for sale, at fair value 4 3 8 6
Interest and fees on other loans held for sale 2 4 3 5
Investment securities 154 141 314 286
Interest-bearing deposits in banks 5 2 8 4
Total interest income 1,205 1,046 2,365 2,065
INTEREST EXPENSE:        
Deposits 102 63 188 123
Federal funds purchased and securities sold under agreements to repurchase 0 0 1 1
Other short-term borrowed funds 7 12 15 23
Long-term borrowed funds 70 48 130 91
Total interest expense 179 123 334 238
Net interest income 1,026 923 2,031 1,827
Provision for credit losses 70 90 166 181
Net interest income after provision for credit losses 956 833 1,865 1,646
NONINTEREST INCOME:        
Service charges and fees 129 130 254 256
Card fees 59 51 119 101
Capital markets fees 51 38 99 63
Trust and investment services fees 39 38 78 75
Letter of credit and loan fees 31 28 60 55
Foreign exchange and interest rate products 26 26 53 44
Mortgage banking fees 30 25 53 43
Securities gains, net 3 4 7 13
Net securities impairment losses recognized in earnings (4) (7) (5) (8)
Other income 6 22 31 43
Total noninterest income 370 355 749 685
NONINTEREST EXPENSE:        
Salaries and employee benefits 432 432 876 857
Outside services 96 86 187 177
Occupancy 79 76 161 152
Equipment expense 64 64 131 129
Amortization of software 45 41 89 80
Other operating expense 148 128 274 243
Total noninterest expense 864 827 1,718 1,638
Income before income tax expense 462 361 896 693
Income tax expense 144 118 258 227
NET INCOME 318 243 638 466
Net income available to common stockholders $ 318 $ 243 $ 631 $ 459
Weighted-average common shares outstanding:        
Basic (in Shares) 506,371,846 528,968,330 507,903,141 528,519,489
Diluted (in Shares) 507,414,122 530,365,203 509,362,055 530,396,871
Per common share information:        
Basic earnings (in Dollars per Share) $ 0.63 $ 0.46 $ 1.24 $ 0.87
Diluted earnings (in Dollars per Share) 0.63 0.46 1.24 0.87
Dividends declared and paid (in Dollars per Share) $ 0.14 $ 0.12 $ 0.28 $ 0.22