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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
ASSETS:    
Cash and due from banks $ 781 $ 955
Interest-bearing cash and due from banks 1,339 2,749
Interest-bearing deposits in banks 287 439
Securities available for sale, at fair value (including $96 and $256 pledged to creditors, respectively) [1] 19,982 19,501
Securities held to maturity (including fair value of $4,839 and $5,058, respectively) 4,823 5,071
Other investment securities, at fair value 165 96
Other investment securities, at cost 772 942
Loans held for sale, at fair value 500 583
Other loans held for sale 724 42
Loans and leases [2],[3] 110,151 107,669
Less: Allowance for loan and lease losses (1,224) (1,236)
Net loans and leases 108,927 106,433
Derivative assets 596 627
Premises and equipment, net 618 601
Bank-owned life insurance 1,646 1,612
Goodwill 6,887 6,876
Due from broker 226 0
Other assets 3,083 2,993
TOTAL ASSETS 151,356 149,520
Deposits:    
Noninterest-bearing 28,643 28,472
Interest-bearing 84,592 81,332
Total deposits 113,235 109,804
Federal funds purchased and securities sold under agreements to repurchase 453 1,148
Other short-term borrowed funds 1,505 3,211
Derivative liabilities 242 659
Deferred taxes, net 744 714
Long-term borrowed funds 13,400 12,790
Other liabilities 1,668 1,447
TOTAL LIABILITIES 131,247 129,773
Contingencies (refer to Note 11)
Preferred stock, $25.00 par value, authorized 100,000,000 shares:    
Series A, non-cumulative perpetual, $25 par value,(liquidation preference $1,000), 250,000 shares authorized and issued net of issuance costs and related premium at September 30, 2017 and December 31, 2016 247 247
Common stock:    
$0.01 par value, 1,000,000,000 shares authorized, 565,769,260 shares issued and 499,505,285 shares outstanding at September 30, 2017 and 1,000,000,000 shares authorized, 564,630,542 shares issued and 511,954,871 shares outstanding at December 31, 2016 6 6
Additional paid-in capital 18,768 18,722
Retained earnings 3,442 2,703
Treasury stock, at cost, 66,263,975 and 52,675,671 shares at September 30, 2017 and December 31, 2016, respectively (1,773) (1,263)
Accumulated other comprehensive loss (581) (668)
TOTAL STOCKHOLDERS’ EQUITY 20,109 19,747
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 151,356 $ 149,520
[1] Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.
[2] Excluded from the table above are loans held for sale totaling $1.2 billion and $625 million as of September 30, 2017 and December 31, 2016, respectively.
[3] Mortgage loans serviced for others by the Company’s subsidiaries are not included above, and amounted to $17.7 billion and $17.3 billion at September 30, 2017 and December 31, 2016, respectively.