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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
ASSETS:    
Cash and due from banks $ 987 $ 955
Interest-bearing cash and due from banks 2,045 2,749
Interest-bearing deposits in banks 192 439
Securities available for sale, at fair value (including $91 and $256 pledged to creditors, respectively) [1] 20,157 19,501
Securities held to maturity (fair value of $4,668 and $5,058, respectively) 4,685 5,071
Other investment securities, at fair value 169 96
Other investment securities, at cost 722 942
Loans held for sale, at fair value 497 583
Other loans held for sale 221 42
Loans and leases [2],[3] 110,617 107,669
Less: Allowance for loan and lease losses (1,236) (1,236)
Net loans and leases 109,381 106,433
Derivative assets 617 627
Premises and equipment, net 685 601
Bank-owned life insurance 1,656 1,612
Goodwill 6,887 6,876
Due from broker 6 0
Other assets 3,429 2,993
TOTAL ASSETS 152,336 149,520
Deposits:    
Noninterest-bearing 29,279 28,472
Interest-bearing 85,810 81,332
Total deposits 115,089 109,804
Federal funds purchased and securities sold under agreements to repurchase 815 1,148
Other short-term borrowed funds 1,856 3,211
Derivative liabilities 310 659
Deferred taxes, net 571 714
Long-term borrowed funds 11,765 12,790
Other liabilities 1,660 1,447
TOTAL LIABILITIES 132,066 129,773
Contingencies (refer to Note 18)
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 December 31, 2017 and December 31, 2016 247 247
Common stock:    
$0.01 par value, 1,000,000,000 shares authorized, 565,850,984 shares issued and 490,812,912 shares outstanding at December 31, 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 18,781 18,722
Retained earnings 4,164 2,703
Treasury stock, at cost, 75,038,072 and 52,675,671 shares at December 31, 2017 and December 31, 2016, respectively (2,108) (1,263)
Accumulated other comprehensive loss (820) (668)
TOTAL STOCKHOLDERS’ EQUITY 20,270 19,747
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 152,336 $ 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 $718 million and $625 million as of December 31, 2017 and 2016, respectively.
[3] Mortgage loans serviced for others by the Company’s subsidiaries are not included above, and amounted to $20.3 billion and $17.3 billion at December 31, 2017 and 2016, respectively.