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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
ASSETS:    
Cash and due from banks $ 1,172 $ 987
Interest-bearing cash and due from banks 2,687 2,045
Interest-bearing deposits in banks 142 192
Debt securities available for sale, at fair value (including $85 and $91 pledged to creditors, respectively) [1] 19,958 20,157
Debt securities held to maturity (fair value of $4,439 and $4,668, respectively) 4,555 4,685
Equity securities, at fair value 172 169
Equity securities, at cost 748 722
Loans held for sale, at fair value 478 497
Other loans held for sale 322 221
Loans and leases [2],[3] 111,425 110,617
Less: Allowance for loan and lease losses (1,246) (1,236)
Net loans and leases 110,179 109,381
Derivative assets 274 617
Premises and equipment, net 687 685
Bank-owned life insurance 1,669 1,656
Goodwill 6,887 6,887
Due from broker 84 6
Other assets 3,439 3,429
TOTAL ASSETS 153,453 152,336
Deposits:    
Noninterest-bearing 28,437 29,279
Interest-bearing 87,293 85,810
Total deposits 115,730 115,089
Federal funds purchased and securities sold under agreements to repurchase 315 815
Other short-term borrowed funds 1,494 1,856
Derivative liabilities 331 310
Deferred taxes, net 475 571
Long-term borrowed funds 13,486 11,765
Due to broker 84 0
Other liabilities 1,479 1,660
TOTAL LIABILITIES 133,394 132,066
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 March 31, 2018 and December 31, 2017 247 247
Common stock:    
$0.01 par value, 1,000,000,000 shares authorized, 566,476,539 shares issued and 487,551,444 shares outstanding at March 31, 2018 and 1,000,000,000 shares authorized, 565,850,984 shares issued and 490,812,912 shares outstanding at December 31, 2017 6 6
Additional paid-in capital 18,797 18,781
Retained earnings 4,437 4,164
Treasury stock, at cost, 78,925,095 and 75,038,072 shares at March 31, 2018 and December 31, 2017, respectively (2,283) (2,108)
Accumulated other comprehensive loss (1,145) (820)
TOTAL STOCKHOLDERS’ EQUITY 20,059 20,270
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 153,453 $ 152,336
[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 $800 million and $718 million as of March 31, 2018 and December 31, 2017, respectively.
[3] Mortgage loans serviced for others by the Company’s subsidiaries are not included above, and amounted to $20.2 billion and $20.3 billion at March 31, 2018 and December 31, 2017, respectively.