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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
INTEREST INCOME:        
Interest and fees on loans and leases $ 1,287 $ 1,096 $ 3,663 $ 3,128
Interest and fees on loans held for sale, at fair value 14 5 23 13
Interest and fees on other loans held for sale 2 3 9 6
Investment securities 167 155 500 469
Interest-bearing deposits in banks 7 5 21 13
Total interest income 1,477 1,264 4,216 3,629
INTEREST EXPENSE:        
Deposits 214 123 540 311
Federal funds purchased and securities sold under agreements to repurchase 2 1 4 2
Other short-term borrowed funds 19 7 42 22
Long-term borrowed funds 94 71 270 201
Total interest expense 329 202 856 536
Net interest income 1,148 1,062 3,360 3,093
Provision for credit losses 78 72 241 238
Net interest income after provision for credit losses 1,070 990 3,119 2,855
NONINTEREST INCOME:        
Service charges and fees 131 131 382 385
Card fees 61 58 182 177
Capital markets fees 47 53 134 152
Trust and investment services fees 45 38 128 116
Letter of credit and loan fees 32 30 94 90
Foreign exchange and interest rate products 31 24 92 77
Mortgage banking fees 49 27 101 80
Securities gains, net 3 2 13 9
Net impairment losses recognized in earnings on debt securities (1) (1) (3) (6)
Other income 18 19 52 50
Total noninterest income 416 381 1,175 1,130
NONINTEREST EXPENSE:        
Salaries and employee benefits 474 438 1,397 1,316
Outside services 107 99 312 286
Occupancy 81 78 241 239
Equipment expense 70 65 201 196
Amortization of software 47 45 139 134
Other operating expense 131 133 378 405
Total noninterest expense 910 858 2,668 2,576
Income before income tax expense 576 513 1,626 1,409
Income tax expense 133 165 370 423
NET INCOME 443 348 1,256 986
Net income available to common stockholders $ 436 $ 341 $ 1,242 $ 972
Weighted-average common shares outstanding:        
Basic (in Shares) 475,957,526 500,861,076 482,691,884 505,529,991
Diluted (in Shares) 477,599,917 502,157,384 484,250,843 507,062,805
Per common share information:        
Basic earnings (in Dollars per Share) $ 0.92 $ 0.68 $ 2.57 $ 1.92
Diluted earnings (in Dollars per Share) 0.91 0.68 2.57 1.92
Dividends declared and paid (in Dollars per Share) $ 0.27 $ 0.18 $ 0.71 $ 0.46