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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
ASSETS:    
Cash and due from banks $ 1,035 $ 1,037
Interest-bearing cash and due from banks 11,606 11,696
Interest-bearing deposits in banks 401 306
Debt securities available for sale, at fair value (including $568 and $549 pledged to creditors, respectively) [1] 24,583 22,942
Debt securities held to maturity (fair value of $2,790 and $3,357 respectively, and including $124 and $144 pledged to creditors, respectively) [1] 2,711 3,235
Loans held for sale, at fair value 3,616 3,564
Other loans held for sale 82 439
Loans and leases 122,581 123,090
Less: Allowance for loan and lease losses (1,947) (2,443)
Net loans and leases 120,634 120,647
Derivative assets 1,655 1,915
Premises and equipment, net 735 759
Bank-owned life insurance 2,268 1,756
Goodwill 7,050 7,050
Other assets 8,728 8,003
TOTAL ASSETS 185,104 183,349
Deposits:    
Noninterest-bearing 47,480 43,831
Interest-bearing 103,156 103,333
Total deposits 150,636 147,164
Short-term borrowed funds 62 243
Derivative liabilities 144 128
Deferred taxes, net 720 629
Long-term borrowed funds 6,957 8,346
Other liabilities 3,386 4,166
TOTAL LIABILITIES 161,905 160,676
Contingencies (refer to Note 11)
Preferred stock:    
$25.00 par value,100,000,000 shares authorized; 2,050,000 and 2,000,000 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively 2,014 1,965
Common stock:    
$0.01 par value, 1,000,000,000 shares authorized; 570,994,369 shares issued and 426,083,143 shares outstanding at March 31, 2021 and 569,876,133 shares issued and 427,209,831 shares outstanding at December 31, 2020 6 6
Additional paid-in capital 18,964 18,940
Retained earnings 7,314 6,445
Treasury stock, at cost, 144,911,226 and 142,666,302 shares at March 31, 2021 and December 31, 2020, respectively (4,718) (4,623)
Accumulated other comprehensive income (loss) (381) (60)
TOTAL STOCKHOLDERS’ EQUITY 23,199 22,673
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 185,104 $ 183,349
[1] Includes only collateral pledged by the Company where counterparties have the right to sell or pledge the collateral.