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Consolidated Statement of Changes In Shareholders Equity (Unaudited) (USD $)
In Millions
Total
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive Income (Loss) [Member]
Comprehensive Income [Member]
Balance at the beginning of period at Dec. 31, 2009   $ 1,565 $ 0 $ 13,795 $ 45 $ (228)  
Return of capital on preferred shares issued to CT Financial Services, Inc.       (3)      
Employee benefit plans and other       1      
Adjustment to initially apply new guidance for consolidation of VIEs, net of tax         1 (246)  
Balance at beginning of period, as adjusted         46 (474)  
Cash dividends declared on preferred stock         (37)    
Net change in unrealized gains (losses), net of tax as applicable on:              
Securities available-for-sale, not other-than-temporarily impaired           533  
Other-than-temporarily impaired securities available for sale [1]           69  
Other-than-temporarily impaired securities held to maturity [1]           38  
Derivatives designated as cash flow hedges           13  
Other comprehensive income, net of tax           653 653
Total shareholders' equity 16,400 1,565 0 13,793 863 179  
Comprehensive income              
Net income 854       854   854
Other comprehensive income, net of tax           653 653
Comprehensive income             1,507
Balance at the end of period at Jun. 30, 2010 16,400 1,565 0 13,793 863 179  
Balance at the beginning of period at Mar. 31, 2010              
Net change in unrealized gains (losses), net of tax as applicable on:              
Total shareholders' equity 16,400 1,565 0        
Comprehensive income              
Net income 300            
Balance at the end of period at Jun. 30, 2010 16,400 1,565 0        
Balance at the beginning of period at Dec. 31, 2010 16,733 1,565 0 13,785 1,536 (153)  
Capital contributions from parent       21      
Balance at beginning of period, as adjusted         1,536 (153)  
Cash dividends declared on preferred stock         (36)    
Net change in unrealized gains (losses), net of tax as applicable on:              
Securities available-for-sale, not other-than-temporarily impaired           143  
Other-than-temporarily impaired securities available for sale [1]           1  
Other-than-temporarily impaired securities held to maturity           11  
Adjustment to reverse other-than-temporary impairment on securities held-to-maturity due to deconsolidation of VIE           142  
Derivatives designated as cash flow hedges           (18)  
Unrecognized actuarial gains, transition obligation and prior service costs relating to pension and postretirement benefits, net of tax           2  
Other comprehensive income, net of tax           281 281
Total shareholders' equity 17,560 1,565 0 13,806 2,061 128  
Comprehensive income              
Net income 561       561   561
Other comprehensive income, net of tax           281 281
Comprehensive income             842
Balance at the end of period at Jun. 30, 2011 17,560 1,565 0 13,806 2,061 128  
Balance at the beginning of period at Mar. 31, 2011              
Net change in unrealized gains (losses), net of tax as applicable on:              
Total shareholders' equity 17,560 1,565 0        
Comprehensive income              
Net income 82            
Balance at the end of period at Jun. 30, 2011 $ 17,560 $ 1,565 $ 0        
[1] During the three and six months ended June 30, 2011 there were no OTTI losses on securities recognized in other revenues and no OTTI losses in the non-credit component on securities were recognized in accumulated other comprehensive income (loss). During the three and six months ended June 30, 2010, OTTI losses on securities available-for-sale and held-to-maturity totaling $13 million and $41 million, respectively, were recognized in other revenues and losses in the non-credit component recognized in accumulated other comprehensive income (loss) were not significant.