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Consolidated Statements of Cash Flows (Unaudited) (USD $)
In Millions
6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
OPERATING ACTIVITIES    
Net income (loss) $ 514 $ 35
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Provision (credit) for loan and lease losses (48) 641
Depreciation and amortization expense 143 173
FDIC (payments) net of FDIC expense 35 59
Deferred income taxes 157 (66)
Net losses (gains) and writedown on OREO 5 48
Provision (credit) for customer derivative losses (12) 27
Net losses (gains) from loan sales (30) (29)
Net losses (gains) from principal investing (52) (54)
Provision (credit) for losses on lending-related commitments (16) (12)
(Gains) losses on leased equipment (9) (10)
Net securities losses (gains) (1) (1)
Net decrease (increase) in loans held for sale excluding transfers from continuing operations 140 (48)
Net decrease (increase) in trading account assets 216 195
Other operating activities, net 412 595
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES 1,454 1,553
INVESTING ACTIVITIES    
Net decrease (increase) in short-term investments (3,219) (241)
Purchases of securities available for sale (619) (4,453)
Proceeds from sales of securities available for sale 1,587 32
Proceeds from prepayments and maturities of securities available for sale 2,448 1,676
Proceeds from prepayments and maturities of held-to-maturity securities   4
Purchases of held-to-maturity securities (2) (2)
Purchases of other investments (104) (60)
Proceeds from sales of other investments 43 88
Proceeds from prepayments and maturities of other investments 41 53
Net decrease (increase) in loans, excluding acquisitions, sales and transfers 1,775 3,882
Proceeds from loan sales 94 293
Purchases of premises and equipment (74) (54)
Proceeds from sales of premises and equipment   1
Proceeds from sales of other real estate owned 94 79
NET CASH PROVIDED BY (USED IN) INVESTING ACTIVITIES 2,064 1,298
FINANCING ACTIVITIES    
Net increase (decrease) in deposits (200) (3,196)
Net increase (decrease) in short-term borrowings (1,017) 1,573
Net proceeds from issuance of long-term debt 1,020 18
Payments on long-term debt (684) (1,034)
Net proceeds from issuance of common stock 604  
Series B Preferred Stock- TARP redemption (2,500)  
Repurchase of common stock warrant (70)  
Cash dividends paid (96) (92)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES (2,943) (2,731)
NET INCREASE (DECREASE) IN CASH AND DUE FROM BANKS 575 120
CASH AND DUE FROM BANKS AT BEGINNING OF PERIOD 278 471
CASH AND DUE FROM BANKS AT END OF PERIOD 853 591
Additional disclosures relative to cash flows:    
Interest paid 317 528
Income taxes paid (refunded) (319) (157)
Noncash items:    
Loans transferred to held for sale from portfolio 54 208
Loans transferred to other real estate owned $ 23 $ 99