Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2014

Commitments and Contingencies

Schedule of Commitments and Contingencies

		December 31,
		2014		2013
		(Dollars in millions)
Letters of credit and financial guarantees		$	3,462	$	4,355
Carrying amount of the liability for letter of credit guarantees			22		39
Investments related to affordable housing and historic building rehabilitation projects			1,416		1,302
Amount of future funding commitments included in investments related to affordable
	housing and historic rehabilitation projects		459		464
Lending exposure to these affordable housing projects			169		151
Tax credits subject to recapture related to affordable housing projects			300		250
Investments in private equity and similar investments			329		291
Future funding commitments to consolidated private equity funds			202		245

Impact of Adoption of Affordable Housing Guidance

	Year Ended December 31,
	2014		2013
	(Dollars in millions)
Increase in other income	$	141	$	160
Increase in provision for income taxes		(162)		(159)
Increase (decrease) in net income	$	(21)	$	1
			January 1, 2015
				(Dollars in millions)
Decrease to retained earnings			$	(49)

Pledged Assets

	December 31,
	2014		2013
	(Dollars in millions)
Pledged securities	$	14,636	$	11,911
Pledged loans		67,248		66,391