Operating Segments (Tables)

9 Months Ended

Sep. 30, 2016

Segment Reporting [Abstract]

Schedule of Financial Data by Segment

Reportable Segments
Three Months Ended September 30, 2016 and 2015
	Community Banking					Residential Mortgage Banking						Dealer Financial Services						Specialized Lending
	2016			2015		2016			2015			2016			2015			2016			2015
	(Dollars in millions)
Net interest income (expense)	$	570		$	449	$	344		$	337		$	229		$	221		$	194		$	171
Net intersegment interest income (expense)	402			323		(225		)	(221		)	(39		)	(38		)	(72		)	(60		)
Segment net interest income	972			772		119			116			190			183			122			111
Allocated provision for credit losses	(3		)	4		9			10			76			67			23			8
Noninterest income	317			303		116			93			1			—			83			58
Intersegment net referral fees (expense)	41			35		—			1			—			—			—			—
Noninterest expense	446			379		10			85			39			38			73			62
Amortization of intangibles	16			9		—			—			—			—			2			1
Allocated corporate expenses	338			305		28			22			11			10			22			17
Income (loss) before income taxes	533			413		188			93			65			68			85			81
Provision (benefit) for income taxes	195			153		71			35			25			26			21			20
Segment net income (loss)	$	338		$	260	$	117		$	58		$	40		$	42		$	64		$	61
Identifiable assets (period end)	$	71,034		$	57,364	$	34,266		$	32,973		$	15,090		$	13,794		$	20,418		$	17,669
	Insurance Holdings					Financial Services						Other, Treasury & Corporate (1)						Total BB&T Corporation
	2016			2015		2016			2015			2016			2015			2016			2015
	(Dollars in millions)
Net interest income (expense)	$	1		$	1	$	65		$	54		$	207		$	231		$	1,610		$	1,464
Net intersegment interest income (expense)	1			2		96			81			(163		)	(87		)	—			—
Segment net interest income	2			3		161			135			44			144			1,610			1,464
Allocated provision for credit losses	—			—		32			22			11			(8		)	148			103
Noninterest income	412			353		226			226			9			(45		)	1,164			988
Intersegment net referral fees (expense)	—			—		7			4			(48		)	(40		)	—			—
Noninterest expense	332			284		191			176			582			541			1,673			1,565
Amortization of intangibles	15			12		1			1			4			6			38			29
Allocated corporate expenses	28			25		38			34			(465		)	(413		)	—			—
Income (loss) before income taxes	39			35		132			132			(127		)	(67		)	915			755
Provision (benefit) for income taxes	16			14		49			50			(104		)	(76		)	273			222
Segment net income (loss)	$	23		$	21	$	83		$	82		$	(23	)	$	9		$	642		$	533
Identifiable assets (period end)	$	3,343		$	2,668	$	17,760		$	15,680		$	60,711		$	68,661		$	222,622		$	208,809

Reportable Segments
Nine Months Ended September 30, 2016 and 2015
	Community Banking				Residential Mortgage Banking						Dealer    Financial Services						Specialized Lending
	2016		2015		2016			2015			2016			2015			2016			2015
	(Dollars in millions)
Net interest income (expense)	$	1,631	$	1,306	$	1,009		$	1,021		$	684		$	650		$	558		$	470
Net intersegment interest income (expense)	1,182		910		(675		)	(680		)	(118		)	(114		)	(209		)	(170		)
Segment net interest income	2,813		2,216		334			341			566			536			349			300
Allocated provision for credit losses	10		28		30			1			210			176			58			31
Noninterest income	910		864		269			277			2			—			221			190
Intersegment net referral fees (expense)	111		105		1			1			—			—			—			—
Noninterest expense	1,302		1,110		173			243			110			111			210			183
Amortization of intangibles	53		26		—			—			—			—			4			3
Allocated corporate expenses	1,000		916		79			68			33			29			59			47
Income (loss) before income taxes	1,469		1,105		322			307			215			220			239			226
Provision (benefit) for income taxes	535		407		122			116			82			84			58			54
Segment net income (loss)	$	934	$	698	$	200		$	191		$	133		$	136		$	181		$	172
Identifiable assets (period end)	$	71,034	$	57,364	$	34,266		$	32,973		$	15,090		$	13,794		$	20,418		$	17,669
	Insurance Holdings				Financial Services						Other, Treasury & Corporate (1)						Total BB&T Corporation
	2016		2015		2016			2015			2016			2015			2016			2015
	(Dollars in millions)
Net interest income (expense)	$	2	$	2	$	196		$	159		$	676		$	480		$	4,756		$	4,088
Net intersegment interest income (expense)	3		5		275			228			(458		)	(179		)	—			—
Segment net interest income	5		7		471			387			218			301			4,756			4,088
Allocated provision for credit losses	—		—		128			69			7			(6		)	443			299
Noninterest income	1,298		1,220		633			640			(23		)	(187		)	3,310			3,004
Intersegment net referral fees (expense)	—		—		15			11			(127		)	(117		)	—			—
Noninterest expense	981		896		562			515			1,603			1,538			4,941			4,596
Amortization of intangibles	44		35		3			2			8			7			112			73
Allocated corporate expenses	84		75		112			102			(1,367		)	(1,237		)	—			—
Income (loss) before income taxes	194		221		314			350			(183		)	(305		)	2,570			2,124
Provision (benefit) for income taxes	74		75		117			132			(217		)	(325		)	771			543
Segment net income (loss)	$	120	$	146	$	197		$	218		$	34		$	20		$	1,799		$	1,581
Identifiable assets (period end)	$	3,343	$	2,668	$	17,760		$	15,680		$	60,711		$	68,661		$	222,622		$	208,809

(1) Includes financial data from business units below the quantitative and qualitative thresholds requiring disclosure.