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Operating Segments
 9 Months Ended
Sep. 30, 2018
Segment Reporting [Abstract]  
Operating Segments
Operating Segments
 
BB&T's business segment structure aligns with how management reviews performance and makes decisions by client, segment and business unit. There are four major reportable business segments: CB-Retail, CB-Commercial, IH&PF and FS&CF. In addition, there is an OT&C segment. For additional information, see Note 19 of the Annual Report on Form 10-K for the year ended December 31, 2017.

The following table presents result by segment:
Three Months Ended September 30,
(Dollars in millions)
 
CB-Retail
 
CB-Commercial
 
FS&CF
 
2018
 
2017
 
2018
 
2017
 
2018
 
2017
Net interest income (expense)
 
$
880

 
$
863

 
$
513

 
$
451

 
$
171

 
$
154

Net intersegment interest income (expense)
 
77

 
38

 
58

 
90

 
26

 
24

Segment net interest income
 
957

 
901

 
571

 
541

 
197

 
178

Allocated provision for credit losses
 
121

 
116

 
18

 
—

 
5

 
9

Segment net interest income after provision
 
836

 
785

 
553

 
541

 
192

 
169

Noninterest income
 
346

 
362

 
109

 
107

 
308

 
289

Noninterest expense
 
664

 
675

 
263

 
295

 
312

 
296

Income (loss) before income taxes
 
518

 
472

 
399

 
353

 
188

 
162

Provision (benefit) for income taxes
 
127

 
176

 
89

 
123

 
39

 
50

Segment net income (loss)
 
$
391

 
$
296

 
$
310

 
$
230

 
$
149

 
$
112

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
IH&PF
 
OT&C (1)
 
Total
 
 
2018
 
2017
 
2018
 
2017
 
2018
 
2017
Net interest income (expense)
 
$
32

 
$
25

 
$
91

 
$
154

 
$
1,687

 
$
1,647

Net intersegment interest income (expense)
 
(9
)
 
(6
)
 
(152
)
 
(146
)
 
—

 
—

Segment net interest income
 
23

 
19

 
(61
)
 
8

 
1,687

 
1,647

Allocated provision for credit losses
 
1

 
1

 
(10
)
 
—

 
135

 
126

Segment net interest income after provision
 
22

 
18

 
(51
)
 
8

 
1,552

 
1,521

Noninterest income
 
452

 
401

 
24

 
7

 
1,239

 
1,166

Noninterest expense
 
416

 
389

 
87

 
90

 
1,742

 
1,745

Income (loss) before income taxes
 
58

 
30

 
(114
)
 
(75
)
 
1,049

 
942

Provision (benefit) for income taxes
 
15

 
12

 
(60
)
 
(67
)
 
210

 
294

Segment net income (loss)
 
$
43

 
$
18

 
$
(54
)
 
$
(8
)
 
$
839

 
$
648

 
 
 
 
 
 
 
 
 
 
 
 
 
Nine Months Ended September 30,
(Dollars in millions)
 
CB-Retail
 
CB-Commercial
 
FS&CF
 
2018
 
2017
 
2018
 
2017
 
2018
 
2017
Net interest income (expense)
 
$
2,570

 
$
2,558

 
$
1,468

 
$
1,287

 
$
499

 
$
429

Net intersegment interest income (expense)
 
196

 
111

 
182

 
286

 
63

 
102

Segment net interest income
 
2,766

 
2,669

 
1,650

 
1,573

 
562

 
531

Allocated provision for credit losses
 
353

 
363

 
97

 
50

 
(4
)
 
(2
)
Segment net interest income after provision
 
2,413

 
2,306

 
1,553

 
1,523

 
566

 
533

Noninterest income
 
1,039

 
1,046

 
322

 
318

 
912

 
866

Noninterest expense
 
2,004

 
2,030

 
771

 
922

 
925

 
883

Income (loss) before income taxes
 
1,448

 
1,322

 
1,104

 
919

 
553

 
516

Provision (benefit) for income taxes
 
356

 
493

 
247

 
317

 
115

 
161

Segment net income (loss)
 
$
1,092

 
$
829

 
$
857

 
$
602

 
$
438

 
$
355

 
 
 
 
 
 
 
 
 
 
 
 
 
Identifiable assets (period end)
 
$
72,933

 
$
71,393

 
$
56,685

 
$
55,639

 
$
30,586

 
$
29,006

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
IH&PF
 
OT&C (1)
 
Total
 
 
2018
 
2017
 
2018
 
2017
 
2018
 
2017
Net interest income (expense)
 
$
87

 
$
73

 
$
353

 
$
544

 
$
4,977

 
$
4,891

Net intersegment interest income (expense)
 
(22
)
 
(15
)
 
(419
)
 
(484
)
 
—

 
—

Segment net interest income
 
65

 
58

 
(66
)
 
60

 
4,977

 
4,891

Allocated provision for credit losses
 
2

 
4

 
(28
)
 
(6
)
 
420

 
409

Segment net interest income after provision
 
63

 
54

 
(38
)
 
66

 
4,557

 
4,482

Noninterest income
 
1,375

 
1,349

 
(7
)
 
(22
)
 
3,641

 
3,557

Noninterest expense
 
1,199

 
1,197

 
249

 
557

 
5,148

 
5,589

Income (loss) before income taxes
 
239

 
206

 
(294
)
 
(513
)
 
3,050

 
2,450

Provision (benefit) for income taxes
 
61

 
78

 
(181
)
 
(347
)
 
598

 
702

Segment net income (loss)
 
$
178

 
$
128

 
$
(113
)
 
$
(166
)
 
$
2,452

 
$
1,748

 
 
 
 
 
 
 
 
 
 
 
 
 
Identifiable assets (period end)
 
$
6,455

 
$
5,985

 
$
56,226

 
$
58,317

 
$
222,885

 
$
220,340


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