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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Interest income:    
Loans, including loans held for sale $ 5,085 $ 4,540
Investment securities 415 406
Other 17 28
Total interest income 5,517 4,974
Interest expense:    
Deposits 283 271
Securitized debt obligations 48 33
Senior and subordinated notes 106 79
Other borrowings 24 15
Total interest expense 461 398
Net interest income 5,056 4,576
Provision for Loan, lease and Other losses 1,527 935
Net interest income after provision for credit losses 3,529 3,641
Non-interest income:    
Service charges and other customer-related fees 404 437
Interchange fees, net 596 496
Total other-than-temporary impairment (11) (9)
Less: Portion of other-than-temporary impairment recorded in AOCI 3 (6)
Net other-than-temporary impairment recognized in earnings (8) (15)
Other 172 153
Total non-interest income 1,164 1,071
Non-interest expense:    
Salaries and associate benefits 1,270 1,211
Occupancy and equipment 458 435
Marketing 428 375
Professional services 278 296
Communications and data processing 243 202
Amortization of intangibles 101 110
Other 445 420
Total non-interest expense 3,223 3,049
Income from continuing operations before income taxes 1,470 1,663
Income tax provision 452 529
Income from continuing operations, net of tax 1,018 1,134
Income (loss) from discontinued operations, net of tax (5) 19
Net income 1,013 1,153
Dividends and undistributed earnings allocated to participating securities (6) (6)
Preferred stock dividends (37) (32)
Net income available to common stockholders $ 970 $ 1,115
Basic earnings per common share:    
Net income from continuing operations (in dollars per share) $ 1.86 $ 2.00
Income (loss) from discontinued operations (in dollars per share) (0.01) 0.03
Net income per basic common share (in dollars per share) 1.85 2.03
Diluted earnings per common share:    
Net income from continuing operations (in dollars per share) 1.85 1.97
Income (loss) from discontinued operations (in dollars per share) (0.01) 0.03
Net income per diluted common share (in dollars per share) 1.84 2.00
Dividends paid per common share (in dollars per share) $ 0.40 $ 0.30