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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Interest income:    
Loans, including loans held for sale $ 5,626 $ 5,085
Investment securities 416 415
Other 28 17
Total interest income 6,070 5,517
Interest expense:    
Deposits 353 283
Securitized debt obligations 69 48
Senior and subordinated notes 149 106
Other borrowings 25 24
Total interest expense 596 461
Net interest income 5,474 5,056
Provision for loan, lease and other losses 1,992 1,527
Net interest income after provision for credit losses 3,482 3,529
Non-interest income:    
Service charges and other customer-related fees 371 423
Interchange fees, net 570 604
Gain (Loss) on Sale of Securities, Net 0 (8)
Other 120 145
Total non-interest income 1,061 1,164
Non-interest expense:    
Salaries and associate benefits 1,471 1,270
Occupancy and equipment 471 458
Marketing 396 428
Professional services 247 241
Communications and data processing 288 280
Amortization of intangibles 62 101
Other 499 445
Total non-interest expense 3,434 3,223
Income from continuing operations before income taxes 1,109 1,470
Income tax provision 314 452
Income from continuing operations, net of tax 795 1,018
Income (loss) from discontinued operations, net of tax 15 (5)
Net income 810 1,013
Dividends and undistributed earnings allocated to participating securities (5) (6)
Preferred stock dividends (53) (37)
Net income available to common stockholders $ 752 $ 970
Basic earnings per common share:    
Net income from continuing operations (in dollars per share) $ 1.53 $ 1.86
Income (loss) from discontinued operations (in dollars per share) 0.03 (0.01)
Net income per basic common share (in dollars per share) 1.56 1.85
Diluted earnings per common share:    
Net income from continuing operations (in dollars per share) 1.51 1.85
Income (loss) from discontinued operations (in dollars per share) 0.03 (0.01)
Net income per diluted common share (in dollars per share) 1.54 1.84
Dividends paid per common share (in dollars per share) $ 0.4 $ 0.40