Allowance For Loan And Lease Losses (Tables)

3 Months Ended

Mar. 31, 2012

Allowance For Loan And Lease Losses [Abstract]

Summary Of Changes In The Allowance For Loan And Lease Losses

	Three Months Ended March 31, 2012
				Consumer																		Allowance for Loan and Lease Losses			Unfunded Lending Commitments Reserve			Allowance for Credit Losses
(Dollars in millions)	Credit Card			Auto			Home Loan			Retail Banking			Total Consumer			Commercial			Other(1)
Balance as of December 31, 2011	$	2,847		$	391		$	98		$	163		$	652		$	715		$	36		$	4,250		$	66		$	4,316
Provision for credit losses(2)		459			147			19			8			174			(63	)		9			579			(6	)		573
Charge-offs		(955	)		(140	)		(24	)		(20	)		(184	)		(36	)		(11	)		(1,186	)		0			(1,186	)
Recoveries		309			61			9			6			76			20			1			406			0			406
Net charge-offs		(646	)		(79	)		(15	)		(14	)		(108	)		(16	)		(10	)		(780	)		0			(780	)
Other changes		11			0			0			0			0			0			0			11			0			11
Balance as of March 31, 2012	$	2,671		$	459		$	102		$	157		$	718		$	636		$	35		$	4,060		$	60		$	4,120

	Three Months Ended March 31, 2011
				Consumer																		Allowance for Loan and Lease Losses			Unfunded Lending Commitments Reserve			Allowance For Credit Loans
(Dollars in millions)	Credit Card			Auto			Home Loans			Retail Banking			Total Consumer						Other
																Commercial
Balance as of December 31, 2010	$	4,041		$	353		$	112		$	210		$	675		$	830		$	82		$	5,628		$	107		$	5,735
Provision for credit losses		450			54			28			18			100			15			5			570			(36	)		534
Charge-offs(3)		(1,285	)		(141	)		(32	)		(31	)		(204	)		(69	)		(22	)		(1,580	)		0			(1,580	)
Recoveries		356			52			10			7			69			9			1			435			0			435
Net charge-offs		(929	)		(89	)		(22	)		(24	)		(135	)		(60	)		(21	)		(1,145	)		0			(1,145	)
Other changes		14			0			0			0			0			0			0			14			0			14
Balance as of March 31, 2011	$	3,576		$	318		$	118		$	204		$	640		$	785		$	66		$	5,067		$	71		$	5,138

⁽¹⁾  Other consists of our discontinued GreenPoint mortgage operations loan portfolio and our community redevelopment loan portfolio.

⁽²⁾  The reduction in the provision for credit losses attributable to Kohl's was $193 million for the first three months of 2012. Loss sharing amounts attributable to Kohl's reduced charge-offs by $40 million for the first three months of 2012. The expected reimbursement from Kohl's netted in our allowance for loan and lease losses was approximately $153 million as of March 31, 2012.

Components Of Allowance For Loan And Lease Losses By Impairment Methodology

	March 31, 2012
				Consumer
(Dollars in millions)	Credit Card			Auto			Home Loan			Retail Banking			Total Consumer			Commercial			Other			Total
Allowance for loan and lease losses by impairment methodology:
Formula-based(1)	$	2,337		$	449		$	57		$	146		$	652		$	562		$	35		$	3,586
Asset-specific(2)		334			10			9			10			29			72			0			435
Acquired loans		0			0			36			1			37			2			0			39
Total allowance for loan and lease losses	$	2,671		$	459		$	102		$	157		$	718		$	636		$	35		$	4,060
Held-for-investment loans by impairment methodology:
Formula-based(1)	$	60,609		$	23,460		$	6,865		$	4,054		$	34,379		$	33,738		$	140		$	128,866
Asset-specific(2)		867			70			102			88			260			698			0			1,825
Acquired loans		0			38			42,583			40			42,661			470			0			43,131
Total held-for-investment loans	$	61,476		$	23,568		$	49,550		$	4,182		$	77,300		$	34,906		$	140		$	173,822
Allowance as a percentage of period-end held-for-investment loans		4.34	%		1.95	%		0.21	%		3.75	%		0.93	%		1.82	%		25.00	%		2.34	%

	December 31, 2011
				Consumer
(Dollars in millions)	Credit Card			Auto			Home Loan			Retail Banking			Total Consumer			Commercial			Other			Total
Allowance for loan and lease losses by impairment methodology:
Formula-based(1)	$	2,494		$	383		$	65		$	150		$	598		$	638		$	36		$	3,766
Asset-specific(2)		353			8			10			12			30			75			0			458
Acquired loans		0			0			23			1			24			2			0			26
Total allowance for loan and lease losses	$	2,847		$	391		$	98		$	163		$	652		$	715		$	36		$	4,250
Held-for-investment loans by impairment methodology:
Formula-based(1)	$	64,177		$	21,674		$	6,217		$	3,968		$	31,859		$	33,198		$	175		$	129,409
Asset-specific(2)		898			58			104			90			252			648			0			1,798
Acquired loans		0			47			4,112			45			4,204			481			0			4,685
Total held-for-investment loans	$	65,075		$	21,779		$	10,433		$	4,103		$	36,315		$	34,327		$	175		$	135,892
Allowance as a percentage of period-end held-for-investment loans		4.37	%		1.80	%		0.94	%		3.97	%		1.80	%		2.08	%		20.57	%		3.13	%

⁽¹⁾  The formula-based component of the allowance for credit card and other consumer loans that we collectively evaluate for impairment is based on a statistical calculation supplemented by judgment and interpretation. The formula-based component of the allowance for commercial loans that we collectively evaluate for impairment is based on our historical loss experience for loans with similar characteristics and consideration of credit quality supplemented by management judgment and interpretation.

⁽²⁾  The asset specific component of the allowance for smaller-balance impaired loans is calculated on a pool basis using historical loss experience for the respective class of assets. The asset-specific component of the allowance for larger-balance, commercial loans is individually calculated for each loan.