Parent Company Financial Statements (Tables)

12 Months Ended

Dec. 31, 2012

Parent Company Financial Statements [Abstract]

Parent Company Statement Of Income

STATEMENT OF INCOME - PARENT COMPANY

Years ended December 31,	2012			2011			2010
(In millions)
Cash dividends from consolidated banking subsidiary	$	1,785		$	—		$	1,400
Cash dividends from consolidated non-banking subsidiaries and unconsolidated entities	68			60			100
Other, net	38			34			9
Total revenue	1,891			94			1,509
Interest expense	163			203			162
Other expenses	85			60			421
Total expenses	248			263			583
Income tax benefit	(63		)	(125		)	(93		)
Income (loss) before equity in undistributed income of consolidated subsidiaries and unconsolidated entities	1,706			(44		)	1,019
Equity in undistributed income of consolidated subsidiaries and unconsolidated entities:
Consolidated banking subsidiary	173			1,773			484
Consolidated non-banking subsidiaries and unconsolidated entities	182			191			53
Net income	$	2,061		$	1,920		$	1,556

Parent Company Statement Of Condition

STATEMENT OF CONDITION - PARENT COMPANY

As of December 31,	2012		2011
(In millions)
Assets:
Interest-bearing deposits with consolidated banking subsidiary	$	3,799	$	4,914
Trading account assets	155		138
Investment securities available for sale	28		25
Investments in subsidiaries:
Consolidated banking subsidiary	19,805		18,724
Consolidated non-banking subsidiaries	2,563		2,340
Unconsolidated entities	458		326
Notes and other receivables from:
Consolidated banking subsidiary	746		618
Consolidated non-banking subsidiaries and unconsolidated entities	258		302
Other assets	294		994
Total assets	$	28,106	$	28,381
Liabilities:
Commercial paper	$	2,318	$	2,384
Accrued taxes, expenses and other liabilities due to third parties	313		276
Long-term debt	4,606		6,323
Total liabilities	7,237		8,983
Shareholders’ equity	20,869		19,398
Total liabilities and shareholders’ equity	$	28,106	$	28,381

Parent Company Statement Of Cash Flows

STATEMENT OF CASH FLOWS - PARENT COMPANY

Years ended December 31,	2012			2011			2010
(In millions)
Net cash provided by (used in) operating activities	$	2,605		$	(571	)	$	1,453
Investing Activities:
Net decrease (increase) in interest-bearing deposits with consolidated banking subsidiary	1,115			144			(831		)
Proceeds from sales and maturities of available-for-sale securities	—			—			1
Investments in consolidated non-banking subsidiaries and unconsolidated entities	(68		)	(648		)	(277		)
Sale of investment in non-banking subsidiaries and unconsolidated entities	28			39			127
Business acquisitions	(2		)	(51		)	(141		)
Net cash provided by (used in) investing activities	1,073			(516		)	(1,121		)
Financing Activities:
Net decrease in short-term borrowings	(500		)	—			—
Net (decrease) increase in commercial paper	(66		)	(415		)	22
Proceeds from issuance of long-term debt, net of issuance costs	—			1,986			—
Payments for long-term debt	(1,750		)	—			(300		)
Proceeds from issuance of preferred stock, net of issuance costs	488			500			—
Proceeds related to common stock awards and option exercises	154			49			10
Purchases of common stock	(1,440		)	(675		)	—
Repurchases of common stock for employee tax withholding	(101		)	(63		)	(44		)
Payments for cash dividends	(463		)	(295		)	(20		)
Net cash provided by (used in) financing activities	(3,678		)	1,087			(332		)
Net change	—			—			—
Cash and due from banks at beginning of year	—			—			—
Cash and due from banks at end of year	$	—		$	—		$	—