Net Interest Revenue

12 Months Ended

Dec. 31, 2011

Net Interest Revenue [Abstract]

Net Interest Revenue

Note 17.     Net Interest Revenue

The following table presents the components of interest revenue and interest expense, and related net interest revenue, for the years ended December 31:

(In millions)	2011		2010		2009
Interest revenue:
Deposits with banks Investment securities:	$	149	$	93	$	156
U.S. Treasury and federal agencies		775		682		520
State and political subdivisions		221		222		225
Other investments		1,493		2,109		2,075
Securities purchased under resale agreements and federal funds sold		28		24		24
Loans and leases(1)		278		329		239
Trading account assets		—		—		20
Interest revenue associated with AMLF(2)		—		—		25
Other interest-earning assets		2		3		2
Total interest revenue		2,946		3,462		3,286
Interest expense:
Deposits		220		213		195
Short-term borrowings(1)		96		257		200
Long-term debt		289		286		304
Interest expense associated with AMLF(2)		—		—		18
Other interest-bearing liabilities		8		7		5
Total interest expense		613		763		722
Net interest revenue	$	2,333	$	2,699	$	2,564

⁽¹⁾  Amounts for 2010 included $67 million of interest revenue and interest expense related to the third-party asset-backed securitization trusts consolidated into our financial statements on January 1, 2010 in connection with our adoption of new GAAP. These trusts were de-consolidated in June 2010.

⁽²⁾  Refers to the Federal Reserve's Asset-Backed Commercial Paper Money Market Mutual Fund Liquidity Facility, or AMLF, which expired in February 2010.