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Income Taxes (Tables)
6 Months Ended
Jun. 30, 2015
Income Tax Disclosure [Abstract]  
Differences Between The 35 Percent Statutory Income Tax Rate And Effective Income Tax Rate
The differences between the 35 percent statutory federal income tax rate and our effective income tax rate were as follows:
(Dollars in millions)
 
Three months ended June 30,
 
Six months ended June 30,
 
 
2015
 
2014
 
2015
 
2014
Tax at statutory rate:
 
$
87

 
35.0
 %
 
$
37

 
35.0
 %
 
$
148

 
35.0
 %
 
$
79

 
35.0
 %
Increase (decrease) resulting from:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Tax-exempt income from municipal bonds
 
(8
)
 
(3.2
)
 
(8
)
 
(7.5
)
 
(16
)
 
(3.8
)
 
(16
)
 
(7.1
)
Dividend received exclusion
 
(7
)
 
(2.8
)
 
(7
)
 
(6.5
)
 
(15
)
 
(3.6
)
 
(14
)
 
(6.2
)
Other
 
0

 
0.0

 
1

 
0.5

 
1

 
0.4

 
2

 
0.9

Provision for income taxes
 
$
72

 
29.0
 %
 
$
23

 
21.5
 %
 
$
118

 
28.0
 %
 
$
51

 
22.6
 %