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Summary of Quarterly Financial Statements (Unaudited) Summary of Quarterly Financial Statements (Unaudited ) (Tables)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Summary of Quarterly Financial Statements
The following quarterly information is unaudited. However, in the opinion of management, the information reflects all adjustments, which are necessary for the fair presentation of the results of operations, for the periods presented.
 
2017
(in millions, except per share data)
Fourth
Quarter
 
Third
Quarter
 
Second
Quarter
 
First
Quarter
Interest income
$
578

 
$
579

 
$
529

 
$
496

Interest expense
33

 
33

 
29

 
26

Net interest income
545

 
546

 
500

 
470

Provision for credit losses
17

 
24

 
17

 
16

Net securities losses

 
(1
)
 
(2
)
 

Noninterest income excluding net securities losses
285

 
276

 
278

 
271

Noninterest expenses
483

 
463

 
457

 
457

Provision for income taxes
218

 
108

 
99

 
66

Net income
112

 
226

 
203

 
202

Less income allocated to participating securities

 
2

 
1

 
2

Net income attributable to common shares
$
112

 
$
224

 
$
202

 
$
200

Earnings per common share:
 
 
 
 
 
 
 
Basic
$
0.65

 
$
1.29

 
$
1.15

 
$
1.15

Diluted
0.63

 
1.26

 
1.13

 
1.11

Comprehensive income
107

 
228

 
221

 
206

 
2016
(in millions, except per share data)
Fourth
Quarter
 
Third
Quarter
 
Second
Quarter
 
First
Quarter
Interest income
$
484

 
$
480

 
$
473

 
$
472

Interest expense
29

 
30

 
28

 
25

Net interest income
455

 
450

 
445

 
447

Provision for credit losses
35

 
16

 
49

 
148

Net securities losses
(2
)
 

 
(1
)
 
(2
)
Noninterest income excluding net securities losses
269

 
272

 
269

 
246

Noninterest expenses
461

 
493

 
518

 
458

Provision for income taxes
62

 
64

 
42

 
25

Net income
164

 
149

 
104

 
60

Less income allocated to participating securities
1

 
1

 
1

 
1

Net income attributable to common shares
$
163

 
$
148

 
$
103

 
$
59

Earnings per common share:
 
 
 
 
 
 
 
Basic
$
0.95

 
$
0.87

 
$
0.60

 
$
0.34

Diluted
0.92

 
0.84

 
0.58

 
0.34

Comprehensive income
73

 
152

 
137

 
161