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Strategic Lines of Business and Markets (Tables)
 6 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Business Segment Financial Results
Business segment financial results are as follows:
Commercial
Bank		Retail
Bank		Wealth ManagementFinanceOtherTotal
(dollar amounts in millions)
Three Months Ended June 30, 2021
Earnings summary:
Net interest income (expense)$402 $145 $43 $(127)$2 $465 
Provision for credit losses(123)(7)(4)— (1)(135)
Noninterest income167 30 71 9 7 284 
Noninterest expenses204 173 77 1 8 463 
Provision (benefit) for income taxes111 1 9 (26)(2)93 
Net income (loss)$377 $8 $32 $(93)$4 $328 
Net credit-related (recoveries) charge-offs$(12)$1 $— $— $— $(11)
Selected average balances:
Assets $44,283 $3,395 $5,063 $17,461 $17,658 $87,860 
Loans 42,350 2,533 4,936 — 9 49,828 
Deposits43,682 25,573 5,103 944 218 75,520 
Statistical data:
Return on average assets (a)3.21 %0.12 %2.40 %n/mn/m1.50 %
Efficiency ratio (b)35.95 98.06 66.85 n/mn/m61.66 
Three Months Ended June 30, 2020
Earnings summary:
Net interest income (expense)$402 $120 $40 $(95)$4 $471 
Provision for credit losses117 5 16 — — 138 
Noninterest income144 24 66 11 2 247 
Noninterest expenses (c)203 153 73 1 4 434 
Provision (benefit) for income taxes (c)47 (3)3 (20)1 28 
Net income (loss) (c)$179 $(11)$14 $(65)$1 $118 
Net credit-related charge-offs$48 $1 $1 $— $— $50 
Selected average balances:
Assets$47,392 $3,306 $5,191 $14,500 $11,255 $81,644 
Loans45,914 2,479 5,077 — 28 53,498 
Deposits36,318 22,647 4,217 950 150 64,282 
Statistical data:
Return on average assets (a) (c)1.51 %(0.17)%1.11 %n/mn/m0.58 %
Efficiency ratio (b) (c)37.18 105.07 68.18 n/mn/m60.11 
(a)Return on average assets is calculated based on the greater of average assets or average liabilities and attributed equity.
(b)Noninterest expenses as a percentage of the sum of net interest income and noninterest income excluding net gains from securities and a derivative contract tied to the conversion rate of Visa Class B shares.
(c)See Defined Benefit Pension and Other Postretirement Costs in Note 1.
n/m – not meaningful
Commercial
Bank		Retail
Bank		Wealth ManagementFinanceOtherTotal
(dollar amounts in millions)
Six Months Ended June 30, 2021
Earnings summary:
Net interest income (expense)$784 $278 $85 $(244)$5 $908 
Provision for credit losses(300)(1)(16)— — (317)
Noninterest income326 58 138 21 11 554 
Noninterest expenses419 322 153 1 15 910 
Provision (benefit) for income taxes224 1 19 (51)(2)191 
Net income (loss)$767 $14 $67 $(173)$3 $678 
Net credit-related (recoveries) charge-offs$(10)$2 $— $— $— $(8)
Selected average balances:
Assets $44,365 $3,428 $5,112 $17,212 $16,101 $86,218 
Loans 42,625 2,576 4,998 — 7 50,206 
Deposits42,399 24,951 4,965 964 188 73,467 
Statistical data:
Return on average assets (a)3.38 %0.11 %2.55 %n/mn/m1.59 %
Efficiency ratio (b)37.76 95.00 68.31 n/mn/m62.10 
Six Months Ended June 30, 2020
Earnings summary:
Net interest income (expense)$782 $245 $81 $(139)$15 $984 
Provision for credit losses513 8 28 — — 549 
Noninterest income271 52 136 25 — 484 
Noninterest expenses (c)395 298 143 1 14 851 
Provision (benefit) for income taxes (c)28 (2)9 (28)2 9 
Net income (loss) (c)$117 $(7)$37 $(87)$(1)$59 
Net credit-related charge-offs$131 $2 $1 $— $— $134 
Selected average balances:
Assets$45,823 $3,085 $5,134 $14,393 $9,019 $77,454 
Loans44,253 2,277 5,007 — 14 51,551 
Deposits33,274 21,921 4,120 1,043 166 60,524 
Statistical data:
Return on average assets (a) (c)0.51 %(0.05)%1.45 %n/mn/m0.15 %
Efficiency ratio (b) (c)37.55 99.39 65.36 n/mn/m57.79 
(a)Return on average assets is calculated based on the greater of average assets or average liabilities and attributed equity.
(b)Noninterest expenses as a percentage of the sum of net interest income and noninterest income excluding net gains from securities and a derivative contract tied to the conversion rate of Visa Class B shares.
(c)See Defined Benefit Pension and Other Postretirement Costs in Note 1.
n/m – not meaningful
Market Segment Financial Results
Market segment financial results are as follows:
MichiganCaliforniaTexasOther
Markets		Finance
& Other		Total
(dollar amounts in millions)
Three Months Ended June 30, 2021
Earnings summary:
Net interest income (expense)$178 $174 $114 $124 $(125)$465 
Provision for credit losses(26)(24)(77)(7)(1)(135)
Noninterest income72 41 35 120 16 284 
Noninterest expenses136 116 91 111 9 463 
Provision (benefit) for income taxes29 29 29 34 (28)93 
Net income (loss)$111 $94 $106 $106 $(89)$328 
Net credit-related charge-offs (recoveries)$1 $— $(12)$— $— $(11)
Selected average balances:
Assets $12,830 $17,679 $10,615 $11,614 $35,122 $87,860 
Loans 12,245 17,515 10,008 10,048 12 49,828 
Deposits26,709 20,582 11,153 15,914 1,162 75,520 
Statistical data:
Return on average assets (a) 1.62 %1.75 %3.35 %2.51 %n/m1.50 %
Efficiency ratio (b) 54.18 53.63 61.35 45.41 n/m61.66 
Three Months Ended June 30, 2020
Earnings summary:
Net interest income (expense)$161 $169 $115 $117 $(91)$471 
Provision for credit losses41 47 31 19 — 138 
Noninterest income64 34 30 106 13 247 
Noninterest expenses (c)138 98 89 104 5 434 
Provision (benefit) for income taxes (c)8 13 5 21 (19)28 
Net income (loss) (c)$38 $45 $20 $79 $(64)$118 
Net credit-related charge-offs (recoveries)$1 $(1)$46 $4 $— $50 
Selected average balances:
Assets$13,617 $18,403 $11,555 $12,345 $25,724 $81,644 
Loans13,092 18,249 11,162 10,998 (3)53,498 
Deposits23,396 17,410 10,198 12,178 1,100 64,282 
Statistical data:
Return on average assets (a) (c)0.62 %0.98 %0.71 %2.40 %n/m0.58 %
Efficiency ratio (b) (c)61.00 48.08 61.06 46.21 n/m60.11 
(a)Return on average assets is calculated based on the greater of average assets or average liabilities and attributed equity.
(b)Noninterest expenses as a percentage of the sum of net interest income and noninterest income excluding net gains from securities and a derivative contract tied to the conversion rate of Visa Class B shares.
(c)See Defined Benefit Pension and Other Postretirement Costs in Note 1.
n/m – not meaningful.
MichiganCaliforniaTexasOther
Markets		Finance
& Other		Total
(dollar amounts in millions)
Six Months Ended June 30, 2021
Earnings summary:
Net interest income (expense)$333 $346 $227 $241 $(239)$908 
Provision for credit losses(54)(78)(163)(22)— (317)
Noninterest income138 89 71 224 32 554 
Noninterest expenses272 220 179 223 16 910 
Provision (benefit) for income taxes51 69 60 64 (53)191 
Net income (loss)$202 $224 $222 $200 $(170)$678 
Net credit-related charge-offs (recoveries)$1 $1 $(10)$— $— $(8)
Selected average balances:
Assets $12,851 $17,851 $10,627 $11,576 $33,313 $86,218 
Loans 12,279 17,702 10,078 10,139 8 50,206 
Deposits26,191 20,221 10,965 14,938 1,152 73,467 
Statistical data:
Return on average assets (a) 1.51 %2.13 %3.61 %2.53 %n/m1.59 %
Efficiency ratio (b) 57.50 50.33 60.13 47.92 n/m62.10 
Six Months Ended June 30, 2020
Earnings summary:
Net interest income (expense)$324 $345 $230 $209 $(124)$984 
Provision for credit losses65 93 321 70 — 549 
Noninterest income136 67 60 196 25 484 
Noninterest expenses (c)275 191 172 198 15 851 
Provision (benefit) for income taxes (c)24 30 (45)26 (26)9 
Net income (loss) (c)$96 $98 $(158)$111 $(88)$59 
Net credit-related charge-offs$4 $7 $116 $7 $— $134 
Selected average balances:
Assets$13,223 $18,164 $11,340 $11,331 $23,396 $77,454 
Loans12,665 17,978 10,858 10,051 (1)51,551 
Deposits22,037 16,985 9,697 10,596 1,209 60,524 
Statistical data:
Return on average assets (a) (c)0.84 %1.09 %(2.79)%1.92 %n/m0.15 %
Efficiency ratio (b) (c)59.41 46.32 59.24 48.65 n/m57.79 
(a)Return on average assets is calculated based on the greater of average assets or average liabilities and attributed equity.
(b)Noninterest expenses as a percentage of the sum of net interest income and noninterest income excluding net gains from securities and a derivative contract tied to the conversion rate of Visa Class B shares.
(c)See Defined Benefit Pension and Other Postretirement Costs in Note 1.
n/m – not meaningful.