XML 71 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
CONDENSED CONSOLIDATED BALANCE SHEETS Unaudited (USD $)
In Millions, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Jun. 30, 2011
Assets      
Cash and due from banks $ 2,393 [1] $ 2,663 [1] $ 2,380 [1]
Available-for-sale and other securities 15,552 [2] 15,362 [2] 15,502 [2]
Held-to-maturity securities 305 [3] 322 [3] 344 [3]
Trading securities 200 177 217
Other short-term investments 1,964 [1] 1,781 [1] 1,370 [1]
Loans held for sale 1,863 [4] 2,954 [4] 1,185 [4]
Portfolio loans and leases:      
Commercial and industrial loans 32,612 30,783 28,099
Commercial mortgage loans 9,662 [1] 10,138 [1] 10,233 [1]
Commercial construction loans 822 1,020 1,778
Commercial leases 3,467 3,531 3,326
Residential mortgage loans 11,429 [5] 10,672 [5] 9,849 [5]
Home equity 10,377 [1] 10,719 [1] 11,048 [1]
Automobile loans 11,739 [1] 11,827 [1] 11,315 [1]
Credit card 1,943 1,978 1,856
Other consumer loans and leases 308 350 463
Portfolio loans and leases 82,359 81,018 77,967
Allowance for loan and lease losses (2,016) [1] (2,255) [1] (2,614) [1]
Portfolio loans and leases, net 80,343 78,763 75,353
Bank premises and equipment 2,506 2,447 2,395
Operating lease equipment 511 497 492
Goodwill 2,417 2,417 2,417
Intangible assets 33 40 49
Servicing rights 736 681 847
Other assets 8,720 [1] 8,863 [1] 8,254 [1]
Total Assets 117,543 116,967 110,805
Deposits:      
Demand 26,251 27,600 22,589
Interest checking 23,197 20,392 18,072
Savings 22,011 21,756 21,764
Money market 4,223 4,989 4,859
Other time 4,261 4,638 6,399
Certificates - $100,000 and over 3,065 3,039 3,642
Foreign office and other 1,265 3,296 3,273
Total deposits 84,273 85,710 80,598
Federal funds purchased 641 346 403
Other short-term borrowings 4,613 3,239 2,702
Accrued taxes, interest and expenses 1,491 1,469 1,067
Other liabilities 3,016 [1] 3,270 [1] 3,282 [1]
Long-term debt 9,685 [1] 9,682 [1] 10,152 [1]
Total liabilities 103,719 103,716 98,204
Equity      
Common stock 2,051 [6] 2,051 [6] 2,051 [6]
Preferred stock 398 [7] 398 [7] 398 [7]
Capital surplus 2,752 2,792 2,769
Retained earnings 8,201 7,554 7,024
Accumulated other comprehensive income 454 470 396
Treasury stock (83) (64) (66)
Bancorp Shareholders' Equity 13,773 13,201 12,572
Noncontrolling interest 51 50 29
Total Equity 13,824 13,251 12,601
Total Liabilities and Bancorp Shareholders' Equity $ 117,543 $ 116,967 $ 110,805
[1] Includes $9, $30 and $42 of cash, $4, $7 and $7of other short-term investments, $51, $50 and $29 of commercial mortgage loans, $0, $223 and $231 of home equity loans, $75, $259 and $424 of automobile loans, ($3), ($10) and ($11) of ALLL, $3, $4 and $4 of other assets, $2, $4 and $8 of other liabilities, $73, $191and $365 of long-term debt from consolidated VIEs that are included in their respective captions above at June 30, 2012, December 31, 2011 and June 30, 2011, respectively. See Note 8.
[2] Amortized cost of $14,818, $14,614 and $14,889 at June 30, 2012, December 31, 2011 and June 30, 2011, respectively.
[3] Fair value of $305, $322 and $344 at June 30, 2012, December 31, 2011 and June 30, 2011, respectively.
[4] Includes $1,788, $2,751 and $978 of residential mortgage loans held for sale measured at fair value at June 30, 2012, December 31, 2011and June 30, 2011, respectively.
[5] Includes $76, $65 and $59 of residential mortgage loans measured at fair value at June 30, 2012, December 31, 2011 and June 30, 2011, respectively.
[6] Common shares: Stated value $2.22 per share; authorized 2,000,000,000; outstanding at June 30, 2012 – 918,913,253 (excludes 3,836,240 treasury shares), December 31, 2011 – 919,804,436 (excludes 4,088,145 treasury shares) and June 30, 2011 – 919,818,137 (excludes 4,074,443 treasury shares).
[7] 317,680 shares of undesignated no par value preferred stock are authorized of which none had been issued; 8.5% non-cumulative Series G convertible (into 2,159.8272 common shares) perpetual preferred stock with a $25,000 liquidation preference: 46,000 authorized, 16,450 issued and outstanding at June 30, 2012, December 31, 2011, and June 30, 2011.