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CONDENSED CONSOLIDATED STATEMENTS OF INCOME Unaudited (USD $)
In Millions, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Jun. 30, 2012
Jun. 30, 2011
Interest Income        
Interest and fees on loans and leases $ 891 $ 893 $ 1,789 $ 1,803
Interest on securities 135 151 276 300
Interest on other short-term investments 1 1 2 2
Total income 1,027 1,045 2,067 2,105
Interest Expense        
Interest on deposits 55 97 114 203
Interest on other short-term borrowings 2 1 3 2
Interest on long-term debt 75 83 157 157
Total interest expense 132 181 274 362
Net Interest Income 895 864 1,793 1,743
Provision for loan and lease losses 71 113 162 281
Net Interest Income After Provision for Loan and Lease Losses 824 751 1,631 1,462
Noninterest Income        
Mortgage banking net revenue 183 162 387 264
Service charges on deposits 130 126 260 250
Investment advisory revenue 93 95 190 193
Corporate banking revenue 102 95 199 181
Card and processing revenue 64 89 122 169
Other noninterest income 103 83 279 164
Securities gains, net 3 6 11 14
Securities gains, net - non-qualifying hedges on mortgage servicing rights       5
Total noninterest income 678 656 1,448 1,240
Noninterest Expense        
Salaries, wages and incentives 393 365 792 716
Employee benefits 84 79 195 176
Net occupancy expense 74 75 151 152
Technology and communications 48 48 95 93
Card and processing expense 30 29 60 58
Equipment expense 27 28 55 57
Other noninterest expense 281 277 563 567
Total noninterest expense 937 901 1,911 1,819
Income (Loss) Before Income Taxes and Change in Undstributed Earnings of Subsidiaries 565 506 1,168 883
Applicable income tax expense 180 169 352 281
Net Income (Loss) 385 337 816 602
Less: Net income attributable to noncontrolling interest     (1)  
Net Income (Loss) 385 337 815 602
Dividends on preferred stock 9 9 18 185
Net income (loss) available to common shareholders $ 376 $ 328 $ 797 $ 417
Earnings Per Share $ 0.41 $ 0.36 $ 0.87 $ 0.46
Earnings Per Diluted Share $ 0.40 $ 0.35 $ 0.85 $ 0.46
Average common shares - basic 913,540,510 914,600,600 914,383,163 897,808,489
Average common shares - diluted 954,622,463 955,477,616 956,015,935 907,506,319
Cash dividends declared per share $ 0.08 $ 0.06 $ 0.16 $ 0.12