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CONDENSED CONSOLIDATED BALANCE SHEETS Unaudited (USD $)
In Millions, unless otherwise specified
Sep. 30, 2012
Dec. 31, 2011
Sep. 30, 2011
Assets      
Cash and due from banks $ 2,490 [1] $ 2,663 [1] $ 2,348 [1]
Available-for-sale and other securities 15,402 [2] 15,362 [2] 16,227 [2]
Held-to-maturity securities 287 [3] 322 [3] 337 [3]
Trading securities 205 177 189
Other short-term investments 1,286 [1] 1,781 [1] 2,028 [1]
Loans held for sale 1,802 [4] 2,954 [4] 1,840 [4]
Portfolio loans and leases:      
Commercial and industrial loans 33,344 30,783 29,258
Commercial mortgage loans 9,348 [1] 10,138 [1] 10,330 [1]
Commercial construction loans 672 1,020 1,213
Commercial leases 3,549 3,531 3,368
Residential mortgage loans 11,708 [5] 10,672 [5] 10,249 [5]
Home equity 10,238 [1] 10,719 [1] 10,920 [1]
Automobile loans 11,912 [1] 11,827 [1] 11,593 [1]
Credit card 1,994 1,978 1,878
Other consumer loans and leases 294 350 407
Portfolio loans and leases 83,059 81,018 79,216
Allowance for loan and lease losses (1,925) [1] (2,255) [1] (2,439) [1]
Portfolio loans and leases, net 81,134 78,763 76,777
Bank premises and equipment 2,520 2,447 2,410
Operating lease equipment 542 497 462
Goodwill 2,417 2,417 2,417
Intangible assets 30 40 45
Servicing rights 679 681 662
Other assets 8,689 [1] 8,863 [1] 9,163 [1]
Total Assets 117,483 116,967 114,905
Deposits:      
Demand 27,606 27,600 24,547
Interest checking 22,891 20,392 18,616
Savings 20,624 21,756 21,673
Money market 5,285 4,989 5,448
Other time 4,167 4,638 5,439
Certificates - $100,000 and over 2,978 3,039 3,092
Foreign office and other 1,137 3,296 3,232
Total deposits 84,688 85,710 82,047
Federal funds purchased 686 346 427
Other short-term borrowings 5,503 3,239 4,894
Accrued taxes, interest and expenses 1,588 1,469 1,307
Other liabilities 3,122 [1] 3,270 [1] 3,372 [1]
Long-term debt 8,127 [1] 9,682 [1] 9,800 [1]
Total liabilities 103,714 103,716 101,847
Equity      
Common stock 2,051 [6] 2,051 [6] 2,051 [6]
Preferred stock 398 [7] 398 [7] 398 [7]
Capital surplus 2,733 2,792 2,780
Retained earnings 8,466 7,554 7,323
Accumulated other comprehensive income 468 470 542
Treasury stock (398) (64) (65)
Bancorp Shareholders' Equity 13,718 13,201 13,029
Noncontrolling interests 51 50 29
Total Equity 13,769 13,251 13,058
Total Liabilities and Bancorp Shareholders' Equity $ 117,483 $ 116,967 $ 114,905
[1] Includes $0, $30 and $35 of cash, $0, $7 and $7of other short-term investments, $50, $50 and $29 of commercial mortgage loans, $0, $223 and $228 of home equity loans, $0, $259 and $334 of automobile loans, ($2), ($10) and ($10) of ALLL, $3, $4 and $3 of other assets, $0, $4 and $5 of other liabilities, $0, $191and $270 of long-term debt from consolidated VIEs that are included in their respective captions above at September 30, 2012, December 31, 2011 and September 30, 2011, respectively. See Note 8.
[2] Amortized cost of $14,641, $14,614 and $15,427 at September 30, 2012, December 31, 2011 and September 30, 2011, respectively.
[3] Fair value of $287, $322 and $337 at September 30, 2012, December 31, 2011 and September 30, 2011, respectively.
[4] Includes $1,741, $2,751 and $1,593 of residential mortgage loans held for sale measured at fair value at September 30, 2012, December 31, 2011and September 30, 2011, respectively.
[5] Includes $76, $65 and $62 of residential mortgage loans measured at fair value at September 30, 2012, December 31, 2011 and September 30, 2011, respectively.
[6] Common shares: Stated value $2.22 per share; authorized 2,000,000,000; outstanding at September 30, 2012 – 897,467,318 (excludes 26,425,263 treasury shares), December 31, 2011 – 919,804,436 (excludes 4,088,145 treasury shares) and September 30, 2011 – 919,778,512 (excludes 4,114,068 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 September 30, 2012, December 31, 2011, and September 30, 2011.