Derivative Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2012

Notional Amounts and Fair Values for All Derivative Instruments Included in the Consolidated Balance Sheets

The following tables reflect the notional amounts and fair values for all derivative instruments included in the Consolidated Balance Sheets as of:
				Fair Value
		Notional		Derivative	Derivative
December 31, 2012 ($ in millions)		Amount		Assets	Liabilities
Qualifying hedging instruments
Fair value hedges:
Interest rate swaps related to long-term debt	$	2,880		558	-
Total fair value hedges				558	-
Cash flow hedges:
Interest rate floors related to C&I loans		1,500		22	-
Interest rate swaps related to C&I loans		1,000		60	-
Interest rate caps related to long-term debt		500		-	-
Interest rate swaps related to long-term debt		250		-	1
Total cash flow hedges				82	1
Total derivatives designated as qualifying hedging instruments				640	1
Derivatives not designated as qualifying hedging instruments
Free-standing derivatives - risk management and other business purposes:
Interest rate contracts related to MSRs		10,177		219	-
Forward contracts related to held for sale mortgage loans		5,322		2	14
Stock warrants associated with sale of the processing business		416		177	-
Swap associated with the sale of Visa, Inc. Class B shares		644		-	33
Total free-standing derivatives - risk management and other business purposes				398	47
Free-standing derivatives - customer accommodation:
Interest rate contracts for customers		27,354		586	602
Interest rate lock commitments		4,894		60	-
Commodity contracts		3,084		87	82
Foreign exchange contracts		17,297		201	183
Derivative instruments related to equity linked CDs		5		-	-
Total free-standing derivatives - customer accommodation				934	867
Total derivatives not designated as qualifying hedging instruments				1,332	914
Total			$	1,972	915

				Fair Value
		Notional		Derivative	Derivative
December 31, 2011 ($ in millions)		Amount		Assets	Liabilities
Qualifying hedging instruments
Fair value hedges:
Interest rate swaps related to long-term debt	$	4,080		662	-
Total fair value hedges				662	-
Cash flow hedges:
Interest rate floors related to C&I loans		1,500		91	-
Interest rate swaps related to C&I loans		1,500		59	-
Interest rate caps related to long-term debt		500		-	-
Interest rate swaps related to long-term debt		250		-	5
Total cash flow hedges				150	5
Total derivatives designated as qualifying hedging instruments				812	5
Derivatives not designated as qualifying hedging instruments
Free-standing derivatives - risk management and other business purposes:
Interest rate contracts related to MSRs		3,077		187	-
Forward contracts related to held for sale mortgage loans		5,705		8	54
Interest rate swaps related to long-term debt		311		1	3
Put options associated with sale of the processing business		978		-	1
Stock warrants associated with sale of the processing business		223		111	-
Swap associated with the sale of Visa, Inc. Class B shares		436		-	78
Total free-standing derivatives - risk management and other business purposes				307	136
Free-standing derivatives - customer accommodation:
Interest rate contracts for customers		30,000		774	795
Interest rate lock commitments		3,835		33	1
Commodity contracts		2,074		134	130
Foreign exchange contracts		17,909		294	275
Derivative instruments related to equity linked CDs		34		2	2
Total free-standing derivatives - customer accommodation				1,237	1,203
Total derivatives not designated as qualifying hedging instruments				1,544	1,339
Total			$	2,356	1,344

Net Gains (Losses) Relating to Derivative Instruments Designated as Cash Flow Hedges

The following table presents the net gains recorded in the Consolidated Statements of Income and the Consolidated Statements of Comprehensive Income relating to derivative instruments designated as cash flow hedges:
For the year ended December 31 ($ in millions)		2012	2011	2010
Amount of net gain recognized in OCI	$	37	89	2
Amount of net gain reclassified from OCI into net income		83	69	60
Amount of ineffectiveness recognized in other noninterest income		-	1	6

Schedule of Price Risk Derivatives

The net gains (losses) recorded in the Consolidated Statements of Income relating to free-standing derivative instruments used for risk management and other business purposes are summarized in the following table:
	Consolidated Statements of Income Caption
For the year ended December 31 ($ in millions)					2012		2011		2010
Interest rate contracts:
Forward contracts related to mortgage loans held for sale		Mortgage banking net revenue	$	28		(128)		40
Interest rate contracts related to MSRs		Mortgage banking net revenue		63		345		109
Interest rate swaps related to long-term debt		Other noninterest income		2		7		2
Equity contracts:
Stock warrants associated with sale of the processing business		Other noninterest income		66		32		4
Put options associated with sale of the processing business		Other noninterest income		1		7		1
Swap associated with sale of Visa, Inc. Class B shares		Other noninterest income		(45)		(83)		(19)

Risk Ratings of the Notional Amount of Risk Participation Agreements

Risk ratings of the notional amount of risk participation agreements under this risk rating system are summarized in the following table:
At December 31 ($ in millions)		2012	2011
Pass	$	993	772
Special mention		-	14
Substandard		13	18
Doubtful		-	4
Total	$	1,006	808

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]

The following table reflects the change in fair value of interest rate contracts, designated as fair value hedges, as well as the change in fair value of the related hedged items attributable to the risk being hedged, included in the Consolidated Statements of Income:
	Consolidated Statements of Income Caption
For the year ended December 31 ($ in millions)					2012		2011		2010
Interest rate contracts:
Change in fair value of interest rate swaps hedging long-term debt		Interest on long-term debt	$	(104)		220		167
Change in fair value of hedged long-term debt attributable to the risk being hedged		Interest on long-term debt		107		(227)		(168)
Change in fair value of interest rate swaps hedging time deposits		Interest on deposits		-		-		6
Change in fair value of hedged time deposits		Interest on deposits		-		-		(6)

Net Gains (Losses) Recognized in the Income Statement Related to Free-Standing Derivative Instruments Used For Customer Accomodation

The net gains (losses) recorded in the Consolidated Statements of Income relating to free-standing derivative instruments used for customer accommodation are summarized in the following table:
For the year ended December 31	Consolidated Statements of Income Caption
($ in millions)			2012	2011	2010
Interest rate contracts:
Interest rate contracts for customers (contract revenue)	Corporate banking revenue	$	30	28	26
Interest rate contracts for customers (credit losses)	Other noninterest expense		(2)	(13)	(22)
Interest rate contracts for customers (credit portion of fair value adjustment)	Other noninterest expense		6	13	(1)
Interest rate lock commitments	Mortgage banking net revenue		417	206	187
Commodity contracts:
Commodity contracts for customers (contract revenue)	Corporate banking revenue		7	8	8
Commodity contracts for customers (credit portion of fair value adjustment)	Other noninterest expense		2	-	-
Foreign exchange contracts:
Foreign exchange contracts - customers (contract revenue)	Corporate banking revenue		65	47	63
Foreign exchange contracts - customers (credit portion of fair value adjustment)	Other noninterest expense		2	1	(1)