Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2012

Calculation of Earnings Per Share and the Reconciliation of Earnings Per Share to Earnings Per Diluted Share

The calculation of earnings per share and the reconciliation of earnings per share and earnings per diluted share for the years ended December 31:
		2012			2011			2010
			Average	Per Share		Average	Per Share		Average	Per Share
(in millions, except per share data)		Income	Shares	Amount	Income	Shares	Amount	Income	Shares	Amount
Earnings per share:
Net income attributable to Bancorp	$	1,576			1,297			753
Dividends on preferred stock		35			203			250
Net income available to common shareholders		1,541			1,094			503
Less: Income allocated to participating securities		10			6			3
Net income allocated to common shareholders	$	1,531	904	1.69	1,088	906	1.20	500	791	0.63
Earnings per diluted share:
Net income available to common shareholders	$	1,541			1,094			503
Effect of dilutive securities:
Stock-based awards		-	6	-	-	6	-	-	5	-
Series G convertible preferred stock		35	36	(0.03)	35	36	(0.02)	-	-	-
Warrants related to Series F preferred stock		-	-	-	-	2	-	-	3	-
Net income available to common shareholders		1,576			1,129			503
plus assumed conversions
Less: Income allocated to participating securities		10			6			3
Net income allocated to common shareholders
plus assumed conversions	$	1,566	946	1.66	1,123	950	1.18	500	799	0.63