Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2013

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 were as follows:
		2013			2012
For the three months ended March 31,			Average	Per Share		Average	Per Share
(in millions, except per share data)		Income	Shares	Amount	Income	Shares	Amount
Earnings per share:
Net income attributable to Bancorp	$	422			430
Dividends on preferred stock		9			9
Net income available to common shareholders		413			421
Less: Income allocated to participating securities		3			2
Net income allocated to common shareholders	$	410	871	0.47	419	915	0.46
Earnings per diluted share:
Net income available to common shareholders	$	413			421
Effect of dilutive securities:
Stock-based awards		-	6	-	-	6	-
Series G convertible preferred stock		9	36	(0.01)	9	36	(0.01)
Net income available to common shareholders		422			430
plus assumed conversions
Less: Income allocated to participating securities		3			2
Net income allocated to common shareholders
plus assumed conversions	$	419	913	0.46	428	957	0.45