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CONDENSED CONSOLIDATED BALANCE SHEETS Unaudited (USD $)
In Millions, unless otherwise specified
Jun. 30, 2014
Dec. 31, 2013
Assets    
Cash and due from banks $ 3,312 [1] $ 3,178 [1]
Available-for-sale and other securities 22,814 [2] 18,597 [2]
Held-to-maturity securities, amortized cost 194 [3] 208 [3]
Trading securities 361 343
Other short-term investments 2,386 5,116
Loans held for sale 682 [4] 944 [4]
Portfolio loans and leases:    
Commercial and industrial loans 41,299 39,316
Commercial mortgage loans 7,805 [1] 8,066 [1]
Commercial construction loans 1,424 1,039
Commercial leases 3,567 3,625
Residential mortgage loans 12,652 [5] 12,680 [5]
Home equity 9,056 9,246
Automobile loans 12,050 [1] 11,984 [1]
Credit card 2,261 2,294
Other consumer loans and leases 370 364
Portfolio loans and leases 90,484 88,614
Allowance for loan and lease losses (1,458) [1] (1,582) [1]
Portfolio loans and leases, net 89,026 87,032
Bank premises and equipment 2,491 2,531
Operating lease equipment 667 730
Goodwill 2,416 2,416
Intangible assets 17 19
Servicing rights 931 971
Other assets 7,265 [1] 8,358 [1]
Total Assets 132,562 130,443
Liabilities    
Demand 32,140 32,634
Interest checking 24,744 25,875
Savings 16,087 17,045
Money market 14,216 11,644
Other time 3,724 3,530
Certificates - $100,000 and over 3,623 6,571
Foreign office and other 1,418 1,976
Total deposits 95,952 99,275
Federal funds purchased 153 284
Other short-term borrowings 3,146 1,380
Accrued taxes, interest and expenses 1,824 1,758
Other liabilities 2,018 [1] 3,487 [1]
Long-term debt 13,961 [1] 9,633 [1]
Total liabilities 117,054 115,817
Equity    
Common stock 2,051 [6] 2,051 [6]
Preferred stock 1,331 [7] 1,034 [7]
Capital surplus 2,613 2,561
Retained earnings 10,666 10,156
Accumulated other comprehensive income 382 82
Treasury stock (1,574) [6] (1,295) [6]
Bancorp Shareholders' Equity 15,469 14,589
Noncontrolling interests 39 37
Total Equity 15,508 14,626
Total Liabilities and Equity $ 132,562 $ 130,443
[1] Includes $158 and $49 of cash and due from banks, $48 and $48 of commercial mortgage loans, $3,200 and $1,010 of automobile loans, $(20) and $(15) of ALLL, $32 and $13 of other assets, $6 and $1 of other liabilities, and $3,333 and $1,048 of long-term debt from consolidated VIEs that are included in their respective captions above at June 30, 2014 and December 31, 2013, respectively. See Note 9.
[2] Amortized cost of $22,184 and $18,409 at June 30, 2014 and December 31, 2013, respectively.
[3] Fair value of $194 and $208 at June 30, 2014 and December 31, 2013, respectively.
[4] Includes $598 and $890 of residential mortgage loans held for sale measured at fair value at June 30, 2014 and December 31, 2013, respectively.
[5] Includes $99 and $92 of residential mortgage loans measured at fair value at June 30, 2014 and December 31, 2013, respectively.
[6] Common shares: Stated value $2.22 per share; authorized 2,000,000,000; outstanding at June 30, 2014 – 844,488,849 (excludes 79,403,732 treasury shares), December 31, 2013 – 855,305,745 (excludes 68,586,836 treasury shares).
[7] 446,000 and 458,000 shares of undesignated no par value preferred stock are authorized and unissued at June 30, 2014 and December 31, 2013, respectively; fixed-to-floating rate non-cumulative Series H perpetual preferred stock with a $25,000 liquidation preference: 24,000 authorized shares, issued and outstanding at June 30, 2014 and December 31, 2013; fixed-to-floating rate non-cumulative Series I perpetual preferred stock with a $25,000 liquidation preference; 18,000 authorized shares, issued and outstanding at June 30, 2014 and December 31, 2013; and fixed-to-floating rate non-cumulative Series J perpetual preferred stock with a $25,000 liquidation preference: 12,000 authorized shares, issued and outstanding at June 30, 2014.