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CONDENSED CONSOLIDATED BALANCE SHEETS Unaudited (Parenthetical) - USD ($)
$ in Millions
Mar. 31, 2016
Dec. 31, 2015
Cash and due from banks [1] $ 2,298 $ 2,540
Portfolio loans and leases [1],[2] 93,605 92,582
ALLL [1] (1,295) (1,272)
Other assets [1],[3] 8,846 7,965
Other liabilities [1] 2,627 2,341
Long-term debt [1],[3] 15,305 15,810
Available-for-sale and other securities, amortized cost 28,838 28,678
Held-to-maturity securities, fair value 64 70
Residential mortgage loans held for sale measured at FV 600 519
Bank premises and equipment held for sale 68 81
Deposits Held for Sale $ 331 $ 628
Common stock, stated value $ 2.22 $ 2.22
Common stock, authorized 2,000,000,000 2,000,000,000
Common stock, outstanding 770,470,768 785,080,314
Common stock, treasury shares 153,421,813 138,812,267
Residential Mortgage    
Residential mortgage loans measured at FV $ 160 $ 167
Variable Interest Entities    
Cash and due from banks 147 152
Portfolio loans and leases 2,178 2,537
ALLL (27) (28)
Other assets 11 14
Other liabilities 4 3
Long-term debt $ 2,102 $ 2,487
Preferred Stock    
Preferred stock, authorized 446,000 446,000
Preferred stock Series H    
Preferred stock, authorized 24,000 24,000
Preferred stock, liquidation preference $ 25,000 $ 25,000
Preferred stock, issued 24,000 24,000
Preferred stock, outstanding 24,000 24,000
Preferred stock Series I    
Preferred stock, authorized 18,000 18,000
Preferred stock, liquidation preference $ 25,000 $ 25,000
Preferred stock, issued 18,000 18,000
Preferred stock, outstanding 18,000 18,000
Preferred stock Series J    
Preferred stock, authorized 12,000 12,000
Preferred stock, liquidation preference $ 25,000 $ 25,000
Preferred stock, issued 12,000 12,000
Preferred stock, outstanding 12,000 12,000
[1] Includes $147 and $152 of cash and due from banks, $2,178 and $2,537 of portfolio loans and leases, $(27) and $(28) of ALLL, $11 and $14 of other assets, $4 and $3 of other liabilities, and $2,102 and $2,487 of long-term debt from consolidated VIEs that are included in their respective captions above at March 31, 2016 and December 31, 2015, respectively. For further information refer to Note 9.
[2] Includes $160 and $167 of residential mortgage loans measured at fair value at March 31, 2016 and December 31, 2015, respectively.
[3] Upon adoption of ASU 2015-03 on January 1, 2016, the December 31, 2015 Condensed Consolidated Balance Sheets were adjusted to reflect the reclassification of $34 million of debt issuance costs from other assets to long-term debt. For further information refer to Note 3.