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CONDENSED CONSOLIDATED BALANCE SHEETS Unaudited - USD ($)
$ in Millions
Mar. 31, 2017
Dec. 31, 2016
Assets    
Cash and due from banks [1] $ 2,205 $ 2,392
Available-for-sale and other securities [2] 31,531 31,183
Held-to-matury securities [3] 26 26
Trading securities 689 410
Other short-term investments 1,644 2,754
Loans held for sale [4] 616 751
Portfolio loans and leases [1],[5] 91,628 92,098
ALLL (1,238) [6] (1,253) [1],[7]
Portfolio loans and leases, net 90,390 90,845
Bank premises and equipment [8] 2,052 2,065
Operating lease equipment 702 738
Goodwill 2,419 2,416
Intangible assets 11 9
Servicing rights [9] 776 744
Other assets [1] 7,139 7,844
Total Assets 140,200 142,177
Deposits    
Noninterest-bearing deposits 35,362 35,782
Interest-bearing deposits 68,794 68,039
Total deposits 104,156 103,821
Federal funds purchased 155 132
Other short-term borrowings 2,015 3,535
Accrued taxes, interest and expenses 1,655 1,800
Other liabilities [1] 2,104 2,269
Long-term debt [1] 13,658 14,388
Total liabilities 123,743 125,945
Equity    
Common stock [10] 2,051 2,051
Preferred stock [11] 1,331 1,331
Capital surplus 2,803 2,756
Retained earnings 13,625 13,441
Accumulated other comprehensive income 68 59
Treasury stock [10] (3,448) (3,433)
Total Bancorp Shareholders' Equity 16,430 16,205
Noncontrolling interests 27 27
Total Equity 16,457 16,232
Total Liabilities and Equity $ 140,200 $ 142,177
[1]

Includes $ 85 and $ 85 of cash and due from banks, $ 1,015 and $ 1,216 of portfolio loans and leases , $ (25) and $ (26) of ALLL, $ 7 and $ 9 of other assets, $ 2 and $ 3 of other liabilities , and $ 883 and $ 1,094 of long-term debt from consolidated VIEs that are included in their respective captions above at March 31, 2017 and December 31, 2016 , respectively. For further information refer to Note 10 .

[2]

Amortized cost of $ 31,348 and $ 31,024 at March 31, 2017 and December 31, 2016 , respectively.

[3]

Fair value of $ 26 and $ 26 at March 31, 2017 and December 31, 2016 , respectively.

[4]

Includes $ 606 and $ 686 of residential mortgage loans held for sale measured at fair value at March 31, 2017 and December 31, 2016 , respectively.

[5]

Includes $ 141 and $ 143 of residential mortgage loans measured at fair value at March 31, 2017 and December 31, 2016 , respectively.

[6]

Includes $ 2 related to leveraged leases at March 31, 2017 .

[7]

Includes $ 2 related to leveraged leases at December 31, 2016 .

[8]

Includes $ 51 and $ 39 of bank premises and equipment held for sale at March 31, 2017 and December 31, 2016 , respectively. For further information refer to Note 7.

[9]

Effective January 1, 2017, the Bancorp has elected the fair value measurement method for all existing classes of its r esidential mortgage servicing rights. The servicing rights were measured at fair value at March 31, 2017 and were measured under the amortization method at December 31, 2016. For further information refer to Note 11 .

[10]

Common shares: Stated value $2.22 per share; authorized 2,000,000,000 ; outstanding at March 31, 2017 750,144,587 (excludes 173,747,994 treasury shares), December 31, 2016 750,479,299 (excludes 173,413,282 treasury shares).

[11]

446,000 shares of unde signated no par value preferred stock are authorized and unissued at March 31, 2017 and December 31, 2016 ; 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 March 31, 2017 and December 31, 2016 ; 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 March 31, 2017 and December 3 1, 2016 ; 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 March 31, 2017 and December 31, 2016 .