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CONDENSED CONSOLIDATED BALANCE SHEETS Unaudited - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
Assets    
Cash and due from banks [1] $ 2,203 $ 2,392
Available-for-sale and other securities [2] 31,823 31,183
Held-to-matury securities [3] 26 26
Trading securities 842 410
Other short-term investments 2,163 2,754
Loans held for sale [4] 766 751
Portfolio loans and leases [1],[5] 91,446 92,098
ALLL [1] (1,226) [6] (1,253) [7]
Portfolio loans and leases, net 90,220 90,845
Bank premises and equipment [8] 2,041 2,065
Operating lease equipment 719 738
Goodwill 2,423 [9] 2,416
Intangible assets 18 9
Servicing rights [10] 849 744
Other assets [1] 6,974 7,844
Total Assets 141,067 [9] 142,177
Deposits    
Noninterest-bearing deposits 34,965 35,782
Interest-bearing deposits 66,915 68,039
Total deposits 101,880 103,821
Federal funds purchased 117 132
Other short-term borrowings 5,389 3,535
Accrued taxes, interest and expenses 1,617 1,800
Other liabilities [1] 2,162 2,269
Long-term debt [1] 13,456 14,388
Total liabilities 124,621 125,945
Equity    
Common stock [11] 2,051 2,051
Preferred stock [12] 1,331 1,331
Capital surplus 2,751 2,756
Retained earnings 13,862 13,441
Accumulated other comprehensive income 163 59
Treasury stock [11] (3,739) (3,433)
Total Bancorp Shareholders' Equity 16,419 16,205
Noncontrolling interests 27 27
Total Equity 16,446 16,232
Total Liabilities and Equity $ 141,067 $ 142,177
[1]

Includes $ 57 and $ 85 of cash and due from banks, $ 737 and $ 1,216 of portfolio loans and leases , $ (24) and $ (26) of ALLL, $ 7 and $ 9 of other assets, $ 1 and $ 3 of other liabilities , and $ 618 and $ 1,094 of long-term debt from consolidated VIEs that are included in their respective captions above at June 30, 2017 and December 31, 2016 , respectively. For further information refer to Note 10 .

[2]

Amortized cost of $ 31,492 and $ 31,024 at June 30, 2017 and December 31, 2016 , respectively.

[3]

Fair value of $ 26 and $ 26 at June 30, 2017 and December 31, 2016 , respectively.

[4]

Includes $ 674 and $ 686 of residential mortgage loans held for sale measured at fair value at June 30, 2017 and December 31, 2016 , respectively.

[5]

Includes $ 142 and $ 143 of residential mortgage loans measured at fair value at June 30, 2017 and December 31, 2016 , respectively.

[6]

Includes $ 2 related to leveraged leases at June 30, 2017 .

[7]

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

[8]

Includes $ 41 and $ 39 of bank premises and equipment held for sale at June 30, 2017 and December 31, 2016 , respectively. For further information refer to Note 7 .

[9]

A net tax deficiency of $ 5 was reclassified from capital surplus to applicable income tax expense for the three months ended June 30, 2016, related to the early adoption of ASU 2016-09 during the fourth quarter of 2016, with an effe ctive date of January 1, 2016.

[10]

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 June 30, 2017 and were measured under the amortization method at December 31, 2016. For further information refer to Note 11 .

[11]

Common shares: Stated value $2.22 per share; authorized 2,000,000,000 ; outstanding at June 30, 2017 738,872,549 (excludes 185,020,032 treasury shares), December 31, 2016 750,479,299 (excludes 173,413,282 trea sury shares).

[12]

446,000 shares of undesignated no par value preferred stock are authorized and unissued at June 30, 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 June 30, 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 June 30, 2017 and December 31, 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 June 30, 2017 and December 31, 2016 .