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CONDENSED CONSOLIDATED BALANCE SHEETS Unaudited - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
Assets    
Cash and due from banks [1] $ 2,205 $ 2,392
Available-for-sale and other securities [2] 31,480 31,183
Held-to-matury securities [3] 25 26
Trading securities 850 410
Other short-term investments 3,298 2,754
Loans and leases held for sale [4] 711 751
Portfolio loans and leases [1],[5] 91,883 92,098
ALLL [1] (1,205) [6] (1,253) [7]
Portfolio loans and leases, net 90,678 90,845
Bank premises and equipment [8] 2,018 2,065
Operating lease equipment 663 738
Goodwill 2,423 2,416
Intangible assets 18 9
Servicing rights [9] 848 744
Other assets [1] 7,047 7,844
Total Assets 142,264 142,177
Deposits    
Noninterest-bearing deposits 35,246 35,782
Interest-bearing deposits 66,206 68,039
Total deposits 101,452 103,821
Federal funds purchased 118 132
Other short-term borrowings 5,688 3,535
Accrued taxes, interest and expenses 2,071 1,800
Other liabilities [1] 2,516 2,269
Long-term debt [1] 14,039 14,388
Total liabilities 125,884 125,945
Equity    
Common stock [10] 2,051 2,051
Preferred stock [11] 1,331 1,331
Capital surplus 2,682 2,756
Retained earnings 14,748 13,441
Accumulated other comprehensive income 185 59
Treasury stock [10] (4,637) (3,433)
Total Bancorp Shareholders' Equity 16,360 16,205
Noncontrolling interests 20 27
Total Equity 16,380 16,232
Total Liabilities and Equity $ 142,264 $ 142,177
[1]

Includes $ 116 and $ 85 of cash and due from banks, $ 1,532 and $ 1,216 of portfolio loans and leases , $ (8) and $ (26) of ALLL, $ 9 and $ 9 of other assets, $ 3 and $ 3 of other liabilities , and $ 1,491 and $ 1,094 of long-term debt from consolidated VIEs that are included in their respective captions above at September 30, 2017 and December 31, 2016 , respectively. For further information refer to Note 11 .

[2]

Amortized cost of $ 31,114 and $ 31,024 at September 30, 2017 and December 31, 2016 , respectively.

[3]

Fair value of $ 25 and $ 26 at September 30, 2017 and December 31, 2016 , respectively.

[4]

Includes $ 651 and $ 686 of residential mortgage loans held for sale measured at fair value and $ 5 and $ 0 of commercial loans held for sale measured at fair value at September 30, 2017 and December 31, 2016 , respectively.

[5]

Includes $ 140 and $ 143 of residential mortgage loans measured at fair value at September 30, 2017 and December 31, 2016 , respectively.

[6]

Includes $ 1 related to leveraged leases at September 30, 2017 .

[7]

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

[8]

Includes $ 36 and $ 39 of bank premises and equipment held for sale at September 30, 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 residential mortgage servicing rights. Th e servicing rights were measured at fair value at September 30, 2017 and were measured under the amortization method at December 31, 2016. For further information refer to Note 12 .

[10]

Common shares: Stated value $2.22 per share; authorized 2,000,000,000 ; outstanding at September 30, 2017 705,473,789 (excludes 218,418,792 treasury shares), December 31, 2016 750,479,299 (excludes 173,413,282 treasury shares).

[11]

446,000 shares of undesignated no par value pr eferred stock are authorized and unissued at September 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 September 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 September 30, 2017 and December 31, 2016 ; and fixed-to-float ing rate non-cumulative Series J perpetual preferred stock with a $25,000 liquidation preference: 12,000 authorized shares, issued and outstanding at September 30, 2017 and December 31, 2016 .