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CONDENSED CONSOLIDATED BALANCE SHEETS Unaudited - USD ($)
$ in Millions
Sep. 30, 2018
Dec. 31, 2017
Assets    
Cash and due from banks $ 2,100 $ 2,514
Other short-term investments [1] 1,429 2,753
Available-for-sale debt and other securities [2] 31,808 31,751
Held-to-matury securities [3] 18 24
Trading debt securities 269 492
Equity securities 500 439
Loans and leases held for sale 663 [4] 492
Portfolio loans and leases [1],[5] 93,443 91,970
ALLL [1] (1,091) (1,196)
Portfolio loans and leases, net 92,352 90,774
Bank premises and equipment [6] 1,896 2,003
Operating lease equipment 546 646
Goodwill 2,462 2,445
Intangible assets 28 27
Servicing rights 1,010 858
Other assets 6,604 6,975
Total Assets 141,685 142,193
Deposits    
Noninterest-bearing deposits 31,803 35,276
Interest-bearing deposits 72,539 67,886
Total deposits 104,342 103,162
Federal funds purchased 2,316 174
Other short-term borrowings 1,114 4,012
Accrued taxes, interest and expenses 1,155 1,412
Other liabilities [1] 2,448 2,144
Long-term debt [1] 14,460 14,904
Total liabilities 125,835 125,808
Equity    
Common stock [7] 2,051 2,051
Preferred stock [8] 1,331 1,331
Capital surplus 2,856 2,790
Retained earnings 16,440 15,122
Accumulated other comprehensive income (775) 73 [9]
Treasury stock [7] (6,073) (5,002)
Total Bancorp Shareholders' Equity 15,830 16,365
Noncontrolling interests 20 20
Total Equity 15,850 16,385
Total Liabilities and Equity $ 141,685 $ 142,193
[1]

Includes $ 41 and $ 62 of other short-term investments , $ 793 and $ 1,297 of portfolio loans and leases, $ (4) and $ (6) of ALLL, $ 5 and $ 7 of other assets, $ 1 and $ 2 of other liabilities, and $ 710 and $ 1,190 of long-term debt from consolidated VIEs that are included in their respe ctive captions above at September 30, 2018 and December 31, 2017 , respectively. For further information refer to Note 10 .

[2]
  • Amortized cost of $ 32,707 and $ 31,577 at September 30, 2018 and December 31, 2017 , respectively.
[3]

Fair value of $ 18 and $ 24 at September 30, 2018 and December 31, 2017 , respectively.

[4]

Includes $ 563 and $ 399 of residential mortgage loans held for sale measured at fair value and $ 6 and $ 0 of commercial loans held for sale measured at fair value at September 30, 2018 and December 31, 2017 , respectively.

[5]

Includes $ 172 and $ 137 of residential mortgage loans measured at fair value at September 30, 2018 and December 31, 2017 , respectively.

[6]

Includes $ 38 and $ 27 of bank premises and equipment held for sale at September 30, 2018 and December 31, 2017 , respectively. For further information refer to Note 7 .

[7]

Common shares: Stated value $2.22 per share; authorized 2,000,000,000 ; outstanding at September 30, 2018 661,372,797 (excludes 262,519,784 treasury shares), Decemb er 31, 2017 693,804,893 (excludes 230,087,688 treasury shares).

[8]

446,000 shares of undesignated no par value preferred stock are authorized and unissued at September 30, 2018 and December 31, 2017 ; fixed-to-floating rate non-cumulative Series H perpetual preferred stock with a $25,000 li quidation preference: 24,000 authorized shares, issued and outstanding at September 30, 2018 and December 31, 2017 ; fixed-to-floating rate non-cumulative Series I perpetual preferred stock with a $25,000 liquidation preference; 18,000 authorized shares, issue d and outstanding at September 30, 2018 and December 31, 2017 ; 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 September 30, 2018 and December 31 , 2017 .

[9]

The Bancorp’s AOCI balance was adjusted as of January 1, 2018 to reflect the adoption of new accounting standards. Refer to Note 3 for additional information.