VARIABLE INTEREST ENTITIES (Tables)

12 Months Ended

Dec. 31, 2011

VARIABLE INTEREST ENTITIES

Schedule of Consolidated Variable Interest Entities

										Off-Balance Sheet Exposure
		VIE Assets*				VIE Liabilities
December 31, (in billions)
		2011		2010		2011		2010		2011		2010
	AIA/ALICO SPVs	$	14.2	$	48.6	$	0.1	$	0.9	$	-	$	-
	Real estate and investment funds		1.5		3.8		0.4		1.2		0.1		0.1
	Commercial paper conduit		0.5		0.5		0.2		0.2		-		-
	Affordable housing partnerships		2.5		2.9		0.1		0.4		-		-
	Other		4.1		4.7		1.8		2.1		-		-
	VIEs of businesses held for sale		-		0.4		-		-		-		-
Total		$	22.8	$	60.9	$	2.6	$	4.8	$	0.1	$	0.1

*

The assets of each VIE can be used only to settle specific obligations of that VIE.

Schedule of Unconsolidated Variable Interest Entities

				Maximum Exposure to Loss
(in billions)		Total VIE Assets		On-Balance Sheet		Off-Balance Sheet		Total
December 31, 2011
	Real estate and investment funds	$	18.3	$	2.1	$	0.3	$	2.4
	Affordable housing partnerships		0.6		0.6		-		0.6
	Maiden Lane Interests		27.1		7.0		-		7.0
	Other		1.5		-		-		-
Total		$	47.5	$	9.7	$	0.3	$	10.0
December 31, 2010
	Real estate and investment funds	$	18.5	$	2.5	$	0.3	$	2.8
	Affordable housing partnerships		0.6		0.6		-		0.6
	Maiden Lane Interests		40.1		7.6		-		7.6
	Other		1.6		0.1		0.5		0.6
	VIEs of businesses held for sale		2.0		0.4		0.1		0.5
Total		$	62.8	$	11.2	$	0.9	$	12.1

Schedule of Assets And Liabilities of Variable Interest Entities by Balance Sheet Location

		Consolidated VIEs				Unconsolidated VIEs
December 31, (in billions)
		2011		2010		2011		2010
Assets:
	Available for sale securities	$	0.4	$	3.3	$	-	$	-
	Trading securities		1.3		8.1		7.1		7.7
	Mortgage and other loans receivable		0.5		0.7		-		-
	Other invested assets		17.2		18.3		2.6		3.1
	Other asset accounts*		3.4		30.1		-		0.1
	Assets held for sale		-		0.4		-		0.3
Total		$	22.8	$	60.9	$	9.7	$	11.2
Liabilities:
	Other long-term debt	$	1.7	$	2.6	$	-	$	-
	Other liability accounts*		0.9		2.2		-		-
Total		$	2.6	$	4.8	$	-	$	-

*

Decrease from prior year was due to the repayment of the FRBNY Credit Facility from the AIA and ALICO SPVs pursuant to the Recapitalization.