Business Segment Information (Tables)

12 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

The table below presents net income (loss) and the components thereto (with net interest income on an FTE basis) for 2015, 2014 and 2013, and total assets at December 31, 2015 and 2014 for each business segment, as well as All Other.

Results for Business Segments and All Other
At and for the Year Ended December 31	Total Corporation (1)						Consumer Banking
(Dollars in millions)	2015		2014		2013		2015			2014			2013
Net interest income (FTE basis)	$	39,847	$	41,630	$	41,578	$	20,428		$	20,790		$	20,548
Noninterest income	44,007		45,115		46,783		11,097			11,038			11,820
Total revenue, net of interest expense (FTE basis)	83,854		86,745		88,361		31,525			31,828			32,368
Provision for credit losses	3,161		2,275		3,556		2,346			2,470			2,957
Noninterest expense	57,734		75,656		69,213		18,716			19,390			20,711
Income before income taxes (FTE basis)	22,959		8,814		15,592		10,463			9,968			8,700
Income tax expense (FTE basis)	7,123		3,294		5,053		3,814			3,717			3,186
Net income	$	15,836	$	5,520	$	10,539	$	6,649		$	6,251		$	5,514
Year-end total assets	$	2,144,287	$	2,104,539			$	645,427		$	599,066
	Global Wealth & Investment Management						Global Banking
	2015		2014		2013		2015			2014			2013
Net interest income (FTE basis)	$	5,527	$	5,830	$	5,733	$	9,244		$	9,752		$	9,485
Noninterest income	12,507		12,573		11,735		8,377			8,514			7,744
Total revenue, net of interest expense (FTE basis)	18,034		18,403		17,468		17,621			18,266			17,229
Provision for credit losses	51		14		56		686			325			1,140
Noninterest expense	13,943		13,836		13,219		8,481			8,806			8,149
Income before income taxes (FTE basis)	4,040		4,553		4,193		8,454			9,135			7,940
Income tax expense (FTE basis)	1,473		1,698		1,536		3,114			3,353			2,912
Net income	$	2,567	$	2,855	$	2,657	$	5,340		$	5,782		$	5,028
Year-end total assets	$	296,271	$	274,954			$	386,132		$	353,637
	Global Markets						All Other
	2015		2014		2013		2015			2014			2013
Net interest income (FTE basis)	$	4,191	$	3,851	$	4,056	$	457		$	1,407		$	1,756
Noninterest income	10,822		12,279		11,322		1,204			711			4,162
Total revenue, net of interest expense (FTE basis)	15,013		16,130		15,378		1,661			2,118			5,918
Provision for credit losses	99		110		143		(21		)	(644		)	(740		)
Noninterest expense	11,374		11,989		12,222		5,220			21,635			14,912
Income (loss) before income taxes (FTE basis)	3,540		4,031		3,013		(3,538		)	(18,873		)	(8,254		)
Income tax expense (benefit) (FTE basis)	1,117		1,441		2,012		(2,395		)	(6,915		)	(4,593		)
Net income (loss)	$	2,423	$	2,590	$	1,001	$	(1,143	)	$	(11,958	)	$	(3,661	)
Year-end total assets	$	548,790	$	576,552			$	267,667		$	300,330

⁽¹⁾  There were no material intersegment revenues.

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

The table below presents a reconciliation of the four business segments’ total revenue, net of interest expense, on an FTE basis, and net income to the Consolidated Statement of Income, and total assets to the Consolidated Balance Sheet. The adjustments presented in the table below include consolidated income, expense and asset amounts not specifically allocated to individual business segments.

Business Segment Reconciliations
(Dollars in millions)	2015			2014			2013
Segments’ total revenue, net of interest expense (FTE basis)	$	82,193		$	84,627		$	82,443
Adjustments:
ALM activities	(231		)	(18		)	(646		)
Equity investment income	261			1,130			2,901
Liquidating businesses and other	1,631			1,006			3,663
FTE basis adjustment	(889		)	(851		)	(859		)
Consolidated revenue, net of interest expense	$	82,965		$	85,894		$	87,502
Segments’ total net income	$	16,979		$	17,478		$	14,200
Adjustments, net-of-taxes:
ALM activities	(708		)	(280		)	(934		)
Equity investment income	162			706			1,828
Liquidating businesses and other	(597		)	(12,384		)	(4,555		)
Consolidated net income	$	15,836		$	5,520		$	10,539
				December 31
				2015			2014
Segments’ total assets				$	1,876,620		$	1,804,209
Adjustments:
ALM activities, including securities portfolio				612,364			569,320
Equity investments				4,297			4,871
Liquidating businesses and other				140,013			169,586
Elimination of segment asset allocations to match liabilities				(489,007		)	(443,447		)
Consolidated total assets				$	2,144,287		$	2,104,539

Reconciliation of Revenue from Segments to Consolidated

The table below presents a reconciliation of the four business segments’ total revenue, net of interest expense, on an FTE basis, and net income to the Consolidated Statement of Income, and total assets to the Consolidated Balance Sheet. The adjustments presented in the table below include consolidated income, expense and asset amounts not specifically allocated to individual business segments.

Business Segment Reconciliations
(Dollars in millions)	2015			2014			2013
Segments’ total revenue, net of interest expense (FTE basis)	$	82,193		$	84,627		$	82,443
Adjustments:
ALM activities	(231		)	(18		)	(646		)
Equity investment income	261			1,130			2,901
Liquidating businesses and other	1,631			1,006			3,663
FTE basis adjustment	(889		)	(851		)	(859		)
Consolidated revenue, net of interest expense	$	82,965		$	85,894		$	87,502
Segments’ total net income	$	16,979		$	17,478		$	14,200
Adjustments, net-of-taxes:
ALM activities	(708		)	(280		)	(934		)
Equity investment income	162			706			1,828
Liquidating businesses and other	(597		)	(12,384		)	(4,555		)
Consolidated net income	$	15,836		$	5,520		$	10,539
				December 31
				2015			2014
Segments’ total assets				$	1,876,620		$	1,804,209
Adjustments:
ALM activities, including securities portfolio				612,364			569,320
Equity investments				4,297			4,871
Liquidating businesses and other				140,013			169,586
Elimination of segment asset allocations to match liabilities				(489,007		)	(443,447		)
Consolidated total assets				$	2,144,287		$	2,104,539

Reconciliation of Assets from Segment to Consolidated

The table below presents a reconciliation of the four business segments’ total revenue, net of interest expense, on an FTE basis, and net income to the Consolidated Statement of Income, and total assets to the Consolidated Balance Sheet. The adjustments presented in the table below include consolidated income, expense and asset amounts not specifically allocated to individual business segments.

Business Segment Reconciliations
(Dollars in millions)	2015			2014			2013
Segments’ total revenue, net of interest expense (FTE basis)	$	82,193		$	84,627		$	82,443
Adjustments:
ALM activities	(231		)	(18		)	(646		)
Equity investment income	261			1,130			2,901
Liquidating businesses and other	1,631			1,006			3,663
FTE basis adjustment	(889		)	(851		)	(859		)
Consolidated revenue, net of interest expense	$	82,965		$	85,894		$	87,502
Segments’ total net income	$	16,979		$	17,478		$	14,200
Adjustments, net-of-taxes:
ALM activities	(708		)	(280		)	(934		)
Equity investment income	162			706			1,828
Liquidating businesses and other	(597		)	(12,384		)	(4,555		)
Consolidated net income	$	15,836		$	5,520		$	10,539
				December 31
				2015			2014
Segments’ total assets				$	1,876,620		$	1,804,209
Adjustments:
ALM activities, including securities portfolio				612,364			569,320
Equity investments				4,297			4,871
Liquidating businesses and other				140,013			169,586
Elimination of segment asset allocations to match liabilities				(489,007		)	(443,447		)
Consolidated total assets				$	2,144,287		$	2,104,539