Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2020

Segment Reporting [Abstract]

Results of Businesses

Table 81: Results of Businesses

Three months ended September 30 In millions	Retail Banking			Corporate & Institutional Banking		Asset Management Group			Other			Consolidated (a)
2020
Income Statement
Net interest income	$	1,383		$	1,012	$	89		$	—		$	2,484
Noninterest income	673			723		221			180			1,797
Total revenue	2,056			1,735		310			180			4,281
Provision for (recapture of) credit losses	(157		)	211		(19		)	17			52
Depreciation and amortization	64			50		11			121			246
Other noninterest expense	1,457			616		200			12			2,285
Income from continuing operations before income taxes (benefit) and  noncontrolling interests	692			858		118			30			1,698
Income taxes (benefit)	162			188		27			(211		)	166
Net income from continuing operations	$	530		$	670	$	91		$	241		$	1,532
Average Assets	$	98,731		$	183,266	$	8,361		$	171,781		$	462,139
2019
Income Statement
Net interest income	$	1,393		$	911	$	70		$	130		$	2,504
Noninterest income	744			654		216			124			1,738
Total revenue	2,137			1,565		286			254			4,242
Provision for (recapture of) credit losses	147			48		(1		)	(11		)	183
Depreciation and amortization	60			51		11			125			247
Other noninterest expense	1,476			652		217			31			2,376
Income from continuing operations before income taxes (benefit) and noncontrolling interests	454			814		59			109			1,436
Income taxes (benefit)	107			169		13			(34		)	255
Net income from continuing operations	$	347		$	645	$	46		$	143		$	1,181
Average Assets	$	93,222		$	168,193	$	7,331		$	137,963		$	406,709
Nine months ended September 30 In millions	Retail Banking			Corporate & Institutional Banking		Asset Management Group			Other			Consolidated (a)
2020
Income Statement
Net interest income	$	4,229		$	3,014	$	266		$	13		$	7,522
Noninterest income	2,046			2,143		629			353			5,171
Total revenue	6,275			5,157		895			366			12,693
Provision for credit losses	1,049			2,254		23			103			3,429
Depreciation and amortization	188			149		34			366			737
Other noninterest expense	4,369			1,912		613			(42		)	6,852
Income (loss) from continuing operations before income taxes (benefit) and noncontrolling interests	669			842		225			(61		)	1,675
Income taxes (benefit)	161			160		52			(245		)	128
Net income from continuing operations	$	508		$	682	$	173		$	184		$	1,547
Average Assets	$	98,764		$	185,001	$	8,041		$	152,223		$	444,029
2019
Income Statement
Net interest income	$	4,118		$	2,685	$	208		$	466		$	7,477
Noninterest income	1,996			1,891		719			435			5,041
Total revenue	6,114			4,576		927			901			12,518
Provision for (recapture of) credit losses	356			219		(2		)	(21		)	552
Depreciation and amortization	170			151		51			366			738
Other noninterest expense	4,361			1,936		656			121			7,074
Income from continuing operations before income taxes (benefit) and noncontrolling interests	1,227			2,270		222			435			4,154
Income taxes (benefit)	291			471		51			(107		)	706
Net income from continuing operations	$	936		$	1,799	$	171		$	542		$	3,448
Average Assets	$	92,282		$	163,126	$	7,247		$	133,944		$	396,599

(a) There were no material intersegment revenues for the three and nine months ended September 30, 2020 and 2019.