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Consolidated Balance Sheet (Parenthetical) (USD $)
Share data in Millions, except Per Share data, unless otherwise specified
Jun. 30, 2012
Dec. 31, 2011
Cash and due from banks $ 4,136,000,000 [1] $ 4,105,000,000 [1]
Federal funds sold and resale agreements, fair value 542,000,000 [2],[3] 732,000,000 [2],[3]
Interest-earning deposits with banks 3,995,000,000 [1] 1,169,000,000 [1]
Loans held for sale, fair value 2,776,000,000 [2] 2,365,000,000 [2]
Investment securities 61,937,000,000 [1] 60,634,000,000 [1]
Loans 180,425,000,000 [1],[2],[4],[5] 159,014,000,000 [1],[2],[4],[5]
Loans, Fair Value 291,000,000 [6] 227,000,000 [6]
Allowance for loan and lease losses (4,156,000,000) [1] (4,347,000,000) [1]
Equity investments 10,617,000,000 [1] 10,134,000,000 [1]
Other assets 24,559,000,000 [1],[2] 22,698,000,000 [1],[2]
Other assets, fair value 669,000,000 639,000,000
Other borrowed funds 11,305,000,000 [1] 6,639,000,000 [1]
Accrued expenses 3,428,000,000 [1] 4,175,000,000 [1]
Other liabilities 5,097,000,000 [1] 4,874,000,000 [1]
Common stock, par value $ 5 $ 5
Common stock, authorized 800 800
Common stock, issued 537 537
Common stock held in treasury at cost, shares 8 10
Preferred stock 500,000 500,000
Black Rock Series C Preferred Stock [Member]
   
Other assets, fair value 200,000,000 [7] 210,000,000 [7]
Variable Interest Entity, Primary Beneficiary [Member]
   
Cash and due from banks 6,000,000 [8],[9] 7,000,000 [8],[9]
Interest-earning deposits with banks 8,000,000 [8],[9] 325,000,000 [8],[9]
Investment securities 108,000,000 [8],[9] 109,000,000 [8],[9]
Loans 7,987,000,000 [8],[9] 6,096,000,000 [8],[9]
Allowance for loan and lease losses (84,000,000) [8],[9] (91,000,000) [8],[9]
Equity investments 1,729,000,000 [8],[9] 1,643,000,000 [8],[9]
Other assets 1,184,000,000 [8],[9] 1,205,000,000 [8],[9]
Other borrowed funds 6,545,000,000 [8],[9] 4,777,000,000 [8],[9]
Accrued expenses 105,000,000 [8],[9] 155,000,000 [8],[9]
Other liabilities $ 837,000,000 [8],[9] $ 734,000,000 [8],[9]
[1] Amounts represent the assets or liabilities of consolidated variable interest entities (VIEs).
[2] Amounts represent items for which the Corporation has elected the fair value option.
[3] Included in Federal funds sold and resale agreements on our Consolidated Balance Sheet. PNC has elected the fair value option for these items.
[4] Net of unearned income, net deferred loan fees, unamortized discounts and premiums, and purchase discounts and premiums totaling $3.1 billion and $2.3 billion atJune 30, 2012 and December 31, 2011, respectively.
[5] Future accretable yield related to purchased impaired loans is not included in loans outstanding.
[6] Included in Loans on our Consolidated Balance Sheet.
[7] PNC has elected the fair value option for these shares.
[8] Difference between total assets and total liabilities represents the equity portion of the VIE or intercompany assets and liabilities which are eliminated in consolidation.
[9] Amounts represent carrying value on PNC’s Consolidated Balance Sheet.